Business Intelligence Monitor 211109

(Introduction)

[Markets]

•   Global: Global stocks climb as investors anticipate U.S. inflation status, Treasuries dip

•   US: Tesla Stock Price Slides After Musk Promises on Twitter to Sell $21 Billion Stake

•   US: Inflation Concern Drags 30-Year TIPS Yield to Record Low

•   Natural gas: Gas prices rise on little evidence of increased Russian flows

•   Metals: Copper up on robust China data and falling inventories

•   Grains: Soybean, corn futures sag before USDA crop report

•   Cryptocurrency: Bitcoin ($BTC USD), Ether ($ETH) Lead Crypto to $3 Trillion Market Cap

•   한국: 코스피, 외인·기관 매도에 2,960대로…바이오주 급락

•   한국: 두산그룹주 갈피 못 잡아, 두산밥캣 두산중공업 상승 두산 하락

[Indicators]

•   US Oct. Consumer inflation expectations: Inflation Outlook Hits New High in New York Fed Consumer Survey

•   Japan Sep. GDP(JCER est.): Japan's September GDP falls 2.1%, largest dip in 17 months: JCER

•   Japan Sep. Coincident index: Japan cuts economy view to 'weakening' in Sept. index report

•   한국 10월 고용행정 통계: 숙박·음식점 고용보험 가입자, 10월 65만명…18개월째 감소

[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: Infrastructure Projects to Boost Sales and Prices, Industry Executives Say

•   WSJ: Top Fed Official Says Continued High Inflation Would Be Problematic for Central Bank

※   Vice Chairman Richard Clarida expects price pressures to dissipate, but a ‘repeat performance’ in 2022 of recent inflation ‘would not be a policy success’

•   WSJ: Fed Says U.S. Public Health Among Biggest Near-Term Risks to Financial System

※   Fed: Financial Stability Report

•   WSJ: Fed’s Randal Quarles to Resign at End of Year

※   The Federal Reserve governor’s term as vice chairman for bank supervision expired last month

•   WSJ: U.S. Opens Borders to Vaccinated Europeans, Others, After More Than 18 Months

※   Airlines see bookings rise sharply after ban, but capacity is still well below pre-Covid-19 level

•   WSJ: Regeneron’s Antibody Drug Cut Risk of Covid-19 by 82%, Company Says

※   Data suggest potential use for drug as a prophylactic for the immunocompromised or others who aren’t well protected by vaccination

•   WSJ: What Does Endemic Mean and Will Covid-19 Become an Endemic Disease?

•   WSJ: Germany’s Economy, Once Europe’s Engine, Is Holding It Back

•   WSJ: Germany Hits Record Covid-19 Tally as Pandemic Rebounds Across Europe

※   Country’s recent success in fending off the virus left many people without natural immunity, a possible factor behind the current surge

•   WSJ: China Evergrande Scrapes Together More Cash From Tech Company Stake Sale

※   The troubled property giant sold a roughly 5.7% stake in HengTen Networks, raising $145 million

•   WSJ: China Has Built Mock-Ups of U.S. Aircraft Carrier, Warships in the Desert

•   WSJ: China’s Economy Faces Risk of Yearslong Real-Estate Hangover

•   WSJ: Wall Street Pushes Back as SEC Targets Business Practice That Generates Billions

•   WSJ: SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown

•   WSJ: SoftBank Feels the Chill Wind From China

•   WSJ: Some Companies Sit Out the Fight Over Democrats’ Tax Increases

•   NYT: Retailers Scramble to Attract Workers Ahead of the Holidays

•   NYT: U.S. Covid Deaths Get Even Redder

•   NYT: Winter Heating Bills Loom as the Next Inflation Threat

•   NYT: Can Glasgow Deliver on a Global Climate Deal?

•   NYT: Chip Shortage Creates New Power Players

•   WP: Climate change brings irreversible harm to poor countries. At COP26, rich ones face pressure to foot the bill.

•   WP: Vaccine politics only worsened the partisan divide in covid-19 deaths

•   WP: Why millions of job seekers aren’t getting hired in this hot job market

•   FT: Central bankers take sharply different readings of inflation threat

※   Fed and BoE may raise rates soon, but ECB chief economist says eurozone is in a ‘completely different’ situation

•   FT: Johnson’s radical planning reform for housebuilding in England hangs in balance

•   FT: What is Article 16 and what happens if it is triggered?

