"From Billboard to the Oscars"... Global Media Amazed by 'Kedeheon' Phenomenon [3-Minute Brief]

[At a Glance]
① Kedeheon conquers Billboard... Netflix submits for Academy Best Original Song
② Heatwaves and heavy rains in July... Auto insurance loss ratio tops 90% for first time in 5 years
③ Bungaejangter to raise seller commission next month... '3.5% → 6%'

MARKET INDEX : Year to date

○Powell signals rate cut... New York stock market 'cheers'

○Fed Chair acknowledges 'downside risk to employment'

○Expectations for US monetary policy easing next month

Top3 NEWS

■ 'Kedeheon' draws global attention... Eyes set on Oscars after Billboard

○CNN anticipates it to become Netflix's most-watched original film ever

○AP: "Positive response as it succeeded with an original story"

○Ranked No.1 on Netflix in 98 countries... After North America on the 23rd, screenings in theaters in the UK and Australia

■ July auto insurance loss ratio exceeds 90%... Impact of heatwave, flooding, and overtreatment

○Loss ratio at four major non-life insurers reaches 92.1%, up 10.1 percentage points year-on-year

○3,874 vehicles flooded in one week last month... Losses amount to 38.862 billion won

○Chronic issue of overtreatment for minor injuries

■ Fee hike and forced expiration of benefits... Is Bungaejangter's deficit trap a trick?

○Sales commission to rise from 3.5% to 6% on the 17th of next month, introduction of Bungae Money

○What seemed like a 'benefit'... 2.5% refund disappears upon withdrawal

○Liabilities decrease, profits increase... Private equity fund exit strategy?

Graphic News: Solid performance of entertainment stocks despite increased market volatility

○Entertainment stocks up 10% when KOSPI and KOSDAQ fall

○"Reflects expectations for the end of the Korean Wave ban and 'Kedeheon effect'"

○Notable rise in 2Q operating profit

the Chart: Nomus finds opportunity in China, up 70% year-to-date

○Rose to 38,000 won, marking an all-time high since listing

○First half operating profit this year: 8.8 billion won, up 187% year-on-year

○Expectations for more large-scale K-pop concerts in China

Today's Key Schedule

○Domestic

KOSDAQ: Graphy listing, confirmed public offering price 15,000 won

○International

17:00 Germany Ifo Expectations Index (August)

21:00 US Building Permits (July)

23:00 US New Home Sales (July)

◇Lunch & Evening Weather

○Lowest temperature 25℃ (▲1℃) ｜Highest temperature: 32℃ (▼1℃)
○Chance of precipitation: 10% in the morning｜70% in the afternoon
○Fine dust: Good in the morning｜Good in the afternoon

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