Morning Bamboo Insight: 10 Jul 2014

Morning Bamboo Insight: 10 Jul 2014

Macro

1. Uncertainty Abounds Around Fed’s Rate Rise

http://online.wsj.com/articles/ahead-of-the-tape-uncertainty-abounds-around-feds-rate-rise-1404846316

2. Profits Vanish in Venezuela After Currency Devaluation

http://www.nytimes.com/2014/07/09/business/profits-vanish-in-venezuela-after-currency-devaluation.html?ref=business

3. Gowex collapse casts shadow over Spain’s alternative market listings

http://www.reuters.com/article/2014/07/07/gowex-stock-exchange-idUSL6N0PI2T720140707

Asia Pacific

1. (China) – Muddy Waters founder Carson Block : China’s Fake GDP Is Over-Inflated By 25%

http://www.businessinsider.sg/block-chinas-gdp-faces-25-correction-2014-7/#.U7w6MfmSxqU

2. (China/Consumer) – Here’s What Investors Get Wrong About Chinese Consumers; what foreign investors get wrong is that they think of Chinese consumers as one big market, when in fact they’re smaller, regional markets

http://www.businessinsider.sg/what-investors-miss-about-chinese-consumers-2014-7/#.U7w8WvmSxqU

3. (Japan) – Doraemon charms U.S. viewers in first remake for a foreign market

http://www.japantimes.co.jp/news/2014/07/09/national/doraemon-charms-u-s-viewers-in-first-remake-for-a-foreign-market/#.U7zCyfmSxqU

4. (Japan) – Japan’s innovation challenge

http://www.japantimes.co.jp/opinion/2014/07/08/commentary/japan-commentary/japans-innovation-challenge/#.U7zC4_mSxqU

5. (Msia/Healthcacre) – Malaysian botanical drug developer seeks $300 million Nasdaq listing

http://www.reuters.com/article/2014/07/08/us-felda-wellness-ipo-idUSKBN0FD0SY20140708

6. (Msia) – Worries over luxury condos, number of upcoming units in Malaysia’s Klang Valley ‘frightening’

http://www.thestar.com.my/Business/Business-News/2014/07/09/Worries-over-luxury-condos-Industry-watchers-Number-of-upcoming-units-frightening/

7. (HK) – Within the space of 10 hours, HSBC fundamentally changed the tone of a market analysis report about Hong Kong

http://www.thestandard.com.hk/news_detail.asp?we_cat=17&art_id=147180&sid=42584478&con_type=1&d_str=20140709&fc=4

http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=147189&sid=42584328&con_type=1&d_str=20140709&fc=4

8. (HK/China) – The Hong Kong arms of the Big Four have got the rule of law wrong

http://www.ft.com/intl/cms/s/0/91d0dcf2-05dd-11e4-8b94-00144feab7de.html#axzz36xGXM4Ee

9. (Asia) – Amid scratchy global economic growth, Asia accounts for nearly 30% of global foreign direct investment (FDI) inflows, making it the world’s top recipient of FDI

http://www.thestar.com.my/Business/Business-News/2014/06/25/Asia-the-worlds-top-recipient-of-FDI/

10. (Asia) – Currency Reserves Swell in Asia; Central-Bank Policy Makers Fight Tide of Cheap Global Capital

http://online.wsj.com/articles/currency-reserves-swell-in-asia-1404836140

11. (China) – China says graft found at leading university, state food company

http://uk.reuters.com/article/2014/07/08/uk-china-corruption-idUKKBN0FD05520140708

12. (China/Tech) – Overseas online shopping: China’s next ‘blue sea’

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140709000028&cid=1102

13. (China) – China’s Colonization Of America’s Luxury Real Estate Market In One Chart

http://www.zerohedge.com/news/2014-07-08/chinas-colonization-americas-luxury-real-estate-market-one-chart

14. (China) – China’s baddest billionaire builder Yan Jiehe, founder of Pacific Construction Group, China’s largest privately owned builder

http://fortune.com/2014/07/07/yah-jiehe-china/

15. (China) – More Chinese firms hungry for German businesses

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140709000038&cid=1202

16. (China) – Fearing graft probes, Chinese officials shun spotlight, seek retirement

http://www.reuters.com/article/2014/07/08/us-china-corruption-idUSKBN0FD2GV20140708

17. (Korea) – The debt ratio of Korea’s 10 business conglomerates facing a harsh restructuring program has surpassed 260 percent on average, worse than a year ago

