Professional US Visa: Are the Requirements Getting Stricter? [3-Minute Brief]

[At a Glance]
①Order Jackpot? 'Neom' Remains Quiet
②Biden vs Trump Return Match Tight
③Home Appliance Purchase vs Rental, Pros and Cons?

MARKET INDEX : Year to date

- This week's stock market expected to remain in a box range
- Influences from the US FOMC and profit-taking
- "Persistent inflation concerns also pose risks"

TOP 3 NEWS

■ Called a contract jackpot... but 'NEOM' remains quiet

- Over the past 3 years, Saudi Arabia's 'NEOM' contracts reached around 1 trillion KRW
- Far below the expected tens of trillions KRW contract boom
- Construction industry worries about NEOM's project feasibility

■ Extension of 'tonnage tax' sunset for shipping companies

- Tonnage tax set to expire at the end of this year
- Corporate tax benefits reducing shipping taxes
- Implemented by major shipping nations

■ US 'return match' Biden 39% vs Trump 38% 'neck and neck'

- Last week's Ipsos poll results
- Biden targets swing states like Michigan
- Trump faces challenge with Haley's support within the party

Graphic News: If Trump is elected... will US 'visa acquisition' become harder?

- US rejects corporate expansion of professional visas, urging "educate Americans"
- Corporations lack sufficient arguments to influence US political and administrative circles
- If Trump is elected, rejection rates are expected to increase further

the Chart: Buy or Rent... Pros and Cons of Home Appliance Rentals

- Rental market size shows steep growth every year
- Need to carefully check contract terms such as penalties
- Long-term rental may be cheaper than purchase

Terminology in the News: 'Double Hater' deciding the Korea-US election outcome

- 'Double Hater' refers to voters who dislike both candidates or parties
- Their decision criterion is 'who is more disliked'... different from moderate voters who consider policies
- They aim to block the election of the more disliked opponent... difficult to predict until results are announced

Today's Key Schedule

○ Domestic
- 18th KOSDAQ Hana 32 SPAC subscription / expected public offering price 2,000 KRW

○ Overseas
- 11:00 China February Industrial Production
- 11:00 China January Unemployment Rate
- 19:00 Eurozone February Consumer Price Index
- 21:30 Canada February Raw Materials Price Index

◇ Lunch & Commute Weather

○ Lowest temperature -1℃(▼5℃) ｜ Highest temperature: 12℃(▼3℃)
○ Precipitation probability Morning 0%｜Afternoon 20%
○ Fine dust Morning Good｜Afternoon Moderate

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.