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  Korea Report - June 2013
  Author : Hwang & Co     Date : 13-07-05 15:18     Hit : 35047    
   Korea Report - June 2013.pdf (333.7K), Down : 21, 2013-07-05 15:18:28
 

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Korea Report - June, 2013.

 

Topics.

 

©÷ 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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