Evening Bamboo Insight: 30 Jul 2014

Evening Bamboo Insight: 30 Jul 2014

Macro

1. Aerospace Aftermarket On the Rise; Spares and service demand has marked positive growth in the sector

http://online.barrons.com/news/articles/SB50001424053111903849404580057883763204458

2. The Family Dollar deal embodies everything wrong with American capitalism

http://qz.com/241505/the-family-dollar-deal-embodies-everything-wrong-with-american-capitalism/

3. Upstart trading venue IEX may prompt U.S. market rule change

http://www.reuters.com/article/2014/07/30/us-markets-regulations-iexgroup-idUSKBN0FZ09J20140730

4. Fear of bubbles hides the danger of stagnation; The gloomier economic outlook is that interest rates are low for good reason

http://www.ft.com/intl/cms/s/0/06a6194c-1683-11e4-8210-00144feabdc0.html#axzz38vYpOhrD

5. Why there is never such a thing as a single true and fair view; The absurdity whereby a fall in a bank’s credit standing becomes a source of profit

http://www.ft.com/intl/cms/s/0/73582ce2-167e-11e4-8210-00144feabdc0.html#axzz38vYpOhrD

6. Financial window closes for Moscow businesses

http://www.ft.com/cms/s/0/8f054d20-1733-11e4-87c0-00144feabdc0.html#axzz38vbRzwTD

Asia Pacific

1. (Japan) – Investors Should Yen for Japanese Stocks

http://online.wsj.com/articles/investors-should-yen-for-japanese-stocks-1406600582

2. (China) – Xi Rides the Tiger; The return to one-man rule will bring costs and risks to China

http://online.wsj.com/articles/xi-rides-the-tiger-1406653411

3. (China) – Default settings in China

http://ftalphaville.ft.com/2014/07/29/1911482/default-settings-in-china/

4. (India) – Nutrition Is A Silent Emergency In India: Vinita Bali, who recently stepped down as the MD of Britannia Industries, now wants to focus on the creative lateral part of solving social problems

http://forbesindia.com/article/real-issue/nutrition-is-a-silent-emergency-in-india-vinita-bali/38315/1

5. (India) – How cool! Daikin eyes Indian market using Japanese technology; Daikin, the global leader in ACs, is betting on energy efficient technology and entrepreneurial dealers to succeed in India

http://forbesindia.com/printcontent/38305

6. (China) – With China’s meat scandal, U.S. burger tycoon faces his biggest test yet

http://business.financialpost.com/2014/07/29/with-chinas-meat-scandal-u-s-burger-tycoon-faces-his-biggest-test-yet/

7. (Korea) – Restructuring urgent for big Korean companies

http://www.koreatimes.co.kr/www/news/tech/2014/07/133_161893.html

8. (China) – Will China ever have its own Harvard?

http://www.koreatimes.co.kr/www/news/opinon/2014/07/162_161914.html

9. (China) – Ending the era of the untouchables

http://www.thestandard.com.hk/news_detail.asp?we_cat=17&art_id=147842&sid=42710162&con_type=1&d_str=20140730&fc=4

1. (China) – Nobel laureate Thomas Sargent optimistic about Silk Road Economic Belt

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140730000001&cid=1202

1. (India) – India must tackle bad bank debts to grow; Lenders need to deal with $60bn in problem loans

http://www.ft.com/intl/cms/s/0/a6937546-1348-11e4-8244-00144feabdc0.html#axzz38vYpOhrD

2. (India) – India struggles to build up infrastructure dream

http://www.ft.com/intl/cms/s/0/a4152f94-1627-11e4-93ec-00144feabdc0.html?siteedition=intl#axzz38vYpOhrD

3. (Japan) – Sony set to fail Japan index test

http://www.ft.com/intl/cms/s/0/4aa30c62-1706-11e4-8617-00144feabdc0.html#axzz38vYpOhrD

