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[Misc] (HL-20200802~20200808) Weekly Headlines Review
최고관리자  |  20-08-01 01:57
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!!! A state-by-state breakdown of US coronavirus cases !!!
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(Mon) Boeing retires iconic 747 as business craters
보잉의 상징 747항공기, 결국 생산 종료

It’s just not a good time to be in the flying business. Aerospace giant Boeing on Wednesday announced that it has slashed production on all its large planes, delayed the arrival of its newest jet, and confirmed rumors that it is putting to rest its iconic 747 - all steps to conserve cash as it grapples with the effects of a global slowdown in air travel. The manufacturing changes reflect the difficult business climate Boeing is in. It announced Wednesday a per-share quarterly loss that was almost double analysts’ forecasts and a 25 percent plunge in sales, which was also much bigger than Wall Street anticipated. And there's few signs of a rebound anytime soon. CEO David Calhoun in a post-earnings conference call said Boeing airline customers are deferring airplane orders, and sometimes even slowing down or stopping payments. At the same time Boeing is grappling with that, it still has the formidable task of getting the defamed 737 MAX back up in the air. The plane, which has been grounded for over a year after two deadly crashes, is still racking up huge losses - some $20 billion so far. Boeing is waiting for U.S. regulators to certify the plane is safe to fly again - the timetable for that remains...up in the air. Shares of Boeing fell more than 3 percent in Wednesday trade.

(Tue) LVMH flags June turnaround, but shares take a hit
6월 회복세 주장하던 LVMH, 주가 급락

LVMH, the owner of Louis Vuitton, is trying to stay positive. The world's biggest luxury goods group has said sales momentum picked up in June. But store closures tore a hole into second-quarter sales. LVMH temporarily closed stores and paused manufacturing as the world imposed restrictions. Its financial chief told a conference call "I do not think we have ever seen such a perfectly negative alignment of planets against us". Though he also sounded a note of optimism about an upturn, particularly in China. In fact, sales momentum improved across Asia, excluding Japan. Comparable revenue fell by 13% versus a 32% slump in the previous three months. But it remains exposed to travel restrictions, affecting its duty free stores in airports. And LVMH relies heavily on tourists visiting cities such as Milan and Paris. The conglomerate's rivals, including Gucci owner Kering and France's Hermes, which are yet to report earnings, are exposed to similar trends. LVMH's revenues came in at 7.8 billion euros, or 9.2 billion dollars, in the April to June period, down 38% on a like-for-like basis. Run by France's richest man, Bernard Arnault, the company was in the middle of working through a $16 billion acquisition of U.S. jeweler Tiffany. Sources say attempts to help the deal go through have now been put on hold. The Q2 results saw LVMH's share price fall over 4% in early session trading on Tuesday. That dragged down the shares of rival Kering, which publishes results later in the day. And Moncler, which makes luxury puffer jackets, also slid over 4% after reporting a first-half operating loss for the first time in its history.

(Wed) Indonesian school innovates with transparent tent
투명 텐트로 수업? 인도네시아의 학교 혁신

The face shields are on and the plastic tents are pegged into place as teachers at the Permata Hati Kindergarten in Indonesia try to make learning as up close and personal as possible - while still at a distance. The innovative setup aims to keep students safe and healthy - while giving them the in-person interaction they need to succeed. The school of 135 students only allows six pupils in the classroom at a time. But a rotation system ensures each student gets to enjoy in-person learning every two weeks. And Headmistress Hindarwati says - there are even more stringent safety protocol in place. "The function of the transparent 'box' is one of our commitments of prioritizing health protocols. When someone enters Permata Hati integrated Islamic Kindergarten, or when they bring their children to school, there are certain procedures they need to follow, including wearing a mask, face shield, gloves and having their body temperature taken." The transparent school-boxes are disinfected before and after each use. But if parents still aren't comfortable with sending their children to school, they can choose to tutor them at home themselves with study materials provided by the kindergarten, allowing them to continue enjoying dancing, music classes, and more. The kindergarten also sends teachers to visit students at home to conduct one-on-one classes - a move welcomed by parents and students alike. "My teacher came to my house and gave me new toys. She plays puzzles with me and teaches me to memorize verses of the Koran, I love it and am very happy." Most schools in Indonesia have not resumed physical classes. Only schools in some 90 'green zone' cities - have been allowed to reopen under strict health protocols.

(Thu) Jobless spike, stimulus fight spark stock drop
실업 급증과 부양책에 대한 마찰로 미국 증시 하락

Wall Street suffered a stock market beatdown Thursday with hopes for a quick turnaround for the economy dashed by a surprise resurgence in unemployment. The Dow tumbled 353 points in its first drop all week. The S&P 500 shed 40. The Nasdaq got slammed - falling more than 2 percent, a dive of 244 points. Applications for new unemployment claims jumped to more than 1.4 million - in the first weekly rise in four months. The total number of Americans receiving some type of jobless aid now stands at nearly 32 million. The rise in joblessness comes at a critical time. An extra $600 a week government payout is set to expire next week and senators in Washington are haggling over whether to extend the benefit, and if so, by how much. Dan Russo is chief market strategist at Chaikin Analytics. "I think people are trying to wrap their heads around what the next stimulus bill will look like. I think that people are kind of honing in on the unemployment benefit to be only $400 a month, which to me would be a disappointment to the market. So I think that's what's driving near-term trading here." Apple was a major drag on the stock market's performance. Investors dumped the stock on worries the tech giant faces a multi-state consumer protection probe, first reported by Axios. Shares of Apple tumbled 4-1/2 percent. Microsoft also was a top loser after its cloud computing business posted its first-ever quarterly growth below 50 percent. Microsoft slumped more than 4 percent. Twitter, however, bucked the gloomy trend. It announced its highest-ever annual growth in daily users. Shares of Twitter rallied 4 percent.

