Business Intelligence Monitor 211008

(Introduction)

[Markets]

•   Global: Stocks rally as stagflation fears, energy prices ease

•   US: Dollar near 14-month high to euro, focus on inflation

•   US: Chinese Stocks in U.S. Surge After Hong Kong Peers Rebound

•   UK: Inflation Worries Hit U.K. Markets as Energy Prices Soar

•   Oil: Oil resumes rally, U.S. reserve release seen as unlikely

•   Metals: Perky stock markets lift copper prices

•   Grains: US soy futures rise, corn steady/firm, wheat weak

•   한국: 코스피, 4일만에 반등 2,960선 육박…기관 6천100억 순매수

•   한국: 두산그룹주 다 올라, 두산밥캣 두산중공업 4%대 오리콤 3%대 상승

[Indicators]

•   US Aug. Consumer credit: U.S. consumer credit grows in August at the smallest rate in seven months

•   US Sep. Dodge momentum index: Dodge Momentum Index Recovers in September

•   US Weekly Jobless claims: Jobless Claims Drop for First Time in Four Weeks

※   Initial claims for jobless benefits fell to 326,000 last week, after having ticked up in September

•   Germany Aug. Industrial production: German industrial production slumps on supply chain disruption

•   UK Sep. House prices: UK house prices post biggest monthly rise since 2007

•   Japan Aug. Coincident index: Japan's key economic index logs sharpest fall in 15 months

•   India Sep. Employment: India’s unemployment rate falls sharply in September to 6.86%: CMIE

•   한국 8월 경상수지: 8월 경상수지 75억달러 흑자…운송수지 급증 영향

•   한국 9월 FDI: 외국인직접투자(FDI) 올들어 182억달러···7년연속 200억달러 돌파 기대

•   한국 주간 아파트 가격(부동산원): 서울 전셋값 상승률, 2년째 매매가보다 높아

[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: Senate Set to Vote on Short-Term Debt Ceiling Extension

※   After Democratic and Republican leaders forge deal, some GOP lawmakers call the plan a capitulation

•   WSJ: Debt Ceiling Gives Investors Master Class in Complacency

•   WSJ: Pfizer Asks FDA to Authorize Covid-19 Vaccine in Young Children

※   Children ages 5 to 11 may be able to start getting immunized by November if health regulators authorize the shots

•   WSJ: Long-Covid Concerns Help Fuel Biden Administration’s Broad Vaccine Booster Push

•   WSJ: Moderna to Build Vaccine-Manufacturing Plant in Africa

•   WSJ: Natural-Gas Shortage Sets Off Scramble Ahead of Winter

•   WSJ: U.S. Troops Have Been Deployed in Taiwan for at Least a Year

※   Small presence of Americans secretly training local forces marks concern over China’s yearslong military buildup and recent moves

•   WSJ: U.S. Set Out to Hobble China’s Huawei, and So It Has

•   WSJ: Fed Official Outlines Steps to Address Climate-Related Financial Risks

•   WSJ: COP26 Perspectives: Seriti Resources CEO Mike Teke on the Future of Coal

•   WSJ: Winter Forecast Is Cold Comfort for Natural-Gas Consumers

•   WSJ: How the Tax Bill Could Hit Two U.S. Companies

•   NYT: Americans favor raising taxes on the rich. Why are Democrats struggling to do so?

•   NYT: China’s Power Crunch Exposes Tensions Ahead of Key U.N. Climate Summit

•   NYT: Biden to Speak About Vaccine Mandates in Chicago

•   NYT: Kristalina Georgieva’s tenure at the I.M.F. is in limbo as its board weighs allegations against her.

•   NYT: Germany’s Coalition Dating Game Starts to Get Serious

•   NYT: As Europe Faces a Cold Winter, Putin Seizes on the Leverage From Russia’s Gas Output

•   WP: Are Biden and Xi forging a tentative U.S.-China detente? It’s complicated.

