Business Intelligence Monitor 211027

(Introduction)

[Markets]

•   Global: Global equities edge up on upbeat earnings; gold falls

•   Metals: Copper stumbles on worries about China demand, power crisis

•   Grains: Corn, soy futures rise as harvest slows; wheat strong

•   한국: 코스피, 외인·기관 '쌍끌이 매수'에 이틀째 상승

•   한국: 두산그룹주 혼조, 두산퓨얼셀 7%대 뛰고 두산 2%대 올라

[Indicators]

•   US Aug. Case–Shiller home price: Home-Price Growth Holds at Record in August

•   US Sep. New home sales: U.S. New-Home Sales Top Forecast With Best Pace Since March

•   US Oct. Consumer confidence: U.S. Consumer Confidence Rose as Delta Covid-19 Wave Eased

•   Brazil Oct. CPI: Brazil Consumer Prices Blow Past Expectations Before Rate Hike

•   한국 2021년 경제활동인구 근로형태별 부가 조사: 세금 일자리만 늘리더니···비정규직 800만 첫 돌파

•   한국 3분기 GDP: 코로나·공급차질에 3분기 경제성장률 0.3%…올해 4% '빨간불'

※   한국은행: 2021년 3/4분기 실질 국내총생산(속보)

•   한국 9월 기업 직접금융 조달실적: 9월 일반회사채 4.9조원 발행…전월 대비 7배 증가

•   한국 10월 소비자동향: 소비심리 두 달 연속 상승…"일상 회복 기대감 커져"

[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: Corporate Minimum Tax Resurfaces as Democrats Hunt for Money

※   Senators offer updated plan to impose minimum levies on profitable corporations

•   WSJ: Tax Proposals Hit Headwinds as Democrats Try to Finalize Social Spending Deal

•   WSJ: Billionaire Tax Faces Likely Constitutional Challenge

•   WSJ: Pfizer-BioNTech Covid-19 Vaccine for Young Kids Backed by FDA Advisers

※   With the advisers’ recommendation in hand, the FDA is expected to decide soon on expanding use of the vaccine to 5- to 11-year-olds

•   WSJ: U.N. Finds Nations’ Climate Plans Fall Short of Paris Accord

※   UNEP: Emissions Gap Report 2021

•   WSJ: China’s Energy Crisis Complicates Its Plans for Climate Announcements Ahead of COP26

※   The State Council of the People's Republic of China: 国务院关于印发2030年前碳达峰行动方案的通知

•   WSJ: Australia Commits to Net-Zero Emissions by 2050, Shedding Climate Outlier Status

•   WSJ: GE’s Profit Rises, but Supply-Chain Woes Weigh on Sales

※   GE: GE 2021 third quarter performance

•   WSJ: Google Nearly Doubles Profit Behind Red-Hot Ad Market

•   WSJ: Microsoft Earnings Jump as Cloud Services Thrive

•   WSJ: Mark Zuckerberg Sets Facebook on Long, Costly Path to Metaverse Reality

•   WSJ: 3-D Printed Houses Are Sprouting Near Austin as Demand for Homes Grows

•   WSJ: The Lowdown on the Third-Quarter Slowdown

•   NYT: Rising Prices, Once Seen as Temporary, Threaten Biden’s Agenda

※   Supply chain disruptions, a worker shortage and pain at the gasoline pump have made inflation an economic and political problem for the White House.

•   NYT: Biden Nominates Rosenworcel as F.C.C.’s First Female Leader

•   NYT: Iran Wanted U.S. Out of Afghanistan. It May Be Sorry the Wish Came True.

•   NYT: Aung San Suu Kyi Defends Herself During ‘Show Trial’ in Myanmar

•   NYT: The Bond Market Says Inflation Will Last. You Should Be Listening.

•   NYT: As Risks of Climate Change Rise, Investors Seek Greener Buildings

•   WP: In advance of climate summit, tension among Biden aides on China policy

•   WP: Biden avoids the details when selling his domestic agenda in public

•   WP: Democrats scramble to salvage climate provisions in the face of Manchin’s opposition

•   WP: Sen. Manchin says he’s ‘totally out of sync’ with fellow Democrats

•   WP: In Taiwan war game, few good options for U.S. to deter China

•   WP: Retiring? Here are the pros and cons of paying off your mortgage early.

