Foreign Investors Boost Samsung Group ETF 'Soars' [3-Minute Brief]

[At a Glance]
①LG, Selling Patents Without Employee Compensation, Loses Lawsuits Repeatedly
②Bank of Korea Governor: "Considering Trade-off Between Disinflation and Financial Stability"
③Kim Beom-su's First Prosecutor Summons, Kakao Faces Judicial Risk Tension

MARKET INDEX

- US New York Stock Exchange's three major indices closed mixed on the 9th
- Expectations for a rate cut in September rise following Chairman Powell's remarks
- Seoul office vacancy rate hits highest level since July last year

TOP 3 NEWS

■ LG Electronics loses repeatedly in lawsuits over unpaid employee compensation despite selling patented technology

- Lost two lawsuits claiming compensation for job-related inventions
- Sold 29 patented technologies developed
- Did not provide monetary compensation to developers

■ Bank of Korea Governor: Interest rate decisions consider trade-offs between disinflation and financial stability

- Governor Lee Chang-yong expects a future trend of disinflation
- Inflation is stabilizing but policies consider multiple variables
- Concerns include loan delinquency rates, rising housing prices, and household debt

■ Kim Beom-su's first prosecution summons... Tension over Kakao's legal risks

- First summons regarding SM Entertainment stock price manipulation allegations
- First in-person investigation since November last year
- Kakao executives undergoing comprehensive investigations

Graphic News: Overseas Traveler Insurance Continues to Innovate

- Post-pandemic first year, outbound travel demand expected to increase... Fresh travel insurance products rising
- Started by Kakao Pay Insurance... KB Insurance and others launch 'Welcome Home Bonus' services
- However, some services contradict basic insurance principles and face regulatory scrutiny

the Chart: Samsung Group ETF Soars on Foreign Investors' Love Call

- Samsung Group ETF recorded returns exceeding KOSPI this month
- Foreign buying concentrated on Samsung Group stocks, boosting ETF strength
- Samsung Electronics hits new highs... Expectations for group stock value-up

Terms in the News: France's 'Hung Parliament' Creates Foggy Political Situation

- A hung parliament means no party holds a majority in the parliamentary system
- Literally means 'dangling by a thread'... indicating unstable governance
- Without a majority party, the prime minister appointed by the president risks rejection by parliament

Today's Key Schedule

○ Domestic
- 08:00 June Unemployment Rate

○ Overseas
- 02:30 FOMC member Bowman speech
- 10:30 Australia May Building Approvals
- 10:30 China June Consumer Price Index
- 11:00 New Zealand Interest Rate Decision
- 20:00 Organization of the Petroleum Exporting Countries (OPEC) Monthly Report
- 23:00 Federal Reserve (FED) Chairman Powell Testimony
- 23:30 US Crude Oil Inventories

◇ Lunch & Commute Weather

○ Lowest temperature 23℃(0℃) ｜ Highest temperature: 31℃(▲5℃)
○ Precipitation probability: 60% in the morning｜90% 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.