Religious Leaders Accused of Misleading, Abusing Followers

Religious Leaders Accused of Misleading, Abusing Followers
By Jakarta Globe on 10:22 pm Mar 19, 2014
Ellya Rossa’s search for a traditional healer to treat a chronic heart ailment brought her to Guntur Bumi, an ustad, or Islamic cleric, who has often appeared in television commercials plugging his “alternative healing” clinic.

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The New Face of Indonesian Democracy

The New Face of Indonesian Democracy
By Derwin Pereira on 08:33 pm Mar 19, 2014
Indonesia’s democratic consolidation took a step forward with the nomination of Jakarta Governor Joko Widodo as the presidential candidate of the Indonesian Democratic Party of Struggle (PDI-P). The presidential election, which will be held in July following parliamentary elections next month, could be expected to entrench the political gains made in the vast archipelagic state since the downfall of the autocrat Suharto in 1998.

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Not ready for the University of Hard Knocks; In Singapore, leaders who shine academically are finding it tough coping with real life crisis

Updated: Saturday March 15, 2014 MYT 7:10:46 AM
Not ready for the University of Hard Knocks
BY SEAH CHEANG NEE
In Singapore, leaders who shine academically are finding it tough coping with real life crisis.
THE Little India Inquiry has produced an uncomplimentary account of how scho­lar leaders could fare in a major disorder.
Indirectly, the city’s first riot in 40 years provided a chance to test the real capabilities of Singapore’s scholar-police leaders.

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Nexon: An Asian Pioneer of Free Games Aims for a Bigger Profile in the West

MARCH 19, 2014, 6:41 PM 1 Comments
An Asian Pioneer of Free Games Aims for a Bigger Profile in the West
By NICK WINGFIELD
SAN FRANCISCO — It could be argued that Nexon has changed how games are experienced more than almost any other company. Yet relatively few people in the United States even know it exists.

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Tango Messaging App Dances With Alibaba

MARCH 20, 2014, 12:00 AM Comment
Tango Messaging App Dances With Alibaba
By VINDU GOEL
Tango offers its users the ability to send free text, photo and video messages over their mobile phones.
Tango, a Silicon Valley start-up that makes a popular messaging app by the same name, is going to the senior prom — and its date is one of the hottest tech companies on the planet.

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IBM’s Big Hope for Fraud

MARCH 20, 2014, 12:01 AM 1 Comments
IBM’s Big Hope for Fraud
By QUENTIN HARDY
IBM is changing with the crimes. So are other companies, and their collective efforts could affect more than catching tax cheats.
On Thursday, IBM announced the creation of a fraud and financial crimes prevention business that combines big data analytics, business know-how and data visualization.

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Poor diagnosis driving global multidrug-resistant TB, WHO warns

Poor diagnosis driving global multidrug-resistant TB, WHO warns
8:26am EDT
By Kate Kelland, Health and Science Correspondent
LONDON (Reuters) – Half a million people fell sick with dangerous superbug strains of tuberculosis (TB) in 2012, but fewer than one in four were diagnosed, putting the rest at risk of dying due to the wrong medicines or no treatment at all.

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Novartis CEO reshapes drugmaker for ‘brutal’ new world

Novartis CEO reshapes drugmaker for ‘brutal’ new world
9:43am EDT
By Caroline Copley and Ben Hirschler
BASEL, Switzerland (Reuters) – Novartis Chief Executive Joe Jimenez is taking a hard look at the drugmaker’s smaller businesses as he reshapes the company for what he expects to be a “brutal” new era in healthcare spending.

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Indian quality woes point to generic drugs shake-out: Novartis

Indian quality woes point to generic drugs shake-out: Novartis
9:11am EDT
By Ben Hirschler and Caroline Copley
BASEL, Switzerland (Reuters) – Recent manufacturing problems in India suggest some makers of generic drugs will struggle to compete in the face of a rising quality bar, pointing to a likely a shake-out in the low-cost sector, according to Novartis.

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New heart guidelines may put 12.8 million more Americans on statins

New heart guidelines may put 12.8 million more Americans on statins
Wed, Mar 19 2014
By Julie Steenhuysen
CHICAGO (Reuters) – New guidelines on heart health that sparked fierce debate among U.S. cardiologists last fall could lead 12.8 million more Americans to take cholesterol-lowering statin drugs, U.S. researchers said on Wednesday.

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Bloomberg Should Have Rethought Articles on China, Chairman Says; Sales of financial-data terminals declined sharply in China after its news service published articles on the family wealth of high-ranking politicians in the country

Bloomberg Should Have Rethought Articles on China, Chairman Says
By NEIL GOUGHMARCH 20, 2014
Peter T. Grauer, chairman of Bloomberg L.P., said being in China “occupies a lot of our thinking.” CreditGonzalo Fuentes/Reuters
HONG KONG — The chairman of Bloomberg L.P. said in a speech here on Thursday that the company should have reconsidered articles that deviated from the core of its coverage, business news, in light of the huge potential for its products in the Chinese market.

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What Would Plato Tweet? Probably less about what he had for lunch. And more about justice and wisdom

MARCH 16, 2014, 9:15 PM 158 Comments
What Would Plato Tweet?
By REBECCA NEWBERGER GOLDSTEIN
It began when a writer friend asked me what my Klout score was. We were sitting at the sushi bar of a Japanese restaurant, the master chef assembling edible origami of torched fish and foam. My husband and I used to patronize this neighborhood place quite a lot, until a restaurant critic ruined it for us by his unrestrained rave, so that now you have to make reservations months in advance. But my friend had magically procured us two seats just like that, and when I asked him for the secret of his influence he responded by asking me about my Klout score.

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Running as Therapy: While pounding out miles in the pouring rain, I was grateful that it was raining so no one could see me cry

MARCH 20, 2014, 6:00 AM 8 Comments
Running as Therapy
By JEN A. MILLER
I started distance running in 2007 because, in the short space of six months, the person I was dating left me for another woman, I bought a house (a rash decision) and my grandfather died.

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Flies That Do Calculus With Their Wings

Flies That Do Calculus With Their Wings
MARCH 19, 2014
ScienceTake
By JAMES GORMAN
There are lots of reasons scientists love fruit flies, but a big one is their flying ability. These almost microscopic creatures, with minimalist nervous systems and prey to every puff of wind, must often execute millisecond aerial ballets to stay aloft.
To study fly flight, scientists have to develop techniques that are almost as interesting as the flies.

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Corporate Lies Are Increasingly Immune to Investor Complaints

Corporate Lies Are Increasingly Immune to Investor Complaints
MARCH 20, 2014
High & Low Finance
By FLOYD NORRIS
Companies do not have a right to lie to their shareholders, a German judge ruled this week. But sometimes, she added, lies are necessary.

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Revisiting Gandhi, on the Banks of the Sabarmati; An old ashram is a place to reflect on a new India of skyrocketing growth

Revisiting Gandhi, on the Banks of the Sabarmati
MARCH 19, 2014
By MIRA KAMDAR
AHMEDABAD, India — As a teenager in the 1920s, my grandfather Prabhudas Kamdar was enthralled with Mahatma Gandhi. He devoured every issue of Gandhi’s magazine, Young India, as soon as it came out and was deeply drawn to Gandhi’s satyagraha movement.

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Teaching Children to Calm Themselves; Experiencing neglect, severe stress or sudden separation at a young age can be traumatizing, and inhibit a child’s ability to make good decisions and work through problems

MARCH 19, 2014, 12:00 PM 78 Comments
Teaching Children to Calm Themselves
By DAVID BORNSTEIN
When Luke gets angry, he tries to remember to look at his bracelet. It reminds him of what he can do to calm himself: stop, take a deep breath, count to four, give yourself a hug and, if necessary, ask an adult for help.

