The great Indian election – It’s about jobs

The great Indian election – It’s about jobs

PATNA, India: Old enough to vote for the first time, student Sheeba Shamim, the daughter of a middle class family, and young construction workers sweating on a nearby building site are impatient for a government in India that delivers jobs and hope for the future. Read more of this post

Malaysia’s Asia File zooms in on M&A potential; “We are more of a European business than a Malaysian one now, as two-thirds of our turnover comes from the European market.”

Published: Saturday March 29, 2014 MYT 12:00:00 AM
Updated: Saturday March 29, 2014 MYT 7:23:45 AM

Asia File zooms in on M&A potential

BY LIZ LEE

Lim: ‘We are quite integrated now.’

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FIVE years since it first went into the European market, stationery maker Asia File Corp Bhd continues to be bullish on the potential for growth there, whether organically or through acquisitions, and its focus now is in continental Europe. Read more of this post

Auditing the auditors: Is the MIA’s latest report a clear snapshot of audit quality in Malaysia?

Published: Saturday March 29, 2014 MYT 12:00:00 AM

Auditing the auditors

BY ERROL OH

Is the MIA’s latest report a clear snapshot of audit quality in Malaysia?

IT’S easy to be sceptical about self-assessment exercises. How many people can be wholly critical and objective when evaluating what they see in the mirror? And surely fewer still are secure and honest enough to share the full results with the rest of the world. Read more of this post

The Deepest Human Life: An Introduction to Philosophy for Everyone

The Deepest Human Life: An Introduction to Philosophy for Everyone Hardcover

by Scott Samuelson  (Author)

Sometimes it seems like you need a PhD just to open a book of philosophy. We leave philosophical matters to the philosophers in the same way that we leave science to scientists. Scott Samuelson thinks this is tragic, for our lives as well as for philosophy. In The Deepest Human Life he takes philosophy back from the specialists and restores it to its proper place at the center of our humanity, rediscovering it as our most profound effort toward understanding, as a way of life that anyone can live. Exploring the works of some of history’s most important thinkers in the context of the everyday struggles of his students, he guides us through the most vexing quandaries of our existence—and shows just how enriching the examined life can be.   Read more of this post

Netflix Runs Into the IT Crowd

Netflix Runs Into the IT Crowd

MIRIAM GOTTFRIED

March 28, 2014 4:28 p.m. ET

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Competitive clouds are forming in Netflix‘s NFLX -1.46% crystal ball. Read more of this post

Accounting Trick Helps Banks Dodge Capital Pain

Accounting Trick Helps Banks Dodge Capital Pain

JOHN CARNEY

March 28, 2014 2:43 p.m. ET

Wall Street is a romantic place these days.

image001-15 Read more of this post

Would You Hire Socrates? It turns out that studying the humanities is not such a bad career move. But its real value lies elsewhere

Would You Hire Socrates?

It turns out that studying the humanities is not such a bad career move. But its real value lies elsewhere.

SCOTT SAMUELSON

March 28, 2014 6:34 p.m. ET

The myth that studying the humanities doesn’t pay was recently exploded by the Association of American Colleges and Universities and the National Center for Higher Education Management Systems. Read more of this post

Seoul’s Missing Ingredient: Chefs; Many of South Korea’s family-owned, down-to-earth restaurants specialize in a single dish that are based on recipes laid down by family matriarchs, but don’t have chefs who create their own sauce base

Mar 25, 2014

Seoul’s Missing Ingredient: Chefs

JEYUP S. KWAAK

Head Chef Hooni Kim with patrons at his inside New York restaurant, Danji

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Ramsay de Give for The Wall Street Journal

Korean cuisine arouses so much national pride that some South Koreans reach into their own pockets to advertise a single dish on major U.S. newspapers. So why are South Korean restaurants often ignored by food critics? Read more of this post

The Myth of Cheaper ETFs; Open-end index funds often charge lower fees-and are at least as tax-efficient

The Myth of Cheaper ETFs

Open-end index funds often charge lower fees—and are at least as tax-efficient.

