Business Intelligence Monitor 200501

(Introduction)

[Markets]

•   Global: Global equities dip at end of best month since '09

•   Indonesia: Rupiah strengthens to below Rp 15,000 per US dollar for first time since mid-March

•   Metals: Copper set for biggest monthly gain since Dec 2017 on China recovery

•   Grains: Soybeans rally on export demand, end-month position-squaring

[Indicators]

•   US Mar. PCE: Coronavirus Prompts Record Drop in Consumer Spending

•   US Mar. Savings rate: The savings rate hit its highest level since 1981

•   US Apr. Chicago PMI: Chicago PMI fall to 35.4 in April: report

•   US Weekly Bloomberg consumer comfort index : U.S. Consumer Comfort Registers Smallest Decline in Six Weeks

•   US Weekly Jobless claims: U.S. Over 3.8 Million Americans Filed for Jobless Benefits Last Week as States Struggle With Coronavirus Claims Surge

•   US Weekly Mortgage rates: Mortgage Rates Tumble to a Record Low With 30-Year at 3.23%

•   Eurozone Benchmark rates: ECB in fresh push to lend to banks at ultra-low rates

※   ECB: Monetary policy decisions

•   Eurozone Q1 GDP: Eurozone economy shrinks by fastest rate on record

•   China Apr. Manufacturing PMI: China Factory Data Show Global Slump Weaken Nascent Recovery

•   한국 4월 회사채 거래: 회사채시장 양극화…A등급도 안팔린다

※   매경: 현대車 회사채 5배 수요 몰릴때…A급은 팔려면 `떨이`해야

※   매경: "정작 필요한 곳엔 지원 않고"…채안펀드에 시장 불만

※   한경: "年 3%대 금리가 어디냐"…회사채로 몰리는 개미들

•   Japan Mar. Industrial production: Japan's March industrial output falls 3.7% on month

•   Japan Mar. Department store sales: Japan department store sales slid by record-breaking 32.7% in March

•   Japan Apr. Consumer confidence index: Japan consumer confidence hits record low amid pandemic

•   India Mar. Core industries production: Core sector output shrinks 6.5% in March as Covid-19 takes its toll on the economy

•   Vietnam Apr. CPI: April CPI down 1.54%

•   Russia Apr. Manufacturing PMI: Russian Manufacturing Gauge Slumps to Lowest Since Records Began

•   Mexico Q1 GDP: Mexico Economy Falls Most Since 2009 And The Worst Is Yet Ahead

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Amazon’s Sales Jump as Coronavirus Prompts Surge in Online Shopping

•   WSJ: Apple Sales Edge Higher, Showing Resilience in Pandemic

•   WSJ: Coronavirus Mutations Map the Global Outbreak

•   WSJ: Federal Reserve Expands Business Lending Program

•   WSJ: Liquidity Crisis or Solvency Crisis? It Matters to Fed

•   WSJ: Workers Likely to Fare Better in Nations With Coronavirus Job-Retention Programs

•   WSJ: Newsletter: A First Quarter to Forget

•   WSJ: Small Oil Drillers Are Turning Off Taps More Quickly Than Anticipated

•   NYT: Trump Officials Are Said to Press Spies to Link Virus and Wuhan Labs

•   NYT: Millions Had Risen Out of Poverty. Coronavirus Is Pulling Them Back.

•   NYT: Stymied in Seeking Benefits, Millions of Unemployed Go Uncounted

※   EPI: New survey confirms that millions of jobless were unable to file an unemployment insurance claim

•   NYT: States Made It Harder to Get Jobless Benefits. Now That’s Hard to Undo.

•   WP: Trump is angry about his poll numbers. And he has good reason to be.