•   WP: Iran's role in attacks on U.S. troops in Syria signals new escalation

•   WP: Sudan’s revolutionaries vow to resist military’s power grab

•   FT: Lagarde set to push back on market bets of eurozone rate rise

•   FT: COP26: How every country’s emissions and climate pledges compare

•   FT: World ‘woefully unprepared’ for next health crisis, says WHO-backed report

•   FT: Gazprom offered Moldova new gas deal in exchange for weaker EU ties

•   FT: France pushes for granting Brussels more powers to police Big Tech

•   FT: UK Budget: crippling shortages and rising prices hit the economy

•   FT: Sunak to commit to fiscal discipline in Budget

•   FT: England’s fall in infection rates raises hopes of avoiding ‘Plan B’

•   FT: Isis-K insurgency jeopardises Taliban’s grip on Afghanistan

•   FT: China blamed for cancellation of events for German book on Xi Jinping

•   FT: BioNTech to open Africa’s first mRNA manufacturing plant

•   FT: Vietnam takes Sinopharm vaccines to ease Ho Chi Minh City’s woes

•   FT: New companies raising cash swell US junk bond market to record size

•   FT: European ESG funds found not to charge higher fees

•   FT: Why Chinese tech stocks remain ‘a sustainable choice’

•   FT: ‘Exceptional’ oil boom on crash course with decarbonisation drive

•   Bloomberg: China Urges Evergrande's Billionaire Founder to Pay Debt With Personal Wealth

•   Bloomberg: China’s Liu He, US Treasury's Janet Yellen Talk on Economy, Cooperation

※   Relations between two sides seem to be improving recently

•   Bloomberg: Joe Biden Inches Closer to Naming Next Federal Reserve Chair, Other Picks

•   Bloomberg: U.S. Cranks Up Beijing Tensions Again With Ban on China Telecom

•   Bloomberg: Biden to Pledge More Virus, Climate Aid in Southeast Asia Summit

•   Bloomberg: ECB’s Rock-Bottom Rate Pledge Is No Longer Convincing Investors

•   Bloomberg: BOE’s Bailey Likely to Vote to Hold Rates in November, HSBC Says

•   Bloomberg: Europe’s Carmakers Warn 2022 Output Will Fall Short of Demand

•   Bloomberg: China’s Growth Forecasts Cut as Property, Power Cuts Take Toll

※   Gross domestic product will likely expand 8.1% in 2021 and 5.3% next year

•   Bloomberg: China Plans Limits on Coal Prices in Fix for Energy Crisis

•   Bloomberg: China Sees Grimmer October as Car and Home Sales Drop

•   Bloomberg: China’s Mystery ‘Authoritative Person’ Back to Explain Reforms

•   Bloomberg: China’s Overnight Repo Rate Slides After PBOC’s Cash Boost

•   Bloomberg: China Vows to Help Taliban ‘Rebuild the Country’ in Doha Meeting

•   Bloomberg: Sudan Coup Prompts U.S. to Consider More Economic Sanctions

•   Bloomberg: Climate Change Risks Shrinking African Economies 30% by 2050

•   Bloomberg: Bolsonaro Confronts Fuel Price Pain With Privatization Talk

•   Bloomberg: Myanmar Skips Asean Summit After Junta Leader Excluded

•   Bloomberg: Asia Snaps Up American Shale Gas to Keep Boilers, Furnaces Lit

•   Bloomberg: Solar Group Warns Expansion of Tariffs Could Damage U.S. Industry

•   Bloomberg: GE Renewable Energy Unlikely to Break Even in 2022, CEO Larry Culp Says

※   Proposed extension of wind-energy incentive to cut 2022 demand

•   Bloomberg: Coal Piles at 24-Year Low at U.S. Utilities on Demand Surge

•   Bloomberg: Nearly 200 IMF Staffers Urge Kristalina Georgieva to Explain Brazil Episode

•   Bloomberg: Nuclear Power’s Awkward Role in Crucial COP26 Climate Talks

※   Is the industry green enough for the Green Zone?

