Feb 17, 2014 04:40 UTC

India graft baiter’s exit raises political risk

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By Andy Mukherjee

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

India’s anti-graft crusader has beaten a hasty retreat from political power. That makes the country riskier for investors.

Feb 14, 2014 04:53 UTC

From soccer pitch, lessons on Chinese tycoon risks

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By Una Galani

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

Chinese investors are setting their sights on trophy assets in the West, and soccer teams look like fair game. The case of English football club Birmingham City, whose main shareholder and former president just sold a stake to an obscure Chinese company, offers a cautionary tale. Big personalities make risky shareholders, but China brings extra anxieties.

Feb 13, 2014 06:36 UTC

Privatisations a bright spot for gloomy Aussie M&A

By Una Galani

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

Privatisation is a bright spot in what looks to be an otherwise dreary year for Australian dealmakers. The country is set for a flurry of activity as cash-constrained local governments prepare to flog existing infrastructure assets in order to fund new projects and create jobs.

Feb 13, 2014 02:42 UTC

Alibaba tests the limits of non-bank banking

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By John Foley

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

Alibaba isn’t a bank. But for customers it’s getting hard to tell the difference. Users of China’s dominant e-commerce website can now deposit funds, make investments, take out loans and even give out gifts of virtual cash. In taking on China’s lenders, Alibaba and its online rivals may be taking on bank-like risk.

Feb 12, 2014 12:17 UTC

Markets may flare again without Fed and ECB hoses

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By Ian Campbell

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

After a January in which emerging-economy fires blew smoke into investors’ eyes, markets are calm again. Somewhat dovish noises from Janet Yellen, the new chair of the U.S. Federal Reserve, have, at first, reassured. But there are good reasons to worry.

Feb 12, 2014 07:25 UTC

Alibaba tests the limits of non-bank banking

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By John Foley

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

Alibaba isn’t a bank. But for customers it’s getting hard to tell the difference. Users of China’s dominant e-commerce website can now deposit funds, make investments, take out loans and even give out gifts of virtual cash. In taking on China’s lenders, Alibaba and its online rivals may be taking on bank-like risk.

Feb 11, 2014 06:41 UTC

Alibaba’s $1.6 bln map deal fuels online land grab

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By Robyn Mak and John Foley 

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

Alibaba’s purchase of AutoNavi is a land-grab, in two senses. The Chinese e-commerce group has offered a premium price to buy out the 72 percent of the U.S.-listed mapping company it doesn’t already own, valuing the whole thing at $1.6 billion. There’s a compelling competitive reason for Alibaba to get deeper into online maps, but what’s hard to locate is the financial rationale.

Feb 11, 2014 02:09 UTC

Japan index: Trade gap, muted wages raise risks

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By Andy Mukherjee

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

The Breakingviews Abenomics Index improved for the fourth straight month in December. But it masks two risks. A vanishing current account surplus means relying on foreigners to finance bloated public spending. Besides, struggling wage growth could stall private consumption.

Feb 10, 2014 06:22 UTC

Age shifts weaken global economy’s shock absorbers

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By Andy Mukherjee

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

The world economy has become more fragile. And it’s not just that the stimulus-driven recovery from the 2008 crisis has been anaemic and incomplete. Another worrying trend is the shift in the age structure of the global population which may have eroded some of the crucial shock absorbers.

Feb 7, 2014 16:06 UTC

Welcome to Sochi, Putin’s Potemkin village

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By Pierre Briançon

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

Sochi may become a metaphor for modern-day Russia, but not the one Vladimir Putin was thinking of. The Russian president made the Winter Olympics a personal project, designed to showcase his country’s ability to compete in prestige with the world’s major powers. It has not worked out as he wished.