A Hearty Meal to a Burdensome One... The Transformation of Hamburgers [3-Minute Brief]

[At a Glance]
① Semiconductor and Shipbuilding Industries Brighten in Q3
② Stock Market Recovery Since Black Monday
③ Focus on ‘White Bio’ Amid Climate Crisis

MARKET INDEX

- US New York Stock Exchange's three major indices closed mixed
- Investors remain cautious ahead of July CPI announcement
- Home Depot, Walmart and others to announce earnings

TOP 3 NEWS

■ BOK: "Semiconductors, Shipbuilding, Cars Clear; Secondary Batteries, Steel Cloudy"

- Bank of Korea releases key industry monitoring report
- Semiconductor exports expected to maintain strong growth in Q3
- Impact of slowing electric vehicle demand... Secondary battery sector expected to underperform

■ Eased Fear Sentiment, Is It a Buying Opportunity?

- Market recovery since 'Black Monday' on the 5th
- However, investors are deeply considering strategies
- Uncertainties such as economic recession remain

■ Pension Funds and Mutual Aid Associations Invest in Credit Funds… 500 Billion KRW to be Allocated in Second Half

- Credit funds emerging as attractive alternative investment assets
- Stable investment strategy focused on limiting downside rather than high returns
- National Pension Service to invest 350 billion KRW, Military Mutual Aid Association 90 billion KRW

Graphic News: Price Increases Every 6 Months... Burgerflation Leader 'McDonald's'

- McDonald's has raised prices most frequently recently
- KFC single items increased the most, McDonald's sets also rose significantly
- Despite unavoidable hikes, operating profits surged

Money-Making Law

■ The Question Raised by the Olympics: 'What Is Gender?'

- Female boxer’s ‘XY’ chromosome issue
- Relaxation of gender correction requirements is an international trend
- Human rights and social safety remain challenges to solve
☞Read article: https://www.lawtimes.co.kr/news/200479

■ Why Are Lawyers Receiving Startling Mail?

- Content urging to file compensation lawsuits for power transmission lines
- Names and addresses verified via certified copies of real estate registers
- Potential violations of lawyer advertising regulations
☞Read article: https://www.lawtimes.co.kr/news/200462

■ [Ruling] Pharmaceutical Company Refund ‘Risk-Sharing Scheme’ Not Subject to Insurance Benefits

- No notification of non-refund does not constitute insurer’s breach of explanation duty
- Amount refunded under risk-sharing scheme is not actual cost borne
- Providing gains beyond compensation contradicts principles of indemnity insurance
☞Read article: https://www.lawtimes.co.kr/news/200469

※ 'Money-Making Law,' a content partnership corner between Asia Economy and Law Times, is published every Tuesday and Thursday.

Terms in the News: Technology That Makes the Earth White, 'White Bio'

- Replacing petrochemical industry with eco-friendly alternatives… Representative material is ‘bio-plastic’
- Global bio-plastic market expected to grow 34% over five years
- Global white bio industry market size projected to reach approximately 629 trillion KRW by 2027

Today's Key Schedule

○ Domestic

- 06:00 July export prices

- 13th: KOSDAQ Kyobo16 SPAC listing, offering price 2,000 KRW

- 13th: KOSDAQ M83 subscription, offering price 16,000 KRW

- 13th: KOSDAQ Encell subscription, offering price 15,300 KRW

- Gwangju Hillstate Gwangju Gonjiam Station

- Gyeonggi-do Yongin Prugio One Cluster (Phase 1)

- Seoul The Truel Magok HQ

- Gyeongnam Nammun Dongil Suite The Ocean (Phase 2)

- Gyeongnam Nammun Dongil Suite The Ocean (Phase 1)

○ Overseas

- 03:00 US July Federal Budget Balance
- 10:30 Australia Q2 Wage Price Index

- 15:00 UK June Unemployment Rate

- 18:00 Germany August ZEW Economic Sentiment Index

- 21:30 US July Producer Price Index

◇ Lunch & Commute Weather

○ Lowest temperature 28℃(▲2℃) ｜ Highest temperature: 35℃(▲1℃)
○ Precipitation probability: Morning 20%｜Afternoon 60%
○ Fine dust: Morning Good｜Afternoon Good

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