Business Intelligence Monitor 201009

(Introduction)

[Markets]

•   Global: U.S. stocks close higher, oil jumps as fiscal aid talks progress

•   한국: 코스피, 외국인 순매수에 상승 마감…2,390선 올라

•   한국: 두산그룹주 상승 우세, 두산퓨얼셀 5%대 두산인프라코어 2%대 올라

•   한국: 1153.3원…원화값 연중 최고치

•   Turkey: Turkey's lira hits record low on Russian missile defense tensions

•   Metals: Tighter LME market helps lift aluminium to three-week high

•   Grains: CBOT wheat falls after hitting highest since 2015; corn, soy ease

[Indicators]

•   US Weekly Jobless claims: U.S. Unemployment Claims Remain Elevated Above 800,000

•   Germany Aug. Balance of trade: German exports rise, but recovery loses steam

•   한국 8월 경상수지: 8월 경상흑자 66억달러…4개월 연속 흑자

•   한국 주간 아파트 가격(감정원): 서울 전셋값 67주 계속 올라

•   Japan Aug. Current account:Japan logs 2.10 trillion yen current account surplus in August

•   Japan Sep. Economy Watchers sentiment: Japan's Sept. economy watcher sentiment highest in over 2 yrs

•   India Sep. Car sales: Passenger vehicle retail sales up 9.81% in September to 195,665 units

•   Brazil Aug. Retail sales: UPDATE 2-Brazil retail sales hit record high in August, but momentum slowing

•   Indonesia Aug. Retail saels: Indonesia retail sales in August fall at slower pace

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Pelosi Ties Airlines Aid to Broader Stimulus Bill

•   WSJ: U.S. Budget Gap Tripled in Fiscal 2020 as Government Battled Pandemic

•   WSJ: New U.S. Coronavirus Cases Top 50,000 for the First Time in Five Days

•   WSJ: Coronavirus Hit the U.S. Long Before We Knew

•   WSJ: Moderna Vows to Not Enforce Covid-19 Vaccine Patents During Pandemic

•   WSJ: Takeda, Other Firms Test Covid-19 Convalescent-Plasma Treatment

•   WSJ: WSJ Survey: 43% of Economists Don’t See U.S. Gaining Back Lost Jobs Until 2023

•   WSJ: There’s No Oil in Wisconsin. The Fracking Bust Hit It Anyway.

•   WSJ: Fed’s Rosengren Says Pre-Pandemic Risk Taking Will Likely Slow Recovery Effort

•   WSJ: IBM to Spin Off Services Unit to Accelerate Cloud-Computing Pivot

•   NYT: Virus Takes Center Stage as Pence and Harris Skirmish in Debate

•   NYT: Pence, Peerless Trump Defender, Confronts His Limits

•   NYT: Trump Calls His Illness ‘a Blessing From God’

•   NYT: Campaigns Spar Over Debate Plan After Trump Rejects Virtual Face-Off

•   NYT: F.B.I. Says Michigan Anti-Government Group Plotted to Kidnap Gov. Gretchen Whitmer

•   WP: In VP debate, Trump is again the issue as Pence tries to change the focus

•   WP: Trump lashes out at his most loyal allies

•   WP: Antibody treatment Trump touts relied on testing with cells derived from fetal tissue

•   WP: Trump politicizes promising coronavirus antibody treatments, erroneously calling them a ‘cure’

•   WP: Both parties prepare for possibility of contested election as chaotic White House race hurtles to a close

•   WP: Trump administration imposes crushing sanctions on Iran in defiance of European humanitarian concerns

•   FT: Germany reports ‘alarming’ rise in coronavirus cases

•   FT: Spanish high court strikes down Madrid coronavirus curbs

•   FT: Johnson faces northern backlash over new Covid-19 measures

•   FT: Pubs and restaurants take blame for UK’s Covid spike

•   FT: Thousands of UK businesses not prepared for Brexit, MPs told

•   FT: Theresa May joins rebellion against Boris Johnson’s planning reforms

•   FT: Can the UK and EU finally net that trade deal?

