Business Intelligence Monitor 211210

(Introduction)

[Markets]

•   Global: Dollar gains, equity rally stalls as caution returns

※   Stocks, oil slip as governments act on Omicron

•   Metals: Copper slips as Omicron restrictions power dollar

•   Grains: Wheat hits 1-month low as USDA projects larger world crop; corn, soy rise

•   한국: '네 마녀의 날'에도 코스피 상승 마감…3,020대 회복

•   한국: 두산그룹주 다 올라, 두산 3%대 두산중공업 오리콤 2% 안팎 상승

[Indicators]

•   US Q3 Household net worth: U.S. Household Net Worth Posts Smallest Gain of Covid Recovery

•   US Oct. Wholesale inventories: U.S. October wholesale inventories revised slightly higher

•   US Weekly Jobless claims: U.S. Jobless Claims Fall to Lowest Level in 52 Years

※   Unemployment filings fell to 184,000 in the week ended Dec. 4 as employers hold on to workers

•   Germany Oct. Balance of trade: German exports shoot up 4.1% in October

•   UK Nov. House prices: U.K. House Prices Keep Rising on a Dearth of Supply

•   China Nov. CPI·PPI: China’s Factory-Gate Inflation Softens in November

※   Producer-price index decelerates from October’s 26-year high, leaving some options for stimulus

•   한국 10월 재정수지: 세수 54조원 늘었지만...재정은 67조원대 적자

•   한국 주간 아파트 가격(부동산원): 상승폭 키운 서초, 제동 걸린 강북…따로 가는 서울 아파트값

•   한국 주간 주택시장 동향(KB): 관악-동대문-마포 집값 상승률 0%… “1억 낮춰도 매수 문의 없어”

•   한국 11월 주택가격(KB): 서울 아파트 월세지수… 11월, 역대 최고 108.6

[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

•   FT: Inflation tracker: the latest figures as countries grapple with rising prices

•   CNN: Tracking America's recovery

•   Bloomberg: Global PMI Tracker

•   Bloomberg: The Covid Resilience Ranking

[News]

•   WSJ: Pfizer-BioNTech Covid-19 Booster Authorized for 16- and 17-Year-Olds

※   The teenagers can now get the extra dose at least six months after finishing the two-dose series

•   WSJ: Covid-19 Vaccine Rollout for Young Children Is Slow in Many States

•   WSJ: Covid-19 Vaccine Makers Are Unsure if Fine-Tuning Shots for Omicron Is Worthwhile

•   WSJ: Did Covid-19 Cause Flu Strain to Go Extinct?

•   WSJ: Senate Passes Legislation Aimed at Blocking Biden’s Covid-19 Vaccine Rules for Employers

※   The legislation would still have to pass the House and overcome a presidential veto

•   WSJ: Senate Clears Key Hurdle for Debt-Ceiling Increase to Avert Default

※   Republicans and Democrats settled this week on novel path to raise the limit

•   WSJ: Evergrande and Kaisa Have Defaulted, Fitch Says

※   Failures to repay investors are piling up in China’s property sector

•   WSJ: China’s Latest Challenge Is Engineering a Soft Landing for a Sputtering Economy

•   WSJ: China’s Central Bank Is Under Pressure, but to What End?

•   WSJ: Indian Farmers End Yearlong Protest After Government Retreat

•   WSJ: China’s Treatment of Uyghurs Amounts to Genocide, U.K.-Based Panel Finds

•   WSJ: U.S. Moves to Tighten Iran Sanctions Enforcement as Nuclear Talks Stall

※   Delegation to warn private firms and banks in U.A.E. that they ‘face extreme risk’ if sanctioned trade continues

•   WSJ: U.A.E. Shut Down China Facility Under U.S. Pressure, Emirates Says

•   WSJ: SEC’s Gary Gensler Seeks to Level Playing Field Between SPACs, Traditional IPOs

•   WSJ: American Airlines to Reduce International Flights Due to Boeing Dreamliner Delays

•   WSJ: Starbucks Workers at Buffalo-Area Store Vote in Favor of Unionizing

•   WSJ: GE, Union Pacific Suspend Covid-19 Vaccination Mandates After Injunction on Biden Order

•   WSJ: After Covid Closures, a New Quest to Make Offices Less Awful

•   WSJ: Is the Metaverse Really the Next Big Thing?