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Five reasons why Malaysia is not in trouble

Updated: Thursday March 20, 2014 MYT 11:24:04 AM
Five reasons why Malaysia is not in trouble
BY CECILIA KOK

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KUALA LUMPUR: Malaysia is better prepared to manage another global financial crisis due to its sound economic and financial structure as well as the availability of a strong surveillance mechanism, according to Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz. Read more of this post

From dumb iron to Big Data: Caterpillar’s dealer sales push

From dumb iron to Big Data: Caterpillar’s dealer sales push
7:12am EDT
By James B. Kelleher
(Reuters) – Caterpillar Inc has a long tradition of proudly – and publicly – proclaiming how much it loves its dealers.
In recent years, the Peoria, Illinois-based company has called the 178 independently owned businesses that distribute its earth-moving products worldwide everything from “a critical competitive differentiator” to “the foundation” of its success.
Now the world’s largest maker of construction and mining equipment is adopting a cooler tone with those dealers, asking them: “What have you done for us lately?”

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China’s government is planning to shift parts of its vast bureaucracy to a city 150km from Beijing, causing shares in companies linked to the struggling metropolis to surge in anticipation

March 19, 2014 6:09 pm
China to shift Beijing bureaucrats to Baoding
By Jamil Anderlini in Beijing
China’s government is planning to shift parts of its vast bureaucracy to a city 150km from Beijing, causing shares in companies linked to the struggling metropolis to surge in anticipation.

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Discovery Communications, the US cable group that owns channels such as TLC and Animal Planet, has struck a deal in China to supply all of the programming for a new digital venture

March 20, 2014 1:00 am
Discovery in deal to supply programming for Chinese digital channel
By Matthew Garrahan in Los Angeles
Discovery Communications, the US cable group that owns channels such as TLC and Animal Planet, has struck a deal in China to supply all of the programming for a new digital venture.
Qui Suo, a new digital subscription channel being launched by Wasu, a media group owned by two state-owned Chinese companies, will be available across China. Wasu has almost 20m cable subscribers and operates the largest Chinese online video platform.
The deal gives Discovery, which is keen to expand its international business, a bigger presence in the world’s fastest growing media market. Financial terms of the deal were not disclosed.

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Don’t expect Malone the ‘cable cowboy’ to ride into the sunset; History suggests it would be unwise to write off Liberty Media

March 20, 2014 12:16 pm
Don’t expect Malone the ‘cable cowboy’ to ride into the sunset
By Matthew Garrahan
History suggests it would be unwise to write off Liberty Media
When Comcast delivered its surprise bid for Time Warner Cable last month, most observers assumed it would knock the so-called “cable cowboy”, John Malone, off his horse.

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Li & Fung to spin off US-focused brands and licensing divisions through stock split

March 20, 2014 12:13 pm
Li & Fung to spin off divisions through stock split
By Paul J Davies in Hong Kong
Li & Fung, which supplies toothbrushes and T-shirts to some of the world’s biggest retailers, will spin off its US-focused brands and licensing business through a stock split as it launches another round of restructuring.

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Why Japan invests too much

Why Japan invests too much
March 20, 2014 7:48 amby Andrew Smithers
The Japanese government is trying to encourage the country’s companies to increase the amount they invest. This is like trying to push water uphill. Japan as a whole and in terms of business already invests too much. Read more of this post

Candour without bruises: how to get a Pixar buzz; Creativity, Inc: Overcoming the unseen forces that stand in the way of true inspiration, by Ed Catmull with Amy Wallace

March 19, 2014 2:50 pm
Candour without bruises: how to get a Pixar buzz
Review by Adam Jones
Creativity, Inc: Overcoming the unseen forces that stand in the way of true inspiration, by Ed Catmull with Amy Wallace, Random House, $28/£20
Pixar uses technology only as a means to an end; its films are rooted in human concerns, not computer wizardry. The same can be said of Creativity Inc, Ed Catmull’s endearingly thoughtful explanation of how the studio he co-founded generated hits such as the Toy Story trilogy, Up and Wall-E.

