Business Intelligence Monitor 201030

(Introduction)

[Markets]

•   Global: Stocks rally to pare weekly loss; oil falls further

•   US: Corporate bond market wavers ahead of US election

•   한국: 코스피 0.8% 하락…기관·외국인 대량 매도

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

•   Metals: Copper falls as demand concerns resurface

•   Grains: Corn and wheat hit two-week lows as coronavirus fears weigh

[Indicators]

•   US Q3 GDP: U.S. Economy Recovered Significant Ground in Record Third-Quarter GDP Rebound

※   BEA: Gross Domestic Product, Third Quarter 2020 (Advance Estimate)

•   US Sep. Pending home sales: U.S. Pending Home Sales Retreat for First Time in Five Months

•   US Weekly Jobless claims: U.S. Jobless Claims Fall to Lowest Level Since Start of Coronavirus Pandemic

•   US Weekly Bloomberg consumer comfort index: U.S. Consumer Comfort Falls to Eight-Week Low Amid Virus Surge

•   Eurozone Oct. Economic sentiment: Five-month recovery of euro zone sentiment ends in October

•   Eurozone Benchmark rates: ECB signals more easing ahead as Lagarde warns of worsening outlook

※   ECB: Monetary policy decisions

•   UK Sep. Mortgage approvals: UK mortgage approvals rise to highest levels since 2007

•   한국 2019년 임금근로자 부채 : 또 늘어 4245만원… 빚더미 월급쟁이

•   한국 9월 사업체노동력: 9월 상용노동자 24만명 감소…“한국 경제 선방”도 무색

•   한국 9월 미분양주택: 전세난-공급 감소에… 서울 미분양 54채뿐

•   한국 주간 아파트 가격(감정원): [아파트 시황] 강남4구 보합에도 서울 아파트값 상승

•   Japan Sep. Retail sales: Japan's retail sales fall for seventh straight month hurt by coronavirus

•   Japan Oct. Consumer confidence: Japan consumer confidence keeps improving in Oct. as virus fears ease

•   Japan Benchmark rates: BOJ’s Kuroda Says Will Act If Needed Amid High Virus Uncertainty

※   BOJ: Statement on Monetary Policy

※   BOJ: Outlook for Economic Activity and Prices (October 2020, The Bank's View)

•   India Sep. Fiscal account: India's April-Sept fiscal deficit at Rs 9.1 lakh crore

•   India Sep. Core industry production: Hope of recovery as core sector fall narrows to 0.8% in Sept vs 7.3% in Aug

•   Brazil Sep. Employment: Brazilian Economy Created Record Number of Jobs in September

•   IHS Markit Oct. PEG Engineering and Construction Cost Index: Construction Costs Index Falls in October

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Europe’s Covid-19 Cases and Deaths Are Climbing, a Warning for the U.S.

•   WSJ: Fury Over New Covid Lockdowns in Europe Threatens Compliance

•   WSJ: Dearth of Credit Starves Detroit’s Housing Market

•   WSJ: Trump Embraces GDP Growth, as Biden Warns That U.S. Is Still in a ‘Deep Hole’

•   WSJ: China Stresses Reliance on Its Own Technologies in Five-Year Plan

•   WSJ: Apple’s Sales Rise in Pandemic, but Pressure Remains for Breakout Holiday Season

•   WSJ: Google Parent’s Stock Soars on Gangbuster Earnings

•   WSJ: Amazon Sales Surge Amid Pandemic-Driven Online Shopping

•   WSJ: Facebook Earnings Report Shows Continued Strength

•   WSJ: In Battleground Pennsylvania, Fracking and Renewables Compete to Be the Future of Energy

•   WSJ: Chip Firm Marvell to Buy Rival Semiconductor Company in $10 Billion Deal

•   NYT: Why Trump’s Closing Argument on Coronavirus Clashes with Science and Voters

•   NYT: U.S. Coronavirus Cases Surpass 9 Million With No End in Sight

•   NYT: Biden’s Call for ‘National Mask Mandate’ Gains Traction in Public Health Circles

•   NYT: Turkish Bank Case Showed Erdogan’s Influence With Trump

•   NYT: North Carolina Poll Shows Biden and Cunningham Hold Slim Leads

•   NYT: Joe Biden's Advisers Come from the Obama White House

•   NYT: Texas Is a Tossup. So Why Won’t Trump or Biden Campaign There?

