Business Intelligence Monitor 220304

(Introduction)

[Markets]

•   Global: Stocks slide as oil surge kindles inflation fears

※   Oil almost hits $120 a barrel, falls on possible Iran deal

※   Metals prices surge as Russia supply woes deepen

※   Stocks fall after Wednesday’s rally on Powell comments

※   Euro weakens toward 21-month low, dollar rallies

•   China: Yuan’s Record Surge Against Ruble Is a Shadow Sanction for Trade

•   Russia: Russian rouble hits new lows in volatile trading

•   Commodities: Gas and aluminium hit fresh records; oil, wheat soar on supply turmoil

•   Iron ore: Iron ore price hits 6 months high on hopes of eased covid-19 restrictions in China

•   한국: 미국 금리인상 불확실성 완화에 코스피 1.6% 상승 마감

[Indicators]

•   US Jan. Factory orders: U.S. factory orders growth beats expectations in January

•   US Feb. Services PMI(ISM): U.S. Services Gauge Falls to One-Year Low as Orders Soften

•   US Weekly Jobless claims: U.S. Jobless Claims Fell to 215,000, Remaining Near Historic Lows

•   Eurozone Jan. Employment·PPI: Euro zone unemployment at record lows, producer prices show record jump y/y

•   China Feb. Services PMI(Caixin): China's Feb services activity expands at slowest rate in six months

•   Brazil Feb. Balance of trade: Brazil trade balance posts biggest February surplus in five years

•   Saudi Arabia Feb. PMI: Saudi Business Activity Ends Monthslong Funk But Jobs Lag

•   Turkey Feb. CPI: Turkish inflation hits 20-year high of 54%

•   한국 2021년 국민소득(잠정): 작년 1인당 국민소득 3만5천168달러, 10.3%↑…3년만에 반등

※   매경: '선진국 마지노선' 1인당 국민소득 5만불…한국, 이대론 13년 더 걸려

•   한국 주간 아파트 가격(부동산원): 서울 아파트값 대선 앞두고 낙폭 커져

[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: Russian Forces Advance in Southern Ukraine as Cease-Fire Talks End

※   Putin says Moscow’s goals for the war remained unchanged; negotiators reach agreement on civilian evacuations

•   WSJ: Will Sanctions Force Putin to Back Down in Ukraine? History Suggests It’s Unlikely

•   WSJ: Biden Administration Seeks $10 Billion for Ukraine Aid

•   WSJ: Russian Lawmakers Take Aim at Independent Coverage of Ukraine Invasion

•   WSJ: China Declared Its Russia Friendship Had ‘No Limits.’ It’s Having Second Thoughts.

•   WSJ: Russian’s War on Ukraine Has Created Over 1 Million Refugees in Just a Week

•   WSJ: Ukraine Leans on Armed Drones, Western Missiles to Thwart Russia

•   WSJ: A Global Hunt for Russian Oligarchs’ Yachts Has Begun

•   WSJ: Fed’s Powell Says Ukraine War Creates Risks of Higher Inflation

※   Central bank wants to avoid adding to uncertainty after Ukraine invasion, Fed chairman says

•   WSJ: Derby’s Take: Monetary Policy Rules Point to Fed Being Way Behind the Curve

•   WSJ: What Putin’s Nuclear Threats Mean for the U.S.

•   WSJ: Senate Republicans Push to End Covid-19 Emergency Declaration

•   WSJ: Iran, U.S. Close to Reviving Iranian Nuclear Deal

※   Talks advance in Vienna while U.N. atomic agency reports Iran has almost enough near-weapons-grade nuclear fuel for a bomb

•   WSJ: In China, Fewer Are Willing to Splurge as Economic Worries Moun

•   WSJ: Chinese Property Developers’ Broken Promises Erode Investor Confidence

•   WSJ: Is the China Reopening Trade for Real?

