Business Intelligence Monitor 220222

(Introduction)

[Markets]

•   Global: World stocks hit 3-week lows, oil rises on Russia-Ukraine fears

※   Biden, Putin accept ‘principle’ of summit on Ukraine

※   Kremlin says no concrete plans in place

※   S&P futures down 0.66%, European stocks down 1.65%

※   Rouble slides nearly 3% vs dollar

※   Russian shares slumped 9% their lowest in 14 months

•   Natural gas: European Gas Swings as Russia Discusses Separatist Recognition

•   Metals: Healthy demand, shortages spur nickel's climb to decade highs

•   한국: 코스피, 미·러 정상회담 추진에 낙폭 만회…2,740대 약보합

•   한국: 차량용 반도체 공급난에, 자동차株 역주행

•   한국: 파랗게 질린 증시에 나홀로 최고가 달리는 PCB주

•   한국: `적자국채 3조원 더 는다니`…7년여 최고치 찍은 국고채 금리

[Indicators]

•   Eurozone Feb. PMI: Eurozone economic activity rises at fastest pace since September

•   UK Feb. House prices: UK property asking prices surge in February

•   UK Feb. PMI: UK business activity expands at fastest rate since June

•   China Jan. House prices: China Home Prices Barely Fall in Glimmer of Hope for Developers

•   China LPR: China PBOC Keeps Benchmark Lending Rates Unchanged

•   Japan Feb. PMI: Japan's Feb factory activity growth falls to 5-month low - flash PMI

•   Thailand Q4 GDP: Thai GDP Growth Beats Estimates, Inflation View Revised Up

•   한국 1월 법인파산: 연초부터 고개 드는 법인 파산…1월 기준 10년來 최다

•   한국 1월 거주자 외화예금: 원화값 1200원이 환차익 마지노선? 달러예금 두달 새 100억 달러 이탈

•   한국 2월 1~20일 수출: 2월 1∼20일 수출 13.1% 증가…일평균 기준 17.2%↑

※   한경: 고유가 수렁…하루 1억달러씩 무역적자

•   한국 2월 소비자동향: 2월 국내 소비심리, 코로나 확진자 폭증에 다시 악화

•   한국 3월 BSI 전망치(전경련): "3월 기업경기전망 석달 만에 '긍정적'…주요국 방역완화 영향"

[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: Biden Agrees to Putin Summit Provided Russia Pulls Back From Ukraine Attack

※   Flurry of calls from French President Emmanuel Macron sought diplomatic solution to crisis

•   WSJ: Putin Says Russia to Recognize Independence of Breakaway Regions in Ukraine

※   Move could derail diplomatic initiatives to end the standoff with the West over Ukraine’s future

•   WSJ: In Eastern Ukraine, Life Under Shelling by Russian-Backed Forces Becomes Untenable for Many

•   WSJ: Putin’s Endgame: Unravel the Post-Cold War Agreements That Humiliated Russia

•   WSJ: Fed Official Leaves Door Open to Larger Rate Increase in March

※   Governor Michelle Bowman calls for ‘prompt and decisive action to lower inflation’

•   WSJ: Inflation Creeps Into Asia—‘My Salary Is the Same, but Everything Is More Expensive’

•   WSJ: U.S. Nears Return to Iran Nuclear Deal

•   WSJ: Exodus From Bond Funds Is Mitigating the Stock Market’s Swoon

•   WSJ: Frackers Push Into Once-Dead Shale Patches as Oil Nears $100 a Barrel

•   WSJ: For White-Collar Workers, It’s Prime Time to Get a Big Raise

•   WSJ: Worried About Inflation and Supply Constraints? Try Being a Small Business.

•   WSJ: Tesla Planned to Open Its First European Gigafactory Last Summer. It’s Still Waiting.

•   WSJ: The U.S. Import Surge Is Skipping the Train

•   WSJ: The Science Behind Why Children Fare Better With Covid-19

•   NYT: Blitzkrieg or Minor Incursion? Putin’s Choice Could Determine World Reaction.

•   NYT: If War Flames in Ukraine, These 2 Odd Little Enclaves May Be the Spark

•   NYT: Why it matters that Russia just recognized Donetsk and Luhansk.

•   NYT: What’s at Stake for the Global Economy if Russia Invades Ukraine

•   NYT: How Europeans Are Responding to Exorbitant Gas and Power Bills

•   NYT: Why Ukraine Is Different

•   NYT: U.S. Troops in Poland Brace for Possible Ukrainian Evacuees

•   NYT: U.S. says Russia has a list of Ukrainians to kill or detain after an invasion.