•   FT: Close to half of UK’s FTSE 350 ‘damaged’ by Brexit

•   FT: Obama calls on young to pick up climate baton in rousing speech

•   FT: Fudgy fixes and fuzzy vision in transatlantic trade

•   FT: ‘There’s no future in Argentina’: Peronists face voter anger in midterms

•   FT: Mexico’s once roaring auto sector falls on hard times

•   FT: Indonesia’s switch to solar is all charged up with nowhere to go

•   FT: Deal to end car emissions by 2040 idles as motor giants refuse to sign

•   FT: BHP reaps up to $1.35bn from Australia coal mines in fossil fuels retreat

•   FT: Gloomy picture for paint highlights depth of supply chain crisis

•   FT: Toshiba considers splitting itself into three companies

•   FT: Facebook whistleblower to amp up pressure over EU tech regulation

•   FT: Regulators step up scrutiny over investment industry ‘greenwashing’

•   FT: Travel sector braces for post-pandemic world

•   Bloomberg: Xi’s Expanding Power Is a Growing Risk for China’s Economy

•   Bloomberg: Biden Plans Global Infrastructure Financing to Challenge China's Belt and Road

※   U.S. officials have identified about 50 possibilities so far

•   Bloomberg: Net-Zero Alliance Plans to Reject Gas, Nuclear as Green Assets

※   UN-convened asset owners weigh in on taxonomy debate

•   Bloomberg: One U.S. Outlook May Determine the Fate of an Emergency Oil Sale

•   Bloomberg: Methane Agreements Improve American Ability to Lead on Climate

•   Bloomberg: Lane Insists Euro Zone Doesn’t Face ‘Chronic’ Inflation of 1970s

•   Bloomberg: U.K. Investors Haven’t Yet Embraced BOE Message on Rate Rises

•   Bloomberg: France’s Economy Is Back to Pre-Covid Levels and Growing

•   Bloomberg: An Architect of QE Says BOE Shouldn’t Use the Tool Frequently

•   Bloomberg: German SPD Taps Scholz Ally, Plays Down Coalition Talks ‘Wobble’

•   Bloomberg: Quarantine Lifted for Fully Vaccinated Flying Between Singapore, Kuala Lumpur

•   Bloomberg: China Trade Surplus Can Cushion But Not Stop Slowdown

•   Bloomberg: Supply Chain Latest: China’s Exports Already Surpassed Their 2020 Total

•   Bloomberg: Turkey's Rich Cash In as Erdogan's War on Interest Rates Punishes Supporters

•   Bloomberg: Iran Urges U.S. to ‘Change Approach’ Ahead of Nuclear Talks

•   Bloomberg: Chile’s Election Dark Horse Helps to Prop Up Recent Bond Gains

•   Bloomberg: Citi Says Inflation Will Fall, Time to Start Positioning for It

•   Bloomberg: China Bond Rout Shifts From Evergrande to Other Big Developers

•   Bloomberg: Muni Investors Put ‘Buying Shoes’ Back on After 3-Month Slide

•   Bloomberg: Australia Iron Ore Exports to China Cool, Compounding Price Drop

•   Bloomberg: Oil Might Be Double Today’s Prices Without OPEC+, UAE Says

•   Bloomberg: The $35 Trillion Sustainable Finance Market Gets Greater Clarity

•   Bloomberg: COP Braces for All-Nighters as Carbon Markets Take Center Stage

•   Bloomberg: PBOC Gives Cheaper Funding for Banks Making Loans to Green Firms

•   Bloomberg: Adam Smith’s ‘Wealth of Nations’ Updated for Climate Challenge

•   Bloomberg: U.S. Power Grid Becoming Less Reliable Due to Extreme Weather

•   Bloomberg: South Africa’s Eskom Plans Another Week of Rolling Blackouts

•   Bloomberg: ESG Wealth Adviser Says Being Good Is Also Giving Higher Returns

•   Reuters: Global COVID-19 cases hit 250 million, eastern Europe infections at record levels

