Business Intelligence Monitor 200507

(Introduction)

[Markets]

•   Global: World shares mixed amid hopes for business pickup; oil slips

※   Stocks meander as data offsets recovery hopes

※   Oil falls as supply glut offsets lockdown easings

※   Dollar, yen gain on bleak global economic data

※   Macro 백업표

※   Industry 백업표

•   Eurozone: Euro weakens after German court ruling on ECB’s bond-buying

•   한국: 코스피, 경제활동재개 기대에 1.76% 상승…1,920선 돌파

•   한국: 국고채 금리 사상 최저…외환시장도 급속 안정

•   Turkey: Turkish lira nears record low after efforts to curb selling

•   Metals: Copper gains for third day on easing virus lockdowns, yuan move

•   Grains: Soybeans, corn end lower as demand flags; wheat eases on weather

[Indicators]

•   US Apr. Employment: U.S. Nonfarm Private Sector Lost 20.2 Million Jobs in April

•   Eurozone Apr. Service PMI: Recession Deepens in Europe’s South Amid Lockdown Damage

•   Germany Mar. Factory orders: German Factory Orders Slump With Virus Shutdown Freezing Economy

•   UK Apr. Construction PMI: UK construction activity collapses in April

•   한국 2019년 노동생산성: 생산성본부 "작년 노동생산성 1.4% 상승 그쳐"

•   한국 4월 아파트 매매: 서울 아파트 4월 거래량 '반토막'…1년2개월 만에 최저

•   한국 4월 외환보유액: 4월말 외환보유액 4천40억달러…한달새 38억달러 증가

•   한국 4월 건설기업 경기실사지수: 건설체감경기(CBSI) 60.6…4월 수치로는 역대 최저

•   India Apr. Service PMI: India’s service activity sinks at historic rate in April, PMI at 5.4

•   Brazil Benchmark rates: Brazil Cuts Key Rate to 3% And Anticipates More Easing Ahead

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: The Tricky Math Behind Coronavirus Death Predictions

•   WSJ: U.S. Coronavirus Cases Surpass 1.2 Million

•   WSJ: Uber Cuts Jobs, Lyft Reports Loss as Pandemic Upends Ride-Share Model

•   WSJ: Coronavirus Casts Deep Chill Over U.S.-China Relations

•   WSJ: China Challenges Pompeo to Show Proof Coronavirus Came From Wuhan Lab

•   WSJ: Deficit Fears Put Senate Republicans and Trump on Collision Course

•   WSJ: How Germany Kept Factories Open During the Pandemic

•   WSJ: Treasury to Increase Auction Sizes of Longer-Dated Securities

•   WSJ: Democrats Revisit Stimulus Bill’s Tax Breaks for Businesses

•   WSJ: Newsletter: Exports Slump, Services Tumble

•   WSJ: Tax Deductions Tied to Forgiven Small Business Loans Draw Support

•   NYT: As Hunger Swells, Food Stamps Become a Partisan Flash Point

•   NYT: Did a Mutation Turbocharge the Coronavirus? Not Likely, Scientists Say

•   NYT: An Auto Plant Shutdown, With a Loophole for Corvette Workers

•   NYT: Gap Plans to Reopen Up to 800 Stores by the End of May

•   NYT: Apple iPhone SE Review: A Superb Smartphone for a Humble Price

•   WP: Americans deeply wary of reopening as White House weighs ending covid-19 task force

•   WP: A massive drop in car sales sparks new push in Congress to aid the auto industry

•   WP: Children are falling ill with perplexing inflammatory syndrome thought to be linked to covid-19

•   FT: Germany’s Länder break ranks with Merkel to ease lockdown

•   FT: US looks to step up economic action against China

•   FT: Demographics, economy and death tolls boost Biden in polls

•   FT: Johnson looks to border checks as price for easing lockdown

•   FT: Putin to ease lockdown despite rise in Covid-19 cases

•   FT: ECB to resist German court order to justify bond purchases

•   FT: US truck sales a bright spot as GM ekes out a profit

•   FT: Spain’s parliament votes to extend lockdown powers

•   FT: Brussels and Britain clash over climate conditions in trade deal

•   FT: Bank of England policy report: What to look out for

•   FT: Government delays overhaul of business rates

•   FT: Why the US-China trade deal is now at risk of falling apart

•   FT: Brussels warns outbreak threatens eurozone’s stability

※   European Commission: Spring 2020 Economic Forecast: A deep and uneven recession, an uncertain recovery

