Business Intelligence Monitor 220315

(Introduction)

[Markets]

•   Global: Oil falls on Ukraine peace hopes, U.S. Treasury yields rise

※   S&P 500 loses earlier gains, Dow rises

※   Benchmark 10-year yields reach two-and-a-half year high

※   Oil prices fall to two-week low

※   U.S. dollar dips

•   Natural gas: European Gas Extends Slump With Focus on Russia-Ukraine Talks

•   Metals: Easing supply concerns, demand doubts weigh on base metals

•   Grains: Corn eases on Ukraine ceasefire talks, volatility remains high

•   한국: 우크라 사태·중국 코로나 확산에 코스피 0.59% 하락

•   한국: 1242.3원, 원화값 추락 안 끝났나…환율 비상에 올해 '3% 성장' 먹구름

[Indicators]

•   US Feb. Consumer inflation expectations : NY Fed: Public’s Near-Term Inflation Expectations Again Hit Record in February

•   Japan Jan. GDP: Japan's January GDP drops for first time 4 months by 1.4%: JCER

•   India Feb. CPI·WPI: CPI inflation rises to 8-month high of 6.07% in February 2022

•   한국 2월 수출입물가: 유가 상승에 2월 수입물가지수 3.5%↑…9년5개월만에 최고 수준

•   한국 2월 ICT 수출: '반도체의 힘'…2월 ICT 수출액 역대 최고치 경신

•   한국 2월 고용행정 통계: 2월 실업급여 지급액 8784억… 전년 동월대비 13.4% 감소

[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: Talks to End Ukraine War Pause as Russia’s Offensive Intensifies

※   Airstrikes hit capital Kyiv and western city of Rivne; U.S. presses Beijing over alignment with Moscow

•   WSJ: Ukraine’s President Volodymyr Zelensky to Address U.S. Congress Virtually

•   WSJ: Russian Forces Kill Civilians, Loot for Supplies in Occupied Ukraine, Residents Say

•   WSJ: China Tries to Shift Attention as U.S. Presses It on Ukraine

※   Beijing’s top diplomat Yang Jiechi emphasizes China’s commitment to de-escalation in meeting with U.S. national security adviser Jake Sullivan

•   WSJ: The Inflation Hits Just Keep Coming, Raising Stakes for the Fed

•   WSJ: Inflation Is Taking Biggest Toll on Nonwhite Voters, WSJ Poll Shows

•   WSJ: Why Your Electric Bill Is Soaring—and Likely to Go Higher

•   WSJ: China’s Covid-19 Surge Shuts Down Plants in Manufacturing Hubs Shenzhen and Changchun

•   WSJ: Saudi Arabia Invites China’s Xi to Visit Kingdom Amid Strained U.S. Relations

•   WSJ: Why Kim Jong Un Wants the World to See New ICBM Tests as Satellite Technology

•   WSJ: Investors Dash to Haven Assets During Ukraine Crisis Market Turmoil

•   WSJ: Banks to Keep Talking on Nickel Trading Losses, Tsingshan Says

•   WSJ: Will Financial Stability Get Nickel-and-Dimed?

•   WSJ: Apple Supplier Foxconn in Talks to Build $9 Billion Factory in Saudi Arabia

•   WSJ: Tencent Faces Possible Record Fine for Anti-Money-Laundering Violations

•   WSJ: Ford Revs Up EV Plans in Europe

•   WSJ: Merck’s Covid-19 Pill Heavily Used So Far Despite Concerns

•   NYT: China Sees at Least One Winner Emerging From Ukraine War: China

•   NYT: Are Big Businesses In or Out of Russia?

•   NYT: Apple iPhone SE Review: A Phone for the Anti-Consumer

•   WP: Chernobyl power line again damaged by Russia, Ukraine’s nuclear agency says

•   WP: The GOP is gaining post-Trump. Trump? Not so much.

