Tesla-m Shook by Musk [3-Minute Brief]

[3-Min Brief 3-Second Summary]
① Tenant Rent Share at 70% Range
② China's Economic Sentiment Index 'Jumps'
③ Exports Recover for 6 Consecutive Months

MARKET INDEX

- US New York Stock Exchange's three major indices closed mixed
- Manufacturing business index shows unexpected expansion
- Focus on the employment report to be released on the 5th

Top3 NEWS

■ "The US and Japan can do it... Why can't prescription glasses be bought online?"

- Prescription glasses, classified as medical devices, sold only at optical shops
- Digital Economy Alliance appeals for deregulation
- Price reductions encouraged through online and offline competition

■ China's economy revives... Sentiment indicators soar and real estate sales jump

- Top 100 real estate companies' sales up 93%
- Manufacturing sector also shifts to expansion after six months
- Renewed expectations for China after post-zero COVID slump

■ March exports up 3.1%... Positive growth for six consecutive months

- Ministry of Industry announces March trade trends, exports up 3.1%
- Six months of export growth, trade surplus of $4.3 billion
- Semiconductor exports at $11.7 billion, highest in 21 months

Graphic News: The crisis man who shook 'Teslam'

- Elon Musk rises from 'icon of innovation' to 'owner risk'
- Tesla stock continues to decline... down 29.2% since the beginning of the year
- Decline due to fierce competition from Chinese electric vehicle makers

Money-Making Law

Photo by Beopryul Newspaper

■ A judge with 30 years of service earns less than a third-year lawyer

- 32 out of 68 court buildings are 'aged'
- Maintenance budget halved... effectively cut
- Seoul Central District Court unable to operate heating
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024040120182585942

■ Law firms focusing on 'relationship business' beyond legal services

- Korean law firms emphasize 'relationship business' due to fierce competition
- "Touching clients' emotions and gaining trust is important"
- Managing potential clients with customized presentation services available
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024040120204091205

■ "Levying property tax without land survey is not a clear defect"

- Property tax imposed without land status survey, no defect
- Jeju City imposed about 70 million KRW tax on Hanwha
- Supreme Court overturned lower court ruling partially in favor of plaintiff
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024040120224394922

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

Terms in the News: After Japan, Taiwan too... Spreading fear of 'Red Yeast Rice'

- Japan's Kobayashi Pharmaceutical 'Hongkuk (Red Yeast Rice)'
- Mold found in rice and other grains
- Used as medicine but has side effects such as liver damage

Today's Key Schedule

○ Domestic
- 08:00 March Consumer Price Index
- 2nd KOSDAQ Shinhan No.12 SPAC subscription, public offering price 2,000 KRW

○ Overseas
- 03:00 US Federal Reserve Bank of Atlanta Q1 GDPNow
- 09:30 Australia Monetary Policy Meeting Minutes
- 17:00 Eurozone March Manufacturing Purchasing Managers' Index
- 21:00 Germany March Consumer Price Index
- 23:00 US Department of Labor February JOLTs

◇ Lunch & Commute Weather

○ Lowest temperature 5℃(▼3℃) ｜ Highest temperature: 23℃(▲5℃)
○ Precipitation probability 10% in the morning｜10% in the afternoon
○ Fine dust level Moderate in the morning｜Moderate in the afternoon

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.