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Industry

SpaceX IPO stirs U.S. luxury market as Rolex and private jet demand signs emerge

With SpaceX\'s initial public offering confirmed, U.S. markets for luxury homes, high-end watches and private jets are showing early reactions. CNBC reported that current and former employees cannot immediately cash out their stakes, but some are already making spending plans in anticipation of future liquidity. Realtors cite rising inquiries for upscale homes in Southern California and near Austin, Texas. Watch and private jet firms also report related inquiries.

Finance

NH Investment Securities recommends Shin Jae-wook and Bae Gwang-soo as next co-CEOs

NH Investment Securities recommended Shin Jae-wook, head of the real estate and infrastructure business division, and Bae Gwang-soo, head of the wealth management division, as candidates for its next chief executives. The nominations are part of a move from a sole CEO system to a co-CEO structure. The firm plans to seek board approval and hold an extraordinary shareholders meeting on June 30 to appoint the CEOs.

Finance

Supply chain reshuffle, tech rivalry deepen; call grows for more precise financial policy

Calls are growing to redefine the roles of policy finance and private finance and to change not only the scale of funding but also how it is allocated, as supply chain uncertainty and technology rivalry intensify. Speakers at a Seoul seminar said financial policy should be refined to support strategic industries, small manufacturers and early-stage innovators. They also cited the need to expand direct finance and venture capital, improve exit markets and strengthen expertise at financial institutions.