※   Russia, eastern Europe see record number of infections

•   Reuters: Biden could announce action on oil this week -U.S. Energy secretary

•   Reuters: Fed's Evans: inflation rise is 'temporary,' but sees upside risk

•   Reuters: White House eyes U.S. House vote on spending bill next week -Deese

•   Reuters: UK to add China's Sinovac, India's Covaxin to approved vaccine list

•   Reuters: EU to advise on Merck's COVID-19 pill in "shortest possible" time

•   Reuters: Brazil's Bolsonaro sees trouble for new spending rules in Senate

•   Reuters: Japan has zero daily COVID-19 deaths for first time in 15 months - media

•   Reuters: BOJ policymakers stress need to keep easy policy on weak inflation

•   Reuters: Chile cuts forecast for mining investments to $69 bln through 2030

•   Reuters: As LNG prices surge, North American project development languishes

•   Reuters: Business leaders optimistic COP26 visions will become reality

•   Reuters: AMD lands Meta as customer and takes on Nvidia, sending shares up 11%

•   Reuters: Automakers say magnesium shortage not a problem, for now

•   Reuters: Analysis: COVID-19 pills are coming, but no substitute for vaccines, disease experts say

•   Reuters: Analysis: Big U.S., Brazil harvests, slow China demand ease crop shortage fears

•   Reuters: Analysis: Flatlining participation, rising wages leave Fed employment puzzle unresolved

•   CNN: Prices are skyrocketing. Goldman Sachs says prices will go even higher

•   CNBC: COP26: What you need to know as climate talks enter closing week

•   CNBC: COP26: Charts show Asia-Pacific's heavy reliance on coal for energy

•   CNBC: White House tells businesses to proceed with vaccine mandate despite court-ordered pause

•   CNBC: As infrastructure bill passes, here’s what’s next for Biden’s economic plans

•   MarketWatch: 5 infrastructure stocks to buy now that Biden’s bill has been passed, according to Jefferies

•   SCMP: China’s Communist Party on cusp of history as Xi Jinping sets stage for landmark resolution at sixth plenum

•   SCMP: China’s surging diesel prices ripple across logistics supply chain ahead of Singles’ Day shopping holiday

•   SCMP: China travel industry recovery halted by coronavirus outbreaks, third-quarter trips down over 18 per cent

•   SCMP: US wants coexistence not cold war with China, Jake Sullivan says

•   SCMP: China records 65 local Covid-19 cases as people flee testing in Chengdu

•   Nikkei Asia: Big Finance commits $100tn-plus to tackle net-zero challenge

•   Nikkei Asia: Abe to lead LDP's biggest faction, cementing role as kingmaker

•   Nikkei Asia: Brazil's central bank eyes bigger rate hike to step up tightening

•   Nikkei Asia: Jokowi ready to whip heavyweight Indonesia back into shape

•   Japan Times: Government panel proposes more support for Japanese firms hiking wages

•   Economic Times: Nomura forecasts higher CPI, deficit

•   Economic Times: GDP: GDP likely to grow at 10-10.5% in FY2022: Report

•   Power Engineering: The role of small modular nuclear reactors in meeting climate goals

•   DIGITIMES: Production of iPhone 13 series accelerates as IC shortage eases

•   DIGITIMES: TSMC on track to ramp 3nm chip production

•   DIGITIMES: Global notebook shipments rise in 3Q21, but to slip in 4Q21

•   DIGITIMES: Server component shortage to last till mid-2022

•   DIGITIMES: Global notebook shipments rise in 3Q21, but to slip in 4Q21

•   매경(P1): [단독] 재난지원금 주려고…與, 올 세금 내년으로

•   매경: 김부겸 이어 홍남기도 "이재명 '곳간 채워진다' 발언에 동의못해"

•   매경(P1): 베트남 요소 200t 긴급 수혈…공급대란 해소엔 역부족

※   기재부: 요소수 수급 관련 범부처 합동 대응 회의 개최

•   매경: 여름부터 심상찮았던 요소수 가격…정부는 뒤늦게 "반성"

•   매경: 배출가스 저감용…귀금속값도 급등

•   매경(P1): "어차피 대출 못 받을텐데"…3기신도시 2차청약 경쟁률 확 줄었다

•   매경: [단독] "강경화를 ILO 사무총장으로"

