Business Intelligence Monitor 211119

(Introduction)

[Markets]

•   Global: Treasury yields ease; Turkey's lira plunges

•   Eurozone: Euro hit by bets ECB monetary policy will diverge from major peers

•   Metals: Copper rebounds from lowest in a month on upbeat US data

•   Iron ore: Iron ore price falls to lowest in 18 months on dismal demand outlook

•   Grains: U.S. wheat, corn, soybean futures ease as traders take profits

•   Lumber: Lumber Rallies as Storm Blocks British Columbia Roads, Railways

•   한국: 코스피 사흘째 하락해 2,940대로…기관·외인 순매도

•   한국: 두산그룹주 하락 많아, 두산중공업 두산밥캣 3%대 두산 2%대 밀려

[Indicators]

•   US Nov. Philadelphia Fed manufacturing Index: U.S. Manufacturing Surveys Show More Price Pressures, Demand

•   US Weekly Jobless claims: U.S. Unemployment Claims Steady in Tight Job Market

•   Europe Oct. Car sales: Europe Car Sales Hit Record Low for October in Likely Bottom

•   Turkey Benchmark rate: Turkey Currency Crisis Threatens Economy, Posing Challenge to Erdogan Rule

※   Lira slides to record low after central bank cuts rates again

※   WSJ: Turkey’s Rate Debacle Is a Warning for Emerging-Markets Investors

•   Indonesia, Philippines Benchmark rate: Indonesia, Philippines Keep Rates Steady to Bolster Recovery

•   한국 3분기 가계동향: 3분기 국민지원금 착시효과? 가계소득 상승폭 15년來 최대

•   한국 10월 PPI: 10월 생산자물가, 전년동기比 8.9%↑…13년來 최대폭

•   한국 10월 자동차산업 동향: ‘반도체 대란’ 車산업 타격 여전... 친환경차는 10개월 연속 증가세

•   한국 주간 아파트 가격(부동산원): ‘공급 폭탄’ 대구 아파트값 18개월만에 하락

•   한국 주간 아파트 수급동향(부동산원): 서울 아파트 시장 '매도자가 더 많다'…7개월 만에 팔자 ＞ 사자

[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: House Closes In on Vote on $2 Trillion Social Spending and Climate Bill

※   The Congressional Budget Office plans to release its estimates of the Build Back Better package’s cost later Thursday

•   WSJ: Prospects of Intellectual-Property Waiver on Covid-19 Vaccines Fade

•   WSJ: New Reconstruction Points to Animal Origins for Covid-19

•   WSJ: U.S. Buys 10 Million Treatment Courses of Pfizer’s Covid-19 Pill for $5.29 Billion

※   The FDA is reviewing the antiviral drug and could decide whether to approve it by the end of this year

•   WSJ: Effort to Hire Dallas and Boston Fed Leaders Hits Full Stride

•   WSJ: Biden Says U.S. Is Considering Diplomatic Boycott of Beijing Winter Olympics

※   A diplomatic boycott would bar government officials from attending the games.

•   WSJ: Political Calculus Confronts Biden on Fed Pick of Powell vs. Brainard

•   WSJ: U.S. Pushes Arms-Control Talks as China’s Nuclear Arsenal Grows

•   WSJ: Venezuela Turns to Flashy Casinos, SUVs and U.S. Dollars for an Economic Boost

•   WSJ: Electric-Vehicle Spat Looms Over Biden’s Meeting With Canadian, Mexican Leaders

•   WSJ: Supply-Chain Snarls Deliver Windfalls to Wall Street

•   WSJ: Ford, GM Step Into Chip Business

※   Stung by semiconductor shortage, Detroit’s two biggest car companies are looking to align with computer-chip makers to develop and potentially manufacture chips

•   WSJ: For Alibaba, the Property Crackdown Is Another Headache

•   WSJ: An Antidote to Inflation? ‘Buy Nothing’ Groups Gain Popularity

•   NYT: What’s Going On in This Graph? | Dec. 1, 2021

•   NYT: Mortgage Bills Are Coming Again. $10 Billion in Aid May Arrive First.

•   NYT: As India limits syringe exports, a supply crunch has buyers looking elsewhere.

•   NYT: Striking Deere Workers Approve a New Contract on the Third Try

•   NYT: He Helped Build Tesla. Now He Hopes to Do the Same at Lucid.

