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  Korea Report - October 2011
  Author : Hwang & Co     Date : 11-11-05 15:02     Hit : 12559    
   Korea Report - October 2011.pdf (338.2K), Down : 18, 2011-11-05 15:02:26
 

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Korea Report - October, 2011.

 

Topics.

 

President Lee made a state visit to USA, during Congressional ratification of KOR-US FTA.

SKorea agree with Japan to increase the bilateral currency swap from $13 bil to $70 bil, and with China from $26 bil to $56 bil.

Civic activist Park Won-soon won Seoul mayoral by-election.

SKorea pressures China to stop the deportation of a group of defectors back to NK.

USA vowed to provide "overwhelming reinforcements" in contingencies on the Korean Peninsula.

The country's GDP grew 3.4% in third quarter on-year.

IMF forecasts SKorea's per-capita GDP to reach $31,733 in 2015.

SKorea's trade surplus stood at $4.29 bil in Oct.

Foreign car makers fueled rapid sales growth in Korea.

Korea's national debt is estimated to reach KW448.2 tril next year.

Samsung Electronics and Hyundai Motor ranked 17th and 61st in brand value for this year.

SEC outpaced Apple in the global smartphone market by more than 10 mil handsets.

Apple and Samsung are engaged in bruising legal battles of more than 20 cases in 10 countries.

HMC sold 359,560 vehicles in Sept jumped 14.1% on-year.

KOSPI fluctuated in range of 1666-1929, due to global credit crunch.

BOK kept the key interest rate steady at 3.25% for the fourth straight month.

Korean shipbuilders have won half of the global orders this year, solidifying No 1 position.

It is arguable whether this is the timing to hit the order.

The market for the LNG FPSO is expected rapidly expanding.

DSME has become an owner of 4 VLCCs and 2 capesize bulkers.

 

 

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