Andy's Feed
Dec 12, 2013
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Microsoft lucky to avoid Nokia’s India tax bill

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Microsoft is lucky to dodge Nokia’s tax bill in India. On Dec. 12, the Delhi High Court allowed the Finnish group to transfer its Chennai factory to the U.S. software giant as part of its planned $7.4 billion sale of its mobile handset business. While the overall deal wasn’t in doubt, Microsoft avoids Nokia’s hard-to-assess tax liability. If only Vodafone had been so fortunate.

Dec 11, 2013
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Japan index: Abenomics momentum masks weakness

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

A second straight gain in October pushed the Breakingviews Abenomics index to its highest since the 2008 crisis. But Prime Minister Shinzo Abe must worry about the durability of the recovery. Wage gains aren’t yet large enough to compensate households for rising prices.

Dec 10, 2013
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Narendra Modi could be India’s Shinzo Abe

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Narendra Modi could be India’s Shinzo Abe. If the recent state polls are any indicator of the electorate’s mood, the opposition politician will be prime minister of the world’s largest democracy by May next year. Just like his Japanese counterpart, Modi would oversee higher asset prices and revive growth, but struggle with structural reforms.

Dec 9, 2013
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Banks’ taper rehearsal gives emerging markets hope

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The banking industry’s dress rehearsal for tapering by the Federal Reserve has given emerging markets hope.

Dec 3, 2013
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“Secular stagnation” lament revives wealth paradox

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Larry Summers reckons rich countries are suffering from long-term stagnation. If accurate, the former U.S. treasury secretary’s view is chilling. It has also revived an old, unresolved puzzle: Why doesn’t the world’s capital willingly go where it’s most needed?

Dec 2, 2013
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Bangkok’s fiscal bias fans Thai political angst

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Thailand’s turmoil has its roots in extreme inequality. The most recent protests – the latest in an ongoing political crisis – is at least partly a reflection of a deeper chasm worsened by a biased fiscal policy.

Nov 22, 2013
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Global deflation – not quite Marx’s prophecy

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Shares of profits in national incomes are soaring; those of wages are falling. It’s a recipe for corrosive and creeping deflation.

Nov 22, 2013

Global deflation – not quite Marx’s prophecy

(The author is a Reuters Breakingviews columnist. The
opinions expressed are his own)

By Andy Mukherjee

SINGAPORE, Nov 22 (Reuters Breakingviews) – Shares of
profits in national incomes are soaring; those of wages are
falling. It’s a recipe for corrosive and creeping deflation.

Nov 21, 2013
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Asia’s fear of Fed is now infecting more economies

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

After a rough summer, Asian markets are calm once again. But beneath the surface, the fear of what the Federal Reserve may do next is beginning to spread beyond India and Indonesia.

Nov 19, 2013

India in depth: Stock market turns schizophrenic

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own)

By Andy Mukherjee

SINGAPORE, Nov 19 (Reuters Breakingviews) – India’s stock market has turned schizophrenic. A small group of shares that foreigners like to own is powering ahead. The rest of the market is stuck in the doldrums, like the broader economy.

    • About Andy

      "Andy Mukherjee covers Asian economies from Singapore. He joined from The Straits Times where he was a senior writer. Andy spent eight years at Bloomberg News, the last five as an Asia columnist. In 2004, and again in 2006, he was awarded the second prize for outstanding commentary writing by the New York-based South Asian Journalists' Association. He left Bloomberg to join a start-up business television station in Mumbai where he was the executive editor until 2010. Andy has an undergraduate degree in journalism from University of Delhi."
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