•   WSJ: French President Emmanuel Macron Declares Run for Re-Election

•   WSJ: If Russian Currency Reserves Aren’t Really Money, the World Is in for a Shock

•   WSJ: Microsoft, SpaceX, Airbnb and Others Offer Ukraine Assistance

•   WSJ: Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis

•   WSJ: Major Freight Forwarders Suspend Russia Services

•   WSJ: Companies Bet You’re Ready to Test at Home for More Than Covid-19

•   NYT: A Putin-Macron call leaves France persuaded that Russia wants ‘control of all of Ukraine.’

•   NYT: Talking War and Market Volatility With a Giant of Economics

•   NYT: International pressure is forcing Russian oligarchs to sell their assets. But who’s buying?

•   WP: Key Asian nations join global backlash against Russia, with an eye toward China

•   FT: US announces new sanctions on Russian oligarchs and their families

※   White House: FACT SHEET: The United States Continues to Target Russian Oligarchs Enabling Putin’s War of Choice

•   FT: Truss seeks emergency legislation to speed up UK sanctions

•   FT: Running a siege economy: Russia prepares to endure pain of sanctions

•   FT: Will the west place an embargo on Russian oil and gas supplies?

•   FT: War upends EU’s fiscal planning as economic clouds gather

•   FT: IEA calls on EU not to renew Gazprom contracts

•   FT: EU aims to double amount of gas in storage by next winter

•   FT: Georgia and Moldova apply to join EU

•   FT: UK steps back from suspending Northern Ireland trade deal

•   FT: UK businesses expect prices to soar in the coming year

•   FT: Ukraine plans to issue NFT collection to fund armed forces

•   FT: China-based AIIB freezes lending to Russia and Belarus over Ukraine war

•   FT: Argentina secures $45bn debt deal with IMF

•   FT: The case against divestment from Russian oil

•   FT: Ukraine war increases urgency for renewable energy, says Schroders chief

•   Bloomberg: White House Balks at Russian Oil Ban in New Feud With Congress

※   Biden administration seeks to minimize impact on consumers

•   Bloomberg: OPEC+ Silence on Russia War Deepens Rift With Consuming Nations

•   Bloomberg: Soaring Oil Prices Give a Lift to Resource-Rich Emerging Markets

•   Bloomberg: JPMorgan Says $185 Oil Is in View If Russian Supply Hit Persists

※   66% of Russian oil is struggling to find buyers currently

•   Bloomberg: Russia Cut Again by S&P as Sanctions and Controls Ramp Up

•   Bloomberg: Transcript: What Sanctions Can Do To The Russian Economy

•   Bloomberg: EU Seeks to End Russia’s Most-Favored Nation Status at WTO

※   ussia exports about 95 billion euros of goods to the EU

•   Bloomberg: Russian Assault Shows No Letup as War Enters a Second Week

•   Bloomberg: Rapid Wage Growth in U.S. Isn’t Going Anywhere Any Time Soon

•   Bloomberg: U.S. Inflation Is Set for Even Hotter 2022 Due to War’s Impact

•   Bloomberg: Russian Sanctions Pose Risks to U.S. Nuclear Power Industry

•   Bloomberg: Germany Signals Opposition to Embargo on Russian Energy

•   Bloomberg: Why Belarus Is in Lockstep With Russia Over Ukraine

•   Bloomberg: Questioning Britain’s Place in the World: Beyond Brexit

•   Bloomberg: Ukraine War Sharpens China’s Energy Priorities as Prices Spike

•   Bloomberg: PBOC Says Number of High-Risk Banks to Fall as It Cracks Down

•   Bloomberg: Ukraine’s Crypto Army Is Both Inspiration and Cautionary Tale

•   Bloomberg: Grain Markets Set for Supply Shock of a Lifetime, Economist Says

•   Bloomberg: China Buys Up U.S. Corn, Soybeans as Ukraine War Roils Trade

•   Bloomberg: American Farmers Are Set to Plant More Corn as War in Ukraine Threatens Supply

