Business Intelligence Monitor 220121

(Introduction)

[Markets]

•   Global: Wall Street rally fizzles as Fed tightening fears spook investors

※   Crude oil prices hit fresh seven-year highs, then slip

※   Dollar, gold edge higher; rally in bond yields pauses

※   China stocks gain after cut in benchmark mortgage rates

※   Risk of Russia-Ukraine flare up could weigh on markets -ING

•   Russia: Russia’s Ruble Resumes Slide After Biden’s Sanctions Warning

•   Metals: Nickel prices hit 2011 high on low inventories

•   Iron ore: Iron ore price highest in four months on China stimulus

•   Grains: U.S. soy rallies to highest since June; corn firm but wheat weak

•   한국: 중국 유동성 완화 속 코스피 하락세 멈춰…엿새만에 반등

[Indicators]

•   US Dec. Existing home sales: U.S. Existing-Home Sales Reached a 15-Year High of 6.1 Million Last Year

•   US Weekly Jobless claims: U.S. Jobless Claims Rose to 286,000 Last Week

•   Germany Dec. PPI: German producer prices register record 24.2% jump in December

•   China LPR: China Cuts Benchmark Rates to Bolster Flagging Economy

※   Move follows raft of economic data released by China that showed slowing growth in final months of 2021

•   Japan Dec. Balance of trade: Japan’s Trade Values Hit Record High Amid Rising Inflation

•   India Dec. Employment: India has 53 million unemployed people as of Dec 2021: CMIE

•   Indonesia Benchmark rate: Indonesia's Central Bank Keeps Key Rate Unchanged

•   Malaysia Benchmark rate: Malaysia Keeps Key Rate at Record-Low on Shaky Start to 2022

•   Turkey Benchmark rate: Turkey Pauses Interest Rate Cuts After Surge in Inflation

•   한국 2020년 공공부문 일자리: 공공부문 일자리 비중 10% 넘었다

•   한국 주간 아파트 가격(부동산원): 두달새 아파트값 3000만원 뚝…수원도 26개월만에 하락 전환

[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: Ukraine Fears Minor Attacks Are in Russia’s Game Plan

※   Foreign minister says President Biden’s ‘minor incursion’ comment plays down Moscow’s intentions, which Kyiv sees as destabilizing country, not invading

•   WSJ: U.S. Allows Baltic NATO Members to Send Arms to Ukraine

※   Decision will enable shipments of U.S.-made antitank and air-defense weapons to Ukrainian military

•   WSJ: Putin Loves to Roll the Dice. Ukraine Is His Biggest Gamble Yet.

•   WSJ: CIA Chief Made Secret Visit to Europe Ahead of Blinken’s Trip

•   WSJ: Ukraine Hacks Signal Broad Risks of Cyberwar Even as Limited Scope Confounds Experts

•   WSJ: Some U.S. Hospitals See Covid-19 Patient Counts Decline as Omicron Retreats

•   WSJ: Fed Launches Review of Possible Central Bank Digital Currency

※   Fed: Federal Reserve Board releases discussion paper that examines pros and cons of a potential U.S. central bank digital currency (CBDC)

•   WSJ: Senate Panel Approves Antitrust Bill Restricting Big Tech Platforms

•   WSJ: U.K. Leads Europe in Easing Omicron Restrictions

•   WSJ: China Evergrande’s International Bondholders Threaten Legal Action Against Developer

※   Property company allegedly withheld crucial information about its liabilities and failed to engage with offshore creditors, bondholders’ advisers say

•   WSJ: Lumber Rebound Awakens Timber Market From Long Slumber

•   WSJ: What the Metaverse Has to Do With Microsoft’s Deal for Activision Blizzard

•   WSJ: Microsoft Shows Meta Won’t Own the ‘Verse

•   WSJ: As Inflation Bites, Power Lies Higher Up the Food Chain

•   NYT: Biden Strengthens His Words on Ukraine After Flustering European Partners

※   After the president laid bare divisions over Russian meddling in Ukraine, his administration scrambled to get on the same page with European allies.

•   NYT: ‘Build Back Better’ Hit a Wall, but Climate Action Could Move Forward

•   NYT: Can Omicron Cause Long Covid?

•   NYT: France, with an election approaching, sets a timeline to lift pandemic restrictions.

•   NYT: As Tesla’s plant in Germany nears completion, a union raises concern.

