Business Intelligence Monitor 200129

[Markets]

•   Global: Stocks rally in big rebound, safe-havens lose luster

※   Stocks surge after biggest daily loss since October

※   Gold prices fall, yen weakens as safe-haven appeal slips

※   Yield curve reinverts in potential recession warning

※   Safe-haven demand strong after risk assets sell off

※   Oil prices rise after five-day decline

•   한국: 코스피, 신종코로나 충격에 3%대 급락…2,180선 붕괴

•   한국: 코스피 공포지수 5개월만에 최고···"中 증시 개장땐 2차 충격"

•   한국: 두산솔루스, 동박·OLED 호조… 시총1兆 가나 : 네이버 뉴스

•   Metals: Copper extends losses as China virus death toll climbs

•   Grains: Soybeans, wheat drift lower; corn firms on strong exports

[Indicators]

•   영국 1월 소매판매: U.K. Retail Sales Stay Flat With No Sign of Imminent Pickup

•   미국 11월 케이스-실러 주택가격지수: Home Prices Continued to Climb in November

•   미국 12월 내구재수주: Durable-Goods Orders Rise, Masking Manufacturing Weakness

[News]

•   WSJ: Apple Posts Record Revenue on Strong iPhone, App Sales

•   WSJ: Officials See Low Risk of Extensive U.S. Coronavirus Infections

•   WSJ: U.S. National Debt Will Rise to 98% of GDP by 2030, CBO Projects

※   CBO: The Budget and Economic Outlook: 2020 to 2030

•   WSJ: Fed Faces Decisions on Its Balance Sheet

•   WSJ: European Banking Regulator Encourages Mergers to Boost Profits

•   WSJ: Outbreak Tests Faith in Global Economy

•   WSJ: Fed Adds $84.7 Billion in New Money to Markets, But Overall Liquidity Stable

•   WSJ: Newsletter: Boeing and the Economy, More Tariffs and Coronavirus Contagion

•   NYT: Bolton Revelations Anger Republicans, Fueling Push for Impeachment Witnesses

•   NYT: China’s Coronavirus Has Revived Global Economic Fears

•   NYT: Live Coverage: Republicans Huddle on Witnesses After Trump’s Defense Concludes

•   NYT: Bolton Revelations Anger Republicans, Fueling Push for Impeachment Witnesses - The New York Times

•   NYT: Trump Outlines Mideast Peace Plan That Strongly Favors Israel

•   NYT: Virus Crisis Exposes Cracks in China’s Facade of Unity

•   WP: White House works to contain damage from allegations in forthcoming Bolton book

•   FT: US attacks UK’s decision on Huawei

•   FT: EU citizens show their post-Brexit fears

•   FT: South Korea and Japan: will tensions flare?

•   FT: Abe nominates dovish economist to Bank of Japan

•   FT: Brexit: What happens after January 31

•   FT: Huawei decision jolts ‘special’ UK-US relationship at sensitive time

•   FT: Brexit: why fishing threatens to derail EU-UK talks

•   FT: Brexit ad blitz had little impact, says watchdog

•   FT: Spectre of stagflation looms over India and China

•   Bloomberg: Six Strategists on What’s Next for Markets as Virus Fears Spread

•   Bloomberg: Apple Supply Chain Braces for Disruption From Coronavirus

•   Bloomberg: The WTO Must Reform or Die

•   Bloomberg: The EU Risks Tariffs on €47 Billion Without a Brexit Trade Deal

•   Bloomberg: No End to Brexit Blight for Economy as Britain Leaves the EU

•   Bloomberg: Moody’s Says It’s Too Early to Assess South Africa’s Progress

•   Bloomberg: ECB Credibility Depends on Inflation Flexibility, Nowotny Says

•   Bloomberg: Fed Officials Shift Inflation Strategy Even Before Review Ends

•   Bloomberg: Virus Poses New Threat to Economy’s Fragile Stabilization

•   Bloomberg: Carney Has Traders in Suspense With Knife-Edge Last Meeting

•   Bloomberg: Tariffs and More Tariffs — They Aren’t Going Away in 2020

•   Bloomberg: Green Deal Law To Make EU’s ‘Tectonic’ Energy Shift Irreversible

•   Bloomberg: EU Prepares to Force Companies to Report More on Climate Change

•   Bloomberg: Germany’s Onshore Wind Industry Slump Set to Drag into 2020

•   Bloomberg: Where’s My Raise? The Mystery of ‘Full Employment’

•   Reuters: IMF sees medium-term risks to global economy; more easing not the answer

•   Reuters: OPEC aims to extend oil output cuts through June, alarmed by China virus

•   Reuters: Barclays sees $2/bbl impact to oil prices as virus fears threaten demand

•   Reuters: U.S. Middle East peace plan prompts some praise, much Arab anger

•   Reuters: Factbox: The new coronavirus - What is it and how does it behave?