•   Bloomberg: Quebec’s Cheap Power Lures Europe’s Green Hydrogen Buyers

•   Reuters: Biden heads to G20 to talk energy prices, supply chain woes

•   Reuters: No end in sight for labor shortages as U.S. companies fight high costs

•   Reuters: EXCLUSIVE World Bank denies IMF chief Georgieva's bid for meeting to defend herself -sources

•   Reuters: EXCLUSIVE Germany cuts 2021 GDP growth forecast, lifts 2022 estimate - sources

•   Reuters: Exclusive-German govt expects inflation to surge to 2.9% in 2021 - source

•   Reuters: EU must act now to prepare for future energy price swings, energy chief says

•   Reuters: EU, China climate chiefs to meet face-to-face ahead of COP26 talks

•   Reuters: China's Xi calls for new progress in military equipment, weapons

•   Reuters: China's Xi will not attend Rome G20 summit in person - source

•   Reuters: BOJ to defy global rate hike trend, cut price outlook

•   Reuters: Indonesia sees Q3 GDP growth at 4.5% y/y, warns of future headwinds

•   Reuters: Review of India's Covaxin shot underway, WHO says

•   Reuters: South Africa's Eskom extends power outages until Saturday

•   Reuters: Global supply chain logjams, costs in focus as restaurant chains report earnings

•   Reuters: Explainer: What's next for German politics as new Bundestag meets?

•   Reuters: Factbox: Major carmakers' electric vehicle investment and production goals

•   Reuters: Analysis: Doomed to fail? How carmakers' climate vows fall short - and who's to blame

•   Reuters: India Insight: Climate fight goes way beyond coal

•   AP: Russia, Ukraine see record daily deaths, low vaccinations

•   CNN: Energy crisis will set off social unrest, private-equity billionaire warns

•   CNBC: Biden hopes fines on lingering cargo ships ease congestion at major U.S. ports

•   CNBC: Hyperinflation warnings are ‘totally ridiculous,’ economist and longtime bear David Rosenberg says

•   CNBC: China needs more coal to avert a power crisis — but it’s not likely to turn to Australia for supply

•   CNBC: Long Covid ‘is a very debilitating condition with serious cognitive conditions,’ says researcher behind new study

•   CNBC: Tesla’s China sales have grown to nearly half the size of the company’s U.S. sales

•   CNBC: AMD sales rise 54% on strong demand for chips for servers and game consoles

•   SCMP: China’s power crisis: in export showroom Yiwu, some businesses wonder if they’ll survive

•   SCMP: European lawmakers to visit Taiwan next week to meet with Taipei officials

•   SCMP: China-Australia wine dispute: WTO agrees to investigate China’s tariffs after Beijing blocked it last month

•   SCMP: China, US ‘to up economic coordination’ as Evergrande crisis casts shadow

•   SCMP: China launches world’s fastest programmable quantum computers

•   SCMP: Xi Jinping and Emmanuel Macron speak for first time since Aukus alliance was announced

•   Caixin: BYD to Raise Battery Price 20% as Lithium Costs Soar

•   Caixin: Xpeng Unveils Plan for $150,000 Flying Car

•   Caixin: China’s Steel Industry on Track to Churn Out Less This Year Than in 2020

•   Nikkei Asia: Japan drone maker's flying motorcycle to hit the skies next year

•   Nikkei Asia: Global EV group sets standards for pricing used batteries

•   Nikkei Asia: Japan's restaurants and hotels welcome life after state of emergency

•   Nikkei Asia: Asia's self-destructive coal addiction

•   Nikkei Asia: Evergrande crisis heralds more distressed debt: Howard Marks

•   Nikkei Asia: TSMC founder chides U.S. plan for full chip supply chain onshore

•   Mainichi: Kishida urges gov't panel to craft proposals for 'new capitalism' soon

•   Economic Times: IMF revising India's growth forecast is 'gross under estimation': N K Singh

•   Construction Equipment: JCB Invests Millions on Hydrogen Engines

•   Robotics Tomorrow: Mobile Robots On The March – 53,000 Warehouses & Factories Will Have Deployed AMRs & AGVs By End Of 2025

