Business Intelligence Monitor 200424

(Introduction)

[Markets]

•   Global: Equities barely up oil price rebound, stimulus hopes

※   Macro 백업표

※   Industry 백업표

•   한국: 코스피, 기관 매수에 이틀째 상승…1,910선 회복

•   한국: 건설·시멘트 `한국판 뉴딜` 약발 벌써 끝?

•   Grains: Export hopes push soybean, corn, wheat futures higher

[Indicators]

•   US·Europe·Asia Apr. PMI: Global Economy Hit by Record Collapse of Business Activity

•   US Apr. Federal spending: Coronavirus-related federal spending surges in late April

•   US Weekly Jobless claims: Millions of U.S. Workers Filed for Unemployment Benefits Last Week

※   NYT: Jobless Numbers Are ‘Eye-Watering’ but Understate the Crisis

•   한국 1분기 GDP: 1분기 성장률 -1.4%…2008년 이후 최저…"코로나가 2%P 낮춘듯"

•   한국은행: 2020년 1/4분기 실질 국내총생산(속보)

•   한국 주간 아파트 가격(감정원): [아파트 시황] 서울 강남4구 아파트값 하락폭 확대

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Frustrations Build for Those Still Awaiting Stimulus Checks

•   WSJ: The Debt Is Soaring; Debt Risks Are Not

•   WSJ: Fed Focuses on Lending Programs, But Monetary Policy Deliberations Loom

•   WSJ: Fed to Disclose Loan Amounts, Borrowers on Business Lending Programs

•   WSJ: Newsletter: Historic Collapse in Economic Activity

•   WSJ: Getting a Mortgage-Payment Break Isn’t the Boon Many Expected

•   WSJ: More Small-Business Aid Is Coming, But It Might Not Be Enough

•   NYT: A Coronavirus Death in Early February Was ‘Probably the Tip of an Iceberg’

•   NYT: Hidden Outbreaks Spread Through U.S. Cities Far Earlier Than Americans Knew, Estimates Say

•   NYT: 1 in 5 New Yorkers May Have Had Covid-19, Antibody Tests Suggest

•   NYT: Protesting Without Gathering, Tenant Organizers Get Creative

•   NYT: Will the Coronavirus Pandemic Doom North Sea Oil?

•   NYT: The $600 Unemployment Booster Shot, State by State

•   WP: House set to pass $484 billion bill to boost small businesses, hospitals and testing

•   WP: Top Iranian general warns U.S. against ‘dangerous behavior’ in Persian Gulf after Trump threat

•   FT: Gilead antiviral drug remdesivir flops in first trial

•   FT: Germany throws weight behind EU recovery fund

•   FT: France rules out coronavirus aid for tax-haven businesses

•   FT: Ramaphosa prepares to reopen South African economy gradually

•   FT: China to give WHO an extra $30m to fight coronavirus

•   FT: Argentina wrestles with creditors over repayments as default looms

•   FT: Sunak bends to pressure for 100% guarantees on small business loans 

•   FT: UK carmakers and housebuilders plan return to work

•   FT: Eurozone bank stress starts to show in funding markets

•   FT: Dubai prepares to relax coronavirus lockdown to support economy

•   FT: Merkel warns against lifting lockdown too quickly

•   FT: UK coronavirus study to test 300,000 people for infection and immunity

•   FT: UK Treasury to quadruple borrowing to £180bn over next quarter

•   FT: EU should ‘not aim for self-sufficiency’ after coronavirus, trade chief says

•   FT: Economic woes undermine Putin’s pledge pandemic is ‘under control’

•   FT: Japan rejected lockdown because virus will resurge, says expert

•   FT: Lockdowns lower personal grooming standards, says Unilever

•   FT: Quest for accurate antibody tests in fight against Covid-19

•   FT: China struggles with sharp rise in unemployment

•   Bloomberg: China’s Uneven Reopening Shows Fear Might Hold Back Economies

•   Bloomberg: Toyota, Tesla Pressure Detroit With Plants Nearing Reopen

•   Bloomberg: PBOC Seen Rolling Over Some Maturing Funds and Cutting Rate

•   Bloomberg: Forced to Store Fuel at Sea, Oil Refiners at Breaking Point

•   Bloomberg: Confidence in Fed Chair Hits Highest Point Since Greenspan Era

•   Bloomberg: India’s Dollar Bond Returns Beat Asian Peers After RBI Steps

•   Bloomberg: Merkel’s Stimulus Vow Edges EU Closer to Deal on Rebuilding

•   Bloomberg: Europe Confronts Reality That Many Companies Won’t Survive Virus

•   Bloomberg: When $8 Trillion in Global Fiscal Stimulus Still Isn’t Enough

•   Bloomberg: ECB Acts to Shield Weakest Euro Economies From Rating Cuts

•   Bloomberg: France Reports 516 Coronavirus Deaths, Lowest Toll in Four Days

•   Bloomberg: China Looks at How it Could Expedite U.S. Farm Goods Purchases

•   Bloomberg: How the Coronavirus Crisis Pushed the Fed Into Truly Uncharted Territory

