The Strategist
Markets & Industries

Chinese banks disguise loans as investments - 12/08/2016

According to The Wall Street Journal, citing data from Wind Information research company, increasingly more Chinese banks are funding various projects. The problem is that many of them are not indicating the granted sums as loans. A good example here is Bank of Nanjing, which allocated $ 29 billion for construction of a residential complex in the town of Haimen. The bank showed the money not as a...

What to expect from wearable tech market in 2017 - 12/01/2016

According to IDC, shipments of smart watches declined by 51.6% in the III quarter 2016 yoy. Apple sold 1.1 million units, 71.6% less than in 2015. Three major producers have experienced a steep fall in this segment. Shipments of Garmin soared 324.2% on an annualized basis, up to 600 thousand pieces. In sales terms, the company took second place after Apple. The growth was driven by advent of...

Analyst: euro-dollar parity will shock the US and Europe - 12/01/2016

Both sides of the Atlantic may soon face a perfect storm that could push value of the euro to the lowest level in 15 years. By the next autumn, four largest member states of the Eurozone will determine whether wave of populists and anti-globalists will wash away foundations of centrist government. Italian Prime Minister Matteo Renzi has tied his political fate to the constitutional reform...

IDC predicts stagnation in the smartphone market - 11/30/2016

Global smartphone shipments in 2016 are likely to rise by 0.6% after 10.4% - jump in 2015. Only a few years ago, in 2012, the growth rate was 47%, says new report of research firm International Data Corp. (IDC). At that, sales are expected to set a new record of around 1.45 billion units. Growth will persist in some regions of China, India, Indonesia and other developing countries, as new users...

Black Friday attracted more shoppers yet earned less money - 11/28/2016

According to preliminary data of the US National Retail Federation (NRF), this year’s sales started with a larger number of active consumers. However, aggressive discounts and revitalization of online shopping have already resulted in a smaller purchase size. According to the NRF, number of Americans who came to offline regular stores during "Black Friday 2016" was 99 million people, compared to...

Chinese tourism market is preparing for two major deals - 11/24/2016

Chinese travel company Ctrip.com International announced $ 1.74 billion-worth purchase of Skyscanner Holdings Limited, which owns Scottish online tickets service. The transaction is expected to be closed in late 2016. According to Ctrip.com International, the company signed an agreement with main part of Skyscanner Holdings Limited’s shareholders. The deal’s terms imply that the Chinese company...

Moody's is optimistic about Greek banks - 11/22/2016

International rating agency Moody's rated the Greek banking system as "stable". The outlook was adjusted due to expectations of improvements in performance and funding of the country's financial organization, in spite of bad loans and limited opportunities for lending.  "We expect that Greek banks will return to small profit in 2016-17 years thanks to substantially lower deductions for...

The train of the future; being ahead of its time in sustainable transportation - 11/17/2016

Rail transportation is commonly accepted as greener than travel by road; trains and tramways could be considered as the first means of sustainable mobility. For a century, a lot of progress has been made, but there is still room for further progress and improvement.

Texas: a new petroleum Klondike - 11/17/2016

The US Geological Survey discovered of a huge gas field in Texas, which could become the largest in the country. Oil reserves there could reach 20 billion barrels, gas - 453 billion cubic meters, gas condensate - 1.6 billion cubic meters. According to the US Geological Service (USGS)’s estimates, Wolfcamp could become the largest oil and gas field operating in the US. "We were able to make...

BNP is the most profitable European bank in the United States - 11/16/2016

US branch of BNP Paribas SA bank became the most profitable among the European investment banks during the first nine months of this year, according to the company's statement to the US regulators, says Bloomberg. American branch of BNP Paribas - France's largest bank - reported profit before tax of $ 958 million on revenue of $ 3.87 billion, the bank’s reporting show. Previously, the Fed has...
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