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February 17 (Monday) News Headline

  • seoultribune
  • 2월 23일
  • 4분 분량

《Economy》

Youth Employment Crisis Deepens: Highest Unemployment Rate and Employment Rate Deterioration in Four Years

  • Rising incomplete employment and preference for experienced workers impacting job market

  • Nine consecutive months of increasing job seekers leaving the market

  • Government aims to hire 24,000 new employees in public institutions this year and expand long-term youth internships

‘Semiconductor Olympics’ ISSCC Opens: China 92 Papers vs. Korea 44

  • The top semiconductor design conference to be held in the U.S. from February 16-20

  • China ranks first in accepted papers for the third consecutive year, with universities leading the performance

  • Industry experts warn about potential shifts if Chinese talents settle in the industry

  • Samsung Electronics leads among corporations, followed by MediaTek

"South Korea Drowning in Debt": 100,000 People Cry for Help

  • Individual workout programs surpass 100,000 cases for the first time

  • Youths and retirees alike fall into the debt trap

  • Financial crisis deepens: how far will the credit crisis go?

More Small Business Owners Defaulting on Loans: 52% Surge in 'Livelihood-driven' Defaults Among Those Aged 60+

  • Default rate among self-employed increased by 35% last year

  • Financial authorities to provide support for delinquent and struggling business owners starting next month

Parents Shocked at Chocolate Prices

  • Financial Times reports cocoa inventory hitting a historic low

  • Food companies scrambling for synthetic chocolate alternatives

《Finance》

"Too Expensive" – Investment in 'Magnificent 7' Loses Appeal

  • Except for Meta, the rest of the group is no longer among the top 50 growth stocks this year

  • Hedge funds shifting to value stocks, European markets, and gold after profit-taking

  • AI adoption progressing faster than expected post-Deepsea Shock

"Dark Period" for Dividends Ends: Quarterly Dividend Transparency in Effect

  • Financial authorities implement follow-up measures to improve dividend procedures

  • 43% of listed companies amend their articles for settlement-based dividends

  • Further adjustments needed for quarterly dividend regulations

Gold Microbars Selling Out Amid Surge in Jewelry Demand

  • 1g 'micro gold bars' sell out within 30 minutes

  • 10K gold rings gain popularity for their resemblance to 14K

  • Experts warn of speculative frenzy

LNG Market Heats Up Amid Tariff Wars

  • Natural gas futures surge 22% in two weeks

  • U.S. emerges as top LNG exporter, leveraging it as a trade tool

  • Countries with trade surpluses with the U.S. seek to buy LNG

  • Stocks like GE Vernova and EQT Corporation gain traction; natural gas ETFs up 30% this year

"83% Jump Overnight" – Nvidia Boosts This Stock

  • Nvidia’s Q4 portfolio reveals strategic acquisitions

  • Self-driving firm WeRide and AI company Navious among purchases

  • SoundHound and Serve Robotics shares sold

  • SoftBank’s Masayoshi Son sells 44% of ARM shares

《Corporations》

"No Time for R&D" – 80% of Companies Say 52-Hour Workweek Hinders Innovation

  • Korea Chamber of Commerce survey highlights negative impact on R&D output

  • Calls for flexible working hours in research sectors

BMS Technology Secures LG Energy Solution's Profitability in Battery Market

  • Battery Management System (BMS) innovation adds $300 per unit

  • Leapfrogs Toyota and Sony with AI-powered data integration

  • Key technology focus for self-driving cars and urban air mobility (UAM)

Hanwha Aerospace Eyes European Defense Market, Negotiating With a Nordic Country

  • Possible visit from a Nordic country in mid-May

  • Multi-layered defense cooperation expected

  • Competing against HIMARS with the K239 Chunmoo system

  • Norway bids ramping up

K-Battery Faces Tougher Times as Market Share Drops Below 20%

  • Combined market share of Korea’s top three battery makers falls to 18.4%

  • Down 4.7 percentage points year-on-year

  • China’s top six companies see their share grow from 63.4% to 67.1%

"TSMC-Intel Cooperation Unlikely Due to Foreign Shareholder Opposition"

  • Taiwanese media reports over 70% of foreign shareholders likely to oppose

  • Concerns over potential shareholder value erosion

  • Even if Intel receives support, technical collaboration remains uncertain

《Real Estate》

Former No.1 in Home Price Growth Now at the Bottom

  • Sejong home prices drop 0.12% week-on-week

  • 19th consecutive weekly decline since September last year

Daegu’s Housing Market Plummets Amid Overpricing Controversy

  • Unsold inventory concentrated in western districts

  • Average pre-sale price reaches 640 million KRW

Foreigners Own 69,000 Homes in the Capital Area; Foreclosed on Defaulting Rental Deposits

  • Authorities to enforce ‘one-strike out’ policy for rental guarantee fraud

30s Become the Largest Apartment Buyers Despite Loan Restrictions

  • Over 49,000 transactions last year, with 30s accounting for 26%

  • Since surpassing the 40s in 2023, they continue to dominate apartment purchases

Top 10 Builders’ Pre-Sale Volume to Drop 30% This Year

  • Concerns over supply shortage amid rising construction costs and demand contraction

《Society》

Gold Rings at Baby’s First Birthday? Not Anymore

  • Gold prices near 600,000 KRW per ‘don’ (~3.75g), doubling in three years

  • Families shifting to silver or cash gifts

  • Some opting for smaller celebrations to ease financial burdens

"Medical School? The Closer to Seoul, the Better" – Declining Enrollment in Regional Med Schools

  • Many students choosing Seoul-area medical schools over regional ones

  • Increased multiple acceptances in medical-related majors

80% of Parents Willing to Send Their Kids to Medical School, Even After Multiple Attempts

  • Education office survey reveals strong preference for medical school enrollment

  • Concerns over negative impact of medical school expansion on college counseling

Luxury Resort ‘Banyan Tree Haeundae’ Lacked Automated Fire Alarms Before Deadly Fire

  • Police investigate six welders at a basement pipe room

  • Families mourn as they prioritize funeral arrangements

Teacher Murder Case in Daejeon: Suspect’s Investigation Delayed

  • Investigation postponed due to suspect’s recovery from surgery

  • Arrest warrant and public disclosure decision delayed

《International》

Trump Plans to Treat VAT as a U.S. Tariff: Will Korea Be Affected?

  • VAT to be considered as a trade tariff against the U.S.

  • Potential rules on subsidies and unfair trade practices

U.S. Offers Troops to Ukraine in Exchange for 50% of Rare Earth Reserves

  • Zelensky rejects the proposal

  • Key rare earth deposits are under Russian control

  • U.S. argues that its military presence alone could deter attacks

Hamas Releases 6th Round of Hostages, Avoiding Ceasefire Collapse

  • Three Israeli hostages handed over to the Red Cross

  • Israel to release 369 Palestinian prisoners in exchange

Southeast Asia Becomes a Major Buyer of South Korean Weapons

  • Philippines emerges as a key arms customer

  • Korean defense exports favored for affordability and lower political risk

Europe Fears Being Sidelined as U.S. and Russia Lead Ukraine Peace Talks

  • European nations consider sending troops to Ukraine

  • U.S.-Russia-Ukraine negotiations expected in Saudi Arabia soon

Seoul Tribune (c)

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