•   NYT: Facing Gap in Pennsylvania, Trump Camp Tries to Make Voting Harder

•   NYT: Miles Taylor, a Former Homeland Security Official, Reveals He Was ‘Anonymous’

•   WP: Unrest in Philadelphia after police kill a Black man roils the presidential campaign

•   WP: U.S. unveils more sanctions on Iran and sells off Iranian oil for terrorism victims fund

•   WP: The 3 most likely paths to victory for Biden and Trump, in maps

•   WP: Pelosi and Mnuchin, once Washington’s Odd Couple, publicly disavow economic relief talks -- and each other

•   WP: The Finance 202: Trump failed to deliver a Rust Belt revival, imperiling his reelection chances

•   WP: Polls on the 2020 election: How they work and what's different from 2016

•   FT: Scientists warn of new coronavirus variant spreading across Europe

•   FT: US allows sales of chips to Huawei’s non-5G businesses

•   FT: EU budget deadlock as countries and parliament fail to strike deal

•   FT: Merkel decries attempts to play down Covid-19 as irresponsible

•   FT: China turns to domestic demand to power economy

•   FT: Calls grow for national lockdown as Covid cases rise in England

•   FT: IMF urges UK to keep spending to tackle pandemic crisis

•   FT: ECB to gobble up more debt next year than governments can sell

•   FT: What’s driving the EU on rules of origin?

•   FT: How China is helping exporters around the world

•   FT: China’s Sinopec to accelerate push into hydrogen energy

•   FT: Volkswagen returns to profit on Chinese recovery

•   FT: Taiwan’s UMC pleads guilty to US charges of trade secret theft

•   FT: Distressed debt investors still await rich pickings from pandemic

•   FT: Three killed by knifeman in French church

•   FT: US media companies prepare for messy election night

•   FT: The next pandemic: where is it coming from and how do we stop it?

•   FT: Bidenomics: can Democrats deliver on their new leftwing agenda?

•   FT: More than 500,000 UK companies in financial distress as support ends

•   Bloomberg: Democrats Dream of Flipping Texas With Early Vote Exploding

•   Bloomberg: A Big Idea to Avoid Stimulus Standoffs Is Winning New Support

•   Bloomberg: WTO Leadership Race Upended by Trump Now Hinges on U.S. Election

•   Bloomberg: Chinese Investors See U.S.-China Feud Continuing Past Election

•   Bloomberg: France Says Second Lockdown Will Cut Economic Output by 15%

•   Bloomberg: French Economy Braced for New Shock From Virus Lockdown: Chart

•   Bloomberg: U.K. Covid Restriction Impact Less Than 1% GDP, JPMorgan Says

•   Bloomberg: Exxon to Cut 14,000 From Global Workforce Due to Oil Slump

•   Bloomberg: U.K. Hiring Losing Steam Shows Damage From Covid Restrictions

•   Bloomberg: Taiwan GDP Poised for Rebound Buoyed by Covid Response, Huawei

•   Bloomberg: Huawei CFO Wins Small Court Victory in Canada Extradition Case

•   Bloomberg: Saudi Arabia Sees 2021 Deficit Narrowing to 5.1% of GDP

•   Reuters: Moderna on track to report late-stage COVID-19 vaccine data next month

•   Reuters: So what if Biden is up in the polls? Weren't they wrong last time?

