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  Korea Report - May 2010
  Author : Hwang & Co     Date : 10-06-06 16:06     Hit : 35468    
   Korea Report - May 2010.pdf (217.7K), Down : 43, 2010-06-06 16:06:57
 

HWANG & COMPANY

 

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Korea Report - May 2010.

 

Topics.

 

©÷ SKorea, China and Japan held their 2-day summit on Jeju Island, to discuss

investment and FTA among 3 countries.

©÷ Korea demonstrated its potential to emerge as a hub of medical tourism.

©÷ The British Philharmonia Orchestra performed for Korean Hansen's disease patients.

©÷ Evidence proves that NK launched torpedo attack on SKorea¡¯s warship. Pyongyang

denied the accusation, calling the probe results "a sheer fabrication".

©÷ NK leader Kim Jong-il made visit to Beijing, first time in 4 years.

©÷ KDI raised this year's economic growth forecast to 5.9%.

©÷ Pressure to raise the key interest rate growing.

©÷ Korea posted a trade surplus of $4.36 bil in May.

©÷ KDB is increasing its investment in specialized private equity vehicles.

©÷ Samsung Group to spend KW23.3 tril on health and green energy businesses.

©÷ Korea's automobile market has become the world's 12th largest in 2009.

©÷ POSCO selected as the preferred bidder for Daewoo International.

©÷ Composite Stock Price Index has been plummeting throughout the month.

©÷ The exchange rate of KWon against USDollar skyrocketed.

©÷ Shipbuilding capacity is major factor to kill the market, order backlog is another.

©÷ Second tier local financing circle aggressively jumped in the shipping industry.

©÷ The operating gains of Korean major yards soared in the first quarter.

 

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