•   FT: VW hails speed of car sales recovery in China

•   FT: Renewables sector shrugs off devastating effects of coronavirus

•   FT: Debt relief: which countries are most vulnerable?

•   FT: Cycling lanes, wider pavements: How EU cities rethink public transport

•   FT: German court ruling casts doubt on European monetary policy

•   FT: UK grapples with phasing out job furlough scheme

•   FT: Coronavirus: return to work divides US meat industry  

•   FT: Britain’s economy set for a ‘significant decline’, says ONS

•   FT: More than £2bn lent under ‘bounce back’ scheme on first day

•   Bloomberg: Infecting Subjects May Speed Covid Vaccine Studies, WHO Says

•   Bloomberg: Australia Turns to Economic Reboot as Winter Raises Virus Fears

•   Bloomberg: Riskiest Firms in India Struggle to Sell Debt After Fund Closure

•   Bloomberg: Boeing Supplier Restarts Work on 737 Max in Step to Jet’s Comeback

•   Bloomberg: China Considers Dropping Numerical GDP Growth Target for 2020

•   Bloomberg: BlackRock’s Fink Delivers Grim Outlook With Tax Hikes for Corporate America

•   Bloomberg: Hundreds of Earnings Calls Show Companies More Scared Than 2008

•   Bloomberg: China Is Virtually Alone in Backing Africa’s Dirty Coal Projects

•   Bloomberg: As Pandemic, Oil Hammers Texas, Rest of the U.S. Waits for the Spillover

•   Bloomberg: Trump Pivots to ‘Phase Two,’ Risking More Death to Save Economy

•   Bloomberg: Argentina Says It’s Open to New Debt Proposals From Creditors

•   Bloomberg: In a Gloomy Oil Market, India Pump Prices Echo $100-Plus Crude

•   Bloomberg: ECB’s First Problem on German Court’s QE Demand Is Who Responds

•   Bloomberg: Brazil’s Soybean Boom Looks Unfazed by U.S.-China Trade Deal

•   Bloomberg: It’s Not 1918 Again. The Economic Pain Is Worse

•   Bloomberg: Euro-Area Exports Face Slump, Will Rebound ‘Incompletely’

•   Bloomberg: ECB Faces No Shortage of Rebuttals to German Court’s QE Attack

•   Bloomberg: Fed’s Bullard Urges U.S. Reopening to Avoid Risk of Depression

•   Bloomberg: Vaccine Could Have More Results by Year-End, Moderna’s Zaks Says

•   Bloomberg: Does Basic Income Work? Finland Study Finds Happiness, No Jobs

•   Bloomberg: Emerging-Market Watchers Say Another Sell-Off Is Approaching

•   Reuters: White House says relationship with China is disappointing, frustrating

•   Reuters: New coronavirus spread swiftly around world from late 2019, study finds

•   Reuters: Merkel: we can be a bit bold but must be careful on easing lockdown

•   Reuters: WHO warns against rushed end to coronavirus lockdowns

•   Reuters: Exclusive: U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards - sources

•   Reuters: Spokesman for Brazil's President Bolsonaro tests positive for coronavirus

•   Reuters: Turkey starting new phase in coronavirus battle, government says

•   Reuters: Indonesia warns on COVID-19 poverty setback as regional elections postponed

•   Reuters: Iran's Rouhani pledges crushing response if U.S. extends arms embargo

•   Reuters: EU aims to counter Chinese, Russian influence at Balkan summit

•   Reuters: Trump vetoes Iran war powers resolution

•   CNN: US debt is exploding because of the coronavirus. Is it near a breaking point?

