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Is the real estate crisis spreading into an economic downturn as the housing market in China’s major cities freezes amid a ‘transaction cliff’?

Is the real estate crisis spreading into an economic downturn as the housing market in China’s major cities freezes amid a ‘transaction cliff’?

Prices of built-up homes in 67 out of 70 major cities across the country fell from a year ago The recession is spreading to second-tier cities such as Nanjing, Shenyang, and Chongqing, and local areas are on the verge of population extinction The decline in the real estate market is expected to continue this year,…

Macy’s, which was struggling after being “lost by Amazon,” shows signs of selling and even carries out a large-scale restructuring

Macy’s, which was struggling after being “lost by Amazon,” shows signs of selling and even carries out a large-scale restructuring

Macy’s, America’s largest department store chain, lays off 3.5% of its employees Due to strong demand for acquisitions aimed at real estate profits, has the company decided to downsize before selling? Customers left after the pandemic, decline of the offline distribution industry As the dark cloud over the offline distribution industry deepens, the decline of…

“US consumption still strong” Frozen New York stock market, policy of March interest rate cut back?

“US consumption still strong” Frozen New York stock market, policy of March interest rate cut back?

On the 17th, the New York stock market fell all at once, and the 10-year U.S. Treasury yield reached its highest in five weeks Consumption indicators exceeded expectations and the influence of hawkish remarks by Federal Reserve members the previous day However, the probability of a March cut in the interest rate futures market is…

China’s BYD discontinues production of ‘pouch-type batteries’, taking advantage of the trend of form factor diversification?

China’s BYD discontinues production of ‘pouch-type batteries’, taking advantage of the trend of form factor diversification?

The battery installed in BYD hybrid vehicles is completely replaced with a square type The form factor with the highest percentage of use is square, but recently cylindrical is also attracting attention SK On, Samsung SDI, Volkswagen, etc. are making every effort to diversify their battery portfolio Chinese electric vehicle company BYD will stop producing…

Hyundai Motor Company sells its Chongqing, China plant at half price, going ‘all in’ with luxury strategy

Hyundai Motor Company sells its Chongqing, China plant at half price, going ‘all in’ with luxury strategy

Sale amount KRW 6,800 billion → KRW 2,990 billion Two operating factories, Beijing 2nd and 3rd factories, remain Market share in the 2% range, aiming for a turnaround through luxury Beijing Hyundai, Hyundai Motor Group’s Chinese joint venture, sold its Chongqing plant for approximately 3,000 billion won. This is the second Chinese factory sale following…

Lotte Chemical, covered in risks, is the ‘best M&A’ LCPL is also facing the ‘Nakdong River duck egg’

Lotte Chemical, covered in risks, is the ‘best M&A’ LCPL is also facing the ‘Nakdong River duck egg’

Plan to sell subsidiary in Pakistan falls through, Lotte Chemical risks ‘explode’ I dreamed of ‘business reorganization’, but the reality was not easy Lotte denies PF liquidity crisis, but it will be difficult to resolve the ‘risk’ Lotte Chemical’s plan to sell its Pakistani subsidiary, which carries out non-core businesses such as the production of…

Secondary battery-related stocks are all going downhill, but a rebound is unlikely due to the influence of Chinese batteries driven by price and performance

Secondary battery-related stocks are all going downhill, but a rebound is unlikely due to the influence of Chinese batteries driven by price and performance

LG Ensol’s target price continues to be lowered Secondary battery-related stocks all show ‘blue fire’ Korean battery global market share 6.5%p↓ Starting with LG Energy Solutions’ earnings shock, domestic secondary battery-related stocks began to decline one after another. While the securities market predicts that this trend will continue for the time being, they also put…

“Expectations for reconstruction are a thing of the past”, people worried about the ‘cold wave’ of real estate in Nowon-gu

“Expectations for reconstruction are a thing of the past”, people worried about the ‘cold wave’ of real estate in Nowon-gu

“I can’t find a buyer despite the low price,” the landlord sighs Government aims to revitalize the market with a fast-track reconstruction plan There is no discussion of huge contributions or tenant placement issues During the real estate surge, apartments in the Nowon-gu area of ​​Seoul, which enjoyed a boom by attracting a large number…

Taeyoung Construction’s workout start confirmed, is it the end or the beginning?

Taeyoung Construction’s workout start confirmed, is it the end or the beginning?

Due diligence of assets and liabilities for 3 months → Evaluation of company survival ability Will the PF lenders consultative body become an obstacle to rapid normalization? “Taeyoung is just the tip of the iceberg”, the risk of PF insolvency is at its peak The start of Taeyoung Construction’s corporate improvement work (workout) has been…

President Lee Chang-yong “Taeyoung Construction’s real estate PF insolvency crisis is unlikely to spread financial instability”

President Lee Chang-yong “Taeyoung Construction’s real estate PF insolvency crisis is unlikely to spread financial instability”

Governor Lee “The Bank of Korea is not in a position to take an active role in the real estate PF issue” However, the market is still concerned about Taeyoung’s real estate PF insolvency crisis In particular, there is a growing concern about the ‘secondary financial sector’, which is more vulnerable to crisis response Bank…

With the opening of the ‘Bitcoin spot ETF era’ and the rumor of ‘2 million won per unit’, what will change?

With the opening of the ‘Bitcoin spot ETF era’ and the rumor of ‘2 million won per unit’, what will change?

Markets welcome approval of U.S. Bitcoin spot ETF Bitcoin price surged by about 3% immediately after the approval was announced High price volatility and the possibility of crime remain concerns The approval of the Bitcoin spot exchange-traded fund (ETF), which is considered the biggest topic in the virtual asset market this year, has been decided. As…

U.S. Federal Reserve decides to end bank emergency lending program as scheduled “Is it to blame for banks using it as a means of selling interest?”

