Business Intelligence Monitor 200225

(Introduction)

[Markets]

•   Global: Stocks, oil tumble; gold spikes as virus fears grip markets

※   European stocks tumble, Italy down more than 5% after virus spread

※   30-year Treasury yields set record low

※   Gold prices surge to highest since 2013

※   Macro 백업표

※   Industry 백업표

•   Global: Virus Fears Flatten Yield Curves in Worrisome Growth Warning

•   US: Coronavirus plunge wipes more than $230 billion from Big Tech stocks

•   한국: 증시는 '검은 월요일'…코스피 3.9% 폭락에 시총 67조 줄어

•   Metals: Zinc hardest hit as metals retreat on fears of virus spread

•   Grains: Corn, soy, wheat plunge on worries over coronavirus spread

[Indicators]

•   US Feb. Dallas Fed Manufacturing index: Dallas Fed Factory Gauge Gains, Adding to Signs of Stabilization

•   Germany Feb. Ifo Business Climate Index: German Business Sentiment Holds Up Against Virus Concerns

•   한국 2019년 발전량: '경기둔화·온화한 날씨' 작년 발전량 외환위기 이후 첫 감소

•   한국 2월 소비자동향조사: 소비심리 타격 지표로 확인…2월 소비심리지수 7.3포인트 ↓

•   Mexico Feb. CPI: Mexico Inflation Accelerates to Highest Annual Rate Since August

•   Vietnam Feb. 1~15 Balance of trade: Việt Nam records trade deficit in first half of February

•   Coronavirus: SCMP Live Updates

[News]

•   WSJ: With Migrant Workers in Limbo, Part of China’s Economy Is Stalled

•   WSJ: With Current Tools, Fed Unlikely To Sustainably Hit Inflation Target: Fed Paper

※   FRBSF: Federal Reserve Bank of San Francisco | Is the Risk of the Lower Bound Reducing Inflation?

•   WSJ: Austin, Nashville Rank at Top of Hottest Job Markets

•   WSJ: Fed Officials Say It Is Too Soon to Assess Coronavirus Impact on U.S. Economy

•   WSJ: Newsletter: Coronavirus Spreads, Stocks Fall, Supply Chains Shudder

•   WSJ: Korea’s Coronavirus Spread Puts an Export Hub at Risk

•   NYT: Sanders Looks to Knock Out Biden as Pressure Builds on Democrats

•   NYT: As Fears of a Pandemic Mount, W.H.O. Says World Is Not Ready

•   NYT: Canada Oil-Sands Plan Collapses Over Politics and Economics

•   NYT: As the Start-Up Boom Deflates, Tech Is Humbled

•   NYT: Economy Faces a Coronavirus Challenge as Markets Swoon

•   WP: Bernie Sanders, powered by diverse liberal coalition, forces a reckoning for Democrats

•   WP: In a historically old presidential field, candidates refuse to release health records

•   FT: Trump presses Modi to bolster US ties amid trade frictions

•   FT: Iran faces further isolation after jump in coronavirus deaths

•   FT: Israel and Palestinians exchange rocket fire after border clash

•   FT: Malaysia’s king accepts Mahathir Mohamad’s resignation

•   FT: Coronavirus deals fresh blow to Italy’s struggling economy

•   FT: UK lays down red line for Brexit trade talks

•   FT: Europe keeps Schengen zone open despite coronavirus

•   FT: Germany’s wounded CDU to pick new leader in April

•   FT: Global inventories at 7-year low prior to coronavirus hit

•   FT: Coronavirus outbreak causes supply problem for India’s drugmakers

•   FT: Brazil’s new ranks of shareholders reflect fundamental shift

•   FT: The Chinese super-regulator taking on the coronavirus

•   Bloomberg: History Repeats as Sales Tax Hike Pushes Japan Toward Recession

•   Bloomberg: China Uses Surveillance State Tactics to Fight Rapid Spread of Coronavirus

