South Korea Reform Plan Resembles Japan’s Abenomics

February 27, 2014, 12:07 PM

South Korea Reform Plan Resembles Japan’s Abenomics

By Michael S. Arnold

In its swift rise out of poverty over the past half-century, South Korea borrowed heavily from Japan’s post-World War II playbook, riding the strength of huge and diversified conglomerates to become a leading exporter of cars, ships, steel and electronics. Read more of this post

Asia Is Finding Ways to Cope With Tapering

Asia Is Finding Ways to Cope With Tapering

Old financing models were growing less viable anyway. Fortunately change is afoot.

DAVID MORTON

Feb. 26, 2014 11:28 a.m. ET

The past seven months have seen several moments of market turmoil in Asia, with investors worrying about the potential for destabilizing capital flight out of the region as central bankers in the U.S. wind down quantitative easing and interest rates start returning to normal. While monetary tapering will have an effect on Asia, that effect has been exaggerated—not least because the region’s financial markets are evolving in ways that make them far more resilient in the face of developments elsewhere. Read more of this post

In Two-Child China, a New Dilemma

Feb 26, 2014

In Two-Child China, a New Dilemma

Beijing recently became the fifth region in China to official implement a long-awaitedloosening of the country’s family planning rules, announcing last week that resident couples will now be allowed to have two children if one of the parents is an only child. Read more of this post

Shanghai Bans Taxi Apps During Rush Hour

Feb 26, 2014

Shanghai Bans Taxi Apps During Rush Hour

COLUM MURPHY

Taxi-hailing apps just got a little less useful in Shanghai.

The city on late Wednesday announced new rules to curb the use of such apps at peak times. The Shanghai Municipal Transport and Port Authority said in a notice on its website that such apps will be banned during rush hour, defined as between 7:30 and 9:30 a.m. and 4:30 to 6:30 p.m. Read more of this post

Singles in Japan are suing saying they invested in love when buying property

Singles in Japan are suing saying they invested in love when buying property

15 HOURS AGO FEBRUARY 27, 2014 1:34AM

A GROUP of singletons in Japan who claim they were tricked into buying apartments by real estate agents feigning a romantic interest in them have launched legal action.

Two men and 10 women, all aged in their 30s or early 40s, filed a lawsuit on Wednesday against 14 firms, including real estate agencies and loan companies, demanding a total of 200 million yen ($1.95 million) in compensation. Read more of this post

How the Option to Do Nothing Can Help You Get Things Done; “To increase persistence, one should directly vet their chosen path against the no-choice option of doing nothing.”

How the Option to Do Nothing Can Help You Get Things Done

Feb 26, 2014

As makers of our own destiny, we like to think that our choices are endless. And if we stay on track, we believe we should accomplish our goals. However, the way we frame our choices can make a huge impact on how persistent we are on our chosen path. Read more of this post

Why Some Innovation Tournaments Succeed and Others Fail

Why Some Innovation Tournaments Succeed and Others Fail

Feb 20, 2014

A few years ago, Penn Medicine — the umbrella group that includes the University of Pennsylvania’s Perelman School of Medicine and the University’s Health System — set out to improve its patient satisfaction rates. Like many health care organizations, Penn Medicine’s senior managers and clinicians were typically in charge of thinking up new ideas. But for this particular challenge, a top-down approach wouldn’t work. The hospital needed fresh thinking from the front lines –including doctors, nurses, clerical staff and transporters, who had an intimate understanding of patients’ experiences. Read more of this post

Overworked nurses linked to higher death rates

Overworked nurses linked to higher death rates

POSTED: 26 Feb 2014 08:09
Investigations in nine European countries have given statistical backing to claims that patients’ lives may be at risk when nurses are overworked

PARIS: Investigations in nine European countries have given statistical backing to claims that patients’ lives may be at risk when nurses are overworked, specialists said on Wednesday. Read more of this post

Big Data Comes to the Farm, Sowing Mistrust; Seed Makers Barrel Into Technology Business

