BUSINESS >>Insider's Eye

Europe vulnerable to next economic downturn

Europe faces a serious problem. Although economic activity has recently increased, the eurozone has lost the ability to respond to the next downturn when it happens, as it inevitably will.
Source: Global Times | 2017/11/12 20:53:39

Meeting between Xi and Moon could signal thaw in Sino-South Korean relations

It is believed that inseparable economic and trade links between China and South Korea are playing a role as a stabilizer for bilateral ties, helping to ease tensions brought by ...
Source: Global Times | 2017/11/12 20:53:40

Singles’ Day shopping bonanza moves beyond China

The world’s biggest online shopping festival, known as Singles’ Day or Double 11, is just around the corner.
Source: Global Times | 2017/11/9 22:03:39

B&R offers digital prosperity as well as infrastructure

While some people still regard the Belt and Road (B&R) initiative mainly as a drive by China to export its rail, road and port construction capabilities, there are signs that ...
Source: Global Times | 2017/11/8 21:28:39

Broadcom faces down memories of previous LBO disasters with Qualcomm offer

Chipmakers like Freescale Semiconductor and NXP Semiconductors took a high-profile role in the leveraged-buyout binge that preceded the financial crisis – and the distress that followed it. That makes Broadcom’s ...
Source: Global Times | 2017/11/8 21:23:40

Push for greener future could boost economy

Perhaps the most interesting part of the energy efficiency drive is that it could offer multi-faceted benefits for the economy, as well as finding ways to use cleaner resources in ...
Source: Global Times | 2017/11/7 22:03:39

Tech enthusiasm keeping Hong Kong bourse buoyant amid Western IPO wobbles

Tech fervor is buoying Hong Kong’s new-issue market. Investors have snapped up shares in Razer, a maker of keyboards and mice for gamers, and China Literature, the electronic publishing arm ...
Source: Global Times | 2017/11/7 22:03:39

There is strong economic case for B&R initiative

Since 2013, China has been pursuing its Belt and Road (B&R) initiative, which aims to develop connectivity among more than 60 countries and regions across Asia, Europe and Africa. Critics ...
Source: Global Times | 2017/11/6 21:23:39

Bank of England rate hike signals belief that Brexit will permanently stifle growth

Raising interest rates is typically a sign of economic strength. The Bank of England’s decision to increase official UK borrowing costs for the first time in a decade has a ...
Source: Global Times | 2017/11/6 21:23:39

How will Trump pick for Fed chair affect China?

Speculation over the new Federal Reserve chair can now end as Jerome H. Powell, a current member of the Fed’s board of governors, was revealed on Thursday to be President ...
Source: Global Times | 2017/11/5 22:08:39

Hedge fund founder’s gift to Chicago University points up need for diverse views

Oh the irony. Chicago University is getting a $125 million gift from hedge-fund founder Ken Griffin. The “Chicago School” of economics, as it’s called, leans heavily toward free and efficient ...
Source: Global Times | 2017/11/5 21:48:39

Yuan set to be fully convertible in five years

China has entered a new era in building socialism with Chinese characteristics. In the economic arena, the new era means China will be more open and the economy will be ...
Source: Global Times | 2017/11/2 22:28:39

China faces hard battle for manufacturing transition

Manufacturing has been a pillar industry of China’s recent development, but the cost advantage of the domestic industry has been on the wane for some time. Manufacturers of a number ...
Source: Global Times | 2017/11/1 21:28:39

China can help Pakistan address fiscal problems

The Asian Development Bank (ADB) recently warned about Pakistan’s economic vulnerability to fiscal and external problems, even though it maintained a relatively optimistic growth forecast for Pakistan’s economy of 5.5 ...
Source: Global Times | 2017/10/31 22:18:39

HSBC investors hoping new CEO can make most of promising growth scenario

Prospective buyers of HSBC shares might question the upside for a bank that already trades at a chunky 1.3 times its tangible book value, a premium to European peers. Third-quarter ...
Source: Global Times | 2017/10/31 22:13:39

Blind accusations won’t solve takeaway pollution

The recent boom in the takeaway industry has brought a lot of convenience for people’s daily lives, but there are increasing concerns about the environmental impact from the industry. According ...
Source: Global Times | 2017/10/30 22:48:39

Baidu cutting costs, focusing on search business but investors remain uncertain

Baidu has stumbled in getting back to basics. Investors wiped more than 10 percent, or slightly more than $9 billion, from the Web giant’s market value in late US trading ...
Source: Global Times | 2017/10/30 22:23:39

India stuck in cycle of poverty and unemployment

India ranked 100th out of 119 developing countries on the global hunger index (GHI), behind North Korea, Bangladesh and Iraq but ahead of Pakistan, according to a recent report issued ...
Source: Global Times | 2017/10/29 20:03:39