Business Intelligence Monitor 220120

(Introduction)

[Markets]

•   Global: Stocks slide on inflation concerns as oil prices rise further

※   Investors brace for tighter monetary policy

※   Oil hits fresh 7-year high after Turkey pipeline outage

※   Nasdaq confirms a correction as Wall Street slides

※   Bond yields slip after big jump prior session

•   Germany: Germany’s 10-year Bund yield turns positive for first time since 2019

※   Expectations that central banks will tighten policy to tame inflation hit price of eurozone’s benchmark bond

※   WSJ: Bonds Sometimes Don’t Make Sense

•   Natural gas: European Gas Slumps as China Readies to Flood Market With LNG

•   Metals: Supply squeeze pushes nickel up 5% to 11-year high

•   Iron ore: Iron Ore Leads Industrial Metals Higher as China Pledges Support

•   Grains: US corn, wheat rally to highest since December

•   한국: 코스피 닷새째 하락…2,842.28 마감

[Indicators]

•   US Dec. Housing starts: U.S. Housing Starts Rise Unexpectedly on Multifamily Building

※   New home construction increases 1.4% to a nine-month high

•   US Weekly Mortgage applications: Homebuyers are rushing to get mortgages before higher rates price them out

•   UK Nov. House prices : UK house prices rise annual 10.0% in November - ONS

•   UK Dec. CPI·PPI: UK inflation jumps to highest level in 30 years

•   한국 12월 및 연간 PPI: 작년 생산자물가지수, 6.4%↑…10년만에 최고 상승률

[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: Blinken Seeks to Reassure Ukraine as Russia Moves Troops in Region

※   Moscow has deployed forces to its ally Belarus, adding to the troops already positioned along Ukraine’s borders

•   WSJ: Biden Hosts First 2022 News Conference as Agenda Stalls, Russia Tensions Mount

※   President, in wide-ranging news conference, says invading Ukraine would be ‘disaster’ for Russia

•   WSJ: Senate Democrats Brace for Defeat on Elections Bill, Filibuster Changes

•   WSJ: Covid-19, Endemic or Not, Will Still Make Us Poorer

•   WSJ: Foreign Investment Bounced Back Last Year but Did Little to Ease Supply Strains

※   UNCTAD: Global Investment Trend Monitor, No. 40

•   WSJ: How to Navigate Rising Food Prices as Inflation Surges

•   WSJ: Oil Demand to Exceed Pre-Covid Levels in 2022, IEA Says

※   IEA: Oil Market Report - December 2021

•   WSJ: Prior Covid-19 Infection Offered Better Protection Than Vaccination During Delta Wave

•   WSJ: Bitcoin Sags in 2022 Under Weight of Stock Selloff and Fed Policy

•   WSJ: Big Tech and Foes Spar Over Bill to Curb Market Power of Dominant Internet Platforms

•   NYT: The Biden administration will give away masks in the ‘largest deployment’ of such equipment in U.S. history.

•   NYT: ‘We Are Taiwanese’: China’s Growing Menace Hardens Island’s Identity

•   NYT: How 5G Clashed With an Aviation Device Invented in the 1920s

•   NYT: It’s Not Complicated. Microsoft Wants Activision for Its Games.

•   WP: Kazakhstan’s ‘father of the nation’ resurfaces, says he’s retired after Russian intervention in bloody unrest

•   FT: Businesses hail lifting of most coronavirus restrictions in England

※   Boris Johnson confirmed to the House of Commons on Wednesday that England’s Plan B measures

•   FT: EU struggles to define a trigger for Russia sanctions

•   FT: Macron floats EU security pact with Russia in split from US calls for ‘unity’

