Today's News - December 11

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## Today's News Summary **Economy:** Following the martial law crisis, the won-dollar exchange rate, which fell for the first time on a weekly trading basis, continues to hover in the 1400 won range, sustaining market uncertainty. KOSPI and KOSDAQ showed rebounds after the impeachment bill was withdrawn, but experts forecast that long-term recovery will be difficult. Individual investors continue to buy, while the government emphasizes efforts to stabilize the market. **Finance:** The savings bank industry, already facing difficulties from real estate project financing (PF) risks and concerns over household debt defaults, now faces additional challenges from the aftermath of the impeachment situation, raising concerns about potential liquidity crises. Financial authorities and the industry have activated emergency response systems to stabilize the market. **Other:** Ahead of China's decision on economic policy direction, President Xi Jinping expressed confidence in achieving economic growth targets. The Metal Workers Union staged a general strike on the 11th, demanding the resignation of President Yoon Suk-yeol, with concerns that operations at Hyundai Motor and Kia factories may be halted, leading to worries about production declines. **News Terms:** "DONDA" is a new term referring to five companies garnering attention in the artificial intelligence (AI) and semiconductor sectors.

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