•   FT: Gilead to produce 1m courses of remdesivir by year’s end

•   FT: Russia’s PM tests positive for coronavirus

•   FT: China faces wave of calls for relief on ‘Belt and Road’ loans

•   FT: Boeing taps bond market for $25bn to weather cash drain

•   FT: Germany postpones decision on reopening schools

•   FT: Five ways the ECB can bolster the eurozone’s pandemic firepower

•   FT: Liquidity driven markets seek more from the ECB

•   FT: Boris Johnson promises road map out of lockdown

•   FT: Johnson seeks route out of coronavirus tunnel

•   FT: Britain demands EU give ground to save talks on future relationship

•   FT: UK minister admits it is ‘probable’ virus testing target will not be met

•   FT: Coronavirus and hard Brexit — the last combination the UK needs

•   FT: Turkey digs in for currency battle

•   FT: Coronavirus leads to ‘staggering’ drop in global energy demand

※   IEA: Global Energy Review 2020

•   FT: Academics probe links between coronavirus and toxic air pollution

•   FT: Coronavirus forces investor rethink on social issues

•   FT: Norway to cut oil production by 13%

•   FT: Grim Powell sets Fed up for the long haul

•   FT: Europe’s biggest economies hone details on easing out of lockdown

•   FT: How central and eastern Europe contained coronavirus

•   FT: India: the millions of working poor exposed by pandemic

•   FT: Joe Biden seeks to stir up drama over his running mate

•   FT: How coronavirus broke America’s healthcare system

•   Bloomberg: Bill Gates Says Virus Vaccine Could Take as Little as 9 Months

•   Bloomberg: FDA Moving at ‘Lightning Speed’ on Gilead Drug, Commissioner Says

•   Bloomberg: Shell CEO Says Pandemic May Change the Oil Business Forever

•   Bloomberg: Extent of Claims Backlog Is Unclear, U.S. Labor Secretary Says

•   Bloomberg: State Unemployment Funds Going Broke From Flood of Claims

•   Bloomberg: Just as Virus Deaths Soar, Brazilians Emerge From Quarantine

•   Bloomberg: America’s Restaurants Start to Open Up, With a Side of Anxiety

•   Bloomberg: The World Embraces Contact-Tracing Technology to Fight Covid-19

•   Bloomberg: Germany’s New Coronavirus Cases Increase the Most in Four Days

•   Bloomberg: How Will Johnson Lift the U.K.’s Lockdown? What We Know

•   Bloomberg: South African Treasury Sees Large Revenue Gap Due to Virus

•   Bloomberg: Italy’s Virus Deaths, New Cases Fall Amid Record Recoveries

•   Bloomberg: Virus Throws New Wrench into U.S.’s Moribund Offshore Wind Plans

•   Bloomberg: Google Enters Upside Down World of Renewable Supply and Demand

•   Bloomberg: Iran Is Hauling Gold Bars Out of Venezuela’s Almost-Empty Vaults

•   Bloomberg: Glencore Joins in Mining Industry’s Rush to Cut Spending

•   Reuters: Exclusive: Trump says China wants him to lose his re-election bid

•   Reuters: China commerce ministry says unaware of any North Korea delegation visit

•   CNN: GM and Ford lay out plans to restart their US factories

•   CNN: Volkswagen and Fiat Chrysler postpone restarting US factories

•   CNBC: Sweden had no lockdown but its economy is expected to suffer just as badly as its European neighbors

•   CNBC: Trump says he’s ‘in charge’ of ‘fast track’ work to produce a coronavirus vaccine

•   CNBC: AstraZeneca, Oxford should know by July if coronavirus vaccine works

•   CNBC: Coronavirus creating $1 trillion revenue loss for oil and gas companies

•   Fox Business: Fauci warns states against ‘tempting’ a coronavirus rebound

•   KFYR-TV: Employees concerned over Doosan Bobcat COVID-19 safety

•   SCMP: Three months after lockdown, China’s economic recovery is uneven

•   SCMP: As China and Australia clash over Covid-19 probe, traders fear the worst