•   NYT: Got a Covid Booster? You Probably Won’t Need Another for a Long Time

•   WP: Ukraine urges Europe to impose sanctions on Russia now to deter Kremlin moves

•   FT: Rich nations’ $60bn pledges to developing countries fall short of expectations

•   FT: Ukraine crisis tests Xi’s pivot to Putin

•   FT: It’s the geopolitics, stupid

•   FT: Why Putin has Donetsk and Luhansk in his sights

•   FT: Russia’s claims of Ukrainian border attacks questioned

•   FT: Russia crisis poses risks to Europe’s economic recovery

•   FT: European energy groups seek €4bn damages over fossil fuel projects

•   FT: Can the EU and Poland step back from the brink?

•   FT: UK and EU to project united front in N Ireland protocol talks

•   FT: UK rewrite of insurance rules to ‘free up billions for investment’

•   FT: Boris Johnson announces end of Covid legal restrictions in England

※   Rule changes come as ministers clash over cost of future coronavirus testing

•   FT: Boris Johnson outlines new strategy to ease Covid restrictions

•   FT: Kerry taken to task over lack of focus on climate loss and damage

•   FT: In charts: can Erdogan’s gamble keep the Turkish lira steady?

•   FT: The hydrogen market’s growing credibility

•   FT: China’s driverless dreams troubled by US chip dependency

•   FT: Virgin Hyperloop axes half its staff in focus on freight

•   Bloomberg: Kremlin Says ‘No Concrete Plans’ for Putin-Biden Summit

※   Spokesman says agreement reached only on ministerial talks

•   Bloomberg: Germany Tipped Into Second Recession by Virus, Bundesbank Says

•   Bloomberg: German Industry Pleads for Relief From Soaring Energy Costs

•   Bloomberg: Macron Government Makes Energy-Price Vow Before French Elections

•   Bloomberg: ECB Shift May Also End World’s Longest-Running Subzero Rates

•   Bloomberg: Europe’s Ports Rival U.S. for Congestion and Delays

•   Bloomberg: Xi Counts Some Diplomatic Wins After Polarizing Winter Olympics

•   Bloomberg: China’s Provinces Brace for Weak Revenues in Hit to Economy

•   Bloomberg: Inflation Comes to Haunt Money Managers as Hurdle Rate Climbs

•   Bloomberg: China’s Sizzling REIT Project Offers a Haven in a Choppy Market

•   Bloomberg: OPEC Delegates See Another Small Supply Boost Despite Pressure

•   Bloomberg: China Is Said to Plan State-Backed Platform to Buy Iron Ore

•   Bloomberg: China’s Demand for Metals Has Wavered as Inventories Pile-Up

•   Bloomberg: Tencent Quashes Talk of New Crackdown as Tech Wipeout Deepens

•   Bloomberg: China Tells Banks, State Firms to Report Exposure to Jack Ma’s Ant

•   Bloomberg: EU Watchdog Slams Investment Sector Failings, Including ESG

•   Bloomberg: China Signals Coal Reliance to Continue With Three New Mines

•   Bloomberg: Wind Power Is Back in Europe as Storms Spur Record Output

•   Reuters: Germany warns of "extremely dangerous situation" in Ukraine crisis

•   Reuters: Russia's 'playbook' for Ukraine has begun, UK PM's spokesman

•   Reuters: U.N. chief believes Russia has violated Ukraine's sovereignty

•   Reuters: EU sanctions package on Russia includes Nord Stream 2, Austria says

•   Reuters: Russian banks imported $5 billion in foreign cash in December -ACRA estimates

•   Reuters: EU, Germany expect Novavax deliveries to begin this week

•   Reuters: EU countries to ask top diplomat to increase climate action

•   Reuters: Iran's Raisi calls on U.S. to lift sanctions to revive nuclear deal

•   Reuters: Brazil central bank chief says inflation still climbing

•   Reuters: China's daily output of coal rebounds to over 12 mln tonnes

•   Reuters: OPEC+ compliance with oil output cuts near 130% in January, source says

•   Reuters: EU will consider making countries fill gas storage - energy chief

•   Reuters: LNG market supply-demand balance to remain tight in 2022, says Shell

•   Reuters: Siemens Energy top-10 investor urges management to buy Siemens Gamesa

