Evening Bamboo Insight: 03/07/2014

Evening Bamboo Insight: 03/07/2014


1. The New Casinos – Emerging Markets


2. Obama Worst President Since World War II, More Say US Would Be Better Under Romney, Latest Poll Finds


3. World’s ATM Moves to Frankfurt as Yellen’s Fed Slows Cash


4. Something about contemporary art echoes pyramid schemes, writes Godfrey Barker


5. Macau overtakes Switzerland in income tables; Buoyant gambling pushes per-capita GDP past $91,000


Asia Pacific

1. Xu downfall is big step in Xi’s army reforms


2. Chinese Families Pay $16,000 for Kids to Pass Army Entrance Exam


3. Chinese bank sues local govt property firm in rare public spat


4. Rich Asians buy into upwardly mobile Manila’s luxury condominiums


5. Chinese developers muscle in on Hong Kong as mainland market slows


6. South Korea Issues Rare Warning on Currency Surge


7. Beijing crackdown on insider trading ‘rats’ sparks industry exodus


8. China trust firm warns of possible default on wealth management product


9. Investment banks jockey for US$100mil Samsung restructuring bonanza


10. Many survivors of 1997 financial crisis in Thailand have returned to health


11. Indonesian students claimed the top spot at “Code for Resilience,” an international innovative competition held by the World Bank in


12. Would-Be Indonesian VPs Score an F for Education


13. Did Las Vegas Just Become China’s Billionaire New Money-Laundering Mecca?


14. China oil explosion highlights pipeline perils as cities expand


15. China rebalancing is a dangerous obsession


16. The Haier Model: Using Rural China as a Classroom for Overseas Growth


17. Financial planners at the scandal-plagued Commonwealth Bank are still raking in lucrative commissions and fees for tipping their clients into $3.2 billion so-called ”zombie funds” that have been frozen for six years



1. How to win at work when you face defeat


2. Dallara Automobili: knowledge company; Racecar tech specialist shows importance of innovation at all times


3. The 12 Mathematicians Who Set The Stage For The Modern World


4. 7 Excellent Ways To Start A Presentation


5. Lessons From Cable Cowboy John Malone


6. The Unpopularity of Patience


7. Why the U.S. Corporate World Became ‘A Bull Market for Corruption’


8. Spy the Lie: Former CIA Officers Teach You How to Detect Deception



1. Android Wear Review: Putting the Smartphone on Your Wrist; LG’s and Samsung’s First-Generation Android Wear Watches Feel Too Much Like Just That


2. LG Chem Bets on Electric Vehicles in China


3. An Innovation Slowdown at the Tech Giants; Seen anything new and big lately from Cisco, Yahoo or even Twitter?



1. David Cameron calls for action to fight antibiotic resistance; New drugs needed to prevent ‘return to dark ages of medicine’



1. Forget Dinner. It’s Always Snack Time in America; More Consumers Forgo Traditional Meals in Favor of Snacks Several Times a Day-Roiling the Food Industry



The Rise of China’s Shadow Banking System

It is hard to believe that just almost a decade ago, almost all types of lending made in China was done by conventional banks. Now, as Satyajit Das rightly puts, China’s burgeoning Shadow Banking system has exacerbated the worsening debt situation of China, where debt is 210% of China’s GDP as of 2013.

Easy credit has certainly helped to fuel China’s economy, and despite capital regulations imposed on banks earlier this year, all the regulations have done is to tip lending into the shadow banking system’s favour, where trusts and wealth management products (WMPs) can promise returns as high as 12%. While many analysts believe that the increasing debt would not translate into a harsh landing for China, the risk of the pricking of a property bubble in a nation where many properties serve as collaterals as loans and other forms of debts, would result in an alarming slowdown in China’s economy.

It looks like investors of China’s promise should look to increase their level of caution when it comes to investing in Chinese firms and always always, check on the management, any red flags in the annual report before pouring their money in.

Read the original article of how Shadow Banking has evolved at http://forbesindia.com/printcontent/38108

Leadership Lessons From Admiral Michelle Howard, The Highest Ranking Woman In Naval History

Kathryn DillForbes Staff

LEADERSHIP 7/01/2014 @ 1:19PM 16,721 views

Leadership Lessons From Admiral Michelle Howard, The Highest Ranking Woman In Naval History

Admiral Michelle Howard knows what it means to lead the charge.

This morning, in a ceremony at the Women In Military Service for America Memorial at Arlington National Cemetery, Howard became the first woman in the U.S. Navy’s 236-year history to be promoted to four-star admiral and Vice Chief of Naval Operations, the second highest position in the Navy.

