Evening Bamboo Insight: 14 Jul 2014

Evening Bamboo Insight: 14 Jul 2014

Macro

1. Industrial conglomerate Johnson Controls is wheeling and dealing its way into more-profitable businesses; founded in 1885 BY Warren Johnson, inventor of the thermostat, JCI strives to provide power and comfort in eco-friendly ways

http://online.barrons.com/news/articles/SB50001424053111904248904580005053922209586?mod=BOL_mp_emailed_today

2. How capital captured politics; WikiLeaks has shown us that western democracies are now ruled by market forces that debase the very notion of freedom

http://www.theguardian.com/commentisfree/2014/jul/13/capital-politics-wikileaks-democracy-market-freedom

3. As some high-risk assets take a hit, investors fear worse is to come

http://www.reuters.com/article/2014/07/13/us-usa-markets-risks-analysis-idUSKBN0FI0T820140713

4. Private equity: A fee too far; Regulators are probing conflicts of interest and high fees charged by fund managers to the companies they own

http://www.ft.com/intl/cms/s/0/9dd43216-0857-11e4-9afc-00144feab7de.html#axzz37OPUp7V5

5. What central banks should do to deal with bubbles; It is a mistake to view macroprudential regulation as a potent independent policy tool

http://www.ft.com/intl/cms/s/0/e5cbf972-08ee-11e4-9d3c-00144feab7de.html

6. Fortunes of wealthiest French keep growing; Corporate success abroad is main driver behind 15% rise

http://www.ft.com/intl/cms/s/0/87c21f4a-08f9-11e4-8d27-00144feab7de.html

7. Turbine makers adapt to winds of change

http://www.ft.com/intl/cms/s/0/e7a93ac4-068d-11e4-ba32-00144feab7de.html#slide0

8. Regulators, Traders Are Out of Sync; As trading hits warp speed, market cops have a growing headache: Clocks can’t always keep up

http://online.wsj.com/articles/regulators-traders-are-out-of-sync-1405295799?mod=rss_about_india

9. In Canada, a Central Banker’s Unusual Approach; Head of Bank of Canada Looks Beyond Economic Models for Clues

http://online.wsj.com/articles/in-canada-a-central-bankers-unusual-approach-1405287298

10. Railroads’ Gravy Train Heads for a Bump

http://online.wsj.com/articles/railroads-gravy-train-heads-for-a-bump-1405286429

11. For Fed, Raising Rates Won’t Be Easy; Central Bank’s Old Method Won’t Work Anymore

http://online.wsj.com/articles/heard-on-the-street-for-fed-raising-rates-wont-be-easy-1405276688

12. The Government Bond Racket; Regulators figure out that sovereign debt isn’t risk free.

http://online.wsj.com/articles/the-government-bond-racket-1405290654

Asia Pacific

1. (Myanmar) – Mandalay’s Chinese Muslims Chilled by Riots

http://www.nytimes.com/2014/07/13/world/asia/mandalays-chinese-muslims-chilled-by-riots.html?emc=edit_th_20140713&nl=todaysheadlines&nlid=36114517&_r=1

2. (China) – China detains prominent financial TV anchor in what appears to be the latest target in a corruption crackdown

http://www.channelnewsasia.com/news/asiapacific/china-detains-prominent/1259014.html#

3. (Isia) – Ruminating on Indonesia’s Future Amid Uncertainty

http://www.thejakartaglobe.com/business/ruminating-indonesias-future-amid-uncertainty/

4. (China/Consumer) – Pizza Express sells for £900m to Chinese investment group

http://www.theguardian.com/business/2014/jul/12/pizza-express-sells-900m-chinese-investments-group-hony-capital

5. (Taiwan) – Taipei ranked world’s 61st most expensive city for expats Vs HK 3rd, Singapore 4th, Zurich 5th, Geneva 6^th

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140713000027

6. (China) – Chen Xiaoxin, grandson of Communist Party ‘immortal’ Chen Yun

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140712000012&cid=1601

7. (Japan) – Economic reform is the key to fixing the Japanese constitution; With fresh challenges emerging it is crucial to give the people a bigger say

http://www.ft.com/intl/cms/s/0/33aa4fce-090b-11e4-8d27-00144feab7de.html#axzz37OPUp7V5

8. (Korea/Tech) – Owen Mahoney of Nexon: a US geek at the helm of a Japanese game developer

http://www.ft.com/intl/cms/s/0/ab753e3e-0865-11e4-9afc-00144feab7de.html#axzz37OPUp7V5

9. (Msia) – Analysts query logic of Malaysia three-way bank merger

http://www.ft.com/cms/s/0/9331446e-0a3e-11e4-a55e-00144feabdc0.html

10. A flight less ordinary: How Air New Zealand became Australasia’s most profitable airline

http://www.smh.com.au/business/a-flight-less-ordinary-how-air-new-zealand-became-australasias-most-profitable-airline-20140714-zt6di.html#ixzz37QJeP3tB

11. (China) – World Bank Pens a Paean to China’s Low-Cost, High-Speed Trains

http://blogs.wsj.com/chinarealtime/2014/07/14/world-bank-pens-a-paean-to-chinas-high-speed-trains/

12. (China/Consumer) – Chinese Buyer Taps Into Coconut Water Craze; Owner of Vita Coco Is Selling a 25% Stake in the Top-Selling U.S. Brand to Beijing’s Reignwood

http://online.wsj.com/articles/chinese-buyer-taps-into-coconut-water-craze-1405300157