•   FT: European parliament seeks to restore influence with leadership reshuffle

•   FT: Bundesbank warns German lenders of complacency as house prices soar

•   FT: Boris Johnson told to resign by Tory former cabinet minister

•   FT: Rebel Conservatives fail to deliver knockout blow against PM

•   FT: Johnson buys time as Tories rally behind embattled leader

•   FT: Houthi attack tests UAE effort to ease tensions with Iran

•   FT: Iran’s president visits Moscow in effort to boost relations

•   FT: BHP flags disruption risk for iron ore business

•   FT: Tencent pursues quieter investment strategy amid China’s Big Tech crackdown

•   FT: Bill Gates warns of pandemics potentially far worse than Covid

•   FT: China’s high-tech rise sharpens rivalry with the US

•   FT: Profound risks lurk despite strength of economic rebound

•   FT: Big Tech braces for a year of regulatory pressure

•   FT: Hawks and doves play chicken on central bank decisions

•   FT: Davos cancellation highlights Covid’s power to divide

•   Bloomberg: Early Omicron Breakthroughs Show MRNA Vaccines’ Weakness

•   Bloomberg: U.S.’s Port of Long Beach Moves Record Cargo Despite Logjams

•   Bloomberg: Biden Says Price Control Is Fed’s Job, Backs Shift in Policy

•   Bloomberg: The Highs and Lows After Biden’s One Year in the White House

•   Bloomberg: Gain in U.S. Median Wage at End of 2021 Was Well Below Inflation

•   Bloomberg: Yellen ‘Confident’ Omicron Won’t Derail Economic Recovery

•   Bloomberg: German Daily Covid-19 Infections Top 100,000 for First Time

※   Health Minister Lauterbach warns peak has not yet been reached

•   Bloomberg: Europe Is Looking Beyond Omicron Despite Wall of Infections

•   Bloomberg: BOE Boss Signals Surging U.K. Inflation Has Further to Go

•   Bloomberg: France Should Revisit Plan to Shut Nuclear Units, Says Regulator

•   Bloomberg: France Ready to Help EDF as Utility Reels From Price-Cap Plan

•   Bloomberg: China Property Bond Crash Morphs Into Epic Rally on Easing Bets

•   Bloomberg: China Considers Major Step to Ease Developer Cash Crunch

•   Bloomberg: Chinese Borrowing Costs Set to Drop Again as PBOC Signals Easing

•   Bloomberg: Beijing Covid Flareup Worsens with New Clusters at Cold Storage

•   Bloomberg: Ex-PBOC Official Says China Has Small Window for Easing

•   Bloomberg: India’s State Power Giant Looks to Coal Imports to Avoid Crunch

•   Bloomberg: Eskom to Burn More Coal as South Africa State Power Program Lags

•   Bloomberg: Junk Debt Is Poised for Worst Month Since the Early Days of the Pandemic

•   Bloomberg: Markets Tremble at Fed’s Unprecedented Double-Edged Tightening

•   Bloomberg: ECB Faces Stand-Off With Markets Over Rate-Hike Expectations

•   Bloomberg: OPEC+ Alone Cannot Solve World’s Oil-Supply Issues, UAE Says

•   Bloomberg: ByteDance Cuts Investment Arm as Deal Curbs Chill China Tech

•   Bloomberg: 5G Rollout Disrupts Flights Into U.S. From Across the World

•   Bloomberg: Net Zero Insurance Companies’ Coal Exit Plans Impeded by Antitrust Laws

•   Bloomberg: Two Charts That Show China Is as Reliant as Ever on Fossil Fuels

•   Reuters: White House tells chip industry to be ready for potential Russia export curbs

※   including potentially blocking the country's access to global electronic supplies.

