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  Korea Report - April 2018
  Author : Hwang & Co     Date : 18-05-06 20:37     Hit : 4546    
   Korea Report - April 2018.pdf (407.2K), Down : 9, 2018-05-06 20:37:36

HWANG & COMPANY, LTD.

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Korea Report - April, 2018.


TOPICS.


President Moon Jae-in and NKorean leader Kim Jong-un held their first summit on 27th [p.2]


SKorea aims to become the worlds fourth-largest exporter by 2022 [p.4]


Former President Park Geun-hye sentenced to 24 years in prison and a fine of KW18 bil [p.4]


NK moved its clock forward 30 minutes to unify its time zone with SKorea [p.8]


NK on 21st announced its decision to shut down its main nuclear test site [p.8]


Mike Pompeo, director of the CIA, travelled to NK for direct contact with Kim Jong-un [p.9]


UNSC blacklisted 27 ships, 21 companies and a businessman for violation of sanctions [p.9]


SKorea imported $1.22 bil worth of US beef last year [p.12]


Concerns over capital outflow amid a widening gap of interest rates eased by firm KWon [p.12]


PERFORMANCE IN FIRST QUARTER [p.13]


SEC is increasing its patent holdings outside Korea, in the US particularly [p.14]


GM Korea avoided bankruptcy after tentative agreement with its labor union [p.15]


Korea FTC said Elliotts demand to HMC is in violation of Koreas fair trade law [p.16]


HMC and Kia Motors swept six awards at the Red Dot Design Award this year [p.17]


SKorean listed companies valued over KW1 tril have increased 20% over the year [p.17]


Indirect investment asset market reached record-high last year of $1.7 tril [p.18]


KOSPI jumped over 2,500 barrier in the wake of an inter-Korean summit [p.18]


SKorea's foreign exchange reserves came to $398.42 bil in April [p.18]


SKoreas unemployment rate in March hit its highest level in 17 years [p.19]


The government is moving fast to ignite its 5-year shipping rehabilitation plan [p.19]


Government will build optimized self-rescue plan on DSME, Sungdong and STX [p.20]


HHI announced its accumulated order intake at the end of March recorded $996 mil [p.22]


SHI announced that it posted a revenue of $1.156 bil for 1Q 2018 [p.22]


Government and creditors decided on 11th to accept STX O&S' self-rescue plan [p.23]


Changwon District Court of Korea placed Sungdong under its receivership on 20th [p.23]


 


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