BUSINESS >>Insider's Eye

Uber's U-turn on taxi cooperation could herald more realistic Southeast Asia path

Uber's entire business has been predicated on flooring it right at the establishment. Co-founder Travis Kalanick once said his company was in a campaign where “the incumbent is an asshole ...
Source: Global Times | 2017/12/12 21:58:40

UK government should look for solutions from within

Nowadays, there are hazards to looking for signs of hope in the British economy. As the latest OECD forecast for 2018 and beyond shows, a cloud of gloom has descended ...
Source: Global Times | 2017/12/11 21:48:40

Bitcoin looks like speeded-up unicorn hype, but investors should consider selling

Bitcoin's meteoric rise is looking like speeded-up unicorn hype. A sheen of futurism, fear of missing out, a lack of fundamental value, and an inability of big backers to sell ...
Source: Global Times | 2017/12/11 21:43:40

Trade war with US unlikely despite ongoing friction

Recently, the US has been putting pressure on China over trade. For the first time since 1991, the US Department of Commerce launched “self-initiated” anti-dumping and countervailing investigations into imports ...
Source: Global Times | 2017/12/10 19:43:40

Sharp drop in bond yields indicates overconfidence in health of French economy

In some parts of the financial market, it's as if the eurozone debt crisis never happened. The gap between benchmark French and German bond yields last week shrank to its ...
Source: Global Times | 2017/12/10 19:43:39

Preparations needed to mitigate effects of US tax cut

Following the tax overhaul recently approved by the US Senate, the corporate tax rate in the US will drop substantially, personal income tax will also be reduced, a number of ...
Source: Global Times | 2017/12/7 22:33:40

US needs to put more into trade ties with China

On November 24, China decided to cut the import tariffs on 187 consumer goods, starting from December 1, 2017. The reduction covers a wide range of consumer goods such as ...
Source: Global Times | 2017/12/6 20:28:39

Jack Ma enlarges his payments peloton as Alipay battle with Tencent heats up

Jack Ma is pedaling headlong into China's bicycle-sharing sector. Alibaba affiliate Ant Financial just hedged its investment in Ofo with a $300 million stake in Shanghai-listed Youon. That's another 80 ...
Source: Global Times | 2017/12/6 20:23:39

Recent child abuse scandals show need for tighter preschool education rules

Not long after a case of child abuse at a nursery in Shanghai for online travel agency Ctrip employees' children, another similar scandal emerged at an RYB Education kindergarten in ...
Source: Global Times | 2017/12/5 21:18:40

Latest pay row shows bank bosses' huge remuneration is still a touchy issue in UK

The debate over bankers' pay is back with a vengeance in Britain. In one corner stands UBS Chief Executive Sergio Ermotti, who suggested that criticism of high remuneration is driven ...
Source: Global Times | 2017/12/5 21:18:39

Canada should seize opportunity for FTA with China

Canadian Prime Minister Justin Trudeau arrived in China on Sunday on a five-day official visit. Given that the US is implementing trade protectionism worldwide and trying to revise the North ...
Source: Global Times | 2017/12/4 21:13:39

Beer giants thirsty for potential in Vietnam but local brewers may be overvalued

Global giants are looking at Vietnam through beer goggles. The young, hops-happy economy is alluring for big brewers like Asahi and Anheuser-Busch InBev. Traditional markets are as dull as a ...
Source: Global Times | 2017/12/4 21:13:39

China hopes to get past obstacles in Nepal economic ties

Nepal is on the UN list of least developed countries (LDCs), and even though it has considerable potential, Chinese investors have found that it is hard to do business there. ...
Source: Global Times | 2017/12/3 22:18:39

Rio Tinto may resist ceding control of Grasberg mine but losses keep mounting

Rio Tinto holds a valuable card in a high-stakes game. As Freeport-McMoRan hammers out terms for handing over a majority stake in the Grasberg copper mine in Indonesia to Jakarta, ...
Source: Global Times | 2017/12/3 22:18:39

Oil prices hard to predict but rise seems likely

Writing about oil prices is always risky. In January 2015, I suggested that oil prices would not continue to fall and even predicted that they would “finish the year higher ...
Source: Global Times | 2017/11/30 22:08:39

China needs to make luxury goods, not just buy them

Singles' Day and Black Friday may be behind us, but this hasn't dulled the enthusiasm for shopping among Chinese buyers, particularly for luxury goods.
Source: Global Times | 2017/11/29 22:38:40

Financial opening suits both China and foreign firms

The sluice has been opened wider for torrents of foreign capital to enter China's fledgling finance industry, including commercial and investment banks, a full range of asset and equity management ...
Source: Global Times | 2017/11/28 23:13:40

China-CEEC cooperation boosting European economy

The global financial crisis and the European sovereign debt crisis have limited the EU's ability to support the development of Central and Eastern European Countries (CEECs).
Source: Global Times | 2017/11/27 22:03:39