"The 'Accidental Continent' Foldable is Still... China Pulls Back [3-Minute Brief]"

[At a Glance]
① Government's Economic Assessment of 'Domestic Demand Recovery' Disappears After 7 Months
② South Korea Tops US Investment...High Alert Over Trump's IRA Abolition
③ US Re-designates South Korea as 'Currency Watchlist Country' After 1 Year

MARKET INDEX : Year to date

- US New York Stock Exchange's three major indices plunged on Friday

- Strong desire to realize profits from the 'Trump Trade'

- Policy uncertainties in the second Trump administration

Top3 NEWS

■ Government's economic assessment of 'signs of domestic demand recovery' disappears after 7 months

- Recent Economic Trends (Greenbook) November issue
- Forecast to maintain a 'moderate' economic recovery
- Uncertainties in domestic and external conditions remain

■ Korean companies, top investors in the US, on high alert… "Trump to abolish IRA electric vehicle subsidies"

- Need to secure funds to fulfill tax cut promises
- Trump ally Musk supports subsidy abolition
- Korean companies that increased US investments inevitably face impact

■ US re-designates Korea as a 'Currency Monitoring Country'… first time in a year

- Korea was excluded last November
- China, Japan, Taiwan, Vietnam, etc.
- Due to trade and current account surpluses

Graphic News: Patent guarantees targeting materials, parts, and equipment "If a super small supplier files a lawsuit, manufacturers ignore it"

- Patent guarantees disadvantage materials, parts, and equipment companies… supply cannot resume even if they win

- "All responsibility falls on suppliers if problems arise, threatening business survival"

- Difficulty in obtaining information due to dispute confidentiality… calls for government support

the Chart: "We can't make it like Samsung"… China withdraws from 'foldable phones'

- Foldable phones have low demand due to high prices and repair costs

- Reports that Infinix, Itel, and Tecno have halted production plans

- Industry leaders Samsung Electronics and Huawei expected to expand market share

Terms in the News: "'Dogecoin' is great"… Musk becomes Doge Minister

Dogecoin Meme. Elon Musk X

- Dogecoin, named after the Shiba Inu dog photo, becomes the leading 'meme coin'

- Musk calls it "my favorite cryptocurrency"… experiencing repeated sharp fluctuations

- Musk appointed as Minister of the US Government Efficiency Department (DOGE)… Dogecoin surges

Today's Key Schedule

○Domestic

18th: KOSDAQ Eskem listing, offering price 10,000 KRW

18th: KOSDAQ MOT listing, offering price 10,000 KRW

18th: KOSPI KB Balhae Infrastructure subscription, offering price 8,400 KRW

18th: KOSDAQ DB Financial SPAC No.13 subscription, offering price 2,000 KRW

○Overseas

08:50 Japan September core machinery orders

19:00 Eurozone September trade balance

22:30 Canada October housing starts

◇Lunch & Commute Weather

○ Lowest temperature -2℃(▼8℃)｜Highest temperature: 6℃(▼4℃)
○ Precipitation probability: 40% in the morning｜30% 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.