Morning Bamboo Insight: 08/07/2014

Morning Bamboo Insight: 08/07/2014

Macro

1. The tragedy of the Arabs: A civilisation that used to lead the world is in ruins-and only the locals can rebuild it

http://www.economist.com/news/leaders/21606284-civilisation-used-lead-world-ruinsand-only-locals-can-rebuild-it

2. FT Investor roundtable: cautious outlook for second half of 2014

http://www.ft.com/intl/cms/s/0/96bb580e-02be-11e4-a68d-00144feab7de.html#axzz36hvsGfRM

3. Best Sites for Quants; Online resources like Quantopian and Quantpedia let you share ideas and sharpen you trading skills.

http://online.barrons.com/news/articles/SB50001424053111904544004579650501520151242

4. Central banks ending era of clear promises, return to ‘artful’ policy

http://www.reuters.com/article/2014/07/07/us-cenbank-communication-insight-idUSKBN0FC0AH20140707

5. Heathrow makes money out of misery; London’s main airport is abusing its dominant position

http://www.ft.com/intl/cms/s/0/32e6f4fe-038c-11e4-817f-00144feab7de.html#axzz36kjIuDSw

6. IEX Pricing Aims to Drain ‘Dark Pools’

http://online.wsj.com/articles/iex-pricing-aims-to-drain-dark-pools-1404687705

7. July 1914 crisis shows economic rebirth can be long and painful process; Without tackling underlying problems, the near collapse of the global economy can breed conditions for the next disaster

http://www.theguardian.com/business/economics-blog/2014/jul/06/july-1914-crisis-economic-rebirth-lessons-global-economy

8. Israel’s conglomerates: Prosecutors and lawmakers get to grips with unpopular “tycoons”

http://www.economist.com/news/business/21606278-prosecutors-and-lawmakers-get-grips-unpopular-tycoons-dankners-dock

9. Superfoods or superfrauds? Scientists are unimpressed

http://www.theage.com.au/technology/sci-tech/superfoods-or-superfrauds-scientists-are-unimpressed-20140704-zsv87.html.html

10. UK body seeks to improve standards in company culture; internal auditors need to go beyond a focus on controls and to undertake a “root-cause” analysis to identify cultural weaknesses in their company

http://www.thestar.com.my/Business/Business-News/2014/07/07/UK-body-seeks-to-improve-standards-in-company-culture/

Asia Pacific

1. (Isia) – Prabowo at loss, Jokowi in command; As rumors of Prabowo reunion with ex-wife and Soeharto’s daughter swirl, Jokowi rocks stadium

http://news.asiaone.com/print/news/asia/prabowo-loss-jokowi-command

http://news.asiaone.com/print/news/asia/rumors-prabowo-reunion-swirl-jokowi-rocks-stadium

2. (China/Tech) – How IBM is using big data to fix Beijing’s pollution crisis

http://qz.com/230689/how-ibm-is-using-big-data-to-fix-beijings-pollution-crisis/

3. (China) – China’s steel plants grapple with excess inventory, debt

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140706000074&cid=1205

4. (China) – Tesla gears get the wrench in risky China market; China mulling open gate for new electric car industry investors

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140706000051&cid=1502

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140706000064&cid=1201

5. (China) – China’s underground e-waste processing outmatches legal plants

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140706000092&cid=1202

6. (China) – Property developers in China suffer disruption of funding

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140706000001&cid=1203

7. (Korea/Healthcare) – Drugmakers warn on South Korea pricing policy

http://www.ft.com/intl/cms/s/0/6e310e46-0288-11e4-91ac-00144feab7de.html

8. Johor to tax developers for sea reclamation

http://www.todayonline.com/print/657016

9. (Msia) – Bigger, stronger community of entrepreneurs key for M’sia to become developed country

http://www.thestar.com.my/Business/Business-News/2014/07/07/Bigger-stronger-community-of-entrepreneurs-is-key/

10. (Isia) – Indonesia’s tight, dirty presidential race may be decided in West Java

http://www.thestar.com.my/Business/Business-News/2014/07/07/Indonesias-tight-dirty-presidential-race-may-be-decided-in-West-Java/

11. (Isia) – Behind Prabowo’s campaign to become Indonesia’s president, a questionable crew

http://uk.reuters.com/article/2014/07/06/uk-indonesia-election-prabowo-idUKKBN0FB03I20140706

12. (Spore) – Time for a stewardship code for Singapore; It is a useful instrument to help build a critical mass of institutional shareholders as responsible members of the corporate governance ecosystem

http://www.businesstimes.com.sg/premium/companies/others/time-stewardship-code-singapore-20140707

