Evening Bamboo Insight: 9 Jul 2014

Evening Bamboo Insight: 9 Jul 2014

Macro

1. Swiss banks threaten freeze on US accounts over tax evasion

http://www.ft.com/cms/s/0/8d661baa-02b8-11e4-8c28-00144feab7de.html#axzz36tlziRMW

2. Brazil’s footballing brilliance can also be a curse; Schools and hospitals often seem to have played second fiddle to stadiums

http://www.ft.com/intl/cms/s/0/765e1238-05c8-11e4-9baa-00144feab7de.html#axzz36tlziRMW

3. Allianz has done well out of Bill Gross’s Pimco but after 15 years should consider spinning it off

http://www.ft.com/intl/cms/s/0/a4a07632-0374-11e4-9195-00144feab7de.html#slide0

4. Short selling drops to lowest level since Lehman

http://www.ft.com/intl/cms/s/0/b5445190-069c-11e4-8c0e-00144feab7de.html#axzz36toCyXS6

5. Britain’s £200m buy-to-let king: ‘Time to sell’; Fergus and Judith Wilson, the Kent landlords with almost 1,000 properties, are selling up for an estimated £200m

http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/10953082/Britains-200m-buy-to-let-king-Time-to-sell.html

6. What Enabled Bretton Woods?

http://www.project-syndicate.org/print/harold-james-and-domenico-lombardi-consider-the-factors-that-enabled-the-remaking-of-the-international-monetary-system

Asia Pacific

1. (China) – Citic launches lawsuit in Chinese metals probe

http://www.ft.com/intl/cms/s/0/07bb3bf8-06ae-11e4-8c0e-00144feab7de.html#axzz36tlJ5PlF

2. (Korea/Tech) – Samsung hits smartphone growth plateau

http://www.ft.com/intl/cms/s/0/9a72d8be-06a1-11e4-8c0e-00144feab7de.html#axzz36tkJErFM

3. (China/Spore) – Temasek dented by China shadow banking woes

http://www.ft.com/intl/cms/s/0/9decc23a-066e-11e4-8c0e-00144feab7de.html#axzz36toCyXS6

4. (Spore) – Singapore Detects Rise in Money Laundering

http://www.ibtimes.co.uk/singapore-detects-rise-money-laundering-1455009

5. (China) – The world’s largest gambling hub may be the next center for anti-Beijing protests

http://qz.com/231506/the-worlds-largest-gambling-hub-may-be-the-next-center-for-anti-beijing-protests/

6. Virtual network operators in China struggle to survive as carriers in the country do not give them the same discounts they give to individual customers

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140708000045&cid=1202

7. (China/Energy) – Private Services Firms at CNPC Oilfield Suffer amid Anti-Graft Campaign

http://english.caixin.com/2014-07-07/100700520.html

8. (HK) – The Kwok family matriarch apologized to Sun Hung Kai Properties directors and staff in a May 2008 e-mail for the behavior and “hurtful allegations” by her eldest son, former chairman Walter Kwok Ping-sheung

http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=147132&sid=42580065&con_type=3

9. (Australia) – From mining boom to dining boom: how Aussie producers are fighting for food sales in Asia

http://www.brw.com.au/p/business/mid-market/from_mining_boom_fighting_dining_LTpM9TnyR7ptpIlwMqMxxN

10. (Australia/Tech) – Wot might have been: Graeme Wood reflects as wotif.com to sell for less than half 2010 price

http://www.brw.com.au/p/business/price_might_have_been_graeme_wood_FQ314aDIFWBIeb9IUdiirK

11. (Korea) – Like the phoenix, Dongbu keeps rising from its ashes

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991690&cloc=joongangdaily|home|newslist1

12. (Korea) – Korea’s Haitai has moved a step closer to becoming a global player in the premium ice cream market by acquiring Palazzo del Freddo, the world’s oldest gelato company based in Rome

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991689&cloc=joongangdaily|home|newslist1

