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Korea Report - April, 2010.
Topics.
² KORUS FTA yet to be ratified.
² Japan repeated its territorial claim over Dokdo islets.
² World longest seawall completed in Gunsan.
² Investigation team concluded that an underwater explosion broke the 1,200 tons
corvette naval ship into two parts.
² NK declared it would seize 5 SKorean facilities at a mountain resort.
² Seoul to host the second Global Nuclear Security Summit in 2012.
² Korea's economy posted a 7.8% on-year growth in the Q1.
² Moody’s upgraded Korea’s sovereign credit rating to A1.
² Korea’s export surged 36.2% on year in April.
² Trade between Korea and China has increased 22-fold since diplomatic relation
established in1992.
² Samsung Electronics operating profit to soar nearly 7-fold in the first quarter on-year.
² KOSPI hit 1,752.20, the highest level in near 2 years.
² BOK to take measures to stop KWon from appreciating sharply against the USDdollar.
² Korea's consumer prices grew 2.6% in April.
² Korean shipbuilders received orders of 1.54 mil CGT in the first quarter.
² Ships’ price down, while steel price up.
² HHI posted record-high quarterly earnings in the first quarter.
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