4. (India) – India’s Tata Group earmarks $35bn for global expansion plan

http://www.ft.com/cms/s/0/7348fea8-179a-11e4-87c0-00144feabdc0.html#axzz38vbRzwTD

5. (China) – Xi’s ‘tiger’ hunt breaks Communist party taboo; Xi Jinping takes risky path in disposal of ‘tiger’ Zhou Yongkang

http://www.ft.com/intl/cms/s/0/708c3c4e-1735-11e4-b0d7-00144feabdc0.html#axzz38vbzllhl

http://www.ft.com/intl/cms/s/0/f1999c0a-172b-11e4-b0d7-00144feabdc0.html#axzz38vbRzwTD

6. (China) – China’s Going After Zhou Yongkang For Corruption – Here’s Everyone In His Inner Circle

http://www.businessinsider.sg/zhou-yongkang-political-aides-graphic-2014-7/#.U9iK3PmSxqU

Life

1. The Power of the Doodle: Improve Your Focus and Memory; Research Shows That Doodling Helps People Stay Focused, Grasp New Concepts and Retain Information

http://online.wsj.com/articles/the-power-of-the-doodle-improve-your-focus-and-memory-1406675744

2. Sealed Air, the company behind Bubble Wrap, the packing material that never seems to get old

http://online.wsj.com/articles/novelty-of-bubble-wrap-never-seems-to-get-old-1406681390

3. No CEO Is Special Forever: Their customers might love them, but shareholders not so much

http://online.wsj.com/articles/holman-w-jenkins-no-ceo-is-special-forever-1406675198?mod=Opinion_newsreel_10

4. How To Start Doing Work You Love And Illuminate The World With It

http://www.forbes.com/sites/kathycaprino/2014/07/29/how-to-start-doing-work-you-love-and-illuminate-the-world-with-it/

5. How Loneliness Can Make You Sick — and Might Even Kill You

http://op-talk.blogs.nytimes.com/2014/07/29/how-loneliness-can-make-you-sick-and-might-even-kill-you/?ref=opinion

6. The Former CEO of Ogilvy & Mather on Personal Branding

http://blogs.hbr.org/2014/07/the-former-ceo-of-ogilvy-mather-on-personal-branding/

7. Beyond technology: Why one Canadian company chooses to innovate the old fashioned way

http://business.financialpost.com/2014/07/28/beyond-technology-why-one-canadian-company-chooses-to-innovate-the-old-fashioned-way/?__lsa=a503-9194

8. An idiot’s guide to an argument: How to not offend

http://www.brw.com.au/p/leadership/an_idiot_guide_to_an_argument_how_JeaAwt7hjSkMLY4E5GkvYO

9. A 15th century lesson: In the early 15th century, Korea possessed one of the most revolutionary technologies of its day: printing with moveable type. Although invented in China, Korea was the world’s leader in the application of the technology

http://www.koreatimes.co.kr/www/news/opinon/2014/07/396_161126.html

1. Contenders for the patron saint of entrepreneurs: The greatest advocates for the entrepreneurial life from the humanities and social sciences; Nietzsche was a fierce proponent of humans living to their full potential, and taking risks in life

http://www.ft.com/intl/cms/s/0/b0532ee4-1651-11e4-8210-00144feabdc0.html#axzz38vYpOhrD

1. A French revolution in work at O2: Creating jobs has made Guillaume Richard a business celebrity

http://www.ft.com/intl/cms/s/0/e0376352-1654-11e4-93ec-00144feabdc0.html#axzz38vYpOhrD

2. Ebola stirs noise while silence greets other killers; Both the deadly virus and old scourges can be stopped by long-term strategies

http://www.ft.com/intl/cms/s/0/c3088086-1708-11e4-b0d7-00144feabdc0.html#axzz38vbzllhl

3. 5 Brilliant Strategies That Make Honda One Of The World’s Most Innovative Companies

http://www.businessinsider.sg/strategies-that-make-honda-innovative-2014-7/#.U9iJKvmSxqU

