Business Intelligence Monitor 200127

[Markets]

•   Global: China virus fears spook U.S. shares, oil prices

※   Second U.S. case of Wuhan coronavirus confirmed

※   Gold, yen gain; U.S. 10-year yield falls below 1.7%

※   Oil prices drop more than 2%

※   European shares jump as positive PMI paints rosier picture

•   Metals: Copper posts steepest weekly drop since 2015 on virus fears

•   Grains: Soybean futures hit six-week low as China virus sparks selling

[Indicators]

•   인도 12월 소비자물가: Japan's December consumer inflation ticks up, but still short of BOJ's 2% target

•   유럽 12월 전기차 판매: Plug-In Electric Car Sales In Europe: Record December And 2019

•   유로존 1월 서비스업PMI: Eurozone makes weak start to year as services stall

•   영국 1월 PMI: Private sector confidence bounce points to stronger economy

•   미국 4분기 GDP Nowcasting: Jan 24, 2020: New York Fed Staff Nowcast

•   미국 1월 PMI: U.S. Business Activity Increases in Early 2020

[News]

•   WSJ: Pentagon Blocks Clampdown on Huawei Sales

•   WSJ: Refinancing Boom Fuels Mortgages to Postcrisis Record

•   WSJ: Apple Was Headed for a Slump. Then It Had One of the Biggest Surges Ever.

•   WSJ: Mnuchin Sees U.S. Trade Deal With U.K. This Year

•   WSJ: Climate Change—and Ideas for Tackling It—Dominated Davos

•   WSJ: New Warehouse Supply Projected to Exceed Demand Over Next Two Years

•   WSJ: Economy Week Ahead: Durable Goods, Inflation, Fed Policy

•   WSJ: Fed Officials Weigh New Recession-Fighting Tool: Capping Treasury Yields

•   WSJ: Deadly Infection Keeps Chinese Consumers From Spending

•   WSJ: Newsletter: Bottoming Out

•   NYT: Democrats Seek to Pre-empt Trump’s Defense in Impeachment Trial

•   NYT: Branding Trump a Danger, Democrats Cap the Case for His Removal

•   NYT: Trump Team, Opening Defense, Accuses Democrats of Plot to Subvert Election

•   NYT: Sanders Seizes Lead in Volatile Iowa Race, Times Poll Finds

•   NYT: China’s Omnivorous Markets Are in the Eye of a Lethal Outbreak Once Again

•   NYT: Iowa Caucuses Are Coming: Live Updates on a Big Sunday in the 2020 Race

•   NYT: In Coronavirus, a ‘Battle’ That Could Humble China’s Strongman

•   WP: China restricts travel for 35 million people to halt spread of deadly virus

•   WP: Chinese leader warns of ‘accelerating spread’ of deadly coronavirus

•   WP: Coronavirus surges across China; fourth U.S. case confirmed

•   FT: Davos 2020: US confronts rest of world over growth outlook

•   FT: EU seeks power to sanction UK over any breaches of Brexit deal | Financial Times

•   FT: The new coronavirus: is China moving quickly enough?

•   FT: UK set to approve limited 5G role for Huawei

•   FT: US threatens retaliation against EU over carbon tax

•   FT: Volvo warns on car line-up if UK splits from EU rules

•   FT: Salvini seeks to unseat Italian left in Emilia Romagna stronghold

•   FT: EU asks partners to treat UK as bloc member after Brexit

•   FT: Companies warn of huge black market in greenhouse gas

•   FT: Stress index sinks to new low as Fed sedates markets

•   FT: Brussels builds alliance to bypass US block on WTO judges

•   FT: Davos 2020: pessimistic sentiment grips business

•   FT: How will investors get to grips with the coronavirus threat?

•   FT: Democrats dream of Bolton bombshell in impeachment trial

•   FT: Putin hands new PM mandate to begin spending spree

•   Times: Britain will use high tariff threat to ramp up pressure in trade talks

