S’poreans remain second-biggest gamblers in the world

S’poreans remain second-biggest gamblers in the world

SINGAPORE — Singaporeans are still the second-biggest gamblers in the world, but the latest statistics from a British gambling consultancy indicate that losses incurred per adult resident here have fallen from three years ago.

BY NEO CHAI CHIN –

06 FEBRUARY

SINGAPORE — Singaporeans are still the second-biggest gamblers in the world, but the latest statistics from a British gambling consultancy indicate that losses incurred per adult resident here have fallen from three years ago. Read more of this post

3D Systems profit warning rekindles 3D printer bubble fears

3D Systems profit warning rekindles 3D printer bubble fears

3:08pm EST

(Reuters) – 3D Systems Corp slashed its profit estimate for 2013, reviving fears of a bubble in the 3D printing industry and sending its shares down as much as 28 percent.

Shares of other 3D printer makers also fell sharply after the profit warning from the largest listed 3D printer maker, which along with rival voxeljet AG has been the target of short-seller Citron Research. Read more of this post

From Adelaide to Champagne: behind the push to take R.M. Williams global

From Adelaide to Champagne: behind the push to take R.M. Williams global

Published 05 February 2014 10:40, Updated 05 February 2014 11:06

Simon Evans

A dusty R.M. Williams boot and a gleaming glass of Moet champagne might seem like opposites, yet the two will be unlikely bedfellows in a new private equity strategy to take the Australian icon global. Read more of this post

China’s liquor capital drowning in overproduction

China’s liquor capital drowning in overproduction

Staff Reporter 

2014-02-04

China’s “capital of liquor” is facing its coldest winter as a considerable number of small and medium producers of Chinese liquor or baijiu are being forced to close shop, reports the Guangzhou-based Southern Metropolis Daily. Read more of this post

How Chinese entrepreneurs have flourished in Dubai

How Chinese entrepreneurs have flourished in Dubai

Staff Reporter 

2014-02-05

The last two decades have seen the rise of Dubai as a global metropolis and many Chinese businesspeople have scrambled to get a piece of the pie, the Beijing-based Economic Observer reports. Read more of this post

The Next Leap for the Indonesian Economy: Deeper Capital Markets

The Next Leap for the Indonesian Economy: Deeper Capital Markets

By Mukul Raheja on 9:13 am February 5, 2014.

The presence of robust, deep, regulated and liquid capital markets is essential for any economy to function efficiently. For an emerging and growing economy like Indonesia it is especially crucial. Not only do functioning capital markets offer an alternative to bank borrowing for private businesses seeking financing, they also help the government get access to cheaper sources of funding to finance the national budget and infrastructure projects. Read more of this post

Why Indonesians Distrust Their Leaders

Why Indonesians Distrust Their Leaders

By Jakarta Globe on 11:04 pm February 5, 2014.
In a working democracy, elected men or women with public jobs must be the best and most trusted people within that particular country. They were chosen by voters who have placed their trust in these men and women to serve and protect them. Read more of this post

Improving Corporate Governance Seen as Key for Further Foreign Investment in Indonesia

Improving Corporate Governance Seen as Key for Further Foreign Investment in Indonesia

By Vanesha Manuturi on 11:00 pm February 4, 2014.

Jakarta. Indonesian Finance Minister M. Chatib Basri has called on the country to improve corporate governance as part of its efforts to lure more foreign investors.

“During the era of easy money, foreign investors usually place their portfolio without a full assessment of the country,” Chatib said at an event organized by the Financial Services Authority (OJK) in Jakarta on Tuesday. Read more of this post

European Banks Have $3 Trillion of Exposure to Emerging Markets

European Banks Have $3 Trillion of Exposure to Emerging Markets

By Steve Slater on 9:44 pm February 4, 2014.
European banks have loaned in excess of $3 trillion to emerging markets, more than four times US lenders and putting them at greater risk if financial market turmoil in countries such as Turkey, Brazil, India and South Africa intensifies. Read more of this post

Kumho sibling feud reignited; conflict between Kumho Asiana Group Chairman Park Sam-koo and his younger brother and Kumho Petrochemical Chairman Park Chan-koo, who have been at odds since they fought over who should manage the group

2014-02-04 16:40

Kumho sibling feud reignited

By Kim Tae-jong

The feud between two brothers of the Kumho family has been reignited, following the elder brother’s accusation Monday that his younger brother’s personal driver stole his private information. Read more of this post

Celltrion stocks plunge on ‘CEO risk’

2014-02-05 16:34

Celltrion stocks plunge on ‘CEO risk’

By Kim Tae-jong

Stocks of Celltrion dropped by 6.14 percent Wednesday following news that its CEO has been banned from overseas travel and the prosecution will soon summon him for questioning over alleged stock price manipulation. Read more of this post

French fashion brand Carven aims to triple sales in 4 years

French fashion brand Carven aims to triple sales in 4 years

Wednesday, February 5, 2014 – 15:43

Reuters

PARIS – French fashion brand Carven aims to triple its sales within four years, helped by ambitious store-opening plans and solid demand for its chic schoolgirl style, its chief executive and controlling shareholder said on Tuesday. Read more of this post

Swiss grapple with identity, economy in immigration vote

Swiss grapple with identity, economy in immigration vote

Tue, Feb 4 2014

By Caroline Copley

WINTERTHUR, Switzerland (Reuters) – Low taxes and good infrastructure aside, what entrepreneur Thorsten Schwenke really needs to grow his small Swiss-based business is the right people, regardless of their nationality. Read more of this post

Scooter boom: Young women find gusto on India’s roads

Scooter boom: Young women find gusto on India’s roads

5:45am EST

By Aradhana Aravindan

NEW DELHI (Reuters) – ‘Plush pink’ and ‘burgundy bliss’ scooters are the new buzz on India’s roads, even as the rest of the autos market is sputtering amid an economic slowdown. Read more of this post

Emerging markets buffeted by bipolar world

Emerging markets buffeted by bipolar world

2:13am EST

By Mike Dolan

LONDON (Reuters) – Ailing emerging markets are caught between a rock and a hard place – Washington and Beijing to be more precise.

For much of 2013, the investor narrative was that currencies and stock markets from Mumbai to Moscow and Istanbul to Johannesburg were running aground as Federal Reserve largesse ebbed away. Read more of this post

Investors cling to frontiers as emerging markets sink

Investors cling to frontiers as emerging markets sink

7:17am EST

By Carolyn Cohn

LONDON (Reuters) – As emerging markets tumbled this year, the riskiest country groupings on the fringes have been a haven. Read more of this post

Hot desking’ emptying Australia’s office towers

Hot desking’ emptying Australia’s office towers

Wednesday, Feb 05, 2014

Jonathan Pearlman

The Straits Times

OFFICE towers in Australian cities are at their emptiest in years as firms have sought to cut costs by “hot desking” and moving to flexible or open plan offices. Read more of this post