Business Intelligence Monitor 211005

(Introduction)

[Markets]

•   Global: Stocks, dollar ease on growth, inflation concerns

※   U.S. again questions China on Phase I trade deal

※   Friday's jobs report looms over market

•   Hong Kong: World’s Biggest Stock Market Loser Hong Kong Just Keeps Falling

•   Commodities: Bloomberg Commodities Index Hits Record High

•   Oil: US oil hits 7-year high after Opec+ resists calls to accelerate production

•   Coal: Global Energy Crisis Drives U.S. Coal Prices to Two-Year High

•   Metals: Shortages help aluminium towards 13-year highs

•   Grains: Soybeans hit 9-month low on big U.S. stocks, low Chinese buying

[Indicators]

•   US Aug. Factory orders: U.S. factory orders gain steam as manufacturing keeps humming

•   Eurozone Oct. Investor morale: Euro zone investor morale slumps to 6-month low

•   Turkey Sep. CPI: Turkish inflation accelerates at fastest pace in two-and-a-half years

•   한국 2분기 건설공사 계약: 2분기 건설공사 계약액 76조원···전년보다 19%↑

•   한국 8월 아파트 증여: 올해 1∼8월 아파트 증여 5만8천298건…비중 6.8% 역대 최고치

•   한국 9월 주택가격(KB): 가속도 붙은 집값… 14년9개월만에 최대상승

[Trackers]

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

•   Worldometer: COVID Live Update

•   Bloomberg: Covid-19 Vaccine Tracker

•   NYT: Covid-19 Vaccine Tracker: Latest Updates

•   FT: Pandemic crisis: Global economic impact tracker

•   CNN: Tracking America's recovery

•   Bloomberg: Global PMI Tracker

•   Bloomberg: The Covid Resilience Ranking

[News]

•   WSJ: OPEC Opts Against Big Output Boost, Pushing Oil Prices to Seven-Year High

※   Cartel and Russia-led group had previously said they would add about 400,000 barrels a day each month through next year

•   WSJ: OPEC+ Didn’t Need To Open the Spigots Yet

•   WSJ: U.S. Wants New Trade Talks with China, But Will Keep Tariffs

※   Policy outlined by U.S. Trade Representative Katherine Tai builds on Trump’s foundation

•   WSJ: Global Trade Boom to Continue After Covid-19 Reopening Bounce

※   WTO: Global trade rebound beats expectations but marked by regional divergences

•   WSJ: Schumer Urges Action on Debt Ceiling by End of Week

•   WSJ: How America’s Polarized Politics Produced Democrats’ Internal Fight

•   WSJ: Broader Inflation Pressures Begin to Show

•   WSJ: Treasury to Begin Redistributing Rental-Assistance Money to High-Need Communities

•   WSJ: Fed Prepares to Launch Review of Possible Central Bank Digital Currency

•   WSJ: China Evergrande Unit Flags Possible Takeover Bid

※   Property-services subsidiary halted trading in Hong Kong; a deal could bring in much-needed cash for its parent company

•   WSJ: Selling Off Its Property Services Won’t Save Evergrande

•   WSJ: Is It Flu or Covid-19? It’s Harder to Tell the Symptoms Apart This Year

•   WSJ: Covid-19 Booster Shots Win Broad Backing From European Regulator

※   The move comes after the U.S. Food and Drug Administration issued a narrower endorsement of the shots

•   WSJ: China Flies a Dozen Bombers Near Taiwan, Prompting Protest From Taipei

•   WSJ: Empty Buildings in China’s Provincial Cities Testify to Evergrande Debacle

•   WSJ: Dollar Strength Gives Wall Street Something New to Worry About

•   WSJ: Elizabeth Warren Calls for SEC to Investigate Federal Reserve Officials’ Trading Activities

•   WSJ: Facebook, Instagram and WhatsApp Remain Down in Major Outage

•   WSJ: Why It’s Easier to Find Expensive Appliances Than Cheaper Ones

•   WSJ: Qualcomm Wins Veoneer Bid to Advance Self-Driving Car Ambitions

•   NYT: With Biden’s Agenda in the Balance, Lobbying Kicks Into High Gear

•   NYT: Biden says Republicans are being ‘reckless’ over the debt limit increase.

※   White House: Remarks by President Biden on the Need to Raise the Debt Ceiling

•   NYT: Johnson & Johnson to Seek F.D.A. Authorization for Booster Shot

※   The request, expected this week, comes after a study found the company’s vaccine was only 71 percent effective against hospitalization from Covid-19.