•   CNN: How 39 million Europeans kept their jobs after the work dried up

•   CNN: The economic recovery may be shaped like the Nike swoosh

•   CNBC: Coronavirus Russia: Putin's popularity rating falls to historic low

•   CNBC: US-China political tension is major concern for investors: Economist

•   CNBC: Coronavirus: Trump says task force to continue with focus on vaccines, reopening

•   CNBC: Digital tax: Trump could unite EU around the policy, lawmaker says

•   CNBC: Coronavirus: Millions of people expected to fall ill with tuberculosis

•   US News: WHO, China in Discussions to Investigate Origin of Coronavirus

•   SCMP: China, Australia decoupling labelled ‘zombie economic idea’ amid virus fallout

•   SCMP: How coronavirus became a pandemic

•   SCMP: China’s central bank, finance ministry clash over funding for virus recovery

•   SCMP: China ‘may cut US debt holdings due to virus compensation threats’

•   매경(P1): 이재용 "자녀에 경영권 안물려줄것"

•   매경: 사과문 직접 쓴 이재용 부회장…3차례나 90도인사

•   매경: 이재용 `4세경영 포기` 전격 선언…승계논란 종식 의지

•   매경: "삼성 노사문화 시대변화 부응 못해…노동3권 확실히 보장"

•   매경: 李 "국격맞는 새로운 삼성 만들것"…미래위한 변화 예고

•   매경(P1): 현대차 해외판매 70% 급감…4월 집계, 기아차도 55% 줄어

•   매경: 17년만에 최악…현대차 해외판매 10만대 붕괴됐다

•   매경(P1): 용산개발 다시 추진…정비창에 8000가구

•   국토부: 수도권 주택공급 기반 강화 방안

•   매경: 10년만에 다시 꺼낸 사전청약제

•   매경: "재개발 속도 빨라질것" vs "조합원 갈등만 커질것"

•   매경: [단독] 한국판 뉴딜 `언택트·디지털SOC` 집중

•   매경: "코로나 후 모든기업, 어쩔 수 없이 AI기업 될것"

•   매경: [단독] 기재부, 새 복지 도입때 `핀란드式 정책실험` 검토

•   매경: 법인세 증세 사례 들며…김용범 "세입기반 확충"

•   매경: `코로나 임상` 셀트리온 7월vs제넥신 6월…개발경쟁 불붙었다

•   매경: "1주택자 종부세·서민 대출규제 완화를"

•   매경: [Biz times] 코로나가 바꾼 리더십…위기 관리형 리더 지고 위기 후 내다보는 리더 뜬다

•   매경: [View & Outlook] 백신 지금 당장 개발돼도 코로나 1년 이내에 안끝나…생산능력 늘려 장기 대응을

•   매경: [Biz Focus] 코로나가 앞당긴 디지털 전환…경영에 CIO 목소리 담아라

•   한경(P1): "각 부처 내년 예산 대폭 줄여라"

•   한경: KDI의 경고…"청년층 고용 위기 상당기간 이어질 듯"

※   KDI: [KDI 현안분석] 청년 고용의 현황 및 정책제언

•   한경: 정부 "감자·법정관리 때만 의결권 행사"

•   서경(P1): SK이노 1.7조 영업손실···사상 최악 실적

•   서경(P1): 이재갑 고용부 장관 "전국민 고용보험 일시에 도입될 방안 아냐"

•   조선(P1): 생활속 거리두기 첫날… 헬스는 하고, 샤워는 참으라고요?

•   조선: 靑 "내달 개각 가능성 전혀 없다"

•   조선: "넉넉히 12조"→부랴부랴 "16조로"→결국 다 못줘

•   조선비즈: 탈원전 날벼락 맞은 두산중공업에 "풍력투자하라"는 與비례당선자

•   조선비즈: "평균 10년에서 1년 안으로"… 세계 10대 제약사 코로나 백신·치료제 개발, 시간표 빨라졌다

•   중앙: 한국판 뉴딜, 규제 완화…수퍼여당 좌우 두 토끼 잡기 전략?

