Business Intelligence Monitor 220211

(Introduction)

[Markets]

•   Global: U.S. inflation data hits global stocks, lifts benchmark yields

•   US: Treasury Yields Hit 2% After Inflation Data

※   Yields on shorter-term Treasurys led gains

•   Europe: Corporate Bonds in Europe Tumble Most Since Pandemic Began

•   Europe: Wind Giant Vestas Slumps on Dividend Cut as Earnings Slide

•   Natural gas: European Natural Gas Slips With Weather, Supplies in Focus

•   Metals: Aluminium retreats from 13-year high after big inflows

•   Grains: Soy, corn end lower in volatile sell-off from multi-month highs

•   한국: 코스피 0.11% 상승 마감…미 소비자물가 발표 관망

[Indicators]

•   US Jan. CPI: U.S. Inflation Rate Accelerates to a 40-Year High of 7.5%

※   Strong consumer demand and pandemic-related supply constraints continued to push up prices in January

※   WSJ: Where Inflation Is Hitting Hardest: Prices of Groceries, Utilities, Rent Jump

※   WSJ: Rising Inflation Keeps Pressure on Fed to Frontload Rate Increases

•   US Jan. Fiscal account: U.S. Government Recorded $119 Billion Budget Surplus, Its First Since Before Pandemic

•   US Weekly Jobless claims: Jobless Claims Decline as Labor Market Moves Past Omicron Disruptions

•   China Jan. New Yuan loans: China’s Credit Growth Picks Up As Banks Extend Record Loans

•   Japan Jan. PPI: Japan wholesale prices jumped 8.6% in January amid high material costs

•   India Benchmark rate: India cenbank surprises by holding both rates steady

•   India Jan. Consumer sentiment: January consumer sentiment index reflects lesser improvement in expectations, CMIE data shows

•   Indonesia Benchmark rate: Indonesia Holds Rate to Support Growth Ahead of Fed Moves

•   Saudi Arabia Q4 GDP: Saudi Economic Growth Stays Near Decade-High as Oil Fans Rebound

•   한국 12월 경상수지: 작년 12월 경상흑자 60억달러…전년대비 반토막

•   한국 1월 가계대출: 가계대출, 8개월만에 줄었다…금리인상·부동산 하락 여파

•   한국 주간 아파트 가격(부동산원): '철옹성' 강남도 꺾였다… 집값 하락 시그널 [강남 집값도 하락]

[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: Russia’s Massive Military Drills on Ukraine Border Stir Invasion Fears

※   Western officials believe Moscow has sent up to 30,000 troops to Belarus in what they fear could be a key element of any invasion

•   WSJ: Russia, Ukraine Meet for Talks as Scope for Diplomatic Solution Narrows

※   Negotiations in Berlin seek to revive the Minsk-2 agreement, which could give Russia a say over Ukraine’s future

•   WSJ: From a Kindergarten to a Strip Club, Kyiv Readies as Invasion Threat Looms

•   WSJ: As Omicron Declines, U.S. Rethinks Mask Guidance and Covid-19 Measures

•   WSJ: Oil Stocks Slump as Global Demand Remains Robust, OPEC Says

※   Cartel raises its estimate for global oil demand growth in the third quarter of 2021

※   OPEC: MOMR February 2022

•   WSJ: U.S. Housing Affordability Worsens

•   WSJ: Higher Inflation Is Probably Costing You $276 a Month

•   WSJ: Fed Nominee Raskin Agrees to Expanded Ethics Pledge to Slow Revolving Door With Wall Street

•   WSJ: In Japan, Central Bank Still Wants Interest Rates Near Zero

•   WSJ: Narendra Modi’s Party Faces Test in Uttar Pradesh, India’s ‘California and Texas Rolled Into One’

•   WSJ: Why High Gasoline Prices Could Stick Around for a While

•   WSJ: Federal Reserve to Test Ability of Largest Banks to Weather Recession

•   WSJ: Tesla to Locate China Design Center in Beijing

•   WSJ: Contamination at Maker of Flash-Memory Chips Poses Risk to Global Supply Chain

•   WSJ: Dude, Where’s My Hydrogen-Powered Car?

