Business Intelligence Monitor 200828

(Introduction)

[Markets]

•   Global: Shares, dollar climb as Fed lays out new inflation strategy

※   MSCI’s global index climbs to new highs

※   S&P 500, Nasdaq also at new records on inflation push

※   Dollar gains as Fed pushes new strategy, as expected

※   Longer-dated Treasuries move up on inflation outlook

※   Macro 백업표

※   Industry 백업표

•   China: Yuan hits 7-month high, but gains moderate ahead of Powell speech

•   한국: 코스피, 5일만에 하락…코로나 재확산 우려

•   한국: 두산그룹주 약세, 두산퓨얼셀 두산밥캣 3%대 하락 두산중공업 상승

•   Japan: Chipmaker Kioxia to raise up to $3.6bn in Japan IPO

•   Metals: Copper turns positive on U.S. Fed address

•   Grains: U.S. corn, soybean, wheat futures rally

•   DRAM: D램 현물가 5달 만에 반등…가격하락 완화 청신호

[Indicators]

•   US Q2 GDP(rev.): US GDP Q2 2020 second reading plunged by worst-ever 31.7%

•   US Jul. Pending home sales: U.S. Pending Home Sales Top Forecasts, at Highest Since 2005

•   US Weekly Jobless claims: Unemployment Claims Remain Historically High

•   China Jul. Industrial profits: China's industrial profits grow at fastest pace since mid-2018

•   한국 1분기 임금 근로 일자리: 일자리 43만개 늘었다는데… 2030은 6만개 줄어

•   한국 기준금리: 올해 -1.3%…22년만에 최악 역성장

※   한국은행: 통화정책방향(2020.8.27)

※   한국은행: 경제전망(2020.8월)

※   매경: `韓, OECD 1위` 평가 들뜨더니…`3단계 격상`땐 -2% 성장도 위태

※   한경: 이주열 "금리 인하 여력 있다"

•   한국 주간 아파트 가격(감정원): 서울 아파트 값 12주째 올라…전셋값도 61주 연속 고공행진

※   매경: "엄마, 우리 서울 떠나?" 전세난민 몰려 경기 전셋값 급등

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Pence Headlines as Republican Convention Focuses on Military, Law Enforcement

•   WSJ: Fed Approves Shift on Inflation Goal, Ushering in Longer Era of Low Rates

※   Fed: Federal Open Market Committee announces approval of updates to its Statement on Longer-Run Goals and Monetary Policy Strategy

•   WSJ: Fed’s Elevation of Employment Goal Reflects a Changed World

•   WSJ: Job Seekers, Homebuyers, Stock Investors Are Expected to Benefit From Fed’s New Strategy

•   WSJ: New U.S. Coronavirus Cases Rise, as Hurricane Laura Affects Testing

•   WSJ: U.S. Announces Deal With Abbott Laboratories for 150 Million Rapid Covid-19 Tests

•   WSJ: Hurricane Laura Slams Into Gulf Coast, Weakens to Tropical Storm

•   WSJ: America’s Energy Corridor Narrowly Averts Direct Hit From Hurricane Laura

•   WSJ: World Bank Halts Report Amid Concerns of Data Manipulation

•   WSJ: $454 Billion Treasury Fund Goes Mostly Unused

•   WSJ: Millennials Help Power Housing-Market Rebound

•   WSJ: Newsletter: Deep Contraction, Hurricane Hit and Millennial Power

•   WSJ: With Second Stimulus Checks on Hold, Americans Spend Less at the Grocery Store

•   WSJ: TikTok CEO Kevin Mayer Quits as Trump Pushes Chinese App to Sell U.S. Business

•   WSJ: TikTok’s Founder Wonders What Hit Him

•   WSJ: Walmart Joins Microsoft’s Pursuit of TikTok

•   NYT: With Wisconsin Unrest as Backdrop, Republicans Intensify Law-and-Order Message

•   NYT: How Chaos in Kenosha Is Already Swaying Some Voters in Wisconsin

•   NYT: R.N.C. Skims Over Trump’s ‘Unfinished Business’ in Foreign Policy

•   NYT: Turkey Braces for Yet Another Currency Crisis

•   WP: GOP voters say they enjoy the ‘Trump Show’ but want to see a plan for second term

•   WP: How Trump's company charged the Secret Service more than $900,000

•   WP: Laura forecast: Arkansas, Kentucky and Mid-Atlantic next in tropical storm’s path

•   FT: Chinese military drill ratchets up tension with Washington

•   FT: Russia announces probe into alleged attack on Navalny

•   FT: Von der Leyen confronts trade policy deficit as Hogan resigns

•   FT: Germany aims to raise up to €6bn in first green bond sale

•   FT: EU capitals take harder attitude towards UK

•   FT: Russia ready to deploy police in Belarus if situation worsens

•   FT: Pandemic triggers surge in eurozone bank deposits

•   FT: Russia blames US for military convoy crash in Syria

•   FT: Payments for English self-isolating on low incomes to be trialled

•   FT: Brazil’s spending cap debate unnerves investors

•   FT: Is this the end for America’s mom-and-pop stores?