•   NYT: Battling Delta, New Zealand Abandons Its Zero-Covid Ambitions

•   NYT: Ford’s sales fell 27 percent in the third quarter because of chip shortages.

•   WP: For Democrats and the Biden agenda, it’s becoming a matter of trust

•   WP: U.S. tax havens lure wealthy foreigners and tainted money - Washington Post

•   WP: How U.S. economic sanctions hit Russian oligarchs, Putin insiders - Washington Post

•   WP: Trump wanted to announce his 2024 reelection campaign in August

•   FT: Tackle greenwashing to boost sustainable investment, says IMF

※   IMF: How Investment Funds Can Drive the Green Transition

•   FT: Central banks differ on dispelling nightmare of stagflation

•   FT: The hazards in weighing the burden of trade bureaucracy

•   FT: Covid fight hinges on swaying older vaccine-hesitant people

•   FT: Vaccination focus switches to the elderly

•   FT: France and Spain demand changes to EU energy market

•   FT: Europe’s energy crisis threatens to reignite disputes within the bloc

•   FT: European gas crunch pushes up carbon price

•   FT: UK’s 2035 zero carbon electricity goal ‘extremely challenging’

•   FT: Overseas interest in UK truck jobs keenest among those not qualified

•   FT: Frost threatens to suspend part of N Ireland deal with EU

•   FT: Sunak warns excessive public borrowing is ‘immoral’ and hints at future tax cuts

•   FT: Ireland to invest €165bn in infrastructure

•   FT: US retailers fear supply shortages ahead of Halloween

•   FT: Investors suffer 60/40 blues as investment mainstay takes a hit

•   FT: California works to contain pollution from Pacific coast oil spill

•   FT: Electric vehicles: the revolution is finally here

•   FT: Global airlines commit to net zero CO2 emissions by 2050

•   Bloomberg: US Moves Closer to Default as Debt Ticks With No Congress Plan

•   Bloomberg: The Real Cost of U.S. Debt Is Nearer the Floor Than the Ceiling

•   Bloomberg: Fed’s James Bullard Sees Inflation Risks as Americans Adjust to Higher Prices

•   Bloomberg: U.K. Supply Chain Crisis Is Good for Wages, Says Boris Johnson's Government

•   Bloomberg: Why U.K. After Brexit Faces Fuel Shortage, Winter Crisis and Covid

•   Bloomberg: Goldman Says Sunak Is Still Worried About U.K. Unemployment Jump

•   Bloomberg: French Government Sees Annual Growth at 1.4% From 2024 Onward

•   Bloomberg: Nuclear Gains Ground in Plans to Phase Out Gas Use in Europe

•   Bloomberg: Nuclear Giant EDF Urges Overhaul of EU Rules to Reach Net Zero

•   Bloomberg: U.K. Sees More Nuclear as the Fix to Energy Crisis

•   Bloomberg: German Power Hits Record Price for November on Tight Fuel Supply

•   Bloomberg: German Ministry Jumps to ECB’s Aid in Defending Inflation Spike

•   Bloomberg: India Farm Protests Gather Momentum After 4 Demonstrators Killed

•   Bloomberg: Taiwan Says Peace Crucial to Chip Supply as China Pressure Grows

•   Bloomberg: GlobalFoundries Files for an IPO, Capitalizing on Chip Boom

•   Bloomberg: Global Energy Crisis Draws New Lines in Coal’s Trade Map

•   Bloomberg: Aramco Says Global Natural-Gas Crisis Is Boosting Oil Demand

•   Bloomberg: Coal Prices May Have Reached Peak, Top Philippine Miner Says

•   Bloomberg: Global M&A Boom to Last for Years, Says Deutsche Dealmaker

•   Bloomberg: China’s Energy Crisis Has Villagers Questioning Its Climate Path

•   Reuters: G20 urged to drive better environmental, social investing practices

•   Reuters: Nord Stream 2 starts filling pipeline with gas for tests

•   Reuters: Exclusive: Commodity traders face big margin calls as gas prices soar

•   Reuters: Analysis: World Bank, IMF face long-term damage after data rigging scandal

•   Reuters: Analysis: Eye on polls, Turkey's Erdogan may regret rate cut he pushed for

•   CNN: This electric car can go 520 miles on a charge but the CEO doesn't think that's important

•   CNBC: Dr. Scott Gottlieb says ‘nothing is going to stop’ families from gathering for holidays

•   CNBC: Truck driver, HGV shortage in U.K. could soon hit the rest of Europe

•   CNBC: JPMorgan Chase CEO Jamie Dimon: Bitcoin is a little bit of fool's gold

•   CNBC: World's longest under-sea electricity cable begins operations

•   CNBC: Pfizer Covid shot protects people from hospitalization even as effectiveness against infection falls, Lancet study confirms

•   CNBC: Washington welcomes news of direct talks between Iran and Saudi Arabia, official says

•   MarketWatch: Robots are hiding 27 million workers from employers who need them

•   SCMP: China shipping: container shortages leave exporters struggling to meet overseas orders ahead of Christmas shopping rush

•   SCMP: Coronavirus cases upend holiday plans in a corner of China’s Xinjiang region

•   SCMP: Kim Jong-un has made clear his sister Kim Yo-jong is his de facto No 2, what’s next for her?

