President Park¡¯s approval rating dropped from 60% to over 40% in
the wake of the Sewol ferry accident.
Park to establish a new DPM¡¯s post for overseeing educational,
social and cultural issues.
Japan stepped-up push for collective self-defense in the region.
Korea plans to invest KW150 bil ($146 mil) in ¡®fusion energy¡¯
development this year.
The captain of the Sewol and 3 other key crew members were
indicted on charges of homicide.
NK fired 2 artillery shells near SKorean warship on patrol in
the tensely guarded western sea border.
USA to raise pressure on SKorea to join the US-led missile defense
system.
NK decided to take part in the 2014 Asian Games to be held in
SKorea from Sept 19 to Oct 4.
Korea¡¯s nominal GDP per capita surpassed $24,000 last year.
Korea Development Institute revised its outlook for Korea¡¯s
economic growth to 3.7% for this year.
Moody¡¯s predicts Korea¡¯s export firms¡¯ corporate ratings may be
down due to appreciation of KWon.
SKorea¡¯s market share of global trade marked the ninth place in
2013 amongst the WTO members.
Korea¡¯s 500 businesses took in KW2.6 quadril ($2.4 tril) in
combined sales in 2013, up 1.6% from 2012.
SEC topped the American Customer Satisfaction Index for
smartphones, with 81scored on a scale of 100.
SK Hynix garnered 28.2% of the global DRAM market in Jan-March
period.
Overseas construction orders secured by
SKorean builders stood at $31.6 bil in the first 5 months in 2014.
In April alone, KWon appreciated 3.05% against the greenback, the
highest amongst 40 major currencies.
SKorea's consumer price index went up 1.7% in May, the fastest on-year rise
since Oct 2012.
Global NB orders for Jan-to-April of 2014 tallied at 46.2 mil dwt
(661 units of a combined 14.5 mil cgt).
Korea took up 91% of the total VLGC order globally inked this
year.
Korea's major yards ran a deficit in their quarterly earnings,
wider than the market consensus.
DSME recorded an operating profit of 80.6 bil ($74.2 mil) in the
first quarter, up 19.8% on-year.
HMM signed a
contract with IMM private equity at KW1 tril for the transfer of its LNGC
business.