US President Barack Obama paid an official visit to Korea to discuss NK,
delay of the transfer of its Wartime Operational Control of Korean troop and
Japan¡¯s wartime atrocities.
The ferry 'Sewol', with 476 people aboard, sank on April 16, off Jindo
Island.
Korea doled out $1.74 bil in official development assistance (ODA) in
2013.
SKorea and Australia signed an FTA.
Jeon Do-yeon became first Korean actress to be a jury member at Cannes
International Film Festival.
Obama warned NK that USA is set to use military force to defend South
Korea against NK attacks.
Three suspicious drones were found crashed in SKorea, spiking military
tension.
SKorea approved purchase of Patriot missiles worth $1.25 bil from USA
for deployment from 2016-2020.
BOK lifted Korea¡¯s economic growth rate to 4.0% this year, from 3.8% in
its earlier prediction.
SKorea front-loaded 60%
of its annual spending in the first half to revitalize the country's economy.
SKorea witnessed its 27th consecutive month of trade surplus in April
Korea¡¯s 81 listed firms earned an operating income of KW79.77 tril
($75.43 bil) in 2014, up 7.5% on-year.
SEC released its ¡®Galaxy S5¡¯ in 125 countries across the globe on April
11.
Korea¡¯s shipments of 3-D TV totaled 44.97 mil units in 2014, up 8.3%
on-year.
SK Hynix developed the industry¡¯s most advanced double data rate-4
(DDR4) module.
In March, SKorea¡¯s car exports came to 286,754 cars, up 9.9% on-year.
Overseas production by HMC and Kia reached 1,093,881 units in the first
quarter, up 6.1% on-year.
In Jan-March, Korea won overseas construction
orders worth $16.8 bil, up 42.1% on-year.
Kwon soared precipitously on April 29 to 1,030.6 against USDollar, the
first time in 6 years.
In the first quarter, Korea dominated 90% of global PC orders, 81% of
gas carriers and 78% of VLCCs.
The NB price of 320K VLCC NBs has passed the $100 mil mark for the first
time in 2.5 years.
KOEXIM financed $429.6 mil for 18 PCs being built in Korea on account of
Scorpio.
VLGC market is getting 'hot' at a pace as fast as to 'super cycle'.
KOGAS and Big 3 boasts of their in-house designed LNG-cargo containment
system.
Kang Duk-soo, 64, founder/ex-head of STX Group was arrested on charges
of having diverting funds.
Hanjin Group chairman, Cho Yang-ho, was named the new CEO of Hanjin
Shipping.
--------------------------------------------------------------
Please open the PDF file for full report.