•   Reuters: Italy's daily coronavirus death toll edges up, but new cases fall

•   Reuters: UK economy crumbling under coronavirus strain; questions mount over lockdown exit

•   Reuters: EXCLUSIVE-China plans to boost state reserves with U.S. crops amid coronavirus -sources

•   Reuters: Three negatives and a positive: problems with coronavirus tests in China

•   CNN: How negative oil prices could set the stage for the next price boom

•   CNBC: Trump says he ‘totally disagrees’ with Georgia Gov. Kemp’s decision to reopen businesses in the middle of coronavirus pandemic

•   CNBC: How the oil price capitulation will hit Nigeria, Saudi Arabia and other major exporters

•   CNBC: South Africa unleashes largest ever spending plan, but adds to debt concerns

•   CNBC: EU agrees budget, recovery plan needed to beat coronavirus impact

•   CNBC: Coronavirus: Trump may extend social distancing guidelines to early summer

•   CNBC: Coronavirus: Housing demand may be bouncing back

•   CNBC: Recession depth will be much worse than 2007-2009: Lakshman Achuthan

•   MarketWatch: Bill Gates: As things get back to ‘semi-normal,’ it’s impossible to overstate the pain that lies ahead

•   Fox Business: As coronavirus evaporates tax revenue, states, cities could see tidal wave of layoffs

•   SCMP: Exclusive | What’s it like working for Huawei? Founder offers some metaphors

•   SCMP: Are loans to help China’s small firms fanning Shenzhen’s property bubble?

•   SCMP: Why isn’t China, the world’s biggest buyer, celebrating an oil price plunge?

•   SCMP: China probes ways to ramp up lending to virus-hit small businesses

•   Global Times: Why did China's lockdown work? The difference is state capacity

•   Global Times: Chinese companies restarting most overseas projects amid COVID-19 shows BRI vitality

•   Global Times: China’s digital currency to be tested in Xiongan; trial run involves Starbucks, McDonald’s

•   Global Times: BRI bolsters high-tech means, serves as anti-pandemic cooperation platform

•   매경(P1): 카톡으로 전국민에 재난지원금 쏘자

•   매경(P1): 中企지원 `골든타임` 놓칠라…29조원중 2조8천억만 집행

•   매경(P1): 네덜란드·加 연기금…韓물류에 2.4조 투자

•   매경: "지금이 기회"…실리콘밸리 IT공룡들 M&A 질주

•   매경: 빅데이터로 보니…강원도 북적, 강남은 주춤

•   매경: 코로나 `메가머니 283조`라더니…정부 직접지원은 53조 불과

•   매경: 국책은행이 회사채 사주고…손실나면 정부가 출자

•   매경: 마이너스 성장에…역대최저 금리, 또 내릴까

•   매경: 르노·한국GM·쌍용 고사위기…車업계 "33조 유동성 지원을"

