[3-Min Brief 3-Second Summary]
1. "Please start dawn delivery in my neighborhood too"
2. US removes South Korea from currency watchlist
3. WeWork, symbol of the sharing economy, files for bankruptcy

TOP 3 NEWS
[3-Minute Brief] Latest Edition of Dawn Delivery Service Area Map.jpg View original image

■ US Removes South Korea from Currency Watchlist
- South Korea and Switzerland excluded from watchlist; Vietnam newly included
- Total of six countries: China, Germany, Malaysia, Singapore, Taiwan, Vietnam
- Designated after evaluating macroeconomic and currency policies of 20 major trading partners
■ Seoul Apartments Flooded into Auctions Amid High Interest Rates
- October saw the highest number of apartment auctions in Seoul in over 7 years
- Winning bid rate fell below 30% for the first time in 4 months
- Increase in listings but repeated failures to sell causing backlog
■ Symbol of Collapsed Sharing Economy... 'WeWork' Files for Bankruptcy
- US office-sharing company WeWork collapses 13 years after founding
- Sparked sharing economy boom but fell due to poor management
- Expansion of remote work post-COVID-19 negatively impacted core business

MARKET INDEX
[3-Minute Brief] Latest Edition of Dawn Delivery Service Area Map.jpg View original image

- US three major indices rise... S&P 500 and Nasdaq see longest bull run in 2 years
- Tech stocks lead gains as US Treasury yields fall
- International oil prices drop over 4%, lowest since July



the Map : 'Kusegwon'

[3-Minute Brief] Latest Edition of Dawn Delivery Service Area Map.jpg View original image


- Status and intention survey on dawn delivery usage
- 8 out of 10 people want to use the service
- Korea Chamber of Commerce and Industry: "Consumer benefits are significant"



Graphic News: Will US Corporate Debt Bomb Explode?
[3-Minute Brief] Latest Edition of Dawn Delivery Service Area Map.jpg View original image


- Over $3 trillion in loans maturing within 5 years
- Default concerns grow amid liquidity crisis
- Moody's monitoring companies surge



Person in the News: Asia's Most Influential Woman, Lee Young-hee, President of Samsung Electronics
[3-Minute Brief] Latest Edition of Dawn Delivery Service Area Map.jpg View original image


- The only female president outside the founding family
- The only Korean selected
- Led the successful Galaxy marketing story



Today's Key Schedule

○ Domestic
- South Korea-Italy Summit Meeting
- Ecopro Materials IPO subscription / Offering price 36,200 KRW

- 09:00 Ministry of Trade, Industry and Energy, Public-Private Joint Export Expansion Meeting
- 09:00 Kakao Games Q3 Earnings Announcement
- 09:00 Ministry of SMEs and Startups, 'COMEUP 2023' Opening Ceremony (DDP)
- 10:30 Com2uS Q3 Earnings Announcement
- 14:40 Ministry of Science and ICT, Briefing on Measures to Reduce Communication Costs
- 15:00 SK Telecom Q3 Earnings Announcement (Online)
- 16:00 Com2uS Holdings Q3 Earnings Announcement


○ Overseas

- US Secretary of State Antony Blinken visits South Korea
- G7 Foreign Ministers Meeting held in Japan
- 16:00 Germany Consumer Price Index
- 19:00 Eurozone Finance Ministers Meeting
- 19:00 Eurozone Retail Sales
- 23:15 Federal Reserve Chair Jerome Powell Speech


◇ Lunch & Commute Weather
○ Lowest temperature 3℃ (0℃) | Highest temperature: 15℃(5℃)
○ Precipitation probability: Morning 0%|Afternoon 20%
○ Fine dust: Morning Good|Afternoon Good

[3-Minute Brief] Latest Edition of Dawn Delivery Service Area Map.jpg View original image

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.





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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing