BUSINESS >>Insider's Eye

Nio's premium show may be short-lived as rival electric vehicle brands rev up

Automaker Nio is on a roll, delivering more than 11,000 units in its first year of sales. Tesla's Chinese rival benefits from government subsidies, and from drivers' enthusiasm for premium ...
Source: Global Times | 2019/3/7 18:03:41

Arab needs to look beyond EU for economic support

An interesting gathering in Egypt between Arab nations and their European counterparts took place on February 24.
Source: Global Times | 2019/3/7 18:03:41

Do not give in to tax cut demands for avaricious rich amid income disparity in China

As the National People's Congress (NPC) has opened its annual legislative meeting in Beijing, some of China's wealthiest individuals are asking the lawmakers to cut the income tax rates of ...
Source: Global Times | 2019/3/6 17:08:45

Mixing LVMH and Pernod would make for watery cocktail for high-end brand

Ever since uppity investor Elliott Advisors turned up at Pernod Ricard late last year, Paris has been awash with talk that LVMH is lurking somewhere behind the gilded curtains, waiting ...
Source: Global Times | 2019/3/6 17:03:40

Russian media has China's investment dip all wrong

The Central Bank of the Russian Federation released foreign direct investment (FDI) data in December that revealed shrinking investment figures from China. According to the data, Chinese investment reached $3.18 ...
Source: Global Times | 2019/3/5 18:28:41

Stricken Hanergy drops investors into black hole by offering stock and SPV stake swaps

Investors in the stricken solar giant Hanergy Thin Film Power, whose Hong Kong shares were suspended almost four years ago, have been offered a false hope. A company proposal on ...
Source: Global Times | 2019/3/5 18:28:40

Elon Musk fires up engine for short-seller battle over mass-market affordable electric car

Elon Musk is firing up the engine for a battle with short sellers. The Tesla chief executive is finally selling Model 3s for $35,000 a pop – and shutting most ...
Source: Global Times | 2019/3/4 16:03:39

Human labor, AI set to forge a new equilibrium

Surveys from round the world show that people want secure jobs. At the same time, they have always dreamed of a life free from toil. The “rise of the robots” ...
Source: Global Times | 2019/3/4 15:58:39

Foxconn criticized for yo-yo hiring and layoffs

As the world's largest original equipment manufacturer (OEM) with more than 1.2 million workers, Taiwan-based Foxconn Technology Group has established more than 30 industrial parks across the Chinese mainland. According ...
Source: Global Times | 2019/3/3 19:38:40

Hong Kong exchange primed for some M&A trades as strategic plan shows it's time to diversify

Hong Kong Exchanges and Clearing is primed for some M&A trades. The $43 billion bourse operator enjoyed a blowout 2018, but its three-year strategic plan unveiled on Thursday offers few ...
Source: Global Times | 2019/3/3 19:33:40

US government should work to narrow wealth gap

When US Senator Elizabeth Warren officially launched her 2020 US presidential bid not long ago, she said it would be a campaign against the US' rich. Some Democratic US lawmakers ...
Source: Global Times | 2019/2/28 18:08:42

With low profitability and uncertain N.American ambitions, Peugeot risks running out of gas

Peugeot maker PSA Group has been the best of a bad bunch among European carmakers.
Source: Global Times | 2019/2/28 18:08:40

Capital market boom may shore up China's competitiveness

Since the beginning of February, there has been an abrupt change in investors' sentiment about stocks listed on the Chinese mainland market, the latest sign pointing to the possibility of ...
Source: Global Times | 2019/2/27 17:53:41

Nintendo's winning buyback game is a sign new corporate governance code is gaining traction

Stock buybacks are often a silly financial engineering game, but in Japan they warrant serious consideration. Nintendo shows how they can be played to winning effect.
Source: Global Times | 2019/2/27 17:43:41

Without Huawei, Europe's 5G rollout will hit snag

Nokia's prediction that a potential ban on Chinese suppliers would not delay the next-generation 5G service roll-out in European markets is incorrect. It is beyond doubt that delays will arise ...
Source: Global Times | 2019/2/26 19:53:41

Even with recovering gold prices, Barrick's gamble on US rival is one part logic, two parts folly

Barrick's latest gamble looks like fool's gold. The Canadian giant is eyeing a bid for its $19 billion US rival Newmont Mining, the Globe and Mail reported on Friday, a ...
Source: Global Times | 2019/2/26 19:53:40

BRI not meant to counter US Indo-Pacific strategy

Since its inception, the “Belt and Road” initiative (BRI) has been gaining partners around the world. The international community's attitude toward the BRI has gradually changed from initial incomprehension, suspicion ...
Source: Global Times | 2019/2/25 16:53:40

After robust fourth quarter, Barclays has new ammunition for fight against corporate crusader

In the Catholic catechism, a “just war” restores moral order rather than merely exacting revenge. Corporate crusader Edward Bramson has reason for bloodlust given the losses he has sustained since ...
Source: Global Times | 2019/2/25 16:33:39