[3-Min Brief 3-Second Summary]
① Coupang on Fair Trade Commission's Judgment Stand for 'Algorithm Manipulation'
② Government Urges Not to Sell Line... Naver in Dilemma
③ Apple-Related Component Stocks: Will They Shake Off Q1 Slump?
MARKET INDEX
- US New York Stock Exchange's three major indices all rose
- April core CPI inflation rate hits lowest in 3 years
- Retail sales also stagnant... signs of economic cooling
Top3 NEWS
■ Hyundai Motor to Cease Domestic Production of Gasoline Small Engines
- Phasing out gasoline 'Kappa engine'
- Production realignment according to regional demand
■ Coupang Faces Fair Trade Commission Trial Over 'Algorithm Manipulation'
- Employees mobilized to manipulate reviews and search exposure
- FTC to decide penalty level next month
■ Government Opposes Line Sale... Naver Contemplates Global Business Restructuring
- Difficult to transfer entire stake
- Overseas business dominated by 'Line Yahoo'
Graphic News: Will Apple Component Stocks Finally Shake Off Slump?
- Interest in whether Apple-related component stocks can achieve upward trend
- Impact of increased sales of new iPhone and iPad models
- Q1 performance weak due to Apple’s sluggishness
Money-Making Law
■ Prosecution's 'Surprise Personnel Changes'... Focus on Seoul Central and Southern District Prosecutors' Offices Chiefs
- Lee Chang-su and Shin Eung-seok appointed as pro-Yoon (친윤) chiefs
- New phase in investigation of First Lady Kim Geon-hee’s luxury bag allegations
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024051514132379245
■ 'Legend of Special Investigation'... Leaves Prosecution After 5 Demotions
- Showcased outstanding ability as part of '27th class investigation troika'
- Submitted resignation immediately after personnel announcement, leaving juniors regretful
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024051514150582394
■ "If Disability Compensation Is Delayed, Average Wage Must Be Increased"
- Average wage should be adjusted until insurance benefit payment decision date
- Original ruling overturned as it aligns with system’s intent
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024051514163385819
※ 'Money-Making Law,' a content partnership corner between Asia Economy and Law Times, is published every Tuesday and Thursday.
Term in the News: 'Kiss Jill,' Who Led the 'Meme Stock' Craze, Returns
- Kiss Jill resumes activities after 3 years, posts photos on SNS
- GameStop, AMC Entertainment stocks rise over 70%
- Possible revival of 'GameStop incident' with return of 'meme stocks'
Today's Key Schedule
○ Domestic
- 12:00 March M2 Money Supply
○ Overseas
- 01:00 US Atlanta Fed GDPNow for Q2
- 08:50 Japan Q1 GDP
- 10:30 Australia April Unemployment Rate
- 13:30 Japan March Industrial Production
- 21:30 US Initial Jobless Claims
- 21:30 US Philadelphia Fed Manufacturing Index for May
- 22:15 US April Industrial Production
◇ Lunch & Commute Weather
○ Precipitation probability 10% in the morning|0% in the afternoon
○ Fine dust Good in the morning|Good in the afternoon
OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![Hyundai Small Gasoline Engine... Domestic Production Ends [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024051607202473028_1715811624.png)
![Hyundai Small Gasoline Engine... Domestic Production Ends [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024051607132973017_1715811209.png)
![Hyundai Small Gasoline Engine... Domestic Production Ends [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2024051607144073018_1715811280.jpg)
![Hyundai Small Gasoline Engine... Domestic Production Ends [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2023112714362267540_1701063382.png)
![Hyundai Small Gasoline Engine... Domestic Production Ends [3-Minute Brief]](https://cphoto.asiae.co.kr/listimglink/1/2023091807340578768_1694990044.png)