4. 5 Tricks To Instantly Appear Competent

http://www.businessinsider.sg/tricks-to-appear-competent-2014-7/#.U9iJaPmSxqU

5. 22 Quotes By Richard Branson That Take You Inside The Mind Of The Self-Made Billionaire

http://www.businessinsider.sg/quotes-from-richard-branson-2014-7/#.U9iJ3vmSxqU

6. Fascinating Facts About 10 Of The World’s Best-Selling Products

http://www.businessinsider.sg/10-of-the-worlds-best-selling-items-2014-7/#.U9iKePmSxqU

7. 9 Subtle Things Leaders Do That Show They Have Integrity

http://www.businessinsider.sg/subtle-things-leaders-with-integrity-do-2014-7/#.U9iLQPmSxqU

8. The 6th Mass Extinction Could Destroy The Future Of Medicine; The potent and diverse chemicals created by nature might hold the key to better treatments for cancer, many other diseases that stymie doctors – but only if we can reach them in time

http://www.businessinsider.sg/how-climate-change-could-destroy-medicine-2014-4/#.U9iLTPmSxqU

TMT

1. Cheap Tablets Crack Corning’s Stock; lower-end devices less likely to use Gorilla Glass

http://online.wsj.com/articles/heard-on-the-street-cheap-tablets-crack-cornings-stock-1406657868?mod=yahoo_hs

2. Researchers Fret as Social Media Lift Veil on Drug Trials; Online Chatter Could Unravel Carefully Built Construct of ‘Blind’ Clinical Trials

http://online.wsj.com/articles/researchers-fret-as-social-media-lift-veil-on-drug-trials-1406687404

3. For Liberty Global, the Next Step Is the Content: CEO Mike Fries, Chairman John Malone Talk About Media Consolidation

http://online.wsj.com/articles/next-step-for-liberty-global-content-1406667563

4. (Spore/Tech) – Gaming firm puts S’pore in billion-dollar club

http://business.asiaone.com/print/sme-central/prime-movers/gaming-firm-puts-spore-billion-dollar-club

5. The New Bazaar: Online Shopping Catches On in India With Buyers and Global Investors

http://dealbook.nytimes.com/2014/07/29/the-new-bazaar-online-shopping-catches-on-in-india-with-buyers-and-global-investors/

6. How the Internet of Things Changes Business Models

http://blogs.hbr.org/2014/07/how-the-internet-of-things-changes-business-models/

7. (Australia/Tech) – Patrick Grove’s New York meeting with Rupert Murdoch ahead of REA investment in iProperty

http://www.brw.com.au/p/entrepreneurs/patrick_grove_investment_york_meeting_YavyYngApaByY2S2ohtRWM

8. (Australia/Tech) – Australian duo turn uni lecture notes into cash: Online service built by an ex-AFL player and a Macquarie Bank employee lets students cash in on their notes

http://www.theage.com.au/digital-life/digital-life-news/australian-duo-turn-uni-lecture-notes-into-cash-20140730-zy2g0.html.html

9. Why do subscription services still suck? When they do not own the content

http://www.theage.com.au/digital-life/computers/gadgets-on-the-go/why-do-subscription-services-still-suck-20140730-zyilb.html

1. Chat app Line plans a ‘flash sales’ expansion in SE Asia

http://www.chinapost.com.tw/print/413586.htm

1. E-Commerce Companies Have A Big Opportunity To Go After The Specialty Food Business

http://www.businessinsider.sg/e-commerce-companies-compete-against-legacy-grocers-on-specialty-food-2014-7/#.U9iK4_mSxqU

Consumer

1. Celebrities Struggle in Prepaid-Card Business; Fortune Eludes Cards Backed by the Famous as Competition from Big Banks Mounts and Fees Come Under Pressure

http://online.wsj.com/articles/celebrities-struggle-in-prepaid-card-business-1406655667?mod=WSJ_hp_LEFTWhatsNewsCollection

