Business Intelligence Monitor 210212

(Introduction)

[Markets]

•   Global: Stocks slip, reversing early gains; U.S. oil settles lower

•   US: Treasury yields rise after Fed pledge of ‘patiently accommodative’ policy

•   Metals: Copper hovers near eight-year high as Chinese holiday starts

•   Grains: CBOT corn, soybeans rebound on strong demand; wheat weak

•   Cryptocurrency: Bitcoin hits record as US financial giants embrace cryptocurrency

[Indicators]

•   US Weekly Jobless claims: Winter Layoffs Show Early Signs of Easing

•   UK Jan. Construction PMI: UK construction output slips in January

•   한국 12월 전력거래량: 지난 연말 전력거래량 소폭 늘어…한파에 난방 사용 증가 영향

•   한국 주간 아파트 가격(부동산원): 역대급 공급대책 효과? 아파트값 상승세 다소 주춤

•   Philippines Benchmark rates: Philippines Keeps Rates at Record Low as Inflation Accelerates

•   Mexico Benchmark rates: Mexico central bank cuts interest rates, says outlook uncertain

•   Malaysia Q4 GDP: Malaysia’s Economy Suffers Worst Year Since 1998 Asian Crisis

[Trackers]

•   Johns Hopkins University: COVID-19 Global Cases & Deaths

•   Bloomberg: Covid-19 Vaccine Tracker

•   NYT: See Coronavirus Restrictions and Mask Mandates for All 50 States

•   FT: Pandemic crisis: Global economic impact tracke

•   CNN: Tracking America's recovery

•   Bloomberg: Global PMI Tracker

[News]

•   WSJ: Biden, China’s Xi Hold Talks Over Human Rights, Trade, Climate

•   WSJ: Possible Early Covid-19 Cases in China Emerge During WHO Mission

•   WSJ: Biden Says U.S. Struck Deals for 200 Million More Covid-19 Vaccine Doses

•   WSJ: Biden Says China Will ‘Eat Our Lunch’ on Infrastructure

•   WSJ: Biden Administration Working to Address Chip Shortage Affecting Auto Makers

•   WSJ: U.S. Debt on Track to Hit a Record 107% of GDP by 2031, CBO Says

※   CBO: The Budget and Economic Outlook: 2021 to 2031

•   WSJ: Forecasters Lift Expectations for 2021 Economic Growth

•   WSJ: Cash-in-Pockets Emerges as New Democratic Approach to Federal Aid in Coronavirus Bill

•   WSJ: Fed’s Daly Sees Central Bank Maintaining Its Bond-Buying Pace Through 2021

•   WSJ: Transcript: WSJ Interview With San Francisco Fed Chief Mary Daly

•   WSJ: AstraZeneca Plans to Double Covid-19 Vaccine Output

•   WSJ: Drugmakers Look for New Ways to Test Covid-19 Vaccines

•   WSJ: As Huawei Talks Stall, Detention of Two Canadians in China Drags On

•   WSJ: GameStop Mania Is Focus of Federal Probes Into Possible Manipulation

•   WSJ: In a Turnaround, Israel’s Netanyahu Woos Arab Voters to Sway Election

•   WSJ: What’s Ahead for Energy and the Climate

•   WSJ: Tencent Executive Held by China Over Links to Corruption Case

•   WSJ: CVS and Walmart Decide Who Gets Leftover Covid-19 Vaccine Doses

•   WSJ: Microsoft Urges U.S. to Make Tech Giants Pay for News

•   WSJ: Another Remote-Work Year Looms as Office-Reopening Plans Are Delayed

•   WSJ: Disney+ Adds 21.2 Million New Subscribers

•   NYT: Trump Was Sicker Than Acknowledged With Covid-19

•   NYT: If Convicting Trump Is Out of Reach, Managers Seek a Verdict From the Public and History

•   NYT: The Biden Team Wants to Transform the Economy. Really.

•   NYT: The Newest Diplomatic Currency: Covid-19 Vaccines

•   NYT: Shell, in a Turning Point, Says Its Oil Production Has Peaked

•   WP: Takeaways from day 3 of Trump’s second impeachment trial in the Senate

•   WP: Now out of office, Trump may have to face tax questions

•   WP: Biden wants to create millions of clean-energy jobs. China and Europe are way ahead of him.