•   중앙: “5월 매출 반토막 걱정, 부품 청소하며 지낸다”

•   중앙: 3월 취업자 0.7% 감소? “온전한 일자리는 10배 넘게 줄었다”

※   한국경제연구원: 전일제 환산 취업자 수, 코로나19 영향으로 IMF때 보다 감소폭 커

•   중앙: “300조원 수주 맞추려 해외에 공장” 그린 뉴딜이 시급한 까닭

※   유 원장은 "경제 회복도 과거 회귀가 아닌 과거의 잘못을 바로잡는 위기 극복이어야 하고, 지구 환경을 파괴하는 산업이나 사양산업, 좀비 산업에 대한 지원은 지양해야 한다"며 "정부의 두산중공업 지원이 과연 미래지향적이냐"고 지적

•   동아(P1): “北 신리에 ICBM 4기 동시조립 가능한 기지”

•   동아(P1): [단독]트럼프 요구 방위비 연간 13억달러… 작년대비 49% 인상

•   동아: 작년 8.2% 올렸는데 올해는 49%?… 방위비 협상 첩첩산중

•   동아: 김정은 모습 드러내자… 美, 잇단 대화 재개 시그널

•   동아: “창원시장 ‘탈원전 정책 속도조절론’ 문제 있다”

•   문화: 법원, 사내하도급 76% “불법” 판결… 기업 인력 운용 · 법무 리스크 가중

•   한국(P1): 돈 풀 곳 많지만 곳간도 걱정… 당정, 재정건전성에 ‘다른 잣대’

•   한겨레(P1): 코로나 취업 한파, 빚에 쪼들린 20대

•   한겨레: “‘석탄발전’ 두산중공업에 공적금융 2.4조 ‘깜깜이’ 지원”

•   머니투데이: 中 가던 기업들…SK는 왜 용인에 '120조 투자' 결심했나

•   머니투데이: 코로나 걸린 GM·벤츠 중단율 89%…"한국 밖은 위험해"

•   머니투데이: 세계로 열린 문, 다시 한번 '메이드 인 코리아'

•   머니투데이: "발표한 것도 못하면서"…갈등 키울 국토부 주택공급대책?

•   머니투데이: 두산퓨얼셀 실적 숨고르기…"수주는 이미 40% 이상 충전완료"

※   두산퓨얼셀: 1/4분기 두산퓨얼셀㈜ 경영실적

•   머니투데이: 한 달간 5조 팔아치운 외국인, 이 주식은 480억 샀다

•   머니투데이: 개미들 여전히 "삼성전자" 외치는데, 주가는 왜 안 오를까

•   헤럴드경제(P1): ‘C·O·R·O·N·A’…판이 바뀐다

•   헤럴드경제: 사라진 ‘성공 방정식’…10년 이어온 ‘갤럭시 신화’ 흔들

•   파이낸셜뉴스(P1): "투잡 뛴다" 월급쟁이 잔혹사

•   파이낸셜뉴스: 근원물가 상승률 ‘마이너스’ 위기… 물가·생산·고용 ‘트리플 악재’ 경고음

•   파이낸셜뉴스: 재정 강조한 기재부, 정작 2차 추경땐 재정건전성 뒷전?

•   파이낸셜뉴스: 1분기 선박 수주량 -72%…"2년 뒤 아무도 장담 못한다" [코로나19 대진단 산업지형이 바뀐다]

•   파이낸셜뉴스: GS건설, 싱가포르와 해수담수화 기술 상용화 연구

•   아시아경제(P1): 미주노선 빗장 여는 대형항공사들 "선제적 대응 차원"

•   아시아경제: 실적발표가 무섭다…떨고 있는 상장기업들

•   아시아경제: "소비회복" VS "아직 일러"…기로에 선 5월 한국경제

•   아시아경제: "韓, 방역은 성공했지만 경제반등 속도 느릴 것"

•   디지털타임스(P1): 소비절벽인데… 스마트폰 보조금 단속 나선 방통위

•   이데일리(P1): “연간 10兆 적자 날수도”… 붕괴되는 韓정유산업

•   뉴스1: 은성수 "기안기금 지원, 90% 고용 유지·협력업체 상생 조건"

※   두산중공업에 대해선 "산업은행과 협력 중인데 그것을 지켜봤으면 한다. 주거래은행과 거래를 한 것"이라며 "어떤 트랙으로 갈지는 봐야 한다"고 했다.