•   Global Times: 'Frank conversations' sends positive signal for China-US trade relations: expert

•   Nikkei Asia: Fumio Kishida becomes Japan's 100th prime minister

•   Nikkei Asia: New Japan PM Kishida skeptical China will qualify to join CPTPP

•   Economic Times: Consumption recovery to improve from early 2022: Morgan Stanley

•   Economic Times: ICRA revises energy demand growth outlook for FY22 upwards to 8.5%

•   OilPrice.com: Saudi Arabia To Boost Oil Production Capacity To 13 Million Bpd in 2027

•   MINING.com: Australia says iron ore price expected to reach $150 by late 2021

•   DIGITIMES: PCB suppliers see normal order momentum for iPhone 13 series

•   DIGITIMES: TSMC on track to meet revenue goal this year

•   Hannover Messe News: Sustainable Energy Solutions for Intralogistics

•   매경(P1): [단독] "세금 폭탄에 매물 쏟아진다더니"…1년새 서울 경기 아파트 2만채 사라졌다

•   매경: "아파트 매물 10만개 쏟아지게 할 방법 있다"…전문가 해법 들어보니

•   매경(P1): 취준생 숨통 트일까…대기업 채용 시장 열린다, IT 쏠림 뚜렷해져

•   매경: "우리 회사 왜 오고 싶어요?"…"사내 교육은 비대면으로" , 메타버스서 취업설명회·신입사원 연수까지

•   매경: 韓대기업 대졸 초임 평균 5084만원

•   매경(P1): 이사철 코 앞인데…전세대출, 이젠 보증금 오른만큼만 해준다

•   매경: 채용늘린 기업에 '稅감면 2배'…효과는 글쎄

•   매경: [단독] 롯데, 세계 수소인프라 펀드에 亞기업 첫 투자

•   매경: 현대차노조 밥그릇 싸움…울산 전주 충돌

•   매경: "규제 피하자"…'미니' 정비사업 전성시대

•   매경: 美 상무부 '고객정보 요구' 거부한 TSMC

•   한경(P1): 사모펀드發 20조 기업 매물 쏟아진다

•   한경: "M&A로 사세 키우자"…요즘 최대 바이어는 중견기업

•   한경: 금리 오르기前 '마감 세일'…알짜 기업 속전속결 거래 가능성

•   한경: MBK·KKR 등 간판 PEF…이미 실탄 쌓고 관망 중

•   한경(P1): 亞 넘어 美·유럽 기업 정조준…세계 M&A '큰손' 된 K기업

•   한경: 해외기업 M&A 건수, 올 들어 두 배 늘어

•   한경(P1): "4분기 코스피, 2900선까지 밀릴 수도"

•   한경(P1): 다산경제학상 장용성, 젊은 경제학자상 고영우

•   한경: 기름부자 허세인 줄 알았더니…"두바이에 천지개벽 일어났다"

•   한경: 저소득층, 돈가뭄에 私금융 몰린다…자영업자 "사채라도 써야할 판"

•   한경: 대출규제에 날개 꺾인 인터넷은행

•   한경: 총량규제에 은행들 '선착순 대출'…"이대로면 12월에 대출 셧다운"

•   한경: "美, 원전 의존도 안 줄여…청정에너지로 인정"

•   한경: 온실가스 배출 기업 68%…"2030년 감축목표 과도하다"

•   한경: 규제 샌드박스 덕에…액화수소 내년 말 생산

•   한경: 문재인 정부 4년 공공부문 인건비 34조 급증

•   한경: 현대글로비스 '수소 플랫폼 기업' 대변신

•   한경: "내년부터 공급부족 심화"…韓·中·日 웨이퍼 증설 경쟁

•   한경: 스마트폰 세계 판매량, 올해 3%P 줄어들 듯

※   Counterpoint: Semiconductor Shortages Hitting Smartphone Industry Hard; Counterpoint Lowers H2 2021 Shipment Forecasts

