K-Battery, Will a Domino Shock Come? [3-Minute Brief]

[3-Min Brief 3-Second Summary]
①The Uncertain Outlook Shown by the 'Yanggeukjae Earnings Shock'
②POSCO, the World's First Steel Company to Experiment with a 4-Day Workweek
③The Secret Behind Lotte, a Major Corporation Recording a Birthrate of 2.05

MARKET INDEX : Year to date

- This week's stock market is expected to undergo a breathing pause
- Difficult to achieve a trend reversal beyond a technical rebound
- However, market supply and demand pressure seems to have passed its peak

Top3 NEWS

■ Even public officials with 700 million KRW side income... The era of 'Godmuwon' with 10,000 people

- Revealed from public officials' health insurance subscriber status data
- Over 10,000 people earn more than 20 million KRW annually in side income
- 12 public officials earn more than 680 million KRW

■ POSCO, the first steel company, is about to experiment with a 4-day workweek

- First introduction of a 4-day workweek experiment in the steel industry
- However, working hours are extended by 1 hour on weekdays
- Proposal from the labor union, well received among young employees

■ SK Battery fined in the US... Workers' health under scrutiny

- Korean battery companies entering the US face consecutive setbacks
- Fines are minor, serving as warning measures, but could become problematic later
- Exposure to nickel and others in the mixing process exceeded allowed limits

Graphic News: The secret behind Lotte's birth rate of 2.05

- Lotte Group's entire affiliates' employees had a birth rate of 2.05 in 2022

- Introduced automatic maternity leave for women and mandatory one-month paternity leave for men

- 100% compensation of ordinary wages during the first month of leave... Maintains 'Family-Friendly Certification'

the Chart: Anode Material Earnings Shock

- Battery material companies consecutively report poor earnings

- Cause is a sharp drop in raw material prices, also lowering delivery prices

- Domino effect feared on final battery cell prices

Terminology in the News: France's birth rate increase secret ‘PACS’

- France's registered cohabitation system ‘PACS’... introduced in 1999

- Cohabiting couples can receive legal protection even if they have children

- Equal benefits to marriage such as social security benefits and leave rights

Today's Key Schedule

○ Domestic

Gwangju Eodeungsan Jinari Chae River Field

○ Overseas
-10:15 People's Bank of China Loan Prime Rate

-13:00 Malaysia December Consumer Price Index

-17:00 Switzerland December M3 Money Supply

-17:30 Hong Kong December Consumer Price Index

◇ Lunch & Commute Weather

○ Lowest temperature -9℃(▼9℃) ｜ Highest temperature: 6℃(▼3℃)
○ Precipitation probability: Morning 60%｜Afternoon 20%
○ Fine dust: Morning Good｜Afternoon Good

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.