•   WP: The world is questioning Washington’s competence, fearing prospect of U.S. default

•   WP: Why a debt ceiling breach would not be the first U.S. default

•   FT: Ireland signs up to global corporate tax deal

※   Move will cost country about €2bn in lost revenues as it ditches cherished 12.5% rate

•   FT: ECB minutes reveal concerns over eurozone inflation forecasts

※   ECB: Account of the July monetary policy meeting

•   FT: Shipping costs have finally slumped

※   Power shortages and Covid outbreaks in China have halved spot rates on one route.

•   FT: Evergrande shareholder to delist in Hong Kong as contagion hits stock

※   Family of tycoon Joseph Lau will take Chinese Estates private to reduce exposure to indebted developer

•   FT: Are trade rules stopping us from saving the planet?

•   FT: Laschet signals he will quit as leader of Germany’s CDU

•   FT: Olaf Scholz eyes narrow path to German ‘traffic light’ coalition after Merkel

•   FT: IEA chief says Russia has substantial scope to boost Europe’s gas supplies

•   FT: Poland defies EU as court backs government in ‘rule of law’ battle

•   FT: Scotland’s first minister on independence: ‘I’ve got time on my side’

•   FT: Get ready for the next round of Brexit poker

•   FT: New Bank of England chief economist warns of long-lasting inflation

•   FT: CIA beefs up China focus with new mission centre

•   FT: US energy secretary wades into price crisis

•   FT: Hedge funds cash in as green investors dump energy stocks

•   FT: Bond market specialists warn of fragility in Fed pullout

•   FT: South Korea’s global battery dominance raises supply chain risks

•   FT: Battery technology gives China an opening in electric vehicles

•   BBC: Intel not considering UK chip factory after Brexit

•   Bloomberg: Global Debt to Hit 260% of GDP, But Low Rates to Help, S&P Says

•   Bloomberg: China Energy Crisis Hitting Everyone in Global Supply Chain

•   Bloomberg: Xi-Biden Meeting: China's Leader Picks Opportune Time to Cool US Tensions

•   Bloomberg: WHO Wants Less Talk, More Action From Rich Nations on Doses

•   Bloomberg: Heart Damage Racks Covid Survivors a Year After Infection: Study

•   Bloomberg: US Kids Age 5-11 in Line for Covid Vaccine as Soon as Week of Nov. 1, 2021

•   Bloomberg: September Jobs Report: Taper Bets Likely to Remain Steady

•   Bloomberg: Powell's Fed Nomination Complicated by Trading Scandal, Congress Fighting

•   Bloomberg: Record Share of Small Businesses in U.S. Report Job Vacancies

•   Bloomberg: Global Energy Crisis Threatens to Hit U.S. Grids This Winter

•   Bloomberg: Biden Pledge to Boost Section 8 Housing Faces Congress

•   Bloomberg: Italy’s Clubs to Reopen for First Time Since Pandemic, Ansa Says

•   Bloomberg: EU Drafts Northern Ireland Plan to Avert Clash With Johnson

•   Bloomberg: ECB’s Stournaras Reckons Investor Rate-Hike Bets Are Unwarranted

•   Bloomberg: ECB Is Far From Inflation ‘Red Zone’ Despite Warnings, Lane Says

•   Bloomberg: Over 1 Million U.K. Jobs Furloughed in Final Month of Program

•   Bloomberg: Merkel Leaves Draghi Warning Him Not to Push Germany Too Far

•   Bloomberg: Pandemic May Change European Consumers for Good, ECB Study Finds

•   Bloomberg: Germany's Next Governing Coalition Faces Multiple Policy Issues

•   Bloomberg: U.K. Starts Trade Deal Process With Saudi Arabia, Gulf States

•   Bloomberg: India’s Coal Crisis Imperils Energy-Heavy Commodity Industry

•   Bloomberg: Japan’s New Finance Minister Stresses FX Stability Is Vital

•   Bloomberg: Here Are the Biggest Problems Facing the Fed Right Now

•   Bloomberg: Traders Hold Breath as China Markets to Reopen After Holiday

•   Bloomberg: China Fintech Crackdown: Central Bank's Yi Gang Vows to Curb Monopolies

