"Positive Factors Remain"... Tesla Rises Again [3-Minute Brief]

[3-Min Brief 3-Second Summary]
① Harder to Get Subsidies for Burning Electric Cars
② Top 5 Commercial Banks' Corporate Loans Concentrated on Large Corporations
③ 'Smart One House' Fuels Housing Price Polarization

MARKET INDEX : Year to date

- U.S. New York Stock Exchange closed on July 4th for Independence Day

Top3 NEWS

■ Burning electric vehicles, getting harder to receive subsidies

- Ministry of Environment "Will review electric vehicle subsidies"
- Plan to automate subsidies based on safety
- Consumer anxiety spreads due to battery fire in Hwaseong

■ Tesla surges another 6%, recovers early-year stock price... Wall Street says "Good news remains"

- Tesla continues strong stock performance, recovering to early-year levels
- Thanks to Q2 vehicle delivery results exceeding market expectations
- Wall Street: "Recognition as an AI player is key to further rise"

■ Top 5 banks' corporate loans show clear 'large corporation concentration'... up 16% this year

- Risk management and profitability lead to focus on large corporations
- Increased from 136 trillion KRW in December last year to 158 trillion KRW in June this year
- Financial authorities monitor corporate loan growth and rising delinquency rates

Graphic News: The 'Smart One Home' trend fuels housing price polarization

- Clear polarization of housing between Seoul and non-Seoul areas
- Increased preference for 'Smart One Home' apartments in Gangnam
- Transaction price volatility shows Gangnam 3 districts' outstanding rise

the Chart: 'K-Ramen craze' Q2 Big 3 sales 'booming'... Nongshim alone 'bitter smile'

- Thanks to the 'K-Ramen' craze... first half exports exceed $500 million
- Samyang Foods shows clear growth due to 'Buldak Bokkeum Myun' popularity
- Nongshim's operating profit decreases... 51.2 billion KRW, down 4.7%

Terms in the News: First Lady becomes 'Lady Mc-Biden' after U.S. presidential debate

- Calls for candidate replacement after first U.S. presidential debate
- Increased criticism toward First Lady Dr. Biden
- NYT: "Pursuing ambitions for herself and her husband"

Today's Key Schedule

○ Domestic
- 08:00 May Current Account Balance

○ Overseas
- 05:30 U.S. Federal Reserve Balance Sheet
- 08:30 Japan May Household Spending
- 15:00 Germany May Industrial Production
- 21:30 U.S. June Average Hourly Earnings
- 21:30 U.S. June Nonfarm Payrolls
- 21:30 U.S. June Unemployment Rate
- 21:30 Canada June Unemployment Rate

◇Lunch & Commute Weather

○ Lowest temperature 23℃(0℃) ｜Highest temperature: 27℃(▼3℃)
○ Precipitation probability 40% in the morning｜20% in the afternoon
○ Fine dust Good in the morning｜Good in the afternoon

3 minutes is OK, essential time-cost effective economic news. Published daily at 8 AM.