•   NYT: Hydrogen produces ‘substantial’ methane, may hinder COP26 pledges

※   Applied Energy: ‘Clean’ hydrogen? – Comparing the emissions and costs of fossil fuel versus renewable electricity based hydrogen

•   FT: High shipping costs to push up global inflation, UN warns

※   UNCTAD: Review of Maritime Transport 2021

•   FT: Europe toughens restrictions to tackle wave of Covid infections

•   FT: Vladimir Putin vows to maintain ‘tension’ with west over Ukraine

•   FT: Weak partial fixes for big global problems

•   FT: How widespread is Covid in animals and what are the risks to humans?

•   FT: Michel Barnier emerges as challenger to Macron with show of party loyalty

•   FT: Belarus moves migrants away from Polish border camp

•   FT: The Brexit stand-off: Boris Johnson’s Christmas truce

•   FT: A whiff of compromise hints at serious talks

•   FT: Boris Johnson’s revised rail plan faces backlash in northern England

•   FT: US trade representative admits need for ‘course correction’ in Asia

•   FT: Empty boxes worsen stress on the US supply chain

•   FT: A watershed moment for US nuclear power

•   FT: Japan to unleash $350bn stimulus as west unwinds state spending

•   FT: Space debris cloud threatens satellites after Russia missile test

•   FT: Google intensifies outreach amid progress on EU tech regulation

•   FT: Ford chief sets ambition to be number one in electric vehicles

•   Bloomberg: Global Surveillance Systems Needed to Fight Pandemics: NEF WRAP

•   Bloomberg: Paulson Warns of ‘Dangerous’ World If China-U.S. Tensions Worsen

•   Bloomberg: AstraZeneca Covid Antibody Data Show Long-Lasting Protection

•   Bloomberg: Top Economists See Biden’s Spending Plan Adding to Inflation

•   Bloomberg: Republicans Riding High Into 2022 Elections Wary of Trump Factor

•   Bloomberg: Biden’s Top Labor Expert Wants Fed to Run Economy Hot to Boost Jobs

•   Bloomberg: Biden Plans to Skip January’s World Economic Forum in Davos

•   Bloomberg: JPMorgan Economists Now Predict Fed to Raise Rates in September

•   Bloomberg: Brexit Dispute Risks Fanning Inflation and Pushing BOE Rate Rise

•   Bloomberg: Don’t Panic About Inflation, France’s Le Maire Tells Europe

•   Bloomberg: Inflation Completes Double Whammy for Europe’s Covid-Hit Workers

•   Bloomberg: EU Extends Covid-19 Subsidy Rules Until Mid-2022

•   Bloomberg: China Says Release From Strategic Oil Reserves In the Works

•   Bloomberg: PBOC’s Support Will Focus on Small Firms, Green Energy, Yi Says

•   Bloomberg: Podcast: Why It's So Hard to Fix the Corporate Bond Market

•   Bloomberg: There’s Two Decades More Demand for Coal in Asia, Exporter Says

•   Bloomberg: Biden Wants Major Oil Reserve Sales. In Asia, That’s Not So Easy

•   Bloomberg: Biden’s Remedy for High Gasoline Prices: Blame Oil Companies

•   Bloomberg: Biden Oil Price Approach Is Working and He Hasn’t Even Acted

•   Bloomberg: It’s Too Late for Biden to Help U.S. Drivers This Thanksgiving

•   Bloomberg: China’s Coal Support Continues With $31 Billion Finance Promise

•   Bloomberg: China Huarong Gets $6.6 Billion Equity Injection in Bailout

•   Bloomberg: Embattled China Developers Rush to Raise $2 Billion in a Day

•   Bloomberg: Apple Accelerates Work on Car Project, Aiming for Fully Autonomous Vehicle

•   Bloomberg: Apple’s Return-to-Office Deadline Pushed to Feb. 1 From January

•   Bloomberg: Sovereign Wealth Funds Start Stepping Up Focus on ESG, Green Investment

•   Bloomberg: The Next Big Green Trade Is Divergence in Emerging-Market Stocks

•   Bloomberg: World's No. 1 Oil Exporter Lures ESG Investors With Green Bonds

•   Bloomberg: Asian Development Bank Official Says Quick Action Needed on Coal

•   Reuters: NY Fed's Williams says inflation increases becoming broader based

※   "We definitely have seen a pickup in underlying inflation in the U.S. that we'll be studying carefully,"

•   Reuters: Florida bans strict vaccine mandates in schools and businesses

•   Reuters: Fed's Evans, erstwhile dove, says may need 2022 rate hike

•   Reuters: A dovish rate hike? The case that loose Fed policy could backfire on jobs

•   Reuters: India cenbank may launch digital currency pilot next year-report

•   Reuters: Report shows China's growing clout at World Bank, global institutions