•   NYT: Here's Why Inflation Is Worrying Washington

•   NYT: What Data Shows About Vaccine Supply and Demand in the Most Vulnerable Places

•   NYT: U.S. Announces End to Combat Mission in Iraq, but Troops Will Not Leave

•   NYT: Ukraine Commanders Say a Russian Invasion Would Overwhelm Them

•   WP: Biden warns against ‘backward slide’ in democracy around the globe at outset of two-day summit

※   The U.S. president said concerted work is needed to preserve democracy during an “inflection point in history.”

※   White House: Fact Sheet: Announcing the Presidential Initiative for Democratic Renewal

•   WP: Why democracy is suddenly in need of defense

•   WP: All the bad news lately for Biden’s vaccine requirement

•   WP: Rapid coronavirus tests are still hard to find in many places, despite Biden vows

•   WP: House votes to ban goods made by forced labor in China’s Xinjiang region

•   WP: Long covid is destroying careers, leaving economic distress in its wake

•   FT: US to blacklist Chinese AI company SenseTime over Xinjiang ahead of IPO

※   Facial recognition software specialist targeted for allegedly enabling human rights abuses

•   FT: New rules for gig economy workers can stop ‘distortions’, says Brussels

•   FT: Why Nord Stream 2 is at heart of US warnings to Putin over Ukraine

•   FT: Scholz’s top Europe aide to hit ground running

•   FT: Macron calls for EU to strengthen borders and forge closer defence ties

•   FT: Covid curbs will have limited impact on UK recovery, say economists

•   FT: Johnson braced for big Tory rebellion over Covid measures

•   FT: UK-EU trade is about to get a lot more complicated

•   FT: Labour calls for support for UK’s energy intensive industries

•   FT: British housing boom created £3tn ‘unearned’ and ‘unequal’ windfall

•   FT: Biden to hold talks with eastern Nato states amid Putin compromise fears

•   FT: Emerging markets hit by abrupt slowdown in new foreign investment

•   FT: ‘Erratic’ European vaccine donations hamper African jabs rollout

•   FT: China’s 20th anniversary as a WTO member triggers mixed emotions

•   FT: Iberdrola’s $8.3bn acquisition of US utility PNM rejected by regulators

•   FT: Volkswagen boosts electric investment by €17bn after clash with union

•   Bloomberg: 2021 in Review: Covid Variants, Supply Chain Chaos and an Insurrection Watched Around the World

•   Bloomberg: Omicron Four Times More Transmissible Than Delta in Japan Study

•   Bloomberg: House Passes Bill to Punish China Over Oppression of Uyghurs

•   Bloomberg: Biden Commerce Chief ‘Quite Confident’ Inflation Will Peter Out

•   Bloomberg: U.S. Won’t Push Companies to Pull Out of Olympics, Raimondo Says

•   Bloomberg: U.S. Chips Funds Need Rules to Deter Use in China, Raimondo Says

•   Bloomberg: Inflation Near 40-Year High Shocks Americans, Spooks Washington

•   Bloomberg: Italy Plans to Allocate More Money to Cushion Energy Price Spike

•   Bloomberg: Europe Raises China-Lithuania Trade Dispute With WTO Chief

•   Bloomberg: China’s Smaller Firms Face Unpaid Bills Due to Housing Slump

•   Bloomberg: Evergrande Restructuring Puts Bondholders at Beijing’s Mercy

•   Bloomberg: Evergrande Crisis to Be Dealt With by Market, PBOC Says

•   Bloomberg: Japan’s Ruling Coalition to Call for Fairer Capital Gains Tax

•   Bloomberg: Bank of Canada Worries Supply Chain Disruptions Could Persist

•   Bloomberg: China Moves to Curb Yuan’s Gain by Lifting FX Reserve Ratio

•   Bloomberg: China Markets Are Hot Again as Traders Bet on More Policy Easing

•   Bloomberg: Company Pay Policies Are Adding to Wage Inequality, OECD Says

•   Bloomberg: Supply Chain Woes Force Murata to Ship Lithium Batteries by Air

•   Bloomberg: Omicron-Like Covid Variants Could Be Stifled by AIDS Therapy

•   Bloomberg: When Will Oil Demand Peak in the Era of Electric Vehicles?

