Oct 27, 2014 07:09 UTC

Missed stock connection hurts China’s reform drive

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By Peter Thal Larsen

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

China’s financial reform drive has suffered another setback. A flagship scheme to link the Hong Kong and Shanghai stock exchanges has been delayed after regulators failed to approve it ahead of an expected launch on Oct. 27. The setback puts another question mark over why foreign investors would want to access China’s markets in the first place.

Oct 24, 2014 16:32 UTC

Review: World needs agreed ground rules for peace

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By Martin Hutchinson

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

Henry Kissinger argues in “World Order” that the world needs agreed ground rules as a precondition for achieving peace. The prevailing approach in the West, derived from the 1648 Treaty of Westphalia, of nation states with limited conflicts isn’t reflected in the traditions of emerging nations like China or India. However the 1814 Vienna Congress’s innovation of allowing intervention of great powers only to protect stability might work better.

Oct 24, 2014 15:53 UTC

Zuckerberg’s Chinese chat leaves CEOs tongue-tied

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By Katrina Hamlin

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

Mark Zuckerberg may spend his days running a $200 billion internet giant, but somehow he found the time to pick up Chinese. The Facebook founder surprised and delighted his hosts by answering questions in Mandarin during a visit to Beijing on Oct. 22. Other corporate chiefs may feel pressure to do the same.

Oct 24, 2014 07:23 UTC

Zuckerberg’s Chinese chat leaves CEOs tongue-tied

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By Katrina Hamlin

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

Mark Zuckerberg may spend his days running a $200 billion internet giant, but somehow he found the time to pick up Chinese. The Facebook founder surprised and delighted his hosts by answering questions in Mandarin during a visit to Beijing on Oct. 22. Other corporate chiefs may feel pressure to do the same.

COMMENT

Reminds me of this “joke”:
Knows 3 languages: European
Knows 2 languages: Asian
Knows only 1 language: American. . .

Posted by Barricade | Report as abusive
Oct 23, 2014 06:24 UTC

Robots may spell “Control-Alt-Delete” for workers

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By Andy Mukherjee

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

Human beings can never run out of work. Adam Smith held that cheery view, and so far he has been proved right. But can the invisible hand match up to the robotic arm? About 47 percent of existing U.S. jobs are at risk from computerisation, according to an Oxford University study published last year. If wage incomes were to disappear in a short time, the results could be cataclysmic for prosperity and peace.

COMMENT

If true, there will be a large upper class and large lower class, not much middle class. Lower class will find jobs giving the rich massages, sex, and butlers.

Hopefully robots will take over fast food and fruit/vegetable picking SOON. That’ll end the liberal politicing over them.

Posted by Factoidz | Report as abusive
Oct 23, 2014 05:58 UTC

China’s capital defences have sprung a major leak

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By John Foley

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

China’s strict capital controls are designed to shield the economy from flighty foreign money. In practice, they haven’t stopped a tremendous build up of fickle cash from abroad. There’s enough to create a serious nuisance if it starts to flow the other way.

Oct 22, 2014 17:28 UTC

China’s capital defences have sprung a major leak

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By John Foley

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

China’s strict capital controls are designed to shield the economy from flighty foreign money. In practice, they haven’t stopped a tremendous build up of fickle cash from abroad. There’s enough to create a serious nuisance if it starts to flow the other way.

Oct 21, 2014 13:43 UTC

FX business now shares equities’ harsh economics

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By Dominic Elliott

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

Currency trading is taking over from equities as the challenged business in investment banking. Resurgent volatility in foreign exchange markets during September and October is unlikely to offer more than a temporary respite for the business.

Oct 21, 2014 07:18 UTC

Hong Kong tycoons can be part of protest solution

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By Una Galani

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

Hong Kong’s tycoons could be part of ending the standoff with pro-democracy activists. The city’s business leaders have an outsize influence over local politics. Relaxing their grip on special corporate votes could ease divisions over electoral reform as well as tensions over rampant inequality.

Oct 20, 2014 07:38 UTC

Abenomics hits a speed bump, not a road block

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By Peter Thal Larsen

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

Shinzo Abe’s plan to lure more women into the Japanese workforce just suffered a symbolic but high-profile setback. Two female ministers resigned on Oct. 20 just two months after they were elevated in a cabinet reshuffle. It’s another headache for the current Japanese prime minister, who is already grappling with stuttering economic growth. Yet some of his other reforms are moving ahead.