•   FT: Failure by WHO team to visit Wuhan sparks concerns over virus probe

•   FT: Thailand: young protesters break kingdom’s biggest political taboo

•   FT: Porsche presses on with electric vehicle launches in Tesla battle

•   FT: India’s Huawei snub prompts new crisis for Chinese telecoms group

•   Bloomberg: China’s Economic Rebound Picks Up Speed on Car and Home Sales

•   Bloomberg: Top Firms Hurt Economy by Hoarding Know-How: Jackson Hole Paper

•   Bloomberg: Restaurants Can’t Find Workers Even Amid Historic Unemployment

•   Bloomberg: Latin America Bank Candidate Seeks to Bridge Left-Right Gap

•   Bloomberg: Slow Recovery Ahead for India’s Economy as Animal Spirits Stir

•   Bloomberg: Argentina Won’t Seek Fresh IMF Funding in Upcoming Talks

•   Bloomberg: German Economic Crisis Response Could Have Sting in the Tail

•   Bloomberg: China’s Ailing Factories Need a Little Christmas Cheer

•   Bloomberg: U.S. Top Farm Negotiator Tones Down Approach to China Trade Deal

•   Bloomberg: Villeroy Says Credible Inflation Goal to be Heart of ECB Review

•   Bloomberg: Top Dubai, Israeli Banks in Cooperation Talks After Peace Deal

•   Bloomberg: Historic Economic Contraction in Canada Masks Strong Rebound

•   Bloomberg: Fannie-Freddie Foreclosure Suspension Extended to Year’s End

•   Bloomberg: Gulf States Dive Deeper Into Deflation as Pandemic Grips

•   Bloomberg: S. Africa May Be First in Region to Produce Covid-19 Vaccine

•   Reuters: Exclusive: ByteDance asks TikTok to draw up U.S. shutdown contingencies: sources

•   Reuters: EU signs contract with AstraZeneca on supply of potential COVID-19 vaccine

•   Reuters: EXCLUSIVE-Indian state refiners halt oil imports from Chinese cos -sources

•   Reuters: French government expects COVID-19 vaccines from end of 2020 or early 2021

•   Reuters: Freeport Indonesia to ease mine lockdown in bid to end protest

•   Reuters: Argentina daily COVID-19 cases top 10,000 for first time

•   CNN: 90% of employers say working remotely hasn't hurt productivity

•   CNN: Amazon is opening a new grocery store filled with smart devices

•   CNBC: WHO says children do play a role in coronavirus spread

•   CNBC: How effective Covid-19 vaccine must be to end pandemic: study

•   CNBC: 25% of U.S. malls are set to shut within 5 years. What comes next?

•   MarketWatch: Moderna and Pfizer’s COVID-19 vaccine candidates require ultra-low temperatures, raising questions about storage, distribution

•   MarketWatch: U.S. Treasury's record debt auctions may swamp market appetite without more support from Federal Reserve

•   SCMP: Taiwan stuck at a crossroads with US and China over trade deals, facing conflicting prospects

•   SCMP: Chinese companies ramp up basic R&D spending as US tech decoupling looms: report

•   SCMP: China’s semiconductor drive stalls in Wuhan, exposing gap in hi-tech production capabilities

•   매경(P1): 건강보험료율 2.89% 인상…`文케어 적자` 보험료로 메꿔

•   매경: [단독] 소득세율 인상에 세금 매년 1조씩 증가…타깃은 부자·부동산

•   매경: 임대차법 거센 후폭풍…서울 아파트 전세 10건 중 2건 `신고가`

•   매경: 서울 고가아파트 22% 오를때, 저가는 38% 뛰어 상향평준화

•   매경: [단독] 국토부, 지자체 `공시가격 낮추기` 막는다

•   매경: 두산 `3조 자구안` 8부능선 넘어…미래성장 이끌 `캐시카우` 절실

•   매경: 두산重, 단기차입금 많지만 유동성 위험은 작아

•   매경: "해상풍력등 성장동력, 내년 하반기께 성과"