•   Reuters: WHO says no evidence healthy children, adolescents need COVID-19 boosters

•   Reuters: Mild COVID cases still lead to attention and memory issues - study

•   Reuters: U.S. allocates $14 bln to expand ports, shore up waterways

※   White House: FACT SHEET: Biden-⁠Harris Administration Announces Historic Investment to America’s Port and Waterway Infrastructure

•   Reuters: U.S. to set 'common goals' on Indo-Pacific economic cooperation in early 2022

•   Reuters: EU beats 2020 renewable energy goal, France lags behind - Eurostat

•   Reuters: Indonesia government drafting plan to limit palm oil exports - GAPKI

•   Reuters: India's new COVID-19 cases hit eight-month high, full impact weeks away

※   India reported 282,970 new infections over the last 24 hours

•   Reuters: Omicron poses limited downside to Indian economy, say economists

•   Reuters: Brazil reports record daily COVID-19 infections as Omicron spreads

•   Reuters: BOJ warns of vigilance to inflation overshoot risk as material costs rise

•   Reuters: GM targets hydrogen-powered generators in expansion of fuel cell business

※   supplying hydrogen-powered generators for uses including at construction sites, music festivals, data centers and the military.

•   Reuters: Chip supplier ASML forecasts strong 2022 despite fire hit

•   Reuters: Analysis: As inflation breaks records, $100 oil is also looming

•   Reuters: Analysis: Dollar churns as investors bet on growth outside U.S.

•   Reuters: Analysis: Biden must tighten focus on economy, pandemic before midterms, Democrats say

•   AP: EXPLAINER: Are Turkey’s efforts to fix the economy working?

•   CNBC: Fauci says FDA could authorize Pfizer’s Covid vaccine for kids under 5 in the next month

※   Two shots did not induce an adequate immune response in children 2- to 4-years-old in Pfizer’s clinical trials.

•   CNBC: The world is hungry for lithium. Geothermal energy could transform how it’s sourced

•   MarketWatch: Omicron, high inflation, worried consumers: Just how bad is it for the economy?

•   SCMP: China plans expansion of high-speed rail network equal to combined length of Spain, Japan, France, Germany and Finland by 2025

•   SCMP: China GDP: headwinds from coronavirus, property market slump see provinces lower economic growth targets for 2022

•   SCMP: China’s 150 million online shoppers, overseas suppliers fear coronavirus mail contamination threat

•   SCMP: US’ Xinjiang law puts Chinese businesses in crosshairs, forcing them to take sides in political maelstrom

•   Nikkei Asia: Tokyo and 12 areas to be put under COVID quasi-emergency from Jan. 21

•   Nikkei Asia: Samsung overtook Intel as top chip seller in 2021

•   Nikkei Asia: Analysis: From leader to students, overconfidence clouds China

•   Economic Times: Economic recovery to become broad-based in Q3; yet to attain durability: Report

•   DIGITIMES: TSMC bold capex challenging Samsung foundry biz

•   DIGITIMES: IC sales to post another double-digit hike in 2022

•   Hannover Messe News: HANNOVER MESSE 2022 rescheduled for beginning of June

※   Due to the current situation surrounding Covid, Deutsche Messe AG will stage the world’s leading trade show for industrial technology from 30 May to 2 June

•   Robotics & Automation News: Samsung caught planning robot invasion of America

•   매경(P1): LG엔솔 114兆 몰려…440만명 공모 청약

•   매경(P1): 세입자 날벼락…가계대출 조인다며 전세까지 포함시킨다

•   매경: 고승범 "가계부채 저승사자 역할에 충실"

•   매경: 사모펀드가 다했다…작년 국내 인수합병 85% 싹쓸이

•   매경: [단독] 코로나 검사 급하다면서…1시간 걸리는 PCR 외면하는 정부

•   매경: "제로코로나 미련 못버리는 中때문에…공급망 위기 계속될 것"

•   매경: [단독] ESS 최대 걸림돌, '火' 잡는 국산 기술 나온다

•   매경: "소득은 안보고 집값만 따지는 보유세"

