## News Summary for Today (January 7, 2025) **Economy/Securities:** The KOSPI closed at the 2488 level, continuing its upward trend backed by consecutive days of foreign investor buying. Fixed lending rates continue to dampen the housing market, and while foreign exchange reserves have increased, concerns over capital outflows remain if political uncertainty persists. **Society:** Mid-sized construction company Shindonga Construction has entered court receivership. Ahead of the Lunar New Year holidays, cabbage and radish prices have soared, and the government plans to stabilize prices through record-breaking supply of holiday goods and discount support. **Insurance:** Hyundai Marine and Fire Insurance and Hanwha General Insurance have respectively launched customized simplified health insurance and mild simplified health insurance for people with pre-existing conditions. **International:** Nvidia's stock price resumed its rally to all-time highs, surpassing $151. Rumors of changes in U.S. international tariff policy have led to a decline in dollar value and the appreciation of the Korean won, resulting in exchange rate fluctuations. **Real Estate:** The subscription market is expected to remain active this year, with intensifying loan competition for 'Olympic Park Foreon,' a reconstruction complex of the Dunsun Jugong Apartments.