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MARK HULBERT

Updated March 28, 2014 5:47 p.m. ET

Here is a surprise for most investors: Exchange-traded funds aren’t always cheaper than traditional open-end mutual funds. Read more of this post

Pets Vs. Cattle: The Rising Value of Cloud Computing Skills

Mar 28, 2014

Pets Vs. Cattle: The Rising Value of Cloud Computing Skills

SPENCER E. ANTE

A few months ago, James Weatherell updated his online resume on LinkedIn with his recent experience working with new cloud-computing software known as Open Stack.  Since then, the phone of the 27-year-old computer engineer who works at the Broad Institute of Harvard and the Massachusetts Institute of Technology has been ringing off the hook. Read more of this post

Finances and the Aging Brain: The latest research on why even smart investors fall prey to financial predators

Finances and the Aging Brain

The latest research on why even smart investors fall prey to financial predators

JASON ZWEIG

March 28, 2014 12:12 p.m. ET

BRUCE MARTIN IS nobody’s fool. The former chairman of the chemistry department at the University of Virginia is the author of more than 200 scientific papers and a textbook on biophysical chemistry. After a lifetime of diligent saving, Martin, 84, is also a wealthy man, with several million dollars in assets. Read more of this post

Loyalty to India’s Gandhis Wavers; India’s Ruling Party and its Leading Clan Struggle with Economic Discontent Before Vote

Loyalty to India’s Gandhis Wavers

India’s Ruling Party and its Leading Clan Struggle with Economic Discontent Before Vote

NIHARIKA MANDHANA

March 28, 2014 8:11 p.m. ET

JAGDISHPUR, India—For decades, the farming communities that stretch out around this northern Indian town have elected Gandhis—generations of them. Read more of this post

Advice for a Happy Life by Charles Murray: Consider marrying young. Be wary of grand passions. Watch ‘Groundhog Day’ (again). Advice on how to live to the fullest

Advice for a Happy Life by Charles Murray

Consider marrying young. Be wary of grand passions. Watch ‘Groundhog Day’ (again). Advice on how to live to the fullest

CHARLES MURRAY

Updated March 28, 2014 8:29 p.m. ET

Consider marrying young. Be wary of grand passions. Watch “Groundhog Day” repeatedly. Charles Murray, author of “The Curmudgeon’s Guide to Getting Ahead,” joins the News Hub with some advice for young adults on living a good life. Photo: Getty Images. Read more of this post

Stephen Roach: Is This End Of Chinese Central Planning?

Stephen Roach: Is This End Of Chinese Central Planning?

Tyler Durden on 03/28/2014 20:53 -0400

Authored by Stephen Roach (author of Unbalanced: The Codependency of America and China), via The Jewish Business News,

“Isn’t it now time for China to abandon the concept of a growth target?” Read more of this post

SEC says shuts cloud computing scam targeting Asians, Hispanics

SEC says shuts cloud computing scam targeting Asians, Hispanics

2:56pm EDT

By Jonathan Stempel

(Reuters) – The U.S. Securities and Exchange Commission on Friday said it has shut down a worldwide pyramid scheme that falsely promised fast gains to tens of thousands of Asian-American, Hispanic and foreign investors from cloud computing services. Read more of this post

Amazon.com says not planning free TV service

Amazon.com says not planning free TV service

2:02pm EDT

By Deepa Seetharaman

SAN FRANCISCO (Reuters) – Amazon.com Inc has no plan to offer a free streaming TV service, a spokeswoman said on Friday following a report that the online retailer might turn up the heat against Netflix and Hulu. Read more of this post