•   Bloomberg: Apple’s China IPhone Sales Dropped in January as Virus Emerged

•   Bloomberg: Treasuries May Really Get Going If Mortgage Supercharge Turns Up

•   Bloomberg: Why Trump Rebuked Hardliners Who Pushed for More China Decoupling

•   Bloomberg: Italy Risks a Recession That Could Pummel Europe’s Economy

•   Bloomberg: ECB Officials Pressure Governments to Ready Virus Response

•   Bloomberg: Italy Struggles to Contain Virus With Rich North in Lockdown

•   Bloomberg: BOE’s Haldane Says Brexit Uncertainty Lifting From U.K. Economy

•   Bloomberg: Traders Supercharge Global Rate-Cut Bets on Mounting Virus Fears

•   Bloomberg: Virus Fear Is Changing How Bank of Korea Announces Its Rate Decision

•   Bloomberg: Freeport CEO Says ‘Everybody Is on Edge’ With Virus Uncertainty

•   Bloomberg: Audi Pauses Electric-Car Production as Tesla Zooms Ahead

•   Reuters: China postpones annual meeting of parliament: state TV

•   Reuters: Exclusive: U.S. sees no material impact from virus on U.S.-China trade deal - for now

•   Reuters: Russia, Turkey preparing talks on fighting in Syria's Idlib province: TASS

•   Reuters: Trump says coronavirus under control in the U.S

•   Reuters: Factbox: Charting the impact of the new coronavirus

•   Reuters: Investors raise ECB rate cut bets on coronavirus fears

•   Reuters: PDVSA shifts oil cargoes to different Rosneft unit, U.S. threatens action

•   CNN: Economic pandemic: Coronavirus slams South Korea, Italy

•   CNN: Drones. Disinfecting robots. Supercomputers. The coronavirus outbreak is a test for China's tech industry

•   CNBC: Turnaround Tuesday? Stocks tend to bounce back quickly from market drops like this one

•   CNBC: Huawei Mate Xs: New foldable phone unveiled by Chinese tech giant

•   CNBC: South Carolina primary: Joe Biden leads Bernie Sanders in NBC-Marist poll

•   CNBC: As coronavirus fuels market panic, some experts say the dollar is the only safe currency

•   CNBC: Goldman cuts US first-quarter GDP forecast to just over 1% on the coronavirus

•   Fox Business: Trump may spend billions fighting the coronavirus crisis as outbreak tanks stocks

•   SCMP: China’s state pension needs a remake as slowdown, ageing widen deficit

•   SCMP: Why Xi Jinping made a mass call about the coronavirus epidemic

•   SCMP: China’s economic powerhouse lowers coronavirus threat level

•   SCMP: China likely overestimating economic recovery amid coronavirus

•   SCMP: Xi warns of ‘unavoidable’ impact of virus as priority shifts to economy

•   SCMP: China brushes aside ‘temporary’ impact of virus as economy stutters

•   Global Times: China mulls more tax cuts to aid virus-hit small, medium businesses

•   Global Times: Is epidemic in Wuhan getting close to inflection point?

•   매경(P1): [뉴스&분석] 국회·법원마저…대한민국이 마비됐다

•   매경(P1): 정총리 "중국인 전면 입국금지 고려안해"