While today’s proceedings make history, Howard is no stranger to firsts. In 1999 she became the first African American woman to command a Naval ship, the amphibious dock landing ship USS Rushmore. Howard was also the first African American woman in any branch of the military to reach three stars. In the past she’s been deployed to Indonesia for tsunami relief efforts, participated in Maritime security operations in the North Arabian Gulf, and served as commander of a Counter-Piracy Taskforce where–three days into the job–she spearheaded the rescue of Captain Phillips from Somali pirates.

A native of Colorado, Howard, 54, is an enthusiastic trout fisher (“I really am from Colorado!”) whose mother first taught her to cast off. She had been married to husband Wayne Cowles for one year when Operation Desert Storm began and both were deployed (Cowles, now retired, was a U.S. Marine.)

On the eve of her promotion, the highest ranking woman in Naval history spoke with Forbes about innovative teams, how to help employees stay committed, and what she’s learned from a caffeine habit.

If you want to innovate, first take a hard look at yourself–and be flexible about making changes.

Read more at http://www.forbes.com/sites/kathryndill/2014/07/01/leadership-lessons-from-admiral-michelle-howard-the-highest-ranking-woman-in-naval-history/print/

Greetings for Ramadan: The politics of good wishes

Greetings for Ramadan: The politics of good wishes

Jun 30th 2014, 15:39 by B.C.

AS MUSLIMS all over the world face the tough slog of mixing daily work with dawn-to-dusk fasting, at a time when days in the northern hemisphere are formidably long, they can at least be assured that their political leaders wish them well—especially in the English-speaking countries.

In the Anglosphere, but not in most other Western countries, offering warm words to Muslim citizens as they begin their fast has become an annual ritual, just like a Christmas or Easter message. David Cameron’s was particularly warm, effusive and substantial this year, whereas the greeting offered by Barack Obama was more modest in scope than in previous years. For example, the message from the White House pointedly avoided any reference to Arab struggles for democracy and confined itself to generalities about the Muslim belief in care for others and community spirit. Canada’s prime minister Stephen Harper was more concise, but he recalled that Ramadan was “a time for fasting, worship and contemplation as well as a time to share with family, friends and community.”

Read more at http://www.economist.com/blogs/erasmus/2014/06/greetings-ramadan

Who Billionaire Reid Hoffman Calls To Feel Inspired

Who Billionaire Reid Hoffman Calls To Feel Inspired


Who does someone who’s already incredibly successful call when they want to dream up new, successful ideas?

Billionaire LinkedIn founder ReidHoffman has three go-to people he calls when he wants to be inspired: Tesla founder Elon Musk, former PayPal CTO Max Levchin, and PayPal cofounder Peter Thiel.

Levchin, Thiel, and Hoffman are all considered part of the “PayPal mafia,” a group of successful people who were early employees or founders at the eBay-owned payment company.

“For macroeconomic, financial, bold models, I’ll call Peter [Thiel],” Hoffman explained to Bloomberg’s Emily Chang. “The intersection of kind of interesting business models or business technology, things like big data, Max Levchin. For a willingness to just think super big [where] risk is not a variable, Elon [Musk].”

When asked what they call him for, Hoffman laughed and said, “A view of the Valley.”

“Like, OK, I’m thinking about X, who are the right people to talk to about X, you know, and what can work on this?” Hoffman said.

From http://www.businessinsider.sg/who-billionaire-reid-hoffman-calls-for-inspiration-2014-6/#.U7LhMvmSxqU

Morning Bamboo Insight: 03/07/2014

Morning Bamboo Insight


1. You may want to ignore the ‘next big thing’ in mutual funds; You may want to ignore the ‘next big thing’ in mutual funds


Asia Pacific

1. Bullet Train Set to Slash Travel Time From Jakarta To Bandung


2. Lessons of 1997 to help Thailand against future crises


3. Beijing has banned Ramadan for many Muslims in Xinjiang


4. Beijing Plans 10,000 Rapid-Charging Stations, but They Won’t Support Tesla


5. Korea remains ‘Republic of Suicide’


6. Orion chairman raked in dividends; “Orion is giving all the work to IPak and in return it is compensating Dam through dividends”


7. Confusing Messages For Investors And Multinationals From China’s Healthcare Reforms


8. Finding new ways to curb insider trading in Singapore


9. Korea’s cigarette prices among the world’s lowest


10. Former Indonesian Constitutional Court chief gets life sentence



1. You can make a state-of-the-art hospital out of bamboo


2. Leaders motivated by power over others will not thrive in this new world


3. The Content Marketing Revolution


4. Four ways your business can beat the imitators: health.com.au co-founder Andy Sheats


5. Startups Anonymous: 25 questions founders are too embarrassed to ask


6. 8 Great Pieces Of Startup Advice From 4 Silicon Valley Stars Under 30



1. Intelligent cars draw investors to tech stocks


2. Big data’s dirty problem


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