Why Only Japan Smiles Despite Decreased Beer Imports [3-Minute Brief]

Published 11 Dec.2024 08:00(KST)

Updated 19 Jan.2025 11:23(KST)

[At a Glance]
① Foreign Exchange Market Shaken by Martial Law Faction
② 'Big 5' Medical Residents Share Plummets from 40% to 5%
③ US Bitcoin ETF Sees $10 Billion Inflow

MARKET INDEX : Year to date

Why Only Japan Smiles Despite Decreased Beer Imports [3-Minute Brief]

○ US New York Stock Exchange's three major indices all declined

○ Heightened caution ahead of November CPI release

○ November construction sentiment index hits lowest in 6 months

Top3 NEWS

■ Foreign exchange market shaken by martial law wave... "Considering expanding forward exchange positions"

○ 'Foreign exchange supply and demand improvement plan' to be announced in December
○ Regulatory easing on forward exchange and LCR under review
○ First institutional improvement attempt since COVID-19

■ 'Big 5' resident doctors' proportion drops from 40% to 5%... total number of doctors decreases by over 30%

○ Sharp decline to less than 10% compared to previous years
○ Big 5 hospitals have 238 resident doctors
○ Total physician workforce decreased by 30%

■ After Trump's election, $10 billion net inflow into US Bitcoin ETFs

○ Coin ETFs like BlackRock and Fidelity
○ $9.9 billion net inflow since election day
○ Current total fund assets $113 billion

Graphic News: "I looked at T-map to understand the National Assembly structure"… Top navigation app company caught in martial law controversy

As a result of searching for the National Assembly Building using navigation applications. (From left) T map, Naver Map, Kakao Map apps. Screenshots from each app.

○ Holds 74% market share in domestic navigation application market

○ No significant difference compared to other navigation apps like Naver and Kakao

○ National Geographic Information Institute: "National Assembly map information is released with security processing"

the Chart: "Was it because of this?"… The secret behind Japanese beer's smile despite sluggish imported beer sales

○ Japanese beer maintains top position with quality and marketing weapons

○ Import volume up 33.1% year-on-year… 'Growing alone'

○ Chinese beer suffers continuous slump due to 'Japanese boycott movement's side effect'

Numbers in the News: KOSDAQ falls below 620 for the first time since the pandemic "Plummets"

Due to prolonged instability caused by the impeachment political turmoil, on the 9th, both the KOSPI and KOSDAQ in the domestic stock market fell sharply, hitting their lowest points of the year, and the won-dollar exchange rate rose to the 1,430 won level. Employees are working in the dealing room at the Euljiro Hana Bank headquarters in Seoul. Photo by Heo Young-han

○ Lowest in 4 years and 8 months… returns to COVID-19 pandemic levels

○ Massive withdrawal of individual investors amid political turmoil including martial law and failed impeachment motion

○ Volatile KRW-USD exchange rate "May rise to 1,500 won by May next year"

Today's Key Schedule

○Domestic

08:00 November unemployment rate

11th KOSDAQ Kiwoom No.11 SPAC listing, offering price 2,000 won

11th KOSDAQ Dukem Bio subscription, offering price 8,000 won

11th KOSDAQ Kiwoom No.10 SPAC subscription, offering price 2,000 won

11th KOSDAQ Shinhan No.14 SPAC subscription, offering price 2,000 won

Seoul Acro Ritz County

○Overseas

08:50 Japan Q4 Tankan Index

19:00 UK 10-year gilt auction

19:00 US OPEC monthly report

22:30 US November core Consumer Price Index

22:30 US November Consumer Price Index

23:45 Canada interest rate decision

◇Lunch & Commute Weather

○ Lowest temperature 0℃(▲2℃)｜Highest temperature: 7℃(0℃)
○ Precipitation probability 20% in the morning｜30% in the afternoon
○ Fine dust moderate in the morning｜moderate in the afternoon

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.