BUSINESS >>Insider's Eye

Alibaba purchase of big Suning stake suggests grocers can see writing on the wall

Alibaba's latest deal suggests grocery stores are queuing up to check out. The e-commerce goliath agreed to buy 36 percent of Chinese supermarket operator Sun Art Retail for $2.9 billion. ...
Source: Global Times | 2017/11/21 22:13:39

Financial opening will require regulatory progress

The announcement signals a new chapter for the country's financial markets. It is anticipated that as the pledge is being implemented, China's financial markets will draw in massive amounts of ...
Source: Global Times | 2017/11/20 21:53:39

Northern Ireland an increasingly intractable problem as Brexit wrangles continue

Northern Ireland has become Brexit's Gordian knot. Avoiding a hard border in the region is an aim of all sides in the negotiations over Britain's withdrawal from the EU. The ...
Source: Global Times | 2017/11/20 21:48:40

Gold prices buffeted by conflicting global trends

Gold prices have risen more slowly in China than in the global market this year. As of Tuesday, the price of international spot gold had risen by 11.14 percent since ...
Source: Global Times | 2017/11/19 20:28:39

Cerberus' stake in Deutsche Bank could herald new Commerzbank merger efforts

In Greek mythology, Cerberus was the three-headed dog that prevented the dead from leaving the underworld. Investors in Deutsche Bank will hope its financial namesake's arrival as a major shareholder ...
Source: Global Times | 2017/11/19 20:23:39

Careful economic management needed in China

As China's giant economy takes on an increasing role in fuelling economies elsewhere, any hiccup or slight slowdown can cause global concern.
Source: Global Times | 2017/11/16 23:13:40

China must be cool-minded over trading partners

Overnight, the news about a “military coup” in Zimbabwe spread across the Internet and media. The BBC reported that President Robert Mugabe had been detained in a bloodless transition, citing ...
Source: Global Times | 2017/11/16 16:38:39

How can potential of B&R be fully realized?

China's Belt and Road (B&R) initiative could prompt a profound shift in the global order toward a new multilateralism. The strategic planning and delivery of scalable infrastructure for power generation, ...
Source: Global Times | 2017/11/14 21:53:40

China-Laos rice trade has considerable potential

During his ongoing trip to Laos, Chinese President Xi Jinping called on both sides to build “a community of shared future with strategic significance” in a signed article published in ...
Source: Global Times | 2017/11/13 22:43:40

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