His devotion to ailing wife will move you to tears

His devotion to ailing wife will move you to tears

Tuesday, Apr 15, 2014
The New Paper
By Maureen Koh

SINGAPORE – Devotion is a word not often used these days where love is the common currency of expression between a man and woman. If you want to truly understand it, you need to read this story.

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Temasek’s dealmaking reflects big bets on rise of the consumer

Last updated: April 14, 2014 7:25 pm

Temasek’s dealmaking reflects big bets on rise of the consumer

By Jeremy Grant in Singapore

From toothpaste and shampoo in China to instant noodles and tomato paste in Africa, Temasek is betting big on growth in an emerging middle class – a significant shift for Singapore’s $171bn national investment agency, long known for its emphasis on the financial sector.

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Buffett derivatives, just ignore the volatility

Buffett derivatives, just ignore the volatility

Dan McCrum | Apr 14 16:44 | Comment Share

Part of the BUFFETT DERIVATIVES SERIES

There’s an old Russian proverb, popularised by Ronald Reagan, which comes up among due diligence types: trust, but verify. Read more of this post

Is ‘smart beta’ the latest magic money tree? Returns could decline as more money flows into the strategies

April 14, 2014 8:30 am

Is ‘smart beta’ the latest magic money tree?

By Pauline Skypala

Returns could decline as more money flows into the strategies

Investors are always on the lookout for a magic money tree. The latest candidate for that label has been dubbed “smart beta”, although some would argue it fits neither of those descriptions. Read more of this post

Chinese munis will help curb shadow banks; Beijing to hasten launch of municipal bond market

April 15, 2014 6:38 am

Chinese munis will help curb shadow banks

By Henny Sender

Beijing to hasten launch of municipal bond market

It is never a good idea to have an overdeveloped capital market, as is the case in the US. Nor is it a good idea to have an under-developed capital market, as is the case in China. But at least governments can address the former more easily than the latter. Read more of this post

China engineers ‘Potemkin defaults’ to mask debt reality; Beijing wants market discipline without halting growth

April 14, 2014 11:46 am

China engineers ‘Potemkin defaults’ to mask debt reality

By Jamil Anderlini in Beijing

Beijing wants market discipline without halting growth

In the past two months, China has suffered its first domestic bond default in recent history and a series of small bankruptcies that have some investors fretting the country could face its very own “Lehman moment”. Read more of this post

The Fragile Middle: China’s migrant workers test urbanisation drive; One in five Chinese only a wage away from losing middle-class status

April 14, 2014 4:04 pm

The Fragile Middle: China’s migrant workers test urbanisation drive

By Jamil Anderlini in Beijing

Xu Bo has worked in a construction gang in Beijing for four years, helping build the city apartments and skyscrapers that symbolise China’s urban transformation. Read more of this post

How the internet is making it harder to read books

How the internet is making it harder to read books

April 8, 2014

Michael S. Rosenwald

Claire Handscombe has a commitment problem online. Like a lot of internet surfers, she clicks on links posted on social networks, reads a few sentences, looks for exciting words, and then grows restless, scampering off to the next page she probably won’t commit to. Read more of this post

A nod to the power of humour; In diplomacy, in business communications and in defensive PR, being funny is hugely valuable

April 14, 2014 2:47 pm

A nod to the power of humour

By Sam Leith

In diplomacy, in business communications and in defensive PR, being funny is hugely valuable

To Trinity College, Oxford to give a talk at the UK Speechwriters’ Guild’s annual conference for speechwriters and business communicators. A proper treat. I don’t know what the collective noun for speechwriters is, but here they were – delegates from all over Europe listening to presentations, swapping tips and eating biscuits. Read more of this post

Regulators Weigh Curbs on Trading Fees; SEC Officials Consider Testing ‘Maker-Taker’ Plans

Regulators Weigh Curbs on Trading Fees

SEC Officials Consider Testing ‘Maker-Taker’ Plans

SCOTT PATTERSON And ANDREW ACKERMAN

April 14, 2014 7:08 p.m. ET

WASHINGTON—A fee system that is a major source of revenue for exchanges and some high-frequency trading firms is coming under the heightened scrutiny of regulators concerned that market prices are being distorted, according to top Securities and Exchange Commission officials. Read more of this post

How Sports Direct won a place in the premier league of retail

April 14, 2014 5:18 pm

How Sports Direct won a place in the premier league of retail

By Andrew Hill and Andrea Felsted

Sports Direct has no official outpost in Verbier. But most weeks in winter, Mike Ashley, the sporting goods retailer’s mercurial founder, rewards small groups of top-performing staff with a stay in his chalet, complete with private chef. The association of the upmarket Swiss ski resort and the value-driven chain – with its racks of discounted trainers and tracksuits – feels unlikely. But the chalet perks are emblematic of the group’s unorthodox management, inbuilt contradictions and extraordinary ambition. Read more of this post