•   NYT: Efforts to Rein In Big Tech May Be Running Out of Time

•   WP: Despite differences, Biden administration stresses transatlantic unity on Ukraine

•   WP: Workers are out sick in record numbers, exacerbating labor shortage woes

•   WP: Free rapid tests are about to roll out in the U.S. In other countries, they’re already part of daily life.

•   FT: Lagarde rejects calls for ECB to act faster on inflation

•   FT: Ukraine’s president rebukes Biden for suggestion of ‘minor’ Russian attack

•   FT: Paris and Brussels reassure US after Macron’s call for EU-Russia talks

•   FT: Macron’s Europe: More ‘sovereignty’, less federalism

•   FT: Emigration and low growth fuel Portugal’s demographic crisis

•   FT: EU says N Ireland trade talks with UK must conclude by end of February

•   FT: UK energy bills set to rise just as global gas prices fall

•   FT: Kazakhstan crisis challenges Beijing’s reticence to interfere abroad

•   FT: India fears Covid superspreader events as states prepare for elections

•   FT: Russia’s central bank proposes ban on crypto trading and mining

•   FT: Investors bet record €359bn on European property last year

•   FT: Permian Basin: high oil price breathes new life into US shale

•   FT: Is Exxon’s new net zero ambition a big deal?

•   FT: Facebook owner Meta dives into NFT digital collectibles craze

•   Bloomberg: China Hasn’t Kept Agricultural Trade Commitments, Vilsack Says

•   Bloomberg: Fed Officials Say Higher Immigration Could Ease U.S. Labor Shortage

•   Bloomberg: Middle-Class Americans Are Feeling the Pain of Inflation Everywhere

•   Bloomberg: U.S. Labor’s Watershed Year Failed to Boost Union Memberships

•   Bloomberg: LA Port Saw Record Cargo in 2021 Despite Trade Snarls

•   Bloomberg: Biden’s Team Says It’s on Alert for Omicron Disruptions in China

•   Bloomberg: What Is Inflation's Impact? Americans Paying More for Groceries, Gas, Homes

•   Bloomberg: The U.K. Is Two Months Away From a Brutal Cost-of-Living Crisis

•   Bloomberg: EU Faces Major Pushback Over Plan to Call Gas, Nuclear ‘Green’

•   Bloomberg: U.K.’s High Gas Prices to Hurt Consumers All Year, Industry Says

•   Bloomberg: U.K. Productivity Growth Lagged G-7 Peers After Brexit Vote

•   Bloomberg: EU to Unveil Chips Plan Early Next Month to Fund More Production

•   Bloomberg: China Vows to Curb Technology Firms’ Influence on Governments

•   Bloomberg: Chinese Tax Investigation Embroils State-Owned Oil Giant

•   Bloomberg: China Shows Signs of Loosening Yuan Grip as It Starts Easing

•   Bloomberg: China Widens Testing Blitz After Mail Suspected for Covid

•   Bloomberg: Hamster-to-Human Covid Theory Gains Traction in Hong Kong

•   Bloomberg: Economists See Increasing Signs Mexico’s Economy Is in Recession

•   Bloomberg: Junk Bond Deals Are Disappearing From Emerging Markets

•   Bloomberg: China Discloses Iranian Oil Imports as Nuclear Talks Drag On

•   Bloomberg: China Looks to Resell LNG as World Grapples With Gas Shortage

•   Bloomberg: Soy Seen Toppling King Corn as Inflation Upends U.S. Plantings

•   Bloomberg: The IEA Goes Hunting for 200 Million Missing Barrels of Oil

•   Bloomberg: Wind Giant Siemens Gamesa Cuts Profit Outlook as Inflation Bites

※   Supply chain disruptions have hit the wind turbine maker

•   Bloomberg: Chip Linchpin ASML Joins Carmakers Warning of Vicious Cycle

•   Bloomberg: Steelmaker CEO Warns North America Market a ‘Falling Knife’

•   Bloomberg: Global Inflation Ends Era of Ever-Cheaper Clean Energy

•   Bloomberg: IMF Outlines $50 Billion Climate and Resilience Lending Plan

•   Bloomberg: India Renewables Giant Teams With U.S. Firm on Battery Storage

•   Bloomberg: What Does a Gas Country Do Without Gas? The Dutch Can Answer

•   Bloomberg: China Installed Record Amount of Rooftop Solar in 2021

•   Reuters: Dozens of firms to make cheap version of Merck COVID pill for poorer nations

