Phenny Lynn Palec

Phenny Lynn Palec
Writer
Phenny Lynn Palec finished her Bachelors degree in Journalism in 2007. She has worked for online news publication for years. Phenny now is an economy news writer for Business Times.

The Latest

  • After Jebi, Typhoon Trami Leaves Hundreds Injured in Japan
    Typhoon Trami
    Barely a month after Typhoon Jebi pounded Japan with devastating winds, the country was once again beset with yet another powerful typhoon. With an international name of Trami, the latest typhoon to hit Japan on September 30 left dozens injured and brought transport to a grinding halt. Typhoon Trami brought powerful winds and torrential rains, both were deemed causes of landslides and floods.
  • Market Should Focus on Data, Not Forcast, Fed Chairman Says
    U.S. Federal Reserve Chairman Jerome Powell
    Federal Reserve Chairman Jerome Powell has recently gave a scathing statement for the financial industry. Mr. Powell said that the industry should pay more attention to data regarding wages, jobs, and inflation in order to have an idea on what monetary policy are to be adopted rather than take the United States central bank’s forecasts.
  • Edinburgh Hosts First MeetGB China
    U.K., Scotland, E.U. Flag
    The inaugural MeetGB China was recently confirmed to be hosted by the Scottish capital city of Edinburgh. The event is expected to host Chinese businesses and encourage them to pick the United Kingdom as their first choice of destination when hosting international conferences.
  • 'Maritime Silk Road' Now Operational in Bosnia
    COSCO and China Shipping
    COSCO, widely considered as China’s largest state-owned shipping company, have recently opened its first branch in the Bosnian capital city of Sarajevo. This new shipping project is part of China’s “Maritime Silk Road” which aims to create a sea route that will connect China to Southeast Asia, Europe, Oceania, and North Africa.
  • U.S. Warship Denied Visit to Hong Kong as Tension With China Rises
    USS Ronald Reagan
    Beijing turned down an American Warships request to visit Hong Kong next month. China cancelled United States assault ship, the Wasp, carrying marine soldiers following the country’s decision to recall Shen Jinlong, a Chinese military naval commander who was in the United States attending a naval conference.
  • JPMorgan CEO: China-U.S. Trade War Will Hurt U.S. Economy
    BAD JOKE?
    The ongoing trade war between two of the world’s biggest economies have not only hurt their own markets but also smaller markets that rely on them for trade. Recently, J.P. Morgan Chief Executive Officer Jamie Dimon slammed United States President Donald Trump’s decision to engage China in a bitter trade war. Mr. Dimon said that the trade war will bring huge problem for American companies.
  • China is Nike's Most Profitable Market
    Nike Shoes
    Nike has recently reported that its business is booming in China. The sports brand giant reported that its second quarter revenue amounts to $1.38 billion, and that is from the Greater China region alone. This is the 17th consecutive quarter that Nike posted a double digit sales growth.
  • Amazon Opens Store Dedicated to 4-Star Items
    Amazon logo
    Retail giant Amazon recently announced that the company is opening a new store called “Amazon 4-Star.” The store is located in New York’s SoHo neighborhood. This new store will offer Amazon Prime members the same pricing as on its website.
  • Chinese Business Schools Embrace Global Standards
    Members of JD.com's VIP delivery team
    The China Europe International Business School (CEIBS) is widely considered as one of the most successful business schools in China. Considering its European roots, CEIBS is viewed by many experts as a testament to China’s embrace to globalization especially in the business education industry.
  • China, Iran Ministers Talk Nuke Issues in Meet
    Iran nuclear deal
    China’s State Councillor and Foreign Minister Yi and Iranian Foreign Minister Mohammad Javad Zarif met on Monday to discuss the bilateral commitment to the international deal on the issues concerning Iran’s nuke.
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