Homeplus, Sudden Rehabilitation Filing Sparks Ripple Effects [3-Minute Brief]

Published 06 Mar.2025 08:00(KST)

① Homeplus, Background of the First Workout Among Large Supermarkets
② US Hints at Compromise on Mexico and Canada Tariffs Just One Day After Tariff Bombardment
③ Korea Seeks Breakthrough in Trade War at TSMC

MARKET INDEX

Homeplus, Sudden Rehabilitation Filing Sparks Ripple Effects [3-Minute Brief]

○ US New York Stock Exchange's three major indices rise after three days

○ White House "One-month delay on Mexico and Canada auto tariffs"... Attention on additional tariff relief measures

○ February private employment increased by 77,000 jobs... lowest in 7 months

TOP 3 NEWS

■ The end of offline?… Homeplus, the first large supermarket to enter workout, background explained

○ Credit rating downgrade expected to cause difficulties in operating fund procurement
○ Homeplus side "Preemptive response to potential funding issues"
○ Labor union points out owner MBK's leveraged management problems

■ US hints at compromise on tariffs on Mexico and Canada just one day after tariff bombardment… Trade war fears amid 'madman-style' tariff spree

○ US Secretary of Commerce suggests tariff relief announcement around the 5th
○ "If rules are followed, relief measures will be considered"
○ Trump's reckless tariff spree

■ "Already approaching 60% yield, twice that of Samsung Electronics"… Visiting TSMC's hard-working '2nm sanctuary'

○ Visiting TSMC's new plant surpassing Samsung Electronics
○ Half of the 4 lines completed… six months of trial operation
○ Core equipment including EUV installation begins this month

Graphic News: "Is it time to buy a house now?"… Trading volume dropped but buying sentiment is stretching

○ Sentiment index turned upward this year

○ Supply and demand trend declining for 5 consecutive months

○ Nationwide apartment transaction volume also decreasing

the Chart: Last year's per capita national income $36,624… Surpassed Japan and Taiwan

○ Last year's per capita GNI $36,624… 1.2% increase from previous year

○ Stayed in the $36,000 range due to high exchange rate impact

○ Surpassed Japan and Taiwan's per capita national income for the second consecutive year

Money-Making Law

■ "Activist funds compared to small shareholders" … Law firms busy supporting shareholder meetings

○ Issues such as small shareholders exercising proposal rights and voting rights competition
○ Legal risks such as fines for delayed or non-held shareholder meetings
○ Publishing newsletters and providing customized consulting for companies

■ Spouse's inheritance share 'unconditionally 1.5' makes mothers sad

○ Statutory inheritance shares not reflecting the times… disputes increasing annually
○ Calls to revise spouse's share of 1.5 unchanged for 35 years
○ "Need to relax current regulations to expand spouse's contribution share"

■ Reviewing the Constitutional Court impeachment trial duration over the past 10 years

○ Trial concluded 73 days after the first preparatory hearing
○ If ruling is mid-month, about 90 days are required
○ Former President Park Geun-hye had the shortest duration at 91 days

Today's Key Schedule

○ Domestic

6th: Daejin Advanced Materials KOSDAQ listing, confirmed public offering price 9,000 KRW

6th: Seoul Guarantee Insurance KOSPI subscription, confirmed public offering price 26,000 KRW

6th: Hantech KOSPI subscription, expected public offering price 9,200 KRW~10,800 KRW

08:00 Consumer Price Index (YoY) (February)

○ Overseas

00:00 US ISM Non-Manufacturing Employment Index, Non-Manufacturing Purchasing Managers Index (February)

19:00 Europe European Union Leaders Summit

22:15 Europe Deposit Rate, Interest Rate Decision (March)

22:30 US Initial Jobless Claims

23:00 Europe European Central Bank Press Conference

◇ Lunch & Commute Weather

○ Lowest temperature 0℃(0℃) ｜ Highest temperature: 8℃(▲8℃)
○ Precipitation probability morning 0%｜afternoon 10%
○ Fine dust morning moderate｜afternoon moderate

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