•   Bloomberg: Mnuchin Says Crypto Stablecoins ‘Shouldn’t Be Like Casino Chips’

•   Bloomberg: Debt-Limit Deal May Fail to Spur Bill-Supply Surge Market Craves

•   Bloomberg: U.S. Loosens China Grip on $46 Billion Lithium-Battery Industry

•   Bloomberg: Electric Trucks Won’t Save Us

•   Bloomberg: Top Global Chipmakers Resist Biden Bid for Supply-Chain Data

•   Bloomberg: The Wait for Semiconductors Turns Ominous for Automakers

•   Bloomberg: China Energy Crisis Hitting Everyone in Global Supply Chain

•   Bloomberg: Reaching net zero by mid-century requires intense coordination and collaboration

•   Bloomberg: Coal Industry Is Getting Ample Funding to Pile Into New Plants

•   Reuters: Finland joins Sweden and Denmark in limiting Moderna COVID-19 vaccine

•   Reuters: World food prices hit 10-year peak -FAO

•   Reuters: U.N. chief appeals for $8 bln to equitably vaccinate 40% of world in 2021

•   Reuters: German vaccine panel recommends booster shots for over 70s

•   Reuters: UK COVID-19 cases rise to 40,701, highest in a month

•   Reuters: UK firms raise their inflation expectations - BoE survey

•   Reuters: Europe approves Merck's plant to make J&J COVID-19 vaccine

•   Reuters: Spain's COVID-19 rate at 'low risk' level for first time in 15 months

•   Reuters: Germany does not expect extra covid curbs this winter - minister

•   Reuters: Indonesia approves COVID-19 vaccine of China's Zhifei unit

•   Reuters: EXCLUSIVE U.N. expert calls for N.Korea sanctions to be eased as starvation risk looms

•   Reuters: Gas spike set to squeeze oil market as users switch

•   Reuters: 'Containergeddon': Supply crisis drives Walmart and rivals to hire their own ships

•   Reuters: Analysis: Fall in China's $1.3 trln land sales to test local finances, economy

•   CNN: A global energy crisis is coming. There's no quick fix

•   CNBC: Here’s how U.S. government agencies are planning to adapt to climate change

•   CNBC: UAE wins plaudits and skepticism for first net-zero pledge in region

•   CNBC: Andrew Forrest on renewable energy sources, clean hydrogen, climate

•   MarketWatch: ‘I don’t think there’s a lot of upside from here,’ says legendary investor, but U.S. stocks could rise in 2022 if earnings are good

•   MarketWatch: California port crisis, tangled supply chains are fueling a shipping container boom. Will it bust?

•   Fox Business: White House: No actions planned to address gas price surge

•   SCMP: China’s Xinjiang faces hidden risk from debt-heavy XPCC, with spending tipped to rise after US withdrawal from Afghanistan

•   SCMP: China’s bid to ‘weaponise trade’ crumbles as it turns to Australia for cotton, copper despite import ban

•   Caixin: China Provinces to Supply More Coal to Ease Power Shortage

•   Caixin: Xiaomi Takes Lead in Central and Eastern Europe’s 5G Smartphone Market

•   Nikkei Asia: U.S. and Japan dominate patents for chip material favored by Tesla

•   Japan Times: BOJ downgrades outlooks on five regional economies on COVID and parts shortages

•   Economic Times: Fitch slashes India's growth forecast for FY22 to 8.7% from 10%, sovereign rating unchanged

•   Economic Times: US’ huge investment surplus can be used in India's infra sector: Piyush Goyal

•   reNews: Global energy storage ‘set to triple in 2021’

※   Wood Mackenzie: Global energy storage set to triple in 2021

•   AppleInsider: More early details about Apple's folding iPhone revealed

•   DIGITIMES: Global server shipment forecast, 2022 and beyond

•   DIGITIMES: Highlights of the day: Foundry houses to see strong profits in 2022

•   Dronelife: Can Batteries Power Urban Air Mobility Flights?

