NEW DELHI—The year 2021 saw China gaining a smaller share of global supply chain investments, compared with the previous year, while India turned out to be a beneficiary of global companies looking for alternate manufacturing locations. Global trends, geopolitical rivalries, and India’s national economic policies for self-reliance are likely to ensure that this trend will…
India Scoops up Supply Chain Stakes at China’s Expense, Analyst Sees Sustainable Water Solutions as Key
Japan’s SoftBank Sinks Into Losses Over China Investments
November 8, 2021
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Asia & PacificBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesEconomiesInvestmentinvestmentsJapanlossesMarketsSoftbankTechTech NewsWorld
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TOKYO—SoftBank Group Corp. sank into red ink for the July-September period, dragged down by losses on its investments in China, the Japanese technology conglomerate said Monday. SoftBank reported a 397.9 billion yen ($3.5 billion) loss for the fiscal second quarter, compared to a 627 billion yen profit recorded the same period the previous year. Quarterly…
Be Afraid of Big Banks and Government Seeking to Direct Businesses and Personal Financial Decisions
Commentary One of the subtlest and most perfidious paths through which the cabal of elitist activists, industrial and commercial interests, and national and international politicians and bureaucrats are trying to “reset” capitalism to prioritize “woke” social justice and green priorities is through the co-opting and takeover of global capital markets: banks, insurance, and stock and…
Australia Open to China Investors but Security Issues Crucial: FIRB
SYDNEY—Australia is not shut to Chinese investors but national security concerns and the protection of critical infrastructure are now key factors determining deal approvals, the head of its Foreign Investment and Review Board (FIRB) said on Thursday. Chinese investment in Australia has fallen by over 50 percent to about A$12 billion ($8.86 billion) over the…
SAP Lifts Full-Year Outlook as More Customers Shift to Cloud
STOCKHOLM—German business software group SAP raised its full-year outlook for a third time on the back of a strong showing in the third quarter as more customers shift their IT operations to the cloud. SAP now expects cloud revenue to grow by 16 percent-19 percent in the year as a whole, helping its overall cloud…
Leaked ‘Pandora’ Records Show How the Powerful Shield Assets
A new report sheds light on how world leaders, powerful politicians, billionaires, and others have used offshore accounts to shield assets collectively worth trillions of dollars over the past quarter-century. The report by the International Consortium of Investigative Journalists brought promises of tax reform and demands for resignations and investigations, as well as explanations and…
AT&T Anticipates Pending Warnermedia-Discovery Deal to Close by Mid-2022
Telecoms company AT&T said it anticipates that the pending deal to combine WarnerMedia’s media assets with Discovery Inc. will close by the middle of 2022. AT&T is in the process of unwinding its expensive media investments to focus on its original business of providing phone and internet services. It is combining WarnerMedia’s media assets with…
Soros Says BlackRock’s China Investments Likely to Lose Money: WSJ
September 7, 2021
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Billionaire investor George Soros said BlackRock investing billions of dollars into China now is a “mistake” and will likely lose money for the asset manager’s clients, according to an opinion piece in The Wall Street Journal. “Pouring billions of dollars into China now is a tragic mistake,” Soros wrote in the op-ed. “It is likely…
How to Get the Most out of Your Rental Property Investments
By Sean Miller It might not seem like the perfect time to invest in rental property considering current real estate trends indicate we’re in a seller’s market, but now might very well be. According to HousingWire, property appreciation was double its already healthy rate in 2020, and there are plenty of indications that home values will continue to…
West Bolsters Global Infrastructure Investment in Bid to Counter China’s BRI
August 5, 2021
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BRIBusiness & EconomyChinaChinese RegimeFinance & Business TiesGlobal ExpansionInternational RelationsinvestmentsSpecial TopicsUS-China relations
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News Analysis Western nations are increasing global infrastructure cooperation in a bid to counter Beijing’s massive “New Silk Road” project, also known as the Belt and Road Initiative. As allied democracies reassess their commitment to infrastructure investment plans, experts warn that their budgets are insignificant compared with Beijing’s global infrastructure spending. Chinese leader Xi Jinping…
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