Business Intelligence Monitor 211216

(Introduction)

[Markets]

•   Global: World shares, bond yields rise after Fed meeting

※   Fed announces quicker wind-down of bond purchases

※   U.S. yields rise, curve flattens after Fed statement

※   Wall Street ended sharply higher after Fed statement

•   Metals: Industrial metals fall as Chinese data weakens demand outlook

•   Grains: Wheat futures down on Australia harvest, Black Sea exports

•   한국: 코스피 0.05% 상승 마감…FOMC 앞두고 관망세

•   한국: 44조→8조…코스피 거래대금 '뚝'

•   한국: 두산그룹주 등락 갈려, 두산밥캣 3%대 내리고 두산중공업 올라

[Indicators]

•   US Benchmark rate: Fed Decision: Officials Project Three Interest Rate Rises in 2022 and Accelerate Stimulus Wind Down

※   Reducing bond-buying program more quickly opens door to earlier interest rate rise

※   Fed: Federal Reserve issues FOMC statement

※   Fed: Federal Reserve Board and Federal Open Market Committee release economic projections from the December 14-15 FOMC meeting

※   WSJ: There Are Scarier Things Than a Hawkish Fed

•   US Oct. Business inventories: U.S. business inventories increase strongly in October

•   US Nov. Retail sales: U.S. Retail Sales Slow With Holiday Shoppers Facing Inflation, Shortages

※   November spending outpacing price gains from year earlier, but cooled from October

•   US Nov. Export·Import prices: U.S. import prices slow in November on petroleum

•   US Dec. NAHB housing market index: Homebuilder confidence ends the year on a high even as costs rise and labor is in short supply

•   US Dec. Empire State manufacturing index: New York manufacturing activity stays strong in December

•   US Weekly Mortgage rates·applications: Mortgage refinances fizzle as interest rates resume their climb

•   UK Oct. House prices: UK house price growth slows to 10.2% in Oct - ONS

•   UK Nov. Nov. CPI·PPI: UK inflation hits highest level in a decade

•   China Nov. Industrial production, etc.: China’s Economic Activity Slowed in November on Property Slump, Weak Consumption

※   Monthly consumption, property and investment indicators weakened, increasing pressure on Beijing to take steps to support growth

•   Brazil Oct. Economic activity: Brazil Economy Loses Momentum, Risks Extending Recession in Fourth Quarter

•   Indonesia Nov. Balance of trade: Indonesia's Nov trade surplus falls to $3.51 bln; shipments at record

•   한국 10월 통화 및 유동성: 재난지원금에 가계유동성 늘어···10월 통화량 한달새 38조 증가

•   한국 11월 고용: 11월 취업자 증가 55만명으로 주춤…숙박·음식업 다시 감소

•   한국 11월 주택가격(부동산원): 정부선 "집값 상승세 꺾였다"는데···올 전국서 13% 올라, 작년의 2배

[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: The Outlook for Inflation—Near Term and Far

•   WSJ: CDC’s Early Covid-19 Test Hampered by Design Flaw, Contamination

•   WSJ: U.S. Set to Ban American Investment in Some Chinese Companies Over Surveillance

※   A draft Treasury Department announcement says the companies, including a large drone maker, help China’s mass surveillance of Muslim ethnic groups

•   WSJ: Biden Agenda Slows in Senate as Final Child Tax Credit Payments Land in Bank Accounts

•   WSJ: U.S. Healthcare Spending Rose Nearly 10% in 2020, Report Finds

•   WSJ: Covid-19 Cuts Short Blinken’s Effort to Rally Asian States Against China

•   WSJ: Putin, Xi Affirm Russian-Chinese Cooperation to Counter Western Pressure

※   Leaders agreed to work together to defend their nations’ security interests amid high tensions with U.S., Europe

•   WSJ: Xi Jinping’s Leadership Style: Micromanagement That Leaves Underlings Scrambling

•   WSJ: Iran Agrees to Let U.N. Atomic Agency Reinstall Cameras at Karaj Centrifuge Production Site

※   Tehran says IAEA can resume monitoring, averting clash with U.S. as talks to revive nuclear deal drag on

•   WSJ: China Presses EU Over Taiwan by Targeting One of Smallest Members

•   WSJ: SEC Seeks to Prevent One Cause of Investor Runs During Financial Panics

•   WSJ: SEC Proposes Tighter Rules on Insider Trading, Stock Buybacks

•   WSJ: Surging Fertilizer Costs Push Farmers to Shift Planting Plans, Raise Prices

