BUSINESS >>Insider's Eye

BOJ walking a tightrope with interest rates means treading carefully to avoid global turmoil

What's the biggest threat to global markets in the coming year? It's not a rise in US interest rates, or the end of the European Central Bank's bond buying. Rather, ...
Source: Global Times | 2018/12/26 14:33:13

Structural changes needed for infrastructure investment in China

Large-scale infrastructure investment used to be a panacea for China's economic development, which was in urgent need of a large number of roads, railways, airports, bridges and power facilities in ...
Source: Global Times | 2018/12/26 14:28:39

China's nominal wage doubles from 2011 to 2018

It's now official: workers around the world are falling behind. The International Labor Organization's (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual ...
Source: Global Times | 2018/12/25 17:46:31

New retailer Amazon and old-school Walmart mirror one another while morphing

Two behemoth retailers are beginning to morph. Amazon founder Jeff Bezos is changing the e-commerce company by selling shelf space, opening stores and launching catalogs. Old-school rival Walmart, meanwhile, has ...
Source: Global Times | 2018/12/25 17:46:26

Global beauty product market has plenty of room to expand with new innovations

Asia's “glamazons” can apply a dash of Western color. Johnson & Johnson, L'Oreal and other giants have splashed out on cutting-edge cosmetics in Japan and Korea, seeking clout and innovation. ...
Source: Global Times | 2018/12/24 16:18:14

Trade war, technological war, where will tensions end?

The US-China technology war hype started after the ZTE case came to surface. There has been no doubt that US intention of starting trade war is beyond trade frictions. It ...
Source: Global Times | 2018/12/24 16:08:39

Right solutions can bring out China's growth potential

Many unexpected things have happened this year. The UK's Brexit chaos, the European refugee crisis and the China-US trade war have caused uncertainty and have contributed to the economic difficulties ...
Source: Global Times | 2018/12/23 18:15:28

Fed rate hike leaves Powell exposed in multiple ways with 2019 set to be a difficult year

The latest Federal Reserve credit tightening leaves Jerome Powell exposed in multiple ways. The US central bank raised rates on Wednesday despite criticism from President Donald Trump. Slowing growth and ...
Source: Global Times | 2018/12/23 18:15:23

Goldman Sachs will spend 2019 hoping that 1MDB scandal doesn't ruin everything

The new Goldman Sachs boss, David Solomon, has one of Wall Street's most prestigious jobs, but he also has something to prove. This could be the first year in over ...
Source: Global Times | 2018/12/20 19:33:41

China puts NEVs in fast lane with delegation of power

China's central government has delegated the authority to approve new-energy vehicle (NEV) projects to provincial governments, an apparent attempt to nurture an industry that has both huge market potential and ...
Source: Global Times | 2018/12/19 23:10:12

Indian unicorns likely to reap massive rewards from advancing into foreign markets

Indian unicorns will feast on richer pastures in 2019. Restaurant search firm Zomato, ride-hailing firm Ola and hotel-rooms aggregator Oyo are leading the charge overseas by the country's largest tech ...
Source: Global Times | 2018/12/19 19:48:40

Cooperation in Africa can increase China-US trust

On December 13, the Trump administration unveiled the new US strategy for Africa, which shifts the nation's priority on the continent from one of counterterrorism to one of competition against ...
Source: Global Times | 2018/12/19 18:34:29

Closer ties would benefit both China and Malaysia

For two countries as linguistically and culturally interlinked as China and Malaysia, there should be closer tourism and commercial ties. This was the conclusion I reached after a recent trip ...
Source: Global Times | 2018/12/18 18:57:38

Johnson & Johnson in danger of becoming cautionary tale as asbestos scandal gathers steam

Johnson & Johnson's talc crisis will linger for years. Investors erased $40 billion of its market value on Friday, after Reuters revealed the US healthcare giant knew for decades its ...
Source: Global Times | 2018/12/18 18:51:30

Italy makes concessions to EU as capital flight increases, but tensions may resume

Spooked by hostile markets, Rome's anti-austerity government is offering to trim its 2019 budget deficit goal by 0.4 percent of GDP. The U-turn may help Italy escape damaging EU fines. ...
Source: Global Times | 2018/12/17 19:23:39

Slowdown may last until support policies kick in

A slew of worse-than-expected data for China's economy in November was recently released, and some of the difficulties are expected to continue next year.
Source: Global Times | 2018/12/17 19:18:40

AIIB should broaden horizons to gain global impact

The Asian Infrastructure Investment bank (AIIB) has had global ambitions ever since its establishment in December 2015. The bank has “three global goals” – global recruitment, global procurement and global ...
Source: Global Times | 2018/12/16 21:07:34

Drinks giant Pernod lagging behind Diageo but with better governance it could catch up

It's getting increasingly crowded at the bar for shareholder activists in Europe, but it's still possible to get a good drink. Elliott Advisors, the US hedge fund manager, has found ...
Source: Global Times | 2018/12/16 19:58:40