•   Reuters: Analysis: Hong Kong's 'zero-COVID' success now worsens strains of Omicron spike

•   AP: Putin orders forces to ‘maintain peace’ in eastern Ukraine

※   The Kremlin’s announcement came just hours after Putin, in a rambling, fact-bending discourse on European history, recognized the independence of the eastern separatist regions

•   AP: EXPLAINER: The story behind Ukraine’s separatist regions

•   CNBC: Biden set to order sanctions on separatist regions of Ukraine after Putin decree, EU vows additional measures

※   White House press secretary Jen Psaki said Biden would sign an executive order that will “prohibit new investment, trade, and financing by U.S. persons to, from, or in the so-called Donetsk People’s Republic and Luhansk People’s Republic regions of Ukraine.”

※   White House: Statement by Press Secretary Jen Psaki on Russian Announcement on Eastern Ukraine

•   CNBC: For Russia, taking action on Ukraine now might be ‘less costly’ than waiting, says analyst

•   CNBC: Indonesia relies heavily on China’s Sinovac vaccine. A new wave of infections puts it to the test

•   CNBC: We should boost Europe’s energy independence by investing in renewables, CEO says

•   CNBC: Power giants to scope offshore wind projects in India’s untapped market

•   Fox Business: Inflation hits the Pentagon: Biden requests defense budget increase

•   SCMP: Is China’s lithium quest fuelled by business or politics, and how far will it go to secure ‘white gold’?

•   SCMP: China lithium deposit discovered near Mount Everest may be boon in push to secure critical resource

•   SCMP: Britain’s CPTPP progress holds few clues for outcome of Beijing, Taiwan bids, analysts say

•   SCMP: China calls out EU for ‘abuse’ of anti-dumping tariffs in dispute over steel fasteners

•   SCMP: China’s trade disputes with Australia, US and Japan push Beijing to alter course and plan accordingly

•   SCMP: Beijing to impose sanctions on US defence firms Lockheed and Raytheon over arms sales to Taiwan

•   SCMP: As Ukraine crisis worsens, Europe pushes back against China-Russia efforts to ‘redefine’ post-war order

•   SCMP: Coronavirus: Hong Kong confirms over 7,500 new cases, vaccine pass to launch in days as residents urged to stay home

•   SCMP: Covid-19 booster jabs given at lower dosage in trial – and it may help global supply

•   Global Times: China sees COVID-19 surges caused by multiple,'invisible' sources of infection

•   Nikkei Asia: With U.S. ports clogged, Japanese exports take pricier Mexico route

•   Nikkei Asia: Asian airlines ramp up overseas flights as borders reopen

•   Economic Times: Nomura business resumption index at record high in week-ended Feb 20

•   DIGITIMES: Global chipmakers find ways to improve competitiveness

•   DIGITIMES: IDMs migrating to 12-inch fabs for car-use MOSFET, IGBT chips

•   DIGITIMES: Wafer foundry capacity expansion plan in China, 2022

•   DIGITIMES: Apple iPhones gaining market shares in China

•   DIGITIMES: EV with Huawei's Harmony OS expected to arrive in March 2022

•   매경(P1): 16조9천억 추경, 여야 합의 통과…소상공인 332만명에 300만원씩

•   매경: '퍼주기 추경' 통과시켜 놓고…대선뒤 또 추경한다는 與野

•   매경: "이게 다 러시아 때문" 조선 배터리사 충격…철광석 41% 니켈 25% 급등

•   매경: 대기업 529만원, 中企 월급 2배

•   매경: 한화큐셀, 호주에 '가상발전소'…내달 주거용에너지솔루션 출시

•   매경: "戰雲 장기화 땐 코스피 2600대도 위험"

•   한경(P1): 이재명 "불공정 완화가 성공의 길"…윤석열 "노동개혁으로 저성장 탈피"

•   한경(P1): "부모님에게 3000만원 빌려 직원 월급 줬습니다"

•   한경: "월 1300만원 버는데 기름값만 600만원"…화물차주 '한숨'

•   한경: 유가·금리·환율 '신3高' 덮쳐…"1분기 목표 달성 물 건너 갔다"

•   한경: 윤석열 "탈원전 정책 백지화하겠다"

•   한경: "이재명 중대재해법 확대, 문닫으란 말"…"윤석열 최저임금 개편은 구체성 부족"