•   매경(P1): [단독] 재택근무 사상 첫 100만명 돌파…펜데믹후 2년새 12배 폭증

•   매경: 삼성 30% 순환 재택…LG 거점사무실 운영

•   매경(P1): 더 멀어지는 내집마련 꿈…연봉 4천만원 직장인, 주담대 1억 줄어든다

※   금융위: [보도자료] 「가계부채 관리 강화방안」발표

•   매경: 신용대출 2800만원 받던 직장인, 내년엔 한도 2100만원으로 감소

•   매경: 성장률 충격에 '기준금리 인상' 고민 빠진 韓銀

•   매경: "미접종자 불만 폭발할라"…헬스장 목욕탕 '백신패스' 고심

•   매경: 기업 편법 빚보증 늘자…팔 걷은 공정위

•   매경: "CBDC가 통화정책 효율성 높일 것"

•   매경: 정부 '美 반도체정보 요구'에 우려 표명

•   매경: 고급·전기차 집중한 현대차…적게 팔아도 영업이익 선방

•   매경: 외국인직접투자, ICT·그린·바이오에 집중

•   한경(P1): [단독] SK하이닉스, 17년 만에 키파운드리 되찾는다

•   한경: 낸드플래시도 흑자전환…SK하이닉스, 11.8조 역대 최대 매출

•   한경: 내달 1일부터 소비쿠폰 9종 사용 재개

•   한경: 美 "대북제재 집행하라" 中 압박

•   한경: 김동연 1호 공약은 '공무원 철밥통 개혁'

•   한경: 선진국보다 더 빠른 온실가스 감축…獨 33% 日 35% 韓 40%

•   한경: 2050년까지 탄소중립…기업 수천兆 부담 지원은 수兆 그쳐

•   한경: '넷제로' 하자면 일자리 20% 이상 사라지는데…"더 늘어난다" 외친 정부

•   한경: 韓, 필리핀과 FTA 협상 타결…신남방 경제영토 더 넓어졌다

•   한경: "서울 공급 40%가 사라졌다"…분양 시장에 무슨 일이

•   서경(P1): 삼바가 만든 모더나 백신 이번주 공급

•   서경: 국채 금리 급등에 놀란 정부... 발행 물량 조절 나선다

•   조선: 강성노조·정규직 과보호에 노동시장 꽉 막혀

•   조선: 정부 나선 공공부문 정규직화, 갈등만 키웠다

•   조선: 한국형 ‘녹색에너지’ 분류, LNG 넣고 원자력은 뺐다

•   조선비즈: 美, 한국 여행경보 3단계 ‘여행재고’로 상향… “코로나 확산 여파”

•   동아(P1): 유류세 20% 인하… 휘발유 L당 164원 싸질듯

•   국민: [단독] 탈원전 힘 싣나… 환경부가 나서 ‘월성’ 피폭 조사

•   세계(P1): “ESG, 도전 아닌 기회… 10년 뒤 주류 될 것”

•   헤럴드경제: 시총 상위주, 하반기 시총·비중 모두 축소

•   파이낸셜뉴스: "내년 경영화두는 '탄소중립·위드 코로나·미래 먹거리'"

•   파이낸셜뉴스: SK에코플랜트, 연료전지 국산화 속도낸다

•   파이낸셜뉴스: 한수원, 신재생에너지 확대… "글로벌 종합에너지기업 도약"

•   파이낸셜뉴스: 한수원, 中 친산원전에 중수 판매… "후속사업 발판"

•   파이낸셜뉴스: ‘세계 최대’ 신인천빛드림 수소연료전지 준공

※   두산퓨얼셀과 포스코에너지가 공급한 연료전지 발전기를 사용

•   파이낸셜뉴스: "월급만 모아선 내집 마련 못해"..일보다 코인에 빠진 2030세대

•   이데일리: [단독]"외국인도 총수 지정 문제없다"…`제2 쿠팡` 사례 막는다

•   연합: 오후9시까지 1천855명, 어제보다 670명 급증…내일 2천명 안팎

•   연합: [르포] '베이징을 떠나지 말라'…70일 만의 코로나에 발칵

•   연합: 매매도 전세도 어렵네…서울아파트 임대차 40%가 월세 낀 계약

•   연합: 민군 함께 쓰는 '수소충전소' 대전 첫 설치…군, 50곳 추가 제안

•   뉴시스: 맥쿼리증권, 수소경제 주제로 '맥쿼리그린에너지데이' 개최

•   비즈니스포스트: 상의 회장 박용만 철조망 십자가 프로젝트 영상 올려, 대통령도 공유

•   CEO스코어데일리: 코로나 와중 대기업 세대교체 ‘가속’…자녀세대 주식자산 2년새 10%p↑

•   에너지경제: [탄소중립 기회와 도전] 특별인터뷰 "해상풍력 발전 노하우로 한국 해양서 녹색에너지 생산 활성화"