•   Bloomberg: Oil Trader Trafigura Offers Russia’s Crude at a Record Discount

•   Bloomberg: World’s Top Battery Maker Urges China to Secure Lithium

•   Bloomberg: Tesla’s German Plant Is Poised to Get Nod to Start Production

•   Bloomberg: Europe’s Biggest Port Is Very Worried About Russian War Impact

•   Bloomberg: U.S. Clean Energy Draws Record $105 Billion Private Investment

•   Reuters: Global supply pressures eased in February, New York Fed says

•   Reuters: Exclusive: Russian firms rush to open Chinese bank accounts

•   Reuters: WHO recommends Merck's COVID pill for high-risk patients

•   Reuters: ECB policymakers saw rate hike drawing closer in February

※   ECB: Account of the February monetary policy meeting

•   Reuters: Too early for China to seek 'coexistence' with COVID - govt expert

•   Reuters: Saudi crown prince plays the oil card in quest for U.S. recognition

•   Reuters: WHO sees little impact on COVID-19 vaccine supplies to Africa from Ukraine war

•   Reuters: Iran can reach top oil output 2 months after nuclear deal -oil minister

•   Reuters: Explainer - Why $100 oil could hurt the energy transition more than it helps

•   Reuters: Analysis: Oil price surge revives Wall Street fears of 1970s-style stagflation

•   Reuters: Analysis: Want lower oil prices? First you need higher ones

•   Reuters: Analysis: Ukraine crisis threatens China's discreet pipeline in military technology

•   Reuters: Analysis: Russia-Ukraine conflict highlights wheat supply vulnerability

•   Reuters: Analysis: Sanctions response to Russia's invasion offers clues for China

•   CNBC: EU says it’s ready if Russia decides to cut off the gas

•   Fox News: US doesn't stand 'a fighting chance' if Russia and China combine cyber tech, former Pentagon official says

•   SCMP: ‘Two sessions’ 2022: China’s zero-Covid policy under the microscope as leaders gather

•   SCMP: ‘Two sessions’ 2022: calls for China’s family-planning restrictions to be fully abolished gather steam

•   SCMP: In fast-changing Europe, rage against Russia fuels suspicion of China

•   SCMP: China, Russia trade continues despite Western sanctions, but Beijing ‘will not ride to the rescue’

•   Caixin: Chinese Local Governments Unveil Plans to Implement RCEP Mega Free Trade Pact

•   Nikkei Asia: Japan blocks 7 Russian banks from SWIFT, freezes oligarch assets

•   Nikkei Asia: Quad urges India to condemn Russia over Ukraine

•   Nikkei Asia: Japanese utilities hunt for alternative LNG sources beyond Russia

•   Nikkei Asia: Foxconn to build first battery plants for EVs in southern Taiwan

•   Nikkei Asia: Taiwan hit by widespread power outages

•   Mainichi: BOJ member sees strong inflationary pressure amid geopolitical risks

•   DIGITIMES: Taiwan power outage has little impact on major makers

•   DIGITIMES: Chip shipments for consumer devices back to seasonal pattern in 1Q22

•   DIGITIMES: PCB equipment makers poised for thriving sales in 2022

•   Hannover Messe News: Material shortages in industry are increasing

•   Robotics & Automation News: How Robotic Process Automation is Impacting Key Industries

•   Robotics & Automation News: Intelligent Automation vs RPA: How Do They Differ?

