Nov 27, 2013 03:11 UTC

How Cinda squares China’s debt triangles

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By John Foley

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

China Cinda has spotted a clever arbitrage. The Chinese “bad bank”, which is revving up for a Hong Kong initial public offering (IPO), has recently been doing brisk business by borrowing cheaply from other banks and using those funds to buy up companies’ short-term loans to each other. In doing so, it has found a way to square China’s dreaded “debt triangles”.

Nov 25, 2013 07:03 UTC

Iran deal offers the world a ray of hope

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By Una Galani

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

Iran’s nuclear deal offers the world a ray of hope. It won’t be easy to turn the agreement to curb Tehran’s nuclear activities from a six-month accord into a lasting solution that assures the world the country’s nuclear programme is peaceful. But the resulting diplomatic goodwill should make it harder to go backwards.

Nov 22, 2013 03:15 UTC

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 21, 2013 01:54 UTC

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 20, 2013 05:43 UTC

Chinese “fixers” speak to Wall Street weakness

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By John Foley 

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

Wall Street banks used to argue privately that hiring consultants in China was the only way to get ahead. Now their worth is under the spotlight, after the New York Times reported that JPMorgan Chase paid $1.8 million to a two-person consultancy run by the daughter of Wen Jiabao, then China’s premier. The real mystery is why banks that have been in China for so long still need the extra help.

Nov 18, 2013 04:24 UTC

The ‘Abe put’ will keep Japanese equities buoyed

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By Peter Thal Larsen

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

Say sayonara to the “Bernanke put” and hello to Shinzo Abe’s alternative. While the Federal Reserve chairman developed a reputation for supporting the price of bonds, the Japanese prime minister’s reforms are designed to push up stock prices.

Nov 14, 2013 04:26 UTC

Nirvana eludes Japan after one year of Abenomics

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By Andy Mukherjee

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

The economic nirvana promised by Shinzo Abe when launching his bid to become prime minister a year ago continues to elude Japan.

Nov 13, 2013 07:44 UTC

Four ways to tell China is serious about markets

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By John Foley 

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

China’s new buzzword is “decisive”. That’s how the ruling party described the role it wants markets to play in the economy. It’s hard to see whether it’s more than just talk. But there are four visible ways to tell whether China means business.

Nov 13, 2013 03:46 UTC

Japan index: Risks to GDP growth recede

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By Andy Mukherjee

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

Breakingviews’ Abenomics Index rose the most in six months in September. The gain would have been higher but for Japan’s unusual current account deficit. Higher revised values for July and August suggest the risk of a significant slowdown in third-quarter GDP growth has ebbed.

Nov 12, 2013 16:58 UTC

China plenum is far cry from what might have been

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By John Foley

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

China’s third plenum was a study in anti-performance. This meeting of the ruling party’s top figures traditionally gives each new generation of leaders an opportunity to make big gestures. What emerged on Nov. 12 was only promising policies wrapped up in bland talk. Yet there is an important message: big economic changes may come, but politics remains a matter for Party insiders only.