•   FT: Further euro rise would hit growth and inflation, ECB policymakers warned

•   FT: Five takeaways from the vice-presidential debate

•   FT: Swamp Notes Special Edition: vice-presidential debate

•   FT: Borrow to fight economic impact of pandemic, says World Bank’s chief economist

•   FT: Covid forces rewrite of academic textbooks on supply chains and logistics

•   FT: Parcel groups seek to deliver greener ‘last mile’ processes

•   FT: Supply shocks prompt carmakers to review fragile business models

•   FT: Impending row over Covid vaccine patents at WTO

•   FT: ‘This is a guy who is a thug’: how US elite became hawks on Xi’s China

•   FT: Investors say recent bond market sell-off may be just the start

•   FT: Trump calls coronavirus treatment he received a ‘cure’

•   FT: Indonesia reforms target central bank’s hard-won independence

•   FT: North of England to follow Scotland’s lead on pub curbs

•   FT: Booming demand for Chinese assets boosts renminbi’s global role

•   Bloomberg: Ant Group Faces U.S. Headwinds in Race to IPO Before Trump Vote

•   Bloomberg: TikTok Ruling Blocking Ban on Viral App Is Appealed by U.S.

•   Bloomberg: Covid Vaccine ‘Unlikely’ to Be Ready for Use This Year in EU

•   Bloomberg: Goldman’s Abby Joseph Cohen Warns Over ‘Considerable’ Market Downside

•   Bloomberg: One In Six U.S. Workers Unlikely to Get a Raise in 2021

•   Bloomberg: About 60 Million U.S. Households Expect Income Losses This Month

•   Bloomberg: Ending Lockdown as Virus Rages Won’t Aid Long-Run GDP, IMF Says

※   IMF: World Economic Outlook, October 2020 (CH2)

•   Bloomberg: The 50 Richest Americans Are Worth as Much as the Poorest 165 Million

•   Bloomberg: World Bank Sees Sub-Saharan Africa’s GDP Rebounding in 2021

•   Bloomberg: Slack in Europe’s Labor Market Rose During Virus Lockdowns

•   Bloomberg: New York and New Jersey Both Record Most New Virus Cases Since Mid-May

•   Bloomberg: What China’s Three Red Lines Mean for Property Firms

•   Bloomberg: Saudi Arabia May Face Budget Squeeze After 2021, Moody’s Says

•   Bloomberg: Just 28% of Americans Expect Return to Workplace Before 2021

•   Bloomberg: Chinese Debt Renegotiations Could be Long and Unpredictable

•   Bloomberg: Why Yield Curves Can Be Bull or Bear, Flat or Steep: QuickTake

•   Bloomberg: Fifty Years of Economic History Suggest L-Recovery, Not V: Chart

•   Reuters: U.S. warns China against Taiwan attack, stresses U.S. 'ambiguity'

•   Reuters: Rising COVID cases will stall UK recovery, budget watchdog warns

•   Reuters: BOJ offers brighter view on regional Japan, signals policy status quo

•   Reuters: China's 2060 carbon neutral goal bill could hit over $5 trillion

•   Reuters: Trump's handling of coronavirus pandemic hits record low approval: Reuters/Ipsos poll

•   Reuters: Europe stocks up on Gilead's remdesivir as COVID-19 infections spike

•   Reuters: EU's potential COVID-19 vaccine doses top a billion with J&J deal

•   Reuters: Brazil registers 27,750 new cases of coronavirus

•   Reuters: BoE's Bailey says Britain and EU should reach trade deal

•   Reuters: India's coronavirus infections rise to 6.84 million

•   CNN: Analysis: The reality TV President won't miss the next debate, no matter what he says now

•   CNN: Why Biden won't ban fracking -- and why Trump wants you to think he will

•   CNN: The most important man in Washington may not be Trump or Biden

•   CNBC: Oil and coronavirus: OPEC cuts long-term forecast for demand growth

•   CNBC: U.S. domination in energy should not change post-election, top energy guru predicts

•   CNBC: Biden's polling lead over Trump grows since debate, Covid diagnosis

•   CNBC: Dubai's debt load to worsen, no pre-pandemic recovery until 2023: S&P

•   CNBC: President Trump says he's not 'contagious at all' days after leaving hospital with coronavirus

•   CNBC: Dr. Anthony Fauci says he's 'not comfortable' with level of U.S. coronavirus cases

•   CNBC: Biden scores big fundraising hauls on vice presidential debate day

•   CNBC: Nvidia and Huawei face uncertain future in Britain's high-tech capital

•   MarketWatch: Don't miss out on this 'generational opportunity' in the stock market, hedge-fund manager says

•   MarketWatch: Trump’s vaccine czar says the first vaccine should be submitted for emergency authorization around Thanksgiving

•   MarketWatch: Trump raised 5 times as much money from America’s top CEOs as Biden

•   SCMP: China faces ‘difficult trade-off’ as WTO leadership race heads into final round

•   SCMP: US trade deficit with Vietnam balloons to record high, as Trump administration launches currency probe

•   SCMP: What is China’s economic plan to meet Xi Jinping’s vision for ‘socialist modernisation’ by 2035?