•   Reuters: U.S. trade chief Tai says world can't return to 2019 trading system

•   Reuters: ECB accounts unveil deep divisions on inflation outlook

※   ECB: Account of the December monetary policy meeting

•   Reuters: EU Parliament agrees on proposal to take on U.S. tech giants

•   Reuters: Exclusive: U.S. seeks way to speed delivery of new fighter jets to Taiwan

•   Reuters: China's demographic dividends to end soon, expert warns

•   Reuters: China's industry ministry expects tight chip supply for relatively long period

•   Reuters: Moscow's COVID-19 cases surge to pandemic high

•   Reuters: Moldova introduces state of emergency in energy sector

•   Reuters: OPEC's share of Indian oil imports falls to lowest in at least 15 yrs

•   Reuters: EXCLUSIVE China puts 4 mln barrels of Iranian oil into state reserves -source, Vortexa

•   Reuters: China's top steel producer Hebei sees output down 10% in 2021 amid government curbs

•   Reuters: Analysis: How Omicron highlights fading hope of herd immunity from COVID

•   Reuters: Analysis: Russian troop build-up sparks unintended NATO renewal

•   AP: EXPLAINER: What does it mean for COVID-19 to be endemic?

•   AP: EXPLAINER: What are US military options to help Ukraine?

•   AP: AP FACT CHECK: Biden puffs up claims of virus, job gains

•   CNBC: China’s factories face ‘rather large’ downward pressure in the first quarter, official says

•   Fox Business: Hunter Biden, former Biden aide invested in Chinese company tied to Communist Party, NBA China

•   Fox Business: Market expert warns government COVID response triggering 'cobra effect'

•   Fox Business: Two big issues hurting US manufacturing

•   SCMP: Exclusive | China-US relations: diplomats pave way for Yang Jiechi-Jake Sullivan rematch

•   SCMP: China-Australia relations: Beijing seeks WTO arbitration on Canberra’s anti-dumping tariffs

•   SCMP: Taiwan war risk highest in past 25 years as US tensions rise, mainland expert warns

•   SCMP: Evergrande, Kaisa and other indebted developers get a break as China’s rate cuts release funds to relieve their cash crunch and mounting debt

•   SCMP: China balks at Biden’s insistence on maintaining Trump-era tariffs, while think tank urges ‘recoupling’

•   SCMP: China population: demographic window of opportunity ‘will shut soon’ as births drop, ageing crisis deepens

•   SCMP: China says it warned off US warship in Paracel Islands. American navy differs

•   Caixin: Energy Insider: China Cracks Down on Oil Industry Misconduct

•   Caixin: Property Firms Face Major Debt Squeeze in First Quarter

•   Nikkei Asia: Japan's 2021 LNG imports slip as China takes top spot

•   Nikkei Asia: Toyota, Honda cut production in Japan amid omicron surge

•   Nikkei Asia: Yen's lost decades: Japanese buying power sinks to near 50-year low

•   Economic Times: India FY23 GDP growth seen 7.6%: India Ratings

•   MINING.com: Mining’s top 10 ESG trends for 2022

•   Equipment Journal: Kubota announces new compact excavators at World of Concrete 2022

•   Robotics Tomorrow: Robotics of Tomorrow: The Right Network for Warehouse Peak Efficiency

•   Robot Report: IFR weighs in on China’s five-year plan for robotics

※   IFR: China Aims for Global Leadership in Robotics with new 5-year Plan

•   매경(P1): "모호한 규정에…중대법, 국민정서법 될라"

•   매경: "중대재해법 처벌 면하려면…넘어야할 안전의무 허들 15개"

•   매경: "해외사업장 처벌 어떻게 되나" "아직 모른다"

•   매경(P1): 국민연금 대표소송 대못박기에 "국민 돈으로 기업 관치 나서나"

•   매경: 내 노후자금을 시민단체가 좌지우지?…국민연금 지침개정 논란

•   매경: 수책위 권한 이양 '깜깜이 상정'…기업측 기금운용 위원들은 몰랐다

•   매경: 재계 "대표소송 권한, 기금운용본부에 그대로 두라"

•   매경: 존 케리 "스페이스X처럼…기후혁신 기업에 정부가 판 깔아야"

•   매경: "올 최대 화두는 양극화 해소…하지만 분배 우선주의론 안돼"

•   매경: 홍남기 "올해 노사갈등 더 심할 수도…대응책 고심"

