Delay in PF Soft Landing... Extension of Financial Regulation Easing Measures [3-Minute Brief]

[At a Glance]
1. Real estate PF loan delinquency rate rises to 4.49% in Q1
2. Government begins adjustment of merchant fees for simple payment platforms
3. Delivery commissions now account for one-fourth of delivery platform sales

MARKET INDEX : Year to date

○ Trump reaffirms negative stance on extending tariff suspension

○ Warns "Japan tariffs to rise from 24% to 30-35%"

○ Powell says "Would have cut rates further if not for tariffs"

Top3 NEWS

■ Delinquency rate on PF loans in financial sector rises in Q1... Government says "No concern over sudden shock"

○ Temporary easing of financial regulations related to real estate PF extended
○ Decrease in loan balance due to cleanup of PF non-performing assets
○ "Outlook is that concerns over sudden shock will be resolved"

■ Yoon administration's adjustment to lower simple payment fee rates becoming reality... Fairness vs. infringement on management autonomy

○ Government grapples with encouraging voluntary adjustments to lower fees... Begins to strengthen disclosure system
○ Credit finance industry: "Suspicions of an opaque system, resolves fairness issues between sectors"
○ Fintech industry: "Infringement on management autonomy... Big tech remains unregulated, small and mid-sized companies are harmed"

■ "Nothing left after delivery fees and commissions"... One-fourth of sales now through delivery apps

○ "Delivery and brokerage commissions account for up to 30% of revenue"
○ Seoul city survey: one-fourth of delivery sales go to commissions
○ Politicians and industry discuss lowering commissions and win-win solutions

Graphic News: US pharmaceutical industry says "Unfair Korean drug prices should be used as leverage in trade negotiations"

○ 9 countries including Korea, Australia, and Canada

○ Unfair countries required to take corrective action

○ "Korea has complex and stringent evaluation procedures"

the Chart: Buldak's fierce run... Samyang Foods' overseas sales near 1 trillion won in H1

○ Q2 overseas sales expected to reach about 450 billion won

○ Likely to break all-time record

○ Coachella and Miryang Plant No.2 effects

Key Schedule for Today

○Domestic

08:00 Korea Consumer Price Index (MoM) (June)

○Overseas

05:30 US API Weekly Crude Oil Stock

10:30 Australia Building Approvals (MoM) (May)

21:15 US ADP Nonfarm Employment Change (June)

◇ Weather at lunchtime & after work

○ Lowest temperature 25°C (0°C) ｜Highest temperature: 31°C (▲1°C)
○ Precipitation probability: 30% in the morning | 30% in the afternoon
○ Fine dust: Moderate in the morning | Moderate in the afternoon

3 minutes is all you need: essential, cost-effective economic news. Published daily at 8 a.m.