•   Global Times: US tech ‘monopoly power’ should cause global alarm

•   Global Times: China’s ‘revenge consumption’ in Golden Week signals strong recovery

•   매경(P1): 삼성전자 2년만에 최대실적…영업이익 12조 넘겼다

•   매경: 억눌렸던 스마트폰 수요 폭발…`화웨이 특수`에 반도체도 선방

•   매경: D램값 하락세·코로나 불확실성…4분기 영업이익 둔화 예상

•   매경(P1): 대주주 주식양도세 3억 기준…동학개미 반발에 "2년 유예"

•   매경: 與서도 "유보소득세 재검토해야" 요구 봇물

•   매경: "新기후체제 한국에 유리…경제발전 기회 삼아야"

•   매경: "한국판 뉴딜은 고용 죽이는 정책"

•   매경: 생활가전 수요 날개…LG전자 `어닝 서프라이즈`

•   매경: "상장사 3분기 이익 38조…20% 깜짝반등"

•   매경: 재건축 막히니…이번엔 리모델링이 호재로

•   매경: 日 원로 기업인 타계 소식 들은 박용만 회장 마음 휑해진 이유

•   한경(P1): 현대차 "내년 수소전기트럭 2000대 양산체제 구축할 것"

•   한경: "경쟁자 없다"…현대차, 수소전기트럭 첫 양산 넘어 '초격차' 시동

•   한경: 넥쏘 출시 2년여 만에 글로벌 판매 1만대 돌파

•   한경: 현대차 '큰 그림' 뭐길래…니콜라가 두번 내민 손 모두 뿌리쳤다

•   한경: 수소전기차 보급 1위 韓…충전 인프라는 '꼴찌'

•   한경: 노동계 반발에 한발 후퇴한 野…"노동개혁, 해고 쉽게는 아니다"

•   한경: 부총리 '재정건전성' 지키자는데…與 "그럼 같이 못가" 협박

•   한경: 정부안보다 더 센 '규제 3법' 내놓는 與

•   한경: 韓·中, 560억弗 통화스와프 연장

•   서경(P1): 공사 중인 火電에···與 "건설 중단하라"

•   서경: "삼척火電 1·2호기공사중단땐 매몰비용 2조"... 발전사업자·정부도 반발

•   서경: 월성 1호기 폐쇄' 감사 이틀째 결론 못내... 12일 또 회의

•   서경: [단독]'소부장 육성' 견제 나섰나...국내 中企에 특허 소송

•   서경: IT>화학>車>바이오順...주가 눈높이 높아졌다[막 오른 3분기 어닝시즌]

•   서경: 노원 상계주공도 '10억 클럽'···이어지는 서울 집값 상승세

•   서경: [시그널] 예상 밖 흥행 인프라코어 매각... 우발부채 분담이 변수

•   조선: [단독] 탈원전 반대론자들 국감장 불러 조리돌림 하겠다는 여당

•   조선비즈: 파운드리 1위 TSMC, 9월도 '역대 최대 매출'

•   조선비즈: “이런다고 집값 잡힐까”… 절차 무시가 일상화된 부동산 정책

•   조선비즈: 韓 '배터리 트로이카' 다음 격전지는 ESS… "화재 우려 불식시키고 中 추격 따돌려야"

