Business Intelligence Monitor 200508

(Introduction)

[Markets]

•   Global: Stocks climb on China trade relief, while U.S. jobs data dents dollar

※   China exports rise 3.5% y/y vs forecast -15.7%

※   Weekly U.S. initial jobless claims reach 3.169 million

※   Long-term U.S. yields lifted by tidal wave of new debt

※   Turkey’s lira slumps to record low

※   Oil swings around $30 a barrel

※   Macro 백업표

※   Industry 백업표

•   한국: 코스피, 소폭 하락…1,920대 약보합 마감

•   Metals: Copper rises on China demand recovery, exports surprise

•   Grains: Futures rebound on Chinese buying, U.S. Midwest frost concerns

[Indicators]

•   글로벌 1분기 전기차용 배터리 사용량: 배터리도 `K 파워`… LG화학, 세계 첫 1위

•   US Mar. Consumer borrowing: U.S. Consumer Borrowing Falls Most Since 2010 Amid Coronavirus

•   US Weekly Jobless claims: Unemployment Claims Data Point to Record Wave of Job Loss

•   Germany&France Mar. Industrial production: Europe’s Industry Battered by Lockdowns Nations Aim to Lift

•   UK Benchmark rates: BoE warns UK set to enter worst recession for 300 years

※   BoE: Bank Rate maintained at 0.1% - May 2020

※   BoE: Monetary Policy Report and Interim Financial Stability Report - May 2020

※   FT: BoE’s ‘Panglossian’ view of V-shaped recovery called into question

•   China Apr. Foreign reserves: China FX reserves unexpectedly rise to $3.091 trln in April

•   China Apr. Balance of Trade: China Counters Coronavirus Crunch With a Surprise Rise in Exports

※   SCMP: Medical supplies and virus lockdown backlogs boosted China’s April exports

•   China Apr. Service PMI: China’s services industry continued to struggle in April despite lockdown lift

•   한국 2019년 가계동향조사: 작년 가계 소비지출 역대 최대폭 감소… 세금으로 더 나갔다

※   동아: 3년새 2번 통계기준 바꿔… 과거와 비교도 못하는 통계 낸 정부

•   한국 1분기 재정수지: 1분기 재정적자 55조원 '역대 최악'

※   머니투데이: 숨넘어가는 기업들…3월 법인세 31% 사라졌다

•   한국 1분기 시도 서비스업생산 및 소매판매: 2020년 1/4분기 시도 서비스업생산 및 소매판매 동향

•   한국 3월 경상수지: 3월 경상흑자 62억달러…"수출감소한 4월엔 적자 가능성"

•   한국 5월 주택사업경기실사지수 전망치: 주택사업경기 코로나 위기서 벗어나나…5월 전망치 반등

•   한국 주간 아파트 가격(감정원): [아파트 시황] 서울 아파트 값 5주 연속 하락세

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Daily Coronavirus-Case Count Surges

•   WSJ: Trump Administration Still Crafting Guidelines for Businesses to Reopen

•   WSJ: Coronavirus Brings California Mass Unemployment, Huge Budget Hole, Governor Says

•   WSJ: The Glut Drowning the Oil Market

•   WSJ: ECB Offers to Pay Banks to Keep Credit Flowing, but Lenders Say ‘No’

•   WSJ: Sweden Avoided a Coronavirus Lockdown. Its Economy Is Hurting Anyway.

•   WSJ: Newsletter: Jobless Claims, Germany’s Example and China’s Exports

•   WSJ: Restaurants Reopen, but Not Everyone Is Returning to Work

•   WSJ: Among New Coronavirus Antibody Tests, Limited Value and Many Unknowns

•   WSJ: Coronavirus Hijacks the Body From Head to Toe, Perplexing Doctors

•   WSJ: Uber’s First-Quarter Loss Balloons on Coronavirus Impact

•   NYT: Justice Dept. Drops Case Against Michael Flynn

•   NYT: The Results Are In for the Sharing Economy. They Are Ugly.

•   NYT: Government Orders Alone Didn’t Close the Economy. They Probably Can’t Reopen It.

