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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Slumping demand for the fertiliser ingredient has prompted Canada’s Potash Corp to withdraw a 7.9 billion euro ($8.9 billion) offer for its German rival. For three months, K+S played hard to get even as prices fell. Shareholders may now regret its reluctance to negotiate.
Hong Kong shareholders rejected China Merchants Bank’s employee share scheme after the lender gave them too little information. It’s a small sign big investors are turning less tolerant of shoddy governance. Chinese companies used to silent acquiescence may be in for a surprise.
Mike Smith is leaving as CEO of the $55 bln Australian lender after eight years. Beefing up in Asia has proved less lucrative than he hoped. Yet a slowing home economy and tightening regulation mean successor Shayne Elliott may have to stay centered somewhere in between.
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- Japan's new growth target worth taking seriously
- JPMorgan China probe is glancing blow to HKEx boss
- China brokers' problems go beyond trading probes
- China's jawboning is a poor substitute for reform
- The real reason to worry about China’s FX reserves
- Chinese plane-hire deal survives market turbulence