•   Reuters: Analysis: Pandemic debt adds to challenge of funding world's climate goals

•   Reuters: Analysis: Unspoken U.S. aim at Iran nuclear talks may be winning Chinese, Russian support

•   Reuters: Analysis: Coal power stand at COP26 climate talks lends India time to transition

•   AP: Virus surge worsens in Midwest as states expand boosters

•   CNN: Inflation is coming for your cup of coffee next

•   CNBC: Millions of people quit their jobs in the ‘Great Resignation.’ Here is why it may not last long

•   CNBC: If Biden picks Brainard over Powell for Fed chief, expect an immediate market impact

•   CNBC: Evergrande default is highly likely, S&P says

•   CNBC: Biden’s vaccine mandate will likely reach the Supreme Court. Here’s how the courts have ruled before

•   Fox Business: Wealthy Democrat donors likely to benefit from Democrats' repeal of SALT cap

•   SCMP: Xi-Biden summit: upbeat tone not enough to ease Southeast Asia’s concerns about great power squeeze

•   SCMP: The China-US duel to be multilateral trade champions will be analysed at Singapore forum

•   SCMP: Chinese experts say new US trade alliances to contain China could backfire and Beijing should push ahead with reforms

•   SCMP: New Chinese Covid-19 antibody treatment shows promise, as China races to find a cure

•   SCMP: Property, Covid-19 challenges to remain with China’s economic slowdown to continue in 2022

•   SCMP: China and the future of coal: the big burning global climate question

•   SCMP: Beijing, Moscow in talks to develop coal deposits in Russia

•   Caixin: Exclusive: Citic Group Likely to Become Huarong’s Biggest Shareholder

•   Nikkei Asia: Japan's foreign minister raises Taiwan in 1st call with Chinese counterpart

•   Nikkei Asia: U.S. aims for 'flexible and inclusive' Indo-Pacific framework

•   Nikkei Asia: China's Baidu to dispatch robotaxis in 100 cities by 2030

•   Economic Times: India's economic advisory council expects GDP to grow 7%-7.5% in 2022/23

•   Economic Times: India GDP Growth: Icra ups Q2 GDP growth estimate to 7.9% after govt spending increases

•   Economic Times: India, world's largest recipient of remittances, received USD 87 bn in 2021: World Bank

•   Economic Times: Food inflation expected to soften in coming months

•   Power Engineering: US will install record solar and wind capacity in 2022 – study

•   Equipment World: Cat 304, 305 CR mini excavators: Better performance, lower costs

•   DIGITIMES: Global server shipments to grow 4.5% to nearly 17 million units in 2021, says Digitimes Research

•   DIGITIMES: Qualcomm to scale down modem chip supply for iPhones

•   Hannover Messe News: With the robot into the Smart Factory

•   Robotics Tomorrow: True Flexibility in your Robotics System

•   매경(P1): G2 싸움에…韓반도체 중국사업 제동

•   매경: 일본 '소재' 속 썩이더니…이제 美中갈등에 '장비' 비상

•   매경: 악재 예상이나 한듯…ASML회장 방한

•   매경(P1): 당정 갈등만 들쑤셔놓고…이재명지원금 '없던일로'

•   매경(P1): [단독] "탈원전 대못박나" 원전 핵심 한전기술 설계단 해체

•   매경: "내 대출금리 오른 진짜 이유는"…금리왜곡 실태 점검해보니

•   매경: 은행들 23조 이자이익 뜯어보니…정부 대출규제·영끌족 급증 탓

•   매경: [단독] 1주택 양도세 비과세 12억 상향…與, 갈등조항 포기로 물꼬 틀듯

•   매경: 정부 "수입의존 원자재 직접 관리"

※   기재부: 제11차 요소수 수급 관련 범부처 합동 대응 회의 개최

※   산업연구원: "한국 산업의 공급망 취약성 및 파급경로 분석"

•   한경(P1): 파격인 줄 알았는데 '트렌드'…80년대생 임원들이 온다

•   한경: 4대그룹도 임원 세대교체 속도낸다

•   한경(P1): 여의도·대치·송파 '오세훈표 재건축' 급물살

•   한경: "이번엔 꼭 재건축"…1년도 채 안 됐는데 집값 6억 뛰었다

•   한경: 수도권 매물 늘지만…강남 인기 지역은 '매물잠김'