•   Robotics Tomorrow: Pallet Moving Robots Are Game Changers – And Easy to Implement Fast

•   매경(P1): 한강변에 60층 아파트…스카이라인 확 바뀐다

•   매경: 월급 받아서 먹고 나면 남는게 없네…21년만에 엥겔지수 최고치

•   매경: 정부 대기업 R&D 지원…미국의 3분의1에 불과

•   매경: 스마트폰·자동차…러시아 수출금지 피했다

•   매경: 삼성이 내놓은 가장 빠른 D램…퀄컴 모바일 플랫폼에 탑재

•   매경: "친환경 대세는 해상풍력…동남아서 금맥 찾겠다"

•   매경: 서울 전세거래 '꽁꽁'…3년9개월만 최소

•   한경(P1): "건설공사 발주업체는 중대재해법 적용 제외"

•   한경: "주담대 금리, 어마무시하게 올랐다"…영끌족 비상

•   한경: "한국에 최대 4조 들어온다"…주목할 종목은 이 기업들

•   서경(P1): [단독]인텔, 내주 獨에 110조 투자 발표…파운드리 '파상공세'

•   서경: 인텔·유럽車 '반도체 동맹' 구축…日은 기술유출 '징역 2년' 추진

•   서경: 지방 균형발전 집착에…인재 확보 어렵고 반도체 클러스터도 제기능 못해

•   서경: '우크라 침공'에 해상물류도 차질…수출기업 '생산타격' 발동동

•   조선비즈: 정부, 포스코에너지 과징금 심의 곧 착수… 한국퓨얼셀 분사 위법 혐의

•   조선비즈: [단독] 재벌 총수도 중대재해 ‘공범’ 될 수 있다… 업무 관련성 인정되면 법 적용

•   조선비즈: 삼성이 장악한 스마트폰용 OLED, 빠르게 기술 추격하는 中

•   조선비즈: [세종풍향계] “쪼개지면 나는 어디로...” 대선 전 인사에 기재부 사무관들 긴장

•   한국(P1): 전쟁으로 뒤집힌 인플레 '상고하저' 전망… “길고 혹독한 ‘찐플레’가 온다”

•   세계(P1): 확진 판정 김부겸 “자영업자 더는 외면 못해”

•   한겨레: 오미크론보다 전파력 강한 ‘스텔스’ 검출률 10%대…‘정점’ 바뀌나

•   머니투데이(P1): 尹 '복원전' vs 李 '감원전'..."새 정부, 원전 수명 늘려야"

•   머니투데이: '탈원전' 부르짖던 독일, 이젠 옆나라서 전기 꿔오는 신세

•   머니투데이: 탈원전 5년…"멀쩡하던 원전부품사, 1인 기업 된 지 8개월째"

•   머니투데이: [단독]美보다 8년 앞선 'SMR 선도국' 韓…뒤늦은 규제개발 '착수'

•   머니투데이: 탄소중립 사다리는 '원전'…신한울 3·4호 재개 늦어지면 '녹색미래' 없다

•   머니투데이: "탄소중립, 전기수요 2배 급증…원전과 재생에너지 조화 절실"

•   머니투데이: [단독]탈원전 5년에 '원자력기금' 500억 사라졌다

•   머니투데이(P1): "목숨과 표 바꾸나"…여섯번의 대유행 부른 섣부른 방역완화

•   머니투데이: "부장님 NO, 프로님~" 한화도 호칭 통합…재계에 부는 '수평 바람'

•   파이낸셜뉴스: 수중 드론이 보낸 영상 감상하고 로봇이 만든 칵테일 마시는 시대 [MWC 2022]

•   파이낸셜뉴스: 5G·디지털트윈 적용한 스마트팩토리… 산재 '해결사'로 [MWC 2022]

•   디지털타임스: 기업 총수 평균수명 76.8세… 국민 기대수명보다 낮아

•   이데일리(P1): `누구 편` 강요받는 경제 신냉전…中에 맞섰던 호주서 배운다

•   이데일리: 파나소닉 '4680' 양산 임박…한·중·일, 중대형 원통형 배터리 경쟁 격화

•   이데일리: 외국인이 삼성전자 팔고 SK하이닉스 쓸어담는 이유

•   이데일리: 채무조정안 '빨간불'…쌍용차, 상장폐지 기로

•   이데일리: "李·尹 누가 당선돼도 증세 논의할 듯…부가세 인상이 바람직"

