R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
March 7, 2014 Leave a comment
The battle of the taxi apps may soon end in China
Staff Reporter
2014-03-03
The Shanghai Municipal Transport and Port Authority yesterday decided that from March 1, taxis will be forbidden from using taxi app services during morning and night peak hours. This could mark the end of the battle between China’s taxi app operators, China News Service reports. Read more of this post
March 7, 2014 Leave a comment
World’s first physical bitcoin store opens in HK
Staff Reporter
2014-03-03
Asia Nexgen CEO Ken Lo at the opening of the world’s first physical bitcoin store in Hong Kong on Feb. 28, 2014. (Photo/Xinhua) Read more of this post
March 7, 2014 Leave a comment
2014-03-03 17:21
Household debt – Korea’s Achilles’ heel
Gov’t urged to focus on supporting low-income people
By Kim Rahn
Debt is a big part of life for most Koreans. Many borrow to purchase or lease houses, start or grow businesses, or pay for their college tuition. Read more of this post
March 7, 2014 Leave a comment
Mar 3, 2014
How Messaging Apps Make Money
While WhatsApp has so far kept its messaging service simple and free of advertisements, rival apps like Line, Kakao Talk and WeChat have been scrambling to find ways to make money through additional services like video games and official accounts for corporate users. For those apps, one big challenge is to make sure that those efforts to generate revenue won’t undermine their appeal as communication and social networking tools. Read more of this post
March 7, 2014 Leave a comment
When Start-Ups Don’t Lock the Doors
By JENNA WORTHAM and NICOLE PERLROTHMARCH 2, 2014
Young tech companies have a long list of to-dos. Signing up users and raising money are usually at the top of the list.
Much further down? Data security. That neglect has recently come back to bite many hot new applications and web services — and their users — and has them rushing to improve their products after breaches and holes were discovered. Read more of this post
March 7, 2014 Leave a comment
Learning From the Doers: Developing Country Lessons for Advanced Economy Growth
Anusha Chari, Peter Blair Henry
NBER Working Paper No. 19934
Issued in February 2014
From 1980 to 1992, emerging and developing countries grew by 3.4 percent per year. Their annual rate of growth increased to 5.4 percent between 1993 and 2012. No such increase occurred for advanced nations, whose average growth from 1980-2012 was roughly constant (excluding the impact of the 2008-09 Recession). Developing nations turned themselves around by embracing discipline—sustained commitment to a pragmatic and flexible growth strategy. Three illustrations of discipline through the lens of trade, fiscal, and debt reforms in the developing world offer relevant, practical lessons for recovery in advanced economies and continued catch-up growth in developing nations.
March 7, 2014 Leave a comment
March 2, 2014 5:06 pm
What to watch for at the annual session of China’s faux parliament
By Jamil Anderlini in Beijing
Each year in early March, thousands of delegates to China’s official lawmaking and top political advisory bodies gather in Beijing to rubber-stamp laws and policies decided by the country’s ruling Communist party. Read more of this post
March 7, 2014 Leave a comment
Last updated: March 2, 2014 5:45 am
Japan’s gamble with casino licences sets pulses racing
By Jonathan Soble in Tokyo
At the Japan Casino School in Tokyo, students can train as blackjack dealers or take specialised English courses so as to better direct the world’s gamblers to place their bets. Read more of this post
March 7, 2014 Leave a comment
March 2, 2014 6:28 pm
China’s mobile sector grows up superfast
By Daniel Thomas, Telecoms Correspondent
The bustling shopping streets of Shanghai drive home the image of a country glued to mobile devices, often at the expense of passers-by shouldered out of the way by workers hurrying past with smartphone in hand. Read more of this post
March 7, 2014 2 Comments
THE MONDAY INTERVIEW
March 2, 2014 4:11 pm
Hasso Plattner, SAP’s software pioneer still sailing on
By Paul Taylor and Chris Bryant
Database race: Mr Plattner has chosen to pursue his passion for sailing with smaller boats Read more of this post
March 7, 2014 Leave a comment
Web-Enabled Toothbrushes Join the Internet of Things
Devices Link to Smartphones to Record Brushing Habits
SAM SCHECHNER
March 2, 2014 10:35 p.m. ET
Your trusty toothbrush is the latest household device to be connected to the Internet. Sam Schechner takes a look at two of the latest offerings and what they tell you about your oral hygiene. Read more of this post
March 7, 2014 Leave a comment
Li Ka-Shing Dismisses Talk of Retirement
Hong Kong Tycoon’s Flagship Company Gets Boost From Its European Expansion