2. McDonald’s Ruling Sets Ominous Tone for Franchisers; NLRB Decision Will Allow Franchise Workers to Treat McDonald’s as ‘Joint Employer’

http://online.wsj.com/articles/nlrb-decision-could-make-mcdonalds-liable-for-labor-practices-of-franchisees-1406660591

3. (Consumer/Australia) – Claiming for a cut of the coconut water boom

http://www.brw.com.au/p/business/claiming_for_cut_of_the_coconut_rnkhzC3NAj6juQoH5fgHeI

4. McDonald’s should be the victim of the Shanghai-based Husi Food scandal involving the supply of expired meat. Instead, McDonald’s here is now perceived in a completely different light

http://www.thestandard.com.hk/news_detail.asp?we_cat=17&art_id=147761&sid=42698716&con_type=1&d_str=20140728&fc=4

Morning Bamboo Insight: 30 Jul 2014

Morning Bamboo Insight: 30 Jul 2014

Macro

1. One-third of people in Europe say they don’t feel European

http://qz.com/241428/one-third-of-people-in-europe-say-they-dont-feel-european/

2. Stock Market Keeps Its Faith in Humanity; After Years of Losing Ground to Computers, Human-Based Stock Trading Is Holding Its Own

http://online.wsj.com/articles/stock-market-regains-its-faith-in-humanity-1406564845

3. Meet the SEC’s 6,500 Whistleblowers; People Are Offering Confidential Information Under a Securities and Exchange Commission Program

http://online.wsj.com/articles/meet-the-secs-6-500-whistleblowers-1406591157

4. Cambodia: Wave of discontent; Hun Sen’s 29-year regime is tottering as a young population, angered by corruption, seeks change

http://www.ft.com/intl/cms/s/0/b01c354e-13f2-11e4-8485-00144feabdc0.html#axzz38oxKFIak

5. Audit is no longer the chore the board dreads most; There is uncertainty about what risk committees should do, writes Howard Davies

http://www.ft.com/intl/cms/s/0/284b85ca-166d-11e4-8210-00144feabdc0.html#axzz38oxKFIak

6. (Shipping/Macro) – One of the shipping industry’s most influential partnerships is set to end after 19 years, after Tor Olav Trøim said he was stepping down from his role at John Fredriksen’s main holding company

http://www.ft.com/intl/cms/s/0/eae0ec20-1699-11e4-a5c7-00144feabdc0.html#axzz38p3CqhdE

7. Jaded Argentines brace for looming debt default

http://www.reuters.com/article/2014/07/29/us-argentina-debt-insight-idUSKBN0FY09U20140729

8. VW set to overtake Toyota as global auto leader

http://www.reuters.com/article/2014/07/29/us-japan-autos-idUSKBN0FY2AM20140729

Asia Pacific

1. (Korea) – Collusion yet again in Korea: The Fair Trade Commission has imposed $424 million in fines on 28 local builders on charges of colluding on a W3.6tr state project to construct a bullet train network

http://www.koreatimes.co.kr/www/news/opinon/2014/07/202_161847.html

2. (Australia) – All ovens blazing in Aussie pizza wars; How can small pizzerias capture a slice of the market in the face of the major chains’ $5 pizza deals?

http://www.theage.com.au/small-business/trends/all-ovens-blazing-in-pizza-wars-20140716-3c0ss.html

3. (Korea) – If making investments in infrastructure in the North becomes possible, Korean companies must be the first.; Japan’s control of the ADB is apparent. Japan overwhelmingly won major projects

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992667

4. (Australia/Commodities) – Aussie miners shift iron ore price in push back against China

http://www.theage.com.au/business/miners-shift-iron-ore-price-in-push-back-against-china-20140729-zxwzt.html

5. (China) – Policy predictions even harder in China than in a democracy

http://www.ft.com/intl/cms/s/0/db8330c8-1674-11e4-8210-00144feabdc0.html#axzz38p3CqhdE