•   매경: 재난지원금 29일 본회의 처리 불투명

•   매경: `한국판 뉴딜` 총대멘 산업은행…자본·인력 부족에 `헉헉`

•   매경: 최악 경제난인데…민노총 "임금피크제 폐지" 요구

•   매경: 한국 `세계 1위 품목` 63개…반도체 등 32개 5년째 1위

•   매경: 美운용사, 두산밥캣 111만주 장내매도…지분율 5%→3.9%로 줄어

•   한경(P1): "줄도산 위기인데 정부 지원 제외…우린 버림받았다" 섬유산업의 탄식

•   한경(P1): 급급매…잠실주공5단지 20억 밑으로

•   한경: "2억 낮춰서라도 팔아만 달라"…강남發 하락세, 강북으로 번졌다

•   한경: 종부세 강화 등 부동산 규제 줄줄이 대기

•   한경(P1): 투기장 된 원유 ETN시장…'깡통 경보'에도 제동 장치가 없다

•   한경(P1): 민노총 이어 한노총도 참여…노·사·정 협의체 내주 구성

•   한경: '부자 혐오' 조장하는 재난지원금?…찜찜한 소득 상위 30%

•   한경: 40조 쏟아붓는데…'7대 기간산업' 기준도 못정한 정부

•   한경: 한국, 올해 역성장하나…'-12.2%'도 등장

•   한경: [단독] '대형마트 규제' 연장한다…벌써 거대여당 힘자랑

•   한경: 1분기 하루 평균 외환거래액 사상 최대

•   한경: 코로나 백신·치료제 도전 기업 44社…메르스 때보다 6배 급증

•   한경: LG디스플레이, 모니터·노트북 LCD로 승부

•   한경: 코로나 뚫고 점유율 키운 기업들…주가도 '승승장구'

•   서경(P1): [시그널] 국내사 신용등급 하향···금융위기때 보다 빨라

•   서경(P1): [시그널] 2건→11건→15건→17건 '무더기 신용 강등'...글로벌 신평사 위기 조장이냐, 탄광 속 카나리아냐

•   서경(P1): 정부, 기간산업 지분 취득해도 의결권행사 안한다

•   서경(P1): '언택트 글로벌 공룡기업' 쏟아진다

•   서경: "투자·소비행태 180도 변화···소수기업, 산업지배력 커질 것"

•   서경: 전자상거래·클라우드 몸집 커지고 車·鐵 쪼그라든다

•   서경: 한경연 "재정 100조 더 쓰면 장기 성장률 최대 0.38%p↓"

※   한국경제연구원: 재정지출 100조원 증가 시, 장기 GDP 성장률 0.18%p ~ 0.38%p 하락

•   서경: 지방금융도 'C쇼크'...무디스 경고 현실로

•   서경: LG화학 7,000억 조달...車배터리 1위 도전

•   서경: [단독]삼성전자 주주 석달새100만명 늘었다

•   서경: 고용 한파 속 조금씩 기지개 펴는 ‘언택트 채용’

•   조선(P1): 丁총리 "기재부, 뒷말로 국민 혼란 말라"

•   조선(P1): "가을에 2차 유행 2년 지속 가능성"

•   조선: 100만원 안받으면 15만원 주겠다는 '관제 기부'

•   조선: '수급후 반납'보다 수급거부 유도할 듯

•   조선: "알아서 기부하란 건 계층갈등 부르는 정책"

•   조선: 74% "통합당, 3040 중심으로 세대교체하라", 63% "소주성 바꿔라", 59% "탈원전 바꿔라"

•   조선: 수급자 500만 국민연금, 1분기 예상손실 47조

•   조선: 8조 빚내서 증시 투자, 동학개미들 괜찮을까

•   조선비즈: JP모건, 한국 GDP성장률 전망치 0.8%→0.0% 하향조정

•   조선비즈: '흑자전환' 한전은 기간산업 지원 대상... '3조 손실 예상' 정유업은 제외

•   조선비즈: "마스크가 남아돈다"... 약국 공급 마스크 400만장 대로 감소

•   중앙(P1): [단독] "방위비 13% 인상이 최선" 문 대통령은 강경했다

•   동아(P1): [단독] 美당국자 “김정은 원산서 걷는 모습 포착”

•   동아: 40일새 카드매출 1조6868억 줄어… “13년 장사중 가장 힘든 시기”

•   문화(P1): 靑, 재난지원금 긴급재정명령권 검토

•   한국(P1): [단독] A급 이하 ‘저신용’ 여전채 6월말 정부 보증 발행될 듯

•   세계(P1): 남북철도 연결, 예타 면제로 속도낸다

•   머니투데이(P1): 자영업자 대출 유도했더니… 창구에 대기업만 길게 줄 섰다

•   머니투데이: 코로나19 여파…현대차 분기판매 100만대선 무너져

•   머니투데이: 中, 대규모 경기부양에 굴삭기 수요 급증…韓수혜주는

•   헤럴드경제(P1): SK하이닉스, 코로나에도 실적 선방

•   헤럴드경제(P1): 정부, 해운산업 1조2500억 추가지원

•   파이낸셜뉴스(P1): 집 안사고 전세 산다..전세대출 20% 급증

•   파이낸셜뉴스(P1): 대출 죄고 규제 높여 집값 묶었더니… 전셋값 ‘예견된 폭등’