•   조선비즈: 현대차, '배터리 불량’ LG화학 의존도 대폭 줄이나...LG "화재 원인 규명 안돼" 반발

•   동아: [단독]이재용, AI-반도체 유럽 네트워크 다지기

•   문화: 지출 43兆 느는데 수입 1兆 증가 내년 정부재정 경고 목소리 커져

•   한국(P1): "전세불안 장기화" 결국 실토한 정부... 무슨 대책 있을까

•   더벨: 두산퓨얼셀 지분 털어낸 오너일가, 두산중공업에 올인

•   헤럴드경제: 법인세율 인상 불구 소득세와 격차는 확대

•   헤럴드경제: “장밋빛 국가채무 전망 이유 있었네”…‘지나친 낙관 자료’ 비판

•   파이낸셜뉴스(P1): "사회적 거리두기 국민 고통 커" 방역체계 근본적인 변화 예고

•   아시아경제(P1): [단독]민주당, '3%룰' 대기업 지배구조 영향 시뮬레이션 착수

•   아시아경제: 재계는 왜 '3% 룰'에 민감한가…"투기자본 공격" vs "불법 안하면 괜찮다"

•   아시아경제: 3%룰, G7국 유일…'경영권 방어수단' 전무

•   아시아경제: 호실적에도 웃지 못하는 삼성…이달부터 굵직한 재판 줄줄이

•   아시아경제: 집값' 잡으려다 '서민' 잡는 정부…잠재적 위험 커진다

•   아시아경제: 집값 잡기의 역습…입주예정단지 전세도 '귀하신 몸'

•   이데일리: [마켓인]최대 1兆 소송 리스크에도 두산인프라 베팅한 이유

•   뉴스핌: [새판짜는 두산]① '과거는 잊어라'…총수 책임경영, 모범적 사례 기대감

•   EBN: 두산밥캣, 지배구조 변화시 배당 증가…목표주가 상향-KB

•   reNews: Global green hydrogen pipeline 'tops 60GW'

•   에너지데일리: "발전5사 통폐합 등 '전력산업 재구조화' 공론화해야"

•   Construction Equipment: Doosan Adds Three Dealers in South Carolina

•   OilPrice.com: Oil Prices Are Unlikely To Collapse Again

•   OilPrice.com: Saudi Oil Giant Aramco Dismisses ''Speculation'' About Peak Demand

•   OilPrice.com: The Geopolitical Power Of The Shale Revolution Is Fading

•   OilPrice.com: How AI And Blockchain Are Driving The Energy Transition

•   OilPrice.com: India Surpasses Renewable Goals But Still Struggles To Meet Demand

•   OilPrice.com: Green Hydrogen Projects Are Surging, But Are They Feasible?

•   MINING.com: Vale CFO confirms iron ore production target

•   CNET: Is iPhone 12 cheaper than iPhone 11? Here's what we've heard about price

•   CNET: This massive drone beamed broadband from the sky in a key test

•   Mainichi: Bank of Japan upgrades assessments on 8 of 9 regional economies

•   Business Standard: India declines proposal to test Sputnik-V Covid-19 vaccine in large study

•   Business Standard: Home sales recover in Sept qtr; still a long road to recovery: Knight Frank

•   Jakarta Post: Govt defends jobs law despite opposition

•   Jakarta Post: Govt encourages middle-income segment to increase spending to keep economy moving

[Opinions]

•   Project Syndicate(Hélène Rey): The Core of the ECB’s New Strategy

•   Project Syndicate(Laurence Tubiana): Eastbound and Green in Europe

•   Project Syndicate(Carlos Lopes): Africa’s Fateful Choice

•   FT(Editorial Board): China blurs lines between private and state business

•   FT(Philip Stephens): Democracy faces bigger threats than Vladimir Putin or Xi Jinping

•   FT(Robert Shrimsley): How to hack a second lockdown

•   FT(Edward Luce): Trump is risking a Covid election blowout

•   FT(Martin Sandbu): A digital euro is on its way

•   FT(David Gardner): American threat to quit Iraq leaves its allies in the lurch

•   FT(Mariana Mazzucato): Johnson has taken the wrong economic lesson from the Covid crisis

•   WSJ(Daniel Henninger): Joe Biden Is the Shutdown Candidate

•   WSJ(Karl Rove): Who’s Ready for Trump-Biden Round Two?