•   Reuters: Exclusive: Chinese banks seen swapping dollars for yuan in forwards to curb gains - traders

•   Reuters: Exclusive: Brazil will have a COVID-19 vaccine by June 2021, says regulator

•   Reuters: Exclusive: Biden, if elected, would consult allies on future of U.S. tariffs on China - advisers

•   Reuters: Brazil miner Vale nearly doubles net profit as output recovers

•   Reuters: Factbox: On climate, it's Biden's green revolution versus Trump's war on regulations

•   Reuters: Analysis: Brazil economy facing stimulus drought as monetary, fiscal taps run dry

•   Reuters: Analysis: Money-printing slowdown leaves governments to take up stimulus slack

•   Reuters: Analysis: Biden presidency for Turkey would mean tougher U.S. stance but chance to repair ties

•   Reuters: Analysis: As COVID persists and U.S. election nears, China growth lifts Asia

•   Reuters: Nvidia targets Arm's customer network, CEO tells SoftBank's Son

•   CNBC: Biden maintains polling lead over Trump with five days until Election Day

•   CNBC: Dr. Fauci warns of a ‘whole lot of pain’ due to coronavirus pandemic in the coming months

•   Fox News: McConnell says Democrats have '50-50' odds of flipping Senate control

•   Fox Business: Ultra-rich prepare for potential Biden tax hit

•   Fox Business: Millions of Americans plan to move to more affordable areas amid pandemic

•   Fox News: Jim Biden refuses to answer questions about family’s business dealings

•   SCMP: China-US rivalry is main challenge to Asian giant’s development, NDRC says

•   SCMP: Boeing’s China aviation business in the spotlight after Beijing announces sanctions on defence unit

•   SCMP: Debt at China’s state-owned firms in question after BMW partner fails to repay billion-yuan bond

•   SCMP: US election: China would ‘probably prefer a Joe Biden presidency’ over Donald Trump, says former top American envoy to Beijing

•   Global Times: China’s job market revives, demand for overseas study remains robust: report

•   매경(P1): 삼성전자 3년만에 투자 늘린다

※   삼성전자: 2020년 3분기 삼성전자 경영설명회

•   매경: D램값 떨어지고 스마트폰 경쟁심화…삼성 "4분기엔 수익감소"

•   매경: 코로나 보복소비에…모바일·가전 매출 14조 급증

•   매경: 삼성전자, 올 35조 투자…반도체에 29조

•   매경: "디지털시대 영원한 적은 없다"…뉴삼성 이끄는 `초융합 DNA`

•   매경: 속도내는 `이재용의 초격차 전략`

•   매경(P1): 전월세 거래 암시장이 커진다

•   매경: 전세 연장할때도, 집 팔려고해도…`뒷돈` 오고가는 세상

•   매경: 집 한채씩 정해준 쿠바…불법브로커 없이는 이사 못해

•   매경: 브레이크 없는 전셋값…"이젠 중소형아파트 매매가까지 밀어올려"

•   매경: "4인가족에 왜 40평 필요" 구청 공무원의 황당 발언

•   매경: "신혼집 못 구해 결혼 포기" 눈물의 靑청원

•   매경: `이재명 vs 조세硏` 갈등 덕분에 경기 지역화폐 이용 불 붙었네

•   매경: 당내 반발에…與, 1주택자 재산세 인하 발표 연기

•   매경: "수년내 美中 군사충돌 가능성…獨·日·호주와 연대해야"

•   매경: [인터뷰] 방문규 수출입은행장 "아시아나항공 유동성 문제부터 해결…M&A 다시 추진할것"

•   매경: `배터리 리스` 협약 돌연 연기, 왜?

