Peter Thal Larsen
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 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 on Twitter @Peter_TL
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The election of a charismatic leader raises hopes for overdue change. Joko Widodo’s rise invites comparisons with India’s Narendra Modi and Shinzo Abe in Japan. In some ways, Indonesia’s new president faces the more daunting challenge. But the rewards for faster reform are large.
The e-commerce group has rejigged relations with its Alipay affiliate weeks before its planned listing. The move has little impact on earnings, but reduces the risk of regulatory interference. And if the business turns into a behemoth, Alibaba investors get part of that value.
Western financial groups bailed out of the business after the crisis. Now China’s sovereign fund and Li Ka-shing may be getting on board. Strong forecast demand for aircraft orders explains the appeal. Even so, access to cheap and reliable sources of finance will be crucial.
- Malaysia throws airline investors a parachute
- China's antitrust drive: a guide for the perplexed
- SoftBank's U.S. mobile retreat is least bad option
- Higher rates can't come soon enough for HSBC
- Treasury Wine resistance withers under KKR assault
- Nomura trading prowess demands fuller explanation
- Malaysia's triple bank deal hints at size fetish