•   매경(P1): 코로나 극복 대화는커녕…勢대결로 날새는 양대노총

•   매경: 공사장 난투극·조합원 뺏기…`밥그릇 싸움` 열올리는 양대노총

•   매경: 과도한 세 경쟁땐 노동자 외면 받을수도

•   매경: `강성`으로 바뀐 한국노총, 갈등 더 키워

•   매경(P1): 재난지원금, 취약계층에 4일부터 지급

•   매경: "채권형 펀드에 분리과세 `당근`줘야"

•   매경: 삼성전자, 꿈의 이미지센서로 소니 추격

•   한경(P1): [단독] 재개발 때 임대주택 더 지으면 분양가상한제 풀어준다

•   한경(P1): 출근하면 협력사부터 챙기는 사장님…달라진 '을'의 위상

•   한경(P1): '전면 개헌' 군불 때는 與…토지공개념·대통령 연임제 밀어붙이나

•   한경(P1): [단독] 서울시, 이달 초 현대차 GBC 착공 허가

•   한경: SOC 연기하고, 기금 끌어오고…2차 추경 12.2조원 재원 마련 '꼼수'

•   한경: 코로나에 희비 엇갈린 애플·삼성…'계란' 나눠담은 삼성이 옳았다

•   한경: "위기 때 복원력 강한 공급망 분산이 낫다"

※   kotra: 코로나19가 불러올 글로벌 밸류체인 변화

•   한경: "묻고 더블로 가"…12조 통과되자마자 30조 추경 꺼내든 여당

•   한경: "내 월급 깎일 수도"…우울한 가계 전망

•   한경: 더 복잡해진 고리1호기 '해체 셈법'

•   한경: "바꾸고, 없애고, 홀렸다"…현대·기아차 '코로나 치명상' 피한 비결

•   한경: 삼성전자·SK하이닉스, 美 빅데이터 업체 투자

•   한경: 지각변동 美 ETF시장 보면…'포스트 코로나' 주인공 보인다

•   한경: 한동대, 수소 에너지 신기술 개발 나서

•   조선(P1): 탈원전 2년만에 7조 날아갔다

•   조선(P1): 국내 감염 0명

•   조선(P1): 對北 정찰위성 예산까지 깎아 지원금

•   조선: 서울~강릉 6시간30분, 제주 식당선 "30분 기다리세요"

•   조선: 사라진 김정은… 평양도 수군거리기 시작했다

•   중앙: 부모가 내 건보 얹혀있어도, 주소 다르면 재난지원금 각각 받아

•   동아(P1): 트럼프 “韓 돈 더 내기로 합의” 靑 “합의한 것 없다”

•   동아: 靑관계자 “트럼프 특유의 판 흔들기”… 방위비 13% 인상안 고수

•   동아: 도심서 드론 날릴수 있게 자유화구역 연내 지정

•   동아: 로봇이 호텔서 수건 건네고… 점심식사 배달까지

•   국민: 원통형 전기차 배터리, 3년 뒤 시장규모 2배로

•   서울: 두산重·현대차 위기가 낳은 고용 투쟁… 노사 갈등 증폭

•   이데일리(P1): 19일째 사라진 김정은…韓경제 복병되나

•   이데일리: 한국 경제 'V자형' 회복이냐 'L자형' 침체냐…2분기가 분수령

•   이데일리: P-CBO 내달 발행..비우량 회사채 몰린다

•   Windpower Monthly: Germany's negative price rules bring negative consequences

•   FuelCellsWorks: Extracting Hydrogen from Natural Gas Using Microwave Plasma Technology - FuelCellsWorks

•   KHL: Doosan helps take down pipe bridge

•   KHL: Bobcat dealer ‘resurrects’ rare loader

•   Equipment Journal: Deere's 700L and 750L dozers are built for the modern operator

•   Equipment World: Are contractors willing to buy equipment in the midst of the coronavirus?