•   파이낸셜뉴스: "추가 지출조정 여지있다"는 예정처… 한달 새 말바꾼 당정

•   파이낸셜뉴스: 다주택자 잡고 ‘부동산법인’ 겨냥한 정부… 차익 중과세 등 ‘핀셋 규제’ 유력

•   이데일리: 삼성·SKT, 세계 첫 양자암호폰 출시..뭐가 달라지나

•   이데일리: 대한항공 금융지원 임박…2조원 지원책 나오나

•   더벨: 채권단 주도 워크아웃, '죄수 딜레마' 유발

•   아시아투데이: 동박업계, ‘두산솔루스 매각 추진’에도 생산 확대 정책 유지

•   이투뉴스: 100MW 제주한림해상풍력, 전량 두산중공업 터빈으로 설치

•   Windpower Monthly: France eyes floating 'leadership' in new energy plan

•   KHL: European construction buckles under virus lockdown

•   KHL: Mexico: 2,400 construction companies at risk

•   KHL: Volvo CE in first quarter sales drop

•   KHL: Q&A: Will we see a post-pandemic construction tsunami?

•   For Construction Pros: Global Construction Output Expected to Shrink by 1.4% in Wake of Pandemic Shutdowns

•   건설경제: 지지부진 SOC사업 예산 삭감해 추경재원 마련… 알고보니 인허가 지연탓

•   건설경제: 부처간 엇박자에··· 더딘 민자활성화

•   건설경제: 건설기계 임대사업자도 '고사 위기'

•   건설경제: “석탄발전 감축 위해 과감한 로드맵 짜야”

•   OilPrice.com: Decarbonizing U.S. Electricity For $25 A Year

•   OilPrice.com: OPEC Producers See Market Share Evaporate In India

•   OilPrice.com: The World’s Largest Oil Fund Scrambles To Survive, Reshuffles Holdings Again

•   OilPrice.com: Saudi Arabia To Take On Billions In Debt To Survive The Oil Price Crisis

•   MINING.com: Cobalt price, nickel use limit damage to EV Metal Index

•   MINING.com: China’s EV battery sector frets over supply

•   CNET: iPhone SE review: Apple's $399 iPhone lives up to the hype

•   전자신문(P1): [단독]中, 韓 디스플레이 인력 빼가기 노골화…국가핵심기술 'OLED' 노린다

•   전자신문: 거시경제 전문가 3인 "올 마이너스 성장 불가피...코로나 빠른 종식이 관건"

•   ZDNet Korea: 中 스마트폰 시장 '외산 무덤'…자국산 90% 독식

•   Phone Arena: US-bound iPhone 12 might have faster 5G, but could be delayed until December

•   Robotics & Automation News: New Universal Robots interface enables ‘fast’ implementation of injection molding applications

•   Robot Report: Festo, MassRobotics partnership focuses on next-gen robotics

•   로봇신문: 중국 산업용 로봇 판매, 3월부터 회복세로 전환

•   로봇신문: 中 최대 로봇기업 시아순, '포스트 코로나' 기대감 높아

•   로봇신문: 자동차 산업용 로봇 시장, 2024년 7조 규모로 성장한다

•   Nikkei Asian Review: Japan chipmaker unveils AI face recognition tool to detect fever

•   Nikkei Asian Review: Japan's testing bottleneck sows wider virus dissemination

•   Nikkei Asian Review: BOJ will squeeze policy meeting into a single day

•   Nikkei Asian Review: Exclusive: Bank of Japan weighs unlimited government bond buying

•   Nikkei Asian Review: Japan says economy is 'in an extremely severe situation'

•   Nikkei Asian Review: Tokyo calls for extended 'stay home' Golden Week holiday

•   Business Standard: PM Modi, Sitharaman to meet on Friday to finalise second stimulus package

•   Business Standard: CII sees Covid-19 shrinking FY21 GDP by 0.9% in worst-case scenario

•   Folha de S.Paulo: After announcing a public investment plan for the economy, Bolsonaro indicated that he continues to support the liberal policies

•   Folha de S.Paulo: Minister of Health Speaks of Isolation 'Exit Plan'

•   Jakarta Post: Government owes PLN $3b for two years of electricity subsidies

•   Jakarta Post: ADB approves US$1.5b loan to support Indonesia’s pandemic response

•   Jakarta Post: Indonesia’s household spending to tank as people lose jobs: Fitch