•   뉴스1: 대통령 당부에도 기재부-한은, 비우량 회사채 매입 놓고 '안갯속'

•   이투데이: 두산, 자산매각 등 기업가치 하락 불가피 '목표가↓'-하이투자

•   더벨: 두산건설은 왜 한진중공업보다 덜 매력적일까

•   뉴데일리: "숙련공 줄줄이 떠난다"… 두산重 구조조정 '딜레마'

•   강원도민일보: 경영난 빠진 두산, 춘천 연수원 운명은?

•   reNews: Renewables ‘drive green bond demand’ in emerging markets

•   reNews: COVID-19: Wind is ‘key building block’ for economic recovery

•   reNews: UK urged to ‘rebuild’ economy with renewables

•   reNews: COVID-19: Siemens Gamesa plunges into the red

•   Equipment Journal: Kobelco USA debuts its first Generation 11 excavator - Equipment Journal

•   OilPrice.com: OPEC’s Second Largest Oil Producer Isn’t Complying With Output Cuts

•   OilPrice.com: Russia Predicts U.S. Oil Output Will Drop By 2-3 Million Bpd

•   MIT News: Study finds stronger links between automation and inequality

•   전자신문(P1): "글로벌공급망 재편 대응·K-방역 세계화"...'코로나 이후 산업' 새판 짠다

•   전자신문: [포스트 코로나] 세계 경제·산업 불확실성 대비...각 분야 선제 전략 세운다

•   전자신문: 반도체 장비업계, 코로나에도 1분기 실적 호조

•   전자신문: LG화학-GM, 배터리 합작사 '얼티엄 셀즈' 설립

•   전자신문: '남아도는 전기'…지난달 최대전력 증가율 줄곧 '마이너스'

•   전자신문: 코로나19 백신 후보물질 개발…올해 안에 전임상 끝낸다

•   Phone Arena: The LG Velvet 5G price is official, and it's... not as great as we expected

•   Phone Arena: Honor to launch another 5G smartphone on May 20

•   Hannover Messe News: Secure power supply also possible in 2050

•   Robotics Business Review: Developing Robots for Agriculture: Vision Robotics’ Harvey Koselka Interviewed

•   Robotics Tomorrow: The Doctor Will See You Now - Exploring the Future of Surgical Robots

•   Nikkei Asian Review: Coronavirus curbs LNG demand in China, Japan and South Korea

•   Nikkei Asian Review: China's global campaign for virus-response praise met with silence

•   Nikkei Asian Review: Pandemic to usher in new world order with China on top: Dalio

•   Economic Times: Lockdown 3.0: Some auto cos resume production, others prepare to restart manufacturing

•   Business Standard: SBI to grant moratorium to NBFCs on case-by-case basis amid Covid-19 crisis

•   Folha de S.Paulo: Brazil Records 600 New Deaths from Coronavirus in 24 hours and Breaks Record

•   Folha de S.Paulo: Bolsonaro Accuses Moro of Leaking Reports

•   Moscow Times: Russia’s Economic Woes Continue to Mount During Coronavirus Outbreak

•   Jakarta Post: Indonesia’s economy heads into turbulence as Q1 growth plunges: Economists

•   Jakarta Post: Virus, climate change cause food shortages in parts of Indonesia

•   Jakarta Post: ‘No need for unusual policies’: BI refuses to print money to support economy

•   Jakarta Post: BI sees growth bottoming in Q2, pledges to use all instruments to bolster economy

•   Jakarta Post: Foreign companies go ahead with acquisition plans despite COVID-19 pandemic

•   Jakarta Post: Up to 12.3m people may fall into poverty in Q2: CORE

•   Jakarta Post: Government to allow public transportation to operate, but still bans ‘mudik’

•   Viet Nam News: Việt Nam’s economy could thrive again after social distancing eased, says WB

[Opinions]

•   Project Syndicate(Kaushik Basu): Who’s Afraid of COVID-19?