•   매경(P1): 세계 LNG 확보 대란, 한국 덮친다

•   매경: 전기료 올린지 얼마됐다고 가스요금마저 오르나…들불처럼 번지는 에너지대란

•   매경: "비용 더 오를라", 노심초사 기업들

•   매경(P1): 현대모비스, 인천·울산에 수소연료전지 신공장

※   산업부: (참고자료)『수소경제 성과 및 수소선도국가 비전』보고

•   매경: 삼성·포스코·롯데, 말레이서 생산 합작…SK, 세계최대 규모 수소액화플랜트 건설

•   매경: 세계적 수소기업 30개 키운다

•   매경(P1): 뉴욕증시 불안한데 월가서 꾸준한 매수 추천 종목은 [자이앤트월드]

•   매경: "이러다 평생 집 못산다"…20대마저 주식·코인 자금까지 빼서 추격 매수

•   매경: "경기 하방위험"…KDI, 반년만에 경고

※   KDI: KDI 경제동향 2021. 10

•   매경: 中企 10곳중 7곳 "중대재해법 준비 안돼"

•   매경: 가계대출 급증한 은행에…금감원 "자본금 늘려라"

•   매경: 그린플레이션 위기에…최태원 美기업 회동하며 "그린에너지 키우자"

•   매경: 삼성 "車반도체에 5나노 공정 활용"

•   매경: [단독] '제2의 테슬라' 리비안 엔지니어들이 한국을 방문하는 이유는

•   매경: [株머니 주요산업 증시기상도] 서울 재건축 속도…건설株 강세 이어갈 듯

•   한경(P1): "게임 체인저 되려면 고객 정의를 바꿔라"

•   한경(P1): [단독] 총량규제 유탄…토스뱅크 대출 이번주에 바닥난다

•   한경: 내년 가계 이자비용 66조…치솟는 금리 '회색 코뿔소'되나

•   한경: '비트코인 23%' vs '코스피 -3%'…5개월 만에 화려한 부활

•   한경: 13억弗 외평채 발행…가산금리 '최저'

•   한경: "기업인 피·땀 무시…反기업정서 계속 땐 성장동력 꺼져"

•   한경: "코스피 2900 깨질땐, 2700까지 각오해야"

•   한경: "더 사지도 떠나지도 못해"…동학개미의 고민

•   서경(P1): 中 부동산 규제 유탄···8,000억 미단시티 개발 '시계제로'

•   서경: 中 소유 한국 땅 10년새 16배···자금 썰물 땐 시장 충격 불가피

•   서경: 中, 국내 주식 보유액 20조 육박···현지 규제 탓 돌연 매도 '찬물'도

•   서경: 카카오뱅크도 고신용대출 중단···인뱅 3사 '백기투항'

•   서경: 원전 활용안 빠진 수소 대책...'반쪽짜리 수소경제' 되나

•   서경: 금리 급등에 놀란 정부 "국채 만기별 발행물량 탄력 조정"

•   서경: "수출경기 둔화...韓 내년 성장률 2.8%에 그칠 것"

※   하나금융경영연구소: 2022년 경제·금융시장 전망

•   서경: 전기 연료비(SMP) 77%↑···엎친데 덮친 한전

•   서경: 삼성전자 분기 매출 74조라는데 주가 '썰렁'···"문제는 내년 실적"

•   서경: 원자재 급등에···K배터리, 저가 LFP 배터리도 만든다

•   조선(P1): “11월 9일쯤에 위드 코로나로”

•   조선: 위드 코로나 한달 남았는데... 백신패스 빼곤 모든게 미궁

•   조선: 서울 아파트, 1區 빼고 ‘평당 3000만원’ 넘어

•   조선: [Mint] “에너지 대란 뒤엔… 스태그플레이션이 덮친다”

•   조선: [Mint] 中 헝다의 비극, 이 남자는 9년 전에 예언했다

•   조선비즈: 애플 첫 OLED 아이패드 출시 연기… 삼성엔 악재, LG엔 호재

•   조선비즈: 공급 부족한 ‘얇은 구리판’… SKC·일진·솔루스, 생산능력 공격적 확장

•   조선비즈: [과속페달 탄소중립]③ 설비 투자만 수백억… 中企 “탄소 절감은 언감생심”