•   CNBC: Coronavirus fallout could shock the global economy into recession, Stephen Roach warns

•   CNBC: Analyst: Markets are too complacent over 'Lehman-type' coronavirus risks

•   CNBC: Apple now has $207.06 billion in cash on hand, up slightly from last quarter

•   CNBC: Fed may soothe market fears about coronavirus with steady rate policy

•   Yahoo Finance: GE profits will suffer when Boeing’s 737 MAX returns, analyst explains

•   SCMP: China’s top 10 infrastructure projects for 2020 and beyond that will help boost its slowing economy

•   SCMP: Expected surge in Chinese company defaults will spur restructuring demand as funds gear up to swoop on distressed assets, says A&M advisor

•   SCMP: China will contain ‘demon’ outbreak, Xi says as death toll mounts

•   매경(P1): 우한서 온 中관광객 서울 면세점 활보

•   매경: 사스 뛰어넘은 `차이나 포비아`…中관광상품 일괄취소까지

•   매경(P1): "임원 추천사유 써내라" 올해 주총부터 의무화

•   매경: 임원 부실기업 경력도 공개하라는 정부…상장사 "해도 너무해"

•   매경: 스튜어드십코드 도입 기관 119곳…`반대표결` 비상

•   매경: 시행 3일전인데 가이드라인도 없어…"어디까지 공개해야 하나" 우왕좌왕

•   매경: [단독] LG전자, 전장사업 재편해 수익성 높인다

•   매경: 현대차 中판매 70만대 붕괴…신차로 승부수

•   한경(P1): 글로벌 기업 '우한 쇼크'…중국 탈출 행렬

•   한경(P1): 한전 적자 메우려 또 올리나…주택용보다 비싸진 산업현장 전기요금

•   한경(P1): 불황의 그늘…개인파산 12년 만에 증가

•   한경: 조선·자동차 '불황 직격탄'…창원·울산, 개인파산 두 자릿수 폭증

•   한경(P1): 작년 '하루 3개꼴' 규제 쏟아낸 정부

•   한경: '규제 샌드박스' 활용?…기업들 반응은 싸늘

•   한경: '5%룰 완화법'도 통과시킨 규제개혁委…기업은 "경영간섭 늘 것"

•   한경: 유통·관광업계 '비상'…면세점 고객 30~40% '뚝'

•   한경: "가계부채 빨간불…韓 금융불균형 키워"

※   한국은행: 금융 · 실물 연계를 고려한 금융불균형 수준 평가

•   한경: 두산솔루스 전지박 '두산의 대박'으로 키운다

※   헝가리 공장 생산 2배 늘리기로

•   한경: 지금보다 3배 빠른 5G 서비스, 5월 나온다

•   한경: 올해 서울아파트 입주 물량 2008년이후 최대

•   서경: 對中수출 비중 25% 달하는데...한국 올 2.4% 성장 '빨간불'

•   서경: '성장률 2%' 지키려다···적자 늪 빠진 통합재정수지

•   서경: 빠른 결정·피드백...'애자일 경영' 꽂힌 기업들

•   조선(P1): 4번 확진자 172명 접촉… 2차감염 비상

•   조선: 한은 "北 달러 보유량 급감… 연말 경제위기 올수도"

※   한국은행: 달러라이제이션이 확산된 북한경제에서 보유외화 감소가 물가·환율에 미치는 영향

•   조선비즈: "낡은 이름 바꾸자" 재계 사명변경 나선 이유는

•   조선비즈: 사스 때보다 8배 커진 中경제력, 그만큼 더 커진 세계경제 쇼크

•   인베스트조선: 증액 이어가며 '연초' 덕 보는 우량채…역시나 미지근한 비우량채

•   중앙: [팩트체크] 중국산 김치도 위험? 호흡기·점막으로 감염, 먹어도 돼

•   중앙: “페북 암호화폐는 성공 못해…디지털 위안화에 주목해야”

•   동아(P1): 30, 31일 우한에 전세기… 교민 700명 국내 이송

•   동아: 삼성-애플-LG, 중저가 스마트폰 전쟁

•   문화: 올봄 8만가구이상 분양한다… 작년의 2배

•   문화: 스마트폰 올 출하량 ‘역대 최고’ 전망

•   문화: 작년 ‘생산절벽’ 르노삼성·쌍용차, 올핸 ‘일감절벽’

