Business Intelligence Monitor 200430

(Introduction)

[Markets]

•   Global: Shares jump on coronavirus treatment hopes, oil soars

※   Fed leaves rates near zero, sees virus risks lingering

※   MSCI global stock index up over 2%

※   Gilead: remdesivir trials show improvement for COVID-19 patients

※   Oil posts double-digit gains after US crude storage build slows

※   Wall Street jumps; Alphabet, Boeing gain after results

•   한국: 코스피, 외국인 매수에 사흘째 상승…1,940대 회복

•   Metals: Shanghai zinc jumps to 2-month high on supply tightness

•   Grains: Soybeans firm on demand hopes, wheat eases on Europe rain

[Indicators]

•   US Q1 GDP: U.S. Economy Shrank at Fastest Pace Since 2008

※   YoY 0.5%

•   US Mar. Construction employment: Const. Employment Declines Year-Over-Year

•   US Apr. Engineering and construction cost index : COVID-19 Impact Sends Engineering and Construction Costs Negative for First Time Since November 2016

•   US Benchmark rates: Fed’s Powell Says More Spending Will Be Needed From Congress

•   Fed: Federal Reserve issues FOMC statement

※   WSJ: Parsing the Fed: How the April Statement Changed From March

•   EU Apr. Economic sentiment indicator: European business and consumer confidence craters

•   UK Apr. Manufacturing capacity utilization: UK manufacturing down to lowest capacity utilisation rate on record

•   한국 3월 산업활동동향: '코로나충격' 3월 서비스업 4.4% ↓…"해외發 영향은 내달 반영"

•   한국 3월 주택 인허가: 코로나 덮친 주택시장..3월 전국 인허가 물량 1년새 30% 넘게 급감

•   한국 3월 미분양 주택: 공급절벽 우려에...미분양 아파트 9개월 연속 감소

•   한국 주간 아파트 가격(감정원): 서울 아파트값 5주째 내리막…노원구 10개월 만에 하락

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: U.S. Explores Emergency-Use Approval for Gilead Drug After Study Found It Helped Recovery From Covid-19

•   WSJ: Boeing to Cut 10% of Workforce as Coronavirus Puts Brakes on Air Travel

•   WSJ: Mnuchin Says U.S. Aims to Get Back Its Money From Fed Programs

•   WSJ: Tesla Posts Third Consecutive Quarterly Profit Despite Coronavirus

•   WSJ: GE Hit by Steep Decline in Jet Engine Business

•   WSJ: Trump Administration Remains Hopeful on China Trade Pact as Doubts Grow

•   WSJ: Newsletter Special Edition: The Expansion Is Over

•   WSJ: Who Would Succeed Kim Jong Un in North Korea? Look to Mount Paektu

•   NYT: Treasury Vows to Recoup Virus Relief Aid Claimed by Big Companies

•   NYT: China Sets Date for Congress, Signaling Coronavirus Is Under Control

•   WP: Second-week crash: Some covid-19 patients become critically ill with little warning

•   WP: Studies leave question of ‘airborne’ coronavirus transmission unanswered

•   WP: Where’s North Korea’s Kim? Let’s see what the satellites say.

•   WP: Trump deciding on oil industry bailout as Saudi supertankers approach Gulf of Mexico