•   NYT: The Biden administration outlines a plan to build a network of electric vehicle chargers.

•   NYT: How Billions in Infrastructure Funding Could Worsen Global Warming

•   NYT: European leaders say they seek peace, and warn Russia of retaliation for any aggression against Ukraine.

•   NYT: Car prices rose more slowly in January, but new disruptions loom.

•   WP: Biden’s approval rating continues to erode, including with vital parts of his base

•   WP: Biden to propose 4.6 percent pay raise for federal employees, the biggest hike in 20 years

•   WP: The benefits of vaccinating the world are clear. The catch is the price tag.

•   WP: ‘Self-Driving’ clips show Teslas on train tracks and fighting for control. Experts see deep flaws.

•   FT: Brussels curbs growth forecasts as inflation hits EU economy

※   High energy prices, Omicron and supply chain issues take toll

※   European Commission: Winter 2022 Economic Forecast: Growth expected to regain traction after winter slowdown

•   FT: ECB warns eurozone lenders over leveraged loan risk

•   FT: Germany’s shrinking conglomerates enjoy profits surge after streamlining

•   FT: Macron restarts France’s ‘nuclear adventure’ with plans for 6 reactors

•   FT: Poland’s rule of law dispute with EU likely to flare up again

•   FT: Johnson to face confidence vote if fined over ‘partygate’, say Tories

•   FT: UK’s reliance on gas imports to increase to 70% by 2030

•   FT: Biden’s options to tackle fuel prices dwindle

•   FT: Evergrande chair breaks silence to rule out asset fire sale

•   FT: Rate rises fail to stem Latin America inflation, Chile finance minister warns

•   FT: Ramaphosa prepares to lift South Africa’s Covid state of disaster

•   Bloomberg: Biden Gets Inflation Wake-Up Call as Odds Rise for GOP Takeover

•   Bloomberg: Fed’s Bullard Backs Supersized Hike, Seeks Full Point by July 1

•   Bloomberg: Brexit Talks Are Stuck With Little Hope of Progress Before May

•   Bloomberg: ECB’s Lane Defends ‘Hold-Steady’ Stance Amid Rate-Hike Talk

•   Bloomberg: French Economic Recovery Pushes Through Omicron, Supply Issues

•   Bloomberg: U.K. Builder Says House Prices Outpacing Cost-Inflation Surge

•   Bloomberg: Buoyant U.K. Housing Demand Threatened by BOE Hikes, RICS Says

•   Bloomberg: Trucker Protests Threaten Canada With Inflation, Negative Growth

•   Bloomberg: ‘Fragile Five’ Indebted Africa Nations Red-Flagged by Top Lender

•   Bloomberg: Omicron BA.2 Sub-Variant Close to 100% Dominant in S. Africa

•   Bloomberg: Tesla Recalls More Vehicles as US Agency Increases Scrutiny

•   Bloomberg: South Africa in Talks With Investors on Green Hydrogen Projects

•   Bloomberg: Germany Opens Farmland to Solar Power to Quadruple Capacity

•   Bloomberg: Big Green Brands Have a Dirty Supplier Problem, CDP Says

•   Reuters: IMF says wants G20 support to strengthen debt restructuring framework

•   Reuters: Novavax says COVID-19 shot 80% effective in adolescent study

•   Reuters: U.S. and China U.N. envoys trade barbs on Russia and Ukraine

•   Reuters: In Moscow, Macron found a different, tougher Putin

•   Reuters: Africa COVID cases could be seven times higher than reported

•   Reuters: United States to host APEC summit next year -White House

•   Reuters: As nuclear talks resume, Iran's oil exports increase

•   Reuters: New Chip Crisis Means Japan’s Auto Giants Aren’t in Clear Yet

•   Reuters: Explainer: How a German 'climate' fund set out to help Russia dodge U.S. sanctions

•   Reuters: Factbox: The key issues in India's upcoming state elections

•   Reuters: Analysis: For euro zone bond markets, the ECB 'put' is some way off

•   Reuters: Analysis: After oil, gas and coal, global fuel shortage spreads to diesel

•   Reuters: Analysis: Where now after 2% yield? Bond investors take stock

•   Reuters: Analysis: Hot inflation jump-starts case for 'big-bang' Fed rate hike in March

•   AP: EXPLAINER: What are the key parts of Ukraine’s peace deal?