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Top careers for the next 25 years; Many professions will become obsolete over the next quarter-century – but some will flourish

March 19, 2014 2:38 pm
My top five careers for the next 25 years
By Michael Skapinker
Many professions will become obsolete over the next quarter-century – but some will flourish
What career would you advise a young person to go into today? That was one of the questions addressed by a panel I chaired last week at Mipim, the huge property fair in Cannes that was marking its 25th anniversary.

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Let a hundred companies fail

March 19, 2014 3:21 pm
Let a hundred companies fail
China’s defaults are necessary but require careful handling
Since taking off five years ago, China’s debt market has had the appearance of a one-way bet. The country’s turbocharged growth meant corporations were typically in good enough financial health to pay back their loans. But even those companies that ran into trouble did not face the risk of default, since the government would order state-owned banks to ride to their rescue. The same principle applied to local authorities, which were put in the position to borrow large sums of money via off-balance sheet financial vehicles. Read more of this post

Book Review: ‘The Adventures of Henry Thoreau’ by Michael Sims; Mother nature, and the father figure of Ralph Waldo Emerson, shaped the author of “Walden.”

Book Review: ‘The Adventures of Henry Thoreau’ by Michael Sims
Mother nature, and the father figure of Ralph Waldo Emerson, shaped the author of “Walden.”
BRENDA WINEAPPLE
March 19, 2014 7:12 p.m. ET
Although Henry David Thoreau documented in detail his sojourn at Walden Pond, we don’t really know the young man who will later become a canonical author, or so Michael Sims argues in “The Adventures of Henry Thoreau: A Young Man’s Unlikely Path to Walden Pond.” “I didn’t want to applaud Thoreau,” Mr. Sims explains. “I wanted to find Henry.” The title of Mr. Sims’s book echoes Mark Twain’s “Adventures of Huckleberry Finn, ” but unlike those of Huck, the so-called adventures of Thoreau are largely internal.

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For the Youngest Startups, No Billions; Valuations Soar for a Select Few, While Many Early-Stage Ventures Struggle

For the Youngest Startups, No Billions
Valuations Soar for a Select Few, While Many Early-Stage Ventures Struggle
ANGUS LOTEN, EMILY CHASAN and RUSS GARLAND
March 19, 2014 7:31 p.m. ET
Young companies thinking they might be worth billions may need a reality check.
Despite the hubbub over select startups such as WhatsApp, the mobile-messaging app bought by Facebook Inc. for $19 billion, first-round valuations for U.S. startups fell last year, data show, even as later-round valuations surpassed levels of the dot-com era.
Seed-round funding valuations—set as a business prepares to launch, or soon after—dropped nearly 30% in 2013 to nearly $2 million, from $2.7 million in 2012, and less than half of a $4.8 million high set in 2000, according to Dow Jones VentureSource. Likewise, first-round funding valuations fell 28% to $5 million, from $7 million in 2012, and $12 million in 2000.

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Slumping Fertility Rates in Developing Countries Spark Labor Worries; Birthrates Fall in Thailand, Raising Concerns about Aging Population

Slumping Fertility Rates in Developing Countries Spark Labor Worries
Birthrates Fall in Thailand, Raising Concerns about Aging Population
JAMES HOOKWAY
March 19, 2014 10:31 p.m. ET

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BAAN TAM TA KEM, Thailand—Slumping fertility rates aren’t just a problem for wealthy countries anymore.
Birthrates have fallen in Thailand in recent years, making it one of the poorest countries facing the prospect of shrinking labor pools and an aging population. Such problems, while familiar in Europe and Japan, used to be unheard of in the up-and-coming economies of Southeast Asia. Read more of this post