•   WSJ: India Seeks Its Own Solar Industry to Counter China

•   NYT: Biden’s China Dilemma: How to Enforce Trump’s Trade Deal

•   WP: Fauci says omicron-specific vaccine is not yet needed because booster shots will protect

※   “Our booster vaccine regimens work against omicron. At this point, there is no need for a variant-specific booster,”

•   WP: The inescapable partisanship of how people view the economy

•   WP: Biden's vaccine policy for private companies to be reviewed by three-judge panel

•   WP: Paris taxi firm G7 suspends Tesla Model 3 cars after fatal accident

•   FT: UK hits record number of daily coronavirus cases

※   Government’s chief medical adviser urges public to limit social mixing

•   FT: Surging global inflation puts pressure on policymakers

•   FT: EU aims to scrap long-term gas supply contracts

•   FT: Germany to expel Russian diplomats after court accuses Kremlin of ‘state terrorism’

•   FT: Germany’s Russia Problem by John Lough — balancing act

•   FT: Olaf Scholz warns of threat from Germany’s extreme anti-vaccine campaigners

•   FT: Valérie Pécresse races to unite her party as she begins bid to oust Macron

•   FT: EU gears up for tech regulation fights in the new year

•   FT: UK companies warn about impact of Omicron staff shortages

•   FT: Johnson braces for closely fought parliamentary by-election

•   FT: Trouble looms for Biden over trade policies

•   FT: Covid boosters in rich countries will create 3bn jabs shortfall, warns WHO

•   FT: China’s Sinovac offers inadequate protection against Omicron, study shows

※   Hong Kong researchers say two doses of the jab provided ‘insufficient’ antibodies against new varian

•   FT: Sanofi pushes back expected Covid vaccine approval date again

•   FT: China offshore listings clampdown threatens Wall Street

•   FT: Investors pour billions of dollars into inflation-linked assets

•   FT: Investors challenge concealment clauses at large tech groups

•   FT: The German activist following in Engine No 1’s footsteps

•   FT: 5G rollouts offer ‘internet of things’ a more sophisticated outlook

•   FT: Asia chipmakers’ nightmare: will shortages give way to a glut?

•   FT: Elon Musk: Interview with FT’s Person of the year

•   Bloomberg: Biden Team Mulls New Clampdown on China’s Largest Chipmaker

※   U.S. equipment makers face new restrictions in selling to SMIC

•   Bloomberg: Omicron Variant Infections Are 70 Times Faster But Less Severe, Study Shows

•   Bloomberg: The Fed’s New Dot Plot After Its December Rate Meeting: Chart

•   Bloomberg: Energy Crunch Strains European Budgets With Risks Beyond Winter

•   Bloomberg: Supply Chain Latest: The Supply-Chain Logjam Reaches $65 Billion

•   Bloomberg: Europe Travel Pass at Risk as Hurdles Return for Vaccinated

•   Bloomberg: Scholz Proposes New EU ‘Ostpolitik’ to Ease Tensions With Russia

•   Bloomberg: Germany Faces Vaccine Shortage, Says Working to Reverse It

•   Bloomberg: EU Regulators Recommend Booster of Johnson & Johnson Vaccine

•   Bloomberg: Shimao Bonds Extend Declines, Stoking Contagion Fear and Bailout Speculation

•   Bloomberg: China Likely to Make 5% Growth Its Bottom Line for 2022

※   Housing curbs push expansion below pre-pandemic rates

•   Bloomberg: S. Africa Daily Covid Cases Hit Record; Hospitalizations Muted

•   Bloomberg: China’s Bubble Bursting Has Wall Street Eyeing a 2022 Rally

•   Bloomberg: Surging U.S. Gasoline Demand Could Keep Pump Prices Elevated

•   Bloomberg: China Chipmaker’s Major Shareholder Said to Reject Rescue Plan

•   Bloomberg: Samsung Gets Competition in Foldables From a $1,250 China Phone

•   Bloomberg: China Urges Solar Giants to Fight Against Trade Restrictions

•   Bloomberg: What Happens to Ford Electric Cars? Automaker Is Closing Its Order Books

•   Bloomberg: Eskom Lowers Debt, Advances Plans to Restructure Key Units

•   Reuters: France and Germany seek fresh peace talks with Russia

※   Macron, Scholz and Zelenskiy come together in Brussels

•   Reuters: COVID-19 vaccines may be less effective against Omicron - WHO

※   WHO: Weekly epidemiological update on COVID-19 - 14 December 2021

•   Reuters: Pfizer set to oust AstraZeneca as top supplier of COVID-19 shots to poor nations

