Business Intelligence Monitor 200902

(Introduction)

[Markets]

•   Global: Manufacturing data helps lift stocks, U.S. dollar bounces

※   Stocks climb on manufacturing data

※   Dollar bounces from lowest level since April 2018

•   Eurozone: Euro Surge Is ECB’s Newest Complication for Pandemic Economy

•   China: China’s Stock Market is Rebounding More Broadly Than the U.S.

•   한국: 코스피, '개미' 매수에 1% 상승…2,340대로 반등

•   한국: 두산그룹주 혼조, 두산퓨얼셀 2%대 상승 두산인프라코어 2%대 하락

•   Metals: Chinese data helps propel copper to 2-year highs

•   Grains: CBOT wheat hits five-month high on hopes for U.S. export sales

[Indicators]

•   US·Europe·Asia Aug. Manufacturing PMI: U.S. and Global Factory Output Picks Up, but Jobs Picture is Mixed

•   OPEC Aug. Oil production: OPEC August oil output rises for second month as cut eased: survey

•   US Jul. Home prices: Home prices suddenly see biggest gains in 2 years

•   US Jul. Nonresidential construction spending: Nonresidential Construction Spending Falls 1% in July

•   US Aug. Equipment manager confidence:Equipment Manager Confidence Unchanged

•   Eurozone Jul. Employment: Amid coronavirus: Euro zone unemployment rises to 7.9%

•   Eurozone Aug. CPI: Eurozone slides into deflation for the first time in four years

•   UK Jul. Mortgage approvals: UK mortgage approvals jump as consumers resume spending

•   한국 2분기 GDP(잠정): 소득 -2.2%, 성장률 -3.2%…12년만에 가장 우울한 2분기

•   한국 8월 무역수지: 8월 수출 9.9%↓…가까스로 한 자릿수대 감소율

•   한국 8월 완성차 5개사 판매: 車 내수마저 위축…5개 완성차 실적 `뚝`

•   한국 8월 주택가격: 새 임대차법도 못 막았다, 경기도 전셋값 64개월 만에 최대 상승

•   한국 8월 건설기업 경기실사지수: 건설업 체감경기 2개월 연속 하락…지난달 CBSI 73.5

•   Japan Q2 Capital spending:Japan April-June capital spending marks largest fall in decade

•   Japan Jul. Job availability: Japan's job availability hits 6-year low in July

•   Japan Aug. Car sales: Japan new car sales fall 16% in Aug. due to prolonged pandemic

•   India Jul. Core industry production: Core sector output shrinks by 9.6% in July

•   India Aug. GST collection: GST collection in August at ₹86,449 crore: Govt

•   India Aug. Coal production: Coal India records 7% y-o-y growth in coal production in August

•   Brazil Q2 GDP: Coronavirus tips Brazil into recession

•   Indonesia Aug. CPI: Indonesia’s inflation hits record 20-year low in August amid declining purchasing power

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: TikTok Deal Talks Are Snarled Over Fate of App’s Algorithms

•   WSJ: Trump Visits Kenosha Amid Clash Over Race Relations and Public Safety

•   WSJ: Summer Fuel Demand Disappoints, Challenging Economy

•   WSJ: New U.S. Coronavirus Infections Slow to Lowest Level in More Than Two Months

•   WSJ: Retail Eviction Proceedings Pick Up as Economy Restarts

•   WSJ: Fed Official Says Economy Faces High Uncertainty, Prominent Risks

•   WSJ: Trump Payroll-Tax Deferral Leaves Employers Wary as Plan Starts

•   WSJ: Tesla to Sell Up to $5 Billion in Stock

•   WSJ: Foldable Phones Have Flopped, but Samsung Hopes Its New Model Will Flip the Script

•   NYT: The Battleground States Biden and Trump Need to Win 270

•   NYT: Small-Business Failures Loom as Federal Aid Dries Up

•   NYT: Russians Again Targeting Americans With Disinformation, Facebook Says

•   WP: U.S. says it won’t join WHO-linked effort to develop, distribute coronavirus vaccine

•   WP: Mnuchin says significant new aid package still needed to help economy recover from coronavirus

•   WP: Joe Biden’s ‘not banning fracking’ defense, explained

•   FT: US health agency experts cast doubt on plasma for Covid-19

•   FT: Why Trump no longer talks about the trade deficit with China

•   FT: Pentagon warns of China’s growing nuclear arsenal

•   FT: Europe’s fractured contact tracing linked to post-holiday Covid-19 surge

•   FT: Lead prosecutor quits Brazil’s ‘Lava Jato’ probe

•   FT: Sunak faces dilemma over tax to fill hole in UK Treasury

•   FT: Boris Johnson quizzed over claim workers have returned to offices

•   FT: Covid-19 crisis set to push poorest nations into debt distress, Paris Club warns

