Scientists publish ‘navigation maps’ for human genome

Scientists publish ‘navigation maps’ for human genome

Wed, Mar 26 2014

By Kate Kelland

LONDON (Reuters) – A large international team of scientists has built the clearest picture yet of how human genes are regulated in the vast array of cell types in the body – work that should help researchers target genes linked to disease. Read more of this post

Mining bosses doubt private equity investors can strike gold

Mining bosses doubt private equity investors can strike gold

2:03pm EDT

By Silvia Antonioli and Dmitry Zhdannikov

LAUSANNE, Switzerland (Reuters) – Private equity firms, which have been showing an increased interest in investing in the mining industry, will have a hard time even if they are betting on recovery in the longer term, the bosses of Anglo American (AAL.L: QuoteProfileResearchStock Buzz) and Glencore Xstrata (GLEN.L:QuoteProfileResearchStock Buzz) said on Tuesday. Read more of this post

Home-grown nuts firm Tai Sun has an annual turnover of over $40m

Business built from nuts

Wednesday, Apr 02, 2014

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Rebecca Lynne Tan

The Straits Times

An unassuming woman with short salon-set hair, whose only accessories are a pair of simple but classic pearl earrings, greets you with a smile as you enter the office of nuts and snacks specialist Tai Sun (Lim Kee) Food Industries in Pandan Loop. Read more of this post

Singapore club Ku De Ta shareholders fight over sales proceeds in LVMH’s $100m takeove ; founder Chris Au allged to divert company’s resources to his other businesses, and alleged non-payment of at least $8.21 million in dividends

Ku De Ta shareholders fight over sales proceeds

Wednesday, Apr 02, 2014

Grace Leong

The Straits Times

SINGAPORE – The ink had barely dried on a $100 million-plus takeover of swish Singapore club Ku De Ta when its shareholders began waging a legal battle over the distribution of proceeds. Read more of this post

Paraplegic walks tall with bionic backpack; A state-of-the-art device called “ReWalk”, which can help those with paraplegia learn how to walk, may soon be available in Australia

Paraplegic walks tall with bionic backpack

April 1, 2014

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Kate Hagan

A state-of-the-art device called “ReWalk”, which can help those with paraplegia learn how to walk, may soon be available in Australia. Read more of this post

How to keep the flies from biting: dress as a zebra

How to keep the flies from biting: dress as a zebra

April 2, 2014 – 11:00AM

Miranda Prynne

Wearing striped clothing could help protect holidaymakers from insect bites, as this is the reason why zebras are black and white, scientists say. Read more of this post

Beijing vs. Banking Innovation; State banks and regulators take on Internet finance

Beijing vs. Banking Innovation

State banks and regulators take on Internet finance.

April 1, 2014 11:57 a.m. ET

China’s state-owned banks are ramping up their assault against Alipay, the online payment service launched by e-commerce giant Alibaba. The fuss centers on its money-management fund that since last June has been offering consumers higher returns than traditional deposits. It turns out the old banking order and its cronies in Beijing won’t allow financial liberalization to happen without a fight. Read more of this post

Second Chinese Bond Company Defaults, First High Yield Bond Issuer

Second Chinese Bond Company Defaults, First High Yield Bond Issuer

Tyler Durden on 04/01/2014 08:01 -0400

In the middle of 2012, to much yield chasing fanfare, China launched a private-placement market for high-yield bonds focusing on China’s small and medium companies, that in a liquidity glutted world promptly found a bevy of willing buyers, mostly using other people’s money. Less than two years later, the first of many pipers has come demanding payment, when overnight Xuzhou Zhongsen Tonghao New Board Co., a privately held Chinese building materials company, failed to pay interest on high-yield bonds, according to the 21st Century Business Herald. Read more of this post

Asia’s manufacturing powers stutter, stir talk of policy support

Asia’s manufacturing powers stutter, stir talk of policy support

6:35am EDT

By Adam Rose and Leika Kihara

BEIJING/TOKYO (Reuters) – Asia’s major economies finished the first quarter on a weak note with manufacturing surveys in China and Japan fueling expectations that policymakers will be forced to act in coming months to prop up faltering growth. Read more of this post

Why banks, hedge funds and Silicon Valley all want their own stock exchanges

Why banks, hedge funds and Silicon Valley all want their own stock exchanges

By Tim Fernholz @timfernholz

Because market makers are profit takers.