CHESTER YUNG and TE-PING CHEN
Updated Feb. 28, 2014 7:09 a.m. ET
Li Ka-shing’s appearances are among Hong Kong’s most-watched events. Bloomberg News
HONG KONG—Hong Kong tycoon Li Ka-shing of conglomerate Hutchison Whampoa Ltd.0013.HK +0.86% said Friday he is still helming his corporate empire and has no plans to retire, despite increasing concerns about his health as he turns 86 later this year. Read more of this post
March 6, 2014 Leave a comment
In U.S. mergers, no one waits for this waiting period
1:05am EST
By David Ingram
WASHINGTON (Reuters) – Sometime soon, maybe in the next month or so, a federal judge is expected to decide whether the creation of the world’s biggest passenger airline, as envisioned by two companies and the U.S. Justice Department, was really a good idea. Read more of this post
March 6, 2014 Leave a comment
Singapore sting: Sky-high prices are pushing locals to the edge of affordability
Some Singaporeans are concerned that more attention has been paid to attracting wealth than addressing their needs
TUESDAY 04 MARCH 2014
Singapore’s super rich are always on the lookout for new playthings. At a jetty near the Changi Airport over the weekend, a vehicle called The Humdinga – a cross between a Hummer and a boat – was launched in a display for local media. The amphibious car is designed for disaster relief and policing, but some of the city state’s wealthier residents are eyeing it as an alternative to another Ferrari 458. The chance to bypass traffic by dipping into the waterways to reach the office, golf course or their yacht, is pretty alluring. Read more of this post
March 6, 2014 Leave a comment
Beijing Signals New Worry on Growth
Economic Growth Forecast Is Unchanged From Last Year at 7.5%, but Leaders Show New Concern on Reaching Goal
MARK MAGNIER
Updated March 5, 2014 2:08 a.m. ET
The Chinese government maintained the country’s growth target at 7.5% for the coming year. But as City University of Hong Kong professor Joseph Cheng tells Deborah Kan, concerns over steady growth are mounting. Read more of this post
March 6, 2014 Leave a comment
Bernanke Finally Reveals, In One Word, Why The Financial System Crashed
Tyler Durden on 03/04/2014 23:32 -0500
Now that Ben Bernanke is no longer the head of the Fed, he can finally tell the truth about what caused the financial crash. At least that’s what a packed auditorium of over 1000 people as part of the financial conference staged by National Bank of Abu Dhabi, the UAE’s largest bank, was hoping for earlier today when they paid an exorbitant amount of money to hear the former chairman talk. Read more of this post
March 6, 2014 Leave a comment
Bitcoin Claims Its First “Real” Victim
Tyler Durden on 03/04/2014 20:45 -0500
[UPDATE: Tech in Asia has updated the article to emphasize that suicide is only suggested and not certain]
The last few weeks have been dismally littered with two things. The virtual losses of virtual wealth from virtual currency speculation and the very real losses of very real humans with very real senior financial services positions. Sadly, as NewsWatch reports, tonight sees the two trends converge as the 28-year-old CEO of Singapore-based Bitcoin exchange First Meta has been found dead. The exact reason that may have led to the suicide is not known, and whether the Police have concluded that the cause of death is suicide is also unofficial. Read more of this post
March 6, 2014 Leave a comment
Heading toward the caregiving cliff
WRITTEN BYRichard Harris
Perhaps the most memorable moment of President Obama’s State of the Union address in January was when he introduced Sgt. First Class Cory Remsburg. Nearly killed by a massive roadside bomb in 2009 during his 10th deployment to Afghanistan, the Army ranger was found facedown in a canal. After nearly three months in a coma and dozens of surgeries, Remsburg — who was blinded in one eye — tried to acknowledge the standing ovation on Capitol Hill by standing up. But he needed help. At his side was his father, Craig, who lifted his son from his seat. Once up, Cory flashed the cheering crowd a thumbs-up. Read more of this post
March 5, 2014 Leave a comment
Paper Business Cards Live On, Defying Technology
Actor Damon Wayans Promotes an App to Let Users Share Contacts Phone to Phone
RYAN KNUTSON
March 2, 2014 7:53 p.m. ET
Actor Damon Wayans last week in Barcelona, where he was promoting an app that lets users create and share digital business cards. Ryan Knutson/The Wall Street Journal Read more of this post
March 5, 2014 Leave a comment
Soaring Luxury-Goods Prices Test Wealthy’s Will to Pay
Sales Growth Slows as Competition Heats Up; ‘Prices Have Gotten Really Crazy’
SUZANNE KAPNER and CHRISTINA PASSARIELLO
March 2, 2014 6:42 p.m. ET