•   FT: Fauci praises remdesivir after data show it speeds recovery

•   FT: Microsoft growth accelerates as virus boosts cloud business

•   FT: Big banks briefly locked out of US small business rescue fund

•   FT: How Asean countries can turn the tide on corruption

•   FT: Indian companies hit back at rule to deter Chinese takeovers

•   FT: European economies show signs of post-lockdown activity

•   FT: Policy response determines plenty

•   FT: Government prepares blueprint for UK’s ‘safe’ return to work

•   FT: US threatens to use nuclear deal clause in fresh Iran sanctions

•   FT: UN warns more than 1bn informal workers face poverty

•   FT: Global job losses rise sharply as coronavirus lockdowns are extended

•   FT: Saudi central bank’s foreign assets fall by most in two decades

•   FT: Investors look to ECB for further stimulus after Italy downgrade

•   FT: EU launches legal action against Poland

•   FT: EU to press Britain on how it will honour Northern Ireland deal

•   FT: US eyes China military as it tightens tech export rules

•   FT: Fitch cuts Italy’s credit rating to one notch above junk

•   FT: Wind power boom under threat as coronavirus hits supply chains

•   FT: Why the oil market is even weaker than you think

•   FT: Northern Italy’s small businesses scrap for survival

•   FT: Democrats worry third-party candidate could help Trump

•   FT: China slowdown puts Xi in political bind

•   Bloomberg: Trump’s ‘Operation Warp Speed’ Aims to Rush Coronavirus Vaccine

•   Bloomberg: The Philippine Peso’s Resilience Is a Risk to the Economy

•   Bloomberg: A Rare Oil-Price Dislocation Gives Asia a Profitable Arbitrage

•   Bloomberg: Traffic Jamming China’s Big Cities Has Energy Demand Rebounding

•   Bloomberg: Taiwan Emerging From Pandemic With a Stronger Hand Against China

•   Bloomberg: Carmakers Go From Shunning Electric Bets to Fueling Tesla Profit

•   Bloomberg: Nations Must Promote ‘Green Recovery’ From Virus, IMF Chief Says

•   Bloomberg: Road From Lockdown to Liberty Is Paved With Economic Trade-Offs

•   Bloomberg: Fiscal Crises Grip U.S., Europe Over Aid to Their Weakest States

•   Bloomberg: China Hands Out Vouchers to Get People Shopping After Lockdown

•   Bloomberg: Investors Shun Indian State Bonds as Lockdown Slashes Revenue

•   Bloomberg: South Africa Cut Deeper Into Junk by S&P as Pandemic Hits Growth

•   Bloomberg: Saudi Oil Flotilla Heading to U.S. to Worsen Port Congestion

•   Bloomberg: Front-Line Food Workers Agonize: Risk Illness on Job or Go Broke

•   Bloomberg: U.S. Factories Low on Inventory Show Reliance on Mexico’s Restart

•   Bloomberg: ECB Action to Save Euro Zone Now Only Delays Future Dilemma

•   Bloomberg: Pompeo Says China Responsible for Outbreak, Must Detail Origin

•   Bloomberg: Saudi's Crown Prince Faces Some Tough Choices

•   Bloomberg: Qualcomm Says China Phone Market Almost Back to Usual Levels

•   Bloomberg: Eskom Shuts Power Plant After Warning Ash Dam May Collapse

•   Bloomberg: VW Joins Auto Peers in Warning of Severe Hit From Pandemic

•   Bloomberg: Modi’s Soaring Popularity Lets Him Forget Pre-Virus India Woes

•   Bloomberg: Emerging Market Central Banks Start Buying Bonds in Risky Shift

•   Reuters: India has 1,000 coronavirus deaths but expert says no exponential rise

•   Reuters: Pompeo says no sight of North Korea's Kim, real risk of famine in country

•   Reuters: Exclusive: Fears rise for illegal South African miners hiding underground in virus lockdown

•   Reuters: Russian metals and mining firms reduce investment, delay divs amid coronavirus

•   CNN: Ford cancels plan to make Lincoln electric vehicle with Rivian

•   CNN: Top US companies say sales are improving in China

•   CNN: Oil demand may never return to peak hit before pandemic

•   CNN: India coronavirus: How does a country of 1.3 billion people have around 1,000 coronavirus deaths?

•   CNBC: Coronavirus: Dr. Scott Gottlieb on vaccine doses ready for fall tests

•   CNBC: US oil firms expected to shut in far more production in May and June

•   CNBC: Moody's downgrades its outlook for several major African banking systems on coronavirus fears

•   CNBC: Huawei reportedly overtakes Qualcomm as China's top semiconductor player

•   CNBC: Tesla delays Semi production and deliveries until 2021

•   MarketWatch: China’s ‘re-opening’ has been rocky. The party line may start to change, this analyst says.

•   Fox Business: Kudlow predicts 'big snapback' from coronavirus pandemic for US economy in second half of year

•   Fox Business: A buyer’s market? Purchase applications rise as states plan economic reopenings

•   Fox Business: Coronavirus unemployment rates increased the most in these U.S. cities

•   SCMP: Controversy follows researchers’ Covid-19 antibody discoveries

•   SCMP: China’s economic woes worsen as legions of migrant workers return home

•   SCMP: Miners have major hopes for a China post-pandemic spending spree

•   SCMP: China risks local government debt surge as it tries to spur economic growth

•   SCMP: US-China decoupling to be accelerated by tightening of tech export controls

