166,000 More Employed in August... Record-High 330,000 in Their 30s Took a Break [3-Minute Brief]

[At a Glance]
① Number of people in their 30s 'taking a break from work' hits a record high of 328,000 in August
② Government forms a task force to drive super-innovation economy, including localization of LNG cargo holds
③ Aekyung Industrial acquired by Taekwang Industrial... Sale price drops from 600 billion to 400 billion won

MARKET INDEX

○ New York Stock Exchange: S&P and Nasdaq continue record-setting rallies

○ Wholesale price decline boosts expectations for three rate cuts within the year

○ International oil prices surge... Geopolitical tensions rise again

TOP 3 NEWS

■ Ongoing employment freeze in construction and manufacturing... Record-high number of people in their 30s taking a break from work

○ Number of employed people increased by 166,000 in August
○ Increase for 8 consecutive months, but growth is slowing
○ Construction and manufacturing have declined for 16 and 14 consecutive months, respectively

■ "Second place can't survive"... Full-scale launch of leading super-innovation economy projects

○ 'Plan for 15 Leading Super-Innovation Economy Projects'
○ Concrete results targeted by 2030
○ The next five years are the final golden time

■ From 600 billion to the 400 billion range... The inside story behind Aekyung Industrial's 'lower valuation'

○ Taekwang Industrial acquires Aekyung Industrial for the high 400 billion won range
○ Value discount due to poor performance, including an earnings shock in the first quarter
○ Bargaining power weakened as acquisition candidates dropped out

Graphic News: Gold ETFs thrive amid soaring gold prices

○ Gold ETFs rank among the top performers this month

○ Driven by gold prices hitting record highs day after day

○ Gold prices are expected to remain strong for the time being

Money-Making Law

■ Trying to comply with the Yellow Envelope Act but violating the Dispatch Act?

○ Negotiation table used as evidence of illegal dispatch
○ Some argue, "Autonomous bargaining and command authority are different"
○ Primary contractors should beware of 'disguised subcontracting'
☞Read the article:  https://www.asiae.co.kr/article/social-general/2025091015300169499

■ The lawyer who disappeared

○ Filed a constitutional petition after the deadline
○ Disappeared after receiving additional legal fees
○ Effectiveness of disciplinary action also questioned
☞Read the article:  https://www.asiae.co.kr/article/social-general/2025091015344421495

■ Dispute over timing of 50 billion won investment decision in Mezzion

○ Koo Yeonkyung of LG and Yoon Kwan of BRV
○ Third trial for violation of the Capital Markets Act
○ Suspicion of stock accumulation after investment decision
☞Read the article:  https://www.asiae.co.kr/article/social-general/2025091015363029448

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

Today's Key Schedule

○ Domestic

KOSDAQ S2W subscription, final public offering price set at 13,200 won

○ Overseas

02:00 US 10-year Treasury bond auction

02:00 US Atlanta Fed GDPNow (Q3)

08:50 Japan Business Survey Index for large manufacturers (Q3)

21:30 US Core Consumer Price Index (MoM) (August)

21:30 US Initial Jobless Claims

◇ Lunchtime & After-Work Weather

○ Lowest temperature: 20°C (0°C) ｜Highest temperature: 32°C (0°C)
○ Precipitation probability: 0% in the morning｜0% in the afternoon
○ Fine dust: Good in the morning｜Good in the afternoon

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