U.S. Federal Reserve decides to end bank emergency lending program as scheduled “Is it to blame for banks using it as a means of selling interest?”

US BTFP loan volume increased by more than 11% compared to mid-November last year It has also been pointed out that “interest trading is an essential strategy for the survival of banks whose profitability has deteriorated” There are many cases of public fund transfusion in the banking sector in Korea as well The U.S. central…

‘Bankruptcy applications’ surged in the U.S. last year, “If the timing of the interest rate cut is delayed, the increase is expected to continue this year”

‘Bankruptcy applications’ surged in the U.S. last year, “If the timing of the interest rate cut is delayed, the increase is expected to continue this year”

Last year, there were over 45 bankruptcies, and the number of applications for business restructuring also increased by 4,000% compared to the previous year Unicorn companies with a corporate value of more than $72 billion, such as WeWork and Bird, have also gone bankrupt Recently, expectations for interest rate cuts have been readjusted, and bankruptcy…

Supply dries up and monthly rent rises. What is the direction of the officetel market?

Supply dries up and monthly rent rises. What is the direction of the officetel market?

Officetel market slows down in earnest with both construction starts and transactions plummeting As supply decreases, monthly rents soar, young people who prefer officetels have nowhere to go The ‘link’ between price increases and supply expansion, market normalization expected within a few years The number of construction starts and occupancy for non-apartment buildings, including officetels,…

The Fair Trade Commission, once again holding its sword, initiates sanctions against the four major banks for alleged mortgage loan collusion

The Fair Trade Commission, once again holding its sword, initiates sanctions against the four major banks for alleged mortgage loan collusion

Fair Trade Commission “Shared transaction conditions between banks to block loan conditions that are advantageous to customers” The bank said, “Shared for risk management purposes, not to gain unfair profits.” There is once again no basis for suspicion of collusion in loan interest rates, and there are even criticisms that it is ‘pressure for general…

‘Taeyoung’, who avoided the crisis of a failed workout, implemented all self-rescue plans and even promised direct support

‘Taeyoung’, who avoided the crisis of a failed workout, implemented all self-rescue plans and even promised direct support

Taeyoung Industries sale proceeds completed, remaining self-rescue plans to be implemented as soon as possible Financial authorities: “With no public funds invested, we will prepare even if the workout is canceled.” The key is the domestic bond market trend and the recovery of the real estate market While Taeyoung Group decided to implement all four…

US ‘private employment’ was stronger than expected in December, attention paid to ‘CPI announcement’ due to shaky interest rate outlook

US ‘private employment’ was stronger than expected in December, attention paid to ‘CPI announcement’ due to shaky interest rate outlook

Non-agricultural employment increased by ‘12’ in December, exceeding market expectations ‘Bond interest rates’ rebound as weekly new unemployment benefit claims fall below expectations However, the outlook for a ‘base rate cut’ in the second quarter is still favorable In the United States, the growth in private employment in December was larger than expected, continuing the…

“IRA 폐기해야 한다” 트럼프의 전기차 시장 집중포격

“IRA 폐기해야 한다” 트럼프의 전기차 시장 집중포격

IRA 걸고 넘어지며 위기감 조성하는 트럼프, 전기차 업계 우려 가중 완성차 업체, 美 투자 단행한 토종 배터리 기업 등에 ‘직격탄’ IRA 사라지면 어디로 가나, 길 잃은 기업들 대안 모색 나서야 오는 11월 예정된 미국 대선이 글로벌 전기차 시장의 무시할 수 없는 골칫거리로 떠올랐다. 도널드 트럼프 전 미국 대통령이 재선에 성공해 인플레이션감축법(IRA)을 폐기할 경우, 미국 내…

中 노동이사제 카드에 기업들 ‘대략난감’, “공산당 ‘꼭두각시’ 전락 우려”

中 노동이사제 카드에 기업들 ‘대략난감’, “공산당 ‘꼭두각시’ 전락 우려”

中 회사법 개정안 단행, 노동이사제 도입 등이 골자 각종 부작용 속출하는 노동이사제, 독일서도 ‘축소’ 수순 외국계 기업 ‘갉아먹기’ 나선 中, 고심 깊어지는 기업들 중국 정부가 회사법 전면 개정을 단행하고 나섰다. 노동이사제 도입, 자본금 분납 제한 등이 골자다. 사실상 중국 공산당의 외국계 기업에 대한 통제력을 강화하겠단 의미다. 이에 중국에 진출한 한국 기업에도 ‘회사법 리스크’가 덮칠 전망이다….

티와이홀딩스의 굳건한 ‘SBS 지키기’, 태영건설 워크아웃은 뒷전인가

티와이홀딩스의 굳건한 ‘SBS 지키기’, 태영건설 워크아웃은 뒷전인가

태영인더스트리 팔아치운 태영 일가, 태영건설 아닌 티와이홀딩스 빚 갚았다? 외상매출채권담보대출 미상환한 태영건설, 워크아웃 개시 전부터 ‘삐걱’ 총력 기울여도 힘든 워크아웃 졸업, 채권단 “이대로는 안 된다” 태영건설의 지주회사 티와이홀딩스가 태영건설의 워크아웃(기업 재무구조 개선 작업)을 후순위로 미루고 있다는 분석이 제기됐다. 금융당국에 따르면 티와이홀딩스는 물류 기업 ‘태영인더스트리’ 매각 대금 일부를 자체 지주사 채무 보증 해소에 사용했다. 매각 대금을…