•   FT: German government bullish on prospect of economic rebound

•   FT: EU seeks to improve cross-border co-ordination as Covid-19 cases rise

•   FT: Africa’s Covid-19 corruption: ‘Theft doesn’t even stop during a pandemic’

•   FT: Tesla’s nickel quest highlights metal’s environmental burden

•   FT: How investor pressure prompted oil majors to wake up to climate change

•   FT: Iran sanctions dispute poses new challenge for the UN

•   Bloomberg: How investor pressure prompted oil majors to wake up to climate change

•   Bloomberg: Xi Doubles Down on Domestic Focus as Relations with U.S. Fray

•   Bloomberg: Chinese Shoppers Splash on Luxury Goods, But Still Won’t Eat Out

•   Bloomberg: U.S. Election Priced as Worst Event Risk in VIX Futures History

•   Bloomberg: Fight Over Fish Fans a New Stage of Conflict in South China Sea

•   Bloomberg: JPMorgan Says Investors Should Prepare for Rising Odds of Trump Win

•   Bloomberg: U.S. Job Gains for Next Decade Projected to Be Much Slower Than After 2008 Crisis

•   Bloomberg: Fed’s Mortgage-Buying Spree at $1 Trillion With No End in Sight

•   Bloomberg: Economists Spar Over Whether U.K. Should Lift Tax to Tackle Debt

•   Bloomberg: Investors Welcome Argentina’s Debt Deal Amid Grim Outlook

•   Bloomberg: Three Asian Export Engines See the Good, the Bad and the Ugly

•   Bloomberg: China Ratchets Up Australian Trade Tensions With Barley Ban

•   Bloomberg: Indonesia’s Central Bank Revamp Plan Is Throwback to 1950s Model

•   Bloomberg: Japan’s New Leader Will Likely Keep Big Stimulus Rolling

•   Bloomberg: Ex-Fed Chief Yellen Defends Rate Increases Under Her Watch

•   Bloomberg: U.S. Opens Economic Front in Campaign to Expand Ties With Taiwan

•   Bloomberg: China’s Growth Rate Seen Decelerating to 2.9% in 2050: Chart

•   Reuters: U.S. extends some China tariff exclusions only through year end

•   Reuters: AstraZeneca bolsters COVID-19 vaccine supply with new deal

•   Reuters: Delivering super-cooled COVID-19 vaccine a daunting challenge for some countries

•   Reuters: Peru copper mining almost 'completely recovered' from pandemic: official

•   CNN: Saudi Arabia slashes oil shipments to America in bid to lift prices

•   CNN: Flying car successfully tested in Japan

•   CNBC: Europe sees sharp rise in the number of new coronavirus cases, as Spain and Russia infections spike

•   CNBC: What will the ECB do as inflation shrinks to -0.2% in August

•   CNBC: Apple plans to launch 5G iPhones, watches, and iPad Air in October: Report

•   CNBC: Siemens to spin-off energy business, emphasizing need for 'focus'

•   CNBC: India’s chief economic advisor says the government will not rule out short-term fiscal stimulus

•   MarketWatch: The pros are getting ready for a market crash — retail investors, not so much, top economist warns

•   MarketWatch: One stock-market metric has predicted presidential election results since 1984

•   MarketWatch: Trump’s payroll-tax executive order could mean bigger paychecks this year — but 2021 is a different story

•   Fox Business: Schumer, Pelosi call for rental assistance ahead of expected 'eviction tsunami'

•   Politico: Trump moves to ban evictions nationwide through December

•   SCMP: China’s coronavirus epicentre Wuhan returns to life, but economic scars run deep

•   SCMP: Joe Biden faces pressure to separate China trade policy from Donald Trump’s in US election

•   SCMP: South China Sea: Duterte rejects call to drop contracts with Chinese firms

•   SCMP: China-India border dispute: Beijing doubles down on claims Indian troops ‘violated consensus’

•   SCMP: US-China style trade wars could proliferate without WTO ‘reinvention’, Korean candidate Yoo Myung-hee says

•   SCMP: Coronavirus: China’s migrant workers determined to stay in cities as most see ‘no hope’ in rural hometowns

•   SCMP: China’s sovereign digital currency plans must be globally compatible to internationalise the yuan, analysts say

•   매경(P1): 檢, 수사심의위 권고 뒤집고 이재용 기소

•   매경: 檢 "총수 위한 조직적 범죄"…李측 "수사심의위 존재 스스로 부정"