•   매경: "다들 팹·팹 하는데…중요한건 인텔의 낸드 역량"

•   한경(P1): [단독] 8억 한 채는 재산세 줄고 2억 집 두 채는 감면 '0원'

•   한경(P1): 與, 논란의 '대주주 3억' 일단 유예

•   한경: 기업규제 3법 놓고…한경 웨비나서 여·야 '격돌'

•   한경: 기업들 호소·위헌 논란에도…상법개정안 밀어붙이는 정부

•   한경: 공청회도 없는 집단소송제법 제정안

•   한경: "바늘구멍 뚫어야 받는다"…'빛 좋은 개살구' 가업상속공제

•   한경: 증여세 특례'도 있지만 유명무실

•   한경: 과도한 稅부담에…"회사 팔고 떠나자"

•   한경: 이석희 SK하이닉스 사장 "키옥시아 지분 당장 안 판다"

•   서경: "좀비기업 퇴출 부진...여신심사 강화해야"

※   한국은행: 조사통계월보 2020년 10월호

•   서경: 전세대출도 원리금 분할상환 가능해진다

•   서경: 재계 비주력사업 줄줄이 정리···깜짝 M&A 나올까

•   서경: 또 존재감 드러낸 ‘동학 개미’...올 순매수 60조 넘었다

•   조선: 日 “징용문제 해결 없인 스가 방한 없어”

•   조선: 외국인 주민 222만명, 충남 인구보다 많네… 다인종 국가 문턱에

•   조선: 삼성이 대만 TSMC를 이기기 어려운 5가지 이유

•   조선비즈: 용인에 120조 투자 SK하이닉스, 정부 '空言'에 물길부터 꼬이네

•   조선비즈: 삼성SDI, 30조 규모 현대차 배터리 사업 입찰…삼성-현대차 밀월시대 열리나

•   중앙: 의외로 돈 잘 번 두산인프라코어…새주인 찾기에 실적이 변수되나

•   동아: 亞순방 폼페이오, 베트남 추가… 한국 이번에도 제외

•   동아: [단독]징용 피해자 손자인 판사, 일본제철 상대 소송 진행

•   서울: SK건설, 친환경 연료전지 국산화 박차

•   세계(P1): 부동산·주식 ‘영끌’ 투자… 20대 대출액 47% 폭증

•   머니투데이(P1): 안정성↑비용↓, 수소경제 '혁신 어벤져스' 뭉쳤다

•   머니투데이(P1): 수소 관련기술 고도화 박차…"한국이 국제표준도 선점해야"

•   머니투데이: 우리 동네에 수소가 들어온다면? 수소도시 위한 3가지 해결과제

•   머니투데이: "수소도시, 제도·민간 함께 해야 제대로 간다"

•   머니투데이: 마스크 배달 수소드론-세균 이용 수소생산…"우리가 수소 1번지"

•   더벨: 구조조정 마중물' KDBI의 역할

•   더벨: 인프라코어 인수전 헤게모니, SI가 잡을까

•   헤럴드경제: “해외 감사위원 분리선출 전무”…주요기업 투기세력 타깃 우려

•   헤럴드경제: ‘3%룰’ 외국기관투자자 연합군에 무방비…삼성전자·현대차 지배구조 개편 ‘초비상’

•   헤럴드경제: 재계, 내달 3일 여당과 토론회서 ‘보완책’ 제시

•   파이낸셜뉴스(P1): 팬데믹 이후의 기회, 혁신에서 답을 찾다.. 위기에도 투자 늘린 기업의 역발상 전략 [한국경제 심장이 다시 뛴다]

•   파이낸셜뉴스(P1): M & A 큰손' 사모펀드, 올 경영권 인수만 10兆

•   파이낸셜뉴스: 홍남기의 숙원 '서비스산업법' 9년 만에 국회 문턱 넘을까

•   아시아경제(P1): 전속고발권 폐지' 두려운 中企

•   이데일리(P1): [천고'딜'비]활기 찾은 M&A 시장…석달새 6兆 '플렉스'