•   Bloomberg: China Extends Holiday to Curb Virus, U.S. Confirms Five Cases

•   Bloomberg: Emerging Markets on Edge as Viral Outbreak Spreads from China

•   Bloomberg: Myanmar Says Western Rights Pressure May Push It Closer to China

•   Bloomberg: Thai Economy Faces Turbulence From China Ban on Group Tours

•   Bloomberg: These Nine BOE Policy Makers Will Decide Whether to Cut Rates

•   Bloomberg: Expect Fed to Hold Rates Steady While Big Ideas Swirl Outside

•   Bloomberg: ECB’s Newest Stimulus for Germany Is Love Bombing by Lagarde

•   Bloomberg: Trump Expands Aluminum, Steel Tariffs to Some Imported Products

•   Bloomberg: EU Widens Tariff Threat on Steel From China, Taiwan, Indonesia

•   Bloomberg: Libya’s Fragile Truce Clouded Further by Fresh Assaults

•   Bloomberg: Lagarde Warns Markets Not to Assume ECB Policy on Autopilot

•   Bloomberg: Fed Seen Holding Rates Steady, Ending Bill Purchases by June

•   Bloomberg: China Tour Ban Deals Blow to Japan’s Goal of 40 Million Visitors

•   Bloomberg: U.S. Rust-Belt Swing States Lost Manufacturing Jobs in 2019

•   Bloomberg: Coronavirus Update: How the Virus Is Affecting Global Business

•   Bloomberg: Modi’s Nationalism Masks a Bad Economy, Protesters Say

•   Bloomberg: Putin Decides Low-Growth Russia Could Use Help From Keynes

•   Reuters: Italy's center-left seen ahead of League in key local vote: exit poll - Reuters

•   Reuters: Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal - sources

•   Reuters: Exclusive: India likely to raise import duties on more than 50 items next week

•   Reuters: Explainer: What do we know about Trump's Mideast peace plan?

•   CNN: Will the coronavirus outbreak knock global growth?

•   CNN: Davos 2020 ends with division over how to tackle climate change

•   CNN: A man diagnosed with Wuhan coronavirus near Seattle is being treated largely by a robot

•   CNBC: How coronavirus is beginning to hit China's economy

•   CNBC: US-UK deal a priority for Trump, but food and health concerns remain

•   MarketWatch: The Dow is about to face its stiffest test in years

•   Fox Business: Record economy ratings as voters credit Trump: Fox News Poll

•   SCMP: 5 million left Wuhan before lockdown, mayor reveals, as 1,000 new cases expected

•   SCMP: Firms shutting doors, sending workers home as Wuhan outbreak worsens

•   SCMP: Explainer | The economic importance of China’s Lunar New Year

•   SCMP: Explainer | How coronavirus outbreak in ‘China’s thoroughfare’ could hit economy

•   SCMP: Hong Kong protesters, police clash over proposed use of housing block for quarantine

•   SCMP: China warned not to rush into creating rival to Facebook’s Libra

•   매경(P1): `우한 폐렴` 한국인 첫 환자…전세계 공포 확산

•   매경(P1): 美 "방위비 지연땐 주한미군 韓근로자 무급휴직"

•   매경(P1): 인천공항 검역 뚫렸다…우한폐렴 3번째 확진

•   매경: 3번째 확진자 6일간 몇명 만난지 몰라…정부, 긴급 모니터링

•   매경: "미중 무역합의 후 수출株 기대감…`우한폐렴` 진화 여부가 변수"

•   서경: CES에서 보는 배터리의 미래

•   조선: 정부, 3년만에 영국 원전 수출 재도전

•   조선비즈: 정부는 올해 노인일자리를 왜 13만개 더 늘렸을까

•   조선비즈: 짐 로저스 "韓 경제 미래 위해 주한미군 철수해야" 주장

•   IT조선: 미래 가게를 가보다…무인 편의점과 AI 제과점

•   연합: 日규제·전력수급계획·ESS 조사…설 이후 산적한 현안 풀까

•   연합: '우한 폐렴' 리스크 부각…경제성장률 영향 미치나

•   뉴스1: 또 탈원전…野 "폐기" 與 "선동 마라"…총선 겨눈다

•   뉴스1: 10개월간 치킨게임 LG-SK 배터리 戰…'조기패소 판결' 변곡점 코앞

•   데일리안: [원전별 핫이슈] 한울원전, ‘백지화’ 신한울 3‧4호기 고? 스톱?

•   데일리안: 두산인프라·현대건설기계, 中 부진 ‘고심’...美·인도서 해법 모색

•   프레시안: "2020년 이후 신규 석탄발전 승인은 없어야 한다"

•   이코노뉴스: 한국 '脫석탄' 하자면서 "해외에 석탄발전소 수출"…두산중공업, 현대건설, 한국중부발전 등 사업에 대출과 보증 형태 금융 제공

•   CEO스코어데일리: 두산중공업, 작년 9월 기준 이자보상배율 2년 동안 큰 변함없는 2.2배

•   글로벌경제: 로봇 시대, 국내 기업들 '미래 기술' 선점 박차

•   펜앤드마이크: 한국, 2017년 이후 3년만에 영국 정부 상대로 원전 수출 재도전 나서긴 했는데...

•   OilPrice.com: Increased New Well Productivity Helped US Shale Growth In 2019

•   CNET: Motorola Razr, Galaxy Z Flip, Fold 2: Foldable phones need strong screens and killer apps to succeed in 2020

•   Phone Arena: The Galaxy Fold's successor (not the Galaxy Z Flip) could debut before summer

•   Phone Arena: Samsung’s foldable Galaxy Z Flip clears last hurdle before its official launch

•   Inside EVs: Electrified Cars To Account For 90% Of Toyota Sales In Europe In 2025

•   Hannover Messe News: Kawasaki builds world’s first hydrogen carrier

•   Robotics & Automation News: Automotive manufacturers need digital transformation to survive disruption

•   Robotics Tomorrow: Are cobots inherently safe?