•   Project Syndicate(Willem H. Buiter): Germany’s Judges Declare War on the ECB

•   Project Syndicate(Arvind Subramanian): The Threat of Enfeebled Great Powers

•   Project Syndicate(Joseph E. Stiglitz et al): Restructuring Argentina’s Private Debt is Essential

•   Project Syndicate(Kemal Derviş, Sebastián Strauss): The Carbon-Tax Opportunity by

•   Project Syndicate(Ilona Szabó): Brazil Needs Intensive Care

•   FT(Editorial Board): Finding a Covid-19 vaccine needs a global effort

•   FT(Edward Luce): Premature US reopening plays Russian roulette with its workers

•   FT(Mohamed El-Erian): Three key takeaways from the earnings season

•   FT(Robert Armstrong): Companies are dangerously drunk on debt

•   FT(Stephen Roach): We risk a return to 1970s stagflation

•   WSJ(Walter Russell Mead): What Trump Has in Common With Napoleon

•   WSJ(William A. Galston): A Bipartisan Plan to Support State Budgets

•   WP(Editorial Board): Trump is pushing to reopen too soon. The consequences could be tragic.

•   WP(Lawrence H. Summers): Given what we’re losing in GDP, we should be spending far more to develop tests

•   WP(Jennifer Rubin): Reopening the economy won’t avert a serious recession

•   WP(Alexandra Petri): The White House model for ending the virus by May 15 is just not ambitious enough

•   WP(Cui Tiankai): Chinese ambassador: Ignoring the facts to blame China will only make things worse

•   WP(Max Boot): Trump isn’t the only populist leader losing the battle against the coronavirus

•   Bloomberg(Daniel Moss): Malaysia Will Be Crucial to Asia’s Covid-19 Damage Control

•   Bloomberg(Conor Sen): U.S. Risks Coronavirus Recession 2.0

•   Bloomberg(Noah Smith): Why Coronavirus Is Punishing the Economy More than Spanish Flu

•   Bloomberg(Brian Chappatta): The U.S. Yield Curve Is Holding Up for Now

•   Bloomberg(John Authers): Listen to the Numbers, Not the Spin

•   Bloomberg(Marcus Ashworth): Germany Tries to Find Out Who Its Investors Are

•   Bloomberg(Clara Ferreira Marques): Looking for a Glowing Commodity? Try Uranium

•   Bloomberg(Jonathan Bernstein): Trump Should Worry About His Approval Rating

•   Bloomberg(Noah Feldman): America Has No Plan for the Worst-Case Scenario on Covid-19

•   Bloomberg(Hal Brands): Can a Broke America Fight a Cold War With China?

•   Bloomberg(Andreas Kluth): Germany’s Supreme Court Deserves Our Thanks

•   Bloomberg(Linda Yueh): The Unemployment Number We Should Really Watch

•   Bloomberg(Ben Schott): Coronavirus Threatens Incomes That Migrants Send Home

•   Bloomberg(Jim Bianco): Buy When the Fed Is Buying Won’t Work Anymore

•   CNN(Tom Daschle, Bill Frist): The US should be a leader in the global fight against Covid-19

•   MarketWatch(Nigam Arora): Stock market could get spooked if opening the economy means more deaths

•   MarketWatch(Paul Brandus): How small businesses can stay afloat during the pandemic without government help

•   MarketWatch(Howard Gold): Economic expert with perfect record calling recessions is betting this one will be over by the end of 2020

•   MarketWatch(Kerry Hannon): Why COVID-19’s impact on the job market is far worse for older workers

•   Fox Business(Nicolas Loris): After coronavirus, forget tariffs, subsidies — These 3 things will put US on road to recovery

•   매경(김상협): 대전환시대, 그린뉴딜을 소환하다

•   머니투데이(이진우): 두산 '생존이 내일이고 미래다'