6. (China) – China Said to Allow Five Regions to Create Bad-Loan Firms

http://www.bloomberg.com/news/print/2014-07-28/china-said-to-allow-five-regions-to-create-bad-loan-firms.html

7. (China) – China Says Zhou Yongkang, Former Security Chief, Is Under Investigation

http://www.nytimes.com/2014/07/30/world/asia/china-says-zhou-yongkang-former-security-chief-is-under-investigation.html

8. (China) – Zhou Yongkang: Oil man whose well of power finally ran dry; No safe haven in China’s corruption crackdown

http://news.asiaone.com/print/news/asia/zhou-yongkang-oil-man-whose-well-power-finally-ran-dry

http://www.reuters.com/article/2014/07/30/us-china-corruption-investigation-idUSKBN0FZ01Z20140730

9. (Msia/Healthcare) – Malaysia tries to parlay appeal to Muslim visitors into medical tourism push

http://www.reuters.com/article/2014/07/29/us-malaysia-medical-idUSKBN0FY2AT20140729

1. (China) – BBC profile of China’s Billionaire Ex-National Security Chief Investigated For “Serious Disciplinary Violation”

http://www.zerohedge.com/news/2014-07-29/chinas-billionaire-ex-national-security-chief-investigated-serious-disciplinary-viol

http://www.bbc.com/news/world-asia-china-26349305?print=true

1. (HK) – Is Hong Kong-US Dollar Link About To End? HKMA Buys $715 Million To Support Peg

http://www.zerohedge.com/news/2014-07-29/hong-kong-us-dollar-link-about-end-hkma-buys-715-million-support-peg

2. (Australia) – Aussie supermarket retailer giant Woolworths trademark maps out financial services ambition

http://www.theage.com.au/business/retail/woolworths-trademark-maps-out-financial-services-ambition-20140730-zy7ak.html

Life

1. The Cardinal Sins of Innovation Policy

http://blogs.hbr.org/2014/07/the-cardinal-sins-of-innovation-policy/

2. The Most Important Factor Of Startup Success

http://techcrunch.com/2014/07/28/the-most-important-factor-of-startup-success/

3. Why Victorinox still screws with the Swiss Army Knife; Keeping sharp through constant innovation: “We Swiss live in a small country with no resources. In the good times we need to prepare for the bad times. Nature has forced us to use our brains.”

http://www.brw.com.au/p/business/why_victorinox_still_screws_with_SWD5e8QqsyV3wpbD5DAVeI

4. Performance Niches in Trading: The Rage to Master; Greatness is a function of how we approach life; the rage to master is a form of obsession

http://adamhgrimes.com/blog/rage-master/

http://traderfeed.blogspot.co.uk/2014/07/performance-niches-in-trading-rage-to.html

4. Entrepreneurs’ focus is on livelihood; Four out of 10 new businesses in Korea are started as a means to make a living

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992691&cloc=joongangdaily|home|newslist1

5. Poll: How introverted are you? The results

http://blog.ted.com/2014/07/14/poll-how-introverted-are-you/

6. How Old Industries Become Young Again: Five indicators reveal when your sector is about to be transformed by dematurity

http://www.strategy-business.com/article/00270?gko=42973&cid=20140729enews&utm_campaign=20140729enews

7. When the Caregivers Need Healing

http://www.nytimes.com/2014/07/29/health/when-the-caregivers-need-healing.html?ref=health&_r=0

8. Just as Dangerous as We Think: “The Norm Chronicles: Stories and Numbers About Danger and Death” is a kinetic trip through the percentages of risk and the primacy of perceptions

http://www.nytimes.com/2014/07/29/health/book-review-the-norm-chronicles.html?ref=health

9. The Norm Chronicles: Stories and Numbers About Danger and Death

http://www.amazon.com/Norm-Chronicles-Stories-Numbers-Danger/dp/0465085709/

1. Teaching Teaching: Teachers shouldn’t be learning on the job as they go

http://www.nytimes.com/2014/07/29/opinion/joe-nocera-teaching-teaching.html?ref=opinion