•   Reuters: U.S. study suggests vaccines may be ineffective against Omicron without booster

•   Reuters: IMF warns of interest rate risks as global debt hits $226 trillion

※   IMF: Global Debt Reaches a Record $226 Trillion

•   Reuters: EU to clamp down on domestic methane emissions from oil and gas

•   Reuters: Omicron is responsible for 60% of COVID cases in London - minister

•   Reuters: Macron says he is 'more sensitive' as he readies re-election bid

•   Reuters: EXCLUSIVE China audits Evergrande, chairman's assets, no fire sale for now -sources

•   Reuters: Blinken says U.S. to look at more Myanmar measures, plans ASEAN summit

•   Reuters: Apple shuts three stores in U.S., Canada after rise in COVID-19 cases

•   AP: US faces a double coronavirus surge as omicron advances

•   AP: Myanmar public urges gas sanctions to stop military funding

•   MarketWatch: What the Fed decision means for your wallet — and your credit card bill

•   SCMP: China population: without adequate pensions, more elderly say goodbye to their golden years

•   SCMP: 4 Covid-19 cases spark mass testing in south China city

•   SCMP: China insists it has no geopolitical motive in relations with Latin America

•   Nikkei Asia: Taiwan to restrict tech companies' sales of China assets

•   Nikkei Asia: Can TSMC give new spark to Japan's 'Silicon Island'?

•   Nikkei Asia: Japan exports will rise 5.5% due to RCEP membership: UNCTAD

•   Nikkei Asia: China's overtaking of U.S. economy delayed to 2033, report says

•   Nikkei Asia: Japan admits overstating GDP component data for years

•   Nikkei Asia: India fights for bigger piece of tech supply chain with $10bn in incentives

•   Nikkei Asia: Analysis: Xi plays with dynamite reviving Bo Xilai's housing policy

•   Economic Times: High frequency indicators look upbeat, say RBI officials on the state of India's economy

•   Economic Times: GDP to grow 8.2 pc in FY23, RBI to hike rates by 100bps: Bank of America

•   Economic Times: CMIE unemployment data shows huge fluctuations, govt numbers record usual trend: Minister

•   reNews: Vestas eyes service bonanza

•   OilPrice.com: Gazprom’s Export Growth Slows As Europe’s Energy Crisis Worsens

•   DIGITIMES: Smartphone brands optimistic about foldable phones in 2022

•   Robot Report: 10 most automated countries worldwide

•   Robot Report: Best of The Robot Report Podcast 2021

•   매경(P1): 이 와중에…자영업자 더 옥죄는 與 노동법

•   매경: 소상공인 돕겠다던 민주당…'수당 폭탄'으로 오히려 벼랑끝 내몰아

•   매경(P1): 영끌족 어쩌나…'최고 5%' 주담대 변동금리 또 치솟는다

•   매경: [단독] 대기업 32곳 중 7곳 재무건전성 '불안불안'…은행 관리 받는다

•   매경: 기재부vs산업부…수출보증 놓고 갈등

•   매경: "MSCI선진국지수 편입위해…원화 역외거래 전향적 검토"

•   매경: "이 건물 전기사용량이 지나치게 많네요"…AI·빅데이터로 에너지낭비 막는다

•   매경: [단독] 국민연금 수소에 꽂혔다…덕양 인수에 1천억 투입

•   매경: [View&Outlook] "정부 탄소중립 전략 비현실적…기업 목소리 들어야"

•   한경(P1): 삼성전자 일냈다…TSMC 허 찌른 '비장의 무기'

•   한경: 삼성전자 새 수장들의 첫 경영 키워드는…벽 허무는 '원삼성', 관행 깨는 '룰 브레이커'

•   한경: 올 글로벌 반도체 설비투자 1500억달러 돌파

※   IC Insights: Semi Capex on Pace for 34% Growth in 2021 to Record $152.0 Billion

•   한경: 15개 대표 암호화폐 시세 지수화…'KOVAX15' 내년 1월 나온다

•   한경: 고가아파트 6억 오를 때, 저가 738만원 그쳐

•   서경(P1): 윤석열, 이번엔 '좌클릭'···"타임오프제·노동이사제 찬성"

•   서경(P1): 서울 11월 아파트 매매 1,140건···금융위기 수준 '거래 실종'

•   서경: 20년차 중개사 하소연 "아파트 거래, 줄은 정도가 아니라 아예 없어요"