Big Data Comes to the Farm, Sowing Mistrust

Seed Makers Barrel Into Technology Business

JACOB BUNGE

Feb. 25, 2014 10:38 p.m. ET

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David Nelson, a farmer near Fort Dodge, Iowa, uses tractor-mounted computers to help make decisions about his plantings of corn and soybeans. Ryan Donnell for The Wall Street Journal

Big agricultural companies say the next revolution on the farm will come from feeding data gathered by tractors and other machinery into computers that tell farmers how to increase their output of crops like corn and soybeans. Read more of this post

Sam’s Club Tests Online Subscription Service as Threat From Amazon Grows

Sam’s Club Tests Online Subscription Service as Threat From Amazon Grows

SHELLY BANJO 

Updated Feb. 26, 2014 12:32 p.m. ET

Sam’s Club is quietly testing a new subscription service that allows customers to order items like diapers and printer cartridges online, a sign that Web retailers are posing a threat in areas of retail that were once considered relatively safe. Read more of this post

Beyond Mt. Gox, bitcoin believers keep the faith, see more robust system

Beyond Mt. Gox, bitcoin believers keep the faith, see more robust system

7:19am EST

By Jeremy Wagstaff

SINGAPORE (Reuters) – The apparent collapse of Tokyo-based bitcoin exchange Mt. Gox isn’t bothering Anthony Hope and others who have ditched steady careers in government and finance to build bitcoin companies – and who stand to lose money they have in Mt. Gox. Read more of this post

NASA Scientists Discover 715 New Planets; Data From Kepler Space Telescope Suggests 4 Alien Worlds Have Potential for Life

NASA Scientists Discover 715 New Planets

Data From Kepler Space Telescope Suggests 4 Alien Worlds Have Potential for Life

LEE HOTZ

Feb. 26, 2014 3:57 p.m. ET

NASA’s Kepler mission scientists announces the discovery of 715 new planets around distant stars, including four alien worlds roughly the size of Earth that might be might be potentially suitable for life. Robert Lee Hotz reports on the News Hub. Photo: NASA. Read more of this post

Corporate Economists Are Hot Again; The Shift Comes as Firms Cope With a Glut of Data; Recession ‘Laid Bare’ Forecasting Mistakes

Corporate Economists Are Hot Again

The Shift Comes as Firms Cope With a Glut of Data; Recession ‘Laid Bare’ Forecasting Mistakes

BOB TITA

Feb. 26, 2014 7:28 p.m. ET

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The number of private-sector economists has surged 57% as U.S. firms look for help digesting data. Pictured, economist Ryan Reed has revamped forecasting at Parker Hannifin. Michael F. McElroy for The Wall Street Journal

CLEVELAND—Flooded with data, Parker Hannifin Corp. PH +0.99% hired a young economist in 2008 to figure out what the information meant to the industrial conglomerate’s far-flung operations. Read more of this post

How to thrive in restaurants for 30 years: Alla Wolf-Tasker’s Lake House toughed it out for three decades

How to thrive in restaurants for 30 years

February 26, 2014

Michael Bailey

Alla Wolf-Tasker’s Lake House toughed it out for three decades.

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Alla Wolf-Tasker spent four years building her restaurant, which celebrates its 30th anniversary this year.

Almost 1500 Victorian restaurants closed in 2012/13, reflecting a nationwide hospitality industry crisis which Alla Wolf-Tasker – celebrating the 30th anniversary of her Lake House fine dining restaurant at Daylesford – partly blames on barriers to entry having become too low. Read more of this post

Hedge Fund Wants Nintendo to Make Mobile Games

Hedge Fund Wants Nintendo to Make Mobile Games

Writes to President Iwata: Think of Paying 99 Cents ‘to Get Mario to Jump a Little Higher’

MIA LAMAR

Feb. 26, 2014 9:08 a.m. ET

A Hong Kong hedge fund manager called on Nintendo Co. 7974.TO -1.96% on Wednesday to begin developing and selling mobile games, a sign of growing dissent among shareholders of the world’s largest videogame company. Read more of this post

Breaking through the start-up stall zone: An early rush of revenue growth is necessary-but not sufficient-for long-term survival

Breaking through the start-up stall zone

An early rush of revenue growth is necessary—but not sufficient—for long-term survival.