13. (Philippines) – The diversification, which dipped San Miguel’s hand into toll ways, petrochemicals and airline businesses, bolstered the company’s equity value 10 times to $30 billion from $3 billion seven years ago.

http://online.wsj.com/articles/san-miguel-looks-to-buy-regional-company-1404471785

14. (Msia) – Malaysia eyes first rate hike in 3 years as consumer debt risk grows

http://news.asiaone.com/print/news/malaysia/malaysia-eyes-first-rate-hike-3-years-consumer-debt-risk-grows

15. (HK) – Hong Kong Law Under Threat; Arrests show the danger to independent police and judiciary.

http://online.wsj.com/articles/hong-kong-law-under-threat-1404663381?mod=WSJ_LatestHeadlines

16. (HK/China) – Mainland tourists less willing to spend in HK

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140707000003&cid=1202

17. (HK/China) – Beijing is threatening the future of its golden goose; If troops go to deal with Hong Kong protests it could get out of control, says Jonathan Fenby

http://www.ft.com/intl/cms/s/0/0e599abc-04f7-11e4-9ebc-00144feab7de.html

18. (Japan) – In Japan, Idled Electronics Factories Find New Life in Farming; “Plants don’t complain. They’re so obedient and good.”

http://online.wsj.com/articles/in-japan-idled-electronics-factories-find-new-life-in-farming-1404700202?mod=WSJ_hpp_sections_business

Life

1. Tibetan genetics: The secret of Tibetans’ success lies with ancestors who were not quite human

http://www.economist.com/news/science-and-technology/21606257-secret-tibetans-success-lies-ancestors-who-were-not-quite-human-life

2. Genetics and music: Practice may not make perfect; Musical ability is in the DNA

http://www.economist.com/news/science-and-technology/21606259-musical-ability-dna-practice-may-not-make-perfect

3. Inside Forbes: Investment Guide 2014 – Top 20 All Time Gurus

http://www.valuewalk.com/2014/07/investment-guide-2014-gurus  

4. The Science of Mental Time Travel: Memory and How Our Ability to Imagine the Future Made Us Human

http://www.brainpickings.org/index.php/2014/07/01/mental-time-travel-dan-falk/

5. How to Get Out of Your Own Way and Unblock the “Spiritual Electricity” of Creative Flow

http://www.brainpickings.org/index.php/2014/07/04/the-artists-way-julia-cameron/

6. In Search of Time: The History, Physics, and Philosophy of Time

http://www.amazon.com/In-Search-Time-History-Philosophy/dp/0312603517

7. The Declaration of Independence: The Words Heard Around the World; No American document has had a bigger global impact than the Declaration of Independence

http://online.wsj.com/articles/the-declaration-of-independence-the-words-heard-around-the-world-1404415089

8. 12 Steps To Turn Your Kids Into Tech Billionaires

http://www.businessinsider.sg/12-steps-to-turn-your-kids-into-tech-billionaires-2014-6/#.U7l75vmSxqU

9. FT interview with T. Boone Pickens, BP Capital; The former corporate raider has become a champion of natural gas

http://www.ft.com/intl/cms/s/0/c58c0e48-02d3-11e4-81b1-00144feab7de.html

TMT

1. Spanish Wifi firm Gowex says results fake, heads to bankruptcy

http://news.asiaone.com/print/news/digital1/wifi-firm-gowex-says-results-fake-heads-bankruptcy

http://www.bloomberg.com/news/print/2014-07-06/gowex-to-file-for-insolvency-as-ceo-resigns-after-gotham-report.html

2. (China/Tech) – How IBM is using big data to fix Beijing’s pollution crisis

http://qz.com/230689/how-ibm-is-using-big-data-to-fix-beijings-pollution-crisis/

3. U.S. Military Turns to Hollywood to Outfit the Soldier of the Future; Designer of ‘Iron Man’ Suit Among Those Working on High-Tech Gear for Elite Troops

http://online.wsj.com/articles/u-s-military-turns-to-hollywood-to-outfit-the-soldier-of-the-future-1404527893

4. Epic Presentation On The Future Of TV

http://www.slideshare.net/tkawaja/lumas-the-future-of-digital-tv

Health

1. (Korea/Healthcare) – Drugmakers warn on South Korea pricing policy

http://www.ft.com/intl/cms/s/0/6e310e46-0288-11e4-91ac-00144feab7de.html

Consumer

1. Death of the supermarket: Discounters, specialists and online options eat into market share across the developed world

http://www.ft.com/intl/cms/s/0/0a7150ea-fe1f-11e3-b4f1-00144feab7de.html#axzz36hvsGfRM