Topics.

-Seoul’s relationship with new US administration faces daunting tests.

-Government plans to promote 17 technologies.

-Government unveil a “Green New Deal” project and Gyeongin Canal project.

-A famous pundit on internet was detained.

-NK announced that all agreements on ending confrontation with SKorea would be nullified.

-SKorean nuclear envoy tapped NK for the possible purchase of NK’s fuel rods.

-Korea posted its current account shortfall.

-Nigerian government nullified a contract with SKoreans to explore its offshore oil fields.

-The creditors examined viability of construction companies and shipbuilders, and sentenced a shut down for Daeju Construction and C&Heavy yard, and restructure 11 construction firms and 3 shipyards, Jinse, Daehan and Nokbong shipyards.

-SEC expects the worst performance in first quarter.

-LG Group concentrates on LED chip development and lithium-ion battery.

-Ssangyong Motor filed for court receivership.

-Shipyards are facing the ship owners trying to renegotiate the contract.

-Kim Jing-wan, president of SHI, survived a management cull in Samsung Group to be vice chairman and CH PARK promoted to senior executive VP of SHI.

-KDB decided to scrap the sale of DSME to Hanhwa and seized Hanhwa’s deposit of KW300 bil.

-Korean Federation of banks withdrew support for C&Heavy Industry.

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