•   매경: LG화학 `배터리 분쟁` 첫승…SK이노 합의하나

•   매경: 올 코로나19 타격 심각했다…중기 10곳 중 8곳 매출 급감

•   매경: 데이터센터·자율車…엔비디아 `만능 GPU`로 인텔 넘본다

•   한경(P1): 거리두기 3단계 격상 예고에…"충격 3배" 경제계 '패닉'

•   한경: 실내외 10인 이상 모임 금지…경제활동 멈춰 사실상 '봉쇄'

•   한경(P1): 코로나 대출' 또 만기연장…이자 납부도 6개월 늦춰준다

•   한경: GDP 대비 상속·증여세 비중, 한국이 OECD 평균의 4배

•   서경(P1): 공모주 개인에게 더 준다

•   서경(P1): 현대판 음서제' 비판에도··· 대법 “기아차 산재유족 특별채용 단협 유효”

•   서경: TSMC 내달리는데..삼성 '사법리스크 발목' 언제까지

•   서경: [시그널] M&A업계 "깜짝 카드? 실현 어렵다"... 아시아나 '노딜' 무게 실리나

•   서경: [단독]삼성, '무선배터리 공유' 특허소송 당해...갤노트20도 포함

•   서경: 산 깎아 설치할 필요 없이...유리창 이용해 태양광발전

•   조선: 서울 이달 확진자 1784명… 1~7월 합친 것보다 많아

•   조선: 전문가들 "이대로면 9월초 하루 600~800명 확진… 3단계로 가야"

•   조선: 4배 차이나는 KB·감정원의 전셋값 상승률

•   조선: 서울 아파트 중 6억 이하 비율 3년새 57%→26%

•   조선: 작년 해외 공사 14% 감소… 국내 민간 발주 공사도 줄어

•   조선: 올 IFA는 온라인으로, 중국만 신제품 잔치

•   동아(P1): 65세 경로우대 기준, 70세 안팎 상향 추진

•   동아: ‘지하철 무임’ 70세로 상향 가능성… 정년연장 논의도 재점화

•   동아: 치료효과 검증도 안됐는데… 환자 혈장으로 코로나치료 가능할까?

•   문화: 주가 고꾸라진 ‘高배당주’… 중간배당도 못한다

•   머니투데이: 코로나 재확산에 식사시간 쪼갠다..車업계 생산차질 차단 주력

•   헤럴드경제: 기업들 빨라진 ‘눈물의 자산 구조조정’

•   파이낸셜뉴스(P1): 35조 늘어난 빚…‘종잇조각’ 된 재정운용계획

•   파이낸셜뉴스: "3년간 4만명 채용" 약속 지킨 이재용… 삼성, 내달 공채

•   아시아경제(P1): [단독]삼성·LG전자 재택근무 첫 도입…코로나 대응 수위 높인다

•   아시아경제: 대기업도 3단계 대비 내부 매뉴얼 강화…재택 확대·식사 이원화

•   아시아경제: 자영업자 거리두기 3단계에…"지금도 유령도시, 생계 깜깜" "코로나 잡힌다면 빨리 시행"

•   디지털타임스(P1): 세금에 허리 휜다… 국민부담 27.3% 역대 최고

•   이투데이: ‘모트롤’사업부 매각에 장고 들어간 두산, 9월로 결론 미뤄지나

•   아시아타임즈: 中이어 美서 볕드는 두산밥캣…수혜·실적 기대감 ‘쑥’

•   더팩트: 조수애·박서원, SNS 언팔 이상기류에 추측 난무…공식입장은?

•   reNews: Siemens Gamesa unveils growth plan

•   Asian Power: Growth opportunities arise for green hydrogen in Asia Pacific | Asian Power

•   에너지경제: 이제는 신남방·동북아 시대'...'에너지포럼 2020' 내일 개막

•   에너지데일리: [초점] 주요국 수소전략 추진 방향-미국…청정에너지 전략②

•   Industrial Vehicle Technology: Ultra-efficient Stage V excavator launched by Doosan

•   OilPrice.com: Chinese Data Shows Beijing Continues Iranian Oil Imports

•   OilPrice.com: Hydrogen Is Cleaning Up One Of The World’s Dirtiest Industries

•   OilPrice.com: Putin Would Like To See Oil Prices Above $46 Per Barrel

•   OilPrice.com: Coal’s Share Of Global Energy Supply Has Increased Since 1973

※   IEA: Key World Energy Statistics 2020

•   MINING.com: BHP to set fresh targets for emissions reduction by 2030

•   CNET: Bollinger Deliver-E electric van concept wants to haul your future packages

