Today's News Briefing - December 30, 2024

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## Today's News Summary (December 30, 2024) * **Weakening Korean Won**: As the possibility of the USD/KRW exchange rate breaking through the 1,500 won mark grows, economic anxiety is rising. Political uncertainty, including the impeachment of Prime Minister Han Duck-soo and prospects for the Trump administration's launch, is seen as influencing the won's depreciation. * **Strengthened Preferences for Home Subscription by Birth-Rate Households**: Policies to address the low birth rate are set to be implemented, including expanding the proportion of special housing supply for newlyweds and providing additional opportunities for special housing preference after childbirth. * **Foreign Investors Sell South Korean Government Bonds**: Foreign investors have sold more than 17 trillion won in government bonds following the martial law declaration. Government bond values are declining amid political instability. * **Impeachment and Aviation Disaster Weigh on Travel and Airline Stocks**: Travel and airline-related stocks, which had hoped for year-end gains, have been hit hard by the impeachment controversy and the Jeju Air accident.

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