•   NYT: Where the Small Business Relief Loans Have Gone

•   WP: Senate falls well short of overriding Trump’s veto of measure restricting his military authority on Iran

•   WP: Trump vows complete end of Obamacare law despite pandemic

•   WP: The White House said it was following health experts’ advice. Then we learned it isn’t approving a key CDC document.

•   WP: As Iowa reopens, workers are being forced to choose between a paycheck and their health

•   WP: SBA slashes disaster-loan limit from $2 million to $150,000, shuts out nearly all new applicants

•   FT: Lagarde says ECB ‘undeterred’ by German court challenge

•   FT: Treasury market sends bearish signals as stocks rise

•   FT: Denmark and Norway announce further loosening of lockdown

•   FT: Most Americans trust governors over Trump on reopening, poll shows

•   FT: Franco-Dutch alliance could be harbinger of things to come in EU trade deals

•   FT: Domestic tourists provide Chinese economy with a boost

•   FT: Billionaire vs president — Assad family dispute grips Syria

•   FT: The loneliness of the recovery trade

•   FT: EU increases pressure on Britain over Irish Sea customs border

•   FT: Boris Johnson urges ‘maximum caution’ over easing lockdown

•   FT: Saudi Arabia shows Asia focus with renewed oil price discounts

•   FT: Paris and The Hague say EU must toughen enforcement of green trade

•   FT: Turkey bans FX trades with UBS, Citi and BNP as lira hits record low

•   FT: EU draws criticism over consent to China censorship of coronavirus article

•   FT: Breaking down the eurozone’s worst recession in history

•   FT: Crunch time for US tenants and landlords

•   FT: Argentina plans to set $45 oil price in push to save Vaca Muerta

•   FT: Can companies still afford to care about sustainability?

•   FT: Private-equity backed companies dominate lowest depths of junk

•   FT: From blood clots to ‘Covid toe’: the medical mysteries of coronavirus

•   FT: Investors fear Italy is heading for ‘junk’ borrower status

•   FT: Ending furlough scheme early will cost jobs, business warns

•   Guardian: World tourism faces worst crisis since records began, says UNWTO

•   Bloomberg: China Study Finds 5% to 15% of Covid-19 Cases Are Reactivated

•   Bloomberg: U.S., China Trade Chiefs to Speak as Trump Threatens Deal

•   Bloomberg: Brazil Economy Czar’s Frustration Grows Over Lost Budget Battles

•   Bloomberg: Pandemic’s Economic Toll Sparks New Call in U.S. to Abolish WTO

•   Bloomberg: Small-Business Owners Say PPP Isn’t the Solution They Need

•   Bloomberg: Cleveland Fed Research Points to Less Severe Unemployment Rate

※   Cleveland Fed: The Unemployment Cost of COVID-19: How High and How Long?

•   Bloomberg: ECB Insists It Must Go Beyond Normal Tools, IMF Says Buckle Up

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

•   Bloomberg: Trump Trade Bailout Overpaid Farmers, Favored Cotton, Study Says

•   Bloomberg: Tesla and Detroit Automakers Get Green Light to Reopen Plants

•   Bloomberg: Pandemic Gives WTO Critics in U.S. a New Line of Attack

•   Bloomberg: The World’s Longest Economic Growth Streak Could Keep on Running

•   Bloomberg: Even Euro Pessimists May be Under-Pricing the Currency’s Dangers

•   Bloomberg: German ECB Foes Focus on Next Battle: The Virus Rescue Plan

•   Bloomberg: German New Coronavirus Infections Increase the Most in Six Days

•   Bloomberg: Junk Bond Buyers Fear Borrowers Are Keeping Them in the Dark

•   Bloomberg: Guindos Says ECB More Determined Than Ever to Help Economy

•   Bloomberg: Japan Inc. Net Profit May Have Missed Initial Forecasts by 18%

•   Bloomberg: World Economy Plummeted 4.8% in April, Tracker Shows: Chart

•   Bloomberg: Oil Giants Haven’t Completely Forgotten About Climate Amid Crash

•   Bloomberg: Climate Change Is a Complex Problem, But Complex Financial Products Aren’t the Solution