•   조선비즈: 규제 폭탄에 폭락한 中 주식, 사야 하나 말아야 하나…투자 거물 선택은

•   조선비즈: [금통위 폴] 삼천피 붕괴 여파…전문가 75% “10월엔 금리 동결, 다음번 인상 11월 유력”

•   IT조선: 삼성도 뛰어든 NFT, 기업 투자 열기 ‘후끈’

•   중앙: [View & Review] 스마트폰 닮아가는 전기차, 원격으로 SW 업데이트

•   중앙: “차량용 반도체 부족사태, 내년 하반기 풀릴 것”

•   동아: MZ세대 “성과급 불공정”… 놀란 기업 “지급기준 손질”

•   동아: 서학개미, 하락장에 불안감 커져… 일부는 공격 투자

•   문화: 질소산화물 발생하지 않는 ‘수소연료전지’ 독보적 기술 보유

•   한국(P1): [단독] "영업금지·제한업종 모두 피해액의 80%"… 코로나 손실보상안 '가닥'

•   한국: 테슬라가 선택하고 SK도 만든다는 리튬인산철 배터리… 배터리 업계 지각변동 올까?

•   한국: [논담] 김동연 "'공통공약' 수렴해 누가 대통령 되든 이행 약속하자"

•   국민: “이대론 지속가능한 발전 힘들다… 낡은 법제도 혁신해야”

※   [2021 국민미래포럼] 박용만 대한상의 명예회장 기조강연

•   국민: “인하한 적도 없으면서!” 홍남기 양도세 중과 발언 뭇매

•   서울: 최저한세율 15% 지지한 정의용 “OECD, 제조업 과세표준 낮춰야”

•   서울: 서울 집값 해법, 서울 안엔 없다

•   세계(P1): 집값 폭등에 올라탄 부동산 개발업체 수익…작년 8조 벌었다

•   한겨레: 감자튀김 품귀 사태, 다음은 원두? 한국도 글로벌 물류대란 ‘불똥’

•   한겨레: “복지 지속가능성 위해선 ‘양질의 일자리’ 정책 필수”

•   한겨레: 코로나19 이후 20대 청년 대출 크게 늘었다…90조원 돌파

•   머니투데이: 한수원 사장 "월성1호기 조기폐쇄, 다시 해도 같은 결론"

•   머니투데이: '하루 확진 5000명' 최악 시나리오…일상회복, 이대로 괜찮나

•   머니투데이: 내년도 전세시장 충격 경고한 경제학자 "공포장 옵니다"

•   헤럴드경제(P1): “당장 1억 못 구해 집 빼앗길 판”

•   헤럴드경제(P1): 민주노총 “20일 총파업 강행”

•   헤럴드경제: 韓 수소기술 국제표준 제안...글로벌시장 ‘20% 선점’ 예고

※   산업부: 수소경제 선도기술, 국제표준으로 착실히 진입중

•   헤럴드경제: 서울강북 대형 아파트, 중소형 상승세 처음 앞섰다.

•   파이낸셜뉴스: 급락장에 ‘빚투’ 반대매매 쏟아졌다

•   아시아경제(P1): 이번엔 석탄위기...연초대비 3배 가격 급등에 한국도 비상

•   아시아경제(P1): 脫탄소 등 떠밀며, 대기업 지원엔 난색…'고로 교체 54兆' 철강사 허리 휜다

•   아시아경제: 다주택자 잡겠다더니…文정부 출범 2년새 되레 33% 늘어

•   디지털타임스: [글로벌 공급망 `동맥경화`] 배터리 원자재 전략물자화 조짐에 `초비상`… "정부 전폭 지원 절실"

