[3-Min Brief] Pasta and Sausage May Become Unavailable... Climate Change Overturns Our Dining Table

[3-Minute Brief Summarized in 3 Seconds]
Weather Anomalies Disrupt Dining Tables...Sausage and Tomato Prices Soar
Top 5 Promising Sectors for Q4 Selected by Asset Management Firms
Jamsil House Prices Up 500 Million Won...Seoul's Housing Price Increase Widens

Two-line News

■ Prices of Sausages and Tomatoes Soar... Weather Anomalies on the Dining Table
○ Due to weather anomalies shaking the Earth and poor crop yields, 'dining table prices' are rising sharply.
○ "If the pace of global warming is not slowed, it is only a matter of time before prices of agricultural products as well as meat and dairy products rise."

A German supermarket chain Penny is conducting a 'real price' campaign.
Photo by Reuters Yonhap News

☞Read more: https://m.asiae.co.kr/article/2023091315204931022

■ Top 5 Promising Sectors for Q4 According to Asset Management Companies
○ Survey conducted among five major domestic asset management companies including Mirae Asset, KB, KTB, Shinhan, and Hanwha Asset Management
○ "Artificial Intelligence (AI), semiconductors, electric vehicles, K-defense, energy, and technology security themes are expected to lead the market going forward."
☞Read more: https://m.asiae.co.kr/article/2023091512053903746

■ Endless Controversy over Short Selling... Foreigners’ Playground Despite Harsher Penalties
○ Despite strengthened management and supervision by financial authorities, illegal short selling remains rampant... foreigners hold an overwhelmingly high share.
○ Calls for "computerization of securities lending transactions and mandatory contract conclusion on a dedicated securities lending platform."
☞Read more: https://m.asiae.co.kr/article/2023091409211065888

■ Jamsil House Prices Rise by 500 Million Won... Seoul’s Price Increase Widens
○ House prices in all autonomous districts of Seoul rise simultaneously... first time in 1 year and 9 months since the first week of December 2021.
○ After regulatory easing earlier this year, the housing price recovery that had been spreading mainly in Gangnam area appears to be expanding to the outskirts.
☞Read more: https://m.asiae.co.kr/article/2023091519183756822

■ Huawei Shock Threatens Qualcomm, Not Apple
○ Huawei launches a smartphone equipped with 7-nanometer (nm) semiconductors, overcoming U.S. technology sanctions.
○ Attention on whether China will achieve 'independence' in the mobile communication technology market, which the U.S. has almost monopolized.
☞Read more: https://m.asiae.co.kr/article/2023091410545782954

MARKET INDEX

Today's Report Card: Top 5 Stocks Bought by U.S. Stock Experts

Graphic News: Average Golf Club Membership Price 248.21 Million Won

○ The average market price of 100 major memberships traded nationwide is 248.21 million won.
○ "Inquiries for transactions are gradually increasing in the autumn season... transaction volume is expected to recover gradually."

Person in the News: First Female Japanese Foreign Minister in 20 Years, Kamikawa Yoko

○ Kamikawa Yoko appointed as Foreign Minister, equivalent to Minister of Foreign Affairs... first female Foreign Minister in 21 years.
○ The 'power woman' who executed the death sentence of the leader of Aum Shinrikyo, who led the Tokyo subway sarin gas attack.
○ Born in 1953 in Shizuoka City, 70 years old this year... does 100 squats daily to maintain physical fitness.

Yoko Kamikawa, Japanese Minister of Foreign Affairs

☞Read more: https://m.asiae.co.kr/article/2023091516454523324

Attention! Today's Schedule

○ Major Domestic Schedule
- 08:00 Ministry of Economy and Finance, Emergency Economic Ministers' Meeting and Export Investment Measures Meeting
- 09:00 Prime Minister, Meeting with Chairman of Kazakhstan's Lower House
- 14:00 Ministry of SMEs and Startups, 'New Digital Manufacturing Innovation Promotion Strategy' briefing
- 14:00 Supreme Court Full Bench to Deliver Verdict on 'Choi Kang-wook Obstruction of Business' Case
(Time TBD) Announcement of Police Organization Restructuring Plan

○ Notable Public Subscription IPOs
- Millie's Library, 23,000 won, institutional demand forecast competition rate 619.24 to 1, September 18-19
- IMT, 14,000 won, institutional demand forecast competition rate 753 to 1, September 18-19

○ Overseas: Japan closed on the 18th for Respect for the Aged Day

◇ Lunch & Commute Weather

○ Lowest temperature 20℃ (1℃▼) ｜ Highest temperature: 28℃ (0℃)
○ Precipitation probability: Morning 20%｜Afternoon 10%
○ Fine dust: Morning Good｜Afternoon Good