•   FT: Doomed plan to send Polish jets to Ukraine exposes rift in western alliance

•   FT: The case against punishing Russia at the WTO

•   FT: EU seeks solution to energy bills conundrum

•   FT: EDF warns of €26bn hit from output curbs and energy price caps

•   FT: ECB accuses eurozone banks of ‘white noise’ on climate risks

•   FT: Germans steel themselves to sever links with Russia

•   FT: BoE poised to raise interest rates to pre-Covid level

•   FT: UK looking to extend life of nuclear plant by 20 years amid energy crisis

•   FT: UK to scrap remaining Covid travel restrictions

•   FT: Cornish towns fear losing out from post-Brexit regional funding scheme

•   FT: Gas crunch set to power recovery for shipbuilders from prolonged slump

•   FT: US farmers’ hands are tied as world braced for wheat shortfall

•   FT: China backs Russian allegations about US biological weapons

•   FT: Hong Kong Omicron deaths expose limits of fraying zero-Covid policy

•   FT: Winter of protests exposes economic pressures in Iran as nuclear talks stall

•   FT: Ukraine army hails Turkish drones but Ankara plays down weapons sales

•   FT: Gas crunch set to power recovery for shipbuilders from prolonged slump

•   FT: Billionaire investor predicts energy crisis will spur green spending boom

•   FT: Bayer threatens to halt crop supplies to Russia over Ukraine invasion

•   Bloomberg: EU Set to Add Luxury Goods, Steel, Iron to Russia Sanctions

※   Proposal would ban selling high-end items worth over 300 euros

•   Bloomberg: European Curbs on Russian Steel to Ramp Up Pressure on Industry

•   Bloomberg: U.S.-China Talks Over North Korea Aided by Sullivan-Yang Session

•   Bloomberg: Fed Traders Now Fully Pricing In Seven Standard Hikes for 2022

•   Bloomberg: Gas Taxes Get Rolled Back Across U.S. as Pump Prices Soar

•   Bloomberg: Former Fed Researcher Says Job Market Runs Far Hotter Than Data Show

•   Bloomberg: IMF Sees Deep Ukraine Recession, Working on Trust to Boost Funds

•   Bloomberg: Ukraine War Adds to EU Doubts Over Pursuing Poland, Hungary

•   Bloomberg: Germany Raises Alarm as Covid Infections Surge to Record Levels

•   Bloomberg: Morgan Stanley Sees No China GDP Growth This Quarter on Covid

•   Bloomberg: Time Is Running Out for China’s Developers to Come Clean on Debt

•   Bloomberg: China Doubles Down on Coal, Endangering Climate Goals

•   Bloomberg: China Rate-Cut Calls Brought Forward to This Week Amid Covid Hit

•   Bloomberg: Iran Says It Arrested Spy Ring for Attempted Nuclear Sabotage

•   Bloomberg: BOJ’s Kuroda Risks Hitting Inflation Goal in Way He Doesn’t Want

•   Bloomberg: Peru Congress Opens Impeachment Proceedings Against Castillo

•   Bloomberg: Options Traders Who Correctly Bet Against Russia Can’t Cash Out

•   Bloomberg: The Unloved 20-Year Bond Offers Opportunities Galore for Traders

•   Bloomberg: Container Freight Rates Set to Rise on More China Lockdowns

•   Bloomberg: Transcript: This Is The Case For Building More Nuclear

•   Bloomberg: Panasonic Is Scouting U.S. Sites for New Battery Factory by 2024

•   Reuters: U.N. chief: prospect of nuclear conflict back 'within realm of possibility' over Ukraine

•   Reuters: Russia temporarily bans grain exports to ex-Soviet countries

•   Reuters: White House: Omicron BA.2 COVID variant has circulated in U.S. for some time

•   Reuters: Euro zone to tighten fiscal policy in 2023, but ready to reverse amid Ukraine war

•   Reuters: France's COVID infections keep rising, hospitalizations up

•   Reuters: France lifts most COVID restrictions

•   Reuters: Novavax's COVID vaccine rollout in EU off to a slow start

•   Reuters: EXCLUSIVE-Germany's greenhouse gas emissions rose in 2021 - environment agency

•   Reuters: Ex-PBOC adviser expects China to cut rates further - China Securities Journal

•   Reuters: China will ensure stable economic operations this year, cabinet says

•   Reuters: Permian oil output forecast to hit record high in April -EIA

•   AP: India unsure of Russian arms to meet China, Pakistan threats

•   CNBC: Putin’s invasion of Ukraine will knock 30 years of progress off the Russian economy

•   CNBC: Dr. Gottlieb says China is ‘very vulnerable’ to omicron subvariant spread despite ‘zero-Covid policy’

•   MarketWatch: What a Russia debt default would mean for financial markets as Ukraine invasion continues

•   Fox Business: Chinese attack on Taiwan would have ‘bigger consequences’ than just humanitarian ones: Expert

•   SCMP: Ukraine war provides ‘new motivation’ for China to seek tech self-reliance amid Russia sanctions