13. (Korea) – Private steelmaker Dongkuk celebrates 60th anniversary

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991681&cloc=joongangdaily|home|newslist2

14. (India) – India to seek foreign investors for crumbling railways

http://www.thestar.com.my/Business/Business-News/2014/07/08/India-to-seek-foreign-investors-for-crumbling-railways

Life

1. Shelly Kagan on the Future of Death When We Can Live Decades Longer; The Yale Professor Ponders Living to 160: Will a Second Brain Have the Memories of the First?

http://online.wsj.com/articles/shelly-kagan-on-the-future-of-death-when-we-can-live-decades-longer-1404764480

2. Clare Hasler-Lewis on the Future of Agriculture; New Technology, Water Recycling and Other Advances Should Reduce Our Farms’ Thirst

http://online.wsj.com/articles/clare-hasler-lewis-on-the-future-of-agriculture-1404764576

3. For Taylor Swift, the Future of Music Is a Love Story; The Singer-Songwriter Says Artists and Fans Will Still Form Deep Bonds, but They Will Do It in New Ways

http://online.wsj.com/articles/for-taylor-swift-the-future-of-music-is-a-love-story-1404763219

4. Carter Cleveland Says Art in the Future Will Be for Everyone; The Artsy Founder Writes That the Internet Holds the Promise of a World Where Art Is as Ubiquitous as Music Is Today; Agnes Gund on the Future of Art: Why It Will Reach More People

http://online.wsj.com/articles/carter-cleveland-says-art-in-the-future-will-be-for-everyone-1404762157

http://online.wsj.com/articles/agnes-gund-on-the-future-of-art-why-it-will-reach-more-people-1404764321?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304349604579608732139309994.html

5. Richard Clarke on the Future of Privacy: Only the Rich Will Have It; The Cybersecurity Expert Sees a Future in Which Data About Every Aspect of Our Lives Is Collected and Analyzed

http://online.wsj.com/articles/richard-clarke-on-the-future-of-privacy-only-the-rich-will-have-it-1404762349

6. Ajay Banga Says the Future of Money Will Drive Equality; The MasterCard CEO Says Payment Systems Will Open Up Access to the Financial System for Billions of People

http://online.wsj.com/articles/ajay-banga-says-the-future-of-money-will-drive-equality-1404762892

7. Tyra Banks Says Beauty in the Future Will Mean Looking Different; Plastic Surgery and Other Aids Will Be Widely Available, Putting a Premium on Distinct Looks

http://online.wsj.com/articles/tyra-banks-says-beauty-in-the-future-will-mean-looking-different-1404762610

8. Matt Mullenweg on the Future of Managers: Trust.and Verify; The Automattic CEO says Bosses Need to Focus on What Their Employees Do to Drive Value

http://online.wsj.com/articles/matt-mullenweg-on-the-future-of-managers-trustand-verify-1404763642

9. James Dyson on the Future of Cleaning: Robots to the Rescue; Robots Eventually Will Take Over All Household Chores, Including Cleaning, Says the Dyson Ltd. Founder

http://online.wsj.com/articles/james-dyson-on-the-future-of-cleaning-robots-to-the-rescue-1404763818

10. Bert Vogelstein on the Future of Biology: Understanding the Brain; To Unlock the Human Brain’s Secrets, the Efforts of People From Many Fields Will Be Required

http://online.wsj.com/articles/bert-vogelstein-on-the-future-of-biology-understanding-the-brain-1404762420

11. Gen. Martin Dempsey on the Future of National Security; The Chairman of the Joint Chiefs of Staff on the Need for Speed in Decision Making

http://online.wsj.com/articles/gen-martin-dempsey-on-the-future-of-national-security-1404763958

12. ‘Trust me, I am a financial adviser’ is not good enough; The management of conflict of interest is a slippery slope, and one that Madoff would slide off

http://www.ft.com/intl/cms/s/0/21b52478-068c-11e4-ba32-00144feab7de.html

13. A science lesson that can explain Sir Luke Johnson’s rise; What we learn as children in the classroom can play an unexpected role in adult life

http://www.ft.com/intl/cms/s/0/d9caaf18-05d0-11e4-8b94-00144feab7de.html#axzz36tlziRMW