1. When It’s Cool To Have Nothing: Living a stripped-down life with few possessions is becoming popular – but critics point out that getting rid of stuff looks is a status symbol only if you have stuff to begin with

http://op-talk.blogs.nytimes.com/2014/07/28/when-its-cool-to-have-nothing/?ref=opinion

2. 6 Ways To Take Care Of Your ‘Mental Hygiene’

http://www.businessinsider.sg/how-to-take-care-of-your-mental-hygiene-2014-7/

3. 7 Timeless Lessons On Resilience From ‘Philosopher King’ Marcus Aurelius

http://www.businessinsider.sg/marcus-aurelius-meditations-2014-7/

4. 3 Risks Every Leader Should Take: Be alone. Be misunderstood. Don’t be like everyone else

http://www.businessinsider.sg/risks-every-leader-should-take-2014-7/#.U9dJ4vmSxqU

5. Tom Hiddleston Sent An Amazing Email To Director Joss Whedon After Reading ‘The Avengers’ Script For The First Time

http://www.businessinsider.sg/tom-hiddlestons-avengers-email-to-joss-whedon-2014-7/#.U9dLqPmSxqU

6. Are superstar architects, who often work in cities they know little about, creating buildings that don’t mesh well with the surroundings?

http://www.nytimes.com/roomfordebate/2014/07/28/are-the-star-architects-ruining-cities-9

7. The Creative Art of Selling a Book by Its Cover

http://www.nytimes.com/2014/07/29/books/peter-mendelsund-book-designer-debuts-as-a-writer.html

8. To Optimize Talent, Sweat the Small Stuff; Lots of little changes aimed at enhancing employee engagement and mindfulness can create a big payoff

http://ww2.cfo.com/analytics/2014/07/optimize-talent-sweat-small-stuff

9. The Dark Triad at work

http://www.smu.edu.sg/perspectives/2014/07/30/dark-triad-work#.U9hLm_mSxqU

1. Debunking myths in revitalising Chinese languages

http://www.todayonline.com/print/720741

TMT

1. Here’s what automakers have to gain from connecting cars to the internet; carmakers will be able to decide whether they really need to honor a warranty claim or whether the problem was the customer’s fault

http://qz.com/240628/heres-what-automakers-have-to-gain-from-connecting-cars-to-the-internet/

2. (China/Tech) – China’s Baidu follows Google steer with self-driving car

http://www.ft.com/intl/cms/s/0/8b87c5f4-163b-11e4-93ec-00144feabdc0.html#axzz38p3CqhdE

3. (China/Tech) – UnionPay Said to Hand Payment Firms Hefty Fines over Illegal Operations; Companies were caught charging businesses less than the agreed-upon fees to attract users

http://english.caixin.com/2014-07-28/100709780.html

4. Facebook to shut down Gifts service in latest e-commerce shift

http://www.reuters.com/article/2014/07/29/us-facebook-gifts-idUSKBN0FY2HQ20140729

5. Does Your Company Collect Data – Or Hoard It? At what point does a company’s data collection become self-defeating?

http://sloanreview.mit.edu/article/does-your-company-collect-data-or-hoard-it/

Consumer

1. L’Oréal make-up goes virtual for selfie age

http://www.ft.com/intl/cms/s/0/e980243e-13ee-11e4-8485-00144feabdc0.html#slide0

Healthcare

1. Drugmakers juggle non-core assets

http://www.ft.com/intl/cms/s/0/94b69be8-1675-11e4-8210-00144feabdc0.html?siteedition=intl#axzz38p3CqhdE

Investing Process

1. Polycentricity, Self-Governance, and the Art & Science of Association

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2436647

2. The Shorting Premium and Asset Pricing Anomalies

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2471175

Commodities

 

Energy