•   매경: 이젠 부산도 위험하다…온천교회 또 14명 확진, 요양병원은 통째 격리

•   매경: 현대차 협력공장·LG전자 연구동 폐쇄…기업 셧다운 공포에 `플랜B` 마련 비상

•   매경: LH, 올 20조 사상최대 발주…공기업도 `코로나 극복` 힘보태기

•   매경: 노후불안에…지갑 `꾹` 닫은 5060세대

•   매경: 코로나 직격탄 기업들의 최대 애로는 `원자재조달`

•   매경: 코로나 은행 강타…영업점 폐쇄 잇따라

•   매경: 코로나에 관광업 `악화일로` 지난주 카드결제액 60.7%↓

•   매경: 대한상의, 출퇴근 시차제 권고…코로나19 대책반도 운영

•   매경: 中에 공 들였는데…현대차 `코로나 유탄` 우려

•   매경: 분양 위축·중동 공사차질…건설사 내우외환

•   매경: [Mobile World] 위 아래로 접는다…경험의 신세계 `갤럭시 Z플립`

•   한경(P1): 베트남도 한국 관광객 격리

•   한경: 대만, 韓 입국자 14일간 격리…中 선전공항에 한국인 30명 발묶여

•   한경: 中 전역 입국금지한 국가들, 코로나 확산 방지 효과 봤다

•   한경(P1): '코로나 추경' 편성한다…소상공인·TK 등 지원

•   한경: "3주내 예산 쓸 곳 내라니"…또 졸속 추경하나

•   한경: 고립된 대구…상인들 "코로나도 무섭지만 장사 접게 될까 더 걱정"

•   한경: '코로나 쇼크'에 참석자 급감하나…사상 최악 '주총 대란' 예고

•   한경: 정부 "에볼라 치료제, 코로나에 활용 검토"

•   한경: 스마트폰과 명품의 만남…"윈윈 전략 통했다"

•   한경: 한글과컴퓨터그룹, 中 DJI와 국내 드론 시장 공략

•   한경: 갤럭시 '투톱' 글로벌 흥행몰이 나섰다

•   한경: 망원 카메라 안 부러운 갤럭시S20울트라…"달 표면까지 보인다"

•   한경: 갤Z플립 톰브라운, '프라다폰' 전철 밟나…"1년 만에 '공짜폰' 전락"

•   서경(P1): SK그룹 2주간..재택근무 돌입

•   서경: [시그널] 삼성의 별 권오현·효성 전 사장까지···재계 거물들, 스타트업 투자 '노크'

•   서경: 코로나 빗겨간 대형TV, 대세화 앞당겨지나

•   서경: 5G 탄 반도체, 수요 쑥.."실적 반등 가자"

•   서경: 디스플레이, OLED로 재편..中 저가 LCD 공세 따돌린다

•   서경: "코로나 피하자"...투자자 해외로 '엑소더스'

•   서경: [불황의 그늘] 작년 공장경매 5,014건··· 33%만 새 주인

•   서경: "집 팔라" 양도세 중과 유예했는데···서울 아파트 증여 더 늘었다

•   서경: 정비사업도 코로나에 발목···서울시, 조합에 "총회 자제"

•   조선: 중국의 적반하장 조롱 "한국서 코로나 역유입될라"

•   조선: 중국인 입국금지 빗발칠 때… 文, 시진핑에 전화해 방한 다짐받기

•   조선: 삼성·LG 직원 2400명 격리, 구미산단 흔들

•   조선: 丁총리 "긴급재정경제명령권도 검토"… IMF때도 없었던 임대료 인하 해주나

•   조선: 대중교통 이용 '뚝'… 서울 지하철 승객 작년보다 19% 줄어

•   조선: 사내식당서도 혼밥… 다같이 '왕따'가 됩시다

•   조선: 내달부터 집사면 주식거래 내역까지 낸다

•   조선: 수원·용인 등 경기도 입주물량 65% 급감

•   조선: 매출 8.5% 늘었지만… 웃지 못하는 메모리 반도체

•   조선비즈: 부총리 "공무원도 근무시간 줄여야" 지시에… 기재부, PC 끄고 야근

•   조선비즈: 전문가들 "국내 기업, 코로나發 연쇄적 생산 감소·투자 위축 후유증 클 것"

•   중앙: 한국·이탈리아·이란 대확산…중국 경유자 안 막은 게 공통점

•   중앙: “임원님들 실적 책임 왜 안 집니까” 블라인드 보면 직장인 속내 보인다

•   중앙: [팩트체크] 따뜻한 물 마시면 코로나 예방? 떠도는 가짜 권고

•   중앙: 직각으로 놓고 영상통화까지···갤Z플립 '열받는' 건 딱 하나

•   동아: “中유학생 변수 등 고려안한 4주 안정화 전략, 현실성 떨어져”