The new book from financial scribe Michael Lewis tracks the battle over high-frequency trading, computer-augmented strategies traders use to exploit small differences in time and price. Lewis argues that such strategies ”very likely generated more billions of dollars a year than the other strategies combined.” Read more of this post

The Reverse Innovation Paradox: Business experts say a wealth of new products and ideas will flow from emerging economies to developed markets-but real-world examples are hard to find

Posted: March 4, 2014

John Jullens is a partner with Booz & Company based in Shanghai. He co-leads the firm’s engineered products and services practice in Greater China. He blogs at www.johnjullens.com.

The Reverse Innovation Paradox Read more of this post

Vietnam IPOs of State-Owned Companies Underperform

Vietnam IPOs of State-Owned Companies Underperform

About One Quarter of Shares on Offer Were Sold in First Quarter

NGUYEN PHAM MUOI

April 1, 2014 2:40 a.m. ET

HANOI—Vietnam’s initial public offerings of state-owned enterprises in the first quarter of this year have shown poor results, with only small amounts of shares on offer being sold mostly to local investors, according to data from market regulators in Hanoi and Ho Chi Minh City. Read more of this post

Factoring in China’s Machinery Maker Blues

Factoring in China’s Machinery Maker Blues

ABHEEK BHATTACHARYA

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Laborers worked on a construction site in Anhui province in March. State-owned Zoomlion is a leading maker of the machinery that was used in China’s recent building spree. Reuters Read more of this post

Watchmakers Craft Timepieces From Exotic Materials; Designers Use Moon Dust, Metal From Sports Cars, Even Material From Statue of Liberty

Watchmakers Craft Timepieces From Exotic Materials

Designers Use Moon Dust, Metal From Sports Cars, Even Material From Statue of Liberty

JOHN REVILL

The Statue of Liberty, Apollo 11 and the Titanic are just some of the materials used to make the timepieces on display at the Baselworld watch fair, which can cost between $400 and $55 million. Read more of this post

Hobie Alter, who was known as the Henry Ford of the surfboard industry for his manufacturing innovations and who used his idle time to create the Hobie Cat, dies at 80

Hobie Alter, Innovator of Sailing and Surfing, Dies at 80

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By DENNIS HEVESIMARCH 31, 2014

Hobie Alter, who was known as the Henry Ford of the surfboard industry for his manufacturing innovations and who used his idle time to create the Hobie Cat, the lightweight, double-hulled sailboat that achieved worldwide popularity, died on Saturday at his home in Palm Desert, Calif. He was 80. Read more of this post

The Employer’s Creed: The hiring process deeply affects the kind of people we have in our society. A little healthy bias in decision-making might cultivate deeper, fuller human beings

The Employer’s Creed

MARCH 31, 2014

David Brooks

Dear Employers,

You may not realize it, but you have a powerful impact on the culture and the moral ecology of our era. If your human resources bosses decide they want to hire a certain sort of person, then young people begin turning themselves into that sort of person. Read more of this post

Cartels: Just one more fix; Trustbusters have got better at detecting cartels and bolder in punishing them. But incentives to fix prices remain strong

Cartels: Just one more fix; Trustbusters have got better at detecting cartels and bolder in punishing them. But incentives to fix prices remain strong

Mar 29th 2014 | NEW YORK | From the print edition

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Beijing’s housing registration plans spark property dump

Beijing’s housing registration plans spark property dump

Staff Reporter

2014-04-01

Chinese officials are said to be frantically selling off their mansions and holiday homes at low prices following the government’s declaration of plans to build a national housing information network, reports the Chinese-language Beijing Morning Post. Read more of this post

China’s first lady Peng wrote four Chinese characters to Michelle Obama – hou de zai wu – meaning “deep grace and generosity” which sound almost the same as “debt-ridden.” Was Peng trying to remind that America still owes Chin

Debt snub in first lady write-off
Mary Ma
Tuesday, April 01, 2014

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US First Lady Michelle Obama has concluded her official visit to China, winning praise from the Western media. Read more of this post

Hundsun is the country’s biggest trading software provider for securities and fund companies, holding more than 70 percent of the market in major fields under the category; in talks with Alibaba about potential cooperation

