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Korea Report - November, 2016.

TOPICS.

President Park and President-elect Donald Trump reconfirmed the partnership (p.2)

President Park faces a range of allegations for her friend, Choi Soon-sil (p.2)

Park failed to divert public anger by changing PM and Deputy PM (p.2)

SKorea and Japan signed a military information sharing pact (p.4)

SKorea moves forward for deployment of THAAD missile defense system (p.8)

Dark clouds hang over SKorea, as almost all of economic indicators point downwards (p.9)

OECD cut its 2017 growth forecast for SKorean economy to 2.6% (p.10)

Korea’s household debt stood at KW1,260 tril, a threat to the balance of economy (p.11)

The performances of chaebols in third quarter (p.13)

Samsung’s 15 affiliates made 29.07% of the total market cap in Korea’s stock exchange (p.13)

SEC acquired Harman International Industries for $8 bil in cash (p.14)

LG Electronics reaped second-highest sales of household appliances in the world in 3Q (p.14)

SKorea was the world's fifth-largest eco-friendly auto market last year (p.15)

KOSPI dropped to 1,958.38 and KWon weakened to 1,186, on political scandal here and presidential election in USA (p.17)

HHI will reorganize its business into 6 separate companies (p.19)

Seoul Central District Court authorized a rehabilitation plan of STX O&S (p.22)

Daesun continued to secure new building orders to reach its annual target (p.22)

HMM was named the preferred bidder for Hanjin Shipping’s Spanish terminal (p.22)

Kogas started process to prepare national tender for a small scale LNG carrier (p.23)

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