•   이데일리(P1): 미래 대비 자금에 세금 매기는 정부…中企 "고사한다" 반발

•   이데일리: “유보소득세 악법 철폐해라”…중소기업 거센 반발

•   이데일리: 여야 “유보소득세 후유증 우려”…고심하는 홍남기

•   이데일리: [BOK워치]한은법 제1조에 '고용안정' 포함될까

•   이데일리: 심판대 오르는 규정 한줄…삼성전자 25조 매물폭탄 불씨되나

•   연합: 두산밥캣 3분기 영업이익 1천112억원…작년 동기 대비 0.8%↑

※   두산밥캣: 2020년 3분기 기업설명회

•   연합: 두산인프라코어 3분기 영업이익 1천761억원…작년보다 14% 증가

※   두산인프라코어: 2020년 3분기 기업설명회

•   연합: 11월 막바지 가을 분양 '큰장'…전국 물량 4만가구 넘어

•   연합인포맥스: 신보, 10월 P-CBO 9천억원 발행…CJ CGV·홈플러스 등 지원 - 연합인포맥스

•   뉴시스: 경북도, 임하댐에 국내 최대 수상태양광 발전단지 조성

•   뉴스핌: [단독] 국민의힘 '정부예산 삭감' 항목 살펴보니...뉴딜펀드 예산 50% 줄여

•   뉴스1: 한국서부발전, 칠곡에 1000억 들여 연료전지발전소 5곳 건립

•   더구루: [단독] 두산, 드론용 수소연료탱크 美 승인 획득 '세계 최초'

•   Renewables Now: Goldwind of China posts higher sales, profits in 9-mo 2020

•   For Construction Pros: Construction Suffers Project Cancellations, Employment Declines as Pandemic Pain Continues

•   대한경제: 중단된 신한울 등 원전 6기 건설, 재시동 걸릴까

•   대한경제: 코로나에 국내로 눈 돌린 건설사들...3분기 실적 대부분 ‘맑음’

•   대한경제: 분양물량 꺾이나… 4분기 분상제에 ‘암울’

•   OilPrice.com: Is Brazil’s Oil Boom Immune To COVID?

•   OilPrice.com: Will A Fracking Boom Ever Happen In Mexico?

•   MIT News: Artificial intelligence model detects asymptomatic Covid-19 infections through cellphone-recorded coughs

•   디지털데일리: SK하이닉스, 내년 차세대 D램 양산…EUV 도입 ‘착착’

•   Robotics & Automation News: Electric vehicles and their impact on the environment

•   로봇신문: [2020 로보월드] 국제로봇&언택트 컨퍼런스(물류자율이송)

•   로봇신문: [2020 로보월드] 4대 서비스 로봇 정책 및 육성 방향

•   Nikkei Asian Review: Toyota's September global output rises for first time in 9 months

•   Nikkei Asian Review: Japan's Kioxia to build $9.5bn NAND plant to meet 5G demand

•   Nikkei Asian Review: SoftBank tried to delay WeWork $3bn share payout: court filing - Nikkei Asia

•   Nikkei Asian Review: Warren Buffett's Japan trade: The changing world of 'sogo shosha'

•   Nikkei Asian Review: Sony receives US license to supply Huawei with key image sensors

•   Mainichi: Japan to boost support for next-generation EV battery development

•   Business Standard: Covid-19: Remittances to India to drop by 9% in 2020, says World Bank

•   Hindustan Times: Jul-Sep results of industry leaders give mixed signals

•   Folha de S.Paulo: Brazil Has 95 Suspected Coronavirus Reinfection

[Opinions]

•   Project Syndicate(J. Bradford DeLong): The Economic Incompetence of Republican Presidents

•   Project Syndicate(Minxin Pei): Trump’s Election Gift to China?

•   Project Syndicate(Shang-Jin Wei): Three Global Steps to a Biden Climate Initiative by Shang-Jin Wei

•   Project Syndicate(Robert Malley, Stephen Pomper): Can America Avoid an Election Crisis?

