KOREA: BEFORE THE OPEN, 19Jun2013

2014 Brazil coming your way; Another sweltering day, another power alert; SK E&C can smell the money; Inflation nation, health care and construction wages; Zuck in South Korea; 3% growth ?; Here’s what you need to know pre-open.

Sound the alarm… Another hot day, another power alert for S Korea

Temperatures expected to be over 30 degrees today. the Power Exchange has issued a preemptive alert as reserve power will fall below 4mm kW.

KOREA: BEFORE THE OPEN, 17Jun2013

North Korea DENIED; Another nuke plant back online; CJ Group and the ‘creative economy’; Biggest ever container ship; Accounting fraud at GS E&C; KDB Asset Management co-head says duck and cover; Here’s what you need to know pre-open.

Power relief, Hanwool nuclear power plant back online

Unit 5 has been restarted after it was down for maintenance. This should further help relieve the stress on the grid due to high temperatures and increased power usage.

KOREA: BEFORE THE OPEN, 11Jun2013

Heat wave abates; S Korea and Japan act like children; KEPCO president acts dumb; Subway service cut due to heat;  Namyang boycott deals a heavy blow; The super duper Galaxy S4 Zoom; Here’s what you need to know pre-open.

Seoul subway services cut to save energy

 

Other measures include fining shop owners who blast their aircon into the street to attract customers.

KOREA: BEFORE THE OPEN, 10Jun2013

South Korea is so hot right now; More nuclear power coming online; STX Offshore receives more help; Who owns the STX Pan Ocean bonds; North and South reach an understanding; Korean tech is riding high; Here’s what you need to know pre-open.

More nuclear power coming your way S Korea

They desperately need the increased capacity during this summer heat wave. Who would have thought that it gets hot in summer?

S Korean heat wave continues, expect another power supply alert

Reserve power is expected to be between 3-4mm kW.

KOREA: WEEK IN REVIEW, 08Jun2013

GDP growth meh; STX Pan Ocean meets its maker; Gaeseong talks to be restarted; ADB chief says stop whining; How do you create a  ‘creative economy’?; Here’s what you missed this week.