•   Bloomberg: The New Math for Investors in a World of Cheap Energy

•   Bloomberg: Moderna Rallies on Accelerated Covid-19 Vaccine Push

•   Reuters: Exclusive: Peru mines set to restart; to hit 80% production in a month - industry official

•   Reuters: Italy's daily coronavirus death toll falls, new cases broadly stable

•   Reuters: Brazil's Bolsonaro says must get economy back on track as soon as possible

•   CNBC: Wall Street is too optimistic as global economies start reopening, Stephen Roach warns

•   CNBC: Unemployment benefits for the self-employed may be less than expected

•   CNBC: Parts of Asia that relaxed restrictions without a resurgence in coronavirus cases did these three things

•   CNBC: Fed's Harkin doubts likelihood of negative rates even though the market is pricing them in

•   MarketWatch: The economy can’t really come back until consumers feel safe

•   Fox Business: Michigan extends coronavirus stay-at-home order, opens manufacturing statewide

•   Fox Business: Trump open to additional coronavirus tax deadline delays

•   Fox Business: Fed's Kashkari says US economy faces slow recovery from coronavirus until there's a vaccine

•   SCMP: Australian government push to tap China market heats up industry debate about over-dependence

•   SCMP: Indonesians dodge travel ban, raising fears of virus spike in regions

•   SCMP: China car sales set to rise 0.9 per cent in April, industry body predicts

•   매경(P1): 고용보험 사각지대 93만명에 150만원 지급

※   기재부: 제2차 비상경제 중앙대책본부 회의 개최

•   매경: 3~4월 소득·매출 급감한 프리랜서·자영업자에 석달간 고용안정금

•   매경(P1): 증권사 ELS 발행 사상 첫 총량규제

•   매경(P1): 분당·일산을 `뉴강남`으로 리뉴얼하자

•   매경: 30년 기반시설 다진 1기신도시…미래 커넥티드시티로 개조

•   매경: 비접촉 승강기·재택근무실…`언택트 주택` 시대 온다

•   매경: 용적률 거래 숨통 터주면…분당·일산에도 `랜드마크 주거단지`

•   매경: `뉴강남`에 중산층 임대주택을…재원 마련은 리츠로

•   매경: 정책委 "기재부, 고리대금업자냐"

•   매경: 김연철 통일부 장관 "코로나 상황 종료되면 北개별관광 본격 논의"

•   매경: [MK라씨로] 삼성SDI, 배터리사업 개선에 긍정 평가 쏟아져

•   매경: 재건축과 형평성 논란 부른 `공공재개발 상한제 제외`

•   한경(P1): 하루 5조원 '불나방 베팅'…곱버스 올라탄 개미들

•   한경(P1): 달라진 위상…"내년 학술대회는 한국서"

•   한경: 中 이어 헝가리도 한국 기업인 입국 전면 허용

•   한경: 5월은 하락장?…"근거없는 격언"

•   한경: "올해 의료용 반도체 6% 성장…내년 5G폰 확산으로 업황개선 전망"

•   서경(P1): "세계경제 '다극화 체제'로 재편···신남·북방 잇는 경제허브 구축을"

•   서경(P1): SOC에 디지털 입힌다···베일 벗은 '한국판 뉴딜'

•   서경: 디지털 앞세운 한국형 뉴딜...화끈한 규제혁신 없어 성과 미지수

•   서경: '이재용의 뉴 삼성' 3대 키워드로 본 미래전략은

•   서경: 삼성 준법감시위 “이재용 사과 의미 있지만 구체적 개선안 마련돼야”

•   서경: '이재용의 뉴 삼성' 지배구조 개편 어떻게

•   서경: "법인세율 인하" VS "총고용 유지"...엇갈린 포스트 코로나 정책 제언

•   서경: 50조 기대했는데···삼성전자 올 영업익 30조도 위태

•   서경: 분양상담도 이제 ‘채팅 로봇’으로 ··· 현대건설 첫 도입

•   서경: [시그널] 삼성·LG·SK 입질에...두산솔루스 SPC 세워 통매각하나

•   조선: 탈월전 검증할 월성 1호기 감사, 작년말·올초·총선前 세차례 발표 미뤄

•   조선: 7000억 들여 고친 월성 1호기… 文정부 "경제성 없다" 돌연 폐쇄 결정

•   조선: 국내 백신 개발회사 "코로나 치료제 후보물질, 7월 이탈리아에 공급"

•   조선: "삼성이 자녀 승계 포기하면 우린?" 난감해진 재계

•   IT조선: 삼성·LG·애플 스마트폰 대전 점화…승부처는?

