Peter's Feed
May 27, 2015
via Breakingviews

China’s margin trading boom nears its limits

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

The main fuel for China’s stock market boom is running low. Borrowed money helped the Shanghai and Shenzhen stock exchanges double in value in six months. Despite frantic fundraising by brokerage houses, however, demand for leverage may be nearing its limits.

May 27, 2015
via Breakingviews

China’s margin trading boom nears its limits

Photo

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

The main fuel for China’s stock market boom is running low. Borrowed money helped the Shanghai and Shenzhen stock exchanges double in value in six months. Despite frantic fundraising by brokerage houses, however, demand for leverage may be nearing its limits.

May 21, 2015
via Breakingviews

Mystery sell-offs test Hong Kong at crucial point

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

Mysterious share movements are testing Hong Kong at a crucial point. Chinese solar company Hanergy’s valued soared to $40 billion in six months, then halved in a morning. Two other once-hot stocks have also suddenly plunged. The gyrations challenge Hong Kong’s claim to offer investors a transparent and orderly gateway to China.

May 21, 2015
via Breakingviews

Mystery sell-offs test Hong Kong at crucial point

Photo

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

Mysterious share movements are testing Hong Kong at a crucial point. Chinese solar company Hanergy’s valued soared to $40 billion in six months, then halved in a morning. Two other once-hot stocks have also suddenly plunged. The gyrations challenge Hong Kong’s claim to offer investors a transparent and orderly gateway to China.

May 15, 2015
via Breakingviews

HSBC in 2020: An imagined letter to shareholders

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

Breakingviews imagines the letter that HSBC’s Chairman might write to shareholders six years from now.

May 15, 2015
via Breakingviews

HSBC in 2020: An imagined letter to shareholders

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

Breakingviews imagines the letter that HSBC’s Chairman might write to shareholders six years from now.

May 13, 2015
via Breakingviews

U.S. trade setback more diplomatic than economic

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

America’s claim to global economic leadership has suffered another blow. After China’s coup in getting 57 countries to join its new Asian infrastructure bank, the United States Senate has delayed a bill that would have given President Barack Obama authority to negotiate a new Pacific trade pact. The damage to American diplomacy is clear, but for the world economy it’s less severe.

May 7, 2015
via Breakingviews

Australian bank crisis-proofing takes toll on NAB

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

National Australia Bank has jumped out of the blocks in the race to raise capital. It is issuing shares worth A$5.5 billion ($4.4 billion) in the expectation that Australian regulators will soon force the country’s biggest lenders to fund themselves with more equity. Shoring up the industry before it runs into trouble makes sense. For investors, though, the era of supercharged returns is ending.

May 7, 2015
via Breakingviews

Australian bank crisis-proofing takes toll on NAB

Photo

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

National Australia Bank has jumped out of the blocks in the race to raise capital. It is issuing shares worth A$5.5 billion ($4.4 billion) in the expectation that Australian regulators will soon force the country’s biggest lenders to fund themselves with more equity. Shoring up the industry before it runs into trouble makes sense. For investors, though, the era of supercharged returns is ending.

May 5, 2015
via Breakingviews

HSBC revival overshadowed by existential questions

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

HSBC’s revival is overshadowed by its existential angst. Higher investment banking revenue and fewer bad loans helped boost first-quarter results at the global bank, offering a welcome respite from restive shareholders and political uproar over Swiss tax. However, HSBC’s longer-term fortunes depend on how it answers three big questions.

    • About Peter

      "Peter is Assistant Editor of Reuters Breakingviews, based in London. He oversees coverage of financial services and regulation. Prior to joining Reuters, Peter spent 10 years at the Financial Times. From 2004 to 2009 he was the FT’s banking editor, leading the paper’s award-winning coverage of global banking during the credit crunch. Between 2000 and 2004 Peter reported for the FT from New York. He played a leading role in the paper’s coverage of the 9/11 attacks and their aftermath. A Dutch national, Peter has degrees from Bristol University and the London School of Economics."
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