•   세계: 해 넘긴 전력수급계획 언제 나오나

•   머니투데이: 우한 폐렴 대응에 '2조' 장전…추경 가능성도

•   머니투데이: 노노재팬 그렇게 해도…작년 무역적자 1위는 '일본'

•   머니투데이: 아이폰 출하 급증에 실적 상승세 탄 LG이노텍

•   헤럴드경제(P1): 예상못한 질병 돌출 악재…산업계 새해계획 차질 우려

•   헤럴드경제(P1): 삼성, 반도체 EUV 장비 4조 투자

•   헤럴드경제: 삼성전자 ‘초격차 전략’ 강화 포석…4兆 선제적 추가 투자

•   헤럴드경제: 신고가 아니면 급락 ‘극단의 부동산시장’

•   파이낸셜뉴스(P1): 기업 2곳 중 1곳만 "올 대졸 신입 채용"

•   아시아경제(P1): 전세자금대출 잔액 80兆 넘었다

•   아시아경제: '우한 리스크' 커진 韓기업, 직원 귀국·출장 금지…中사업 차질 우려

※   쑤저우시에 공장이 있는 두산밥캣도 현지 지방정부의 가이드라인에 따라 다음 달 8일까지 강제 휴가에 돌입

•   디지털타임스(P1): 잠재성장률 `2.7% → 2.5%`

•   연합: 대기업 임원 승진 20% 줄어…5년만에 최소 수준

•   뉴스토마토: 배터리사 4분기 실적, 'ESS 화재' 때문에 울상

•   데일리안: 배터리업계 중대 분수령…ESS 화재원인 발표‧ITC 조기판결 ‘임박’

•   이투데이: 나신평 “차부품·소매유통·디스플레이·생명보험 신용등급 방향 부정적”

※   NICE신용평가: 2019년 신용등급 변동현황 및 2020년 신용등급 방향성 - 하향우위 기조 중단기적 지속 전망

•   더벨: 두산건설, 유동화 자금 상환일정 '윤곽'

•   더벨: 분당시대 앞둔 두산건설, 논현동 사옥 복잡한 셈법

•   비즈니스포스트: 두산솔루스 목표주가 상향, “올레드와 전기차배터리 소재 공급 늘어”

•   스폐셜경제: 한전, 적자로 전기요금 할인 종료하더니 ‘해외 석탄발전소’ 추진…무리수 행보?

•   녹색경제: 흔들리는 중동 정세… 불안한 UAE 바라카 원전

•   reNews: Corporate clean energy PPAs 'soar 40%'

•   에너지데일리: '유럽그린딜' 입법동향 주시 및 대비책 마련 필요하다"

•   에너지데일리: 산업부, ""월성 포화시점 등 변수 고려, 종합 검토 중"

•   KHL: Bobcat brings R-Series loaders to SaMoTer

•   건설경제: “신한울 3ㆍ4호기 원전 건설 재개해야”

•   CNET: Price, screen, apps: Foldable phones must change if they're going to succeed

•   CNET: Galaxy Z Flip leak may reveal specs, images of Samsung's next folding phone

•   CNET: Galaxy S20, Z Flip, Galaxy Buds Plus: Everything we expect from Samsung Unpacked

•   전자신문(P1): 아직 이른 레벨3 자율주행···고속도로 안전구간 최대 53% 불과

•   전자신문: 제네시스도 전기차 전환 가속…500㎞ 달리는 'EV 버전' 나온다

•   전자신문: 中 신종 코로나, 반도체 최대 리스크 급부상

•   ZDNet Korea: 인텔 "CPU 수급난 해소 위해 8.6兆 쏘겠다"...위탁생산 가능성

•   ZDNet Korea: 삼성 스마트폰, 작년 4Q 印서 3위...1위 샤오미 - ZDNet korea

※   Counterpoint: India Surpassed the USA to Become the Second Largest Smartphone Market in the World Reaching 158 Million Shipments in 2019

•   Hannover Messe News: Additive manufacturing: Individual, climate-friendly production

•   Robotics & Automation News: Smart factory market to grow to $155 billion by 2025

•   Robotics Tomorrow: Trends in Industrial Robotics to Watch in 2020

•   Robot Report: Acoustic gripper lets robots manipulate objects without touching them