•   매경: 최태원, 임원반대에도 결단…하이닉스 12조 벌어들이는 회사로 대변신

•   매경: D램·낸드가 매출 90% 차지…사업다각화 숙제

•   매경: 애플, 스마트폰 1위 탈환…삼성은 2%P 차이 2위

•   매경: BBB급까지 흥행…회사채 시장 훈풍

•   매경: 아파트 인서울 '바늘구멍'…지방 원정매수 5년새 최저

•   매경: 알맹이 없는 '지방 살리기' 대선 공약…SOC정책만 재탕·삼탕

•   매경: 15년 된 전국 혁신도시…지금도 주말만 되면 '텅 빈 도시'

•   매경: [View&Outlook] 규제풀어 대기업 먼저 뛰게해야 탄소중립·디지털전환 목표 달성

•   한경: 메타버스 경쟁의 핵심은 커뮤니티…게임, 빅테크 새 격전지로

•   한경: "위험은 크고 남는 게 없다"…'해외 노다지'가 어쩌다 이지경

•   한경: 공정위 강공…韓~中·韓~日 해운 노선도 제재

•   한경: 美·日 늘리는 전기차 보조금, 韓은 줄인다

•   한경: "집주인한테 100만원씩 월세 내는 게 낫다"…이례적 현상

•   한경: 정재훈 맥킨지 파트너 "탄소중립 나선 기업, 주가 2~5배 높아"

•   한경: 차세대 AI 반도체, 주력산업으로 키운다

•   한경: '물적분할 경계론' 증권가 확산

•   한경: 서울 9억 초과 거래 3배 늘고 3억~6억 비중은 '역대 최저'

•   서경(P1): [코로나가 할퀴고 간 2년] 폐업 점포 60만개···"남은건 빚더미뿐"

•   서경(P1): [단독] 사전청약도 '난수표'에 당첨자 11% 부적격···국민만 '피해'

•   서경: 대출 '경우의 수'만 144가지···"고차방정식 헤매다 전세만 전전"

•   서경: 자영업 대출만 887조···'코로나 상환유예' 3월로 끝나나

•   서경: ""코로나 종식 불가능···독감처럼 관리 '공존의 방역체계' 구축을"

•   서경: 차이나 리스크에 기업 '비상등'···반도체·車·철강 수출 '직격탄' [기업 덮친 글로벌 3대 악재]

•   서경: 배터리 10%·TV 20% 가격인상 '도미노' [기업 덮친 글로벌 3대 악재]

•   서경: [단독]경제5단체, 20일 정부와 간담회...수탁위 주주대표소송 부당성 제기

•   서경: 포스코·삼성물산, 사우디서 그린수소 생산

•   서경: 작년 4분기 수도권 물류센터 거래액 2.5조 ‘사상 최대’

•   조선(P1): 노조인가 조폭인가

•   조선: 업계 “공사지연 90%가 노조 갑질때문… 文정부 들어 횡포 더 심해져”

•   조선: 백신 이상반응으로 6주내 입원 치료 받았으면 ‘방역패스’ 빼준다

•   조선: 오미크론과 전쟁, 부스터샷 안맞은 1174만명이 변수

•   조선: 한국, 공장 문 2개나 닫을 때 일본, 전기차 공장 2개 연다

•   조선: [단독] ’K택소노미 기획’ 탈원전 업체, 文정부 들어 연구용역비 51억 타내... 보고서 베껴 돌려막기도

•   조선: 5대은행 예·적금 금리 올렸다

•   조선비즈: 유가 100달러·환율 1200원 시대 열리나…韓 경제, ‘저성장·고물가’ 시름 깊어진다

•   조선비즈: 출렁이는 부동산 통계에 ‘시계제로’ ... “거래 실종에 지난 주는 급등, 이번 주는 급락”

•   조선비즈: 車만 친환경? 차 만드는 공장도 탄소 배출 ‘0′ 도전

•   IT조선: [단독] 두산로보틱스 해외 법인, 북미 상반기·유럽 하반기 가닥

•   중앙: '성과급' 우리는 왜 안 주나요…누군 돈잔치, 누군 화딱지

•   동아(P1): 신규확진 내주 1만명 넘을듯… ‘오미크론 비상’