•   인베스트조선: 두산과 한진, 두 기업 대하는 정부의 사뭇 다른 태도

•   중앙(P1): 美, 진주만보다 더 화났다···‘美中 사이’ 또 선택 강요받는 韓

•   중앙: [현장에서] 장관님·회장님 뜻에…나도 모르게 “재난지원금 자발적 기부”

•   중앙: [뉴스분석] ‘한국판 뉴딜’…토건 유혹 견디며 일자리 충분히 만들어낼까

•   동아(P1): “다신 투자 안합니다”… 신뢰 잃은 불량금융

•   동아(P1): 확진 판정前 클럽 다니고 여행… 집단감염 우려

•   동아: 코로나 백신 언제 맞을 수 있을까

•   동아: 5월은 분양의 계절… 전국 7만 4000채 줄잇는다

•   문화(P1): “北, 核포기 안하면 美 核공격 목표될 것”

•   문화: 대규모 개발사업 확정… 강남 부동산 불 댕기나

•   문화: 두산·대한항공, 경영정상화 자구案 실행 ‘속도’

※   채권단이 삼일회계법인을 통해 진행하고 있는 두산중공업 실사가 이달 중순쯤 마무리되고 두산과 두산중공업이 오는 14일 이사회를 개최할 예정인 만큼 이르면 14일 자구안 세부안이 나올 것으로 관측

•   머니투데이: 포스코 물류 자회사 설립 결정 임박…해운업계 반발

•   머니투데이: '수요절벽' TV업계, 집콕족 잡기 위해 '승부수' 던졌다

•   헤럴드경제(P1): 文정부 3년…‘긴급 규제완화’ 20%뿐

•   헤럴드경제(P1): LG화학 ‘과학기업’으로 도약…14년만에 새로운 비전 발표

•   헤럴드경제(P1): 소주성·코로나 경제위축 文정부 ‘민간 활력 높이기’ 시급

•   헤럴드경제: LG벨벳 다음 야심작은 ‘가로본능’!

•   헤럴드경제: “아프면 집에서 3~4일 쉬라니…근로 현장 모르는 정책”

•   파이낸셜뉴스(P1): 국제선 빗장 풀렸다… 날개 펴는 항공사들

•   파이낸셜뉴스: "언택트 시대는 기회"… 코리아 반도체, 미래투자는 계속된다 [코로나19 대진단 산업지형이 바뀐다]

•   파이낸셜뉴스: "코로나 상반기 진정땐 내년 반도체 호황… 대규모 시설투자 앞당겨야" [코로나19 대진단 산업지형이 바뀐다]

•   파이낸셜뉴스: 내달부터 50억 동산담보 부실채권 매입

•   파이낸셜뉴스: 한전, 국내 첫 '망간 이차전지' 개발

•   아시아경제(P1): '발렌베리 롤모델' 삼성, 집단지배구조 로드맵 짠다…계열 분리 NO

•   아시아경제: [코로나 대변혁] QR코드로 주문·로봇이 서빙…누구와도 대면없는 한끼

•   아시아경제: [코로나 대변혁] 실외 자율주행 로봇 "음식 배달왔어요"

•   이데일리(P1): "공공부문이 앞장" 文 당부에도…공공기관 절반 채용 줄였다

•   이데일리: 두산그룹 알짜 계열사 두산솔루스, 매출·영업익 증가세 지속

※   두산솔루스: 2020년 1분기 경영실적

•   이데일리: 분양보증사고 ‘역대급’…지방건설社 ‘줄도산’ 위기

•   이데일리: 건협 "건설업, 한국형뉴딜 견인차 역할 해야"