•   매경: 檢 수사권 남용 비판속 1년9개월간 수사 끌어

•   매경: 3년6개월째 국정농단 재판…李, 또 수년간 법정 오갈듯

•   매경: "해외 경쟁사가 좋아할 일"…발목 잡힌 삼성, 미래투자 시계제로

•   매경: 삼성 지배구조까지 흔드나…생명이 보유한 전자株 20조 팔아야할수도

•   매경(P1): 내년 556조원 `슈퍼예산`…나랏빚 945조로 급팽창

※   기재부: 코로나 극복, 선도국가', 2021년 예산안 및 2020~2024년 국가재정운용계획

•   매경: 200조 찍은 복지·고용예산…세금으로 일자리 200만개 만든다

•   매경: 文정부 꺼리던 SOC ‘디지털` 달아 2.8조 증액

•   매경: 2022년 나랏빚 1070조원…국가신용등급 하향 `경고음` 커진다

•   매경: 깎아주는 세금 57조…3년째 법정한도 초과

•   매경: 갤폴드2, 크고 얇고 견고해졌다…커버도 6.2인치 풀스크린

•   매경: 폴더블·듀얼스크린의 공습…모토롤라·MS도 이달 출격

•   매경: "두산, 5년간 이사회안건 반대 전무"

•   매경: 첫날 경쟁률 427대1…카카오게임즈 청약 열기 `폭발`

•   한경: 내년 공무원 1만6140명 뽑는다

•   한경: 내년 재보선 앞두고 퍼주기?…지방채 인수액 4배 늘려

•   한경: 中企 1000곳의 읍소…"석탄발전 수출 막으면 발전생태계 붕괴"

•   한경: "미운 오리서 팔색조로"…두산重에 꽂힌 연기금

•   한경: "자산 건전성 악화 막자"…은행채 발행 사상 최대

•   한경: 회사채 가격, 신용등급보다 낮게 할인 거래…'안전자산' 체면 구긴 롯데쇼핑

•   서경(P1): "재난 지원 선별 지급"···이낙연·김종인 합의

•   서경: 재난지원금 40%만 소상공인에 써...野 "피해계층 중심 선별 지급해야"

•   서경: 재정준칙에 유연성?...'있으나 마나'한 준칙되나

•   서경: "권리금 안받고 두달치 임대료도 대납" 눈물의 점포 정리...IMF 데자뷔?

•   서경: 신재생 확대' 에너지 공기업 부채비율 4년 뒤 300% 넘는다

•   서경: “전기요금, 원가 기초해 전압별로 매겨야”

•   서경: “스마트폰에 띄우는 홀로그램, 머지않았죠”

•   조선(P1): 코로나 중환자 첫 세자릿수

•   조선: 낙관적인 경제성장률 예측 때문에…내년에도 추경하나?

•   조선: 고용안정 자금 폭발... 내년에도 빚내야

•   조선: 내년 예산 556조 뜯어보니

•   조선: “연봉 3~4배에 자녀 칭화대 보장” 중, 반도체 인재 빼가기

•   조선: 코로나에 ESG 투자 급증, 상반기 국내 채권만 14조원

•   조선비즈: 中 파운드리 시장 공략하는 SK하이닉스, 연말 공장 본격 가동 앞두고 채용 잰걸음

•   중앙: 석탄보다 싼 태양광 발전' 걸림돌은 저유가·전기요금 인상

•   동아: “올해 전력판매량, 외환위기때 수준 하락”

•   한국(P1): 2만명 확진자 4분의 1, 최근 19일 동안 쏟아졌다

•   MTN: [단독]무산 위기서 부활...두중, '인도네시아 화력발전소' 착공 눈앞

•   헤럴드경제(P1): 증시 대기자금 ‘300조 고지’로 질주

•   이데일리(P1): [스페셜리포트①] '코로나 위기에 경제난국까지' 여야협치 필수

•   이데일리: 文 관심사 해상풍력 관할권 두고 조명래·문성혁 국회서 '충돌'

•   연합: 내부지분율 최고 그룹은 부영…총수일가·계열사 등 지분 98.99%

•   연합: 한수원, 미국 신재생 시장 진출…육상풍력 지분 49.9% 공동 인수

•   연합: 이재명 "석탄에너지 의존 탈피해야"…경기도 '탈석탄 동맹' 가입

•   연합: 딥러닝으로 미래 수출·환율도 정확히 맞힐 수 있을까

•   뉴시스: [2021예산안]갈길 먼 '그린에너지' 인프라 구축…주민 수용성 높여야

•   이투데이: 코로나19로 '집콕' 늘어난 美서 두산밥캣 입은 ZTR모어 10일 출시

•   reNews: Only 10% of utilities prioritising renewables'

•   KHL: Euroconstruct forecasts slow recovery

•   Construction Equipment: Bobcat Launches 'Features On Demand' for Compact Eqpt.