•   Jakarta Post: COVID-19 crisis delays several infrastructure projects

•   Viet Nam News: Historic low oil prices hardly impact Việt Nam's economy at this time

•   Viet Nam News: COVID-19 woes to weigh on credit growth

•   Viet Nam News: Budget overspending forecast to increase this year due to COVID-19

[Opinions]

•   Project Syndicate(Ricardo Hausmann): Target R and Wait for the Vaccine

•   Project Syndicate(Joseph E. Stiglitz, Arjun Jayadev, Achal Prabhala): Patents vs. the Pandemic

•   Project Syndicate(Andrew Sheng, Xiao Geng): What COVID-19 Reveals About the US and China

•   Project Syndicate(Patrick Bolton et al): The Necessity of a Global Debt Standstill that Works

•   Project Syndicate(William H. Janeway): COVID-19 is Not World War II

•   FT(Editorial Board): The case for a global probe of Covid-19’s origins

•   FT(Martin Wolf): Lifting the UK’s lockdown or saving lives are not mutually exclusive

•   FT(Philip Stephens): How politics thwarted the UK’s Covid-19 response

•   FT(Edward Luce): The risk of a US double-dip depression is real

•   FT(Martin Sandbu): The biggest question for the post-lockdown world

•   FT(Jamie Powell): Pandemics and the question of resilience

•   FT(Wendy Carlin): Covid-19 is resetting the way we talk about the economy

•   FT(Claire Jones): Governments should backstop trade credit

•   FT(Helima Croft): It is hard to pick any winners from oil’s collapse

•   FT(Lex): UK bailout: paper vapours

•   FT(Lex): Workplace reopenings: watch your speed

•   WSJ(Daniel Henninger): How We’ll Live With Coronavirus

•   WSJ(Joseph C. Sternberg): Maybe the Experts Were Right About Covid-19 the First Time

•   WSJ(Henry I. Miller): A Coronavirus Vaccine: Faster, Please

•   WSJ(Tim Congdon): Get Ready for the Return of Inflation

•   NYT(Editorial Board): Trump: Why Waste a Crisis?

•   NYT(Charles M. Blow): Covid-19, Confusion and Uncertainty

•   NYT(Aaron E. Carroll): It’s Too Soon to Reopen States. The Coronavirus Is Not Under Control.

•   NYT(Kara Swisher): How to Make America 2.0 a More Equitable Society

•   WP(Editorial Board): The Fed needs to set clear rules for its new lending program. And then get the money flowing.

•   WP(Jennifer Rubin): Just how bad is the economy?

•   WP(Eugene Robinson): There are no shortcuts to defeating the coronavirus

•   WP(Ashley Parker et al): Under Trump, coronavirus scientists can speak — as long as they mostly toe the line

•   WP(Michael S. Saag): Rushing to reopen will be lethal. Just look at ‘Jaws.’

•   WP(Mitt Romney): America is awakening to China. This is a clarion call to seize the moment.

•   WP(Gary Abernathy): Trump faces the biggest test of his presidency. The voters will reward him if he passes it.

•   Bloomberg(Mervyn King): The Perils of Bogus Quantification

•   Bloomberg(David Fickling): Think Oil Price Volatility Is Over? Think Again

•   Bloomberg(Andy Mukherjee): Thinking Big About Covid-19 and Monetizing Public Debt

•   Bloomberg(John Authers): Emerging Markets May Lead the Coronavirus Rebound

•   Bloomberg(Karl W. Smith): There Is No Looming U.S. Debt Crisis

•   Bloomberg(Jonathan Bernstein): Does Trump Support the Coronavirus Lockdown?

•   Bloomberg(Cass R. Sunstein): Constitution May Block Progressives on Wealth Tax

•   Bloomberg(Rachel Rosenthal): Millennials Face Second Age of Underemployment

•   Bloomberg(Ellen R. Wald): What Saudi Arabia Can Do to Lead Again on Oil

•   CNN(Nawaf Obaid): The American oil boom is over

•   MarketWatch(Pierre Briançon): Catastrophic economic data put pressure on governments to ease lockdowns. Here’s why they should resist it.

•   MarketWatch(Pierre Briançon): The ECB is sounding the alarm about Europe’s fiscal impotence. Here’s why.

•   MarketWatch(Satyajit Das): How the coronavirus will widen the gap dividing rich and poor

•   MarketWatch(Hilary Godwin): Reopening the U.S. economy is like walking a tightrope— and Trump’s guidelines may be too lax