•   SCMP: China’s hi-tech hub Shenzhen takes virus hit with record economic drop

•   매경(P1): [단독] SK 전기차 배터리, 中정부 보조금 따내

•   매경: `SK 차이나 인사이더` 결실…`전기차 배터리` 中시장 질주

•   매경: "코로나 재확진은 죽은 바이러스 검출 탓…감염 안시켜"

•   매경: 韓·中 경제교류 재개…기업인 2주격리 안한다

•   매경: 10조 더 푸는 소상공인대출…금리는 두배 올려 年 3~4%

•   매경: `광주형 일자리` 일단 정상궤도…노동계 한달만에 복귀

•   매경: 코로나發 고용절벽…국민연금 가입자 두달새 1만명 `뚝`

•   매경: 1분기 선방한 LG전자, 북미 셧다운에 초긴장

•   매경: `기간산업에 40조 수혈` 산은법 개정안도 촉각…항공사 첫 수혜자 될듯

•   매경: 탈원전·정규직화…公기관 부채 21조 급증

•   매경: SKC 동박사업 KCFT, SK넥실리스로 새출발

•   매경: 코로나로 올해 20조 `폭풍매도`…외국인 5월엔 돌아올까

•   매경: 시세 7.5억<공시가 7.9억…"집값 내려도 세금 더 내라니"

•   매경: 공시가 현실화율 정부 목표는 90%?

•   매경: 대만 6년 걸려 현실화율 80%, 한국은 1년…공시가 `과속` 논란

•   한경(P1): 기류 확 바뀐 HDC현산…범현대家도 "아시아나 포기가 낫다"

•   한경: 위기에 규제 대거 풀었지만…원격의료 허용은 또 미뤘다

•   한경: "한국판 뉴딜은 대규모 토목공사 아닌 디지털 투자"

•   한경: 문 대통령 "위기 거세게 닥쳐오고 있지만…하나의 일자리라도 반드시 지킬 것"

•   서경(P1): 1분기 선방 삼성전자···2분기 실적은 먹구름

※   삼성전자: 2020년 1분기 삼성전자 경영설명회

•   서경: 삼성 "믿을 건 반도체"...올해도 설비투자에 20조 이상 쏜다

•   서경: 적게 팔고 많이 챙긴 삼성폰...2분기 실적은 빨간불

•   서경(P1): '경제버팀목' 무역수지마저 무너졌다

•   서경(P1): 저비용 항공사 추가지원 검토

•   서경: [단독]"비용 줄이자" 포스코 주4일 근무 비상경영

•   조선(P1): 전국민 100만원, 내달 4일부터 순차 지급

•   조선(P1): 언택트 기업들만 코로나에 버텼다

•   조선(P1): 與핵심들 "이익공유제·토지공개념 추진해야"

•   조선: "시장경제에 어긋나… 기업들 해외 탈출 부추길 것"

•   조선: 180석+α 로 '토지공개념 개헌' 밀어붙이나

•   조선: 손님이 직접 와서 개통해야 하는데… 스마트폰은 울상

•   조선비즈: 돈 되는건 다 파는 두산그룹, 건설은 매각하기 어려운 까닭은

•   중앙: “회식은 부장만 원한다”

•   문화(P1): 中企 85% “경제위기 1년 이상 지속될 것”

•   문화(P1): 정부 - 민노총 ‘원포인트 대화’ 한노총도 참여 가닥… 경사노위 사실상 무력화

•   문화: <세종관록>의외였던 홍남기 소신행보… 관가 “뚝심 뒤에 文이 있었네요” 결론

•   경향: 기후변화·미세먼지 주범 “석탄화력발전 멈춰라” [포토뉴스]

•   머니투데이: [현장클릭]고통분담 없는 이해관계자, 두산중공업 회사채 투자자

•   헤럴드경제: 알짜 매물 두산솔루스…‘대기업 고객사’ 가 인수 걸림돌?

•   파이낸셜뉴스(P1): 3차추경에 세제지원까지… 내수살리기 속도전

•   파이낸셜뉴스: ‘코로나 선방’ 한국車, 글로벌 점유율 높였다

•   파이낸셜뉴스: 코로나에, 총선에 밀렸던 분양… 올 최대물량 내달 쏟아진다

•   파이낸셜뉴스: 주산연 "올해 주택투자 20% 감소"

•   아시아경제: 대기업 지원 어디까지…부담스러운 금융권

•   연합: 두산인프라코어 영업이익 1천810억원…코로나에 28% 감소

※   두산인프라코어: 2020년 1분기 기업설명회 자료

•   연합: 제주 대정해상풍력발전, 도의회서 최종 부결…사업 제동

•   뉴스1: 두산밥캣 1분기 영업익 7300만달러…전년比 27.8% 감소

※   두산밥캣: 1Q 기업설명회

•   EBN: 두산 박정원호, 신성장동력 재구축 '특명'