February 2014 | byTed Callahan, Eric Kutcher, and James Manyika

The rapid pace of creative destruction in today’s global economy makes the ability to launch and grow (or to shut down and move on from) new businesses critical for companies large and small. Competitive dynamics have long been in overdrive in the software and Internet sectors, where we have studied patterns of birth and death for nearly 3,000 companies between 1980 and 2012. Seventy-two percent of them failed to reach the $100 million mark. Only 3 percent made it to $1 billion in sales (exhibit). Read more of this post

Singapore Aims to Become Southeast Asia’s Silicon Valley

Singapore Aims to Become Southeast Asia’s Silicon Valley

Venture-Capital Investments in Tech Outstrip Many Asian Neighbors

NEWLEY PURNELL

Updated Feb. 26, 2014 7:52 a.m. ET

SINGAPORE—Singapore is pulling out all the stops to build its own version of Silicon Valley as it attempts to create a startup hub for Southeast Asia.

Excited by deals such as Facebook Inc. FB -1.31% ‘s $19 billion agreement last week to buy messaging company WhatsApp Inc., Singapore’s policy makers and technology entrepreneurs are betting that one day a tech giant could swoop down to grab one of its own homegrown startups. Venture-capital tech investments in Singapore last year outstripped those in Japan, South Korea and Hong Kong. Read more of this post

Pantech Seeks Fresh Lifeline From Creditors

Feb 26, 2014

Pantech Seeks Fresh Lifeline From Creditors

MIN-JEONG LEE

While the spotlight maybe on the new gadgets being launched at Mobile World Congress by some of the world’s biggest tech companies, spare a thought for little old Pantech, South Korea’s ailing smartphone maker. Read more of this post

No Missiles Required: How China is Buying Taiwan’s “Re-Unification”; Taiwan’s investment liberalization is giving Beijing greater economic leverage on the island

No Missiles Required: How China is Buying Taiwan’s “Re-Unification”

Taiwan’s investment liberalization is giving Beijing greater economic leverage on the island.

By J. Michael Cole

August 23, 2013

While experts continue to look at the rapidly expanding military capabilities of the People’s Republic of China (PRC) as the greatest threat to Taiwan’s sovereignty, Beijing would much prefer bringing about “re-unification” without having to fire a single missile. Ongoing cross-strait investment liberalization could help make that possible. Read more of this post

Beijing Pollution: How Bad Does It Have to Get for a Red Alert?

Feb 26, 2014

Beijing Pollution: How Bad Does It Have to Get for a Red Alert?

Beijing authorities have maintained an orange alert—the second-highest warning—for six days amid a stretch of bad air pollution.

That has a number of residents wondering: Just how bad does it have to get before the local government raises its warnings into the red? Read more of this post

Chewing Gum Makers Cater to Chinese Tastes

Chewing Gum Makers Cater to Chinese Tastes

Product Is Growing at Double-Digit Rates in the Country

KATHY CHU and LAURIE BURKITT

Feb. 25, 2014 11:36 p.m. ET

As China’s slowing economy dents sales growth of everything from personal computers to Oreo cookies, some companies are finding growth in a surprising place: chewing gum. Read more of this post

El-Erian’s Resignation Memo To PIMCO Employees Had 3 Very Telling Words Bold, Underlined And Italicized

El-Erian’s Resignation Memo To PIMCO Employees Had 3 Very Telling Words Bold, Underlined And Italicized

SAM RO FINANCE  FEB. 25, 2014, 7:38 PM

Last month, PIMCO and its parent company Allianz unexpectedly announced that CEO and Co-CIO Mohamed El-Erian would be resigning.

