BUSINESS >>Insider's Eye

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

US must fight low savings rate with legislation

The US needs new policies to raise the household savings rate. From 1960 to 1980, the household savings rate ranged between 10-13 percent of after-tax income, providing funds for investment ...
Source: Global Times | 2018/7/31 20:08:39

As Amazon relies less on online stores, new areas of business will drive profit growth

Amazon's growth is leaving the shop behind. Jeff Bezos's outfit now gets just over half its revenue from its online stores, down from two-thirds two years ago. E-commerce is still ...
Source: Global Times | 2018/7/30 22:58:39

Collaboration can increase understanding of B&R

The Belt and Road (B&R) initiative was proposed by China almost five years ago. After some cultural and economic conflicts, some foreign media and the public have begun to raise ...
Source: Global Times | 2018/7/30 22:43:39

'Triple punch' policies to bring years of trade tensions

US President Donald Trump has adopted a hard-line trade policy and recklessly instigated the trade conflict with China. This is the result of a combination of adjustments to his trade, ...
Source: Global Times | 2018/7/29 20:18:39

Deutsche Bank will struggle to clear low bar following better-than-feared Q2 results

Deutsche Bank's actual second-quarter numbers are a reminder that it has a semi-permanent residency in the doghouse. Chief Executive Christian Sewing's surprise July 16 pre-release of the German bank's numbers ...
Source: Global Times | 2018/7/29 20:13:40

Chinese firms must tailor LAC projects to local needs

Mexico held its presidential election on July 1, and the left leaning candidate Andres Manuel Lopez Obrador was elected. Lopez Obrador has expressed his willingness to explore cooperation opportunities with ...
Source: Global Times | 2018/7/26 23:13:41

Advertising imperative means that Facebook, Twitter will stay stuck in the swamp

Facebook and Twitter want to be like vibrant town squares, bustling with conversation and opinions of all stripes. Instead they look like swampy quagmires, where misinformation and bullying abound. Lawmakers ...
Source: Global Times | 2018/7/26 23:13:40

Alphabet profit machine appears unstoppable, despite best efforts of EU regulators

Europe can't stop the Alphabet profit machine. Regulators have tried to throw sand in the gears of the internet goliath, but blowout quarterly figures show Google's parent is in a ...
Source: Global Times | 2018/7/25 22:38:40

Multilateral trade system vital for global economy

Globalization and multilateralism have been powerful trends in the world for the last few decades, helping to create well-being and living standards for human society that have never been seen ...
Source: Global Times | 2018/7/25 22:38:40