•   동아: “오미크론 내일쯤 우세종… 다음주엔 확진자 하루 2배로 늘듯”

•   동아: 韓, 사우디 등 걸프협력회와 FTA협상 재개

•   동아: 추경 증액 경쟁… 與 “25~30조” 野 “35조”

•   문화(P1): ‘워라밸’ 보다 ‘워라블’… 일과 삶, 잘 섞여야 행복

•   한국: "석탄발전소 반대" 대기업 조형물에 녹색칠... 기후시위 국내 첫 처벌

•   한국: "내 눈으로 보고 사겠다" 아파트 붕괴사고에 '후분양제' 여론 급물살

•   국민(P1): “대선 공약, 집값 자극 우려” 홍남기의 견제구

•   한겨레: 올해 들어 한은 기준금리 ‘눈높이’ 변했나

•   머니투데이(P1): 'GTX 대선공약'에 매물 거두고 '들썩들썩'…"상투 잡는다" 경고도

•   머니투데이: 한전, 사우디 에너지기업과 탄소중립 협력...원전 수주전도 총력

•   파이낸셜뉴스(P1): 중대재해법에 건설안전법까지…건설사 초비상

•   파이낸셜뉴스: ‘원전 팀코리아’ UAE 이어 사우디 수주 총력… 체코·폴란드 입찰도 도전

•   파이낸셜뉴스: "탄소제로 위해선 원자력 필수"… 美·日·佛 ‘원전의 부활’ [원전에 다시 눈돌리는 선진국]

•   파이낸셜뉴스: 그린수소 생태계 조성에 19조… 전남도, 수소산업 메카로

•   아시아경제: '전성시대' 맞은 폴더블 디스플레이, 올해 2000만장 간다

•   디지털타임스: 한은 "韓 탄소생산성, 美 88%"

※   한국은행: 기후변화가 생산성에 미치는 영향

•   디지털타임스: 中전기차 시장 장악 `LFP배터리`… 찻잔 속 태풍?

•   이데일리: "어디 벤처투자 전문가 없나요?"…대기업 CVC 설립 '인력난'

•   이데일리: 최소 9배…ESS 시장 급성장 예고에 기업들 해외 공략 가속화

•   이데일리: [팬데믹2년]방역당국이 오미크론에 긴장하는 이유…"전파력 2~3배"

•   이데일리: [팬데믹2년]바이러스보다 위험한 코로나블루…5명중 1명 우울위험군

•   이데일리: [팬데믹2년]본격화한 비대면 세상…디지털 전환이 기업 성패 갈랐다

•   이데일리: [팬데믹2년]1457→3305→2840선…천당·지옥 오간 동학개미

•   이데일리: 유류세 인하에도 끝모를 유가상승…올해 휘발유값 더 올랐다

•   연합: 오후 9시까지 전국서 5천249명 확진…내일 6천명 넘어설 가능성

•   연합: "韓, 고조되는 미중갈등 속 안정적 GVC 동참으로 실익 확보해야"

•   e대한경제: 올해 세계 반도체 매출 700兆 눈앞…삼성, 반도체 왕좌 '파운드리'에 달려

•   더구루: 현대차 美 앨라배마공장 '셧다운'…'반도체 수급난 재현'

•   더구루: '한수원 참여' 이집트 '엘다바 원전' 7월 착공…2028년 준공 목표

•   AP신문: [단독] 현대차, 양자컴퓨터 활용한 차세대 배터리 개발 나섰다

•   에너지경제: 지자체, 재생E 이격거리 규제 없애면 REC 가중치 최대 30% 더 받는다

•   에너지경제: "文정부 탈원전, 전기료 인상 예고편…차기 정부서 청구로 돌아온다"

•   에너지데일리: “2030년 까지 산업 상용급 CO₂포집 기술 개발된다”

•   전자신문(P1): 세계 1위 中 CATL '휘청'...고객 이탈 '러시'

