BUSINESS >>Insider's Eye

Starbucks boss seeks smoother second shot at exit, but investors will feel nervous

Howard Schultz is finally quitting Starbucks, the company he built into an iconic $80 billion global coffee brand. He's turning in his corporate email address and planning new ventures – ...
Source: Global Times | 2018/6/5 22:13:39

China must strengthen BRICS ties amid US pressure

The 10th BRICS summit will be held in Johannesburg, South Africa from July 25 to 27. The trade friction between China and the US has drawn global attention and triggered ...
Source: Global Times | 2018/6/4 21:23:40

EU divisions make it hard to build consensus in fightback against US trade moves

Pity European Union Trade Commissioner Cecilia Malmstrom. The Swedish former political science lecturer is spearheading the bloc's response to US President Donald Trump's tariffs on imported steel and aluminum. Her ...
Source: Global Times | 2018/6/4 21:23:39

Fed maintaining cautious streak despite Trump's promises to cut back on regulation

The Volcker Rule tweak reveals the cautious streak of the US Federal Reserve under Jerome Powell. Big banks hoping for an overhaul of the proprietary-trading ban will be disappointed by ...
Source: Global Times | 2018/6/3 19:23:40

US must cut benefit payments to tame growing deficit

The US has an enormous and rapidly widening budget deficit. Under existing law, the federal government must borrow $800 billion this year, and that amount will double, to $1.6 trillion, ...
Source: Global Times | 2018/5/31 20:03:39

MSCI inclusion will bring more scrutiny for China's stock market but investors may benefit

China's flabby stock market is set for a workout, as inclusion in MSCI's influential indexes brings extra foreign scrutiny. While some money will simply track the benchmark, active investors will ...
Source: Global Times | 2018/5/31 19:58:39

Democrats need policies that appeal to Trump voters

When American voters head to the polls for congressional midterm elections in November, their choices seem likely to be guided more by “pocketbook issues” than by foreign affairs or President ...
Source: Global Times | 2018/5/30 0:03:53

Political crisis in Italy will bring divided opinions over euro membership to the fore

Political turmoil in Rome has exposed Italy's euro fault line. President Sergio Mattarella on Sunday rejected a proposed anti-establishment government amid fears it could take the country out of the ...
Source: Global Times | 2018/5/30 0:03:49

Political crisis in Italy will bring divided opinions over euro membership to the fore

Political turmoil in Rome has exposed Italy's euro fault line. President Sergio Mattarella on Sunday rejected a proposed anti-establishment government amid fears it could take the country out of the ...
Source: Global Times | 2018/5/30 0:03:46

Democrats need policies that appeal to Trump voters

When American voters head to the polls for congressional midterm elections in November, their choices seem likely to be guided more by “pocketbook issues” than by foreign affairs or President ...
Source: Global Times | 2018/5/30 0:03:46

China, UK can work on finance opportunities, risks

China is a firm supporter of globalization. The Belt and Road (B&R) initiative has now connected more than 100 countries and international organizations, providing numerous public benefits and opportunities. And ...
Source: Global Times | 2018/5/29 21:13:40

Comcast can boost its chances of acquiring Fox by offering more substantial termination fee

Comcast can boost its chances of snaring Fox. The cable company is preparing to scuttle Walt Disney's $52.4 billion bid for some of Rupert Murdoch's media assets, and a major ...
Source: Global Times | 2018/5/29 21:08:39

Tax cooperation can help B&R achieve aspiration

Tax cooperation related to the Belt and Road (B&R) initiative has entered a new era. A conference related to B&R tax cooperation, recently held in Astana, capital of Kazakhstan, created ...
Source: Global Times | 2018/5/28 21:23:39

High oil prices, global supply issues mean that time is right for OPEC to open the taps again

OPEC is changing course. For the past year-and-a-half, the Organization of the Petroleum Exporting Countries and producers like Russia have diligently stuck to agreed oil supply cuts. Now Russia and ...
Source: Global Times | 2018/5/28 20:23:39

Reinventing monetary wheel won't fix sick economies

Slumps have always been boom times for monetary experiments, and the economic collapse of 2008-2009 was no different. Underlying this recurrence is the instinctive feeling that economic calamities must have ...
Source: Global Times | 2018/5/27 20:08:42

US claim that Section 232 auto probe is based on national security is clearly absurd

The White House is threatening the automotive industry with a scorched-earth gambit. President Donald Trump on Wednesday asked Commerce Secretary Wilbur Ross to consider a so-called Section 232 investigation on ...
Source: Global Times | 2018/5/27 20:08:39

Rollback of Dodd-Frank financial rules doesn't signal return to previous banking era

The first significant adjustment to post-crisis US financial regulation, passed on Tuesday, is not going to unleash financial Gomorrah. Big banks will barely notice the difference. And even if the ...
Source: Global Times | 2018/5/24 21:08:40

US decision on Iran is not all bad news for China

On May 8, US President Donald Trump announced that the US would pull out of the Iran nuclear deal. The decision means that sanctions against Iran will be resumed, including ...
Source: Global Times | 2018/5/24 21:08:40