•   건설경제: 美 대선 ‘트럼프vs바이든’…韓 건설기계 영향은?

•   OilPrice.com: Goldman Expects Oil To Reach $65 Next Year

•   OilPrice.com: Nuclear Power Could Win Big In U.S. Elections

•   OilPrice.com: North Sea Oil Producers Face Long Road To Recovery

•   OilPrice.com: Venezuela Faces The Real Possibility Oil Production Dropping To Zero

•   전자신문: [AI 사피엔스 시대]KT, 음식 서빙·호텔 로봇 상용화…'언택트 시대' 발 빠른 대응

•   전자신문: [AI 사피엔스 시대]KT, 현대로보틱스 등 AI로봇 협업 전략 가속

•   Phone Arena: Apple sees no drop off in 5G iPhone demand because of the pandemic

•   Inside EVs: U.S.: The Average EV Charging Cost Is $0.15/kWh

•   Robotics Tomorrow: Case Study - Asparagus Picking Agricobot

•   Nikkei Asian Review: Post-Abe Japan to stay the course, as Suga and rivals offer fine-tuning

•   Nikkei Asian Review: Who is Chief Cabinet Secretary Yoshihide Suga?

•   Nikkei Asian Review: Japan's LDP to elect Abe's successor without grassroots members

•   Nikkei Asian Review: Japan's next leader to face tighter squeeze from China and US

•   Nikkei Asian Review: Is Buffett's $6bn bet on Japan trading houses a signal to others?

•   Livemint: Sharper GDP contraction brings focus back on fiscal policy

•   Livemint: Real GDP likely to contract by 10.9% in FY21: SBI Ecowrap

•   Business Standard: India among large EMs set for highest debt burden by 2021, says Moody's

•   Business Standard: China, US, India, Japan dominate solar market: Mercom global listing

•   Folha de S.Paulo: Brazil Has 12% Drop in Deaths by Covid-19 in August

•   Moscow Times: China's Huawei Shifts Investment from U.S. to Russia

•   Jakarta Post: PLN wants environment ministry to undo power plant emissions cap

[Opinions]

•   Project Syndicate(Joseph S. Nye, Jr.): Is Trump a Turning Point in World Politics?

•   Project Syndicate(Sławomir Sierakowski): Lukashenko the Impotent

•   Project Syndicate(Harold James): What Next for Great Cities?

•   Project Syndicate(Masood Ahmed, Mauricio Cárdenas): The COVID Middle-Income Trap

•   Project Syndicate(Bertrand Badré): Bertrand Badré Says More…

•   FT(Editorial Board): How western democracies can help Taiwan

•   FT(Mohamed El-Erian): Retail stock market investors should note professionals’ caution

•   FT(Robin Harding): Six Abenomics lessons for a world struggling with ‘Japanification’

•   FT(Patti Waldmeir): WeChat ban deals another blow to America’s ethnic Chinese

•   FT(Sarah O'Connor): Goodbye to the ‘Pret economy’ and good luck to whatever replaces it

•   FT(Bryan Harris): The road to Bolsonaro’s popularity is paved with payments to Brazil’s poor

•   FT(Lex): South Korea stocks: short circuit

•   WSJ(William A. Galston): Trump’s 1980 Strategy for 2020

•   WSJ(Vance Serchuk): Plagues Are Back. Will Wars Follow?

•   WP(Catherine Rampell): Trump boasts about a great economic record. Too bad it’s Obama’s.

•   WP(Helaine Olen): Joe Biden outlined a winning argument. Now he needs to stick with it.

•   WP(Jonathan Capehart): Trump keeps walking into Joe Biden’s trap

•   Bloomberg(Daniel Moss): India GDP: Lockdown Led to Huge Contraction as Covid-19 Spreads

•   Bloomberg(Clara Ferreira Marques): Belarus’s Future Isn’t Bright With Russia

•   Bloomberg(Tae Kim): Nvidia’s Latest Chips Are an Industry Game Changer

•   Bloomberg(Tara Lachapelle): FAANGs Make It Difficult to Eat a Balanced Diet

•   MarketWatch(Tanner Brown): China’s economy may be back on track, but problems plague it elsewhere

•   매경(한철수): `원전 르네상스` 한국만 역주행