•   이데일리: "文정부가 실패한 부동산정책, 세수추계 오차 만들었다"

•   연합: 확진자 24만명대로 급증해 역대 최다…오후 9시까지 24만4889명

•   연합: 정부, 러시아 제재 피해기업에 2조원 규모 긴급 금융지원

•   e대한경제: [단독] 유연탄 하루새 45% 폭등...'440달러' 천장 뚫었다

•   더구루: [단독] 반도체 어벤저스 뭉쳤다…삼성·인텔·AMD, 개방형 칩렛 생태계 구축

•   일간스포츠: 채권단 관리 벗어난 두산, 박지원 vs 박진원 경영 승계 초점

•   에너지경제: 文 "주력전원" 언급에 원전 돌리는 한수원 "정부 정책에 수익 하락 위험"

•   에너지경제: 신재생에너지 값 고공행진…전력도매·REC 가격 동반상승

•   전자신문: 애플카, 한국산 'FC-BGA'로 달린다

•   전자신문: 산업부, 해상풍력 4대 권역별 워킹그룹 만든다

•   전자신문: 반도체용 쿼츠 가격 10% 급등...제조사 수익 악화에 내재화 시도

[Opinions]

•   Project Syndicate(John H. Cochrane,Jon Hartley): Time for Supply

•   Project Syndicate(Takatoshi Ito): Why Is Japan So Cheap?

•   Project Syndicate(Ivanna Klympush-Tsintsadze): What Ukraine Needs

•   Project Syndicate(Kemal Derviş, José Antonio Ocampo): Will Ukraine's Tragedy Spur UN Security Council Reform?

•   Project Syndicate(Josep Borrell): Putin's War Has Given Birth to Geopolitical Europe

•   FT(Editorial Board): Europe must end its Russian energy habit

•   FT(Gillian Tett): War in Ukraine threatens the global financial system

•   FT(Martin Sandbu): Why the EU should end Russian gas imports now

•   FT(Chris Giles): The economic fallout of Russia’s war poses nasty dilemma for west

•   FT(John Thornhill): Ukraine is winning the information war against Russia

•   FT(Natalie Jaresko): Russia’s invasion of Ukraine must prompt an ESG reckoning

•   FT(Michael Bernstam): Central bank sanctions strike at the foundations of Russia’s economy

•   FT(Lex): China/Ukraine: siding with Russia puts food security at risk

•   WSJ(Editorial Board): Russia’s Assault on Ukraine’s Cities

•   WSJ(Editorial Board): Joe Biden Tells a Budget Whopper

•   WSJ(Daniel Henninger): Ukraine Changes Everything

•   WSJ(Karl Rove): Biden and the State of the Midterm Elections

•   WSJ(Jack Devine): Putin Has Ensured His Own Downfall

•   WSJ(Aaron Rhodes): Ukraine War May Prove Clarifying for the West

•   WSJ(Henry I. Miller): Biden’s Half-Baked Covid Treatment Plan

•   WP(Robert M. Gates): We need a more realistic strategy for the post-Cold War era

•   Bloomberg(David Fickling): We Already Have a Solution for Oil’s Price Shock

•   Bloomberg(Clive Crook): Defeating Putin Is the Goal, But What Does That Mean?

•   Bloomberg(Bobby Ghosh): Iran Is Misreading the War in Ukraine

•   Bloomberg(Matt Levine): Uninvestable Markets Are Hard to Trade

•   MarketWatch(Barry Pavel, Peter Engelke, Jeffrey Cimmino): Opinion: Russia's invasion of Ukraine: 4 ways this war could end - MarketWatch

•   Reuters(John Kemp): Europe prepares for high gas prices to last into 2023

•   헤럴드경제(곽지혜): 재생에너지와 에너지안보