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Korea Report - June, 2013.
©÷ President Park Geun-hye was on a state visit to China from June 27-30.
©÷ President Park offered to return the remains of Chinese troops killed in the Korean War.
©÷ President Park and Mr. Xi vowed to work closely together to denuclearize Korean Peninsula.
©÷ The number of foreign nationals in Korea recently exceeded 1.5 million.
©÷ HQ of UN Green Climate Fund will be situated in Korea¡¯s Songdo, Incheon city.
©÷ SKorean government aims to create more than 2.38 mil jobs by 2017.
©÷ Son Yeon-jae won three gold medals at the Asian Rhythmic Gymnastics Championships.
©÷ China rejected NK¡¯s request for recognizing NK as a nuclear weapons state.
©÷ SKorea kicked off a huge bid for purchase of 60 fighter jets worth $7.3 bil.
©÷ Japanese PM¡¯s ¡®Abenomics¡¯ received yellow card from the market for its growth strategy.
©÷ US sanctions against Iran effective July 1st inflict damages on SKorean companies.
©÷ SKorea¡¯s public sector debt snowballed to $808.8 bil as at Q1.
©÷ SKorean government raised this year¡¯s economic growth rate to 2.7 % from 2.3%.
©÷ Samsung decided to enter carbon fiber market.
©÷ Samsung won a patent fight in Japan against Apple.
©÷ Apple lost a lawsuit in the US against SEC¡¯s Galaxy S4 smartphone relating to patents.
©÷ The import automobile industry achieved record sales in May and June consecutively.
©÷ BOK froze key rate at 2.5% in June.
©÷ KOSPI plunged below 1,800 for the first time in 11 months.
©÷ SKorea's foreign exchange reserves fell by the largest amount in 13 months in June.
©÷ SKorea's consumer price growth stayed in the 1% range.
©÷ ¡°K-sure¡± financed $450 mil for ¡®Golar¡¯ LNG carriers to be built at SHI and HHI.
©÷ SHI attained $8.3 bil worth of NB contracts from January to June 2013.
©÷ STX O & S has received a fresh cash injection of $224 mil from KDB Bank.
©÷ STX Pan Ocean on 7th filed for a court receivership.
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