Evening Bamboo Insight: 09/07/2014

Evening Bamboo Insight: 09/07/2014

Macro

1. Let’s unleash the economic might of Britain’s regions; Every part of this country is building a strategy for growth

http://www.telegraph.co.uk/finance/newsbysector/industry/10948094/Lets-unleash-the-economic-might-of-Britains-regions.html

2. Three’s a crowd: The instability that stems from trilemmas

http://www.economist.com/news/finance-and-economics/21606328-instability-stems-trilemmas-threes-crowd

3. The global monetary system: Not floating, but flailing; After 150 years of monetary experimentation, the world remains unsure how to organise global finance

http://www.economist.com/news/finance-and-economics/21606322-after-150-years-monetary-experimentation-world-remains-unsure-how

4. Bulgarian banks: Digital rumours; What caused the run on two of Bulgaria’s largest banks?

http://www.economist.com/news/finance-and-economics/21606323-what-caused-run-two-bulgarias-largest-banks-digital-rumours

5. The Luis Suárez of international finance: Argentina’s debt stand-off reflects a teenage attitude that rules are there to be broken

http://www.economist.com/news/americas/21606268-argentinas-debt-stand-reflects-teenage-attitude-rules-are-there-be-broken-luis

6. Mexico’s reforms: Foreigners enthuse over Enrique Peña Nieto’s reforms. Mexicans are warier

http://www.economist.com/news/americas/21606269-foreigners-enthuse-over-enrique-pe-nietos-reforms-mexicans-are-warier-power-and

7. The struggle to avoid divorce between Britain and the European Union

http://www.economist.com/news/europe/21606282-struggle-avoid-divorce-between-britain-and-european-union-loosening-union

8. The Bretton Woods agreements: The 70-year itch; Both the West and China are neglecting the institutions that help keep the world economy upright

http://www.economist.com/news/leaders/21606280-both-west-and-china-are-neglecting-institutions-help-keep-world-economy

Asia Pacific

1. (Isia) – In Closing Debate, Joko Promises Bureaucratic ‘Breakthrough’, While Prabowo Strives for ‘A Dignified Nation’; Confident Joko Shows True Colors in Final Presidential Debate

http://www.thejakartaglobe.com/news/closing-debate-joko-promises-bureaucratic-breakthrough-prabowo-strives-dignified-nation/

http://www.thejakartaglobe.com/news/confident-joko-shows-true-colors-final-presidential-debate/

http://www.thejakartaglobe.com/news/exploring-candidates-plans-economy/

http://www.thejakartaglobe.com/news/kalla-hatta-question-good-one-misguided/

2. (China) – Investment craze for China’s Dairy Farms

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140705000079&cid=1202

3. (China) – Su Zhijun, grandson of PLA general Su Yu

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140702000013&cid=1601

4. (China) – State-owned Chinese food processing companies are suspected of raking in massive profits from importing genetically modified corn from the United States

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140705000114&cid=1102

5. (Taiwan) – Taiwan’s foreign exchange reserves hit a new high of US$423.5 billion by the end of June

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140705000102&cid=1203

6. (Korea/Tech) – S Korea to break away from Windows by 2020

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140705000115

7. When Teflon wears off: The economy cannot shrug off Thailand’s political problems

http://www.economist.com/news/finance-and-economics/21606327-economy-cannot-shrug-thailands-political-problems-when-teflon-wears

8. Waiting for the Modi mojo: In its first budget, the government must fix public finances and offer reforms

http://www.economist.com/news/asia/21606337-its-first-budget-government-must-fix-public-finances-and-offer-reforms-waiting-modi

9. (Isia) – Indonesia’s presidential election: Competing visions; A political naif represents a more hopeful future for Indonesia than a Suharto-era soldier

http://www.economist.com/news/leaders/21606285-political-naif-represents-more-hopeful-future-indonesia-suharto-era