•   Japan Times: Auto tariffs to be key topic in Japan-U.K. trade talks after Brexit

•   Economic Times: ET Online survey: Is 5% growth the new normal for India? A lot hinges on this Budget

•   Business Standard: Budget 2020 likely to raise spending to revive economic growth: Report

•   Business Standard: Onion prices slip 40% in a week on increased supply across the country

•   Moscow Times: Most Russian Producers Receive Government Tax Breaks

•   Moscow Times: Russia’s Small Businesses Contribute Just 20% of Economy

•   Jakarta Post: Indonesia tourism, trade prone to Wuhan coronavirus impact

•   Jakarta Post: PLN to issue tradable renewable energy certificates to promote clean energy

•   Myanmar Times: Myanmar sets investment priorities for all states, regions in the country

[Opinions]

•   Project Syndicate(Frank-Jürgen Richter): The Power of AI in Emerging Markets

•   Project Syndicate(Jean Pisani-Ferry): Explaining the Triumph of Trump’s Economic Recklessness

•   Project Syndicate(Minxin Pei): The Coronavirus Is a Disease of Chinese Autocracy

•   Project Syndicate(Sławomir Sierakowski): The Twilight of EU Foreign Policy

•   FT(Martin Wolf): Britain after Brexit will not be alone, but it will be lonelier

•   FT(Victor Mallet): Paris protests follow the old pattern of left-right clashes

•   FT(Glenn Hutchins): What if economists are all wrong on productivity?

•   FT(Peter Cramer): Markets are much too complacent over inflation

•   WSJ(Walter Russell Mead): A Stronger Germany Could Save Europe

•   WSJ(Benny Avni): Arab Protesters Turn Away From the Tribe and Toward Nationalism

•   NYT(Paul Krugman): Greta Versus the Greedy Grifters

•   NYT(Michelle Goldberg): Bernie Could Win the Nomination. Should We Be Afraid?

•   NYT(David Quammen): We Made the Coronavirus Epidemic

•   NYT(Ivan Krastev): Vladimir Putin’s New Orchestra

•   WP(Jennifer Rubin): Bloomberg is a very good insurance policy for Democrats

•   WP(Jennifer Rubin): Republicans are trapped, thanks to Nancy Pelosi

•   WP(Paul Waldman): The Trump administration’s new Mideast ‘peace’ plan is absurd

•   WP(Josh Rogin): Trump and Congress tell Boris Johnson to stay away from China’s Huawei

•   WP(Charles Lane): Let’s celebrate slow economic growth

•   WP(Helaine Olen): What Sanders’s surge says about the Democratic establishment

•   WP(Megan McArdle): Modern technology is aiding the spread of the coronavirus, but also armoring us against it

•   Bloomberg(David Fickling): The Coronavirus Won’t Wreck the Commodities Market

•   Bloomberg(Tim Duy): Fed Surprise? Keep an Eye on Inflation Comments

•   Bloomberg(Brian Chappatta): The ‘Not QE’ Debate Looms Large Over Fed Decision

•   Bloomberg(John Authers): I Said Don’t Panic. I Didn’t Say Don’t Worry.

•   Bloomberg(Therese Raphael): Brexit and Huawei Show Boris Johnson's Limits

•   Bloomberg(Lionel Laurent): A Brutal Brexit Is Lose-Lose for the City of London and the EU

•   Bloomberg(Jonathan Bernstein): Four Big Things About the Democratic Race

•   Bloomberg(Eli Lake): Boris Johnson Is Jeopardizing the U.S.-U.K. Alliance for Huawei

•   Bloomberg(Tim Culpan): China’s Economy Is Different With This Virus Outbreak

•   Bloomberg(Mark Gongloff): Markets Have Good Reason to Sweat Coronavirus

•   Bloomberg(Daniel Gordis): How Mideast ‘Deal of the Century’ Plays in Two Elections

•   Bloomberg(Zev Chafets): Trump’s Israel Peace Deal Is Better Than Nothing

•   CNBC(Jake Novak): Trump's Israeli-Palestinian peace plan: 3 things to know

•   MarketWatch(Sam Bell): Which Judy Shelton will the Fed get? Gold standard advocate or Trump defender?

•   Reuters(Andy Home): Copper crashes as virus chills the China recovery story

•   한경(사설): '탈(脫)원전' 넘어 '원전 파괴'로 치닫는 조치 멈춰야

•   한경(주한규): 脫원전 공론화, 제대로 해야

•   이데일리(김형욱): 월성원전 가동 중단 위기 손놓은 산업부