•   한경: "대세는 必환경"…탈탄소 속도내는 기업들

•   한경: 올해 반도체 시장 6000억 달러 돌파 전망

•   한경: "SK하이닉스 움직임 심상찮네"…전세계 반도체 업계가 놀랐다 [박신영의 일렉트로맨]

•   서경(P1): '퍼펙트스톰' 덮치는데…정치권은 돈 풀 궁리만

•   서경(P1): 두산, 테스나 인수…반도체 진출하나

•   서경: 구조조정 끝낸 두산, 신성장사업 반도체 낙점

•   서경: 17조 추경 통과한 날 韓 찾은 무디스…국가신용등급 '적색 경보'

•   서경: 영화업 45%·여행업 26%↓…'코로나 2년' 감원 타격 컸다

•   조선: 국내 대기업들 “워싱턴 라인을 잡아라”

•   조선: [단독] 새만금 수상태양광, 이번에는 ‘소금전쟁’

•   조선: 3월 주총 코앞인데… 얼어붙은 주가, CEO들 냉가슴

•   조선비즈: “3년 뒤 100조” 반도체 성장 둔화 속 車 반도체만 ‘고공 성장’

※   Omdia: Surging automotive semiconductor industry to grow at 12.3% CAGR through 2025

•   조선비즈: 세계 첫 QD-OLED TV, 삼성 앞서 소니가 6월 출시… 기존 OLED보다 100만원 비싸

•   인베스트조선: 누가 쥐든 어차피 못 휘두를 칼자루 '국민연금 대표소송'

•   중앙: 배달앱이 외식업 매출 15% 차지 “수수료 떼면 남는 게 없다”

•   동아(P1): 당국 “3월 중하순 하루확진 24만~27만서 정점”

※   질병관리청: 주간 위험도 평가 전국·수도권·비수도권 모두 높음(2.21.)

•   동아: 노바백스 백신 예약 시작… 접종은 내달 7일부터

•   동아: 공론장에 던져진 ‘주 4일제’… 임금-양극화 문제 어떻게 풀까

•   문화(P1): 법치 비웃는 택배노조… 12일째 CJ대한통운 본사 점거

•   문화: “文정부 역점 풍력발전, 외국기업 배만 불려줄 판”

•   문화: 스마트폰 닮아가는 자동차… “OS를 확보하라”

•   한국: 과자부터 소줏값까지 안 오르는 게 없다...물가 소비자 체감심리 3년 새 '최악'

•   국민(P1): 재택치료, 새 감염고리로… “가족 모두 감염돼야 끝난다”

•   세계: 관리 안 되는 ‘e나라지표’… 국세비중 등 국가지표 15개월째 방치

•   한겨레(P1): 성장만 외치는 대선…재벌개혁 사라졌다

•   한겨레: 경제개혁연대 “재벌 위한 ‘깜깜이’ 지주회사 과세이연 연장, 즉각 폐지해야”

•   경향: 삼성 TV·애플 아이폰·LG 냉장고, 앱 하나로 연결된다

•   머니투데이: [단독]이재명, '한국형 구글' 키운다...CVC 규제 완전 완화 검토

•   헤럴드경제(P1): 누가 되든 가계부채 총량규제 없앤다

•   헤럴드경제(P1): “월세도 못 내는데, 권리금은 사치”…전국 평균 권리금 첫 4000만원 붕괴

•   헤럴드경제: 서울마저…소형주택 ‘깡통전세 주의보’

•   파이낸셜뉴스(P1): SK에코플랜트 1조2000억 베팅, 글로벌 e폐기물 기업 ‘테스’ 인수

•   파이낸셜뉴스: 지난해 인구 이동 줄었지만 순유입 지역은 집값 올랐다

•   파이낸셜뉴스: 삼성디스플레이, 폴더블 소재 자회사 지분 확대

•   파이낸셜뉴스: 로보틱스 선점 나선 현대차… 국내외 대규모 인재 채용

•   파이낸셜뉴스: 3000만대 폴더블폰 시장… 혁신과 안정, 갈림길에 선 갤럭시

•   아시아경제(P1): 공급망 위기인데…또 광산 팔아 빚 갚는다

•   아시아경제: 5년간 해외광산 6곳 매각한 文정부…임기말 돌연 “재검토” 엇박자

•   아시아경제(P1): 이재명 "증권거래세 폐지" vs 윤석열 "양도소득세 폐지"

