"Korea Has 343 Corporate Regulations and 6,000 Economic Penalties" [3-Minute Brief]

[At a Glance]
① 'Corporate Growth Forum' launched by Korea Chamber of Commerce and others
② Trump: "If tariff lawsuit is lost, America will become poor, trade deals with other countries must be reversed"
③ Lee Chanjin, Governor of the Financial Supervisory Service, meets with savings bank CEOs

MARKET INDEX : Year to date

○ All three major U.S. stock indexes closed higher in New York... August ADP private employment slashed in half

○ Weekly initial jobless claims hit highest level since June

○ Rate cut momentum builds... 48% probability of three cuts within the year

Top3 NEWS

■ "Korea has 343 corporate regulations and 6,000 economic penalties"... Chey Tae-won calls for a paradigm shift

○ Co-hosted by Korea Chamber of Commerce and Industry, Federation of Korean Industries, and Korea Federation of SMEs

○ Launch of 'Corporate Growth Forum' and push for institutional reform

○ Incentives for growth companies to drive expansion

■ Trump: "If I lose the tariff lawsuit, trade agreements with Korea and others could be voided"

○ "If we lose in the Supreme Court, America will become poor again"

○ Reconfirms global 'U.S. troop relocation' plans

○ Attention focused on potential impact on U.S. Forces Korea and others

■ Lee Chanjin, Governor of the Financial Supervisory Service, holds first meeting with savings bank CEOs... "Consumer protection is the top priority, reduce real estate risk"

○ Raised deposit protection limit... full commitment to consumer protection

○ Calls for strengthened security and internal controls against voice phishing and other threats

○ Urges improvement in soundness through provisions and reserves

Graphic News: Top 10 Groups Ready for Value-Up... Will They Trigger a Breakout from the Box?

○ With GS submitting its value-up disclosure, all top 10 groups are now participating

○ Large-cap companies with a market cap over 1 trillion won account for 61.7%, setting a benchmark

○ Stock prices expected to diverge depending on treasury stock disposal plans

the Chart: Massive funds flock to bank deposits despite low interest rates... Bank deposit and savings balances near 1,000 trillion won

○ August balances at 999 trillion won... up for two consecutive months

○ No major money movement despite rate cuts and higher deposit protection limits

○ Minimal difference in non-bank deposit rates... also affected by new high-interest fixed savings products

Today's Key Schedule

○Domestic

○Overseas

01:00 U.S. crude oil inventories

01:00 U.S. Cushing crude oil inventories

02:00 U.S. Atlanta Fed GDPnow (Q3)

05:30 U.S. Federal Reserve balance sheet

08:30 Japan household spending (YoY) (July)

15:00 Germany factory orders (MoM) (July)

18:00 Europe GDP (QoQ) (Q2)

21:30 U.S. average hourly earnings (MoM) (August)

21:30 U.S. nonfarm payrolls (August)

21:30 U.S. private nonfarm employment change (August)

21:30 U.S. unemployment rate (August)

◇ Lunch & Evening Commute Weather

○ Lowest temperature: 24℃ (▼1℃) ｜Highest temperature: 33℃ (▼2℃)


○ Precipitation probability: Morning 20%｜Afternoon 20%


○ Fine dust: Good in the morning｜Good in the afternoon

Three minutes is all you need: essential, cost-effective economic news. Published daily at 8:00 AM.