Una's Feed
Mar 31, 2015

New IPO rules won’t keep India’s Alibabas at home

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

By Una Galani

HONG KONG, March 31 (Reuters Breakingviews) – The regulator
wants to ease standards to discourage start-ups from listing
abroad. The catch is that the rules only apply to a junior
market. Though that’s unlikely to tempt the likes of Flipkart
and Snapdeal, it stops India joining the race to the bottom on
governance.

Mar 27, 2015
via Breakingviews

India’s boardroom diversity drive has weird result

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

India’s effort to break the old boys’ club is producing bizarre outcomes. Tycoons have responded to a requirement that they have at least one female board member by April 1 by appointing their wives and even stepmothers as directors. India’s corporate governance has room for improvement and gender diversity at the top can improve financial returns. But mandating change isn’t the answer.

Mar 18, 2015
via Breakingviews

Super Mario on your iPhone? Nintendo gets its head in the game with mobile push

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

REUTERS/Yuya Shino

Nintendo has gone super mobile. The Japanese gaming giant – which recently announced yet another profit warning – has bowed to investor demands that it make games for smartphones. If the likes of Pokemon are as popular online as hits like Candy Crush, the move could have restorative powers equivalent to Super Mario’s ultimate mushroom.

Mar 18, 2015
via Breakingviews

Super Mario on your iPhone? Nintendo gets its head in the game with mobile push

Photo

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

REUTERS/Yuya Shino

Nintendo has gone super mobile. The Japanese gaming giant – which recently announced yet another profit warning – has bowed to investor demands that it make games for smartphones. If the likes of Pokemon are as popular online as hits like Candy Crush, the move could have restorative powers equivalent to Super Mario’s ultimate mushroom.

Mar 13, 2015
via Breakingviews

India’s “tax terrorism” proves hard habit to kick

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By Una Galani

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

India’s latest international tax shambles shows that it is easier to say something than to do it. The country’s new government could honour last year’s campaign pledge to end “tax terrorism” by scrapping a controversial law that allows it to seek payment for past transactions. The political fallout at home may be less painful than enduring embarrassment overseas by pursuing companies like Britain’s Cairn Energy.

Mar 12, 2015
via Breakingviews

Twin ghosts haunt Malaysia’s sovereign fund

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By Una Galani

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

Malaysia’s 1MDB faces a daunting task. The six year-old sovereign fund was set up to finance big national projects but expanded too fast, took on heavy debts and is now at the centre of a growing controversy. An ambitious restructuring brings both political and financial risks.

Mar 11, 2015
via Breakingviews

Japan retail deal gets M&A process back-to-front

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By Una Galani

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

Japan’s retail merger is an example of the complexities of dealmaking in a country where domestic consolidation is rare. FamilyMart and UNY Group have set a completion date for the $5.4 billion tie-up, but not yet agreed on any of the key terms. No wonder investors are worried the union will destroy value.

Mar 3, 2015

India’s $13bln spectrum auction has room for upset

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

By Una Galani

ABU DHABI, March 3 (Reuters Breakingviews) – India’s telcos
are gearing up for a fight. The country’s mobile phone operators
are preparing bids to renew airwaves in an auction that the
government reckons could raise $13.3 billion. The worry is that
rivals or new entrants may bid aggressively for additional
bandwidth. An expensive auction will weigh on balance sheets.

Feb 25, 2015
via Breakingviews

Singapore Exchange’s next CEO faces ho-hum job

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By Una Galani

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

Singapore Exchange’s next chief executive will inherit a business suffering from existential angst. Current boss Magnus Bocker will leave when his contract expires at the end of June. His successor faces a challenge to boost trading volumes and attract big listings. The outlook is brighter for derivatives but the absence of M&A targets leaves SGX looking boxed in.

Feb 25, 2015
via Breakingviews

Singapore Exchange’s next CEO faces ho-hum job

Photo

By Una Galani

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

Singapore Exchange’s next chief executive will inherit a business suffering from existential angst. Current boss Magnus Bocker will leave when his contract expires at the end of June. His successor faces a challenge to boost trading volumes and attract big listings. The outlook is brighter for derivatives but the absence of M&A targets leaves SGX looking boxed in.

    • About Una

      "Una Galani is Asia Corporate Finance Columnist of Reuters Breakingviews, based in Hong Kong. She spent three years in Dubai covering the region’s economies in the immediate aftermath of the Arab Spring. Previously, Una wrote on capital markets, mergers and acquisitions, and telecoms across Europe from London. She was commended in the category of Young Financial Journalist at the Harold Wincott Awards for 2009 after joining Breakingviews in 2006. Una read English Literature at Oxford. Follow Una on Twitter @ugalani"
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