Cabbage and Radish Prices Are Unstable... What Are the Government's Price Control Measures? [3-Minute Brief]

① Measures by the Ministry of Agriculture and Food for Stabilizing Cabbage and Radish Supply
② Rift in Transatlantic Relations Since the Launch of Trump’s Second Term
③ Bank of Korea's "Q4 2024 Industrial Loans by Deposit-Taking Institutions"

MARKET INDEX

○S&P500 fluctuates over 1% for the 6th consecutive day

○Bloomberg: "Investors at a crossroads, lacking confidence"

○Individual investor sentiment also appears significantly weakened

TOP 3 NEWS

■ Due to sharp rise in cabbage and radish prices… Government to release stockpiles to wholesale markets

○Supply of 2,600 tons of cabbage; radish supplied to large marts at about 70% of wholesale price
○Expansion of direct imports of cabbage and radish… Discount event support extended until the end of next month
○Purchases of cabbage and radish increased by 50%

■ "This is not the America of old" Europe turns to China to counter the US

○Rift in transatlantic relations since the start of Trump’s second term
○Strong US-Russia ties… Europe sees need for counterbalance
○Interests align with China as well

■ Industrial loans in Q4 last year hit lowest in 8 years…"Facility investments postponed due to Trump concerns"

○Shift to decrease in manufacturing loans and slowdown in service loan growth
○Industrial loans increased by KRW 72.6 trillion last year, up 3.8%
○Slightly below the 10-year pre-COVID average (5.4%)

Graphic News: Expansion of 'Director’s Duty of Loyalty'… Focus on Corporate Governance Improvement

○Amendment to the Commercial Act strengthening directors’ duty of loyalty approved by the Legislation and Judiciary Committee

○"Low-dividend companies likely to become targets of activist funds"

○"Even if bill passage is uncertain, corporate governance improvement trend is gaining momentum"

the Chart: SOOP, concerns over growth slowdown despite overseas expansion… Diverging views

○Stock price surged early last month on growth expectations from overseas expansion

○Growth slowdown in live streaming expected due to short-form trend

○Stock price down 34% compared to February 6

Today’s Key Schedule

○Domestic

KOSDAQ TXR Robotics expected IPO price: KRW 11,500~13,500

○Overseas

08:50 Japan Current Account Adjustment Balance (January)

16:00 Germany Industrial Production (MoM) (January)

19:00 Eurozone Finance Ministers Meeting

◇Lunch & Commute Weather

○ Lowest temperature 2℃(▲2℃) ｜ Highest temperature: 13℃(▲3℃)
○ Precipitation probability 10% in the morning｜0% in the afternoon
○ Fine dust Moderate in the morning｜Moderate in the afternoon

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