•   동아: 국내 치사율 0.96%… 질본 “수치 유동적, 위험도 단정못해”

•   동아: 규모-업종-연차 불문… 산업계 ‘구조조정 칼바람’

•   동아: 불황에… 전력 판매량도 줄었다

•   문화(P1): 수출·내수 동시 급락… 코로나 ‘퍼펙트 스톰’

•   문화: 코로나에 요동치는 금융시장… 커지는 금리인하 압박

•   문화: “韓, 현금성 복지늘려 재정악화된 이탈리아 답습하면 안돼”

•   문화: “7년만에 실제실업률>자연실업률… 잠재성장률 ‘21년來 최저’ 가능성”

•   한국(P1): 한미 국방장관 회담 전날… 美 ‘한국인 무급휴직’으로 방위비 압박

•   머니투데이(P1): [MT리포트]'유통 몰락'에 기름부은 코로나19 .."325만명 일자리 위태롭다"

•   머니투데이: 정부, 추경 한다면서 마스크나 싸게 나눠주지 왜 못하나

•   머니투데이: "울산 안전하지 않다, 확진자 원천봉쇄"…현대·기아차 '초비상'

•   머니투데이: 중국·면세·내수 '매출 쇼크'···화장품, 코로나 '삼중고'

•   헤럴드경제: ‘조정지역’ 비규제지역보다 두 배 올랐다

•   파이낸셜뉴스: 추경 편성 사실상 확정 수순..다시 빨간불 켜진 ‘재정건전성’ [코로나19 확산]

•   파이낸셜뉴스: "추경 편성 지금이 타이밍" vs. "예비비부터 활용해야" [코로나19 확산]

•   파이낸셜뉴스: 코로나19 덮친 韓 기업, 신용도 강등 ‘이중고’…이마트·KCC ‘투기등급’ 추락 [코로나19 확산]

•   아시아경제(P1): 全산업 '동반 셧다운' 위기감 고조…마스크 없이 통근버스 못타고 식당 띄어앉기

•   아시아경제: 코로나19發 건설경기 '심각'…봄분양마저 덮치나

•   아시아경제: [아시아초대석]"3%룰·사외이사 임기제한…올 주총 부결대란 걱정"

•   디지털타임스: 멈춰선 中공급망… 전기車 대란으로 이어지나

•   이데일리(P1): 상생협력 나선 구광모…LG전자, 국내 유턴 협력사 구매물량 보장

•   이데일리: "한해 농사 좌우하는데"…신차 출시한 車업계, 코로나19에 `울상`

•   이데일리: 기업 신용등급 `뚝뚝`…A급 이하 자금 조달 어쩌나

•   이데일리: 중견건설사 분양열전 “최대 격전지는 수도권 非규제지역”

•   뉴시스: 새만금 수상태양광 투자유치형 발전사업 사업모델 선정

•   비즈니스포스트: 정의당 비례대표 후보 이헌석 “두산중공업 위기 본질은 경영진 오판”

•   쿠키뉴스: 건설기계 빅2, 실적 희비…두산 ‘맑음’ 현대 ‘흐림’

•   The Guru: 한수원, 체코 원전 수주 기반 다진다…체코 날아간 김상돈 본부장 '협력 모색'

•   WNN: China's nuclear power output jumps 18% year on year

•   reNews: US offshore wind is 'currently uneconomical'

•   reNews: EU budget 'must support Green Deal'

•   Windpower Monthly: Foreign investments provide glimmer of hope of Indian recovery

•   Equipment World: Kobelco to display 20+ machines in ConExpo North Hall, including hybrid excavator

•   건설경제: 코로나19 강타… 건자재업계 발동동

•   건설경제: 날 잡았는데...대구지역 분양 · 정비시장 사실상 올스톱

※   금호산업과 화성산업, 대우건설, 포스코건설, 두산건설 등 대구에서 분양을 앞둔 건설사들은 “일정대로 분양을 강행하는 것을 어렵다”는 입장을 취하고 있다.