14. A classic way to give public speakers rhythm

http://www.ft.com/cms/s/0/a731822a-0373-11e4-817f-00144feab7de.html

15. 4 Ways Leaders Can Create a Candid Culture

http://blogs.hbr.org/2014/07/4-ways-leaders-can-create-a-candid-culture/

16. Writing tips from the CIA’s ruthless style manual

http://qz.com/231110/writing-tips-from-the-cias-ruthless-style-manual/

17. From the pits to the top: Loew’s fight to prove he is a winner

http://news.xinhuanet.com/english/sports/2014-07/08/c_133468137.htm

18. From New York heroin dealer to Afghanistan’s biggest oil man

http://uk.reuters.com/article/2014/07/07/uk-afghanistan-energy-idUKKBN0FC2BA20140707

TMT

1. Illah Nourbakhsh on the Future of Robotics; The Carnegie Mellon Professor Says Robots Will Fuse the Physical and Digital Worlds Into One

http://online.wsj.com/articles/illah-nourbakhsh-on-the-future-of-robotics-1404764244?mod=Tech_newsreel_3

2. Mark Zuckerberg on a Future Where the Internet Is Available to All; The Facebook Chief Writes That Connecting Everyone on the Planet to the Web Can Create Opportunity and Reduce Poverty

http://online.wsj.com/articles/mark-zuckerberg-on-a-future-where-the-internet-is-available-to-all-1404762276

3. Christopher Nolan: Films of the Future Will Still Draw People to Theaters; When Movies Can Look or Sound Like Anything, Says the ‘Dark Knight’ Director, Extraordinary Work Will Emerge

http://online.wsj.com/articles/christopher-nolan-films-of-the-future-will-still-draw-people-to-theaters-1404762696

4. V.A. Shiva Ayyadurai on the Future of Email: It Gets Better; Email’s Inventor Says Future Systems Will Have Artificial Intelligence to Help You Manage the Flood; Tony Fadell on the Home of the Future

http://online.wsj.com/articles/v-a-shiva-ayyadurai-on-the-future-of-email-it-gets-better-1404765087

5. From Paris’s Left Bank, tiny Qwant tries to take on Google

http://www.ft.com/intl/cms/s/0/03d5b950-05c8-11e4-8b94-00144feab7de.html#axzz36tlziRMW

6. As Britons embrace digital banking, more branches face the chop

http://www.reuters.com/article/2014/07/08/britain-digital-banking-idUSL6N0PJ1O220140708

Health

1. Mark McClellan Says Drugs of the Future Will Be Targeted Treatments; The Former FDA Head Sees More Pharmaceuticals That Really Work-and Higher Prices Initially

http://online.wsj.com/articles/mark-mcclellan-says-drugs-of-the-future-will-be-targeted-treatments-1404764397

2. Francis Collins Says Medicine in the Future Will Be Tailored to Your Genes; The Director of the National Institutes of Health Says Cheaper DNA Sequencing Will Make Personalized Care Routine

http://online.wsj.com/articles/francis-collins-says-medicine-in-the-future-will-be-tailored-to-your-genes-1404763139

3. Simple test for Alzheimer’s draws closer

http://www.ft.com/intl/cms/s/0/355ec91a-05ca-11e4-9baa-00144feab7de.html#axzz36toCyXS6

Consumer

1. Carrefour’s India exit has little to do with the government’s reservations on retail

http://qz.com/231405/carrefours-india-exit-has-little-to-do-with-the-governments-reservations-on-retail/

2. Retailers swallow online food cost to lock in shoppers

http://www.reuters.com/article/2014/07/08/us-retail-internet-analysis-idUSKBN0FD1E320140708

Investing Process

1. Wealth Wizards: Top 20 Indian Investors Share Their Philosophy

http://forbesindia.com/printcontent/38138