Peter's Feed
Aug 31, 2015
via Breakingviews

Slowing growth exposes Chinese banks’ debt debris

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

China’s economic slowdown is exposing the debt debris in its banking sector. Dodgy credits on the balance sheets of the country’s four biggest lenders jumped by 28 percent to 592 billion yuan ($92.8 billion) in the first half of the year. Further deterioration would send earnings growth into reverse.

Aug 31, 2015
via Breakingviews

Slowing growth exposes Chinese banks’ debt debris

Photo

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

China’s economic slowdown is exposing the debt debris in its banking sector. Dodgy credits on the balance sheets of the country’s four biggest lenders jumped by 28 percent to 592 billion yuan ($92.8 billion) in the first half of the year. Further deterioration would send earnings growth into reverse.

Aug 25, 2015
via Breakingviews

China’s sensible rate cut sends dangerous signals

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

China is showing signs of nerves. For two turbulent days, the country’s authorities gave the impression they had given up trying to prop up the stock market. Now the People’s Bank of China has stepped in to cut interest rates. This otherwise sensible decision sends a dangerous signal.

Aug 25, 2015
via Breakingviews

China’s sensible rate cut sends dangerous signals

Photo

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

China is showing signs of nerves. For two turbulent days, the country’s authorities gave the impression they had given up trying to prop up the stock market. Now the People’s Bank of China has stepped in to cut interest rates. This otherwise sensible decision sends a dangerous signal.

Aug 24, 2015
via Breakingviews

China’s ailing stocks are now contagious

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

China’s stock market sickness is becoming contagious. Shockwaves from the latest selloffs in Shanghai and Shenzhen have rippled across currencies, commodities and Asian bourses. Investors may be losing confidence in China’s ability to micro-manage the financial sector – and steer a slowing economy.

Aug 24, 2015
via Breakingviews

China’s ailing stocks are now contagious

Photo

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

China’s stock market sickness is becoming contagious. Shockwaves from the latest selloffs in Shanghai and Shenzhen have rippled across currencies, commodities and Asian bourses. Investors may be losing confidence in China’s ability to micro-manage the financial sector – and steer a slowing economy.

Aug 20, 2015
via Breakingviews

SoftBank’s hired gun takes high road to ownership

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

SoftBank’s hired gun is taking an unusually straightforward route to ownership. Recent recruit Nikesh Arora is investing 60 billion yen ($483 million) in the Japanese tech group’s shares. It’s a refreshing alternative to the stock-based pay schemes that are the norm for SoftBank’s Silicon Valley rivals. A strong show of confidence may also help the ex-Googler push through some of his more adventurous ideas.

Aug 20, 2015
via Breakingviews

SoftBank’s hired gun takes high road to ownership

Photo

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

SoftBank’s hired gun is taking an unusually straightforward route to ownership. Recent recruit Nikesh Arora is investing 60 billion yen ($483 million) in the Japanese tech group’s shares. It’s a refreshing alternative to the stock-based pay schemes that are the norm for SoftBank’s Silicon Valley rivals. A strong show of confidence may also help the ex-Googler push through some of his more adventurous ideas.

Aug 12, 2015
via Breakingviews

China’s yuan devaluation push looks far from done

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

China’s new exchange rate policy is guiding the currency down. The central bank has fixed the official price of the yuan against the U.S. dollar sharply weaker for the second day running. It’s the strongest signal yet that the country’s devaluation push is far from a one-off.

Aug 7, 2015
via Breakingviews

Singapore at 50 ought to loosen up

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

Fifty years is not long in the history of nations. The period of Singapore’s existence as an independent state would be just a few chapters in the chronicle of most countries. Yet as the southeast Asian city-state marks its golden anniversary, citizens will have genuine cause to celebrate past achievements – and contemplate future change. It is time to loosen up a bit.

    • About Peter

      "Peter is Asia Editor of Reuters Breakingviews, based in Hong Kong. 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 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. Follow Peter on Twitter @Peter_TL"
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