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Korea Report - February, 2010.

Topics.

²  SKorea created a powerful impression at the Vancouver Winter Olympics.

²  The government to dispatch over 200 troops for UN-led peacekeeping mission to Haiti and 350 troops to Afghanistan.

²  Seoul asks Japan and France to return ancient texts.

²  Ruling GNP debated the Sejong City revision proposal.

²  4 American university to open their branch in Incheon FEZ.

²  The rice price in NK rose 1,000% in Jan amid severe food shortage.

²  NK is near attracting foreign investments worth about $10 bil.

²  Korean economy has been losing steam during the past 2 months.

²  IMF said SKorea's fiscal deficit was expected to stand at 2.7% of its GDP this year.

²  Financial regulator explicited M&A scenario between megabanks.

²  Korea's trade balance swung to a surplus of $2.33 bil in Feb.

²  Government will speed up to sell stakes in bailed-out firms.

²  Korea's 15 biggest firms saw liquidity assets jump nearly 50% at the end of 2009.

²  HHI announced to switch the contract for 5 out of 9 containerships.

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