Everyone Saying "Apartment, Apartment"... Household Debt Nears 2,000 Trillion Won [3-Minute Brief]

[At a Glance]
① "Trump Trade Valid Until Mid-January Next Year"
② Group Photo at G20 Without Biden, Xi Jinping at Center
③ Insurers Raising Capital Amid Interest Rate Drops and Accounting Changes

MARKET INDEX : Year to date

- Ukraine fires long-range missiles at Russian mainland

- Nvidia surges 4.89% after earnings release on the 20th

- Government bond yields fall amid increased demand for safe-haven assets

Top3 NEWS

■ Household debt exceeds 1,900 trillion won in Q3, 'All-time high'

- Increase in mortgage loans due to rise in home sales
- Bank of Korea managing within nominal GDP growth rate
- Household debt growth expected to slow in Q4

■ "Trump trade validity period until mid-January next year"

- Shinhan Investment Corp. research report
- Earnings-driven leading stocks likely to be re-evaluated
- Subsequent moves depend on specific policy actions

■ Group photo at G20 without Biden... Xi Jinping at the center

- Joe Biden missed group photo
- Absent from Brazil G20 due to 'tardiness'
- Group photo centered on President Xi Jinping

Graphic News: LH Dongtan 2 New Town 'Comprehensive Hospital Construction Package Development Project'

- Package supply of medical facility land and mixed-use residential-commercial land... first project model in the new town

- Medical corporations operating general hospitals with at least 700 beds must participate

- LH expects improved access to medical services and attraction of related industries creating jobs

the Chart: Insurers raise capital amid 'interest rate decline' and 'accounting changes'

- Insurers raised 5.13 trillion won through subordinated bonds and hybrid capital securities

- Kyobo Life Insurance issued 700 billion won subordinated bonds for the first time in 19 years... highest this year

- Expected to increase further due to interest rate decline and financial authorities' improvement announcements

Terms in the News: Overtourism in Bukchon, solution is 'sustainable tourism'

Protest by Spanish citizens against overtourism. Photo by AFP Yonhap News

- Residents of tourist sites complain of discomfort and distress due to visitors exceeding capacity

- Tourism form prioritizing economic, social, environmental impacts and residents' lives and employment

- Pursuing sustainable tourism with 'residence first' approach... keywords are understanding, dispersion, and restraint

Today's Key Schedule

○Domestic

06:00 October Producer Price Index

20th KOSDAQ Daishin Balance No.19 SPAC listing, offering price 2,000 won

20th KOSDAQ Witz listing, offering price 6,400 won

Gyeonggi ePyeonhansesang Ilsan Mayfore (Complex 3)

Gyeonggi ePyeonhansesang Ilsan Mailfore (Complex 1)

Chungbuk Cheongju Technopolis Hildeheim The One (S3)

Chungbuk Cheongju Namju Daewon Cantaville De Ciel

Daejeon Dunsan Elif The Central

○Overseas

06:30 American Petroleum Institute Weekly Crude Oil Inventory

08:50 Japan October Trade Balance

10:15 People's Bank of China November Loan Prime Rate

16:00 UK October Consumer Price Index

22:00 Lagarde, President of the European Central Bank, speech

◇Lunch & Commute Weather

○ Lowest temperature 2℃(▲2℃)｜Highest temperature: 12℃(▲2℃)
○ Precipitation probability 30% in the morning｜40% 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.