BUSINESS >>Insider's Eye

US yet to suffer full effect of damaging Trump policies

US President Donald Trump and Secretary of the Treasury Steven Mnuchin have promised an economic miracle. They argue that when the US adopts their policies, it will consistently achieve annual ...
Source: Global Times | 2018/2/11 21:33:40

Pizza Hut performance less palatable than KFC's, but Yum China still gaining in size

Look past the iffy pizza and Yum China remains delicious. The mainland operator of KFC recently reported its first full set of annual results since spinning off from parent Yum ...
Source: Global Times | 2018/2/11 21:33:39

Trump slowly pushing US toward kleptocracy

The US certainly has a different kind of president from what it is used to have. What distinguishes Donald Trump from his predecessors is not just his temperament and generalized ...
Source: Global Times | 2018/2/8 22:13:39

China, S.Korea can lead global smart city trend

South Korea is planning to develop Sejong and Busan into smart cities by 2023 as an exploration of smart city models, according to media reports in the country. Nowadays, all ...
Source: Global Times | 2018/2/7 22:43:41

Huawei's success offers answer to US trade friction

Chinese telecom giant Huawei has drawn global attention with its new triple-camera smartphone, ahead of the Mobile World Congress. It shipped 153 million smartphones in 2017, taking a 10 percent ...
Source: Global Times | 2018/2/6 23:48:40

Reasons to be happy about Apple's local data deal

Apple's much-hyped China data center – which is reportedly scheduled to be launched in early 2020 – is proof that the tech giant is moving proactively to align itself with ...
Source: Global Times | 2018/2/5 22:18:40

Criticism of China exposes US' protectionist instincts

The US has recently enacted a number of trade remedy measures that have not only aggravated uncertainty about the global economic outlook, but also greatly damaged the reputation of the ...
Source: Global Times | 2018/2/5 0:03:39

China still defying doubters with inexorable growth

China's recently released GDP data for 2017 confirms it: The country's dramatic rise, with the concomitant increase in its global economic relevance, is not slowing down.
Source: Global Times | 2018/2/1 22:28:40

UK may just want to use CPTPP as a bargaining chip

As it struggles to prepare for Brexit, the UK is reportedly angling to join the smaller version of the Trans-Pacific Partnership Agreement (TPP), the Comprehensive and Progressive Agreement for Trans-Pacific ...
Source: Global Times | 2018/1/31 22:03:40

Heavy hitters give Wanda boss breathing space but $5.4b deal appears generous

China's tech giants are keeping tycoon Wang Jianlin's relisting dream alive. A consortium led by Tencent will pay $5.4 billion for a stake in Dalian Wanda Group's indebted property arm. ...
Source: Global Times | 2018/1/31 21:58:40

Mongolia to push for trade ties with S.Korea

On January 17, Mongolian Prime Minister Ukhnaagiin Khurelsukh concluded his three-day visit to South Korea. During his visit, Khurelsukh attended a Mongolian-South Korean business forum and exchanged views with South ...
Source: Global Times | 2018/1/30 21:13:40

Australia's CBA makes brazen move in picking head of scandal-hit unit as new CEO

Commonwealth Bank of Australia (CBA) has made a brazen choice for the top job. On Monday, the country's top lender picked retail head Matt Comyn as the next chief executive, ...
Source: Global Times | 2018/1/30 21:08:39

Chinese firms helping to reshape SE Asia's AI sphere

Chinese AI firms eyeing a foothold in Southeast Asia should realize that the path to success in a market that is so geographically, culturally and linguistically fragmented could be bumpy.
Source: Global Times | 2018/1/29 22:18:40

Boeing, Trump dealt heavy blow by US trade body's rejection of call for duties

Who knew trade wars were so complicated? A US trade agency on Friday surprisingly rejected calls by the $205 billion aerospace giant and the Trump administration to impose duties on ...
Source: Global Times | 2018/1/29 22:13:40

Efforts needed on use of yuan in trade with Vietnam

Given the huge trade volume between China and Vietnam, there seems to be relatively limited use of yuan in the trade settlement between the two countries. Recently, Hong Xiaoyong, China's ...
Source: Global Times | 2018/1/28 21:28:40

SoftBank treading familiar path with latest funding drive, but there are some risks

SoftBank's debt wizards have found new ingredients to chuck in their finance cauldron. A report that they might raise funds against semiconductor subsidiary ARM or a newly purchased 15 percent ...
Source: Global Times | 2018/1/28 21:28:39

Stricter GDP data standards a necessary pain for China

Tianjin recently published the statistics for the city's economy in 2017, showing its growth rate had dropped to the lowest level in the last decade. The city's GDP grew by ...
Source: Global Times | 2018/1/25 22:48:40

Evaluation needed to make carbon trading a success

China's policymakers have recognized the role that markets can play to promote the efficient allocation of resources to protect human health and the environment. After several years of piloting carbon ...
Source: Global Times | 2018/1/24 23:33:40