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Korea Report - March, 2015.

TOPICS.

US Ambassador to Korea Mark Lippert was attacked and slashed by a leftist activist (p.1)

Winning streak by Korean lady golfers on 2015 LPGA Tour was snapped at six by Cristie Kerr (p.2)

THAAD issue has emerged as diplomatic issue amongst the 3 nations - SKorea, China and USA (p.3)

SKorea decided to join the Asian Infrastructure Investment Bank (AIIB) (p.4)

SKorea's trade surplus reached a new monthly high of $8.39 bil in March (p.5)

BOK cut key interest rate to record low 1.75% on March to prevent deflation (p.5)

SKorea’s foreign exchange reserves slightly increased to $362.8 bil (p.8)

Overall, the global shipbuilding industry at large is still mired in the protracted stagnation (p.9)

Global NB orders totaled 129 ships in total, down 40% on-year (p.9)

Global NB order book stood at 5,048 ships (308.10 mil dwt, 111.76 mil cgt) (p.10)

Talk was raging amongst creditor banks as to possible merger of STX O&S, Sungdong, and SPP (p.14)

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