•   오피니언뉴스: 두산, 밥캣을 포기할 수 있을까?...가능성도, 효과도 크지 않아

•   뉴스웨이: [공시]두산중공업, 8000억 규모 단기차입금 증가 결정

•   뉴스투데이: [뉴투분석] 두산중공업에 올인하는 '박정원 구상'은 뭔가

•   더구루: [단독] 두산, '3900억' 中 연료전지사업 추진…CNNC 자회사 '협력'

•   Power Engineering: Volkswagen orders Doosan Škoda steam turbines for Wolfsburg auto plant

•   reNews: EU Industrial Strategy 'lacks role for renewables'

•   reNews: GE Renewable Energy falls deeper into the red

•   reNews: Iberdrola earnings rise on green spending splurge - reNews - Renewable Energy News

•   Renewables Now: Goldwind's Q1 net profit zooms 291.5% Y/Y

•   Equipment Journal: Doosan's ADT line up features new suspension, driveline and cab

•   Equipment World: How location is playing a critical role in the coronavirus impact on construction

•   건설경제: "韓주택시장, 버블붕괴 당시 일본과 달라…가격급락 없을 것"

•   OilPrice.com: Another Big Shale Driller Stops Operations In The Bakken

•   OilPrice.com: Crashing Fuel Demand Leads To Large Loss For This Big U.S. Refiner

•   CNET: Amazon, IBM and Microsoft race to bring global access to quantum computing

•   CNET: Galaxy Fold 2 rumors: August release date, no word yet on price

•   Phone Arena: How will COVID-19 impact the future of the smartphone industry: round table

•   Network World: Supply-chain woes put the brakes on hyperscale data centers

•   Network World: Industrial robots could 'eat metal' to power themselves

•   Robotics & Automation News: The Future of Self-Driving Construction Equipment

•   Robot Report: Cobots save Coty Cosmetics $500,000 per year

•   Inbound Logistics: How IoT Can Optimize Overwhelmed Supply Chains

•   Nikkei Asian Review: Japan to extend state of emergency

•   Nikkei Asian Review: Golden Week tests Japan's loose 'stay home' request

•   Nikkei Asian Review: Singapore and Japan jobless rates show coronavirus pain setting in

•   Nikkei Asian Review: Japan lower house approves 25tn yen extra budget to counter virus

•   Nikkei Asian Review: Japan's small factories and eateries struggle to save jobs from virus

•   Economic Times: Considerable lockdown relaxations in many districts from May 4, says home ministry

•   Livemint: GST collections for April and May set to decline drastically

•   Business Standard: Rating downgrade by Moody's, negative outlook by Fitch likely, warns Nomura

•   Business Standard: Covid-19 fallout: UBS pegs FY21 India growth at -0.4%, a four decade low

•   Folha de S.Paulo: Bolsonaro Brushes off Questions about Mounting Coronavirus Deaths

•   Folha de S.Paulo: Brazil Breaks 24 hour Record for Coronavirus Deaths with 474

•   Jakarta Post: BI injects $32.7b into financial system as rupiah strengthens

•   Viet Nam News: PM allows rice export resumption from May 1

[Opinions]

•   Project Syndicate(Minxin Pei): COVID-19 Is Finishing Off the Sino-American Relationship

•   Project Syndicate(Joschka Fischer): The Virus that Changed the World

•   Project Syndicate(William H. Davidow, Michael S. Malone): Dopamine Capitalism

•   Project Syndicate(Jim O’Neill): Reading the COVID-19 Market

•   Project Syndicate(J. Bradford DeLong): American Carnage

•   Project Syndicate(Christopher Pissarides, Pietro Garibaldi, Espen R. Moen): Lessons from the Economic-Epidemiological Frontier

•   FT(Editorial Board): The dangers of cramped coronavirus hotspots

•   FT(Philip Stephens): Xi and Putin are the big losers from this pandemic

•   FT(Gary Cohn): Coronavirus is speeding up the disappearance of cash

•   FT(Lloyd Green): The American Confederacy is rising again under Trump

•   FT(Baldev Bhinder): Unseen risks of commodity trade finance

•   FT(Sam Fleming): Von der Leyen faces challenge to meet EU budget expectations