•   Reuters: Biden not considering a ban on U.S. oil exports to lower gas prices -source

•   Reuters: IMF chief economist sees inflationary pressures, risks from Omicron

•   Reuters: WHO warns against vaccine hoarding as poorer countries go without

•   Reuters: Exclusive: U.S., Israel to discuss military drills for Iran scenario

•   Reuters: Russia and U.S. to hold new talks on diplomatic row by year-end - Ifax

•   Reuters: Fed to lift rates in Q3 next year, but risk it comes sooner: Reuters poll

•   Reuters: Biden administration signals Friday's inflation data could be high

•   Reuters: French minister says no diplomatic boycott for Beijing Olympics

•   Reuters: Germany must build fiscal reserves for next crisis - Scholz

•   Reuters: Macron says EU's post-COVID economy needs new budget rules

•   Reuters: EXCLUSIVE ECB governors home in on temporary, limited bond purchase boost -sources

•   Reuters: EU passes first chunk of green investment rules, contentious sectors still to come

•   Reuters: S.Africa's Omicron-linked COVID-19 wave hits record near 22,400 new cases

•   Reuters: Only 6% of S.Africa's intensive care beds occupied by COVID-19 patients - WHO official

•   Reuters: Japan's COVID-19 cases defy Asia rebound, yet fears remain for winter wave

•   Reuters: EXCLUSIVE Japan Inc sees higher profits, but not wages, in year ahead

•   Reuters: Demand still strong for India-made AstraZeneca vaccine doses - COVAX's GAVI

•   Reuters: Explainer: Omicron vs COVID-19 vaccines: What more do we need to know?

•   Reuters: Analysis: Flawed market reform leaves energy consumers with less choice

•   Reuters: Analysis: Global farmers facing fertiliser sticker shock may cut use, raising food security risks

•   AP: EXPLAINER: What does an Olympic diplomatic boycott achieve?

•   CNN: Online inflation hits a record high ahead of the holidays

•   CNN: It's not quite the metaverse, but Meta is launching its virtual world

•   CNBC: South Africa omicron crisis: Cases, hospitalizations and vaccinations

•   CNBC: The Covid pandemic could end next year, experts say — here’s what that looks like, and how the U.S. could get there

•   CNBC: Supply chain disruptions may ease in the second half of 2022, insurer says

•   MarketWatch: Inflation may linger in the U.S. because of the initial coronavirus assistance programs, researcher finds

•   SCMP: China shipping to Southeast Asia sees prices surge tenfold as reopening demand picks up

•   SCMP: Coronavirus: China approves first local neutralising antibody cocktail for high-risk patients

•   SCMP: China population: article demanding Communist Party members have three children goes viral

•   SCMP: As China-EU ties regress, Brussels’ envoy asks: are we back in the Mao era?

•   SCMP: China-Japan tension: Abe’s comments on Taiwan prompt Beijing threat to ‘reconsider’ bilateral relations

•   SCMP: US dollar-yuan exchange rate: China ups forex deposit reserve requirement ratio in bid to curb currency rally

•   Nikkei Asia: Automakers hit limits of 'just-in-time' supply chain management

•   Nikkei Asia: Toyota shuts lines at 2 Japanese plants due to supply chain woes

•   Nikkei Asia: Power drones: Toyota supplier tries novel fix to disaster outages

•   Economic Times: Economy likely to grow 9 per cent next fiscal: Credit Suisse

•   OilPrice.com: Russia’s Gazprom Neft Expects Record Oil, Gas Production In 2021

•   OilPrice.com: Another Iranian Pipeline Explosion As Aging Infrastructure Fails

