📊 Morning Market Brief & News Summary

🔹 U.S. Market

• Mixed close as Trump-Musk clash and tax cut concerns unsettle investors.

🔹 Korea Treasury Bonds

• Yields mostly declined on foreign investor futures buying.

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📰 Key Headlines

• KOSPI hits intraday high — analysts see no overheating, predict 3700 this year. (Korea Economic Daily)
• Samsung bets on 6th-gen DRAM & HBM4 to lead semiconductor comeback. (Korea Economic Daily)
• Interest rate cuts expected within the year — massive inflows to bond funds. (Korea Economic Daily)
• Stock rotation by individual names, not sectors — look for hidden gems. (Korea Economic Daily)
• China market divergence: Hang Seng +20%, Shanghai flat. (Korea Economic Daily)
• Petrochemical & battery firms face credit shocks amid recession risk. (Maeil Business)
• EU steps in as U.S.-China exports fall — Korean exports rebound. (Maeil Business)
• Wall Street uncertain: 3 Fed cuts or a freeze? (Maeil Business)
• Despite FSC objection, Taekwang pushes ahead with 320B won EB issuance. (Maeil Business)
• Corporate law reforms push holding companies to record highs. (Maeil Business)
• Credit rules tighten: loans capped at annual income for borrowers with multiple debts. (Seoul Economic Daily)
• 24/7 investment: KakaoPay by day, US Circle by night. (Seoul Economic Daily)
• Retail rush into inverse ETFs despite market rally. (Seoul Economic Daily)
• Trump’s tax plan passes Senate — House hurdles remain. (Edaily)
• AI’s job threat: “Could we be replaced?” (Edaily)
• Trump warns Japan: no tariff grace period, suggests hike to 30–35%. (Money Today)
• Retail frenzy: chasing 10x gains in U.S. penny stocks. (Money Today)
• Powell strikes back: “Rates would’ve been lower without tariffs.” (Asia Economy)
• BoK’s caution amid rally: warns of rapid correction risk. (Financial News)
• Securities industry digitizes: 258 branches, 3,300 agents gone in 5 years. (ETNews)