•   Equipment World: AEM survey: 91% of construction equipment makers seeing decreased equipment demand due to coronavirus impacts

•   OilPrice.com: Oil Producers Insist On 'No Zero Price' Contracts

•   Verge: Clean energy could get Americans back to work post-pandemic

•   Phone Arena: Massive iPhone 12 leak reveals impressive pricing for 5G iPhones

•   Phone Arena: Apple's 2020 iPhone 12 lineup pictured in beautiful design renders

•   Phone Arena: Samsung Galaxy Note 20 rumor review: 5G, massive camera, no notch?

•   Inside EVs: Tesla Q1 Deliveries And What To Expect In 2020

•   Robot Report: Productive Robotics OB7-Stretch cobot offers longer reach, lighter payload

•   Robot Report: How Siemens designed a disinfection robot in 1 week

•   Robot Report: Realtime Robotics controller aims to simplify industrial robotics deployments

•   Nikkei Asian Review: Japan GDP to shrink 22% in Q2 in biggest postwar drop: forecast

•   Nikkei Asian Review: Japan's retailers and manufacturers hunker down for longer closures

•   Nikkei Asian Review: Toyota and Honda to ramp up China plants to make up lost output

•   Nikkei Asian Review: Japan to secure $9.3bn in capital for coronavirus-threatened SMEs

•   Nikkei Asian Review: Toyota and Canon among companies freeing patents to fight virus

•   Mainichi: BOJ chief hints at emergency meeting to spur corporate financing

•   Economic Times: India Inc's profit, revenue to fall in double-digits in FY21: Crisil

•   Folha de S.Paulo: Supreme Court Justice Suspends Bolsonaro's Federal Police Appointment

•   Folha de S.Paulo: Brazil Has the Highest Rate of Coronavirus Contagion in the World, Says Study

•   Jakarta Post: Only one third of manufacturers still operating: Govt

•   Jakarta Post: Government to offer bonds worth $57.1b until year-end

•   Jakarta Post: 70% of textile companies could go out of business because of COVID-19: Association

•   Jakarta Post: Southeast Asia’s private equity investment slows in 2019, outlook gloomy

•   Jakarta Post: Explainer: What does the oil price crash mean for Indonesia?

•   Jakarta Post: Bank Indonesia buys US$11.2b in govt bonds to support rupiah, financing needs

•   Viet Nam News: Many sectors will recover quickly due to high market demand: experts

•   Myanmar Times: COVID-19 risks inflicting long-term economic pain on Myanmar

[Opinions]

•   Project Syndicate(Jean Pisani-Ferry): Building a Post-Pandemic World Will Not Be Easy

•   Project Syndicate(Simon Johnson, Peter Boone): From Lockdown to Lock-In

•   Project Syndicate(Mark Leonard): Salvaging Globalization

•   Project Syndicate(Bertrand Piccard): Business Leaders Commit to a Clean Economic Recovery

•   Project Syndicate(Sachin Silva, Juergen Braunstein): What Caused the COVID-19 Testing Deficit?

•   FT(Editorial Board): ETFs have proved critics wrong during the crisis

•   FT(Gillian Tett): US stock market rally confuses liquidity with solvency

•   FT(Edward Luce): The golden age of Jared Kushner

•   FT(Martin Sandbu): Rebuilding better after Covid-19, part 1

•   FT(David Gardner): Failure of oil price war may cost Putin dear

•   FT(Chris Giles): Lockdown contraction is not following usual script

•   FT(Jamie Powell): Tesla: taking a step back

•   FT(David Pilling): Africa’s Covid-19 response is a glimpse of how things could be different

•   FT(Claire Jones): To save the eurozone, the ECB must turn back time

•   FT(Lex): US reopening/stocks: dicing with disaster

•   FT(Lex): Tesla: Elon Musk unplugged

•   FT(Lex): Coronavirus vaccine: an epidemic of nationalism

•   NYT(Paul Krugman): Crashing Economy, Rising Stocks: What’s Going On?

