BUSINESS >>Insider's Eye

Resignation of Boris Johnson worsens currency vulnerability as Brexit wrangling continues

The departure of two senior government ministers in less than 24 hours will either make or break Prime Minister Theresa May and her Brexit negotiations. It certainly makes the pound ...
Source: Global Times | 2018/7/11 22:23:41

China, EU must fight ignorance through B&R

Many countries are embracing the Belt and Road (B&R) initiative, from Asia to Europe, and even across South America. However, there are still many governments, institutions, companies, industries and other ...
Source: Global Times | 2018/7/11 22:23:40

Trump policies harming global trade, tech networks

We live in a time when globalization is receding and international relations are retreating back to the law of the jungle. The WTO built today's rules-based global multilateral trade system ...
Source: Global Times | 2018/7/10 22:13:41

Xiaomi's disappointing market debut might push other tech firms to take cautious stance

Xiaomi's lackluster initial public offering will punish bankers twice. The Chinese smartphone maker's shares opened below the issue price in their $54 billion debut in Hong Kong on Monday. The ...
Source: Global Times | 2018/7/10 22:12:37

Trade row exposes difference in attitude of China, US

The Sino-US trade row has officially started. The trade volume involved has fully demonstrated the different attitudes of China and the US toward international rules and the multilateral trading system, ...
Source: Global Times | 2018/7/9 22:53:40

Trump offers hope to EU on car tariffs but investors remain understandably cautious

US President Donald Trump made his name as a negotiator. Yet investors are reacting cautiously to the idea that he might strike a deal on car tariffs with the European ...
Source: Global Times | 2018/7/9 21:08:39

China's aid will improve cooperation with Ethiopia

China's development cooperation has long been an important part of its relationship with Ethiopia, which started soon after the establishment of diplomatic relations in 1970. Complete projects have been the ...
Source: Global Times | 2018/7/8 22:41:19

Anil Agarwal eyes closer ties with Anglo American but shareholders will have doubts

The fog surrounding Anil Agarwal's intentions with Anglo American has become only slightly thinner. The Indian billionaire is mulling a merger of his resources group Vedanta with the global miner's ...
Source: Global Times | 2018/7/8 21:18:40

Action needed to avert looming benefits crisis

Government programs to support retirees are in trouble in every country, owing to increasing life expectancy and the rising ratio of retirees to taxpayers. The problem will worsen in the ...
Source: Global Times | 2018/7/5 20:28:40

Tesla finally hits production milestone but formula for real success remains elusive

Tesla's production upshift puts the focus on bigger battles at the $61 billion electric-car maker. Chief Executive Elon Musk had to pull out all the stops to hit his oft-postponed ...
Source: Global Times | 2018/7/5 20:28:39

Activist investor Dan Loeb struggling to promote more lively approach from Nestlé

Dan Loeb is hitting the limits of constructive activism at Nestlé. A year after disclosing he had taken a stake in the Swiss consumer giant, the activist investor has renewed ...
Source: Global Times | 2018/7/4 22:03:40

EU immigration deal papers over Merkel's domestic weakness, Italy's new obstinacy

The EU's fudge-making skills have failed to hide the flaws in its recipe. After haggling all night, leaders on Friday struck a deal on migration that managed to satisfy Italy's ...
Source: Global Times | 2018/7/3 23:23:40

Opening-up is the only way out for A-share market

According to data from the China Securities Regulatory Commission, the number of accepted cases for China Depository Receipts (CDR) and Initial Public Offerings (IPO) totaled 307 as of June 21. ...
Source: Global Times | 2018/7/3 23:03:08

Trump continues to undermine himself on trade

US President Donald Trump recently launched a tirade against Harley-Davidson, the iconic American manufacturer of motorcycles. The cause of his outburst – accompanied by threats to impose taxes “like never ...
Source: Global Times | 2018/7/2 23:28:40

Complex Disney-Fox maneuvers over Sky put UK M&A regulators in a tough spot

Britain's Takeover Panel is in a tricky position. The M&A rule-maker, staffed largely by bankers and lawyers on secondment, said in April that Walt Disney's bid for Sky shareholder Twenty-First ...
Source: Global Times | 2018/7/2 23:28:39

Pro-business Supreme Court has dangerous downside amid rancorous party divisions

Businesses will cheer the prospect of another conservative on the Supreme Court, but it has a dangerous downside. US President Donald Trump gets to name a replacement for Anthony Kennedy, ...
Source: Global Times | 2018/7/1 21:38:40

China should stay vigilant against currency crisis

Since the latter part of June, the yuan's devaluation has accelerated, with the yuan's daily fixing rate against the US dollar breaking above key levels – 6.45, 6.5 and 6.55. ...
Source: Global Times | 2018/6/28 21:08:41

Crypto goes to Hollywood with TaTaTu tokens, but perhaps without a happy ending

Take a Lamborghini, a few movie stars and a dash of Bacardi, and infuse it all with the scent of cryptocurrency riches. With this cocktail, Italian film producer Andrea Iervolino ...
Source: Global Times | 2018/6/28 21:08:40