South Korea Warns Weak Won Could Push Inflation Higher in 2025 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
UK cities need greener new builds – and more of them 
How a hybrid heating system could lower your bills and shrink your carbon footprint 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Use of AI in property valuation is on the rise – but we need greater transparency and trust 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Replacing stamp duty with a land tax could save home buyers big money. Here’s how 
Choices made nearly a century ago explain today’s housing crisis 
A ‘sponge city’ may be your home in 2050 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Interim housing isn't just a roof and four walls. Good design is key to getting people out of homelessness 
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
South Koreans’ appetite for nonfinancial assets such as real estate is still high compared to other major economies, although their stock investments increased during the pandemic.
As of 2019, financial assets account for 35.6 percent in the wealth of South Koreans was 35.6 percent, significantly lower than those in the US with 71.9 percent, Japan with 62.1 percent, the UK with 54.8 percent, and Australia with 43 percent, according to the Korea Financial Investment Association.
Among those relying the most on nonfinancial assets are the South Koreans at 64.4 percent, followed by Australians with 57 percent, the Japanese at 37.9 percent, and Americans with 28.1 percent.
A stock buying spree driven by small domestic investors during the pandemic-hit market last year dubbed the Donghak Ant Movement, helped South Koreans increase the volume of their stock investments.
The ratio rose by 4 percentage points from a year ago to 19.4 percent.
The number of financial assets compared to GDP in South Korea marked the lowest among the five countries with 235.9 percent, over 100 percent lower from Japan, with 339.1 percent.
While South Korea’s nominal GDP stood at 1,924.5 trillion won, its household wealth marked 4,539.4 trillion won last year.
