BUSINESS >>Insider's Eye

China's job market doldrums deserve greater attention

There has been unprecedented attention given to employment at this year's two sessions, with the Government Work Report released last week elevating the employment-first policy to the status of a ...
Source: Global Times | 2019/3/14 16:08:40

Everything app Meituan Dianping drives itself to distraction with costly side ventures

Meituan Dianping has driven, and pedaled, itself to distraction. The $42 billion Chinese super-app operator grew the top line by an impressive 89 percent in the fourth quarter, as its ...
Source: Global Times | 2019/3/14 16:03:40

Boeing needs to move faster than FAA as reputational damage could cost more

Boeing may need to ground its own aircraft. Europeans joined the Chinese and others in suspending flights of the 737 Max 8 after two crashes in recent months, and two ...
Source: Global Times | 2019/3/13 19:58:44

TikTok case shows Chinese firms can't neglect FTC rules

After a near three-year investigation, the US Federal Trade Commission (FTC) recently announced that short-form video app TikTok, also known as Douyin in China, has agreed to pay $5.7 million ...
Source: Global Times | 2019/3/12 20:38:40

Norway keeps climate change watchers on tenterhooks by dumping $7 billion fuel stocks

Norway has taken a step in the right direction, but then slipped on an oily patch. Oslo on Friday finally answered a question that had kept climate change watchers on ...
Source: Global Times | 2019/3/12 20:33:41

Investors need more proof on Melrose not missing magic touch over GKN acquisition

Melrose Industries' magic touch is missing from its latest deal. The UK engineer, which swallowed 8 billion pound ($10.41 billion) rival GKN last year, boosted sales and margins without slashing ...
Source: Global Times | 2019/3/11 15:53:40

Mizuho's harsh medicine gives taste of Japan's banking sector ills from ultra-loose monetary policy

Mizuho's harsh medicine gives investors a taste of Japanese banking ills. The country's second-biggest lender by assets took a $6 billion hit and slashed its annual profit forecast on Wednesday ...
Source: Global Times | 2019/3/10 16:38:40

Economic outlook in 2019 hinges on US uncertainties

Following the synchronized global economic expansion of 2017, last year was marked by asynchronous growth. With the exception of the US, many countries experienced slowdowns. Concerns over US inflation, the ...
Source: Global Times | 2019/3/10 16:36:39

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