"Chinese Landlords?"... Real Estate Market in Turmoil Amid Government Regulations [3-Minute Brief]

① Real estate market in turmoil due to government’s ultra-strong loan regulations
② Production and investment decline for two consecutive months in May
③ Uncertainty over Trump administration's extension of tariff suspension

MARKET INDEX

○S&P and Nasdaq hit all-time highs for the second consecutive day

○Canada resumes trade talks with the US after withdrawing digital tax

○Trump increases pressure ahead of reciprocal tariff suspension expiration

TOP 3 NEWS

■ "It's becoming impossible to buy a house" ... Surprise at 'Chinese buyers are fine' comment amid frustration

○Most major banks now accept non-face-to-face mortgage applications
○Chinese nationals account for 66.9% of foreign registrations for collective building purchases
○There are also claims of reverse discrimination, as Chinese buyers are exempt from lending regulations

■ Production and investment continued to decline in May... Government says "second supplementary budget will have a rapid effect" (comprehensive)

○Consumption remains flat... Positive sentiment factors in June
○Government expects "quick effect" from second supplementary budget
○Full-scale response to trade risks such as US tariffs

■ 'Fateful July' approaches... Trump tax cuts and reciprocal tariff suspension at a critical juncture

○Internal disagreements within the Republican Party signal difficulties ahead
○Reciprocal tariff suspension ends on July 8
○Extension is uncertain... Will market instability reignite?

Graphic News: It's not too late yet... 66.7% of experts say "rebound possible within five years"

○In-depth survey of 12 experts from industry, research institutes, and academia

○"The opportunity for a rebound has not disappeared... We must make painful efforts within five years"

○Urgent need for domestic demand recovery... Warning that "without structural reform, any rebound will be temporary"

Money-Making Law

■ "Imposing capital gains tax just 7 days after notice is a procedural violation; tax cancellation is justified"

○Capital gains tax imposed within a month after tax notice
○Lawsuit to cancel disposition due to procedural flaw
○Supreme Court: "Depriving the opportunity for due review is illegal unless there is a valid reason"
☞Read the article:  https://www.asiae.co.kr/article/2025063015545007264

■ If sales are recognized but expenses are denied without investigation

○"Cost of goods sold can be estimated through presumptive investigation"
○"Total denial contradicts common sense"
○Cancellation of corporate tax reassessment of 650.14 million KRW
☞Read the article:  https://www.asiae.co.kr/article/2025063016002149171

■ Father, son, and daughter entangled in 'Kolmar management dispute'... Star-studded legal representatives

○Taepyungyang, Haegwang, Shim Junbo... star-studded legal team
○Vice Chairman Yoon Sanghyun and CEO Yoon Yeowon file injunctions against each other as siblings
○Chairman Yoon Donghan: "Gift was premised on three-party management agreement"
☞Read the article:  https://www.asiae.co.kr/article/2025063016040270467

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

Today's Key Schedule

○Domestic

○International

18:00 Europe Consumer Price Index (YoY) (June)

19:40 Speech by European Central Bank (ECB) member Schnabel

22:30 Speech by Federal Reserve (FED) Chair Powell

23:00 ISM Manufacturing Purchasing Managers' Index (June)

23:00 US Department of Labor JOLTS (Job Openings and Labor Turnover Survey) (May)

◇Lunch & Evening Commute Weather

○Lowest temperature: 24℃ (0℃) ｜Highest temperature: 30℃ (▼1℃)
○Precipitation probability: 60% in the morning｜60% in the afternoon
○Fine dust: Good in the morning｜Moderate in the afternoon

All the essential, cost-effective economic news you need in three minutes. Published daily at 8:00 AM.