Life

1. This Fourth Of July, Stop To Thank Chinese Alchemists

http://www.forbes.com/sites/alexknapp/2014/07/04/this-fourth-of-july-stop-to-thank-chinese-alchemists/print/

2. Citizen Bezos

http://www.nybooks.com/articles/archives/2014/jul/10/citizen-bezos-amazon/

3. Lessons Sports Direct investors could learn from the plight of Morrisons; Sir Ken Morrison and Mike Ashley of Sports Direct have a lot in common, including their attitude to corporate governance. And look at what happened to Morrisons

http://www.theguardian.com/business/2014/jul/06/sports-direct-lesson-morrisons

4. How Poundland’s Jim McCarthy helped changed the rag tag image of pound shops; The Poundland chief executive has transformed the business, but it was family illness that first brought him to the retailer

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10948040/How-Poundlands-Jim-McCarthy-helped-changed-the-rag-tag-image-of-pound-shops.html

5. Donors Give More When They Have a Sense of Belonging

http://www.nytimes.com/2014/07/06/upshot/donors-give-more-when-they-have-a-sense-of-belonging.html?ref=business&_r=0

6. At Zingerman’s, Pastrami and Partnership to Go; From its beginnings in Ann Arbor, Mich., a deli has grown into a circle of businesses, all celebrating employee involvement

http://www.nytimes.com/2014/07/06/business/at-zingermans-pastrami-and-partnership-to-go.html?ref=business

7. Many Founding Fathers Were Shockingly Young When The Declaration Of Independence Was Signed In 1776

http://www.businessinsider.sg/age-of-founding-fathers-on-july-4-1776-2014-7/#.U7iw0vmSxqU

8. Textbook cases, Chapter 10; In which democracies join in East Asia’s history wars

http://www.economist.com/news/asia/21606332-which-democracies-join-east-asias-history-wars-textbook-cases-chapter-10

9. German schools: The Gymnasium revolt; Parents fret over how long children should stay in school

http://www.economist.com/news/europe/21606298-parents-fret-over-how-long-children-should-stay-school-gymnasium-revolt

TMT

1. (Korea/Tech) – S Korea to break away from Windows by 2020

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140705000115

2. Free Video Games Say Pay Up or Wait, Testing Players’ Patience; Free-to-download mobile games have become a lucrative business, but aggressive appeals for in-app purchases are turning off some players

http://www.nytimes.com/2014/07/06/technology/free-video-games-say-pay-up-or-wait-testing-players-patience.html?ref=business

3. Emerging TV Markets Are Going To Crush European TV Markets

http://www.businessinsider.sg/emerging-tv-markets-beau-european-tv-markets-2014-7/

4. The World’s Languages Have A Significant Bias Towards Happiness

http://www.businessinsider.sg/word-happiness-study-2014-6/#.U7iw5fmSxqU

5. Tethered by history: The failures of the Arab spring were a long time in the making

http://www.economist.com/news/briefing/21606286-failures-arab-spring-were-long-time-making-tethered-history

Consumer

1. Sports Direct: How Britain’s biggest sports retailer flourished during the recession

http://www.economist.com/news/britain/21606299-how-britains-biggest-sports-retailer-flourished-during-recession-game-set-match

 

Morning Bamboo Insight: 07/07/2014

Morning Bamboo Insight: 07/07/2014

Macro

1. The illusion of ‘low-risk’ government bonds

http://www.ft.com/intl/cms/s/0/650e1914-0362-11e4-817f-00144feab7de.html#axzz36YnvLwtv

2. Lords to grill accountancy watchdog on ‘going concern’ rules

http://www.ft.com/intl/cms/s/0/ba2edcb2-0399-11e4-817f-00144feab7de.html#axzz36YnvLwtv

3. Fed must not linger too long on QE exit; The end of easy money will hit bond markets hard if not timed right

http://www.ft.com/cms/s/0/abaedfd4-02bd-11e4-8c28-00144feab7de.html#axzz36ZAEXS6J