•   연합: 에너지 정책평가 文정부 들어 최하점…"탈석탄 로드맵 필요"

•   뉴스핌: [리포트 브리핑]두산퓨얼셀, '계절성에 의한 영업적자' 목표가 10,000원 - 하나금융투자

•   뉴스핌: [리포트 브리핑]두산퓨얼셀, '예상 수준의 1분기 실적. 연간 실적 전망유지' 목표가 9,400원 - NH투자증권

•   뉴스핌: [리포트 브리핑]두산퓨얼셀, '예상했던 적자. 우호적인 정책 지속' 목표가 10,000원 - 현대차증권

•   뉴스1: 코로나19 나비효과?…'포스트코로나' 시대, 친환경 에너지 뜬다

•   뉴스1: 매각설 나오는 두산솔루스·퓨얼셀…올해 '장밋빛 전망'

•   뉴스토마토: "믿을 건 배터리뿐"…배터리 3사, 적자에도 투자는 계속

•   아이뉴스24: [컨콜] SKC "대규모 동박 증설계획 연내 발표"…두산솔루스 인수 해석

•   Renewables Now: Plug Power eyes two acquisitions as part of green hydrogen strategy

•   Renewables Now: Moody's cuts 2020 green bond sales outlook due to COVID-19

•   Renewables Now: India's solar output climbs 28% Y/Y in FY 2019/20

•   KHL: Autonomous hauling milestone for Caterpillar

•   Construction Equipment: CNH Sales Drop 15 Percent

•   건설경제: [포스트 코로나]건설기계 자동화 속도 낸다

•   OilPrice.com: IEA: These Minerals Are Essential For The Energy Transition

•   OilPrice.com: COVID-19 Infections Soar In Iran's Most Important Oil Region

•   OilPrice.com: Petrobras Halts Sale Of Huge Oilfields After Oil Price Collapse

•   MINING.com: CHART: China’s grip on battery metals supply chain

•   전자신문(P1): 산업부, 소부장 예산 70% 상반기에 쏟아붓는다…"공급망 안정·경쟁력 강화 총력"

•   전자신문: 스마트폰 부품업계 코로나19 '후폭풍'…사업 철수 등 구조조정 내몰려

•   전자신문: [이슈분석] 日 수출규제 10개월…정부, '소부장 자립' 가속페달

•   전자신문: [이슈분석]"일본은 없다"…韓 기업 '소부장 국산화' 잇단 낭보

•   전자신문: [이슈분석]韓 소부장, 상위 5개국에 70% 의존…핵심 품목 경쟁력 강화 절실

•   전자신문: '글로벌 톱10' 반도체 업체 1분기 매출 16% 증가…코로나19에도 선전

•   디지털데일리: 中 OLED 침공 본격화…BOE, 차세대 패널 ‘선점’

•   Robotics & Automation News: Robotics industry raised $46 billion funding last year

•   Robotics & Automation News: DJI launches its ‘most advanced’ commercial drone platform and first hybrid camera series

•   Robot Report: The Robot Report May 2020 issue: autonomous mobile robots

•   Robot Report: Survey finds coronavirus changing consumer comfort with AI, robots, and self-driving cars

•   Nikkei Asian Review: No specialist needed: Fujifilm cuts coronavirus test to 75 minutes

•   Nikkei Asian Review: Japan small business aid would cover two-thirds rent for 6 months

•   Nikkei Asian Review: Remdesivir approved as Japan's first coronavirus treatment

•   Nikkei Asian Review: Japan weighs unemployment benefits for furloughed employees

•   Mainichi: Southwest Japan department store cautiously reopens after virus closure

•   Economic Times: India looks to lure more than 1,000 American companies out of China

•   Economic Times: How vulnerable are India's states to Covid-19 infections?

