Electronics malls crumbling under online shopping boom in China

Electronics malls crumbling under online shopping boom in China

Tai Jui-fen and Staff Reporter

2014-02-02

Operators of giant shopping malls housing electronics shops in China are swiftly losing customers and vendors as tenants disappear in the shadow of stiff competition from the booming e-commerce sector, reports the Chinese-language China Business Journal. Read more of this post

The $15 trillion shadow over Chinese banks; China analyst Charlene Chu explains why the nation is on the verge of crisis

The $15 trillion shadow over Chinese banks

China analyst Charlene Chu explains why the nation is on the verge of crisis

By Harry Wilson

9:30PM GMT 01 Feb 2014

Drawing attention to the problems at an individual bank is never likely to make you popular, but calling time on an entire financial system is another thing entirely. Read more of this post

A growing number of larger companies in South Korea are pushing up their earnings through non-operating income rather than operating activities.

2014.02.03 15:27:52

A growing number of larger companies in South Korea are pushing up their earnings through non-operating income rather than operating activities.  Read more of this post

“Time is short” for Congress to raise debt limit, says US treasury chief who warned that the United States will exhaust its borrowing authority on Friday without action by Congress to lift the debt limit

“Time is short” for Congress to raise debt limit, says US treasury chief

POSTED: 03 Feb 2014 23:10
US Treasury Secretary Jacob Lew warned on Monday that the United States will exhaust its borrowing authority on Friday without action by Congress to lift the debt limit.

WASHINGTON: US Treasury Secretary Jacob Lew warned on Monday that the United States will exhaust its borrowing authority on Friday without action by Congress to lift the debt limit. Read more of this post

outh Korea’s Japanese Mirror; Danny Leipziger proposes a strategy for South Korea to avoid Japanese-style economic stagnation

DANNY LEIPZIGER

Danny Leipziger, Professor of International Business at George Washington University and Managing Director of the Growth Dialogue, was a vice president of the World Bank and served as Vice Chair of the Spence Commission on Growth and Development.

FEB 2, 2014

South Korea’s Japanese Mirror

SEOUL – Given the daunting challenges facing Japan, one can only admire Prime Minister Shinzo Abe’s determination to end the country’s two-decade-long period of economic stagnation. His strategy – the “three arrows” of massive monetary expansion, increased government spending, and structural reform – is theoretically sound. But only one and a half arrows have been launched so far. Read more of this post

Jobless college graduates top 3 mil

2014-02-03 18:47

Jobless college graduates top 3 mil.

By Kim Tae-jong

The number of college graduates who are “economically inactive” surpassed 3 million for the first time, government data showed Monday.
According to Statistics Korea, the number of people who have college degrees, but gave up searching for  jobs soared to 3.08 million last year, up 3.2 percent from the previous year.
The number has been on a steady increase because of an increased number of university graduates. It stood at 1.59 million in 2000 but surpassed the 2 million mark in 2004. Read more of this post

Imax Faces a Threat in China; Not only could competitors in China cut into its potential market share there, but Imax has charged in several courts that the Chinese system relies on technology that was blatantly stolen from its offices

Imax Faces a Threat in China

By MICHAEL CIEPLYFEB. 2, 2014

LOS ANGELES — “We’ve got the future under control,” contends OmniCorp, the giant technology corporation in “RoboCop,” a blockbuster remake set for release by Sony Pictures and MGM next month.

But can Imax Corporation, the movie studios’ business ally, say the same about its dealings inChina? Read more of this post

Emerging markets are badly served by ETFs

February 2, 2014 2:44 pm

Emerging markets are badly served by ETFs

By John Authers

Investment vehicles have helped to create another boom and bust cycle

Money is flowing out of the emerging markets. A debate is raging over whether this is the fault of the US Federal Reserve, which has effectively encouraged investors to bring their money back home. Read more of this post

Moocs in transition: Not so massive, open or even online

Moocs in transition: Not so massive, open or even online

February 2, 2014 11:32 pmby Richard Waters

Like any widely hyped online phenomenon, Moocs – massive open online courses – are facing a reality-test.

Hardly anyone who starts one of the online courses actually finishes it. But even if the formula is being rethought, the potential impact on education hasn’t diminished. Read more of this post

Entrepreneurship education needed in China; The country’s business schools should adopt western tactics and have start-up labs

January 31, 2014 1:33 pm

Entrepreneurship education needed in China

By Mike Bastin

The country’s business schools should adopt western tactics and have start-up labs

Many countries in the west have pinned their hopes on start-ups and family-run enterprises to help kick-start the economy. China is no exception. Read more of this post

Europe will feel the pain of emerging markets; The last thing the global economy needs is a resurgence of the European debt crisis

February 2, 2014 8:40 pm

Europe will feel the pain of emerging markets

By Wolfgang Münchau

The last thing the global economy needs is a resurgence of the European debt crisis

So much for “crisis over”. After the US subprime meltdown and the explosion of eurozone sovereign debt yields, we are now confronting a classic emerging marketcurrency crisis with possible repercussions in other parts of the global economy. Read more of this post

Fate of emerging markets is intertwined with US Fed’s actions

Updated: Monday February 3, 2014 MYT 8:05:37 AM

Fate of emerging markets is intertwined with US Fed’s actions

BY YAP LENG KUEN

LIKE it or not, the fate of the emerging markets is intertwined with the actions of theUS Federal Reserve (Fed), which has been a big-time player in providing liquidity via its bond purchases.

Now that the Fed is into its monthly bond withdrawals, the finger is being pointed at it for the emerging markets’ fall-off. Read more of this post

Will Long Working Hours Stymie ‘Womenomics’?

February 3, 2014, 11:00 AM

Will Long Working Hours Stymie ‘Womenomics’?

MITSURU OBE

As a 33-year-old working mother of two, Mizue Terasaki knows what it’s like to commute on a crowded train with a baby and a stroller. “It’s very hard,” she says.

“Why do I continue working?” she once asked in a monthly column she writes for the finance ministry’s public relations magazine. “I can get neither work nor child-rearing done to my satisfaction.” Read more of this post

Australia’s Big 4 banks are global unknowns

Australia’s Big 4 banks are global unknowns

February 3, 2014 – 1:21PM

Max Mason

Australia’s big four banks may rank among the most profitable in the developed world, but when it comes to brand value they trail their better known foreign peers. Read more of this post