•   한경: 서울 대형 아파트 평균 매매값, 문재인 정부 들어 10억 올라

•   한경: 삼성, 파운드리 파트너 대폭 강화…3나노 양산 '원팀'으로

•   한경: 돌파감염 차단 위해 부스터샷 대상 확대

•   한경: "내년 동박의 시대 온다"…증권업계가 주목한 세 가지 종목

•   한경: 박원순式 도시재생' 손본다…오세훈 "미래계획 다시 세울 것"

•   서경(P1): 일자리 대격변···전통산업 일할 사람이 없다

•   서경: 고급 두뇌부터 일용직까지...나이·업종 상관없이 노동시장 요동

•   서경: 배달·배송·운전 종사자가 30% 차지...월 평균 22일 일하고 192만원 벌어

•   서경: "대책없이 일상회복 전환···5차 대유행땐 확진 1만명 넘을 것"

•   서경: 저무는 자유무역·골디락스 시대···인플레 장기화 공포 커진다

•   서경: "美 주도 기술표준 합류···원자재 수입처 다변화 집중을"

•   서경: "韓 공급망 '약한고리' 中 중간재···산업별 대응전략 마련 서둘러야"

•   서경: 중국發 원자재 급등에 환율까지···내년 기업실적 '짙어지는 먹구름'

•   서경: 요소수 대란 불러놓고···中대사 "양국 공급사슬 등 협력할 때"

•   서경: 셋집도 서러운데···전세대출 이자, 시장 금리 2배로 올랐다

•   서경: 치솟는 물가···배달비 빼도 '치킨 2만원 시대' 열렸다

•   조선(P1): 고등교육 1위 한국, 대졸 취업률은 OECD 31위

•   조선: 청년들 비명에도… 소주성委 “최저임금 인상, 고용에 긍정적 효과”

•   조선: “52시간제로 경영난” 신고리 5·6호기 건설업체 작업중단

•   조선: 윤석열·안철수 “탈원전 폐기” vs 이재명·심상정 “신재생에너지 전환”

•   조선비즈: 철도노조, 파업 찬반투표 가결...찬성률 67%

•   조선비즈: 외투기업 4곳 중 1곳 “코리아 리스크 있다”

•   조선비즈: 삼성 위협하는 애플·샤오미… ‘갤럭시S22’ 내년 2월 출격 1위 사수 총력

•   중앙(P1): ‘병상대란’ 입원 대기환자 보름새 0명→423명

•   중앙: “백신 빈익빈 부익부…선진국 부스터샷보다 저개발국 공급 중요”

•   중앙: LG의 신실용주의…전자의 구미 TV공장, 애플 폰카공장으로

•   동아(P1): 택시 그만두고 ‘배달맨’… 플랫폼 인력 3배로 늘어

•   동아: “원할때 일하고 수입 늘어”… 식당-숙박 임시직, 플랫폼으로 대이동

•   동아: 中企 숙련 직원 “배달 오토바이 타는게 더 번다”

•   동아: 美, 한국에 ‘비축유 방출’ 요청… 정부 “검토 중”

•   동아: 6개 발전공기업 “탈석탄-탈원전 불확실성, 투자 위험요소”

•   동아: 훌쩍 큰 양자컴퓨터 “슈퍼컴, 비켜”

•   동아: 증시 몰린 동학개미… ‘국민주’ 올해 7개로 늘었다

•   문화(P1): [팩트체크]서울 1주택자 ‘종부세 폭탄’ 그대로다

•   문화: 과세기준 올렸지만 집값 천정부지…서울 8개구 되레 대상 늘어

•   문화: 종부세·재산세 등 합친 ‘3주택 보유세’ 1억 육박

•   문화: 내년 종부세 더 오른다는데… ‘고가 1주택 은퇴 가구’ 직격탄

•   한국(P1): 美 중재에 찬물 끼얹어…한미일 공조 뒤엎은 日 '독도 생트집'

•   한국: 이미 효력 다한 5월 접종… 요양병원, 되살아난 지난 겨울 악몽

•   한겨레: [단독] 정부, 국비 8천억 쓰고 잠정 중단된 사용후핵연료 연구 재개로 방향 잡았나

•   머니투데이: "연봉 많고 신용 높은 게 죄인가요"…상식 깨진 대출시장

•   머니투데이: "동해가스전에 이산화탄소 묻는다"…30년간 총1200만톤

※   산업부: 블루수소 연계 국내 최초 상용 규모 CCS 사업 동해가스전 활용 '25년부터 年 40만톤 이산화탄소 저장 추진

•   머니투데이: 美 금리 인상에 내년 원화가치, 올해보다 또 빠진다

•   더벨: '일산의 비극' 두산건설, 균열부터 매각 초읽기까지

•   헤럴드경제(P1): ‘똘똘한 한 채’는 역시 잘 팔리고 값 올랐다

•   헤럴드경제(P1): 2022 소비대변혁, P코노미가 온다

•   파이낸셜뉴스(P1): 태양광의 배신…투자펀드 원금 날아갔다

•   파이낸셜뉴스: 20분만에 80% 충전, 482㎞ 주행… "대형 전기 SUV 기준 제시" [미래 SUV 전기차는 이런 것]