•   디지털데일리: 코로나19·美中갈등, PC업계 판도 바꾸나…韓 반도체도 ‘긴장’

•   Phone Arena: Samsung sets special Galaxy Z Fold 2 5G Unpacked Part 2 event

•   Robotics & Automation News: Millions of microscopic robots could be used to fight diseases inside the body

•   Dronelife: DJI on U.S. Government Drone Regulation and Fear-Based Policies: “Everyone Pays”

•   Nikkei Asian Review: Honda to launch first mass-produced electric car in October

•   Nikkei Asian Review: Apple supplier JDI to sell plant to Sharp for $380m

•   Nikkei Asian Review: China's local governments ride to the rescue of EV startups

•   Mainichi: Gov't retains assessment Japan economy 'picking up' in Aug. report

•   Mainichi: RCEP states make 'significant' progress in trade talks without India

•   Business Standard: Indian farmers driven to debt as banks turn risk-averse during pandemic

•   Hindustan Times: States may borrow to meet revenue shortfall

•   Hindustan Times: Covid-19 ‘Act of God’, may result in contraction of economy: Nirmala Sitharaman

•   Hindustan Times: ‘Govt’s response to Covid-19 fiscally very responsible’: RBI Governor

•   Hindustan Times: ‘Haven’t exhausted our ammunition in fight against Covid-19’: RBI Governor

•   Hindustan Times: GST compensation may jump 89% in FY-21 at Rs 3.12 lakh crore

•   Hindustan Times: Coronavirus Affects 99.1% of Brazilian Cities, Says Ministry of Health

•   Folha de S.Paulo: Coronavirus Affects 99.1% of Brazilian Cities, Says Ministry of Health

•   Jakarta Post: Vale projects $120 million in 2020 capital expenditure

•   Jakarta Post: PSI is pro-business': Giring plans to boost economy through 2024 presidential bid

•   Viet Nam News: Rooftop solar power needs more policy support

[Opinions]

•   Project Syndicate(Paul Munday, Lisa Schroeer): How Better Climate Data Can Help the Municipal Market

•   Project Syndicate(Ifeanyi M. Nsofor): The COVID Comorbidity Crisis

•   Project Syndicate(Koichi Hamada): Epidemics, Economics, and Externalities

•   Project Syndicate(Jean Pisani-Ferry): Trump’s International Economic Legacy

•   FT(Editorial Board): The Fed’s welcome inflation evolution

•   FT(Martin Sandbu): Big questions for central bankers

•   FT(David Pilling): Is the coup making a comeback in Africa?

•   FT(Dan Senor): Social unrest will strengthen Trump’s hand

•   FT(Sarah Keohane Williamson): US short-termism on ESG investing will hurt growth

•   FT(Arminio Fraga, Guillermo Ortiz): Brazil’s and Mexico’s presidents are both ‘wrecking balls’

•   WSJ(Daniel Henninger): Joe Biden Can’t Restore Normalcy

•   WSJ(Joseph C. Sternberg): A Coronavirus Lesson About the Modern State

•   NYT(Editorial Board): Three Trump Supporters Have a New Target: Germany

•   WP(Editorial Board): It’s not flashy politics, but the Fed’s new inflation policy will shape the country for years

•   Bloomberg(Editorial Board): Tracking Donald Trump's Presidency Ahead of 2020 Election

•   Bloomberg(Daniel Moss): Abenomics Finally Finds Its Moment of Genius

•   Bloomberg(Justin Fox): The Rise of Work-From-Home Towns

•   Bloomberg(Brian Chappatta): Fed Jackson Hole Meeting: Powell Can't Talk U.S. Economy Into Inflation

•   Bloomberg(Robert Burgess): The Fed Is Taking a New Approach to Inflation

•   Bloomberg(Andreas Kluth): Alexey Navalny: Putin Always Wins Any Staring Contest with Merkel

•   Bloomberg(Tim Culpan): It Took a Pandemic for Xiaomi to Realize Its Vision

•   Bloomberg(Mark Gilbert): Coronavirus Recovery: A Chance For EU to Become The Green Bond King

•   Bloomberg(Mark Buchanan): California Blackouts: Climate Change Is Outpacing the Power Grid

•   CNN(Randy Charles): Opinion: Raising taxes on the rich would help reduce wealth gap

•   문화(서균렬): 장마 태풍…탈원전 폐기 더 화급해졌다

•   헤럴드경제(박상진): 수소경제 첫발 인프라 구축