•   CNN: Most US cities saw double-digit home price growth late last year

•   CNN: Most CEOs say rate hikes won't quickly solve inflation crisis

•   CNBC: Iran nuclear talks restart as critical time pressure and distrust builds

•   CNBC: Samsung held an event in the metaverse. And it didn’t quite go to plan

•   CNBC: Morgan Stanley picks Asia chip stocks that will be in ‘pole position’ when tech speeds up again

•   SCMP: Russia-Ukraine crisis: China urged to weigh economic costs of Moscow coalition as sanction threats mount

•   SCMP: China’s digital yuan not a backup amid a financial crisis, and there’s ‘no incentive’ to move money

•   SCMP: US-China trade war: Washington urged to cut tariffs despite deal shortfall, stop issuing threats

•   SCMP: India’s US$530 billion budget and China-beating 9.2 per cent growth target camouflage struggles with inflation, unemployment

•   Caixin: Energy Insider: Regulators Step Up Scrutiny of Iron Ore Prices

•   Caixin: In Depth: Why China’s Once Red-Hot Solar Sector Is Cooling

•   Caixin: Chinese Provinces Cut 2022 Fiscal Revenue Growth Targets

•   Nikkei Asia: Collapse of Nvidia deal costs SoftBank an Arm and a leg

•   Nikkei Asia: Aging infrastructure a major roadblock to Japan's future

•   Nikkei Asia: Top official for Japan economic security bill reassigned over allegations

•   Nikkei Asia: BOJ fights taper speculation with emergency bond purchases

•   Power Engineering: Largest US public power company launches new nuclear program

•   DIGITIMES: Notebook ODMs to see shipments drop in 1Q22

•   DIGITIMES: FPCB maker Flexium expects single-digit revenue growth in 2022

•   Robotics Tomorrow: Robotic Dog Can Carry Out Inspections Autonomously

•   매경(P1): 60세 정년 지나도 일한다…생산인구 급감에 고용연장 본격 논의

•   매경: 노조 "정년 65세로 늘려라" 요구에…취준생 "취업문 더 좁아질라"

•   매경(P1): [단독] 삼성전자 이어 현대차도 '특허료' 표적 됐다

•   매경(P1): [단독] 오락가락 중대법…고용부 "해외법인은 제외" 검찰 "적용 대상"

•   매경: 해외 건설현장도 중대재해법 긴장…반도건설 LA공사현장 가보니

•   매경: 윤종규 "ESG가 대세…삼성 등 지배구조 다양성 인정을"

•   매경: "노조 힘 너무 세져…선진국 어떤지 같이 가 봤으면"

•   매경: "복수의결권 조속 처리해달라"

•   매경: 韓증시, MSCI선진지수 편입땐 단기론 지수추종 자금 순유출

•   매경: "눈 부셔서 사고 날라"…국도 주변에 태양광 발전사업 밀어붙이는 정부

•   한경(P1): 오미크론 불감증…산업계 셧다운 비상

•   한경: 식품·시멘트·기계까지…원자재값 폭등에 적자기업 속출

•   한경: "정치권 선심성 정책·공약 남발, 일본식 장기침체 부를 수도"

•   한경: 힘세진 소액주주…기업들 배당 팍팍 늘린다

•   서경(P1): 중대법 시행에도…'안전 위협' 勞勞갈등엔 면죄부

•   서경: 현장 불법행위에 工期 지연…무리한 공사 → 사고 '악순환'

