February 6, Thursday, News Headline
- seoultribune
- 2월 7일
- 5분 분량
《ECONOMY》
Government Establishes Over 34 Trillion Won 'Advanced Strategic Industry Fund' in Response to Trump Tariff War
Acting Minister Choi Sang-mok chairs the Industrial Competitiveness Enhancement Ministers' Meeting, inspecting five major industries: semiconductors, batteries, shipbuilding, automobiles, and steel. The government promises 'swift support' while simultaneously enhancing the perception of Korean products in the U.S. and diversifying exports.
K-Battery Advances Despite 'Chasm and Trump Risks'
Korean battery firms maintain flexible management strategies. Experts state, "Our confidence in the future remains unchanged."
Auto Industry in Crisis on Sharp Turn: Simultaneous Hit from Tariffs and IRA
The U.S.-driven uncertainty grows across industries. Universal tariffs could negatively impact exports, cause supply chain disruptions, and reduce profitability. The elimination of IRA subsidies would add to the strain. Semiconductor exports face potential controls. The government vows 'all-out financial and technical support.'
Korean SMEs, Food, Apparel, and Cosmetics Scramble for Countermeasures Amid Tariff War
SMEs with factories in China take a direct hit, finding it harder to respond compared to large corporations. K-food, fashion, and cosmetics companies are closely monitoring tariff changes and expanding production in the U.S. The e-commerce sector expects intensified competition from Chinese platforms like AliExpress, Temu, and Shein.
U.S. and China Dominate Tech Investments, Accounting for 60% of Global R&D Leaders
According to the Korea Chamber of Commerce and Industry's analysis of the EU Joint Research Center's global top 2,000 companies, the U.S. leads with 681 companies, followed by China with 524, totaling 1,205 G2 firms. Over the past decade, China added 405 companies and increased investment by 11.5 times. South Korea dropped 14 companies from the top 2,000 but maintained its 8th rank.
《FINANCE》
KOSPI Rallies Past 2,500 Amid Reduced U.S. Tariff Fears
Expectations for U.S.-China tariff negotiations buoy the market, with foreign and institutional investors showing strong buying. Samsung Electronics and SK Hynix continue to rise for the second day, while LG CNS drops 5%.
‘Bitcoin Czar’ David Sacks Disappoints at Press Conference, Crypto Market Plunges
Bitcoin falls 3.6%, dropping below $100,000. Altcoins like Ethereum, Ripple, and Solana weaken. The market was disappointed as Sacks emphasized the need for 'clear regulations.'
"No Refunds on Canceled Silver Bar Orders": FTC Files Complaint Against Korea Silver Exchange
The company lured consumers with false and exaggerated claims, leading to 2.2 billion won in unpaid or delayed refunds. They face 135 days of business suspension and a 7.5 million won fine for violating e-commerce laws.
LG CNS Faces Harsh KOSPI Debut, Shares Fall 5.5% Intraday
Shares traded at 58,500 won as of 11 AM. Financial investor Macquarie PE sold part of its holdings through the IPO. Only 15% of companies committed to mandatory holding periods, dampening investor sentiment.
‘Shopping Basket Prices’ Surge Again, Squeezing Household Budgets
High exchange rates and oil prices push inflation back above 2%. Prices for coffee, snacks, and beverages are rising. U.S. tariffs and supplementary budgets add upward pressure, potentially affecting the Bank of Korea's rate-cut decisions.
《CORPORATE》
'AI Alliance' and 'Trump's Second Term Outreach': Lee Jae-yong & Choi Tae-won Take the Lead
In the midst of impeachment turmoil, corporate leaders play a vital role in international engagement. Lee Jae-yong met with Masayoshi Son and Sam Altman the day after his acquittal for an 'AI summit.' Choi Tae-won organized a U.S. outreach delegation led by the Korea Chamber of Commerce and Industry.
Large Corporations Lead New Employment Despite Recession
CEO Score analyzed national pension enrollments by large companies, showing 1.59 million employees last year, an increase of 5,302 from the previous year. Samsung Electronics added 4,716 employees, and CJ Olive Young added 2,224.
"Buy Now, Ride This Summer": Hyundai's New Palisade in High Demand
The gasoline model has a five-month delivery wait. Alongside the Avante Hybrid, it's one of the longest. Pre-orders alone reached 45,000 units, pushing for production capacity expansion.
Taihan Electric Wire Surpasses 3 Trillion Won in Sales, Achieves Record-Breaking 110 Billion Won in Operating Profit
Sales rose 15% and operating profits 44% year-on-year, driven by the cable and solutions businesses. Expanded global sales in markets like the U.S. and Europe contributed to the results.
