MS Embraces Altman, Stock Hits All-Time High [3-Min Brief]

[3-Min Brief 3-Second Summary]
① Samsung & LG "Sound Is Also a Competitive Edge in Home Appliances"
② Is Seoul Apartment Transaction Freeze Coming Again?
③ Success Formula of 5 Million YouTuber Cha Dabin

MARKET INDEX

- All three major New York stock markets closed higher
- MS, joined by Sam Altman, hits an all-time high
- Nvidia earnings announcement also scheduled for this week

TOP 3 NEWS

■ Noise War in Noise-Free Home Appliances?

- Samsung Electronics and LG increasing investment in 'sound design'
- Assigning unique signature sounds to appliances
- Short sound effects lasting about one second are key to brand formation

■ Is the Transaction Cliff Coming Again... Seoul Apartment Cold Wave Warning

- October Seoul apartment transaction volume sharply declined compared to previous month
- Some predict the lowest level in 8 months
- High mortgage interest rates over 7% are cooling transactions

■ 'How to Succeed on YouTube' Revealed by 5 Million Subscriber YouTuber Cha Da-bin

- Female creator selected by YouTube Globe Blog
- Ranked 2nd in subscribers among music-related YouTubers excluding celebrities
- 'Consistency' is the weapon... dedicates at least 4 hours daily to YouTube

Graphic News: China's Growth Engine Fading... "Global GDP & Birth Rate ↓"

- China expected to account for 17% of global GDP this year
- Down 1.4 percentage points from the COVID-19 period, revealing weakened national competitiveness
- Number of newborns down 10%, hitting a historic low... labor shortage becoming a reality

the List

- 3 out of 10 CEOs of top 1000 companies are 'SKY' graduates
- Most common major is 'Seoul National University Business Administration'
- 'Non-SKY' mostly from Hanyang University, 'Regional universities' mostly from Pusan National University

Money-Making Law

■ Increase in Committees under the Court Administration Office... "Unclear Accountability"

- Number of various committees under the Court Administration Office increased from 43 to 51 over 7 years
- Authority is dispersed but accountability becomes unclear, raising concerns about side effects
- Some judges focus solely on committee work, criticized for receiving special treatment
☞Read article: https://www.asiae.co.kr/article/lawtimes/2023112014022618756

■ Alert on Possible Resumption of Death Penalty Executions under Yoon Administration

- Public demand for strict punishment of violent criminals increased after incidents like the Sillim Station and Seohyeon Station knife rampages this summer
- Minister of Justice Han Dong-hoon stated, "A death penalty system that necessarily accompanies crime prevention effects is needed"
- However, international status considerations such as relations with the EU, where most countries have abolished the death penalty, must be taken into account
☞Read article: https://www.asiae.co.kr/article/lawtimes/2023112014294110312

■ "Large Law Firms Also Need Compliance Organizations"

- Two lawyers from a major law firm involved in Kakao's 'SM Entertainment stock price manipulation' investment advisory sent to prosecution
- Increased investigation of lawyers as suspects... law firms need internal control bodies like general companies
- "Assigning disciplinary and compliance monitoring authority directly under the law firm's general representative is also a method"
☞Read article: https://www.asiae.co.kr/article/lawtimes/2023112014360740760

※ 'Money-Making Law,' a content partnership corner between Asia Economy and Law Times, is published every Tuesday and Thursday.

Terminology in the News: The Fall of 'Peronism'

- Former President Juan Domingo Peron's 'populist economic and social policies'
- Exclusion of foreign capital, nationalization of industries, expansion of worker welfare and wage increases
- Excessive government intervention in the market pointed out as the cause of Argentina's economic collapse

Today's Key Schedule

○ Domestic
- 09:00 Ministry of Land, Infrastructure and Transport, Central Real Estate Price Publicity Committee
- 14:00 Ministry of Land, Infrastructure and Transport, 1st New Town Special Act Residents Meeting
- 14:00 Danggeun, Dispute Mediation Center Launch Ceremony and On-site Meeting
- 15:00 2023 International Hydrogen Energy Conference (Busan BEXCO)
- Atom KOSDAQ IPO subscription / Offering price 18,000 KRW
- Dongin Machinery KOSPI listing / Offering price 30,000 KRW

- 1st priority for Paju-si Dongpae-dong Unjeong 3 Jeil Poonggyeongchae
- 1st priority for Busan Nam-gu Munhyeon-dong Munhyeon Prugio Tresiel
- 1st priority for Gyeongbuk Andong-si Ok-dong WePark Andong Hoban

○ Overseas

- Release of October meeting minutes of the U.S. Federal Open Market Committee (FOMC)
- Earnings announcements from Nvidia, Dell, etc.
- U.S. CB Leading Economic Index (October)
- BRICS special video summit on Gaza Strip

◇ Lunch & Commute Weather

○ Lowest temperature 1℃ (0℃) ｜ Highest temperature: 14℃(▲3℃)
○ Precipitation probability 0% in the morning｜0% in the afternoon
○ Fine dust Moderate in the morning｜Moderate in the afternoon

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