It was unclear what triggered the decision. Some speculated fatigue. Some speculated political interests. Read more of this post

5 Successful Authors on How They Overcame Creative Blocks to Write Their First Book; “Creating a community reminded me why we write.” “You do the work when you’re not in front of it.” “Sometimes you don’t know what you’re writing until you’ve finis

 5 SUCCESSFUL AUTHORS ON HOW THEY OVERCAME CREATIVE BLOCKS TO WRITE THEIR FIRST BOOK

AGONIZING OVER EVERY SENTENCE, LOSING YEARS OF RESEARCH, RECEIVING REJECTION AFTER REJECTION–WRITING A BOOK ISN’T ALWAYS THE DIVINELY CREATIVE PROCESS IT SEEMS TO BE. FIVE AUTHORS SHARE THEIR STRUGGLE, AND ULTIMATE SUCCESS, IN COMPLETING THEIR FIRST BOOKS.

BY JANE PORTER

The best books seem to have an effortlessness to their writing, as though each word has been set down just where it needs to be. Nowhere on the page is the agonizing, writing, rewriting, not writing of getting it done visible. “Writing a long novel is like survival training,” Haruki Murakami has said. “Physical strength is as necessary as artistic sensitivity.” Read more of this post

For every Fuji Xerox there’s a Sony Ericsson: the pros and pitfalls of merging your business

For every Fuji Xerox there’s a Sony Ericsson: the pros and pitfalls of merging your business

Published 24 February 2014 11:28, Updated 25 February 2014 09:31

Michael McQueen

Wedding bells are ringing. Business marriages seem to be in season. First there were the Microsoft-Nokia nuptials last year and now the blessed union of WhatsApp and Facebook. Even one-time retail rivals Myer and David Jones are flirting with the idea of engaging in consummation rather than competition. Read more of this post

How America fell out of love with orange juice

How America fell out of love with orange juice

By Roberto A. Ferdman @robferdman an hour ago

America has fallen out of love with orange juice.

Sales dropped almost every year for the last decade. Last year, orange juice sales hit their lowest level in at least 15 years, according to Nielsen. Over the same period, per-capita consumption fell roughly 40%. And this year is looking to be another rough one for big orange. Read more of this post

New Spore: GIC employs officers convicted of insider trading

GIC employs officers convicted of insider trading

February 23rd, 2014 |  Author: Editorial

A reader has written in to let TRE know of a case where GIC officers caught for insider trading were allowed to continue to work in GIC.

GIC is among the world’s largest fund management companies. It was established in 1981 to manage Singapore’s foreign reserves. Read more of this post

China Steel Overcapacity “Beyond Imagination”: Official

China Steel Overcapacity “Beyond Imagination”: Official

02-26 18:16 Caijing

The debt ratio may average at about 70 percent, and the aggregate liability in the entire sector could be well above 2 trillion yuan.

The situation of China’s iron and steel industry, which has been afflicted by overcapacity and shaky debt, may be worse than expected, said an official with an industry association. Read more of this post

Nestle wants one million Malaysians to be fit

Nestle wants one million Malaysians to be fit

Wednesday, February 26, 2014 – 09:40

The Star/Asia News Network

PETALING JAYA – As technology gets increasingly sophisticated, more Malaysians are falling prey to the “remote control lifestyle”, leaving them with sedentary routines. Read more of this post

The giant Dutch pension fund, ABP with €300 billion ($456 billion) in assets, is considering using smart beta benchmarks

ABP considers smart beta benchmarks

AMANDA WHITE

February 26, 2014

ABP is undertaking a project about the appropriateness of using smart beta benchmarks” Jeroen Schreur

The giant Dutch pension fund, ABP with €300 billion ($456 billion) in assets, is considering using smart beta benchmarks. While APG, which manages ABP’s assets has been using smart beta strategies for implementation for three years, the fund is taking it a step further and is now considering tilted benchmarks. Amanda White speaks to head of investments of the executive office at ABP, Jeroen Schreur. Read more of this post

Bitcoin world in turmoil after the disappearance of what had been its biggest exchange, shaking confidence in the fast-growing virtual currency.

Updated: Wednesday February 26, 2014 MYT 11:08:40 AM

Bitcoin world in turmoil after exchange goes dark

WASHINGTON: The Bitcoin community was thrown into turmoil Tuesday after the disappearance of what had been its biggest exchange, shaking confidence in the fast-growing virtual currency. Read more of this post

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