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  Korea Report - September 2011
  Author : Hwang & Co     Date : 11-10-06 11:35     Hit : 12947    
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Korea Report - September, 2011.




Seoul and many other parts in Korea suffered power cuts.

The prosecution is set to question Seoul education chief Kwak No-hyun over allegations that

he bought his rival out of the race in the election.

The hallyu culture have helped reduce the tension between Korea and Japan.

SKorea started sending flood relief aid to NK despite tense ties.

Seoul's new unification minister expressed optimism on thawing inter-Korean ties.

9 foreign investment banks projected that Korean economy would likely grow 4.0% this year.

SKoreas trade balance recorded a $1.4 bil surplus in Sept.

FSS suspended the operation of 7 more savings banks.

Spat between Samsung and Apple is showing no sign of truce or compromise.

STX Group decided to drop its bid to buy stakes in Hynix Semiconductor Inc.

HMC and Kia are to see yearly combined exports to exceed 2 mil units for the first time.

SKorea took up the seventh position in the global construction market.

BOK kept the benchmark interest rate unchanged at 3.25%.

Salt prices surged 42.8% in Aug on-year, the highest growth since 1981.

Performance of Big 3 sharply dropped due to slowing order for container carrier and drillship.

The stock of thick plates is sharply increasing in the steel mills.

VALE BEIJING, 400K VLOC, was delivered to STX PO.




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