Bank Delinquency Rate Hits 8-Year High... New Delinquencies Also Rise Due to Base Effect [3-Min Brief]

[At a Glance]
① "Both businesses and households worsen"... January bank loan delinquency rate at 0.53%
② Climate Central reveals causes of wildfires in Korea
③ Analysis suggests BYD could gain a competitive edge

MARKET INDEX : Year to date

○ KOSPI falls below 2,600 amid Trump's tariff spree... Weakness in automobile and semiconductor stocks
○ Mutual and item tariffs expected during the week... US stock market sees sell-off amid signs of stagflation
○ Short selling resumption and domestic political instability add uncertainty... "Market expected to rebound after bottoming out"

Top3 NEWS

■ Bank delinquency rates rise again... "Upward trend in delinquency rates expected to continue"

○ Financial Supervisory Service announces 'January domestic bank KRW loan delinquency rate'
○ KRW loan delinquency rate at end of January: 0.53%
○ Delinquency rates rise in both household and corporate loans

■ Global warming warms the Earth, causing massive wildfires

○ Korea's temperature up to 10 degrees higher than usual
○ Dry fallen leaves and plants increase wildfire damage
○ "A 1-degree rise in temperature increases wildfire damage by 14%"

■ Trump's automobile tariffs... Opportunity for BYD to 'surge ahead'

○ FT: "Western automakers will fall behind BYD"
○ BYD has a sales structure not reliant on the US market
○ Diversifying into emerging markets such as Africa

Graphic News: Coffee bean prices doubled in a year... Coffee prices to rise up to 25%

○ Arabica prices doubled due to climate and supply chain factors
○ Global coffee companies discuss price hikes
○ Roasters sigh deeply

the Chart: Power equipment stocks slump as MS pulls out... Data center bubble warning

○ Hit record highs on US Stargate news, then declined
○ Bubble concerns arise as MS halts data center expansion
○ Steady power demand raises hopes for earnings improvement

Today's Key Schedule

○Domestic

08:00 South Korea Retail Sales (MoM) (February)

○Overseas

10:30 China Manufacturing Purchasing Managers' Index (March)

21:00 Germany Consumer Price Index (MoM) (March)

22:45 Chicago Purchasing Managers' Index (March)

◇ Lunch & Commute Weather

○ Lowest temperature 0℃(▼3℃) ｜ Highest temperature: 13℃(▲1℃)
○ Precipitation probability: Morning 0%｜Afternoon 20%
○ Fine dust: Morning Moderate｜Afternoon Moderate

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