•   한경: 인텔 "냄새 맡고 촉감 느끼는 로봇 곧 나올 것"

•   서경(P1): 동시다발 4대 복합위기···기업 '도미노 셧다운' 공포

•   서경: 中 "반도체 원료 생산량 90% 줄여라"...삼성·SK 메모리도 불똥

•   서경: 삼성·LG, 북미공장 생산 늘려 대응...中企는 수출 선박 못구해 발만동동

•   서경(P1): 재산세 '30% 상한' 가구, 文정부들어 21배 늘었다

•   서경: 재산세 상한, 2건→1.6만건···집도 못파는데 세폭탄만 맞았다

•   서경(P1): [알립니다] 서울경제 미래컨퍼런스 2021 엽니다

•   서경: ‘담합 피해’ 직접 입은 물류사도 “해운규제 신중해달라”

•   서경: 물가 치솟자···모든 부처서 모니터링

•   서경: 집값에 짓눌린 청년층···“민간소비 위축 우려”

•   서경: 정부 ‘대형 ESS 편애’에 치여···소규모 사업장 줄줄이 가동 중단

•   서경: "포스코 수소환원제철 기술력 탁월···경쟁사와 기술 공유"

•   서경: 늦어지는 '삼바産 모더나'···이달엔 풀리나

•   서경: 단 한명이 아파트 269채 싹쓸이···"정부가 판 깔아줬다"

•   서경: 연말 배당시즌 노리나···'우선주' 담는 외국인

•   조선: 버튼 한번 누르면 하늘로… 중국선 “플라잉카 내년 예약”

•   조선: 정부 지원 늘어가는 공기업… 토지주택公 4조, 道公 2조

•   조선: 공기업 영업이익률 5년새 3분의 1토막

•   조선: 로봇이 조립·운반… AI는 불량나사 하나까지 찾아낸다

•   조선비즈: [과속페달 탄소중립]① 무리한 온실가스 감축목표로 ‘감산→경쟁력 약화’ 우려

•   중앙(P1): 기시다 “김정은과 조건 없이 마주할 것”

•   JTBC: [단독] 온실가스 관리 손 놓았나? 목표 못 지켜도 '과태료 1건'뿐…마음 놓은 기업들

•   동아(P1): 北, 일방적 끊었던 남북통신선 55일만에 복원 ‘강온 반복’

•   동아: 공급망 쇼크-원자재값 폭등에 배터리 업계도 비상

•   한국: 대장주로만 77조 날린 개미들... 또 휘청댄 亞 증시에 한숨

•   서울: 대형 건설사라고 믿었는데… 아파트 하자보수 판정 많았다

•   서울: ‘배터리 선배’ LG 보며 후폭풍 줄이는 SK

•   세계(P1): [단독] 국채 회수 손 놓은 기재부…나랏돈 매년 조 단위 떼였다

•   한겨레(P1): 전세계 덮친 ‘에너지난’ 유럽, 친환경 후퇴 우려

•   한겨레: 중기 “ESG 준비 역부족…국내외 거래업체는 거래정지 위협”

•   머니투데이(P1): 연내 통합' 물건너간 대한항공-아시아나…美·中·日에 운명 달렸다

•   머니투데이: 다음달부터 '위드코로나'..."소비 회복에 4.2% 성장 달성 청신호"

•   머니투데이: 실적시즌 도래, 3Q 역대 최고치 전망에도 우울한 증권가, 왜?

•   머니투데이: 용산은 알고 있었다, 7만전자…"반년전엔 부르는 게 값이었는데"

•   파이낸셜뉴스(P1): [단독]삼성전자 분기 매출 73조.. 반도체로만 10조 벌었다

•   파이낸셜뉴스(P1): "수출품 실어나를 배가 없다" 중기 울리는 물류대란

•   파이낸셜뉴스: 물류대란에 운임·보관료까지 치솟아… "팔면 팔수록 손해" [수출길 막힌 中企]

•   파이낸셜뉴스: "경제 살리기보다 노조표가 먼저냐" 노동이사제 확대 등 친노동법 예고 [與 규제입법 독주]

•   파이낸셜뉴스: "일감 가져와도 연장근로 못하니…" 뿌리·조선 "주52시간제 보완해야"

•   파이낸셜뉴스: “상장사 지배구조보고서 의무화, 긍정적 영향”

•   디지털타임스(P1): [기획] 4년전 플랫폼 키운다더니… 동네북 만든 문정부

•   디지털타임스: [그린플레이션 공포] `착한` 에너지의 `독한` 후폭풍, 탄소중립이 물가 상승 부추긴다

•   디지털타임스: [그린플레이션 공포] "국내 정책 2050년 목표로 완급조절 필요"