•   전자신문: '브리지 연료' LNG 발전, 줄줄이 준공 지연…온실가스 증가 우려

※   지자체-주민 반대...부지 미확보

•   물류신문: 최악의 공급망 대란 속 물류 상관관계

•   물류신문: Part 1. '악재만 가득' 최악의 공급망 대란 이어져

•   물류신문: Part 2. 장기화 예상되는 공급망 대란 모두가 대응방안 마련 ‘분주’

•   물류신문: Part 3. “공급망 붕괴 대비한 국가 전략 및 핫라인 구축 필요”

[Opinions]

•   Project Syndicate(John H. Cochrane): Why Isn't the Fed Doing its Job?

•   Project Syndicate(Jürgen Stark, Thomas Mayer, Gunther Schnabl): The ECB's Existential Dilemma

•   Project Syndicate(Masatsugu Asakawa, Sri Mulyani Indrawati, Carlos Dominguez): Asia's Emissions-Reduction Plan for the World

•   Project Syndicate(Robert Skidelsky): Quieting the Eastern Front

•   FT(Editorial Board): Growth is Latin America’s big challenge

•   FT(Edward Luce): Biden’s year of living dangerously

•   FT(Robert Armstrong): What happens when the Fed balance sheet shrinks?

•   FT(Ivo Daalder): Vladimir Putin’s deepest fear is the freedom of Russia’s neighbours

•   FT(Howard Marks): Why do so many investors sell out too early?

•   FT(Alan Beattie): When it comes to protectionism, the restricted EU is better off than the US

•   FT(Kristin Forbes): Central banks must reduce their balance sheets more aggressively

•   FT(Dieter Helm): We are all complicit in climate change — so we should all pay to fix it

•   WSJ(James Freeman): More Businesses Biden Can Blame for Inflation

•   WSJ(Bernard-Henri Lévy): Putin Is Waging War on Europe

•   WSJ(Ilan Berman): Inflation Gives Biden an Incentive for a Bad Iran Deal

•   WSJ(Kenneth L. Khachigian): Biden Is Flailing, Literally and Figuratively

•   NYT(Thomas L. Friedman): Putin to Ukraine: ‘Marry Me or I’ll Kill You’

•   NYT(Bret Stephens): Biden Can Still Rescue His Presidency

•   NYT(William Hanage): After Omicron, This Pandemic Will Be Different

•   WP(Max Boot): The rush to label Biden a failed president is wildly premature

•   WP(Abigail Susik): Can the pandemic labor shortage help us envision a world without work?

•   Bloomberg(Daniel Moss): The Magical Land of Low Inflation and No Rate Hikes

•   Bloomberg(Tyler Cowen): What Will Putin Do Next? Time for Some Game Theory

•   Bloomberg(Clive Crook): Build Back Better Would Make It Harder to Fight Inflation

•   Bloomberg(Andreas Kluth): Germany's Approach to Russia and Ukraine Could Confound Its NATO Allies

•   Bloomberg(Therese Raphael, Sam Fazeli): Why China Is Trapped Playing Omicron Whack-a-Mole

•   Bloomberg(Matthew Brooker): This Potemkin Property Tax Isn't Going Anywhere

•   Bloomberg(Mark Gilbert): Bond Market Plot Twist Puts Europe's Recovery at Risk

•   Bloomberg(Alexis Leondis): Rising Mortgage Rates Are No Reason to Panic Buy

•   MarketWatch(John Sterman): 'Net zero' pledges can amount to greenwashing. This is the better way to reduce deadly carbon emissions

•   Reuters(John Kemp): Escalating oil prices will become politically sensitive

•   Reuters(Andy Home): Nickel gripped by ferocious squeeze as stocks disappear

•   한경(사설): 또 "韓 원전 안전성 세계 최고"라는 文, 그럼 탈원전 왜 했나

•   국민(전비호): EU의 원자력정책 대전환과 한국의 전략