BUSINESS >>Insider's Eye

Sterling’s post-election blues will be slow to lift, with uncertainty set to continue

British voters are their currency’s worst enemy. An election that produced no clear winner has knocked sterling lower, nearly a year after it was pummeled by a UK vote to ...
Source: Global Times | 2017/6/13 19:23:39

Brazilian spending cap is not a sustainable solution

Brazil’s economy has been in free fall, a casualty of years of economic mismanagement and the vast corruption scandal that has engulfed the country’s political and business establishment, and which ...
Source: Global Times | 2017/6/12 20:48:39

Startling Alibaba growth forecasts suggest Jack Ma’s data ambitions are on the right track

Jack Ma Yun’s big data ambitions have gotten a stamp of approval from investors. Shares in Alibaba rocketed up 13 percent on Thursday – the group’s biggest daily rise since ...
Source: Global Times | 2017/6/12 20:48:39

SCO will not be used by China to intervene in Indo-Pakistan disputes

The entry of India and Pakistan into the Shanghai Cooperation Organization (SCO) is likely to bring a series of changes to the organization and even to the fragile geopolitical landscape ...
Source: Global Times | 2017/6/9 9:41:51

Macron has chance to make France a better investor but the task will be complex

The French state is a curious shareholder: too active in some cases, too passive in others, and largely unconcerned about underperforming the broader market. President Emmanuel Macron has the chance ...
Source: Global Times | 2017/6/11 19:33:39

Latest GM crop report offers one-sided view

The International Service for the Acquisition of Agri-biotech Applications (ISAAA) released its annual report earlier this year, which claimed there would be long-standing benefits from biotech crops for farmers in ...
Source: Global Times | 2017/6/8 23:43:39

China can benefit from new geopolitical pattern

The world today is somewhat “broken up” in terms of geopolitics. There used to be a clear divide between the East and the West, but that changed after the disintegration ...
Source: Global Times | 2017/6/7 22:08:39

Japan, India welcome to join B&R initiative, but China need not bow to demands

The Belt and Road (B&R) project initiated by China in 2013 is open and inclusive and any countries, Japan and India included, are welcome to join, but that does not ...
Source: Global Times | 2017/6/6 22:18:39

UK political parties failing to address divisions in society that terrorists attempt to exploit

Violent attacks on civilians are designed to sow division. Troublingly, the multiple murders by militants in London’s city center on Saturday night come at a time when Britain is already ...
Source: Global Times | 2017/6/6 21:23:39

China-Russia aviation venture needs time to grow

Russia and China have formed the China-Russia Commercial Aircraft International Co (Craic) to produce a twin-aisle airliner that is seeking to break the dominance of Airbus’ A380 and the Boeing ...
Source: Global Times | 2017/6/5 19:23:39

Online retail profitable enough for Yusaku Maezawa to fund pricey art collection

Yusaku Maezawa has a tech fortune to spray around. The art-collecting entrepreneur recently paid $111 million for an untitled 1982 Jean-Michel Basquiat painting, one of the biggest sums ever spent ...
Source: Global Times | 2017/6/5 19:18:39

Dialogue needed for strong Sino-CEE cooperation

There are three ways for a country to expand global investment. The first is war, which is rarely used in modern times. The second is bilateral economic and trade cooperation, ...
Source: Global Times | 2017/6/4 19:33:39

UK rates, banking sector steady but runaway auto finance is a major concern

Britain’s credit boom is a cause for concern. Not for the obvious reasons – rates are low and the banking sector is sturdy. The issue lies with another big UK ...
Source: Global Times | 2017/6/4 19:28:39

US saving rate key to deficit, not trade policy

The US currently has a trade deficit of about $450 billion, or 2.5 percent of GDP. That means that Americans import $450 billion of goods and services more than they ...
Source: Global Times | 2017/6/1 22:13:39

Latin America should not be left out of B&R initiative

A look at the map of the regions covered by the Belt and Road (B&R) initiative shows it will extend across Asia, Europe, Africa and the Middle-East. Officially, it will ...
Source: Global Times | 2017/5/31 22:53:40

New wave of robots will be beneficial to all

In 2013 Carl Frey and Michael Osborne, researchers at Oxford University, predicted that robots would take over nearly half of US jobs. Their finding has been supported in principle by ...
Source: Global Times | 2017/5/30 22:18:39

Anil Ambani’s telecom business stuck in doldrums as sibling rivalry takes new turn

India’s Ambani brothers are never far from drama. An upstart telecom operator led by elder brother Mukesh, India’s richest man, has upended the industry. Younger brother Anil’s Reliance Communications (RCom) ...
Source: Global Times | 2017/5/30 22:13:39

Long way to go for flammable ice to be a solution

China has recently succeeded in mining flammable ice in the South China Sea, a historic breakthrough for the country’s exploitation and utilization of natural gas hydrates. This is of great ...
Source: Global Times | 2017/5/25 23:13:39