Johnson Controls: From A Single Idea To $42.7 Billion In Sales

Johnson Controls: From A Single Idea To $42.7 Billion In Sales

by FastGraphsMarch 27, 2014, 2:58 pm

Johnson Controls (JCI) traces its roots back to an interesting bit of history. One hundred and thirty-one years ago, Warren Johnson was a professor in Whitewater, Wisconsin. It was here that he invented and installed the first electric tele-thermoscope – known today as the thermostat – in his classrooms. The invention served a dual purpose: it kept his students more comfortable and put an end to the hourly interruptions from the janitor checking the rooms’ temperature. Of course we can’t confirm this, but it would be our guess that Professor Warren was a regular student favorite. Read more of this post

As traditional journalism models collapse, billionaires grab the medium and the message

As traditional journalism models collapse, billionaires grab the medium and the message

DAVID SIROTA 

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Journalism, as you learn in your first J-school class, is all about the inverted pyramid. It is the shape that haunts you as a writer and guides you as an editor. And now, as evidenced by Pew’s new report on the state of the news, it is a shape that increasingly defines the media industry’s business model. It also explains why we’re suddenly seeing a raft of new Citizen Kanes’ investing in media and journalism. Read more of this post

Shares of Prince Frog (1259) plunged up to 27.% yesterday after its 2013 earnings fell, and the child-care products maker said it may repurchase shares again

Prince Frog thinks about reverse hop
Friday, March 28, 2014
Shares of Prince Frog International Holdings (1259) plunged up to 27.3 percent yesterday after its 2013 earnings fell, and the child-care products maker said it may repurchase shares again.

The stock hit a one-year low of HK$2.32 before closing at HK$2.38 – down 25.4 percent. It came a day after the Fujian-based firm said net profit last year tumbled 17.2 percent from 2012 to 200 million yuan (HK$249.6 million). Read more of this post

Anthony Bolton: What I learnt in three decades of investing

Anthony Bolton: What I learnt in three decades of investing

As he steps down afer a distinguished career picking shares, star fund manager Anthony Bolton writes exclusively for the Telegraph on the lessons he learned

As manager of the Fidelity Special Situations fund in the 28 years to 2007 Anthony Bolton achieved annual returns of nearly 19.5pc Photo: Tom Stockill Read more of this post

A New Facebook Lab Is Intent on Delivering Internet Access by Drone

A New Facebook Lab Is Intent on Delivering Internet Access by Drone

By VINDU GOELMARCH 27, 2014

SAN FRANCISCO — Watch out, Google. Facebook is gunning for the title of World’s Coolest Place to Work. And its arsenal includes unmanned drones, lasers, satellites and virtual reality headsets. Read more of this post

China’s Shadow Banking Malaise

China’s Shadow Banking Malaise

By PETER BOONE and SIMON JOHNSON

Peter Boone is chairman of the charity Effective Intervention and a research associate at the Center for Economic Performance at the London School of Economics. He is also a nonresident senior fellow at the Peterson Institute for International Economics. Simon Johnson is a professor at the M.I.T. Sloan School of Management and former chief economist at the International Monetary Fund. Read more of this post

Masters of Disaster: The Ten Commandments of Damage Control

Masters of Disaster: The Ten Commandments of Damage Control Paperback

by Christopher Lehane  (Author), Mark Fabiani (Author), Bill Guttentag (Author)

Whether you’re a politician caught with his pants down, an investment bank accused of accounting improprieties, or even a family-owned  restaurant with a lousy Yelp review, a crisis doesn’t have to be the make-or-break moment of your career. Correctly managed, even the most embarrassing “reply all” can quickly become a thing of the past. In Masters of Disaster, Christopher Lehane and Mark Fabiani, reveal the magic formula you need to take control when it’s your turn to be sucked into the vortex of the modern spin cycle. Covering the ten commandments of damage control, and based on their work for clients like Bill Clinton, Goldman Sachs and Hollywood  studios, the authors outline  the strategies that can make real time news alerts, Twitter trend lines and viral videos work for you rather against you. Full of both lively personal anecdotes and hard-knuckled straight talk, this is a must-read for anyone who wants to emerge with their reputation intact. Read more of this post