•   전자신문(P1): '무역 1조달러' 최단기 돌파

•   전자신문(P1): 이정배 삼성전자 사장 "반도체 난제는 미세화 공정"

•   로봇신문: [2021 로보월드 특집] 로봇비즈니스페어-성공 경영의 키 '로봇'

•   로봇신문: [2021 로보월드 특집] <기획>산업용 로봇 시장 동향

•   로봇신문: [2021 로보월드 특집] 산업 자동화를 주도하는 기업 5선(選)

•   로봇신문: [2021 로보월드 특집]<기획> 세계는 지금 4족보행 로봇 열풍(1)

•   로봇신문: [2021 로보월드 특집]<기획>세계는 지금 4족보행 열풍(2)

•   로봇신문: [2021 로보월드 특집] 서비스 로봇시장의 강자들(1)

•   로봇신문: [2021 로보월드 특집] 서비스 로봇시장의 강자들(2)

[Opinions]

•   Project Syndicate(Joschka Fischer): The Promise of European Power

•   Project Syndicate(Paola Subacchi): The G20 Family Reunion

•   Project Syndicate(John Kampfner): Is Climate Diplomacy Possible?

•   Project Syndicate(Michael J. Boskin): The True Costs of Government Spending

•   FT(Editorial Board): Minimum wages are not a panacea

•   FT(Jeffrey Sachs): ‘I see no financial obstacles to getting to net zero by 2050’

•   FT(Martin Wolf): What is the least we need from COP26?

•   FT(David Gardner): Erdogan’s wrath is damaging Turkey

•   FT(Sarah O'Connor): Not all green jobs are safe and clean

•   FT(Robert Armstrong): Bitcoin as a real asset

•   FT(Dennis Kelleher): Why Jay Powell has been a ‘dangerous man’ at the Fed

•   FT(Lex): GE: the untangling of an industrial behemoth

•   WSJ(Editorial Board): The Democrats’ Wealth-Tax Mirage

•   WSJ(Editorial Board): Tesla Is Worth $1 Trillion

•   WSJ(William A. Galston): How to Read Biden’s Plummeting Polls

•   NYT(Paul Krugman): Tax the Rich, Help America’s Children

•   NYT(Helen Thompson): After Merkel, Europe Will Be Led By No One

•   WP(Editorial Board): Shots for younger children will help everyone and hasten a return to normal

•   WP(David Von Drehle): The billionaire tax is complicated. Tesla shows how.

•   WP(Megan McArdle): I used to be an electric car skeptic. I’ve changed my mind — but I still didn’t buy one.

•   WP(Charles Lane): On taxes, the Democrats’ plan looks a lot like the Trump plan

•   Bloomberg(David Fickling): It's Now Possible to Grow Rich and Go Green

•   Bloomberg(John Authers): The Stock Market Just Loves Biden Not Getting Things Done

•   Bloomberg(Brooke Sutherland): GE, 3M, Lennox and Raytheon CEOs Chime In on Supply Chain

•   Bloomberg(Therese Raphael): Luckily, Boris Johnson Doesn’t Decide the Legacy of COP26. We Do

•   Bloomberg(Jessica Karl): Tesla at $1 Trillion Is Running Laps Around Old-School Automakers

•   CNN(Julia Chatterley): Former Zuckerberg advisor: Facebook's problem is its business model

•   MarketWatch(Jeff Reeves): Five things investors learned about the semiconductor sector from the latest batch of earnings

•   Reuters(John Kemp): OPEC+ comfortable with rising price trend

•   Reuters(Clyde Russell): China's physical coal prices tell different story to futures

•   Reuters(Andy Home): Europe's magnesium crunch poses another carbon conundrum

•   Caixin(Guo Peiyuan): Six Key Messages in China’s New Decarbonization Roadmap

•   한경(이지훈): 정부의 황당한 LNG발전소 계획

•   동아(이종수): 탄소중립, 속도와 경로도 중요하다

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