•   CNET: The iPhone 9 has an ETA

•   MIT Technology Review: We’re not prepared for the end of Moore’s Law

•   전자신문: [에너지 대전환 시대]<2>에너지 多소비 국가 오명 벗는다… 효율 혁신전략 '풀가동'

•   전자신문: [에너지 대전환 시대]한전·한수원 “종합에너지 기업으로 퀀텀점프”

•   전자신문: [에너지 대전환 시대]유럽에선 재생에너지 발전 '광풍'

•   전자신문: 中 BOE, 애플 겨냥 OLED 모듈 라인 투자…내년 아이폰 공급?

•   ZDNet Korea: 반도체 업계 "공장 폐쇄 가능성 낮아...2차 감염 차단이 관건"

•   ZDNet Korea: 삼성·LG디스플레이 '비상', 장기 여파에 '촉각'

•   디지털데일리: 삼성전자, QLED TV 개선 작업 지연…SKC 등 협업 난항

•   Phone Arena: Huawei announces the Mate XS foldable with a more durable display and faster processor

•   Phone Arena: The new Mate Xs is the priciest, most exquisite foldable phone so far

•   Phone Arena: Galaxy Fold 2 will sport an S Pen and bendy glass, but not Samsung's best camera

•   Inside EVs: EV Subsidies In China Might Not End In 2020

•   Inside EVs: Samsung SDI Expands Its Battery Plant In Hungary

•   Inside EVs: Electric Car Charging Solutions Are Growing And Evolving

•   Hannover Messe News: Now the cobots are slimming down, too

•   Hannover Messe News: Power-to-gas goes turbo

•   Robotics Business Review: RBR50 2020: Seeking the most innovative robotics organizations

•   Robotics Business Review: Manufacturing will bounce back, finds BDO CFO survey

•   Robotics Tomorrow: The Gradual Introduction of Driverless Cars

•   Business Wire: Raven Industries to Showcase Autonomous Agriculture Technology at DOT® Demo Days

•   Dronelife: “Big Drone” Shows off Flying Ability

•   Nikkei Asian Review: Sony flexes digital camera muscle with maiden 5G phone

•   Nikkei Asian Review: Japan's casino bribery scandal deals Abe a tough hand

•   Nikkei Asian Review: Third Point leads criticism of Japan’s foreign investment law

•   Nikkei Asian Review: Toyota restarts final Chinese plant shut by virus outbreak

•   Nikkei Asian Review: Coronavirus latest: Toyota reopens all China plants

•   Livemint: India’s trade deal with the US is just a matter of time

•   Hindustan Times: Central govt plans to tighten the screws on debt-ridden discoms

•   Indian Express: Donald Trump’s visit will push move to set up six nuclear reactors

•   Jakarta Post: North Sumatra becomes major exporter of agricultural commodities

•   Jakarta Post: BKPM boss fears decline in Chinese investment over coronavirus outbreak

•   Jakarta Post: Omnibus bill provides legal certainty on Indonesia’s sovereign wealth fund

•   Jakarta Post: It's Prabowo vs. Anies in 2024, survey says

•   Viet Nam News: What effect will COVID-19 have on Viet Nam's FMCG market?

•   Myanmar Times: Virus outbreak could impact Myanmar garment factories by March

[Opinions]

•   Project Syndicate(Célestin Monga): Africa Isn’t Ready for Currency Unions

•   Project Syndicate(Alexander Friedman): Why Bernie?

•   Project Syndicate(Stephen S. Roach): When China Sneezes

•   Project Syndicate(Jeffrey Frankel): Will the Coronavirus Trigger a Global Recession?

