[3-Min Brief] Entertainment Stocks Stumble Amid Celebrity Drug Scandal

[3-Min Brief 3-Second Summary]
Even G-Dragon... Entertainment Stocks Plunge Amid 'Drug Scandal'
Bitcoin Surges Despite Nasdaq Slump, Decoupling Trend
MS Bets on AI, Operating Profit Hits 42% of Revenue

TOP 3 NEWS

■ From Lee Sun-kyun to G-Dragon... Entertainment Stocks Plunge Amid Drug Scandals

- G-Dragon booked on drug charges following Lee Sun-kyun
- Entertainment stocks like YG, HYBE, JYP all fall sharply
- Investor sentiment worsens due to consecutive celebrity drug risks

■ 27% of National Pension Subscribers Receive Less Than 200,000 KRW Monthly

- 27% of subscribers have less than 10 years of contribution
- Do not meet minimum payout period... average payout '190,000 KRW'
- 90% of elderly aged 65+ receive about 600,000 KRW monthly pension

■ Hyundai Motor Q3 Operating Profit 3.8218 Trillion KRW... Largest Q3 Ever

- Hyundai sold over 1.04 million units globally in Q3
- Sales increase centered on SUVs including the fully redesigned Santa Fe
- Eco-friendly vehicle sales up 33.3%, with about 160,000 units sold

MARKET INDEX

- New York's three major indices closed lower amid concerns over big tech earnings including Meta

- US Q3 GDP exceeded expectations but heightened caution over high interest rates

- Federal Reserve (Fed) may maintain higher benchmark interest rates for longer

The Chart: Bitcoin and Nasdaq, Now Decoupling?

- Bitcoin surged 30% over the past month, contrasting Nasdaq's sluggishness

- Shows a pattern opposite to past synchronization

- Nasdaq more sensitive to US Treasury yield spikes than cryptocurrencies

Graphic News: 'Power of AI' - MS Operating Profit is 42% of Revenue

- Despite concerns over big tech cloud sluggishness, MS shines

- Growth thanks to Azure services integrated with AI and others

- Resulting in an astonishing 42% margin in Q3

Term in the News: 'Kimchi Day' Becomes a US Commemorative Day

- Every November 22, Kimchi Day established by Kimchi Industry Act

- Designated as a legal commemorative day at the US federal level

- To promote the kimchi industry and preserve and develop kimchi culture

Today's Key Schedule

○ Domestic

- 27th: KOSDAQ Qualitas Semiconductor listing, fixed public offering price 17,000 KRW

- 26~27th: KOSDAQ Sonics subscription, fixed public offering price 7,500 KRW

○ Overseas

- 08:30 Japan Consumer Price Index (October)

- 21:30 US Personal Consumption Expenditures Price Index

- 23:00 US University of Michigan Inflation Expectations

◇ Lunch & Commute Weather

○ Lowest temperature 8℃(▼7℃) ｜ Highest temperature: 20℃(▼1℃)
○ Precipitation probability 20% in the morning｜10% in the afternoon
○ Fine dust level Moderate in the morning｜Moderate in the afternoon

3 minutes is enough, essential time-efficient economic news. Published daily at 8 AM.

This content was produced with the assistance of AI translation services.