•   디지털타임스: [글로벌 공급망 `동맥경화`] 예측불허 상황, 中의존도 낮추기 쉽지 않아

•   디지털타임스: [글로벌 공급망 `동맥경화`] `수익 떨어질라` 원자재 대란에 제조업 비상

•   디지털타임스: 현대ENG `수소전소터빈 사업` 다자간 협업

•   디지털타임스: 국제 선박 발주량 급증… 조선업계, 활짝 웃을까

•   이데일리(P1): 플랫폼이 불붙인 M&A…거래액 벌써 작년치 넘었다

•   이데일리: M&A도 맞들면 낫다…빛난 '대기업+PEF’ 공조

•   이데일리: `잠행` 김동연, 창준위 발족 초읽기…`제3지대` 세력화 시동

•   이데일리: 'QD 디스플레이' 양산 임박…내년초 삼성판 OLED TV '출격'

•   이데일리: [미래기술25]사전을 칩에 넣겠단 상상···일상 속 나노기술로 진화

•   연합: 오늘 2천200명대 예상…한글날 연휴 앞두고 확산세 '촉각'

•   연합: 중단된 EU 기업결합심사에 현대중-대우조선 연내 합병 멀어지나

•   뉴시스: '원자로 헤드 무자격자 용접'…한빛원전, 부실 악순환 고리 질타

•   e대한경제: “겨울 준비하자”…재계 연말 인사 빨라진다

•   에너지경제: [전력대란 재깍재깍] 전력대란 경고음(上)…"4차 산업혁명 발 전력 수요 급증하는 데 전력망 구축 뒷짐"

•   에너지경제: [전력대란 재깍재깍] 송전 고속도로가 없다…'전력대란' 경고음

•   에너지경제: [전력대란 재깍재깍] 초고압직류송전(HVDC)란...안전성·효율성 최고 최신 기술

•   전자신문(P1): [단독]삼성 제외 국내 5대그룹, 전기차 충전시장 진출

•   ZDNet Korea: "메타버스 플랫폼, 기업 연합해 만들자"...국회·정부·기업 머리 맞댔다

[Opinions]

•   Project Syndicate(Anne O. Krueger): The Bretton Woods Credibility Crisis

•   Project Syndicate(Rebeca Grynspan): A Second Chance for Global Development

•   FT(Editorial Board): Emerging markets need to get ahead of inflation

•   FT(Gillian Tett): Nuclear power can help fill the gaps in a tricky energy transition

•   FT(John Plender): The post-pandemic recovery may prove more complicated than it looks

•   FT(David Pilling): Can African countries prosper by going green?

•   FT(Robert Armstrong): Energy prices gone wild

•   FT(Jemima Kelly): Is “buy now pay later” a viable business model?

•   WSJ(Editorial Board): The Entitlements of U.S. Decline

•   NYT(Mike Lofgren): Biden Can End Debt-Ceiling Sabotage Once and for All

•   WP(Catherine Rampell): Republican ties with the business lobby are fraying. Democrats have an opportunity they shouldn’t blow

•   WP(Greg Sargent): Bernie Sanders’ anger at Joe Manchin over the reconciliation bill reveals a deeper dispute

•   WP(John M. Barry): Herd immunity is approaching. What that means now.

•   Bloomberg(Editorial Board): Oil and Gas Asset Sales Amount to Climate Arbitrage

•   Bloomberg(Mark Gongloff): How High Natural Gas Prices Are Like a Financial Crisis

•   Bloomberg(John Authers): Gas Spike Is a Dangerous Crisis Fueled by Russia, Policy Errors

•   Bloomberg(Brooke Sutherland): International Travel Is Easier Than You Might Think

•   Bloomberg(Chris Bryant): The U.K. Energy Crisis of Failing Suppliers Has a Touch of China Evergrande

•   Bloomberg(Sam Fazeli, Max Nisen): Who Will Take Merck’s New Covid-19 Pills?

•   MarketWatch(Eugene Ludwig): America’s hidden hedge against inflation

•   Reuters(John Kemp): Europe’s gas prices surge to avert risk of winter shortage

•   파이낸셜뉴스(사설): 수소 프로젝트, 기술 선도국가로 가는 발판 되길

•   아시아경제(최지웅): 美vs中 에너지 대결 속에 한국의 선택은

•   아시아경제(정동욱): 탄소중립 시나리오, 차기 정부에 맡겨야