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=969621&selFlag=sc&relatedcode=&wonNo=&sID=308

Life

1. Robots will take over middle-class professions, says minister; David Willetts, the university minister, suggests high-level professions are more likely to be taken over by computers than those that involve apparently simple tasks such as making a cup of tea

http://www.telegraph.co.uk/technology/10952317/Robots-will-take-over-middle-class-professions-University-Minister-says.html

2. America’s Richest Families: 185 Clans With Billion Dollar Fortunes

http://www.forbes.com/sites/luisakroll/2014/07/08/americas-richest-families-185-clans-with-billion-dollar-fortunes/print/

3. The Gilded Age Family That Gave It All Away: The Carnegies

http://www.forbes.com/sites/chloesorvino/2014/07/08/whats-become-of-them-the-carnegie-family/print/

4. How To Blow $9 Billion: The Fallen Stroh Family

http://www.forbes.com/sites/kerryadolan/2014/07/08/how-the-stroh-family-lost-the-largest-private-beer-fortune-in-the-u-s/print/

5. 175 Years Later, The Mellons Have Never Been Richer. How’d They Do It?

http://www.forbes.com/sites/abrambrown/2014/07/08/175-years-later-the-mellons-have-never-been-richer-howd-they-do-it/print/

6. Family Misfortunes: 8 Of America’s Richest Clans And Their Bitter Fights Over Billions

http://www.forbes.com/sites/katiasavchuk/2014/07/08/family-misfortunes-8-of-americas-richest-clans-and-their-bitter-fights-over-billions/print/

7. How The $1 Billion Kennedy Family Fortune Defies Death And Taxes

http://www.forbes.com/sites/carlodonnell/2014/07/08/how-the-1-billion-kennedy-family-fortune-defies-death-and-taxes-3/print/

8. Sky Scrappers: World Trade Center Is A Risk For Everyone Involved — Except The Billionaire Durst Family

http://www.forbes.com/sites/erincarlyle/2014/07/08/sky-scrappers-for-savvy-durst-family-world-trade-center-deal-is-a-pinnacle/print/

9. How types of Focus Influence our Lives; Heidi Grant Halvorson, a social psychologist and author talks about two types of focus and how they influence virtually every aspect of our lives

http://forbesindia.com/printcontent/38082

10. Seeker, Doer, Giver, Ponderer: The billionaire mathematician James H. Simons has led a life of ferocious curiosity

http://www.nytimes.com/2014/07/08/science/a-billionaire-mathematicians-life-of-ferocious-curiosity.html?ref=science&_r=0

11. ‘The Walking Dead’ Creator Robert Kirkman Discusses His Creative Process

http://www.businessinsider.sg/walking-deads-robert-kirkman-on-creative-process-2014-7/#.U7w6T_mSxqU

12. CEO Of Disgraced Spanish Tech Company Quotes Kipling In Email To Employees

http://www.businessinsider.sg/gowex-founder-kipling-2014-7/#.U7w7e_mSxqU

13. This Startup Has Saved Its Users Billions Of Minutes By Cleaning Up Their Email Inboxes

http://www.businessinsider.sg/startup-cleans-up-inbox-2014-7/#.U7w7jfmSxqU

14. “People who want to explore their inner experience need solitude to do so”

http://www.businessinsider.sg/the-personality-trait-that-drives-creative-achievement-2014-7/#.U7w8wfmSxqU

15. This Visionary Article From 1932 Holds An Important Lesson For America’s Workaholics

http://www.businessinsider.sg/1932-article-has-important-lesson-for-workaholics-2014-7/#.U7w8xPmSxqU

16. Motley Fool expanding its wealth management division; The firm, created as an investment advice newsletter 21 years ago by brothers David and Tom Gardner, is now offering more comprehensive financial planning with annual subscriptions

http://www.investmentnews.com/article/20140708/FREE/140709956?template=printart

TMT

1. WPP founder Sir Martin Sorrell: The 10 Trends Shaping the Global Ad Business; The Most Powerful Man In Advertising Says Creativity Is Dying In Europe And The United States

https://www.linkedin.com/today/post/article/20140707120453-237838958-the-10-trends-shaping-the-global-ad-business?trk=mp-reader-card

http://www.businessinsider.sg/sorrell-creativity-is-dying-in-the-west-2014-7/#.U7w6S_mSxqU

2. Inside Narrative Science, The Artificial Intelligence Company That Could Put Journalists Out Of Work

http://www.businessinsider.sg/narrative-science-2014-7/#.U7w8zvmSxqU