BUSINESS >>Insider's Eye

Trade tension will bite US harder in long run

The trade friction instigated by the US was always inevitable. The move from cooperation to competition in China-US relations is not surprising, but it will cause damage for both sides. ...
Source: Global Times | 2018/8/13 20:13:40

Tesla aiming to tempt investors but buyout realities show boring companies are a safer bet

Tesla is getting a lesson in buyout realities. Elon Musk's stated desire to take the money-losing carmaker private has set Wall Street all atwitter. But Dun & Bradstreet's $5.4 billion ...
Source: Global Times | 2018/8/13 20:13:39

Pinterest may be one of last social networks to IPO game, but time is on its side

Pinterest is taking a mature approach to stock-market listings. The scrapbooking site is one of the last social networks to tap the public markets and may do so through an ...
Source: Global Times | 2018/8/12 19:58:39

China can support Arctic development as part of B&R

Media reports said that temperatures in the Arctic region have exceeded 30 C in recent days. This is bad news, but global warming could make shipping routes through the Arctic ...
Source: Global Times | 2018/8/9 22:28:40

Tesla buyout not as big a long shot as it sounds, but would need to go short on leverage

Elon Musk has set up a new diversion for the electric-car maker he runs. On Tuesday he announced on Twitter he is “considering taking Tesla private at $420. Funding secured.” ...
Source: Global Times | 2018/8/9 20:13:42

China can learn from Singapore on bigger govt role in housing policy

When a country reaches the middle and high income range, wealth redistribution and social justice emerge as important issues. Public housing in Singapore has set an example for the rest ...
Source: Global Times | 2018/8/8 20:48:28

Sterling's Brexit jitters bigger than they appear as risks have plenty of room to grow

Britain's currency is jumpier than it might look. Options prices offer investors an easy way to check expectations of how much sterling is expected to move around. The relative calm ...
Source: Global Times | 2018/8/8 20:48:27

China and Europe must cooperate in data analysis

China, Europe and the US are participants in a three-legged race. However one assesses them, these regions are the three wealthiest in the world. Given their strong positions, it makes ...
Source: Global Times | 2018/8/7 21:28:40

Heineken negotiates honorable retreat from Chinese market despite weak starting position

Heineken has found an honorable way to retreat from China. The Dutch giant on Friday announced plans to hand its business in China to China Resources Beer and take a ...
Source: Global Times | 2018/8/7 21:28:39

BRICS, B&R help Africa embrace a promising vision

While the protectionist trend in the US has shocked many world economies, Africa finds itself embracing a more promising economic vision based on respect, win-win cooperation and total integration.
Source: Global Times | 2018/8/6 21:08:39

Carney raises rates from position of weakness, but Brexit uncertainties left little choice

UK rate-setters unanimously voted to raise the policy rate to 0.75 percent from 0.5 percent. While the move was widely expected by economists, the united front was not. And even ...
Source: Global Times | 2018/8/6 21:03:39

Trump clearly out of his depth in trade talks with EU

On July 25, when US President Donald Trump appeared in front of the White House with Jean-Claude Juncker, the president of the European Commission, their joint statement and spoken remarks ...
Source: Global Times | 2018/8/5 18:58:40

Elon Musk ekes out Tesla breathing space, but needs to start churning out cash

Elon Musk has eked out some breathing space for Tesla. The $50 billion electric-car maker burned less cash last quarter. It also started cutting 9 percent of its workforce. Along ...
Source: Global Times | 2018/8/5 18:58:39

China can help Africa embrace the technical future

How can Africa embrace the Fourth Industrial Revolution? Actually, it's a good opportunity for Africa, whose population is the youngest of all continents.
Source: Global Times | 2018/8/2 22:13:40

Despite trailing hotter rivals, Baidu's core strengths shouldn't be underestimated

Baidu's core strengthening exercise has been underappreciated. The Chinese search giant delivered 45 percent earnings growth last quarter, having shed distractions like financial services and food delivery. Founder Robin Li's ...
Source: Global Times | 2018/8/2 20:53:40

Joining B&R can open up new opportunities for Japan

Recently, more and more Japanese companies have taken actions that show their positive attitude about participating in the Belt and Road (B&R) initiative, and Japanese leaders have also made some ...
Source: Global Times | 2018/8/1 21:53:40

Saudi's Aramco plan B is too clever by half, but lacks the ambition of original strategy

Mohammed bin Salman's financial engineers are earning their fees. Plans for the Saudi crown prince to spearhead a triumphant listing of domestic oil titan Aramco are on ice, but his ...
Source: Global Times | 2018/8/1 19:08:40

BP deal ticks risky boxes and bucks investor trends, but the logic behind it is sound

BP is bucking the trend. Oil investors nowadays are skeptical of pricey deals that double down on hydrocarbons. The UK oil major's $10.5 billion acquisition of BHP's US shale assets, ...
Source: Global Times | 2018/7/31 20:08:40