•   FT(Daniel Dombey): Spain’s lockdown exit points to new ways of working

•   FT(John Plender): Wave of corporate defaults owes much to foolhardy share buybacks

•   FT(Laurence Fletcher): The hedge fund class of 2020 is more resilient than in 2008

•   WSJ(Walter Russell Mead): Democrats Should Support America’s Oil Industry

•   WSJ(Karl Rove): Biden Leads With His Jaw

•   NYT(Thomas L. Friedman): How Sweden Is Dealing With the Coronavirus

•   NYT(Ioan Grillo): The Specter of Mexico’s Coronavirus Crash

•   NYT(William D. Cohan): Who’s Profiting From the Coronavirus Crisis?

•   NYT(Michelle Cottle): Joe Biden Is Not Hiding. He’s Lurking.

•   NYT(Steven Rattner): The Coronavirus Stimulus Package Is a Mess

•   WP(Paul Waldman): Trump’s latest executive order highlights our inequality crisis

•   WP(Paul Waldman): Nearly 60,000 Americans are dead. The Trump administration says it’s a great success.

•   WP(Randy Maniloff): You Must Wear a Mask—or You May Not

•   WP(Paul S. Atkins): Borrower Beware: Cares Loans Carry a Steep Cost

•   WP(David J. Lynch, Abha Bhattarai): Push to reopen economy runs up against workers and consumers worried about risk

•   WP(Sean Sullivan, Matt Viser, Annie Linskey): Democrats react to Biden assault allegation with pleas for explanation — or with silence

•   WP(Michael Carpenter): Putin has just made two huge mistakes — and his timing couldn’t be worse

•   WP(Nikki Haley): China’s coronavirus actions are just one of many threats it poses

•   Bloomberg(Bill Dudley): Fed Lending Faces a Tough Slog on Main Street

•   Bloomberg(Noah Smith): Trump’s Immigration Lockdown Will Weaken America

•   Bloomberg(Brian Chappatta): Will the Fed’s Bond Buying Be as Powerful as the Idea?

•   Bloomberg(Brian Chappatta): Fed Will Keep Easy Policy Way After Coronavirus Subsides

•   Bloomberg(Liam Denning): Negative Oil Scars Will Linger for Frackers

•   Bloomberg(John Authers): Fear Not, the Stocks Rally Has a Simple Explanation

•   Bloomberg(Marcus Ashworth): The $793 Billion Credit Market Recovery Is on Shaky Ground

•   Bloomberg(Brooke Sutherland): Boeing and GE Stare Down an Aerospace Apocalypse

•   Bloomberg(Anjani Trivedi): A Wave of Bad Loans Could Swallow China's Banks

•   Bloomberg(Ferdinando Giugliano): What Bankers Are Really Worried About

•   Bloomberg(Lionel Laurent): We’ve Lost Time in the Race for a Covid-19 Cure

•   Bloomberg(Hal Brands): China Has No Reason to Make a Deal on Nuclear Weapons

•   Bloomberg(Ramesh Ponnuru):Letting States Declare Bankruptcy Isn't a Dumb Idea

•   Bloomberg(Cass R. Sunstein): The Democrats Are Divided, Just Not in the Way We Think

•   Bloomberg(Max Nisen): What Covid-19’s Second Wave Could Look Like

•   Bloomberg(Tim Culpan): Netflix Binges Are Just Fine With Samsung

•   Bloomberg(Joe Nocera): Lockdown Critics May Have Some Valid Points

•   CNBC(Lord Jitesh Gadhia): Coronavirus UK: Britain needs an economic model for lockdown easing

•   CNBC(Robert Greifeld): Pandemic moves Modern Monetary Theory from the fringes to actual US policy

•   CNN(Jamie Metzl, Andrew Hessel, Hansa Bhargava): The next pandemic could be even worse

•   MarketWatch(Paul Brandus): If Moscow and Riyadh think they can put the U.S. shale industry out of business, they’d better think again

•   MarketWatch(Anne Cafer, Meagen Rosenthal): Coronavirus is ‘a silent disaster’ for rural states in the South

•   MarketWatch(Ariel Maidansky): The future of commercial real estate — the weak get shaken out and the strong take over whole new markets

•   Fox Business(David McIntosh): To kick-start coronavirus recovery economy, our government must do these 3 things: Club for Growth President

•   중앙(이정재): 탈원전 폐기, 지금이 적기다

•   헤럴드경제(이상훈): 로봇