•   서경: 지자체 "우리동네 업체만 써라" 압박…대형사는 지방 기피

•   서경: 반복되는 대형 人災, 제도 개선만으론 못막는데…기성 노조는 기득권 매몰·현장 노동자는 '나몰라라'

•   서경: '복지천국'도 연금 수술했는데…韓 이대로면 누적적자 1.7경

•   조선: 전국 수소차 2만대… 올해말 정부 목표량의 30% 그쳐

•   조선: 배터리 소재 확보 시급한데… 정부, 해외 자원개발 사업 잇단 철수

•   조선: 기본급의 1000% 더… 역대급 성과급에도 아우성

•   조선: 햄버거·냉면값 올라… 대선 끝나면 소주·맥주도 들썩

•   조선: 중국이 30년동안 ‘세계의 공장’으로 버티는 까닭

•   조선비즈: [단독] 한화, 무인운반로봇 시장 진출… 총괄에 삼성전자 출신 영입

•   조선비즈: 3.5㎓ 구축만 몰두하는 통신 3사… ‘진짜 5G’ 28㎓ 방치

•   조선비즈: 두산중공업, 신주 청약 해야할까…“희석 우려” VS “줍줍 기회”

•   조선비즈: [통상임금 판결, 그 후]② 경영 위기까지 예측?… 신의칙 ‘고무줄 판단’ 논란

•   인베스트조선: 영향력 줄어든 삼성 2기 준법감시위…언제까지 존속 가능할까

•   중앙(P1): 확진자 종일 갈팡질팡…‘셀프치료’ 첫날 대혼란

•   중앙: [단독] 김동연 "삼성 방문하려는데, 靑 전화와 '가지 마세요'"

•   동아: 정부 “러-우크라 갈등 지속 고려해 가스물량 사전확보에 주력”

•   한국: 대기업부터 스타트업까지… '난공불락' 양자암호 개발 불꽃 경쟁

•   국민: 석유 대신 암모니아… 중동 찾는 기업들 [스토리텔링경제]

•   서울(P1): 文 “임기 내 종전선언, 지나친 욕심일 수도”

•   세계: 대한항공, ‘수소 항공기’ 인프라 구축 추진

•   머니투데이(P1): [단독]"바보같이 정부 믿은 내 잘못" 文정권 규제샌드박스 1호, 한국 떠난다

•   머니투데이: '샌드박스 3년'…승인받고도 사업 개시 못한 271개 과제, 이유는

•   머니투데이(P1): "치킨값 공개하라"는 정부…물가 잡으려 '외식가격 공표제' 추진

•   머니투데이(P1): [단독]현대차, 반도체난에 임원 美 급파...업계 "3분기 해결 불투명"

•   머니투데이: 자동차 반도체난 해소되나 했는데..."2024년에야 해소" 우려

•   머니투데이: "15조원 수주실패 근거 내놔라"…무보 노조가 기재부에 맞선 이유

•   더벨: '아무리 만들어도 모자라' SKC 동박 투자집중 이유

•   파이낸셜뉴스(P1): 노바백스 14일부터 맞는다… 교차접종은 제한 [코로나 확진 5만4122명]

•   파이낸셜뉴스: 화재위험 적고 효율은 높고… 바나듐이온 배터리 상반기 상용화

•   아시아경제(P1): '低연봉자'만 울린 대출규제의 덫

•   아시아경제: 'M&A=구조조정' 인식 갇힌 한국…규제개선도 제자리 걸음

•   디지털타임스: "반도체난 끝내자" 파운드리 12인치 승부수

•   이데일리(P1): 인턴이 의결권 자문?…커지는 주총 불안감

•   이데일리: 주총 표심 가르는데…열명 안되는 직원이 수백건 벼락치기

•   이데일리(P1): 빗나간 정부 예상치…“이달 말 확진자 30만명 이를 것”