•   아시아경제: [전기차 패권전쟁] 치고나가는 中, 추격하는 美…노조리스크에 감전된 韓

•   아시아경제: "빠른 배송이 승자 가른다" 유통家, '1.6㎞ 전쟁'

•   아시아경제: 국민연금, 올들어 '실적·ESG' 개선株 담았다

•   디지털타임스(P1): [기획] 최태원의 또 다른 승부수 `글로벌AI`

•   디지털타임스: 대기업들 "AI·메타버스·NFT 투자 필수"

•   디지털타임스: 철강제품 가격 내달 도미노 인상… 제조업 직격탄

•   디지털타임스: 손경식 경총 회장, 세번째 연임 유력

•   이데일리(P1): 기업 절반 어닝쇼크…짙어지는 실적 ‘먹구름’

•   이데일리: 김종인 만난 김동연 "정치공약 지지…캠프 합류는 아냐"

•   이데일리: 자금조달 비용 8년만에 최고...카드론 금리 더 오른다

•   연합: 오후 9시까지 전국서 9만7935명 확진…어제보다 4675명↑

•   더구루: 플러그파워, 수소 기술력 업…설비·장비업체와 맞손

•   더구루: 두산중공업, 베트남 초대형 크레인 프로젝트 성료

•   에너지경제: 한무경 "‘원전 밀집도’ 높아 위험? 탈원전 세력 선동"

•   에너지경제: [인터뷰] 이학영 위원장 "李-尹 원전 공약 차이, 신한울 3·4호기 건설여부 뿐"

•   에너지경제: 원전 신에너지 인정 법안 추진…"입법 땐 재생E 확대 차질, 전기료 상승 억제"

•   에너지경제: "국내 원전산업, 유럽시장 진출 경쟁력 키우려면 전주기 협력 강화 필요"

•   전자신문: [스페셜리포트]노트북 전성시대, 연간 출하 400만대 성큼

•   전자신문: 현대차그룹 투자 英 UAP, 세계 최초 UAM 이착륙장 4월 첫 선

[Opinions]

•   Project Syndicate(이근): China's Two Traps

•   Project Syndicate(Erik Berglöf): The Trust-but-Verify Path to Net Zero

•   Project Syndicate(Yu Yongding): China's Real-Estate Balancing Act

•   FT(Editorial Board): Testing will be key to living with Covid

•   FT(Editorial Board): Governments should not foot the bill for stranded assets

•   FT(Jeffrey Sachs): The US should compromise on Nato to save Ukraine

•   FT(Rana Foroohar): It’s not just the economy, stupid

•   FT(Mohamed El-Erian): There is more to market volatility than Ukraine

•   FT(Primrose Riordan): Beijing grows frustrated at Hong Kong’s handling of pandemic

•   FT(Lex): China junk bonds/Zhenro: shock warning shakes ratings’ credibility

•   WSJ(Editorial Board): Cracks in Western Resolve on Russia

•   WSJ(Walter Russell Mead): Why Putin Is Outfoxing the West

•   WSJ(Gerard Baker): How the U.S. and Europe Lost the Post-Cold War

•   WSJ(Joshua Rauh, Kevin Warsh): The Inflation Mess and a Financial Refuge

•   NYT(Thomas L. Friedman): This Is Putin’s War. But America and NATO Aren’t Innocent Bystanders.

•   WP(David Ignatius): Putin warned the West 15 years ago. Now, in Ukraine, he’s poised to wage war.

•   WP(Jennifer Rubin): What does Putin want? The same thing Trump sought.

•   WP(Eugene Robinson): With Biden standing firm, Putin must wonder: Where’s Trump when I need him?

•   WP(Josh Rogin): The West is ‘united’ on Ukraine but failing anyway

•   WP(Vladimir Kara-Murza): It’s not just the West that opposes Putin’s war on Ukraine. A lot of Russians do, too.

•   Bloomberg(Shuli Ren): The Hidden Message Behind China’s Big Tech Wipeout

•   Bloomberg(Javier Blas): The Brent Oil Market Is Facing Its Libor Moment With $100 Barrels and Inflation

•   Bloomberg(Parmy Olson): Metaverse Harassment Doesn’t Bode Well for Zuckerberg's VR Dreams

•   Reuters(Andy Home): Electric vehicle battery demand surge supercharges nickel

•   Nikkei Asia(Stephen Givens): SoftBank abandons 'information revolution' with sale of Arm

•   조선(사설): 원전만 그대로였다면 온실가스 벌써 7% 줄일 수 있었다