•   MINING.com: Five charts ask if mining is in a supercycle, one screams no

•   DIGITIMES: Taiwan PCB suppliers for iPhones see revenues peak in November

•   DIGITIMES: Chinese carmakers step up investment in semiconductor

•   Robotics Tomorrow: Adaptive Swarm Robotics Could Revolutionize Smart Agriculture

•   매경(P1): 코로나로 결혼도 출산도 급감…'경제허리' 인구 50년뒤 반토막

※   통계청: 「장래인구추계: 2020~2070년」

•   매경: 50년 뒤엔 절반이 62세 이상…성인 1명이 노약자 1명 부양한다

•   매경: 인구 충격파…2040년엔 취업자증가율 OECD '꼴찌'

•   매경(P1): [단독] 삼성전자 3040 임원 대거 발탁

•   매경: 갤럭시폰 두뇌 개발 37세 상무…AI음성 전문가 45세 부사장

•   매경: 아부다비서 세계 거물들 만난 이재용…"해외 전문가들과 미래 논의"

•   매경: 후~ 불었더니 "여기 아프시죠?"…다보스포럼이 꼽은 10대 미래기술

※   World Economic Forum: Top 10 Emerging Technologies of 2021

•   매경: 한은 "물가 상반기까지 계속 올라"

※   한국은행: 「통화신용정책보고서」(2021년 12월)

•   매경: [단독] LG경제연구원, 내년 LG경영연구원으로 재탄생

•   매경: 기업 탄소감축 막는 5대 장벽, 더 높인 정부

•   한경: 코로나 돈줄 죄는 英·佛·獨·日…100조원 풀 궁리만 하는 한국

•   한경: 조선의 봄…7년 만에 정규직 뽑는다

•   서경: 서울대 82학번, 삼성·SK·LG 사령탑 꿰차다

•   서경: 포스코, 오늘 지주사 체제 결정...인적·물적방식 모두 상정

•   서경: 아이폰13 '먹통' 미스터리···두달째 원인 못찾아

•   서경: LG이노텍·신세계···'역대급 실적주' 빛난다

•   서경: [단독] 떼인 전세금 '역대 최대'···올 5,000억도 넘었다

•   서경: 대기업 CEO들, 오늘 靑 총출동···文대통령 탄소중립 지원 약속

•   조선(P1): 오미크론 변이 20분만에 판별… 국내에서 개발

•   조선: 세계는 전기車 질주하는데… 현대차는 전용공장도 없어

•   조선: 2%만 낸다는 종부세, 민간임대에 불똥 튀었다

•   조선: 신혼부부 10쌍중 9쌍이 빚졌다… 60%는 무주택, 50%는 무자녀

•   조선: 사람들 구글서 뭘 찾아봤을까? 한국 1위는 메타버스 게임 ‘로블록스’

•   조선: [WEEKLY BIZ] 원전의 운명, 22일 결판 난다

•   조선: 지구 쌍둥이 만들어 지구를 구하라

•   조선비즈: 韓·美 반도체 협력 강화…공급망 리스크 논의

•   조선비즈: TSMC 낙수효과?…삼성, 퀄컴 이어 AMD 칩 4나노 파운드리 수주

•   중앙(P1): 사흘째 7000명…부스터샷 3개월로 단축 검토

•   중앙: 10월 말 고령층 예방효과 42%로 추락…부스터샷 당겼어야

•   중앙: 여당, 이재명표 ‘노동이사제’ 강행 채비…야당 “하명법 반대”

•   중앙: 이용객 10% 이상 줄었다…오미크론에 한숨짓는 항공업계

•   동아: “지구 기온, 2100년에 4도 상승… 하루 비 800mm 내릴 수도”