•   이데일리(P1): "재정 중독, 포퓰리즘 정책 남발"…'장기 침체' 일본 꼴 난다

•   이데일리: 부실 부채, GDP의 40%…"주택경기 나빠지면 디레버리징" 경고한 전 금통위원

•   이데일리: 물가·금리 불안에…오늘 홍남기·이주열 대응책 머리 맞댄다

•   이데일리: 풍력 넘어 에너지종합기업…경쟁력은 '혁신' [신정은의 중국기업 탐방기]

•   이데일리: 대한상의, 최태원 회장 취임 1년 맞아 조직개편…소통 강화

•   연합: 오후 9시까지 4만9천721명 확진…내일도 5만명 넘을 듯

•   연합: TV 화면이 바뀐다…LCD 패널 출하량 올해 2%↓, OLED 25%↑

•   연합: 한경연 "공공일자리, 민간일자리보다 2배 이상 빠르게 증가"

•   뉴스핌: [단독] 김동연 "與 단일화? 생각 없다…이미 공보물도 제작"

•   뉴스토마토: (단독)"김동연, 대선 중도하차로 마음 기울었다"

•   e대한경제: 현대차 대내외 악재에 시험대 올라선 정의선

•   이뉴스투데이: [단독] 좌초된 文정부 탈원전 계획…사상 최대 거래량 깨졌다

•   더구루: 플러그파워, 연료전지 신공장 허가 순항

•   비즈니스포스트: 두산밥캣 주식 매수의견 유지, “미국 인프라법안 통과로 실적 향상 기대”

•   에너지경제: LNG 민간발전 전화위복?…에너지대란에도 수익구조 되레 개선 분위기

•   에너지경제: 주민참여형 해상풍력 발전 사업자, 수익 최대 12% 더 얻는다

•   전자신문: 달아오른 REC 시장, 현물시장에 사업자 호황

•   전자신문: 중국 가세...'4680 원통형 전지' 한·중·일 3파전

•   ZDNet Korea: "車 업계, 반도체 수요 잘못 예측해 작년 세계 생산량 1000만대 줄어"

•   물류신문: [기획]물류공약 없는 차기 정부, 물류산업은 어디로?

•   물류신문: Part 1. 유망산업이라는 ‘물류’, 아직도 찬밥?

•   물류신문: Part 2. 물류업계, 차기 정부에 바란다

[Opinions]

•   Project Syndicate(Barry Eichengreen): America's Not-So-Great Inflation

•   Project Syndicate(Nancy Qian): The West Must Accept Reality in Ukraine

•   Project Syndicate(Stephen S. Roach): China's Triangulation Gambit

•   FT(Gillian Tett): Beware the algorithms driving up oil prices

•   FT(David Stevenson): Energy grid tech is on the charge

•   WSJ(Editorial Board): The U.K. Can Hit Putin Where It Hurts

•   WSJ(Boris Johnson): The U.K. Stands With Its Central European Allies

•   WSJ(Joseph C. Sternberg): Europe’s Net-Zero Carbon Crackup Begins Ahead of Schedule

•   NYT(Sema K. Sgaier, Staci Sutermaster): The Rent Crisis Summed Up in One Chart

•   WP(Editorial Board): The world needs a way out of the crisis Russia has provoked. The Minsk agreement is not it.

•   WP(Josh Rogin): Biden doesn’t want to change China. He wants to beat it.

•   Bloomberg(Editorial Board): Despite Inflation Surge, the Fed Should Keep Steady

•   Bloomberg(Marcus Ashworth): The Bond Market's Job Is to Warn About Inflation But QE Got in the Way

•   Bloomberg(Robert Burgess): Surging Inflation Puts the Fed in an Impossible Situation

•   Bloomberg(Clive Crook): Inflation Continues to Surge. What Would MMT Followers Do?

•   MarketWatch(Peter Morici): The Fed should manage the yield curve to put out the inflationary fire

•   Reuters(John Kemp): Inflation shock threatens oil consumption and prices: Kemp

•   매경(사설): 탈원전 시민운동가에 원자력안전 맡긴 문 정부의 고집

•   파이낸셜뉴스(사설): 어민이 반대하는 해상풍력은 접는 게 옳다