[3-Min Brief 3-Second Summary]
① Donghae Yeongilman Oil Field Drilling, Exempt from Preliminary Feasibility Study
② "Buy Mayongseong for Now" Panic Buying Again
③ Trump Running Mate: "EVs Are a Scam"
MARKET INDEX
- US New York Stock Exchange's three major indices all closed lower
- Investors took profits, leading to weakness in tech stocks
- US last week's new unemployment claims exceeded expectations
Top3 NEWS
■ 'Donghae Yeongilman Oil Field Drilling' Exempted from Preliminary Feasibility Study
- Judged on a per single drilling basis, not five times
- Project cost does not exceed preliminary feasibility study criteria
■ "Buy Mayongseong First" Spreading 'Panic Buying'
- September stress DSR level 2 also introduced
- Permitting indicators to gauge supply volume at bottom
■ Trump Running Mate Who Says "Electric Cars Are a Scam" Proposes 'Diesel Car Tax Credit'
- Introduced Drive America Act last year
- Oil company stocks rise… solar power stocks fall
Graphic News: Skyrocketing Coffee Bean Prices... The 'Inside Story' of Coffee Industry Unable to Raise Prices Even by '100 Won'
- Coffee bean price at $4583 per ton… highest level since 2022
- Cost burden increased but prices not raised to avoid losing customers
- High-end franchises like Starbucks have "no plans to raise prices"
the Chart: The Cooling 'Whiskey Craze'
- Increasing whiskey imports decline as consumer purchasing power decreases
- Total import value $118.36 million… down 11.2% year-on-year
- Analysis suggests consumer interest has shifted to other types of liquor
Term in the News: Czech Customized Korean Reactor 'APR1000'
- Korea selected as negotiation candidate for Czech new nuclear power plant construction project
- APR1000, a derivative model of APR1400… reduced facility capacity
- Customized development according to Czech demand for lower power usage
Today's Key Schedule
○ Domestic
- 19th KOSPI Sanil Electric subscription, public offering price 35,000 KRW
○ Overseas
- 05:30 Federal Reserve balance sheet
- 08:30 Japan June core Consumer Price Index
- 15:00 UK June retail sales
- 15:00 Germany June Producer Price Index
- 21:30 Canada May retail sales
◇ Lunch & Commute Weather
○ Precipitation probability morning 60%|afternoon 60%
○ Fine dust morning good|afternoon good
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.
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