•   Caixin: Analysis: The Seven Factors That’ll Shape China’s Economy This Year

•   Nikkei Asia: Japan's long-term joblessness spikes to post-Lehman high

•   Nikkei Asia: Toyota suspends plant in Changchun, China due to COVID lockdown

•   OilPrice.com: The U.S. Is Racing To Reduce Its Rare Earths Dependence On China

•   DIGITIMES: China's automakers seek in-house chip production

•   매경(P1): "원자력 없이 에너지안보 못 지킨다"

•   매경: 韓, 탄소중립기술 투자액 세계 8위…C테크 매력도는 22위로 뚝

•   매경: 땅 좁은 한반도 풍력·태양광 한계…원전은 합리적 선택

•   매경(P1): "윤석열 대통령 취임 전에 빨리"…공기업 '알박기 인사' 쏟아진다

•   매경: 새 정부 출범해도 기관장은 문재인 사람들…3명중 2명 임기 1년 이상 남아

•   한경(P1): 글로벌 하늘길 다 열렸다…항공운항 코로나 前 추월

•   한경(P1): 카카오 김범수, 이사회 의장 전격 사임

•   한경: "내달 CPTPP 가입 신청…이집트·멕시코와 FTA 협상도 가속"

•   한경: 나랏빚 847조 ＞정부 금융자산 835조

•   한경: 전기차 생태계 바꿀 '꿈의 배터리'…삼성SDI, 양산 길 연다

•   한경: "오미크론 정점 끝난뒤 중간 규모 유행 다시 온다"

•   한경: 삼성전자 LCD폰, OLED폰 출하량 앞질렀다

•   서경(P1): 자원대란에…해외 반입 광물 '단독 입찰' 허용

•   조선비즈: TSMC와 격차 좁힌 삼성전자, 지난해 4분기 파운드리 점유율 18.3%

•   조선비즈: 1월 전력 사용량 사상 최대… 전기료 안 올리면 한전 부담 더 커져

•   조선비즈: “반도체 업계, 네온가스·팔라듐 등 핵심 원료 재고 3개월치 확보”

•   조선비즈: AI 반도체 86兆 시장 전망… “韓 기업, 원천 기술 확보하라”

•   인베스트조선: '탈원전'에 수익성 악화한 한수원, 高금리에 '신재생 투자' 부담 급증

•   인베스트조선: 삼성전자 우산 아래 자리 펴는 두산그룹 반도체

•   동아(P1): [단독]한미 정보당국 “北, 尹취임 5월10일 전후 핵실험 가능성”

•   문화: “5G·AI 기술로 영역 확대”… 이통3사 ‘로봇 삼국지’

•   한국(P1): 어린이 1차·청소년 3차 백신 접종 '자율'... 부모들 "굳이 맞힐 이유가..."

•   한국: 반도체의 힘'…2월 ICT 수출액 역대 최고치 경신

•   국민(P1): 위중증 1158명 역대 최다… “확진자 23일부터 꺾일 듯”

•   머니투데이(P1): 韓 '꿈의 배터리' 개발 속도…삼성 '파일럿 라인' 포스코 '소재 합작사'

•   머니투데이: "원자력으로 만든 수소가 온다"…수소법 국회 처리 급물살타나

•   머니투데이: [단독]'윤석열 인수위' 경제분과 간사에 최상목 농협대 총장 내정

•   헤럴드경제: 윤석열式 수소산업 육성…생산방식에 원전 담아라

•   헤럴드경제: SK하이닉스, 키옥시아 투자 2.3조 벌었다

•   연합: 오후 9시까지 전국서 32만4917명 확진…어제보다 2만3373명 많아

•   연합: 美 백악관, ICBM 발사 임박 보도에 "미래 예단하지 않겠다"

•   e대한경제: 올해 주총서 오너家 3~4세 경영승계 탄력…"세대교체 빨라진다"

