Annual Transaction Amount of 15 Million KRW... Neglected Data Exchange [3-Minute Brief]

[At a Glance]
① Caught red-handed... Kickback transactions in sales agency and trust company accounts
② The 2,000 trillion KRW aerospace market, SpaceX beneficiary stocks
③ Data Exchange, annual transaction amount only 15 million KRW

MARKET INDEX

○ US New York Stock Exchange's three major indices closed mixed
○ Investor sentiment weakened due to strong employment data last month
○ Expectations for Federal Reserve interest rate cuts also retreated

TOP 3 NEWS

■ "Trump will never let go of Korea... Cannot neglect Korean semiconductors"

○ Interview with Mark Pen, CEO of Stegwell Group in the US
○ Served close to Trump during 2019-2020
○ On tariff policy: "Selective tariffs applied to allied countries"

■ Caught red-handed... Kickback transactions in sales agency and trust company accounts

○ Reviewing the indictment of former employees of Korea Asset Trust
○ Received kickbacks from sales agencies and shared work
○ Experts point out government supervision blind spots

■ '2000 trillion' aerospace market... Beneficiary stocks of SpaceX

○ SpaceX valued at 514 trillion KRW
○ Rapid growth fueled by Trump
○ Focus on beneficiary stocks such as LG Energy Solution

the Chart : 'Neglected 'Data Exchange'... Annual transactions only '15 million KRW'

○ '5th year since launch' Financial Security Institute's Data Exchange ignored
○ Last year's data transaction amount was 15 million KRW... only 3 transactions
○ Industry urgently needs profitability in new data business, facing difficulties

Money-Making Law

■ Prosecutors in turmoil... Senior prosecutors resign one after another

○ Opposition's impeachment pressure and power reduction... fears of becoming a prosecution office
○ Signs of prosecutor incapacitation lead senior prosecutors to submit resignations
○ Young prosecutors also leaving due to pay cuts and uncertain future
☞ Read article: https://www.asiae.co.kr/article/lawtimes/2025011318054276576

■ The story behind advisory fees dropping from 3.4 billion to 570 million KRW

○ Legal advisory fees for inheritance property division case worth 150 billion KRW
○ Lawyer who demanded 10% of inheritance property as fee lost
○ Judgment found 20% of benefits obtained through trial reasonable
☞ Read article: https://www.asiae.co.kr/article/2025011318070493718

■ "Temporary workers performing same tasks deserve equal treatment"

○ "Illegal dispatch of in-house subcontractors... Recognized compensation claims against primary contractor for partner company employees"
○ "As partner company workers providing substantially the same labor
○ They have the right to receive the same wages and severance pay as primary contractor employees"
☞ Read article: https://www.asiae.co.kr/article/2025011318083707701

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

Term in the News: China's Industrial Keyword 'New Quality Productivity'

○ Economic term directly coined by President Xi Jinping
○ Emerging as a core keyword in China's industrial policy
○ Presumed purpose to emphasize manufacturing and technological self-reliance

Today's Key Schedule

○ Domestic

12:00 November M2 Money Supply

14th KOSDAQ Meatbox Global subscription, public offering price 19,000 KRW

14th KOSDAQ Yuanta No.17 SPAC subscription, public offering price 2,000 KRW

14th KOSDAQ Asterasis subscription, expected public offering price 4,000~4,600 KRW

Daegu The Palist Desiang

○ Overseas

04:00 US December Federal Budget Balance

08:50 Japan November Seasonally Adjusted Current Account Balance

09:30 Australia November Building Approvals

19:00 Eurozone ZEW Economic Sentiment Index

22:30 US December Producer Price Index

◇ Lunch & Commute Weather

○ Lowest temperature 1℃(▲5℃) ｜ Highest temperature: 6℃(0℃)
○ Precipitation probability morning 30%｜afternoon 20%
○ Fine dust morning moderate｜afternoon moderate

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

This content was produced with the assistance of AI translation services.