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In trade spat, China has a decided advantage

Inconsequential tariffs don’t cause trade wars; the US bankrupting China’s technology companies just might. Trade rhetoric between the countries will likely escalate, but the potential bankruptcy of ZTE Corp. after the US banned exports to the company last month could turn out to be the shot that triggers the war. China would likely respond with a strong reprisal against US ...

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Own an android phone? You might not get that loan

I have great respect for Apple, but I refuse to buy its $1,000 phones. Instead, I use a $250 Android device with a long battery life. In the emerging big data-based economy, however, that could cost me in ways I can’t even predict. A recent paper by Tobias Berg of the Frankfurt School of Finance and Management in Germany and ...

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HSBC’s hungry lions need fresh prey

Stephen and Stitt — the iconic HSBC Holdings Plc lions — are crouching and ready to pounce. Adjusted profit from Asian operations jumped 8.5 percent from a year earlier to $4.76 billion in the first-quarter results showed last week. That’s even as ho-hum performance everywhere else dragged down return on equity to an annualized rate of 7.5 percent, a drop ...

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