03.31.2014 15:33

Major Financial Software Firm Halts Trading of Its Shares

Alibaba said to be negotiating with Hundsun Technology’s parent about potential cooperation, which has some companies worried about their confidential information Read more of this post

Top Korean companies report compensation for boards of directors; Disgraced SK Group Chairman Chey Tae-won dwarfed other chiefs of leading Korean conglomerates as a compensation king

SK Group boss a 30 billion won man

Top companies report compensation for boards of directors

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Apr 01,2014

Disgraced SK Group Chairman Chey Tae-won dwarfed other chiefs of leading Korean conglomerates as a compensation king, according to the compiled regulatory filings yesterday.  Read more of this post

The depressing truth behind Michael Lewis’ Flash Boys: Even the world’s top investors don’t understand today’s markets

The depressing truth behind Michael Lewis’ Flash Boys: Even the world’s top investors don’t understand today’s markets

By Matt Phillips @MatthewPhillips March 31, 2014

The ideas aren’t new. Unsavory elements of high-speed computerized trading have been a concern since at least May 2010, when the so-called “flash crash” struck US exchanges. (Die-hard market geeks were concerned long before that.)  But Michael Lewis’s new book Flash Boys, on the perils of high-speed computerized markets, could still be important if only because it cuts through the dense webbing of jargon and complexity that has proven dangerous to the US financial system and the economy as a whole. Read more of this post

Scientists have grown fake muscles that could soon replace the real thing

Scientists have grown fake muscles that could soon replace the real thing

By Rachel Feltman @rachelfeltman 10 hours ago

Researchers have created artificially grown muscle that’s as strong and good at self-repair as the real thing. One day this could mean lab-grown replacements for permanently injured human muscle. But the advances are already being used to test the toxicity and effectiveness of new drugs. Read more of this post

Why The S&P 500′s $100 Billion Club Matters; 7% of the companies account for 40% of the S&P 500’s market cap and are responsible for 44% of earnings

Why The S&P 500′s $100 Billion Club Matters

SAM RO MARKETS  MAR. 31, 2014, 8:39 PM

The S&P 500 isn’t driven uniformly by 500 companies.

Because the index is weighted by market capitalization, the bigger companies have a bigger impact on the way it moves. Read more of this post

Malaysia’s JT International Gets US$247 million Takeover Offer

Malaysia’s JT International Gets US$247 million Takeover Offer

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Retail Stores Are Dying

Retail Stores Are Dying

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‘Frozen’ Just Joined The 10 Highest-Grossing Movies Of All Time and the Highest-Grossing Animated Picture Ever

‘Frozen’ Just Joined The 10 Highest-Grossing Movies Of All Time

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KIRSTEN ACUNA ENTERTAINMENT  MAR. 31, 2014, 10:16 PM

Sunday, Walt Disney announced “Frozen” is now the highest-grossing animated picture ever.  Read more of this post

How Dropbox Knows When You’re Sharing Copyrighted Stuff (Without Actually Looking At Your Stuff)

How Dropbox Knows When You’re Sharing Copyrighted Stuff (Without Actually Looking At Your Stuff)

Posted yesterday by Greg Kumparak (@grg)

Late last night, a tweet was spread far and wide showing that a DMCA notice had blocked a file from being shared on a Dropbox user’s account.

As of this afternoon, it’s seen just shy of 3 thousand retweets. Read more of this post

Can We Close the Pay Gap?

Can We Close the Pay Gap?

By DEBORAH HARGREAVES

MARCH 29, 2014, 2:30 PM  212 Comments

LONDON — The issue of pay ratios has become the latest front in a worldwide debate about inequality and the widening gap between the top 1 percent and everyone else. In the United States, the financial reforms of the Dodd-Frank Act contained a provision that would force American companies to disclose the ratio of the compensation of their chief executive officer to the median compensation of their employees. Yet fierce criticism from the business sector has succeeded in delaying this measure for four years — and counting. Read more of this post

Singapore’s Blk 71 to be shifted to Sentosa; will be turned into a tech museum

Singapore’s Blk 71 to be shifted to Sentosa; will be turned into a tech museum

By Dhaleta Surender Kumar

Blk 71 will be shifted brick-by-brick to island resort Sentosa. The new structure to come up in its place will have 71 levels to house 7,000 startups Read more of this post