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  Korea Report - January 2011
  Author : Hwang & Co     Date : 11-02-07 21:19     Hit : 31659    
   Korea Report - January 2011.pdf (322.9K), Down : 30, 2011-02-07 21:19:13
 

HWANG & COMPANY, LTD.

 

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Korea Report - January 2011.

 

Topics.

 

SKorean commandos stormed hijacked 19,000-dwt chemical carrier to save ship and crew.

More than 2.7 mil head of cows and pigs have been culled because of FMD since late Nov.

Seoul recorded -17.8 C, the lowest since Jan 15, 2001.

Childbirths in Korea grew for the ninth consecutive month in Nov.

The NK's bombardment has changed perceptions about NK among young people.

US and Chinese President agreed NK must stop provocations and halt its nuclear ambitions.

NK is desperate in its call for dialogue with SKorea.

The Korean economy in 2010 grew at an 8-year high of 6.1%.

Lee highlighted his policies in 2011: GDP growth over 5%, inflation under 3%.

BOK raised the benchmark interest rate from 2.5% to 2.75%.

Korea posted a $28.21 bil current account surplus last year.

Korea's IT trade surplus surged to a record high of $78.2 bil in 2010.

Korean companies posted the best performances in their history in 2010, despite the global financial crisis.

SEC has sold more than 10 mil units of its Galaxy S smartphone worldwide.

HMC Group was designated as the preferred bidder for Hyundai E&C.

KOSPI reached all time high 2115 on market confidence.

Korea yards expect to win back the No 1 shipbuilding in 2011.

Korea Line Corp has applied for court receivership.

 

 

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