•   Economic Times: India's coal import declines 29 per cent in April

•   Business Standard: India may see renewable, roads mega sale once the lockdown is lifted

•   Business Standard: Experts fear massive 40% fall in April GDP, call for unlocking of economy

•   Folha de S.Paulo: Brazil Records 615 New Deaths from Coronavirus and Becomes the 6th Country with Most Deaths

•   Folha de S.Paulo: Federal Government will Defend Lockdown for Cities with Higher Transmission of Coronavirus

•   Folha de S.Paulo: Bolsonaro Sees Moro as Candidate for President in 2022

•   Viet Nam News: Việt Nam’s access-to-electricity index reaches highest level so far

•   Myanmar Times: Myanmar negotiates for funds to rescue embattled economy

[Opinions]

•   Project Syndicate(Joseph S. Nye, Jr.): An Abysmal Failure of Leadership

•   Project Syndicate(Tony Blair, Agnes Kalibata): Building Food Security During the Pandemic

•   Project Syndicate(Laura Tyson): US States Need Federal Funding to Combat the Pandemic

•   Project Syndicate(Peter Singer, Kian Mintz-Woo): Put a Price on Carbon Now! by

•   Project Syndicate(Jeffrey D. Sachs): Argentina and How to Avoid Global Financial Catastrophe

•   Project Syndicate(Johan Rockström, Ottmar Edenhofer): The Global Resilience Imperative

•   FT(Editorial Board): Trump’s erratic China policy undermines western unity

•   FT(Martin Wolf): People cannot just be ordered back to work and to spending

•   FT(Martin Sandbu): Rebuilding better after Covid-19, part 2

•   FT(Christiana Figueres, Benjamin Zyche): Can we tackle both climate change and Covid-19 recovery?

•   FT(Don Weinland): China’s Covid-19 QR code surveillance state

•   WSJ(Daniel Henninger): Joe Biden and the Moralizers

•   WSJ(Karl Rove): Joe Biden’s Challenge

•   WSJ(Joseph C. Sternberg): The Coronavirus and Project Fear 3.0

•   WSJ(Michael D. Mann, Arthur Levitt Jr.): The SEC’s China Evasion

•   NYT(Paul Krugman): An Epidemic of Hardship and Hunger

•   NYT(Nicholas Kristof): The Virus Is Winning

•   NYT(Lis Smith): How Joe Biden Can Defeat Trump From His Basement

•   NYT(Jordan Ellenberg): Five People. One Test. This Is How You Get There.

•   WP(Josh Rogin): GOP to launch ‘China Task Force’ that Democrats bailed on

•   WP(Balakrishnan Rajagopal): The pandemic shows why we need to treat housing as a right

•   Bloomberg(Mohamed A. El-Erian): The Market Keeps Distancing Itself From the Economy

•   Bloomberg(Noah Smith): Inflation Is the Way to Pay Off Coronavirus Debt

•   Bloomberg(Mac Margolis): Helicopter Money Won’t Ease Latin America’s Pandemic Pain

•   Bloomberg(Tim Duy): There's Plenty of Room for Bulls and Bears

•   Bloomberg(Brian Chappatta): Steven Mnuchin Is a Rock Star to Japanese Investors

•   Bloomberg(Therese Raphael): What Boris Johnson Has Planned for Post-Lockdown Britain

•   Bloomberg(Karl W. Smith): A Capital Gains Tax Cut Won’t Help With Coronavirus Relief

•   Bloomberg(Andreas Kluth): How China Is Losing Europe

•   Bloomberg(Michael R. Strain): Let’s Provide Unemployment Benefits Without Layoffs

•   Bloomberg(Bobby Ghosh): Turkey’s Libya Gambit Gives Erdogan Some Good News

•   Bloomberg(Max Nisen): Here Are the States Where Reopening Is Riskiest

•   Bloomberg(Mark Gilbert): A Win-Win Moment Dawns for a New Bond Market

•   CNBC(Ron Insana): The market is not out of touch with reality, it's just showing how the economy has changed

•   CNN(Gayle Tzemach Lemmon): The threat to European unity from Covid-19

•   MarketWatch(Price V. Fishback, Kris James Mitchener): Here’s how unemployed Americans can do a vital job to fight the coronavirus pandemic