Aftermath of Loan Regulation and Market Turmoil... Household Loans Jump Again [3-Minute Brief]

[At a Glance]
① Household mortgage loans up 1.5 trillion won, credit loans up 1 trillion won
② New purchases of U.S. soybeans and corn halted since January 16
③ "Economic activity expected to slow this summer"... U.S. Fed official warns

MARKET INDEX

○ Sharp declines triggered by 'Powell shock'... Accelerating 'Sell America' in stocks, dollars, and U.S. Treasuries

○ Trump pressures Powell again: "Lower rates immediately"

○ Safe-haven assets such as U.S. Treasuries and the dollar fall together

TOP 3 NEWS

■ Household loans up by 2.5 trillion won in April... Financial sector on edge over post-loan regulation fallout

○ Increase surpasses previous month's rise in just 13 business days
○ Credit loans also rise by more than 1 trillion won
○ Household loans expected to increase further due to phase 3 DSR and falling market interest rates 

■ China stopped buying U.S. soybeans even before Trump took office

○ Imports of chicken, cotton, and wheat also plummet... Nikkei: "Intended to hit Trump's support base"
○ Trump took preemptive action by pledging high tariffs on Chinese goods
○ U.S. agricultural sector sends letter to Trump: "Resume negotiations with China" 

■ "U.S. corporate inventory buildup ending"... Economic slowdown and inflation bomb ticking for this summer (comprehensive)

○ Austan Goolsbee, President of the Chicago Fed
○ "Economic activity to slow this summer as corporate inventory buildup ends"
○ Consumer prices could begin rising in earnest after June 

the Chart: "Buying over 10kg in Korea" Japanese tourist shopping surges 77-fold [Why&Next]

○ To bring Korean rice into Japan, an 'Export Plant Quarantine Certificate' is required
○ Volume of certificates issued jumps from 16kg to 1,250kg in one year
○ First-ever export of Korean rice to Japan achieved

Profitable Law

■ Private restructuring allowed from May

○ Pilot operation of pre-ARS system
○ Civil mediation before filing for rehabilitation procedures
○ Confidential negotiations with major creditors 
☞Read article: https://www.asiae.co.kr/article/2025042115064564561

■ Credit card loans repaid via apps are not fraud

○ Not considered 'deceptive conduct'
○ Key is intent or ability to repay
○ Indictment focuses on deception against people
☞Read article:  https://www.asiae.co.kr/article/2025042115104488939

■ Supreme Court takes first step in building 'judicial big data'... Using AI to analyze rulings and trial records

○ Commissioned study on statistical work innovation
○ Manual work reduces efficiency 
○ Use of AI for text mining and natural language processing
☞Read article:  https://www.asiae.co.kr/article/2025042115310208603

* 'Profitable Law,' a content partnership between Asia Economy and Law Times, is published every Tuesday and Thursday.

Today's Key Schedule

○ Domestic

○ Overseas 21:30 Canada Raw Material Price Index (MoM) (March)

23:00 Europe Speech by European Central Bank President Christine Lagarde

◇Lunch & Evening Commute Weather

○Lowest temperature 16℃(▲2℃) ｜Highest temperature: 18℃(▼8℃)
○ Precipitation probability: 70% in the morning ｜ 80% in the afternoon
○ Fine dust: Moderate in the morning ｜ Moderate in the afternoon

All you need in 3 minutes: essential, value-for-time economic news. Published daily at 8:00 AM.