Women still rarely take the top seats at major conglomerates or chaebol in Korea’s male-dominated society

Updated : 2014-06-04 14:52

Women struggling to stay atop corporate ladder

By Kim Yoo-chul

Women still rarely take the top seats atmajor conglomerates or chaebol inKorea’s male-dominated society.
While the number of women atop thecorporate ladder is growing; chancesof them staying there are significantlyslim.
Some female CEOs are impressingmarkets despite this existing bias; butsome are seemingly failing to live up toexpectations.  Read more of this post

The value of transactions between Korea’s 10 biggest conglomerates and their affiliates hit a record high last year despite the government’s efforts to reduce it

Updated : 2014-06-04 11:12

Internal trades still headache at 10 big firms

By Choi Kyong-ae

The value of transactions between Korea’s 10 biggest conglomeratesand their affiliates hit a record high last year despite the government’s efforts to reduce it, Chaebul. com said Tuesday.
The government has stepped up the “economic democratization” driveto curb business transactions between the country’s 10 big companiesand their affiliates through stricter tax and corporate regulations.  Read more of this post

POSCO has decided to hire a veteran industrial bureaucrat to handleits relations with the government, a move seen as challenging Park’s anti-corruption drive of banning ranking state officials from working for major companies

Updated : 2014-06-03 18:34

POSCO challenges gov’t anti-corruption drive

By Park Si-soo

POSCO has decided to hire a veteran industrial bureaucrat to handleits relations with the government, a move seen as challengingPresident Park Geun-hye’s anti-corruption drive of banning ranking state officials from working for major companies after retirement.  Read more of this post

Tiananmen, Forgotten

Tiananmen, Forgotten

By HELEN GAOJUNE 3, 2014

BEIJING — I don’t remember the first time I heard the term liu si — June 4 — which is how the Tiananmen protests, the widespread demonstrations in 1989 that ended in bloodshed, are referred to in China. It was perhaps sometime around 2003, when I was 15 or 16. The word was probably uttered at the dinner table by one of my parents, both of whom were on the Avenue of Eternal Peace, the street in front of Tiananmen Square, on that night. They bore witness to the senseless killing, a memory that has haunted them ever since. Read more of this post

With Choice at Tiananmen, Student Took Road to Riches; Xiao Jianhua, the leader of the official student union at Peking University in 1989, sided with the government and found wealth and favor

With Choice at Tiananmen, Student Took Road to Riches

By DAVID BARBOZA and MICHAEL FORSYTHEJUNE 3, 2014

Xiao Jianhua seen in a park in Beijing. CreditThe New York Times

BEIJING — A few days after the crackdown on the Tiananmen Square protests 25 years ago, the Chinese government filled the airwaves with a list of the 21 most wanted student leaders accused of stirring up an antigovernment rebellion. At the top of the list was a 20-year-old student at Peking University named Wang Dan, who set up an unofficial student union to mobilize his classmates to demand democracy. Read more of this post

In order to ensure a fair and peaceful election, Jokowi and Prabowo should appear together in a press conference and read out each others’ text to declare openly that those smear campaign allegations are wrong

The Thinker: Jokowi and Prabowo

By Jakarta Globe on 11:30 am Jun 04, 2014

If surveys are to be believed, there is valid reason to assume that Joko Widodo, or Jokowi, as he is popularly known, has the upper hand compared to his contender Prabowo Subianto.

Jokowi’s electoral preponderance has been consistently shown in various surveys. However, as the election draws near, there are some indications that he will face an uphill battle and things have become less predictable. Read more of this post

Indonesia Loses $4b Annually to Procurement Graft, Study Finds

Indonesia Loses $4b Annually to Procurement Graft, Study Finds

By Vanesha Manuturi on 09:22 pm Jun 03, 2014

1.  Indonesia loses $4 billion every year due to poor procurement practices in the public sector, according to a recent study by consultant firm A.T. Kearney.

“This equals 40 years of operational cost for 32,000 schools in Indonesia. It also represents 20 percent of Indonesia’s public infrastructure spending,” said ShirleySantoso, a principal at Kearney, in a statement, a copy of which was obtained by the Jakarta Globe on Monday. Read more of this post

Ivy Mid Cap Growth: Rethinking Risk; Talking with Kimberly Scott, portfolio manager of Ivy Mid Cap Growth fund

Ivy Mid Cap Growth: Rethinking Risk

Talking with Kimberly Scott, portfolio manager of Ivy Mid Cap Growth fund.

AMY FELDMAN

May 31, 2014

Kimberly Scott worked as a technology analyst during the bubble before taking over management of the $4.7 billion Ivy Mid Cap Growth fund (ticker: WMGAX) in February 2001. That experience seared into her memory the idea that even growth managers need to pay heed to valuations — and be very, very careful about risk. Read more of this post

Oakmark’s Bill Nygren Names 9 Favorite Stocks

Oakmark’s Bill Nygren Names 9 Favorite Stocks

Why the market-beating value manager likes big financial firms, TRW, and one energy company.

GRACE L. WILLIAMS

June 3, 2014 5:46 a.m. ET

While many investors think U.S. stocks are fully valued, Bill Nygren of Oakmark Funds sees plenty of opportunity, particularly among financials. Moreover, Nygren says many of America’s best companies can be bought at a market multiple. Read more of this post