•   동아: “비야 내려라∼” 드론-비행기 띄워 인공강우 실험

•   동아: ‘반도체 수급난’ 겪은 완성차들, 공동개발-직접 거래 뛰어들어

•   한국: 국내 스타트업 투자 첫 20조 예상… 해외 투자사들, 전년비 5배 투자

•   국민: 대우건설 품은 중흥그룹, 건설사 빅3 도약

•   서울(P1): “즉각 록다운, 100% 손실보상” 힘받는 특단대책

•   서울: “독립세력과 선 그어라” 中, 대만기업 길들이기

•   세계: 5인 미만 사업장도 근로기준법 적용안… 노동계 ‘대선 심판’ 압박에 입법 속도

•   머니투데이(P1): 현대重-대우조선 M&A 결론, 올해 넘긴다…"EU 결정 보고 판단"

•   머니투데이: 철도역사에 '초고층 주택공급' 의무화...GTX-C·신안산선 8개역 부터

•   파이낸셜뉴스(P1): 與도 野도 돈푸느라 재정준칙 논의 뒷전 [뒷전 밀려난 재정준칙]

•   아시아경제(P1): [단독] 70대 환자 앰뷸런스서 호흡기 달고 병상 찾아 10시간 헤맸다

•   디지털타임스: S&P "한국 정부부채 상황 신용등급 영향줄 정도 아냐"

•   디지털타임스: 겹악재 못 떨친 완성차, 인건비 부담만 늘어

•   더구루: [단독] 한수원, 유럽 태양광시장 출사표

•   에너지경제: 한전, 신재생에너지 발전 '급제동'…연내 입법 사실상 무산

•   에너지경제: 윤재갑 의원 "신재생에너지 자급제, 수출경쟁력 확보·지방소멸 해법"

•   전자신문(P1): 민간 첫 '파운드리 테스트베드' 만든다

•   로봇신문: [단독]2022년도 로봇 예산 '1842억원' 확정

•   로봇신문: 中 CCTV, "자카로봇ㆍ리더드라이브, 중국 산업계 혁신 이끈다"

[Opinions]

•   Project Syndicate(Jim O’Neill): The Big Issues for 2022

•   Project Syndicate(Ricardo Hausmann): Green Growth at the End of the Flat World

•   Project Syndicate(Daniel Gros): The Conservative Central Banker Returns

•   FT(Edward Luce): America is still a dangerous nation

•   FT(Martin Sandbu): The global state of inequality

•   FT(Mohamed El-Erian): Market volatility could portend a retreat of liquidity

•   FT(Robert Armstrong): Only 10 US stocks really matter

•   FT(Polina Ivanova): Kremlin penetrates deeper into online world of Russians

•   FT(Elisabeth Braw): Russia’s ‘greyzone’ aggression is already harming Ukraine

•   FT(James Kynge): Xi faces the dilemma of China’s imperial rulers

•   FT(Claire Jones): Are bottlenecks bullwhip?

•   WSJ(Mike Juran): Let’s Pump the Brakes on Big Tech

•   NYT(Corey Robin): Why Joe Biden Needs More Than Accomplishments to Be a Success

•   NYT(Zeynep Tufekci): For the Elderly, Complacency Could Be a Killer

•   NYT(Jan-Werner Müller): Biden Is Selling Democracy Short

•   WP(David Ignatius): Putin barrels toward invading Ukraine, encouraged by Trump

•   WP(E.J. Dionne Jr.): The Summit for Democracy’s challenge for Biden

•   Bloomberg(Tyler Cowen): Omicron Spread: Even Mild Variant Could Create Chaos in Early 2022

•   Bloomberg(John Authers): Markets Overestimate a ‘Powell Pivot’ on Inflation to Prop Up Growth, Assets

•   Bloomberg(Karl W. Smith): The Biden Economy Is Actually Doing Pretty Well

•   Bloomberg(Eli Lake): Ukraine Crisis: Biden’s Diplomacy With Putin Is Dangerous

•   Bloomberg(Ari Natter): Democrats Among Lawmakers Asking Biden Not to Ban Oil Exports

•   MarketWatch(Jeffrey Fuhrer): Can the Federal Reserve taper without causing a tantrum in the markets? So far, so good

•   Fox News(Jonathan Turley): Biden's COVID vaccine mandate takes another hit in the courts

•   매경(박주헌): '탈석탄' 속도조절이 필요하다

•   헤럴드경제(곽지혜): 지역주도 탄소중립 선결과제