BUSINESS >>Insider's Eye

UK government wakes up to 3.5 billion pound downside of growing gig economy

A growing gig economy and tax system that rewards self-employment could hit the UK government’s coffers. Jobs created by the likes of Uber flatter Britain’s unemployment rate, and have helped ...
Source: Global Times | 2017/2/20 21:43:39

Intel’s drone ambition faces uphill battle against DJI

Intel’s ambition to continue its dominance over chip technology has largely flopped in the mobile Internet era. However, the US chip giant hasn’t remained stagnant but rather has been proactive ...
Source: Global Times | 2017/2/19 21:23:39

Heir’s arrest keeps Samsung off-balance and threatens to hobble big changes

There’s only so much even the most powerful executive can accomplish from behind bars. Samsung Group’s founding family heir Jay Y. Lee has been thrown into jail in an unprecedented ...
Source: Global Times | 2017/2/19 21:18:39

China’s calm necessary for globalization push

Recently Chinese President Xi Jinping stressed that China will uphold globalization and free trade. I believe this is in the best interest of the world’s nations, large or small. Happily, ...
Source: Global Times | 2017/2/16 22:43:40

China’s B&R initiative can strengthen energy ties

US President Donald Trump’s energy independence policy aims to increase domestic oil production and reduce the country’s dependence on oil imports.
Source: Global Times | 2017/2/15 21:58:40

Hollywood expansion a chance for China market

While Hollywood continues its feud with Donald Trump, with celebrities taking potshots at the new US president, the global filmmaking hub is set to harmoniously embrace wider money-making opportunities in ...
Source: Global Times | 2017/2/14 21:48:39

Why India’s sovereign ratings lag behind China

Another case of India, an emerging economy, criticizing global credit rating agencies (CRAs) for unreasonable sovereign ratings has drawn media attention. Only this time, India has chosen to compare its ...
Source: Global Times | 2017/2/13 21:18:39

US deregulation could upset China’s financial reforms

Following a wave of executive orders signed by new US President Donald Trump over a couple of weeks, he made a new move by directing the Secretary of the Treasury ...
Source: Global Times | 2017/2/12 21:38:39

China should stabilize exchange rate to hedge risks

China’s foreign exchange reserves dipped below the $3 trillion mark to $2.998 trillion in January for the first time in nearly six years. Meanwhile the yuan strengthened in January, with ...
Source: Global Times | 2017/2/9 23:53:39

China bankers have become an asset with diminishing returns for foreign firms

Chinese rainmakers are becoming a headache. Global banks still need them to navigate the country’s corporate waters. But sudden disappearances of corporate and financial tycoons make high-flying staff a risky ...
Source: Global Times | 2017/2/9 23:48:40

The global economy’s surprising resilience

Disconcerting political developments in the US and the UK might lead one to conclude that an already challenged world economy will struggle even more in the near term. But as ...
Source: Global Times | 2017/2/8 20:23:39

Silicon Valley fights for its life in legal battle against Donald Trump’s travel ban

Silicon Valley is fighting for its life on immigration. Over 100 tech firms, including Google, Facebook and Apple, have joined the legal battle against President Donald Trump’s executive order temporarily ...
Source: Global Times | 2017/2/8 20:18:39

New wave of globalization requires cooperation

The recurring wave of anti-globalization in the past two years is generally considered to be a result of the rise in protectionism. In fact, this trend can be viewed as ...
Source: Global Times | 2017/2/7 20:58:39

Disney boss risks overstaying welcome as departure gets delayed for third time

Bob Iger may swing for a three-peat. The Walt Disney chief executive is considering delaying for the third time his departure from atop the House of Mouse. It’s a sign ...
Source: Global Times | 2017/2/7 20:53:39

Interpretations for PBC rate hike are flawed

The People’s Bank of China (PBC), China’s central bank, surprisingly raised a series of money market interest rates on Friday. This move came on the first working day after the ...
Source: Global Times | 2017/2/6 20:23:39

Greece in a mess but not at the brink of defaulting on debts if rationality prevails

Who benefits if Greece defaults on its debts? Neither its creditors nor its obstreperous government. That is the best reason to hope that tense talks on whether the country deserves ...
Source: Global Times | 2017/2/6 20:18:39

China set to power its future with green tech advances

China has been moving toward a more sustainable future based on electrical power. Even so, China has invested in new highly efficient coal-fired power stations to the dismay of those ...
Source: Global Times | 2017/2/5 19:03:39

India state firm fusion plan in the oil sector is a risky marriage of convenience

India may see bigger as easier. Tucked into the budget released on Wednesday was a plan to create national champions, starting in the oil sector. The idea pairs industrial logic ...
Source: Global Times | 2017/2/5 18:58:39