•   WP: Mortgage rates stuck in neutral amid economic uncertainty

•   WP: Biden pauses court cases on TikTok, WeChat bans

•   WP: Amazonas capital Manaus, hit hard by the pandemic, is suffering from a shortage of medical oxygen. Its remoteness and poor infrastructure are partly to blame. - Washington Post

•   WP: The Energy 202: Biden's electric vehicle plans put to test in dispute between battery makers

•   FT: Beijing bans BBC news channel in retaliatory move

•   FT: Five Star votes to back Draghi as Italy’s prime minister

•   FT: ‘Italy is back’: Renzi hails prospect of Draghi government

•   FT: Tensions rise in Ecuador as election results roll in

•   FT: Brussels lifts forecasts for eurozone’s economic recovery

※   European Commission: Winter 2021 Economic Forecast: A challenging winter, but light at the end of the tunnel

•   FT: US suspends trading in penny stock as regulator sharpens gaze

•   FT: African countries unsure whether to use Oxford/AstraZeneca jab

•   FT: Myanmar junta pushes punitive cyber security bill

•   FT: Arthritis drug saves lives and speeds recovery from Covid-19, trial shows

•   FT: Trade-phobic governments may be jumping at electoral shadows

•   FT: Iran’s vaccination drive becomes ensnared in geopolitics

•   FT: US says it will not stand by while Houthi rebels attack Saudi Arabia

•   FT: Brazil passes law giving autonomy to central bank

•   FT: UK households feel financial pain as Covid impact intensifies, FCA warns

•   FT: Trust deficit is killing a deeply flawed Northern Ireland agreement

•   FT: EU sinks UK hopes of overturning shellfish ban

•   FT: Small businesses to be offered grants to cope with Brexit disruption

•   FT: Bailey’s tough talk on EU raises City worries over post-Brexit access

•   FT: ECB urged to ‘decarbonise’ its €2.4tn corporate credit holdings

•   FT: Fresh blow for London as euro derivatives trading floods out

•   FT: LinkedIn and Zynga founders near deal to buy flying taxi start-up Joby

•   FT: Debate on Islamist extremism law exposes deep rifts in France

•   FT: Accounting watchdog told Wirecard it did ‘not want’ to investigate fraud

•   FT: Russia’s top gold company shifts mines to hydropower

•   FT: US banks push Fed for extension of Covid capital relief

•   FT: Germany’s first privatised Landesbank plans acquisitions

•   FT: Microsoft approached Pinterest about a takeover

•   FT: Vaccines vs variants: the race to immunise the developing world

•   FT: Trump Takes on the World part two: flip-flopping and snubs

•   FT: How ‘scale-up’ business became the engine of job creation

•   FT: Brazil’s new frontier is transforming its fortunes — but at what cost?

•   FT: US brokers’ race to attract investors stokes concerns over risks

•   Bloomberg: Stimulus Checks: Americans Plan to Save, Not Spend, Covid Relief Money

•   Bloomberg: Biden Eyes More Foreign Workers While Skirting H-1B Visa Uproar

•   Bloomberg: Mortgage Investors Bracing For Fed’s Taper May Be Disappointed

•   Bloomberg: Is Inflation Returning? Not in Sight But Debate Remains

•   Bloomberg: JPMorgan Says Commodities May Have Just Begun a New Supercycle

•   Bloomberg: Europe to Coax U.S. Back to WTO Amid Growing China Challenge

•   Bloomberg: White House Officials Back Economists Spriggs, Cook for Fed

•   Bloomberg: Merkel Warns Mutations Could Wreck Progress in Virus Fight

•   Bloomberg: EU Weighs Deal With TSMC, Samsung for Semiconductor Foundry

•   Bloomberg: More African Nations Seen Tapping G-20 Debt Plan on Revenue Drop

•   Bloomberg: Dubai Bets on UAE Vaccine Drive to Keep Economy Open

•   Bloomberg: India Inflation Staying Above 6% Seen as Risk to Rates Path

•   Bloomberg: The World Going Electric Lifts Europe’s Industrial Behemoths

•   Bloomberg: Qualcomm CEO Elect Cristiano Amon Says Huawei Ban May Help With Chip Shortages

•   Bloomberg: Ford Chief Calls For EV Battery Deal to Avoid Supply Disruptions

•   Bloomberg: Vaccines, Energy Supply Top South African Leader’s Priority List

•   Bloomberg: Five Key Things to Watch for in South African President’s Speech

•   Bloomberg: Clean Tech Valuations Are Wildly Out of Sync With Company Profit

•   Bloomberg: Climate Targets Could Cost Petrostates $13 Trillion, Study Finds

•   Bloomberg: Solar and Wind Are Reaching for the Last 90% of the U.S. Power Market