•   NYT(David Brooks): Why the Trump Ploy Stopped Working

•   NYT(John M. Barry): Will Warm Weather Slow Coronavirus?

•   NYT(Peter B. Bach, Kent A. Sepkowitz): The Science on Coronavirus Is Topsy-Turvy. That’s Fine.

•   NYT(Carrie McKean): This ‘Big Oil’ Bust Is Killing My Small Town

•   NYT(Keren Landman): Georgia Went First. And It Screwed Up.

•   NYT(Stuart Blume): Get Ready for the Global Fight Over Vaccines

•   NYT(Abiy Ahmed): Why the Global Debt of Poor Nations Must Be Canceled

•   WP(Editorial Board): China has turned to bullying to avoid accountability. It may be working on Europe.

•   WP(Josh Rogin): Bill Gates is wrong. China’s coronavirus coverup is not a ‘distraction.’

•   WP(Tariq Mir): India is using the pandemic to intensify its crackdown in Kashmir

•   WP(Rokhaya Diallo): France is blaming the poor for their own deaths. But look at how it treats them.

•   Bloomberg(Noah Smith): Landlords Shouldn’t Get Away Without a Hit This Time

•   Bloomberg(Narayana Kocherlakota): Maybe the Pandemic Will Never End

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

•   Bloomberg(Andy Mukherjee): Modi's India Is Hurting. It Needs a Roosevelt

•   Bloomberg(Liam Denning): Elon Musk and Tesla Bulls Are So Over This Covid-19 Panic

•   Bloomberg(Liam Denning, Brooke Sutherland): All Those Parked 747s Herald Peak Oil Demand

•   Bloomberg(Brooke Sutherland, Brian Chappatta): Boeing and Bond Traders Brace for Junk

•   Bloomberg(Clara Ferreira Marques): Wild Oil Markets Leave Shanghai a Little Dizzy

•   Bloomberg(Ferdinando Giugliano): Christine Lagarde Can't Solve the Covid-19 Crisis

•   Bloomberg(Lionel Laurent): France Tries Next Extraordinary Human Experiment

•   Bloomberg(Jonathan Bernstein): Trump’s Recovery Plan Looks Like a Fantasy

•   Bloomberg(Noah Feldman): Trump’s Coronavirus ‘Orders’ Are Just Suggestions

•   Bloomberg(Andreas Kluth): Why Germany Will Never Be Europe’s Leader

•   Bloomberg(Michael R. Strain): The Many New Indicators of an Epic Job Collapse

•   Bloomberg(Max Nisen): Operation Warp Speed Needs to Waste Money on Vaccines

•   Bloomberg(Gary Shilling): Stock Traders Should Heed the Lessons of the 1930s

•   Bloomberg(Mark Buchanan): It’s 2024, and We’re Still Stuck at Home

•   Bloomberg(James Gibney): The Coronavirus Is Not Trump’s Vietnam

•   Bloomberg(Neil Barofsky): Why the Small-Business Bailout Went to the Big Guys

•   CNBC(Karen Firestone): The market comeback seems callous, but investors are betting on a bright post-crisis future

•   CNN(Kent Sepkowitz): Eye-opening South Korea study on Covid-19

•   MarketWatch(Brett Arends): COVID-19 crisis sparks ‘early retirement’ wave

•   MarketWatch(Pierre Briançon): Economic data results are bad and will get worse. Better get used to it. But what does it mean?

•   MarketWatch(Caroline Baum): Trump’s claims about building the best economy rang hollow even before the virus knocked out the service sectors

•   MarketWatch(Alex `Sandy’ Pentland): How to reopen the U.S. economy and keep workers safe without ‘Big Brother’ watching us

•   MarketWatch(Satyajit Das): Too many investors are failing to grasp that the coronavirus recession may be longer and tougher

•   매경(손정락): 더 늦기 전에 LNG 발전소 표준화 나서야

•   뉴스1(김동규): [기자의눈] 두산중공업을 살려야 하는 이유