•   Project Syndicate(Akira Kawamoto): Beyond Abenomics

•   FT(Gideon Rachman): Annexation: the return of a dangerous idea

•   FT(Nick Butler): We need a world institution for climate and energy

•   FTMargaret Heffernan): Treat workers like robots and they might behave like them

•   FT(Julien Demeulemeester): Fund managers need to look again at infrastructure

•   FT(Norman Blackwell): UK should diverge on domestic financial services

•   FT(Amin Rajan): The daunting task of decarbonising investment portfolios

•   FT(Katie Martin): Markets face fresh jolt of coronavirus nerves

•   FT(Raffaello Pantucci): US unlikely to change minds by shouting at China’s neighbours

•   FT(Tanvi Madan): The pitfalls of a US-India partnership driven by China

•   NYT(David Leonhardt): Bernie Sanders Is Making a Big Mistake

•   NYT(Charles M. Blow): Don’t Doubt Bernie

•   NYT(Michael T. Osterholm, Mark Olshaker): Is It a Pandemic Yet?

•   WP(Michael Gerson): A Trump-Sanders election would destroy our politics

•   WP(Max Boot): Vote for Bernie, elect Trump

•   WP(Henry Olsen): Trump’s trip to India could be his most important foreign policy visit yet

•   WP(Jennifer Rubin): Republicans, how would this all look under President Sanders?

•   WP(Jennifer Rubin): The South Carolina debate might be the last chance to slow down Sanders

•   WP(Jennifer Rubin): Buttigieg holds a massive rally in Virginia. But are there enough of his fans?

•   WP(Jennifer Rubin): Sanders winds up boosting Trump on foreign policy

•   WP(Eugene Robinson): All Democrats must prepare to support Bernie Sanders

•   WP(Paul Waldman): Democrats, stop freaking out about Bernie Sanders

•   WP(Helaine Olen): Lloyd Blankfein may not vote for Bernie Sanders, but regular voters will.

•   WP(Megan McArdle): The Berniemobile is filling up with Realist-Idealists, Revolutionaries and Bandwagoners

•   WP(Jason Rezaian): Iran’s government is lying its way to a coronavirus catastrophe

•   WP(Brian Klaas): A Minnesota district illustrates a Bernie Sanders weakness

•   WP(Rana Ayyub): In India, Trump validates Modi’s divisive politics

•   WP(William F. Wechsler, Kirsten Fontenrose): The U.S.-Iran divide and how allies can help prevent the potential for military conflict

•   WP(John W. Rowe): Are people in their 70s healthy enough to run the country? Yes.

•   WP(Fred Hiatt): How Donald Trump and Bernie Sanders both reject the reality of climate change

•   Bloomberg(David Fickling): The Coronavirus Is Starting to Go Global

•   Bloomberg(Brian Chappatta): How Low Can Bond Yields Go? No Record Is Safe.

•   Bloomberg(Liam Denning): Coronavirus Sickens an Ailing Energy Bond Market

•   Bloomberg(Barry Ritholtz): Stock-Market Bubble Fears Are Greatly Overblown

•   Bloomberg(Clara Ferreira Marques): Markets Are Waking Up to the Virus Reality

•   Bloomberg(Ferdinando Giugliano): Can Italy's Coronavirus Crackdown Actually Work?

•   Bloomberg(Jonathan Bernstein): Why Nevada Mattered

•   Bloomberg(Bobby Ghosh): Iran’s Supreme Leader Faces Some Supreme Problems

•   Bloomberg(Narayana Kocherlakota): The Fed Needs to Cut Rates Now

•   Bloomberg(Max Nisen): The U.S. Needs to Get Out in Front of the Coronavirus Threat

•   CNN(Chuck Collins): The US would be better off with fewer billionaires

•   CNN(Chelsea Clinton, Devi Sridha): Under Trump, America is less well prepared for coronavirus outbreak

•   CNN(Merrill Brown): Michael Bloomberg's other problem

•   MarketWatch(Mark Hulbert): Coronavirus panic deflates extreme bullishness in the stock market

•   MarketWatch(Rex Nutting): If the coronavirus isn’t contained, a severe global recession is almost certain

•   Barron's(Pierre Briançon): Could Europe Deal With the Economic Impact of a Major Coronavirus Outbreak? Here are Some Reasons for Doubt

•   Reuters(Andy Home): Coronavirus is double shock for China's giant aluminium sector