(Fri) U.S. pays Pfizer, BioNTech $2 bln for vaccines
미국, 화이자와 바이오엔테크 코로나 백신에 20억달러 투자

Pfizer and its German partner, BioNTech, secured a nearly $2 billion order from the U.S. government for a vaccine that doesn’t yet exist. Under the agreement, the companies said Wednesday the government will receive 100 million doses of a COVID-19 vaccine and can acquire up to 500 million additional doses. It's part of the government's "Operation Warp Speed" program that aims to speed up development of vaccines and treatments. Americans will get the vaccines for free. Pfizer would have to prove its vaccine candidate is safe and effective in a big Phase 3 clinical trial and get Emergency Use Authorization or approval from the U.S. Food and Drug Administration. The companies said they expect to seek some form of regulatory approval as early as October. Pfizer's and BioNTech's vaccine has shown promise in small, early-stage studies in humans. On Monday, the two companies said that their latest data showed that two doses of their experimental vaccine produced virus-neutralizing antibodies in healthy volunteers. News of the deal drove shares of both companies higher in early trading Wednesday. BioNTech's shares have nearly tripled this year.

** Other Latest Headlines **

* Unification minister vows to seek ways to resume Mt. Gumgan tour

Unification Minister Lee In-young said Friday that he will seek to resume a long-suspended tour program to North Korea's Mount Kumgang. "I'll actively look for ways to restart the Mount Kumgang tour project," he said while visiting Jejin Station in Goseong, northeast of Seoul, near the Demilitarized Zone that separates two Koreas. "The resumption of the tour program will send a message of peace on the Korean Peninsula and revive the economy of border regions." The minister also said he will go ahead with plans to reconnect the rail network to North Korea in a bid to create a new economic order on the Korean Peninsula. During his confirmation hearing earlier this month, Lee said he would look for a "creative solution" to restart the tour program to North Korea's scenic mountains in the form of individual tours as a way to improve inter-Korean relations without violating international sanctions imposed on Pyongyang. Started in 2003, the project was suspended after a South Korean tourist was shot dead near the mountain resort in 2008. The program's formal resumption requires a sanctions waiver, as it involves bulk cash transfer to the North.

* Torrential rain hammers central regions

The central parts of the nation were hit by torrential rains, Sunday, with some areas experiencing rainfall of more than 200 millimeters per hour, leaving at least five dead and eight others missing in North Chungcheong and Gyeonggi provinces as of 9 p.m. The heavy rains caused landslides and floods forcing the suspension of train services in Gangwon Province and the Chungcheong region. The Korea Meteorological Administration (KMA) forecast that heavy rains in the interior region will continue this week as the nation is expected to come under the influence of Typhoon Hagupit. A landslide engulfed a barn in Chungju, North Chungcheong Province, at 10:30 a.m., causing a gas explosion and subsequent fire, killing a 56-year-old woman, according to the local fire department. In that city, a firefighter went missing in a flash flood at 7:30 a.m., officials said, noting that a search is underway. In Anseong, Gyeonggi Province, a 58-year-old man was killed in a landslide that engulfed a chicken farm.

* ‘Too many are selfish’: US nears 5 million virus cases

Fourth of July gatherings, graduation parties, no-mask weddings, crowded bars — there are reasons the U.S. has racked up more than 155,000 coronavirus deaths, by far the most of any country, and is fast approaching an off-the-charts 5 million confirmed infections, easily the highest in the world. Many Americans have resisted wearing masks and social distancing, calling such precautions an overreaction or an infringement on their liberty. Public health experts say the problem has been compounded by confusing and inconsistent guidance from politicians and a patchwork quilt of approaches to containing the scourge by county, state and federal governments.

* Some experts see new supply plan as 'ill-conceived' policy

The government announced Tuesday that it will facilitate the supply of 132,000 new homes in Seoul and the surrounding Gyeonggi Province by easing construction rules and making more land available in its latest effort to curb property speculation and stabilize home prices. Construction rules will be eased through the increase of floor area ratios, measured by building area divided by lot area, to up to 500 percent, which will allow redevelopment projects of aging apartments. Also the current height restriction limit of 35 stories for apartment blocks will be raised to 50. Lands to be opened for home construction include those previously occupied by state-run organizations, and areas returned by the United State Forces of Korea or owned by the Seoul Metropolitan Government. The supply-bolstering measure is part of the government's 23rd real estate policy to curb speculation amid the rapid uptrend of apartment prices in Seoul and the rest of the country over the past three years. "The government plans to maximize the supply of homes in the market to help people achieve stable, long-term living arrangements," Deputy Prime Minister and Finance Minister Hong Nam-ki said during a briefing at the Seoul Government Complex in Gwanghwamun, Monday.

* Virus testing in the US is dropping, even as deaths mount

U.S. testing for the coronavirus is dropping even as infections remain high and the death toll rises by more than 1,000 a day, a worrisome trend that officials attribute largely to Americans getting discouraged over having to wait hours to get a test and days or weeks to learn the results. An Associated Press analysis found that the number of tests per day slid 3.6% over the past two weeks to 750,000, with the count falling in 22 states. That includes places like Alabama, Mississippi, Missouri and Iowa where the percentage of positive tests is high and continuing to climb, an indicator that the virus is still spreading uncontrolled. Amid the crisis, some health experts are calling for the introduction of a different type of test that would yield results in a matter of minutes and would be cheap and simple enough for millions of Americans to test themselves — but would also be less accurate.