•   매경: [단독] 1인가구 부채까지 한눈에…정부 '현미경 통계' 만든다

•   매경: "주52시간, 최저임금 더 못참겠다"…차기정부에 읍소한 중소기업

•   매경: "연말할인 기다렸다" 불타오르는 보복소비

•   매경: 국내정치에 발목잡힌 바이든…'세계 리더십 복원' 쉽지 않아

•   매경: [실리콘밸리 리포트] 페북이어 MS도 메타버스行…업무용 가상공간 내년 출시

•   한경(P1): 주식은 지금 그린 소재의 시대

•   한경(P1): "지금은 수주하지 말라"…'공급망 쇼크' 극약처방

•   한경: 코로나發 글로벌 공급망 재편…배터리·고철까지 '전략물자화'

•   한경: "재고 얼마나 쌓아야 적정할까"…딜레마에 빠진 CEO들

•   한경: 일본은 요소수 충분하다는데…왜 못 들여올까

•   한경: "부동산에 고여 있는 돈, 국채로 옮겨야 성장 촉진"

•   한경: 코스닥 '시총 톱10' 변천사…반도체장비·엔터→바이오→소재株

•   한경: "350만원 내면 年 200만원 수익" 태양광 홍보한 정부, 결국은

•   한경: 현대차 노·노 갈등…생산확대 물건너가나

•   한경: '오세훈표 재개발' 투기 막는다…신축 제한·거래허가구역 지정

•   한경: "배터리 용량 커진다"…벌써 갤Z플립4 기대감

•   서경(P1): CJ제일제당 '유럽 백신 제조 기업' 전격 인수

•   서경: "공급망 등 복합악재에 기업 대응 한계···산업정책 당장 새로 짜야"

•   서경: 원자재 대란에 더 세진 탄소중립···천문학적 비용에 성장판 막힌다

•   서경: 금융연구원 “내년 경제 변동성 확대 등 불확실한 국면”

※   금융연구원: 2021년 금융동향과 2022년 전망 세미나

•   서경: "근속연수 10년 늘면 임금 15.1%↑···연공제, 청년고용 막아"

•   서경: LNG 급등에 전력단가 58%↑.. 허리휘는 한전

•   서경: “車반도체 공급난 내후년까지 지속”

※   자동차연구원: 車 반도체 수급난 현황 진단과 향후 과제

•   서경: "대세는 OLED TV"···LG 독주에 삼성·JVC 가세

•   서경: 삼성전자 외인 비중 4년 반만에 최저··· ‘50%선’도 위태

•   서경: [단독] 국민연금, 일진머티리얼 美·유럽 동박공장에 투자

•   서경: 위드 코로나 기대감...창업 넉달만에 늘었다

•   조선: [단독] ’중국산 그린뉴딜 1번지’ 된 새만금 육상태양광... 패널 4장 중 3장이 중국산

•   조선: MZ 직장인 60%가 “저녁회식 재개 우려”

•   조선: 수력 의존하던 브라질, 전력난 심해지자 원전 증설 택했다

•   조선비즈: 창호값도 철근값도 올랐다... “시공비 오르는 소리 들리네”

•   중앙: 권위주의 겨냥한 바이든, 한국에 중국 인권 비판 요구할 듯

•   중앙: 저무는 디젤차 시대, 요소수가 기름 붓나

•   중앙: 또 차이나 리스크? 요소수 이어 태양광 모듈값도 들썩

•   중앙: 공모주 시장 한파…약세장 이어지자 잇따라 상장 철회

•   중앙: S펜에 1억 화소 카메라, 갤럭시S22 내년 2월 출시 유력

•   동아(P1): 사망 늘고 중환자도 증가… 조마조마한 ‘위드 코로나’

•   동아: ‘위드 코로나’ 1주새 위중증 343명→409명… 英 초반보다 거센 확산

•   문화: [팩트체크]“초과세수 40兆”? 31兆 이미 썼고 8兆도 용처 예정, “나라곳간 꽉꽉”? 적자 100兆

•   문화: 車가 ‘내 얼굴’ 알아본다… ‘생체인식’ 기술 속속 탑재

•   한국(P1): 먹는 코로나 치료제 내년 2월 도입… "환자 비용 부담 없다"

•   서울(P1): “품귀 심한 반도체, 톱10 자료만 내라”

•   세계: 삼성전자, 美 폴더블폰 판매 비중 20배↑

•   경향: ‘탄소중립’에 베팅한다…증시에도 친환경 ETF ‘바람’