4. Win or Lose, It’s Where the Game Is Played That Matters in Britain; From sports to commerce, Britain embraces “Wimbledonization,” the idea that no matter the outcome, it is much better to have all the players on its home turf

http://dealbook.nytimes.com/2014/07/04/win-or-lose-its-where-the-game-is-played-that-matters-in-britain/?ref=business

5. Paying Employees to Stay, Not to Go; Restaurants like Shake Shack and Boloco that offer their employees above-average pay say they have lower turnover and better customer service

http://www.nytimes.com/2014/07/05/business/economy/boloco-and-shake-shack-offer-above-average-pay.html?ref=economy

Asia Pacific

1. (Korea/Taiwan) – South Korea’s FTA push threatens Taiwan’s global market

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140704000073&cid=1701

2. (Korea) – Mid-to-large-size newly built apartments in the Seoul metropolitan area are being sold at a steep discount after sitting idle for a long time

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=958887&selFlag=sc&relatedcode=&wonNo=&sID=308

3. (Japan) – The world’s largest vegetable factory to make use of LED has been built in one of the cities damaged by the 2011 Great East Japan Earthquake and tsunami

http://www.japantimes.co.jp/news/2014/07/03/business/corporate-business/largest-led-veggie-factory-built-quake-hit-city/#.U7Z0GPmSxqU

4. (Taiwan/Tech) – Taiwanese company amazes world with dynamic flight theater

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20140629000101

5. (Taiwan) – New tax reforms in Taiwan target income from property sales

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140703000090

6. (Spore) – Singaporeans air views on PM at Speakers’ Corner

http://www.ft.com/intl/cms/s/0/458c0ee8-032b-11e4-81b1-00144feab7de.html#axzz36YnvLwtv

7. (Isia) – On Election’s Eve, Indonesia Economy Faces Crossroads; As Boom Times End, Next President Faces Choice on How to Change Gears, Avoid Resource ‘Trap’

http://online.wsj.com/articles/indonesia-at-economic-crossroads-1404373683

http://online.wsj.com/articles/indonesia-presidential-candidates-trade-barbs-in-final-debate-1404591162?mod=wsj_india_main

http://online.wsj.com/articles/two-men-battle-for-indonesia-1404558677

8. (Isia) – Indonesia Risks Suharto-Era Return as Prabowo Rises

http://www.thejakartaglobe.com/news/indonesia-risks-suharto-era-rerun-prabowo-rises/

Life

1. The Secret of Effective Motivation: Encourage people to do something for its own sake, not for its benefits

http://www.nytimes.com/2014/07/06/opinion/sunday/the-secret-of-effective-motivation.html?ref=opinion

2. How to Redraw the World Map; What parts of the world should rethink their maps? Why and how?

http://www.nytimes.com/roomfordebate/2014/07/03/where-do-borders-need-to-be-redrawn?ref=opinion

3. This May Be The Biggest Problem With America’s ‘Common Core’ Education Standards

http://www.businessinsider.sg/heres-the-biggest-problem-with-common-core-2014-7/#.U7eJ_fmSxqU

4. Inspiring Quotes On Life, Liberty, And The Pursuit Of Happiness From Every US President

http://www.businessinsider.sg/best-inspirational-quotes-from-us-presidents-2014-7/#.U7eKlvmSxqU

5. Honesty a rare commodity

http://www.thestar.com.my/Opinion/Columnists/Sunday-Starters/Profile/Articles/2014/07/06/Honesty-a-rare-commodity/

TMT

1. VMware Declares That Windows Reign ‘Is Coming To An End’ . And The Mac Is Taking Over

http://www.businessinsider.sg/vmware-windows-is-coming-to-an-end-2014-7/#.U7eKFfmSxqU

2. Israeli High Tech Gets Aggressive

http://techcrunch.com/2014/07/05/israeli-high-tech-gets-aggressive/

3. Zuora’s Journey To Managing The Subscription Economy