•   더구루: 삼성, '투명 디스플레이 장착' 폴더블폰 출시 가능성

•   더구루: 포스코에너지·퓨얼셀에너지, 스택모듈 공급계약 윤곽

•   더구루: 체코, '8조' 두코바니 원전 입찰 막 오른다…윤석열 당선인 기대감↑

•   에너지경제: 尹 인수위 에너지정책 주목…전력 공기업 재무악화 ‘비명’에 답 내놓을까

•   에너지경제: 재생에너지업계, 윤석열 시대 전열 가다듬는다

•   에너지경제: 한수원, 월성원전 맥스터 7기 증설 완료…2∼4호기 사용후핵연료 보관

•   전자신문(P1): [단독]SK온, 터키에 배터리공장

•   전자신문: LG전자 전장사업 성장 가속…첫 흑자 전환 노린다

•   디지털데일리: 단독모드 5G 아직 멀었다?…5G SA 경쟁 본격화

•   로봇신문: 일본 산업용 로봇업계, 증산 경쟁에 발벗고 나서

•   물류신문: “2022년에도 높은 해운·항공 운임은 계속”

[Opinions]

•   Project Syndicate(Ana Palacio): Germany Awakens

•   Project Syndicate(Richard Haass): From War of Choice to War of Perseverance

•   Project Syndicate(Sławomir Sierakowski): Putin's Lebensraum

•   Project Syndicate(Mark Medish): Ending Ukraine's Tragedy

•   Project Syndicate(Zhang Jun): China's Hedge Against Geopolitical Shock

•   FT(Editorial Board): A brewing economic storm in eastern Europe

•   FT(Editorial Board): War leaves central banks with tough choices

•   FT(Gideon Rachman): Xi Jinping faces a fateful decision on Ukraine

•   FT(Robert Armstrong): A US recession is on the table

•   FT(Patrick Jenkins): Fall of Lehman shows how unpredictable impact of Russian sanctions could be

•   FT(Karen Ward): Is the UK economy heading back to the chaos of the 1970s?

•   FT(Ruchir Sharma): Modi’s wins show how the power of his personal story endures

•   FT(Nick Mazing): No shelter for the Fed

•   FT(Paschal Donohoe): Banking union is essential if the EU is to ride out future crises

•   FT(Lex): Latin America: region benefits from new commodity supercycle

•   WSJ(Walter Russell Mead): Crisis for Biden’s Chaotic Foreign Policy

•   WSJ(Gerard Baker): The Price of Biden’s Excuses for Inflation Keeps Rising

•   WSJ(Victor Pinchuk): Ukraine Needs More Than Sympathy From the West to Beat Russia

•   WSJ(Mickey D. Levy): Let’s Start Raising Interest Rates

•   WSJ(Allysia Finley): Russia Can Hold Nickel Hostage

•   NYT(Jean H. Lee): Kim Jong-un Is Just Getting Started

•   WP(Catherine Rampell): The outlook for the U.S. economy has darkened

•   WP(Greg Sargent): Could Putin lose? Here’s why the ‘End of History’ author is optimistic.

•   WP(Megan McArdle): The painful lesson for inflation doves: Be careful what you wish for

•   WP(Daniel W. Drezner): Time is running out for China

•   WP(William Nattrass): The E.U. might want to cut off Russian energy, but fuel-dependent Poland, Hungary and others have other plans

•   WP(Joe Scarborough): The war in Ukraine is moving into a new phase. Biden and the West had better get ready.

•   Bloomberg(Editorial Board): Where Did $6 Trillion in Covid Funding Go?

•   Bloomberg(Mohamed A. El-Erian): Federal Reserve Meeting: FOMC Faces a Policy Dilemma of Its Own Design

•   Bloomberg(Conor Sen): Inflation is Bringing Back the K-Shaped Economy

•   Bloomberg(Clive Crook): How Brutal Is the Fed Prepared to Be?

•   Bloomberg(Marcus Ashworth): Bank of England Has Trapped Itself in a Tightening Corner

•   Bloomberg(Matt Levine): Nickel Blowup Made a Lot of Trouble

•   Bloomberg(Allison Schrager): Pandemics and War Remind Us Uncertainty Is the Biggest Risk

•   Bloomberg(Javier Blas): Ukraine War: The Oil Price Rally Is Bad. The Diesel Crisis Is Far Worse

•   Bloomberg(Adrian Wooldridge): The West Misjudged Russia. It Shouldn’t Repeat That Mistake with China.

•   Bloomberg(Jenny Paris): EU Must Seize Hamilton Moment to Lift Euro's Role

•   Fox News(Rebecca Grant): Ukraine's Zelenskyy vs. Russia's Putin – what to expect in the battle for Kyiv

•   Fox News(Mark Gordon, Doug Burgum): US urgently needs homegrown energy plan, with renewables, fossil fuels and nuclear in the mix

•   이데일리(정용훈): 尹정부의 합리적 `에너지 믹스`를 기대한다