Korea's Economic Growth Rate Forecast at 0.8%... "Set Priorities for Structural Reform" [3-Minute Brief]

[At a Glance]
1. Lee Changyong urges new administration to actively pursue structural reform
2. Economic downturn leads to sharp increase in non-performing loans among self-employed and real estate sectors
3. "Quantum-centric supercomputing era is coming... Public, private, and academic sectors must collaborate"

MARKET INDEX : Year to date

○ Wholesale Price Index (PPI) rose only 0.1% in May

○ Oracle surged 13.3% on strong earnings, while Boeing dropped 4.8%

○ Trade uncertainty limited the gains

Top3 NEWS

■ Lee Changyong advises new administration: "Clarify priorities for structural reform... 'Political leadership' needed"

○ Lee Changyong: "This year's economic growth rate at 0.8%, situation is grave"

○ Economic stimulus measures are urgent, but efforts for structural reform are also necessary

○ A regulatory framework is needed to ensure that won-denominated stablecoins do not bypass foreign exchange market regulations

■ Gangnam 'hot place', but... Real estate loans decrease for the 'first' time in 12 years

○ Economic downturn hits hard, leading to an increase in non-performing loans among self-employed and real estate businesses

○ Banks' non-performing loans (NPLs) have surged significantly

○ Domestic demand-driven sectors such as real estate, wholesale and retail, and services are leading the trend

■ "Quantum computing to revolutionize materials and new drugs within 5 years"

○ "Software and algorithms will determine the success or failure of the quantum industry"

○ Korea has abundant talent and technological prowess

○ Government's preemptive investment is crucial; public, private, and academic sectors must work together"

Graphic News: KOSPI responds to 'Lee-nomics'... Will it shed its 'eternal boxpi' stigma?

○ KOSPI breaks through the 2,900 mark for the first time in 3 years and 5 months

○ President Lee visits the exchange, expresses determination for 'Five Thousand Points'

○ External variables persist; attention on tariff negotiation outcomes

the Chart: 20 trillion won supplementary budget... Will it boost the economy or increase national debt risk?

○ Government to finance supplementary budget with deficit bonds

○ Concerns over national debt surpassing 1,300 trillion won

○ Hopes for increased tax revenue through economic recovery

Today's Key Schedule

○Domestic

○International

01:00 US WASDE report

02:00 US 30-year Treasury bond auction

15:00 Germany Consumer Price Index (MoM) (May)

18:00 Europe Industrial Production (MoM) (April)

23:00 US University of Michigan Inflation Expectations (June), Michigan 5-Year Inflation Outlook (June)

◇ Lunch & Evening Commute Weather

○ Lowest temperature 17℃ (▲16℃) | Highest temperature: 28℃ (▲30℃)
○ Precipitation probability: morning 0% | afternoon 30%
○ Fine dust: normal in the morning | normal in the afternoon

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