Despite expanding into new markets, the luxury-retail business has been relying on price increases to drive sales. Now, even the very wealthy are nearing the limits of what they are willing to spend. Read more of this post
March 5, 2014 Leave a comment
‘A Spirit-Visit to an Ancient Land’
A Chinese poem re-creates an epic third-century naval battle
JOHN J. TKACIK
Updated March 1, 2014 12:37 p.m. ET
Nowadays, harried parents plop their little ones in front of a TV set or an iPad to keep them occupied. A millennium ago in China, village storytellers would, for a small fee, recite from memory, with a little help from their prompt books, hundreds of ancient warrior tales—particularly those of the Three Kingdoms—to entertain the young ones. Read more of this post
March 5, 2014 Leave a comment
A Day in the Life of Daisuke Nakazawa
At Sushi Nakazawa, a disciple of Japan’s most revered sushi chef applies his perfectionism to a centuries-old cuisine—served up with a New York twist
ALEX FRENCH
Feb. 28, 2014 9:32 a.m. ET
ROLL CALL | Nakazawa in the kitchen before the day’s prep begins Photography by Thomas Giddings for WSJ. Magazine
EVERY DAY BETWEEN the hours of 11:30 a.m. and 5 p.m. in a West Village basement, sushi chef Daisuke Nakazawa, 35, and his staff labor in almost complete silence. No music plays, no phones ring, few words are spoken. Monastically absorbed in the work of breaking down the day’s fresh ingredients—cracking open sea urchins with pliers, skinning a live octopus on a gleaming prep table—the Sushi Nakazawa kitchen crew prepares to serve the restaurant’s 20-course omakase menu, which has become one of the most coveted meals in New York City. Since it opened in August 2013, critics have touted Sushi Nakazawa as one of the city’s best sushi restaurants—no small feat in a town that’s home to revered roll temples such as Masa and Ichimura at Brushstroke. Read more of this post
March 5, 2014 Leave a comment
Mar 3, 2014
Beijing’s Smog Ain’t Going Nowhere
Last week was another one of those weeks in Beijing: all anyone could talk about was the smog. A brief respite after rainfall Wednesday night served only to underline just how bad things have been: the American embassy’s air quality index was back into “unhealthy” territory by Friday morning, where it remained for much of the weekend. Read more of this post
March 5, 2014 Leave a comment
Tesla Convertible Debt Electrifies Long-Term Investors
MATT JARZEMSKY And TELIS DEMOS
March 2, 2014 5:58 p.m. ET
Tesla Motors Inc. TSLA -3.06% is showing that when it comes to Wall Street, it is more than just a plaything for day traders and ardent believers in electric cars. Read more of this post
March 5, 2014 Leave a comment
China’s state planning body grows more assertive as revamp looms
4:04pm EST
By Michael Martina and Benjamin Kang Lim
BEIJING (Reuters) – China will present proposals to revamp its behemoth economic planning agency at an annual session of parliament this week, sources said, but the organization’s role as an antitrust regulator could eventually be enhanced. Read more of this post
March 5, 2014 Leave a comment
North Korea fires two short-range missiles into sea: Seoul
7:10pm EST
SEOUL (Reuters) – North Korea fired two short-range missiles on Monday into the sea off the east coast of the Korean peninsula, South Korea’s defense ministry said, days after launching similar rockets last week. Read more of this post
March 5, 2014 Leave a comment
LG Chem CEO says mulls electric car battery plant in China
Sat, Mar 1 2014
SEOUL (Reuters) – Chief executive of LG Chem said that the South Korean company was considering building an electric vehicle battery plant in China, expecting Beijing’s efforts to tackle air pollution to drive demand. Read more of this post
March 5, 2014 Leave a comment
Spot checks on the global economy and a dilemma for the ECB
2:03pm EST
By Jeremy Gaunt
LONDON (Reuters) – Take your pick of the most important economic event of the coming week – forward-looking global activity data, interest rate decisions in Europe or a spot-check on U.S. jobs after a month of particularly bad weather. Read more of this post
March 5, 2014 Leave a comment
Comcast would consider a spinoff of subscribers: source
Fri, Feb 28 2014
(Reuters) – Comcast is considering spinning off the 3 million subscribers it has offered to divest as part of its proposed $45.2 billion takeover of Time Warner Cable, into a publicly traded company, according to sources familiar with the matter. Read more of this post
March 5, 2014 Leave a comment
Productivity challenge stumps builders
Monday, Mar 03, 2014
Cheryl Ong
The Straits Times
SINGAPORE – Builders are used to meeting complex challenges – just look at the Marina Bay Sands or any MRT station – but lifting productivity in the construction sector seems to stump them at every turn. Read more of this post
咬定青山不放松，立根原在破岩中。 千磨万击还坚劲，任尔东西南北风。
Bamboo Innovator 