Bitcoin Surge Sparks Celebration Here [3-Minute Brief]

Published 15 Nov.2024 08:00(KST)

Updated 19 Jan.2025 11:20(KST)

[At a Glance]
① SSG.com Relief Pitcher... 30% Stake Investor Replaced
② US Aircraft Manufacturer Boeing to Lay Off 17,000 Workers
③ Fox Next to Factory... Europe's Largest Industrial Complex with 40% Green Space

MARKET INDEX : Year to date

Bitcoin Surge Sparks Celebration Here [3-Minute Brief]

- US New York stock market's three major indices all declined

- Trump rally subsides... Powell's remarks 'pour cold water'

- US 2-year Treasury yield approaches long-term bonds

Top3 NEWS

■ Average annual salary 130 million KRW... This place throws a money party amid Bitcoin surge

- Virtual asset market booming after US presidential election
- Dunamu employees' average salary 133.73 million KRW
- Assets expected to surge with Bitcoin price increase

■ SSG.com’s savior 'financial corps'... Replacing 30% equity investor

- New investor Olympus Jeilcha (SPC) signs shareholder agreement
- Amount 1.15 trillion KRW, acquiring 30% equity held by existing FI
- Financial investor replacement to be completed, scheduled for the 26th

■ Boeing initiates layoff procedures... About 17,000 employees

- Equivalent to 10% of total employees
- Layoff notices to be delivered starting this week
- Production delays and strikes worsen the situation

Graphic News: Fox in the factory forest... Europe’s largest industrial complex with over 40% green space ratio

- 'Europe's largest site' Rexum Industrial Complex houses about 340 companies and employs 10,000 people

- Approximately 40% green space overall... Over 1,000 species of wild flora and fauna inhabit

- Great help to economic and welfare improvement "Regret not acting sooner"

the Chart: Corporate tax down, government spending up... Government deficit 91.5 trillion KRW

- 'Monthly Fiscal Trend November issue', total revenue increased through fund income and non-tax revenue

- Corporate tax sharply decreased due to worsening corporate performance... VAT and income tax increased

- Fiscal deterioration leads to management fiscal balance deficit of 91.5 trillion KRW... Third largest ever

Terms in the News: Y2K surpassed, 'Y3K' coming in the 3000s

Girl group aespa. Official Instagram of aespa.

- Future-oriented style in the 3000s... Core is a sci-fi concept

- aespa AI worldview, fusion fashion show 'Y3K Kore', Zendaya cyborg look, etc.

- Expresses a sense of future rather than anxiety... Blurs boundary between reality and virtual, reflecting advanced technology

Today's Key Schedule

○Domestic

15th KOSDAQ Shinhan No.15 SPAC listing, offering price 2,000 KRW

○Overseas

01:00 US crude oil inventory

03:00 Bailey, Governor of Bank of England, speech

04:00 Lagarde, President of European Central Bank, speech

05:00 Powell, Fed Chair, speech

08:50 Japan Q3 GDP

11:00 China October unemployment rate

16:00 UK Q3 GDP

22:30 US October retail sales

◇Lunch & Commute Weather

○ Lowest temperature 13℃(▲1℃) ｜Highest temperature: 21℃(▲3℃)
○ Precipitation probability morning 40%｜afternoon 30%
○ Fine dust morning moderate｜afternoon moderate

3 minutes is OK, essential time - cost-effective economic news. Published daily at 8 AM.