Housing Prices Rose Only in Seoul Metropolitan Area in First Half... Regional Economies Expected to Improve in Second Half [3-Minute Brief]

① "Housing prices surged only in the Seoul metropolitan area in the first half... Employment worsened only in Honam"
② "US and China expected to extend 'tariff truce' by 90 days at third trade talks"
③ Disclosure requirements for private equity funds to be strengthened to public fund level

MARKET INDEX

○ Dow down 0.14% ... S&P and Nasdaq up
○ US and EU reach trade agreement ... Discussion to extend tariff suspension with China
○ FOMC meeting on the 30th draws attention ... Series of economic indicator releases

TOP 3 NEWS

■ Bank of Korea: "Regional economies to improve in the second half ... Impact of supplementary budget execution and improved consumer sentiment"

○ Bank of Korea's July 'Regional Economic Report'
○ Regional economies in Honam, Daegyeong, Gangwon, and Jeju areas underperformed in the first half
○ Housing sales prices rose only in the Seoul metropolitan area 

■ "US and China expected to extend 'tariff truce' by an additional 90 days ... Possibility of summit-level agreement"

○ Positions confirmed rather than breakthrough ... "Symbolic agreement"
○ Preparatory stage before summit ... Will US and China meet at APEC?
○ "Will be able to identify details of the agreement"

■ "Private equity funds to be bundled like public funds?" ... Capital Markets Act revision ignores reality

○ Representative proposal of Capital Markets Act revision by lawmaker Min Byungdeok
○ Industry points out "lack of understanding of fund system"
○ Most private equity fund incidents stem from 'internal controls'

Graphic News: "No wonder everyone is eating it" 2100% jump ... Self-employed sector sees 256% sales increase in two years

○ Explosive growth in yogurt specialty stores
○ Linked to rising consumption of fermented dairy products
○ Solo growth in consumption among dairy product categories

Money-Making Law

■ 'Business succession required for gift tax reduction' clause in Restriction of Special Taxation Act ruled constitutional

○ Tax benefit excluded if business is not succeeded
○ Delegation by presidential decree also in line with the Constitution
○ Claim of violation of equality rights dismissed
☞Read more:  https://www.asiae.co.kr/article/lawtimes/2025072815314536981

■ Review underway to introduce designation and suspension system for 'law firms to watch out for'

○ Survey conducted on 'law firm to watch' designation system
○ Sharp increase in complaints, system introduction under review
○ Concerns raised about infringement on free market
☞Read more:  https://www.asiae.co.kr/article/lawtimes/2025072815350505359

■ Invested 500 million won and failed, but recovered 1.2 billion won? ... Industry reacts to ruling upholding 'stock purchase claim right'

○ CEO held responsible for stock buyback
○ Ruling recognizes founder's responsibility
○ Industry voices concern over "investment contraction"
☞Read more:  https://www.asiae.co.kr/article/lawtimes/2025072815441246202

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

Today's Key Schedule

○ Domestic

KOSDAQ: Protina listing, confirmed offering price 14,000 won

KOSDAQ: ITChem subscription, confirmed offering price 16,100 won

○ Overseas

01:00 US 5-year Treasury auction

16:00 Spain GDP (QoQ) (Q2)

19:00 France total job seekers (June)

23:00 US Department of Labor JOLTS (Job Openings and Labor Turnover Survey) (June)

◇ Lunch & After-work Weather

○ Lowest temperature 27°C (▼1°C) ｜ Highest temperature: 36°C (0°C)
○ Precipitation probability: morning 0% ｜ afternoon 0%
○ Fine dust: good in the morning ｜ moderate in the afternoon

3 minutes is all you need, essential time-saving economic news. Published daily at 8:00 AM.

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