•   매경: 인텔, 차세대 장비 깜짝도입…파운드리 속도전

•   매경: 메모리 초격차 삼성전자, 전세계 반도체 1등 탈환

•   한경(P1): "국민연금 대표소송땐 헌법소원"

•   한경: "1호로 걸리면 끝장" 초긴장…공사 현장 '초유의 셧다운'

•   한경: 경영자 책임 입증 위해 "과학수사까지 동원" 겁주는 고용부

•   서경(P1): 서울 노후 100만채 '저탄소 건물'로 바꾼다

•   서경(P1): 포퓰리즘에 무뎌졌나···'청년 200만원 비현실적' 23→ 16%로

•   서경: 더 세진 결집력에 '묻지마 공약'도 지지···"최저임금 1만원 꼴 난다"

•   서경: [단독] '재건축 포기하고 리모델링'···서울 70개 단지 뭉쳤다

•   서경: "베트남이 공급망 대안" 정부 3년만에 ‘경제수장 회담’ 추진

•   조선(P1): 김정은, 3년9개월만에 ICBM·핵실험 협박

•   조선: ICBM 하나로 여러 도시 핵타격… 北, 다탄두 실험 가능성

•   조선(P1): 오미크론 비상대책… 황당한 말바꾸기

•   조선: 코로나 양성률, 11일만에 2.5배 급증

•   조선(P1): [NOW] 한국 자산세 부담, 4년만에 OECD 11위→2위

•   조선: [단독] LG엔솔 청약에 10조 넘는 대출 흘러들어 가

•   조선: 작년 증권거래세 13조5000억 역대최대

•   조선비즈: 中, 자동차용 반도체 공급부족 장기화 전망

•   조선비즈: 정부 “AZ 기본 접종자, 화이자 3차 접종 후 오미크론 방어력 최대 29배 ↑”

•   조선비즈: “반도체 더 높이 쌓아라”… 삼성·SK하이닉스, 176단 낸드 양산 초읽기

•   중앙: “탈원전이 경제성장 제약…차기 정부, 에너지정책 새로 짜야”

•   중앙: 최악 취업난에도 일자리 11만개 비었다…기이한 일자리 미스매치

•   동아(P1): ‘주식 먹튀’ 논란 카카오, 경영진 대폭 물갈이

•   동아: 한국, 車-가전 러 수출 막히고 원자재 수입 타격 우려

•   동아: ‘종부세 폭탄’ 다주택자-법인, 지방 아파트부터 내놔

•   문화(P1): GTX 공약 남발에… 진정되던 집값 다시 ‘들썩’

•   한국(P1): [단독] 오미크론에도 3월 등교정상화… 교육부 ’서울대 모델’ 검토

•   한국: [단독] 24시간 가동 삼성 반도체도 '워라밸'..."육아휴직 확대, 특별 보너스 지급도 검토"

•   한국: 가방끈 긴 대기업 직원일수록 재택근무 많아… 월급도 더 늘었다

•   국민(P1): OECD “韓 경기선행지수 5개월째 하락”… 성장률 위험 신호

•   머니투데이(P1): 국민 누구나 NFT 만드는 바우처 지급.."메타버스 세계 5위 발돋움"

•   머니투데이: "해외주식은요?"...'코인 5천만원 비과세' 공약에 서학개미 발끈

•   머니투데이: 올해 D램 세대교체 11.3%뿐...그래도 삼성은 웃는다

•   머니투데이: 한수원, 두산퓨얼셀과 손잡고 수소발전 역량 키운다

•   더벨: LG이어 삼성도 로봇대전 참전…관건은 '데이터 축적' 역량

•   아시아경제: 풍력발전 키운다는데 100명도 안되는 연구인력…제2 태양광 우려

•   아시아경제: 기준금리 오르자 기업들도 고정금리 갈아탔다

•   디지털타임스(P1): HDC현산 `퇴출 위기`… 최고 1년8개월 영업정지 가능성

•   디지털타임스(P1): 부동산정책 실패가 부른 세수오차… 양도세, 예상보다 2배나 더 걷혔다

•   이데일리: 국제유가 100달러 째깍째깍…韓경제에도 드리운 `S의 공포`

•   이데일리: "탄소중립, 소요 재정부터 파악해야…재정 지원 다각화 필요"