•   Bloomberg: EU Mulls Curbs on Speculation in Europe Carbon Market

•   Bloomberg: EU Carbon Permits Rise to a Record as Hedge Funds Bet Prices Rise on EU Goals

•   Bloomberg: Trump’s Environment Policies Killed Thousands, Scientists Say

•   Reuters: OPEC again cuts 2021 oil demand view, sees second half pickup

※   OPEC: MOMR February 2021

•   Reuters: Oil market rebalancing will soon set stage for more OPEC+ supply: IEA

※   IEA: Oil Market Report - February 2021

•   Reuters: Yellen eyes innovation to battle misuse of cryptocurrencies, narrow digital gaps

•   Reuters: EU approves all requests for COVID-19 vaccine export to UK, U.S., Japan, China

•   Reuters: Exclusive: EU faces bankruptcies and bad loans as COVID-19 help for firms ends - EU document

•   Reuters: Exclusive: Dozens of former Republican officials in talks to form anti-Trump third party

•   Reuters: Brazil minister says Amazon coronavirus variant three times more contagious

•   Reuters: Myanmar leader urges civil servants to return to work

•   Reuters: Exclusive: Vietnam intervened in currency markets weeks after U.S. censure: sources

•   Reuters: Exclusive: How GameStop missed out on capitalizing on the Reddit rally

•   CNN: Home prices went up all over the country

•   CNN: With Biden going big, Wall Street economists are growing bullish on the US economy

•   CNN: New coronavirus variants are threatening the world's economic recovery

•   CNN: Elon Musk, the world's richest man, is about to get a whole lot richer

•   CNN: How risky is it to buy a Tesla using bitcoin?

•   CNBC: General Motors invests $100 million in two U.S. plants to boost transmission production

•   CNBC: Pelosi says $15 federal minimum wage will be in the bill the House sends to Senate. Here’s what you need to know

•   CNBC: Fed's Harker says inflation won't be posing a threat anytime soon

•   CNBC: Biden gets 62% approval in CNBC economic survey, topping first ratings of the last four presidents

•   CNBC: Bill Gates says bioterrorism and climate change are the next biggest threats after pandemic

•   CNBC: Green hydrogen: Stocks picks from Wall Street analysts

•   Hill: Biden terminates Trump emergency order used to construct border wall

•   Axios: Scoop: Biden considering Lisa Cook for open Fed seat

•   SCMP: Could an Iran nuclear deal be the start of a US-China relations reset?

•   SCMP: Can Thailand’s generals help Myanmar’s coup leaders in ‘democratic process’?

•   SCMP: China’s coronavirus fears curb migrant worker travel over Lunar New Year, but small factories to stay shut

•   SCMP: China-Australia relations: allowing coal ships to dock on humanitarian grounds not seen as softening of import ban

•   SCMP: China’s tourism industry expected to remain weak early in 2021 amid fresh coronavirus travel curbs

•   Global Times: News Analysis: German car industry benefits from cooperation with China

•   Nikkei Asia: Suga plays it safe to avoid Japan's third virus emergency

•   Nikkei Asia: The future is antiviral for Japan's material makers

•   Nikkei Asia: Samsung races to guard its secrets as China rivals close in

•   매경(P1): 세기의 배터리 소송' LG가 웃었다

•   매경: LG "인력·기술탈취에 제동"…SK "합의 서두르지 않겠다"

•   매경: 美 ITC, 판결 3번 미룬 고심 뒤엔…조지아 일자리 있었다

•   매경: LG "SK배터리 중단 원치않아…합의금은 협상태도에 달렸다"

•   매경: "인력 76명 빼갔다" 2019년 첫 소송

•   매경(P1): 코로나 확진 다시 500명대…"중대 갈림길"

•   매경: "조정장 속 '진주' 찾아라"…차량용 반도체 대란에 쏠린 눈

•   조선비즈: “슈퍼사이클 온다는데” 투자 표류하는 삼성…저만치 앞서간 TSMC

•   조선비즈: 셀트리온 “남아공 변이 치료제, 6개월 내 임상 완료”

•   조선비즈: "국산 코로나19 치료제, 남아공 변이 바이러스엔 효과 떨어져"

•   IT조선: AI 기술 격차 어쩌나...AAAI 2021 논문 살펴보니

•   데일리한국: 재계 총수들의 설연휴 경영구상…올해 그룹별 화두는

•   연합: 오늘 400명 안팎…거리두기-5인금지-영업제한 조정안 내일 발표

•   뉴스1: 신용대출 막혔다는데…최고한도·최저금리 은행 어디?