Failing Stress Test Is Another Stumble for Citigroup

Failing Stress Test Is Another Stumble for Citigroup

By MICHAEL CORKERY and JESSICA SILVER-GREENBERG

MARCH 27, 2014, 9:01 PM  4 Comments

Something didn’t quite seem right toCitigroup earlier this week.
The banking behemoth could show that it had enough capital to ride out an economic storm, but a regulator was refusing to approve its plan to increase dividends and stock buybacks, steps intended to please shareholders and build confidence in the bank’s turnaround. Read more of this post

A Fortune book spoiler: 10 ways to survive a crisis; Bill Clinton’s old fixers have a new paperback on handling PR emergencies. Here’s a shameless summary of the key points

A Fortune book spoiler: 10 ways to survive a crisis

March 28, 2014: 11:58 AM ET

Bill Clinton’s old fixers have a new paperback on handling PR emergencies. Here’s a shameless summary of the key points.

By Anne VanderMey

Crisis is everywhere. There are the national public relations fiascos: General Motors, Chris Christie, the NSA. And then there are the countless human missteps that plague companies every day: The reply-all email gaffe, the product defect, the affair. Be your crises big or small, these authors think they can help. Christopher Lehane and Mark Fabiani were dubbed the “Masters of Disaster” in a 1996 Newsweek profile for their work with Bill Clinton’s presidential campaign (they also ran interference after his impeachment). In a new paperback, co-authored with director Bill Guttentag, the authors repurpose their lessons in political crisis management for the C-suite. “Masters of Disaster: The Ten Commandments of Damage Control,” distills their best advice into 10 rules. We’ve, in turn, distilled those commandments into a handful of words. You’re welcome. Read more of this post

Microsoft opens door to a world beyond Windows; Tech group is finally ready to move beyond PC

March 27, 2014 7:12 pm

Microsoft opens door to a world beyond Windows

By Richard Waters

Tech group is finally ready to move beyond PC

Satya Nadella is ready to scrap the Windows tax.

This is the figurative ‘levy’ that other Microsoft businesses have had to suffer as the price of keeping Windows at the centre of the personal computing world. No new product or business idea saw the light of day unless it supported the greater good of Windows. Read more of this post

Swiss watchmakers say they have no time for tech groups’ advances

March 28, 2014 1:26 pm

Swiss watchmakers say they have no time for tech groups’ advances

By Elizabeth Paton in New York and Tim Bradshaw in San Francisco

Apple is trying to lure top Swiss watchmakers away from luxury brands owned by LVMH in the race to bring mobile computing to the wrist. Read more of this post

LVMH shakes up watches and jewellery product-mix and strategy

March 26, 2014 9:05 pm

LVMH shakes up watches and jewellery product-mix and strategy

By Adam Thomson

When it comes to managing its brands, France’s LVMH Moët Hennessy Louis Vuitton likes to take a laisser-faire approach. Autonomy and independence rank highly on its list of priorities. So when in January the group, controlled by Bernard Arnault, the French billionaire, announced a reshuffle of top management overseeing its watches and jewellery division, the luxury industry took note. Read more of this post

Novo Nordisk joins fight against diabetes epidemic in cities

Novo Nordisk joins fight against diabetes epidemic in cities

By Andrew Ward, Pharmaceuticals Correspondent

Novo Nordisk is to team up with some of the world’s biggest cities to find ways of tackling diabetes, amid warnings that the disease threatens a global “emergency” among growing urban populations. Read more of this post

Overseas success of S Korean music and TV opens doors for fashion

March 28, 2014 9:26 am

Overseas success of S Korean music and TV opens doors for fashion

By Simon Mundy in Seoul

A stream of 15 stern, spindly Korean women stride on five-inch high heels through a blizzard of artificial snow, parading flowing white dresses and quilted romper suits amid throbbing house music. Read more of this post