Jan 9, 2014 05:23 UTC

Difficult second coming pays off for Chinese IPOs

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By John Foley 

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

Free money, anyone? China’s equity markets have just reopened after a fourteen-month hiatus, starting with a batch of eight companies planning initial public offerings in the week ending Jan. 10. With so much pent-up demand, and rules in place to protect investors from losses, exuberance is inevitable. But better to have frothy IPOs than none at all.

Jan 8, 2014 05:35 UTC

China conducts monetary policy in the shadows

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By John Foley 

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

China is engaging in a shadowy version of monetary policy. Recent tinkering by the People’s Bank of China, which has pushed up rates, looks targeted at parts of the “shadow banking” sector. This kind of variegated tightening might just work, simply because China’s financial system is so dysfunctional.

Jan 7, 2014 14:23 UTC
Edward Hadas

Turkey caught in vicious politico-financial circle

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By Edward Hadas

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

Until a few months ago, the strength of Turkey’s politics just about balanced out its weak finances. Sadly and worryingly, the Middle East’s most important country has lost its equilibrium.

Jan 3, 2014 15:33 UTC

The chilling echoes of 1914, a century on

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By Martin Hutchinson

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

A rerun of 1914’s descent into global war is really rather unlikely. But some of the danger of a hundred years ago is present today.

Jan 3, 2014 07:09 UTC

India’s Common Man Party is investors’ frenemy

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By Andy Mukherjee

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

The sudden rise of India’s self-professed “anti-establishment” party is making seasoned politicians nervous. Investors, meanwhile, view the dramatic ascent of the Aam Aadmi – Common Man Party – with a mixture of awe and suspicion.

Jan 2, 2014 05:45 UTC

Small tech best placed to take on Big Brother

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By Katrina Hamlin

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

Feeling insecure? So are companies everywhere. The lesson of 2013 was that there are grievous flaws in security systems once thought virtually impenetrable. Business needs better protection. The most credible providers may be smaller tech players.

Jan 2, 2014 04:26 UTC
Breakingviews Columnists

Predictions 2014: Reversals and Revivals

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By Breakingviews columnists

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

Breakingviews’ annual compendium of financial foresight sets the agenda for the next 12 months. From Wall Street to the Great Wall, who has most potential to surprise, where are markets heading, and which are the companies to watch? Plus, we predict the winner of soccer’s World Cup.

Dec 31, 2013 15:19 UTC
Breakingviews Columnists

Who packs the biggest power to surprise in 2014?

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By Breakingviews columnists

The opinions expressed are the authors’ own.

Difficult jobs abound in the global economy, finance and business in the coming year. But so do incredibly low expectations. That means getting it right could mint legacies, and surprise investors in a good way.

Think of politicians like Brazil’s Dilma Rousseff, who is about to host the world’s biggest sporting event of the year, the soccer World Cup; or John Boehner, the speaker of the U.S. House of Representatives, an institution with one of the worst public approval ratings in history. Equally, there are a few chief executives who could defy the current consensus, such as the bosses at Deutsche Bank, Barclays or Microsoft. Herewith, Breakingviews columnists compile a list of those who might surprise us.

Dec 31, 2013 07:48 UTC

Local audit highlights China’s debt dilemma

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By Peter Thal Larsen 

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

China is being a bit more precise about its debt problem. A long-awaited audit of local government borrowing shows that provinces, towns and villages collectively owed 17.9 trillion yuan ($2.96 trillion) at the end of June, including contingent liabilities. The state will now have to decide which of those debts it wants to stand behind. Its approach will offer some hints about the importance of leverage for China’s economic growth.

Dec 31, 2013 03:47 UTC

China index: Slowdown looks home-grown

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By Katrina Hamlin

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

China’s economy decelerated further in November, according to Breakingviews’ alternative index. Lower truck sales, steel output and rail freight volumes suggest sluggish demand. House prices and pollution were up, but their contribution is a sign that growth is far from healthy.