•   데일리안: 원전업계 고사 위기 몰고선…UAE 간 국회의장 "원전 건설 협력하자"

•   KHL: JCB aids robotic building project

•   For Construction Pros: Study: Surging Construction Activities Will Boost Scissor Lift Sales Through 2031

•   For Construction Pros: How the Pandemic Affected Equipment Rentals – And How the Industry is Shaping Up in Early 2021

•   OilPrice.com: The Most Fragile Oil Price Rally In History

•   OilPrice.com: Iran’s Geopolitical Powerplay Continues With Iraqi Oil Deals

•   Robotics & Automation News: Hitachi launches new industrial edge computer

•   Robotics & Automation News: Artificial skin brings robots closer to ‘touching’ human lives

•   Robotics Tomorrow: Effective Wireless Charging for AGVs

•   Economic Times: How did RBI pull bond yields below the crucial 6% mark?

•   Business Standard: Economic recovery reduces slippage risk for Indian PSBs: Moody's

•   Jakarta Post: Explainer: What’s sharia banking and where’s Indonesia taking it?

•   Viet Nam News: Construction firms urged to apply technology to improve efficiency

•   Myanmar Times: “Selective US sanctions will harm whole of Myanmar's export sector”

[Opinions]

•   Project Syndicate(Olivia Grégoire, Bertrand Badré): Europe’s ESG Opportunity

•   Project Syndicate(Jonathan Woetzel, Mekala Krishnan): Emerging Economies Have a New Imperative

•   Project Syndicate(Andrei Kolesnikov): Putin Is Losing the Battle for Russia’s Future

•   FT(Editorial Board): Amsterdam punctures City’s post-Brexit hopes

•   FT(Editorial Board): Botched Moscow visit is a wake-up call for the EU

•   FT(Philip Stephens): Joe Biden should look to Emmanuel Macron for a European ally

•   FT(Gillian Tett): The Fed needs to call time on cheap money

•   FT(Martin Sandbu): The challenges of European identity

•   FT(David Gardner): A decade after Hosni Mubarak fell, Egypt is a diminished state

•   FT(Justice Malala): South Africa’s problems only begin with its Covid variant

•   FT(Katrina Manson): Biden has his work cut out on human rights

•   FT(Carson Block): The ‘stonk’ bubble poses significant global risks

•   WSJ(Karl Rove): The Hubris of Joe Biden on Covid Relief

•   WSJ(Joseph C. Sternberg): What Inflation Debates Miss: Inflation

•   WSJ(David R. Osborne): Biden Fired Me, by Order of Big Labor

•   NYT(Editorial Board): Governors Are Easing Restrictions at Exactly the Wrong Time

•   NYT(Anna Sauerbrey): How Germany Lost Control of the Virus

•   WP(Editorial Board): Trump’s trial has crystallized the horror of Jan. 6. The Senate must convict him.

•   WP(Editorial Board): On a $15 minimum wage, Democrats must listen to the data

•   WP(Editorial Board): Biden’s tough stance on Saudi Arabia is getting results. He shouldn’t relent.

•   WP(Helaine Olen): Americans deserve a $15 an hour minimum wage. Congressional Republicans don’t agree.

•   WP(Monica Williams): I watched South Korea impeach and imprison its president. The U.S. can learn from it.

•   WP(Matthew Smith): How to dodge the Chinese veto on Myanmar

•   Bloomberg(David Fickling, Andy Mukherjee): The Shadow of England in India’s Farm Protests

•   Bloomberg(Conor Sen): The Pandemic Is Paving the Way for Better Life Options

•   Bloomberg(Noah Smith): Everyone Has to Pay When America Gets Too Old

•   Bloomberg(John Authers): Robots Won't Save Us From an Age of Inflation

•   Bloomberg(Shuli Ren): Should You Be Worried If You Own Tencent Stock?

•   Bloomberg(Matthew A. Winkler): If Anyone Can Make Investors Happy, It’s Janet Yellen

•   Bloomberg(Michael R. Strain): Biden’s Unemployment Checks Would Harm Economy

•   Bloomberg(Ferdinando Giugliano): Vaccine Passports: Why Should Boomers Get Priority Treatment?

•   Bloomberg(Leonid Bershidsky): Russia Has Been the Sputnik Vaccine’s Worst Enemy

•   Bloomberg(Bobby Ghosh): Iran Drops the Fig Leaf of Its Nuclear Fatwa

•   MarketWatch(Lawrence G. McMillan): Your biggest risk in this bullish stock market is ignoring sell signals

•   Reuters(John Kemp): Oil refineries are not national security assets