•   Dronelife: Hydrogen-fueled Drones Will Inspect U.S. Gas Pipeline

•   Nikkei Asian Review: Abe government slips to 48% approval in latest survey

•   Nikkei Asian Review: Australian coal mines ride self-driving wave

•   Nikkei Asian Review: Japan minister seeks review of coal-fired plant in Vietnam

•   Economic Times: US-China trade settlement: What's in it for India?

•   Economic Times: Fiscal deficit may widen to 3.8% for current financial year: Report

•   Economic Times: Smartphone growth slows to 7% in 2019: Counterpoint

•   Livemint: In FY20, India faces first fall in direct taxes in at least two decades: Report

•   Business Standard: Govt's fiscal woes likely to climb as gross spending to rise by 20%: Report

•   Business Standard: Budget 2020: Govt unlikely to offer relief in income tax, here's why

•   Business Standard: Slowing sales raise concern over level of inventories with companies

•   Hindustan Times: Budget 2020: Shaktikanta Das bats for more structural reforms to revive growth ahead of budget

•   Moscow Times: Russia-North Korea Trade Up Despite Sanctions, Reports Say

•   Jakarta Post: Indonesia to have four new smelters this year as mineral ore export ban nears

•   Viet Nam News: Reforms to be growth driver in 2020

•   Saudi Gazette: Non-oil sectors to boost Saudi economic growth in 2020

[Opinions]

•   Project Syndicate(Todd G. Buchholz): Crumbling Infrastructure – or Crumbling Cliché?

•   Project Syndicate(Jules Kortenhorst): Net-Zero at Davos

•   Project Syndicate(이종화): How to Prevent the Japanification of East Asia’s Economies

•   Project Syndicate(Arvind Subramanian, Josh Felman): The Next Big Development Challenge

•   FT(Rana Foroohar): A plot twist in Donald Trump’s US growth story

•   FT(Wolfgang Münchau): The ECB should ditch its inflation target

•   FT(Gavyn Davies): Signs of a global recovery in manufacturing

•   FT(Michael Mackenzie): The next bust may not come soon, but it will hurt

•   FT(Tim Harford): Climate change and the prisoner’s dilemma

•   WSJ(Kyle Peterson): Warren G. Biden Might Win in ’20

•   WSJ(Richard J. Shinder): The Davos Crowd Embraces Big Global Government

•   WSJ(Paul Wolfowitz, Max Frost): China’s Censorship Helps Spread the Virus

•   WSJ(Betsy McCaughey): U.S. Hospitals Aren’t Ready for the Coronavirus

•   NYT(David Brooks): Joe Biden Is Stronger Than You Think

•   NYT(Saad B. Omer): Is America Ready for Another Outbreak?

•   NYT(Bret Stephens): Anyone but Trump? Not So Fast

•   NYT(Richard Goldberg): Trump Has an Iran Strategy. This Is It.

•   NYT(Ariel Dorfman): The Challenge for Chile and the World

•   WP(Catherine Rampell): Trump’s Treasury secretary just admitted the tariff rationale is hogwash

•   WP(Kathleen Parker): The Clarence Thomas hearings are coming back to haunt Biden right before Iowa

•   Bloomberg(Mohamed A. El-Erian): China Virus Poses Longer-Term Economic Threat

•   Bloomberg(Liam Denning, Mark Gongloff): Oil Was Sick Even Before Coronavirus Hit

•   Bloomberg(John Authers): A Trillion-Dollar Paradox Stalks the Stock Market

•   Bloomberg(Julian Lee): Peak Permian Is Approaching Faster Than You Think

•   Bloomberg(Ferdinando Giugliano): Italy's Five Star Looks Close to Collapse

•   Bloomberg(Ramesh Ponnuru): Bernie Can Win. So Can His Revolution.

•   Bloomberg(James Stavridis): Venezuela’s Endgame Is Closer Than Maduro Thinks

•   Bloomberg(Satyajit Das): Prepare for Turbulence in Emerging Markets

•   Bloomberg(Clara Ferreira Marques): Vale Will Keep Paying for Its Dam Disasters

•   Bloomberg(Anjani Trivedi): A Few Thousand Teslas Won't Fix China's Problems

•   CNBC(Jake Novak): Trump's tax cut isn't to blame for Washington's rising deficits

•   CNBC(Frederick Kempe): The coronavirus joins tough list of 2020 tests for China's global leadership

•   CNN(Aisha Moodie-Mills): Impeachment will help Dems in November

•   Barron's(Sanjukta Paul): Can Bernie Sanders Save Capitalism? Antitrust Expert Weighs In.