Peter's Feed
Aug 4, 2014
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Treasury Wine resistance withers under KKR assault

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By Peter Thal Larsen

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

Treasury Wine has decided that a grape is worth more in the bottle than on the vine. The maker of Lindeman’s and Penfolds agreed to open its vaults after the buyout group raised a provisional cash offer to A$3.38 billion ($3.15 billion). Though the bid could yet sour, Treasury’s spell as a listed company looks like it will soon be coming to an end.

Jul 3, 2014
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Hong Kong democracy debate puts business on spot

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By Peter Thal Larsen 

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

Hong Kong’s democracy debate has put Western businesses on the spot. Hundreds of thousands of citizens are engaged in a public showdown over a new system for conducting elections in the former UK colony. The standoff has prompted questions about Hong Kong’s future as an efficient and well-ordered financial centre. But warnings of potential disruption miss the point.

Jun 30, 2014
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Diagnosis of economic malaise lacks credible cure

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By Peter Thal Larsen

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

Central bankers know what’s wrong with the world economy, but are struggling to come up with a cure. That, at least, is the message from the latest annual report from the Bank for International Settlements. It worries that global growth is feeble and financial markets are piling up risks. Yet its proposed remedies of tighter monetary policy and structural reform are far from convincing.

Jun 17, 2014
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Alibaba’s slow unveiling shows good and bad sides

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By Peter Thal Larsen

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

Alibaba is lifting its veil to reveal both good and bad sides. The e-commerce giant has released more information ahead of its highly anticipated initial public offering. Though some of the disclosures will persuade prospective investors its business is relatively robust, the rapid shift by users to mobile phones is squeezing margins.

Jun 13, 2014
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China’s Hong Kong experiment faces biggest trial

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By Peter Thal Larsen

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

China’s experiment with Hong Kong is facing its biggest trial. The former British colony has mostly thrived in the 17 years since it was handed back to the People’s Republic. But a planned “Occupy Central” democracy protest is about to test Hong Kong’s openness – and China’s patience.

Jun 11, 2014
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China hits bump on road to financial acceptance

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By Peter Thal Larsen

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

China’s quest for financial respectability has hit a road bump. After a two-month review, MSCI has decided against including mainland-listed shares in its widely-followed emerging market index. Recent stock market reforms may help China fare better next time. Yet for all its growth, the country’s restricted capital flows are an obstacle to joining the global financial community.

Jun 6, 2014
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Jack Ma soccer buy does Alibaba investors a favour

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By Peter Thal Larsen 

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

Jack Ma’s decision to buy half of China’s most popular soccer club has done prospective investors in Alibaba a favour. The $192 million investment in Guangzhou Evergrande which the internet giant’s founder hatched over a drinking session this week won’t affect Alibaba’s value when it goes public later this year. But it offers a priceless insight into how the company works.

May 30, 2014
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Indian bank recap is painful but necessary

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By Peter Thal Larsen and Quentin Webb

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

India’s state-owned banks need a government bailout. The country’s wobbly public sector lenders require around $45 billion to put their balance sheets on a firmer footing, according to a Breakingviews calculator. That’s a bill the new government can ill afford. But if it acts fast, it may be able to take advantage of the post-election euphoria to persuade private investors to put up some of the cash.

May 16, 2014
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Asia can give the West a bubble-popping lecture

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By Peter Thal Larsen

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

It’s time for Asian regulators to give the West a lecture on popping financial bubbles. Policymakers in the United States and Europe have spent the past few years earnestly debating new methods to smooth out the ups and downs in economic cycles. They should pay more attention to Asia’s experience.

May 9, 2014
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Apple shows another symptom of mid-life crisis

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By Peter Thal Larsen

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

Apple is showing another symptom of a mid-life crisis. It hasn’t got a tattoo or hooked up with a Pilates instructor. But the iPhone inventor’s interest in headphone maker Beats Electronics suggests it feels the need to open its wallet in order to keep up with the cool kids.

    • 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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