13. (China/Consumer) – China’s Wine Market Shifts Toward Entry Level; Crackdown on Lavish Gift-Giving Sours High-End Segment, But Lower Priced Wine Is in Bloom

http://online.wsj.com/articles/chinas-wine-market-shifts-toward-entry-level-1405305923

14. (India) – India Finance Minister: Public Might Not Be Ready for Broad Overhauls; Jaitley Philosophy Seems to Clash With That of Prime Minister Modi

http://online.wsj.com/articles/india-finance-minister-public-might-not-be-ready-for-broad-overhauls-1405252761

Life

1. Unspoiled Children, No Rod Needed; How Parents Can Be Generous Without Turning Children Into Entitled Little Terrors

http://online.wsj.com/articles/unspoiled-children-no-rod-needed-1405210274

2. Chinua Achebe on the Meaning of Life and the Writer’s Responsibility in Society

http://www.brainpickings.org/index.php/2014/07/11/chinua-achebe-meaning-of-life/

3. Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity

http://www.brainpickings.org/index.php/2014/07/07/buddhist-economics-schumacher/

4. Forget The “To-Do” List, You Need A ‘Stop Doing’ List

http://www.farnamstreetblog.com/2014/07/jim-collins-stop-doing-list/

5. Sir William Osler: A Way of Life; “Our main business is not to see what lies dimly in the distance, but to do what lies clearly at hand.”

http://www.farnamstreetblog.com/2014/07/william-osler-a-way-of-life/

6. The Uses Of Being Wrong

http://www.farnamstreetblog.com/2014/07/the-uses-of-being-wrong/

7. How to Talk About Pain: Modern medicine has impoverished the language we use to describe our suffering

http://www.nytimes.com/2014/07/13/opinion/sunday/how-to-talk-about-pain.html?ref=opinion

8. All Children Should Be Delinquents? It’s how they learn right from wrong

http://www.nytimes.com/2014/07/13/opinion/sunday/all-children-should-be-delinquents.html?ref=opinion

9. How a conversation with Warren Buffett led to a hit tequila

http://fortune.com/2014/07/11/avion-tequila-pernod-buffett/

10. Back from Bankruptcy: The Billion-Dollar Families Whose Fortunes Survived Near Brush With Death

http://www.forbes.com/sites/chloesorvino/2014/07/13/back-from-bankruptcy-the-billion-dollar-families-whose-fortunes-survived-near-brush-with-death/print/

11. Beethoven Used This Strategy To Keep Creative Ideas Flowing

http://www.businessinsider.com/beethovens-creative-strategy-2014-7

12. A Dozen Things I have Learned from Jeff Bezos

http://25iq.com/2014/04/26/a-dozen-things-i-have-learned-from-jeff-bezos/

13. Sigmund Freud, the Never-Ending Storyteller

http://www.vqronline.org/nonfiction-criticism/2014/06/sigmund-freud-never-ending-storyteller

14. Superintelligence: Paths, Dangers, Strategies, by Nick Bostrom; In ‘Superintelligence’, Nick Bostrom argues that we need to endow robots with human values

http://www.ft.com/intl/cms/s/2/021d3484-fd1d-11e3-8ca9-00144feab7de.html#axzz37OPUp7V5

15. The Vatican bank: Managing Mammon; A shake-up of Catholic finances

http://www.economist.com/news/finance-and-economics/21606897-shake-up-catholic-finances-managing-mammon

16. How confidence boosts motivation

http://www.todayonline.com/print/684786

17. The Corruption of Peer Review Is Harming Scientific Credibility

http://online.wsj.com/articles/hank-campbell-the-corruption-of-peer-review-is-harming-scientific-credibility-1405290747

TMT

1. The huge exposure Univision has received from the World Cup shows how the growth of America’s Hispanic population is reshaping the media landscape

http://www.nytimes.com/2014/07/13/business/media/biggest-scorer-in-world-cup-maybe-univision.html?ref=business&_r=0

2. From Obamacare to Marks & Spencer: when websites go wrong

http://www.theguardian.com/business/2014/jul/13/marks-spencer-obamacare-websites-go-wrong

3. Cybercrime: Hackers Inc; Cyber-attackers have multiplied and become far more professional

http://www.economist.com.libproxy.smu.edu.sg/news/special-report/21606420-perils-connected-devices-home-hacked-home

4. A special report on cyber-security

http://www.economist.com.libproxy.smu.edu.sg/news/special-report/21606416-companies-markets-and-countries-are-increasingly-under-attack-cyber-criminals

Consumer

1. How American Apparel fell into ‘dangerous trap’ of retail expansion hype

http://business.financialpost.com/2014/07/12/how-american-apparel-fell-into-dangerous-trap-of-retail-expansion-hype/

2. Michael Kors Should Study Coach’s Errors; Same-Store Sales Have Tumbled for Coach; Kors Is Gaining Market Share

http://online.wsj.com/articles/heard-on-the-street-michael-kors-should-study-coachs-errors-1405287468

3. A Tobacco CEO Who ‘Vapes’ Could Alter the Industry; As Reynolds Talks With Lorillard, Susan Cameron Is Known Exploring New Avenues

http://online.wsj.com/articles/a-tobacco-ceo-who-vapes-could-alter-the-industry-1405297837?mod=yahoo_hs

Healthcare

1. Key to Detecting Alzheimer’s Early Could Be in the Eye

http://online.wsj.com/articles/key-to-detecting-alzheimers-early-could-be-in-the-eye-1405253029?mod=WSJ_hp_RightTopStories