Peter's Feed
Jun 11, 2014
via Breakingviews

China hits bump on road to financial acceptance

Photo

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
via Breakingviews

Jack Ma soccer buy does Alibaba investors a favour

Photo

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
via Breakingviews

Indian bank recap is painful but necessary

Photo

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
via Breakingviews

Asia can give the West a bubble-popping lecture

Photo

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
via Breakingviews

Apple shows another symptom of mid-life crisis

Photo

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.

Apr 25, 2014
via Breakingviews

China’s offshore bond boom has further to run

Photo

By Peter Thal Larsen

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

China’s offshore bond boom has further to run. Companies like Tencent and CNOOC are increasingly turning to international capital markets for financing. Tighter credit on the mainland is a factor – but so is international expansion. Though there are bound to be setbacks, overseas bond issuance should carry on growing.

Apr 25, 2014
via Breakingviews

China’s offshore bond boom has further to run

Photo

By Peter Thal Larsen

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

China’s offshore bond boom has further to run. Companies like Tencent and CNOOC are increasingly turning to international capital markets for financing. Tighter credit on the mainland is a factor – but so is international expansion. Though there are bound to be setbacks, overseas bond issuance should carry on growing.

Apr 7, 2014
via Breakingviews

Ranbaxy sale shows risk in Japanese M&A adventures

Photo

By Peter Thal Larsen

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

Daiichi Sankyo has just reminded corporate Japan of the dangers of overseas adventures. The drugmaker is handing control of its ailing Indian affiliate Ranbaxy to local rival Sun Pharmaceutical in a $3.2 billion deal. The investment has lost almost 40 percent of its value in six years.

Apr 7, 2014
via Breakingviews

Ranbaxy sale shows risk in Japanese M&A adventures

Photo

By Peter Thal Larsen

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

Daiichi Sankyo has just reminded corporate Japan of the dangers of overseas adventures. The drugmaker is handing control of its ailing Indian affiliate Ranbaxy to local rival Sun Pharmaceutical in a $3.2 billion deal. The investment has lost almost 40 percent of its value in six years.

Apr 7, 2014
via Breakingviews

Ranbaxy sale shows risk in Japanese M&A adventures

Photo

By Peter Thal Larsen

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

Daiichi Sankyo has just reminded corporate Japan of the dangers of overseas adventures. The drugmaker is handing control of its ailing Indian affiliate Ranbaxy to local rival Sun Pharmaceutical in a $3.2 billion deal. The investment has lost almost 40 percent of its value in six years.

    • 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."
    • Follow Peter