Housing Trouble Grows in China; Overbuilding by Real-Estate Developers Leaves Smaller Cities With Glut of Apartments

Housing Trouble Grows in China

Overbuilding by Real-Estate Developers Leaves Smaller Cities With Glut of Apartments

BOB DAVIS and

ESTHER FUNG

April 14, 2014 10:30 p.m. ET

CHANGZHOU, China— Wu Xuesong, a professor in this city on the Yangtze, says he doubled his money on an apartment he bought as an investment some years back and is ahead on a second.

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Stock Pickers Get Turn To Shine; New that markets are no longer moving in lock step, corporate fundamentals, and the ability to pick stocks, are becoming more important

Stock Pickers Get Turn To Shine

FRANCESCO GUERRERA

Updated April 14, 2014 11:11 p.m. ET

First it was Gwyneth Paltrow and Chris Martin. Now it is markets and the Federal Reserve that are engaged in “conscious uncoupling.” Read more of this post

Is Film the End of the Road for Small Cinemas? As Studios Shift to Digital Distribution, Theaters Struggle to Pay for Upgrades; A Bake Sale in Berwick

Is Film the End of the Road for Small Cinemas?

As Studios Shift to Digital Distribution, Theaters Struggle to Pay for Upgrades; A Bake Sale in Berwick

ERICH SCHWARTZEL

April 14, 2014 8:15 p.m. ET

When Renee DiAugustine-Bower’s grandfather died in 2013, she took over the one-screen movie theater he’d operated in their small Pennsylvania town for decades. She also inherited a looming need to shell out $60,000 for new technology or be forced to close the theater’s doors. Read more of this post

Wal-Mart Cries Foul on China Fines; Company Says Safety Burden Unfairly Falls on Retailers, Rather Than Manufacturers

Wal-Mart Cries Foul on China Fines

Company Says Safety Burden Unfairly Falls on Retailers, Rather Than Manufacturers

LAURIE BURKITT in Beijing And SHELLY BANJO in New York

Updated April 13, 2014 8:38 p.m. ET

China’s government is stepping up the regulation of food manufacturers and retailers. The WSJ’s Deborah Kan speaks with David Ettinger from law firm Keller and Heckman about the latest changes in China’s food standards.

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Education and India’s Jobs Crisis

Apr 14, 2014

Education and India’s Jobs Crisis

RAYMOND ZHONG and SAPTARISHI DUTTA

Ram Singh knows basic arithmetic, Hindi and elementary English. But he regrets leaving school early. Read more of this post

Beijing’s Bad-Air Days, Finally Counted

Apr 14, 2014

Beijing’s Bad-Air Days, Finally Counted

Thanks to the U.S. State Department, Beijing residents finally have the answer to one of the city’s greatest mysteries: How often is the air polluted?

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Asia Joins Trend Toward Floating-Rate Bonds; Issuance at Fastest Pace on Record to Catch U.S. Demand

Asia Joins Trend Toward Floating-Rate Bonds

Issuance at Fastest Pace on Record to Catch U.S. Demand

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FIONA LAW

April 14, 2014 12:51 a.m. ET

To take advantage of demand from U.S. investors worried about rising interest rates, Asian companies are changing the way they raise cash, selling floating-rate debt at the fastest pace on record. Read more of this post

Samsung said its gains in the U.S. smartphone market are the result of a strategy shift begun in 2011, not because it “followed” Apple’s iPhone

Samsung Says Branding Drove Gains

Electronics Maker Insists Apple Had Nothing to Do With Its Smartphone Success

DAISUKE WAKABAYASHI

Updated April 14, 2014 7:22 p.m. ET

A Samsung Electronics Co. executive said its gains in the U.S. smartphone market are the result of a strategy shift begun in 2011, not because it “followed” Apple Inc.AAPL +0.40% ‘s iPhone. Read more of this post

A nationwide manhunt for an outspoken radio commentator accused of threatening the country’s king expanded and has rekindled one of Thailand’s most flammable disputes: the role of its monarchy

Hunt for Thai Radio Personality Grows

Ko Tee Accused of Threatening King Bhumibol

JAMES HOOKWAY

Updated April 14, 2014 7:11 p.m. ET

BANGKOK—A nationwide manhunt for an outspoken radio commentator accused of threatening the country’s king expanded Monday and has rekindled one of Thailand’s most flammable disputes: the role of its monarchy. Read more of this post