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  Korea Report - February 2013
  Author : Hwang & Co     Date : 13-03-07 14:32     Hit : 33910    
   Korea Report - February 2013.pdf (348.2K), Down : 17, 2013-03-07 14:32:54
 

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Korea Report - February, 2013.

 

Topics.

 

©÷ Park Geun-hye took oath to become Korea¡¯s 18th president on 25th.

©÷ President Lee left office on 24th with a mixed scorecard of his 5-year term.

©÷ After nearly 5 years, the South Gate is officially to open to the public in April.

©÷ NK on 12th conducted a third nuclear test, more powerful than the previous.

©÷ USA and China apparently face policy dilemmas over Pyongyang.

©÷ President Park pledged to intervene in currency market in response to a weaker yen.

©÷ Fitch Ratings has maintained its sovereign ratings on SKorea despite heightened geopolitical tension.

©÷ SKorea¡¯s content industry is forecast to grow 9.5% this year with surplus in trade of cultural products.

©÷ Growing M&A market anticipated this year with DSME, Woori Financial Group, Korea Aerospace Industries, STX PanOcean, Korea Line Corporation and Dongyang Group.

©÷ Combined market capitalization of top 20 companies reached $553.3 bil in Dec 2012.

©÷ More than 1 in 3 North American smartphone owners use a made-in-Korea device.

©÷ Apple failed to persuade a US appeals court to stop SEC selling the Galaxy Nexus smartphone.

©÷ SKorea retained its position as the world¡¯s fifth largest automobile producer last year.

©÷ The global market share of HMC and Kia Motors hit a record high 8.8% in 2012.

©÷ NK`s nuclear test on 12th had no substantial impact on SKorean financial markets.

©÷ Korean Air is to develop a, 1,100 ft office-and-hotel tower in downtown Los Angeles.

©÷ The exchange rate of KWon against USDollar maintained stable, despite JYen¡¯s aggressive weakening.

©÷ Korea¡¯s employment rate continued to drop for the third straight month.

©÷ Shipbuilding market started to show dynamic move.

©÷ China is to order 50 VLCCs to local yards.

©÷ Korea¡¯s financial institutes move to support the industries with the encouragement of new government.

©÷ Cido boss arrested for the tax evasion.

 

 

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