•   연합: '코로나 2년' 오후 6시까지 전국 4천499명 확진…어제와 동일

•   연합: 한-이집트, 전기차·해수담수화 등 미래산업 분야 협력 확대

•   연합: 미중 갈등 속 유엔 대북제재 불발…제 갈 길에 요원해진 협력

•   연합: 원안위 논의만 석달째…277억원 한수원 과징금 결론낼까

•   내일신문: '에너지 헌법'으로 불리는 '에너지기본계획' 실종

•   에너지경제: 한전-한수원, 탈원전 딛고 연초부터 해외 원전 수주 '드라이브'

•   에너지경제: 재생E 업계, 주민참여형 개편안에 ‘시큰둥’…"REC 인센티브론 역부족"

•   에너지경제: 딜레마에 빠진 ESS…탄소중립에 필수지만 사업성 따지면 ‘글쎄’

•   전자신문(P1): 팹리스 시제품 생산 '비상'...파운드리 마감됐는데 수요 몰려

•   전자신문(P1): [ET뷰]중국 '폴더블폰' 출시 러시

•   전자신문: [스페셜리포트]폴더블폰 경쟁 본게임...삼성 주도에 中제조사 도전

•   전자신문: [스페셜리포트]폴더블 시장 개화에 부품 업계도 주목

•   전자신문: [스페셜리포트]두번 접고 슬라이딩... '폴더블' 노트북·태블릿으로 확장

[Opinions]

•   Project Syndicate(Pinelopi Koujianou Goldberg): Who Is Winning the Trade War?

•   Project Syndicate(Anne O. Krueger): The Futility of Unconditional Debt Support

•   Project Syndicate(Willem H. Buiter, Anne C. Sibert): The Trouble with Argentina

•   Project Syndicate(Yanis Varoufakis): How the Euro Divided Europe

•   FT(Editorial Board): Draghi’s reformist premiership nears its end

•   FT(Editorial Board): Western unity is key to confronting the Kremlin

•   FT(Martin Sandbu): It’s still wrong to panic on US inflation

•   FT(Robert Armstrong): Eurovalue has a moment

•   FT(John Thornhill): The EV revolution needs an energy surge

•   FT(Shola Asante): Post-pandemic trade shows need to be smaller and targeted

•   FT(Eswar Prasad): China needs a new growth model, but that requires serious reform

•   FT(David Sheppard): Moscow has the EU over a barrel on energy

•   FT(Claire Jones): Biden’s picks would change the face of the Fed

•   WSJ(Editorial Board): How the West Is Losing Ukraine

•   WSJ(Editorial Board): No Course Correction for Joe Biden

•   WSJ(Editorial Board): Inflation Comes to the U.K. and Everywhere

•   WSJ(Daniel Henninger): Progressive to Uyghurs: Drop Dead

•   WSJ(Karl Rove): 2022 Midterms Are a No-Win for Democrats

•   WSJ(Tomas J. Philipson): An Economic Evaluation of Covid Lockdowns

•   WSJ(Nolan Peterson): Kyiv Waits for a Russian Invasion

•   WSJ(Phillip S. Coles): Hoarding Is a Bad Idea During Times of Supply-Chain Uncertainty

•   NYT(Matthew Yglesias): What the Fate of Joe Biden’s Presidency Hinges On

•   NYT(John Nkengasong): There Will Be Another Variant. Here’s What the World Can Do Now.

•   WP(Editorial Board): Biden’s misstep on Ukraine was telling the truth

•   WP(Michael Gerson): It’s time for Biden to execute a hard reset on his presidency

•   WP(Michael Vickers): Biden must show that the U.S. stands ready to support Ukraine, militarily if necessary

•   Bloomberg(Editorial Board): Biden’s Disappointing First Year

•   Bloomberg(Brian Chappatta): Just How Much Will Soaring U.S. Mortgage Rates Bite?

•   Bloomberg(Hal Brands): Inflation’s Biggest Risk Is Geopolitical Unrest

•   Bloomberg(Lionel Laurent, Marcus Ashworth): Central Banks Head for Moment of Truth on Crypto

•   CNN(Mark Wolfe): This bill could help to end energy poverty in the US

•   Fox News(Joni Ernst): Is Biden prepared to lead on Russia and Ukraine after a year of foreign policy disasters?

•   Fox News(Juan Williams): Five things to celebrate from Biden's first year

•   Fox News(John Barrasso): Biden's first year was a year marked by crises

•   Reuters(Andy Home): London Metal Exchange shows signs of COVID recovery

•   매경(조환익): 에너지 숙제도 다음 세대에 넘길 것인가