•   아시아경제(P1): '주거사다리' 정책모기지 올스톱, 무주택 서민 돈 빌릴 곳 없다

•   아시아경제: 유류세 인하 1주 만에 휘발유 1600원대 눈앞

•   디지털타임스(P1): [기획] 전세대책이 외려 전셋값 폭등 불렀다

•   이데일리(P1): 미래 먹거리 '바이오·6G' 정조준…JY 제2 반도체 신화 시동

•   이데일리: 中 화웨이 잡고, 바이오 강자 넘본다…JY '뉴 삼성' 구체화

•   연합: 오후 9시까지 2천688명, 어제보다 288명↓…19일 3천명 안팎예상

•   e대한경제: 커지는 불확실성에 내년 주요 기업 전망 '빨간불'… 사업계획 수립 막판 고심

•   e대한경제: "2030년 전기차 비중 33% 확대…3만5000명 일자리 잃는다"

•   더구루: [단독] 삼성전자·SK하이닉스, 'D램 담합' 캐나다 집단소송 3년 만에 승소

•   글로벌이코노믹: [단독] 두산비나, 베트남 '세무 행정 위반' 벌금 포함 36억원 세금납부 통보받아

•   에너지경제: 새만금 수상태양광 착공, 결국 해 넘겨…2023년 준공 차질 불가피

•   ZDNet Korea: 세로로 접던 '갤럭시Z폴드' 가로로 접나?

•   디지털데일리: 정부, '반도체 전쟁' 준비한다…생태계 투자 지원

•   물류신문: 공급망 대란 속 국내 주요 운송수단의 현재까지와 과제는

[Opinions]

•   Project Syndicate(Kristina Skierka, Richenda Van Leeuwen): Think Small to Fight Climate Change

•   Project Syndicate(Anders Åslund): Confronting the Kremlin's New Hybrid War in Europe

•   FT(Editorial Board): Jobs record shows EU can learn from past

•   FT(Editorial Board): Reading the runes on UK inflation

•   FT(Gillian Tett): The US Treasuries market is a dangerous place to dream

•   FT(Edward Luce): Why Democrats are so bad at politics

•   FT(Martin Sandbu): Inflation panic-mongers should not declare victory

•   FT(Robert Armstrong): Junk bond yields are not insane

•   FT(Richard Waters): Nvidia’s hopes on Arm bid fade as regulatory blows mount

•   FT(John Thornhill): It is time to bet big on fusion energy

•   FT(Alexander Gabuev): Russia’s energy deals with China may backfire on the Kremlin

•   FT(Fabio Panetta): The ECB’s case for central bank digital currencies

•   WSJ(Editorial Board): Biden’s Gas-Price Diversion

•   WSJ(Daniel Henninger): Joe Biden’s Trumpian Excess

•   WSJ(Phil Gramm, Mike Solon): Will Joe Manchin Stand His Ground on Inflation?

•   NYT(E. Tammy Kim): The Supply-Chain Crisis Is Creating a Rare Opportunity for Truck Drivers

•   WP(Henry Olsen): Don’t underestimate Xi Jinping’s ambition

•   WP(Jennifer Rubin): Biden is finally breaking through the gloomy news cycles

•   Bloomberg(Conor Sen): Fed Tightening Makes Sense Sooner as Job Market Accelerates

•   Bloomberg(Justin Fox): The Great Resignation Is Great for Low-Paid Workers

•   Bloomberg(Tyler Cowen): Milton Friedman Is More Relevant Than Ever

•   Bloomberg(John Authers): Crypto's Problem: Trust in Financial Institutions Appears Strong

•   Bloomberg(Brooke Sutherland): The U.S. Supply-Chain Crisis Is Already Easing

•   Bloomberg(Alexis Leondis): Inflation Is Making the SALT Deduction Less Sweet

•   MarketWatch(Ralph McLaughlin): How the pandemic broke the yardstick for measuring home values

•   Fox News(Roger Marshall): Biden's COVID vaccine mandate treats our heroes like felons. I'm fighting to stop it

•   머니투데이(최준영): 저무는 석탄화력의 시대