•   서경: '나랏빚' 뒤로 한 채···與, 결국 '100조 대책' 질렀다

•   서경: 당국 개입에...코픽스 역대 최대폭 상승

•   서경: "4인 이하 근로기준법 적용땐 자영업자 몰락"

•   조선: 현대重의 대우조선 인수, 물건너간다

•   조선비즈: 가전까지 덮친 물류·원자재 대란… 삼성·LG전자 실적에 먹구름

•   조선비즈: 러·우크라이나 분쟁에 LNG 위기론… “길어지면 전기요금 인상 요인”

•   조선비즈: ‘초거대 AI’ 기술 전쟁 본격화… 美·中 선두경쟁, 추격하는 韓

•   인베스트조선: 2022년 그룹 지주사들의 고민은 여전히 '주가’ 또 ‘주가’

•   인베스트조선: 판 커지는 LG vs SK 배터리戰…리더십 경쟁도 본격화

•   중앙(P1): [단독]식당·카페 4인 모임-9시 영업···미접종자는 '혼밥'만 된다

•   중앙: 정부 “병상 효율화 위해” 중환자 증상 있은 지 20일 지나면 격리해제

•   중앙: "엄마 투석 좀" 울며 전화 300통 돌린다…이게 韓 의료 현실

•   중앙: 자영업자들, 방역 강화 반발 “또 떠넘겨…22일 총궐기”

•   중앙: 삼성전자, 인텔 누르고 반도체 매출 왕좌 되찾았다

•   동아(P1): 靑, 이재명의 ‘다주택 양도세 중과유예’ 반대

•   동아: 홍남기 “현 정부 임기내 CPTPP 가입신청서 제출”

•   동아: “유명무실 전기료 ‘연료비 연동제’, 탄소중립에 역행”

•   동아: “윗분들 먼저 퇴근하고, 오후 6시 이후엔 직원에게 말도 걸지 말길”

•   국민: 하늘길·바닷길 덮친 오미크론… 화물운임, 다시 치솟는다

•   서울: 코앞에 온 로봇 ‘D2D’ 배달… 현행법 규제로 상용화 ‘발목’

•   세계(P1): 내년 공시가 역대급 인상… 보유세 부담 더 커진다

•   한겨레: 한은 “로봇 도입 늘면서 자동차산업 일자리 줄었다”

※   한국은행: The Impact of Robots on Labor Demand: Evidence from Job Vacancy Data for South Korea

•   한겨레: 신·재생에너지 집적화 단지 첫 지정…REC 지원

•   머니투데이(P1): 회장이 계열사 지분 사면 불법인가?...SK실트론에 쏠린 눈

•   머니투데이(P1): 대구·포항·천안 등 청약 줄미달 사태 "지방은 이미 식었다"

•   헤럴드경제: 국내 배터리업계 대규모 증설 ‘고심’

•   파이낸셜뉴스(P1): SH, 분양원가 전면 공개... 아파트 가격거품 꺼질까 [SH 분양원가 첫 공개]

•   파이낸셜뉴스: SK, D램 주도권 확보…세계 최초 24Gb DDR5 개발

•   아시아경제(P1): 정부, '反中 철강동맹' 참여 검토

•   디지털타임스: 신·재생에너지 집적화 단지 첫 지정…REC 지원

•   디지털타임스: "3분기 글로벌 점유율 20%" 삼성, 43개국서 `1위` 수성

•   이데일리(P1): [단독]삼성, 로봇사업 본격화…내년 4월 첫 상용화 로봇 출격

•   이데일리: 삼성까지 뛰어들었다… M&A시장서 핫한 `로봇`

•   이데일리: 김동연 측 "`국민감정법` 건드린 김건희…도덕성·공정의 문제"

•   연합: 오후 9시까지 전국서 6천564명 확진…16일 또 최다치 기록할 듯

•   연합: 美경제차관, 오늘 한미경제포럼 참석…경제부처와 줄줄이 회동

•   연합: 전경련 "한국 상품시장 규제 강도 OECD 국가중 6번째로 높아"

•   연합: [2021결산] 코스피 '상고하저'…가상화폐 '롤러코스터'

•   연합: [2021결산] 글로벌 공급망 위기에 중국발 요소수 사태까지…산업계 '흔들'

•   연합: [2021결산] 공급확대·다중규제에도…전국 아파트값 상승률 작년 2배

•   연합: [2021결산] 끝 안보이는 코로나19…일상회복도 다시 '유턴'

•   연합: [2021결산] '대화하자' 한미에 '대답없는' 북한…교착국면 고착

•   연합: [2021결산] 집권 5년차 코로나와의 사투…청와대도 방역 '올인'