•   WSJ(Scott Gottlieb, Mark McClellan): The Trump Treatment for Covid Is Coming Soon

•   WSJ(Brian Hagedorn): Bigoted Attacks on Amy Coney Barrett Will Backfire

•   WSJ(Claudia Rosett): China Uses the U.N. to Expand Its Surveillance Reach

•   NYT(Frank Bruni): Mike Pence’s Debate Performance Bugged Me Out

•   NYT(Spencer Bokat-Lindell): What We Learned From the Vice-Presidential Debate

•   NYT(Linda Greenhouse): Questions for Amy Coney Barrett

•   NYT(David Brooks): Kamala Harris Knows How to Win Elections

•   NYT(Rachel L. Harris, Lisa Tarchak): The Kamala Harris-Mike Pence Debate: ‘Never Has Something So Boring Been So Appreciated’

•   NYT(New York Times Opinion): Kamala Harris and Mike Pence's Debate: ‘Most Bizarre Moment Was the Fly’

•   NYT(Mariana Mazzucato): Capitalism Is Broken. The Fix Begins With a Free Covid-19 Vaccine.

•   WP(Editorial Board): Mike Pence’s Re-Election Case

•   WP(Jennifer Rubin): Mike Pence should have self-quarantined instead of debating Kamala Harris

•   WP(E.J. Dionne Jr.): Harris won by keeping the focus on Trump — and Biden

•   WP(Eugene Robinson): Trump’s frantic desperation will only get worse

•   WP(Marc A. Thiessen): Mike Pence’s debate master class

•   WP(Greg Sargent): Trump just nixed the second debate. Mike Pence showed us why.

•   WP(Greg Sargent): How can we hold the next debate without full transparency on Trump’s health?

•   WP(Michael Gerson): Pence can’t do anything to justify Trump’s deadly choice

•   WP(Megan McArdle): No stimulus makes no sense

•   WP(Ranking Committee): Here’s how Pence and Harris (and the fly) scored in the debate

•   WP(Jonathan Capehart): Not all of Pence’s and Harris’s debate dodges are created equal

•   WP(Stephen Stromberg): Pence provided a friendly face for the same-old Trump climate reality denial

•   WP(Alyssa Rosenberg): The vice-presidential debate was boring. Good. We need more of that.

•   WP(Margaret Sullivan): No more presidential debates this year? Not a problem. We’ve seen enough.

•   Bloomberg(Editorial Board): VP Debate: Harris and Pence Offer a Glimpse of Normal Politics

•   Bloomberg(Conor Sen): Without Stimulus, U.S. Economic Recovery Comes Down to 2021

•   Bloomberg(John Authers): The Kamala Factor Makes for a Tough Earnings Season

•   Bloomberg(Chris Bryant): U.K. House Prices Are About to Get Another Helping Hand

•   Bloomberg(Jonathan Bernstein): Pence and Harris: Why the 2020 Debate Mattered

•   Bloomberg(Ramesh Ponnuru): Vice-Presidential Debate: Pence, Harris Sidestep Like Statesmen

•   Bloomberg(Andreas Kluth): Election 2020: Trump or Biden, the U.S. and Europe Will Split

•   Bloomberg(Max Nisen): The Truth About Trump's Regeneron Covid-19 Cocktail ‘Cure’

•   Bloomberg(Tim Culpan): Ant and Tencent Aren't the China Threats Imagined by U.S. Hawks

•   Bloomberg(Peter R. Orszag): Maybe Low Interest Rates Won’t Last Forever

•   CNN(Michael D'Antonio): Opinion: Trump's erratic actions put US at risk

•   CNN(Todd Graham): Debate coach: Pence offers tour through upside-down world

•   CNN(Oren Cass): Opinion: Biden and Trump are failing the American worker

•   CNN(Bill McGowan): The fly in the ointment of Mike Pence's debate performance

•   CNN(Richard Gabriel): Opinion: Here's what the Democrats must figure out to win the election

•   CNN(CNN commentators): Who won the VP debate?

•   MarketWatch(Pierre Briançon): Trade-deal compromise is possible, Boris Johnson hints — we’ve heard that before, but here’s why it matters this time

•   Fox News(John Podhoretz): At VP debate, Pence was a relief for Republicans distressed by Trump’s outrageous behavior

•   Fox News(Eric Swalwell): At VP debate, Harris exposes Trump as irresponsible, divisive and dangerous

•   Fox News(Doug Schoen): Harris and Pence at VP debate — winners, losers and more on style and substance

•   Fox News(Liz Peek): Pence wins VP debate -- Harris proves she's not ready to be president

•   Fox News(Mike Huckabee): At VP debate Harris made 3 big mistakes in faceoff against Pence

•   Fox News(James Carafano): At VP debate, Pence, Harris and also foreign policy showed up

•   Nikkei Asian Review(Tosh Minohara): Japan's new leader unlikely to confront China