Fading Santa Rally... Can Dividends Be Relied On? [3-Minute Brief]

Published 03 Dec.2024 08:00(KST)

Updated 19 Jan.2025 11:22(KST)

[At a Glance]
①Who Are the 'Coin Investors' in Trump's Second Term?
②Warnings of Side Effects from Cryptocurrency Tax Deferral
③Lotte Group Crisis Rumor Investigation Requested

MARKET INDEX
Fading Santa Rally... Can Dividends Be Relied On? [3-Minute Brief] 원본보기 아이콘

○ US New York Stock Exchange's three major indices mixed on the first trading day of December
○ Pat Gelsinger, Intel CEO, resigns, stock price falls
○ Seoul office building transaction volume halved compared to previous month

TOP 3 NEWS
■ Up 40% in November alone... Who are the 'coin investors' in Trump's second term?
○ Bitcoin rose 38% in one month during the Trump rally
○ Cryptocurrency investors continuously appointed in the second cabinet
○ "The next administration is highly interested in the success of cryptocurrencies"
■ Cryptocurrency taxation postponed again... Experts say "It will cause side effects"
○ Democratic Party agrees to postpone for additional system improvements
○ Han Dong-hoon: "Cryptocurrency is a tool of hope for young people"
○ Only creates taxation blind spots... Compared with the US as well
■ Lotte requests investigation into false rumors about 'group crisis' creation and distribution
○ Requested punishment for defamation at Gangnam Police Station
○ Spread false rumors online related to payment deferral
○ "Current liquidity crisis rumors are groundless"
Graphic News: Santa Rally Fading, Should We Expect Dividend Futures?
Fading Santa Rally... Can Dividends Be Relied On? [3-Minute Brief] 원본보기 아이콘

○ KOSPI falls below 2500 again
○ "Year-end rally seems unlikely" forecast
○ Dividend stocks highlighted as an alternative for the year-end market

Money-Making Law
Fading Santa Rally... Can Dividends Be Relied On? [3-Minute Brief] 원본보기 아이콘
■ "The problem is the ruling punishing doctors who tried to save patients"
○ Concern over prolonged medical vacancies due to resident doctors' resignations
○ "Criminal punishment in healthcare worsens essential medical crisis"
○ Emphasis on improving medical appraisal and need for special legislation
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024120217445604479
■ "Island residents no longer need to travel to Seoul for trials..."
○ Hosting Incheon High Court is essential for judicial protection
○ "Difficult access to Seoul High Court causes significant harm to citizens"
○ Cross-party cooperation and one million signatures spread consensus
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024120217463515605
■ Election office leased without candidate's knowledge... Supreme Court rules "Not guilty of Political Funds Act violation"
○ Not a violation if candidate was unaware
○ Supreme Court confirms not guilty as conspiracy is not established
○ "Attempt to provide political funds alone is not punishable"
☞Read article: https://www.asiae.co.kr/article/lawtimes/2024120217482727507

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

Person in the News: The 'Big Tech Grim Reaper' Who Took on Google and Apple
Margrethe Vestager, European Union (EU) Executive Vice President for Competition. Photo by Yonhap News Agency

Margrethe Vestager, European Union (EU) Executive Vice President for Competition. Photo by Yonhap News Agency

원본보기 아이콘

○ EU's 'Big Tech Grim Reaper' Vestager steps down
○ Took a tough stance against Google and Apple, imposing fines
○ Led regulatory tightening, criticized for hindering technological growth

Today's Key Schedule

○Domestic

08:00 November Consumer Price Index

3rd: KOSDAQ Kiwoom No.11 SPAC subscription, public offering price 2,000 KRW

3rd: KOSDAQ KB No.31 SPAC subscription, public offering price 2,000 KRW


Seoul Hanshin The Hue High & Edu Foret

Incheon Inha University Station Prugio Edu Foret


○Overseas

00:00 US November ISM Manufacturing Purchasing Managers Index

09:01 UK November Retail Consortium Retail Sales

09:30 Australia Q3 Current Account Balance

16:30 Switzerland November Consumer Price Index

16:45 France October Government Budget Balance

17:00 Spain November Unemployment Rate Change

21:00 Brazil Q3 GDP

22:55 US Redbook Retail Sales Index

◇ Lunch & Commute Weather
○ Lowest temperature -4℃(▼10℃) ｜ Highest temperature: 4℃(▼9℃)
○ Precipitation probability: 60% in the morning｜20% in the afternoon
○ Fine dust: Good in the morning｜Good in the afternoon
Fading Santa Rally... Can Dividends Be Relied On? [3-Minute Brief] 원본보기 아이콘

3 minutes is enough, essential time-efficient economic news. Published daily at 8 AM.



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