•   연합: [2021결산] 연합뉴스 선정 10대 국제뉴스

•   연합: [2021결산] 연합뉴스 선정 10대 국내뉴스

•   뉴시스: [단독]'싼 전기요금' 딴죽 거는 美…한전에 철강관세 자료 또 요구

•   글로벌이코노믹: [단독] 두산중공업·삼성물산 등 투자한 뉴스케일파워 합병 발표

•   에너지경제: 文정부, 탈원전 외치면서 사용후핵연료 대책 마련엔 '뒷전'

•   에너지경제: 신규 석탄발전 ‘환경급전’ 시행에 직격탄

•   전자신문(P1): '네이버 케어' 띄우고 원격의료 시장 참전

•   전자신문: 국토부 "드론, 2025년까지 국내 시장 1조원 규모로"

※   국토부: 드론산업 경쟁력 강화 방안 발표 및 드론박람회 개최

•   ZDNet Korea: 아이폰14프로, 4800만 화소 카메라 탑재된다

•   로봇신문: 가파른 성장세 中 특수 로봇 시장, 2년내 3조원 돌파

[Opinions]

•   Project Syndicate(Jeffrey D. Sachs): Avoiding the Worst in Ukraine and Taiwan

•   Project Syndicate(Luigi Zingales): Burying the Laissez-Faire Zombie

•   FT(Editorial Board): Vaccine hesitancy is taking a toll in Europe’s east

•   FT(Megan Greene): The limits of US sanctions in dealing with Russia are becoming clear

•   FT(Robert Armstrong, Ethan Wu): Is the market too rich and too thin?

•   FT(Tom Mitchell): Insights from China on the art of restructurings

•   FT(Kathrin Hille): Lithuania shows China’s coercive trade tactics are hard to counter

•   FT(Helen Thomas): House price push by Bank of England is oddly timed

•   FT(Karen Ward): Bond markets still under threat despite Omicron uncertainty

•   FT(Anne-Sylvaine Chassany): French look on in envy at Germany’s grown-up politics

•   FT(Lex): Semiconductor M&A: As chipmakers consolidate, supply chain follows

•   WSJ(Editorial Board): The Price of the Fed’s Delay

•   WSJ(Editorial Board): Pfizer’s Latest Covid Breakthrough

•   WSJ(James Freeman): Omicron and On and On...

•   WSJ(Holman W. Jenkins, Jr.): Omicron Variant Meets Our Public-Policy Mess

•   WSJ(Michael C. Munger): A Biden Plan for Prices? No Thanks

•   WSJ(Burton G. Malkiel): The Treasury Has a Bond Bargain for You

•   NYT(Bret Stephens): Biden Should Not Run Again — and He Should Say He Won’t

•   WP(Editorial Board): Omicron could be milder — or a disaster. Don’t wait to find out.

•   WP(George F. Will): Build Back Better would make Biden’s annus horribilis even worse

•   WP(Daniel W. Drezner): Will Pfizer’s pill presage a return to normal?

•   Bloomberg(Editorial Board): Fed Meeting: The Federal Reserve Is Right to Keep Its Options Open

•   Bloomberg(Conor Sen): Housing Market Reheats for the New Year on Soaring Rents

•   Bloomberg(Tyler Cowen): Who Suffers More From High Inflation, the Poor or the Rich?

•   Bloomberg(Brian Chappatta): Fed Decision: Central Bank Turns Hawkish Now to Avoid Real Pain Later

•   Bloomberg(John Authers): Omicron Variant Chips Away At Worldwide Commercial Flights

•   Bloomberg(Marcus Ashworth): Corporate Credit Will Escape the Shadow of Government Debt in 2022

•   Bloomberg(Liam Denning): The Gas Weapon in a Russia-Ukraine Conflict

•   Bloomberg(Michael R. Strain): The Fed Can't Make People Return to Work

•   Bloomberg(Janice Kew): Will Omicron Oust Delta Is a Question Facing Virus Scientists

•   Bloomberg(Richard Cookson): China's Surging Currency Is a False Signal

•   MarketWatch(Jeffry Bartash): Fed finally steps up to fight high inflation after downplaying rising prices for months

•   Fox News(Carol Roth): Inflation is real. So why is the liberal media still lying about it?

•   Nikkei Asia(Michael Green, Kurt Tong): Japan and U.S. need to get serious about tech competition with China

•   조선(사설): 월성 1호 “왜 우리가 뒤집어쓰느냐”는 산업부 실무자들 하소연