BUSINESS >>Insider's Eye

Bank of England governor not an 'unreliable boyfriend' but more doubt is coming

Bank of England Governor Mark Carney has struggled to shake off the “unreliable boyfriend” epithet coined by a British lawmaker. While the central banker has gone back on his word ...
Source: Global Times | 2018/5/14 21:23:39

Macron's reform train should not be derailed

French President Emmanuel Macron received plenty of praise in the international media for his recent speeches in Washington DC, and Brussels. But for the French, what really matters is Macron's ...
Source: Global Times | 2018/5/13 21:18:40

Europe has uphill battle to keep Iran trade flowing without incurring wrath of US

European politicians have ways of coping with US President Donald Trump's withdrawal from the Iran nuclear deal. Their options are, however, not very good ones. The so-called Joint Comprehensive Plan ...
Source: Global Times | 2018/5/13 21:18:39

Takeda's deal to buy Shire involves big dose of risk and leaves little room for error

Takeda Pharmaceutical is swallowing a big dose of risk to buy Shire. The Japanese drugmaker finally struck a deal to take control of its Irish peer, for $62 billion. It ...
Source: Global Times | 2018/5/10 21:53:43

Major shakeup needed in global credit rating sector

The credit rating industry has a history of 158 years, but it is currently dominated by three major rating agencies controlled by US capital: Standard & Poor's, Moody's and Fitch ...
Source: Global Times | 2018/5/10 21:53:43

Higher rates likely to cool price growth for homes, commercial property in HK

Higher rates are likely to calm Hong Kong's frothy property market. Interbank lending is getting more expensive after a decade-long slump, pointing to costlier mortgages and slower price growth. This ...
Source: Global Times | 2018/5/9 21:08:42

B&R projects must bear market principles in mind

When a project connected with the Belt and Road (B&R) initiative is being discussed, choosing the appropriate cooperation partners and jointly pursuing a sustainable future should be basic principles.
Source: Global Times | 2018/5/9 21:08:42

Visa restrictions would hurt US more than China

On April 30, the New York Times reported something that could be bad news for China. It said that the White House is considering adjusting the US visa policy for ...
Source: Global Times | 2018/5/8 21:03:40

Latest batch of Chinese tech stars nearly MAXD out, even with IPOs yet to come

The global investment community may not be gagging for yet another acronym, but four Chinese tech mega-startups are serving up a ready-made one: MAXD. It even spells out a cautionary ...
Source: Global Times | 2018/5/8 21:03:39

Results in Europe, North America a concern for HSBC as reliance on Asia continues

HSBC used to style itself as “the world's local bank.” It abandoned the tagline after rounds of cost-cutting put paid to global ambitions. New Chief Executive John Flint has inherited ...
Source: Global Times | 2018/5/7 21:38:40

China must keep momentum in energy revolution

In April 2018, the Central Committee of the Communist Party of China (CPC) and the State Council declared that a free trade zone would be established in Hainan by 2020, ...
Source: Global Times | 2018/5/7 21:38:39

Benefits of China's securities opening-up outweigh risks

On April 28, in order to further expand the opening-up of the securities industry and promote the construction of a high-quality capital market, the China Securities Regulatory Commission (CSRC) formally ...
Source: Global Times | 2018/5/6 20:43:40

Tesla's need for new funds growing acute as firm speeds toward capital crunch

Tesla is speeding toward capital-raising crunch time. The electric-car maker reported Wednesday a loss of $710 million in the first three months of the year. It also experienced a slew ...
Source: Global Times | 2018/5/6 20:43:39

Sainsbury's hopes to succeed where Walmart failed but will face various hurdles

Sainsbury's will try to succeed where Walmart flopped. The British grocer is buying the US retail giant's Asda subsidiary for 7.3 billion pounds ($9.9 billion) in cash and stock. Even ...
Source: Global Times | 2018/5/3 21:13:40

Globalization backs up China's new tech deployments

We're being bombarded by Twitter storms suggesting that globalization is bad, or at least it is for US manufacturing. The outcry against globalization doesn't hold water, because globalization is an ...
Source: Global Times | 2018/5/3 21:03:42

Lessons from history show that China can benefit from pursuing civil-military integration

It was not until the 21st century that China started to carry out civil-military integration. The concept involves sharing military and civilian resources and commercializing related technologies.
Source: Global Times | 2018/5/3 0:13:39

China, Japan must stand together for open trade

The fourth China-Japan high-level economic dialogue was held last month in Tokyo. This dialogue, which resumed after an eight-year pause, yielded positive results. The concerns expressed by the two sides ...
Source: Global Times | 2018/5/2 22:28:40

More efforts still needed to secure financial sector

A decade after the global financial crisis, policymakers worldwide are still assessing how best to prevent bank failures from tanking the economy again. Two recent publications – one from the ...
Source: Global Times | 2018/5/1 21:03:40