•   Project Syndicate(Jean Pisani-Ferry): Globalization Needs Rebuilding, Not Just Repair

•   FT(Gillian Tett): A disturbing new signal from the CDS market

•   FT(Edward Luce): The non-trivial risk of repeating Florida 2000 election showdown

•   FT(Chris Giles): A one-size-fits-all Covid strategy is futile

•   FT(Simon Kuper): If Biden wins, what’s next for Trump — and Trumpism?

•   FT(Liz Ann Sonders): History shows that equities outperform under Democrats

•   FT(Lex): Earnings in the time of coronavirus: the dissonance of blowout profits

•   WSJ(Daniel Henninger): Vote for Joe Biden? Seriously?

•   WSJ(Karl Rove): ‘Not Trump’ Is Not Enough to Govern

•   WSJ(Curt Levey): The Barrett Battle That Wasn’t

•   NYT(Paul Krugman): After Trump, Will International Relations and Trade Ever Be the Same?

•   NYT(Frank Bruni): After Trump, How Will I Ever Look at America the Same Way?

•   WP(Editorial Board): It’s great the economy grew. But it’s still in a hole, and Congress and Trump have gone AWOL.

•   WP(Eugene Robinson): America is changing. Joe Biden can help us through the transformation.

•   WP(Greg Sargent): Explosive early voting is already transforming our politics

•   WP(Fernanda Santos): The real reason Arizona will turn blue this year

•   WP(Alexis Wichowski): The U.S. can’t regulate Big Tech companies when they act like nations

•   WP(Brian Klaas): To save democracy, vote for Joe Biden

•   WP(Seymour Spilerman): The electoral college prevents nationwide recount meltdowns

•   Bloomberg(Mohamed A. El-Erian): Lockdown 2.0 Reveals Covid-19 Failures We Must Fix

•   Bloomberg(Andy Mukherjee): Emerging Markets Need to Beware MMT Opening an Inflation Quagmire

•   Bloomberg(John Authers): Lockdown Meltdown Is an Indiscriminate Markets Selloff

•   Bloomberg(Marcus Ashworth): Election 2020: Covid Isn't the Only Big Fear for Investors

•   Bloomberg(Jonathan Bernstein): Donald Trump Is Encouraging a Lawless Election

•   Bloomberg(Nir Kaissar, Timothy L. O'Brien): The Record Economic Boom Is a Mirage

•   Bloomberg(Tim Culpan): Samsung Earnings: Consumers Still Buy Gadgets Despite Pandemic

•   Bloomberg(Sam Fazeli): What Does Falling Covid-19 Antibodies Mean for Immunity?

•   CNN(Pramit Pal Chaudhuri): US election 2020: What India thinks of the US election

•   CNN(Thomas Balcerski): What 1932, 1980 and 1992 can tell us about 2020

•   CNN(Arick Wierson, Bradley Honan): Donald Trump has run a historically bad re-election campaign

•   CNN(Lee Drutman, Anne-Marie Slaughter): This one tweak to our voting system could change everything

•   CNN(David A. Andelman): What Europe fears most about the US election

•   CNN(Gaby Goldstein, David Daley): Vote the whole ballot. The next decade depends on it

•   MarketWatch(Pierre Briançon): France and Germany order lockdowns --- but is France too late and facing another economic shock?

•   Fox News(Newt Gingrich): Elections are never predictable — every vote matters

•   Fox News(James Carafano): China, Russia, Iran and North Korea care about US election results — here's why

•   Fox News(Brian Brenberg): Record GDP number proves to voters that Trump is president of growth

•   서경(사설): 탈원전 강행하면서 '2050 탄소 중립' 가능하겠나

•   중앙(권혁주): 경제성 조작, 월성 1호기 뿐일까

•   중앙(정해용): 감사원 “원전 폐쇄 불합리” 판정…에너지 전략 손질해야

•   한겨레(이정윤): 월성 1호기를 떠나보내며