Threat to ChatGPT? Visiting DeepSeek's Headquarters After the Holiday
Crowds gathered outside DeepSeek's office in Hangzhou, China. Attention focused on whether founder Liang Wenping would appear. Despite tightened security, visits were unsuccessful, but domestic and international interest remains high.
《REAL ESTATE》
21,000 Unsold Units: Highest in a Decade
The Ministry of Land announced December's housing transaction statistics, showing six consecutive months of decline in Seoul and a three-month national decrease. The transaction freeze leads to a buildup of unsold units. The government considers temporarily easing DSR (Debt Service Ratio) regulations.
3 Trillion Won Injected to Support Construction Industry Liquidity, But LH Fails to Execute a Single Project
The Ministry of Land announced the 'Construction Industry Recovery Support Plan' last year, but LH did not purchase any land from construction firms. The industry suggests easing unfavorable purchasing conditions.
Temporary Loan Regulation Easing Only in Regional Areas? Market Says 'It's Meaningless'
Unsold units post-completion exceed 20,000 for the first time in 10 years, with Daegu having the highest number. Opinions vary from calls for more tax benefits to concerns about maintaining a housing price bubble.
January Seoul Apartment Transactions at 1,000: One-Fifth of Pre-Loan Regulation Figures
Transactions dropped from 9,219 in July last year to 1,760 in January. The average sale price fell by 100 million won in just two months.
'Rent-to-Jeonse' Trend Deepens as Loan Restrictions Tighten, Seoul Apartment Rent Index Hits Record High
January's index reached 120.9, the highest in 10 years of record-keeping. Ultra-high rents over 10 million won surged.
《SOCIETY》
Midway Through President Yoon's Impeachment Trial: Fierce Debate Over 'Arrest'
Constitutional Court witnesses give conflicting testimonies. Some claim, "No orders to arrest politicians," while others defend Yoon. The legal community suggests the trial is influenced by courtroom strategy. Testimonies by Kim Bong-sik and Jo Ji-ho set for the 13th.
Record 12,253 Workplace Bullying Cases Last Year
Rep. Kim Wi-sang from the ruling party released data showing 11,038 cases reported in 2023, with 218 sent to prosecution and 272 receiving fines.
7 Billion Won Worth of Drugs Already Circulated: Vietnamese Drug Network in Korean Clubs Exposed
Vietnamese nationals in their 20s and 30s were arrested for distributing and using drugs in Korean nightclubs and entertainment venues.
Seoul's ‘Foreign Housekeeper’ Pilot Program to End This Month
Despite high demand for Filipino housekeepers at 2.38 million won a month for 8-hour workdays, the pilot ends in Seoul, Busan, and Sejong, with nationwide expansion uncertain.
Seoul's 'Mobile Worker Rest Areas' Shrinking Amid Cold Snap
Delivery riders and taxi drivers face harsh conditions as rest areas close in Eunpyeong and possibly Bukchang. Budget cuts also eliminate legal and tax consultations.
《INTERNATIONAL》
Turning a Warzone Into a Luxury Resort? Trump's Shocking Idea
Trump suggests 'redeveloping' Gaza like a real estate mogul. He hints at U.S. military intervention, envisioning Gaza as the 'Riviera of the Middle East.' While Israel supports the idea, Saudi Arabia and Hamas oppose it. Critics argue it amounts to 'forced displacement and ethnic cleansing' of Palestinians.
Trump: 'No Rush to Call Xi Jinping… Will Do It at the Right Time'
The U.S. and China continue their tariff tit-for-tat, with Trump dismissing China's 10% political tariffs, saying, "It's fine." Disagreements over fentanyl persist, making negotiations tough. Foreign media call the U.S.-China trade war the 'New Opium War.'
Flights Grounded, Schools Closed: Thailand Faces Worsening Air Pollution
Over 350 schools have been ordered to close. The government is expanding dust control measures in restaurants and other sectors.
China's Upgraded Deep-Sea Submersible 'Jiaolong' to Conduct South China Sea Trials in March
Jiaolong set a record diving 7,062m in the Mariana Trench in 2012. In 2010, it sparked controversy by planting a Chinese flag on the disputed South China Sea seabed.
China Proud of DeepSeek's AI App Development as a 'National Success'
Officials in Hangzhou, home to DeepSeek, boast, "The foreign moon isn't rounder. We can do better." Liang Wenping's hometown in Guangdong promotes his ties to a 100-year-old middle school. However, controversies persist over the app's imitation of foreign AI and state intervention in sensitive topics.
Seoul Tribune (c)
コメント