•   디지털타임스: [그린플레이션 공포] 정부, 재원대책 없이 `탄소세`만 만지작

•   디지털타임스: 돈 쌓이는 은행, 요구불예금 한달새 10조 증가

•   이데일리: 재고자산 축소나선 마이크론…삼성·SK, 메모리 시장 먹구름끼나

•   이데일리: 고작 11%만 분양…올해 서울 아파트 청약 씨 말랐다

•   이데일리: '법인 세우고, 경쟁사와 연대'…수소 본격화 나선 기업들

•   이데일리: "집단면역 불가능…획일적 거리두기 끝내자"[스페셜리포트]①

•   연합: 오늘 1천700명 안팎 예상…단풍철-한글날 연휴 등 '변수' 여전

•   연합: "스마트폰 물량, 예년의 60% 불과"…성수기 발목잡는 부품난

•   뉴시스: 반도체 시장, 겨울이 오고 있나…비관론 '일파만파'

•   뉴시스: [내우외환 中]③韓기업, 전력난에 '초긴장'

•   KBS: [단독] 갈 길 잃은 ‘탄소중립 시나리오’…해외 압박까지 거세져

•   e대한경제: 삼성 폴더블폰 흥행에도… 공급 차질 ‘골머리’

•   에너지경제: 석탄화력발전 일자리·안전 문제, 국감 화두로 부상

•   에너지경제: 中 수소차 산업 ‘상용차’ 중심 빠른 성장세 보여

•   에너지경제: REC 현물가격 3개월 만에 3만원대로 회복

•   에너지경제: '수소경제'의 열쇠…조선·석화업계, 암모니아 기술개발 후끈

•   전자신문(P1): [단독] GS그룹, 'GS파크24' 독자 계열사로 모빌리티 키운다

•   전자신문: [뉴스해설]경계현 삼성전기 사장의 1조 투자...'FC-BGA'에 집중

•   ZDNet Korea: 4차산업혁명 페스티벌 6일 개막···정치권·산업계·대학가도 큰 관심

[Opinions]

•   Project Syndicate(Joseph S. Nye, Jr.): The China Sleepwalking Syndrome

•   Project Syndicate(Willem H. Buiter): Central Banks and the Looming Financial Reckoning

•   Project Syndicate(Hector R. Torres): Argentina's Confidence Game

•   Project Syndicate(Zhang Jun): The Neglected Sources of China's Economic Resilience

•   FT(Editorial Board): Central banks must be alert to stagflation

•   FT(Editorial Board): EU’s costly plan to close the semiconductor gap

•   FT(Gideon Rachman): Why Germany is the west’s sanest country

•   FT(Helen Thomas): Labour shortages must not be seen as simple case of business vs Brexit

•   FT(Jeffrey Kleintop): The bull case for investing in China

•   WSJ(Walter Russell Mead): Biden’s Biggest Tests Aren’t in Washington

•   WSJ(David B. Rivkin Jr., Lee A. Casey): The Constitution Requires Congress to Set a Debt Limit

•   NYT(Paul Krugman): On Concerns About Debt, and Disregard for Climate and Child Poverty

•   NYT(Christopher Caldwell): A Pillar of the European Order Has Collapsed

•   WP(Catherine Rampell): To ‘Build Back Better,’ Democrats should focus spending on children and climate programs

•   WP(Greg Sargent): Biden’s challenge to Mitch McConnell on the debt limit could call the GOP’s bluff

•   Bloomberg(Editorial Board): U.S. Should Rejoin CPTPP Trade Pact to Counter China

•   Bloomberg(Anjani Trivedi): Shortages, Supply Chain Congestion Will Make Christmas Shopping More Expensive

•   Bloomberg(Gary Shilling): The Federal Reserve Confronts An Almost Impossible Task

•   CNBC(Karen Firestone): Never mind the headlines. A decline in the S&P 500 could present an opportunity

•   MarketWatch(Mark Hulbert): Stock market's volatile October history means it's time to steady yourself for a 'black swan' event

•   Reuters(John Kemp): Hedge funds flock to oil as energy shortages worsen

•   Caixin(Lu Ruquan): How China’s Funding Halt for Overseas Coal Projects Will Affect Developing Countries

•   매경(사설): 세계 경제 복병된 '그린플레이션' 한국 탄소중립 과속 경계해야

•   한경(한상춘): 韓 경제, '회색 코뿔소'와 '퍼펙트 스톰' 후보는?

•   조선(손진석): 유럽 태양광 1등국의 이면