•   머니투데이(P1): '더 많은 타다' 만들겠다더니…속타는 모빌리티 기업들

•   더벨: 국민연금, 탈석탄 전략 구체화 나선다

•   헤럴드경제: 공공주도 규제강화 vs 민간주도 규제완화

•   파이낸셜뉴스(P1): '찬밥신세' AZ 한국 생산 접나 [AZ백신 생산기지 이전설]

•   파이낸셜뉴스: 백신개발 기술이전 기회 잃나… 흔들리는 K-백신허브 [AZ백신 생산기지 이전설]

•   파이낸셜뉴스(P1): 분상제 '고무줄 기준' 손질… 지자체 재량권 줄인다 [분상제 매뉴얼 손본다]

•   파이낸셜뉴스: 컨선·LNG선 호황 조선업 유조선은 하반기 수주 '0'

•   파이낸셜뉴스: 5G 연내 2000만명 눈앞… LTE는 5000만명 아래로

•   아시아경제(P1): 글로벌 3위 車생산국의 민낯…중고차 시장 늦깎이 개방

•   아시아경제: 실무 핵심인력 이탈이 더 큰 문제…정책연속성 확보 비상

•   이데일리(P1): "애들이 물려받기 싫다니"…창업주 눈물의 기업 매각

•   이데일리: '굴뚝기업 경영 매력없다'는 2·3세…알짜회사 M&A 매물로

•   이데일리: 상속세로 발목잡힌 가업승계…상속공제는 '그림의 떡'

•   이데일리: ‘가업승계 걱정이세요?’…적극적인 PEF, 매물 찾아 광폭행보

•   연합: 오후 9시까지 전국서 1천536명 확진…9일 1천700명 안팎 예상

•   연합: 삼척에 수소에너지 연계형 타운 하우스 실증단지 조성

•   ZDNet Korea: 찬바람 부는 조립PC 시장..."그래픽카드가 문제"

•   물류신문: 기획특집 5. 물류, 과학기술과 만나다

[Opinions]

•   Project Syndicate(Renzo Guinto): The Economy that Planetary Health Requires

•   Project Syndicate(J. Bradford DeLong): Why All the Inflation Worries?

•   Project Syndicate(Kristen Ghodsee, Mitchell A. Orenstein): Why Won't Eastern Europeans Get Vaccinated?

•   Project Syndicate(Nancy Qian): The Case for Chinese Foreign Aid

•   Project Syndicate(Kent Harrington): Twilight of the Kims?

•   FT(Editorial Board): The UK should not suspend Northern Ireland deal

•   FT(Gideon Rachman): China’s self-isolation is a global concern

•   FT(Robert Armstrong): A different kind of housing bubble

•   FT(Andrew Hill): How business can make the most of the metaverse

•   FT(Daniela Gabor): COP26 should distance itself from carbon shock therapy

•   FT(Claire Jones): Lying Flat and the measure of all costs

•   NYT(Paul Bledsoe, Durwood Zaelke, Gabrielle Dreyfus): Methane Is a Good Start. Now Let’s Go After Other Superpollutants.

•   NYT(Austan Goolsbee): How to Think About the Covid Recession

•   WP(Editorial Board): China is rising as a nuclear power. Its ambitions warrant global attention.

•   WP(Editorial Board): Stablecoins may not be stable. That’s a problem.

•   WP(Editorial Board): Vaccines offer an exit from the pandemic. Mandates work.

•   Bloomberg(Daniel Moss): Frequent Central Bank Communication Can Create Market Problems, Too

•   Bloomberg(John Authers): Low Bond Yields Are a Polarizing Issue for FANG-Dominated Stocks

•   Bloomberg(Timothy L. O'Brien): Vaccine Mandates Are Heading to Court and Testing Biden

•   Bloomberg(Tim Culpan): The Next GameStop Is HTC, a Faded Smartphone Star Riding Metaverse Hype

•   Bloomberg(Lena Komileva): 5 Central Bank Unknowns That Will Shape Markets in 2022

•   CNN(Sonja Opper): China is tightening its grip on outspoken CEOs. That's bad news for entrepreneurs

•   Reuters(Clyde Russell): China's bifurcated commodity imports show economy's struggles

•   매경(강계만): 韓美소형원전 협력은 미래 먹거리

•   서경(전희윤): 탄소중립 ‘과속 스캔들’

•   서울(임상호): 탄소중립 시대의 게임체인저