Morning Bamboo Insight: 11 Jul 2014

Morning Bamboo Insight: 11 Jul 2014

Macro

1. Low volatility is bad for ‘low-vol’ funds; Once central banks start to tighten rates, such assets may make sense

http://www.ft.com/intl/cms/s/0/1e6461d8-0693-11e4-ba32-00144feab7de.html#axzz373LxWzbD

2. Our Financial Crisis Amnesia; Remember the S&L crisis? Nobody else does either. And we’ll soon forget about 2008 too.

http://online.wsj.com/articles/alex-pollock-our-financial-crisis-amnesia-1404946250

3. Emerging market fund managers ignore borders, chase profits

http://www.reuters.com/article/2014/07/10/us-funds-emergingmarkets-stocks-analysis-idUSKBN0FF0DX20140710

Asia Pacific

1. (Isia) – Indonesia at a Crossroads: Old Model or Brand New Chapter?

http://www.thejakartaglobe.com/opinion/indonesia-crossroads-old-model-brand-new-chapter/

2. (Korea) – Won overvalued by 10%, similar to right before 1997 crisis: seminar

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=975088&selFlag=&relatedcode=&wonNo=&sID=308

3. (Korea) – The Samsung risk; Economy cannot depend on a few companies, industries

http://www.koreatimes.co.kr/www/news/opinon/2014/07/202_160779.html

4. (Korea) – Korea’s Securities and Futures Commission recommended the dismissal of Hyosung billionaire chairman Cho Suck-Rai and Vice Chairman Lee Sang-woon due to fraudulent accounting; sibling rivalry intensifies

http://www.koreatimes.co.kr/www/news/biz/2014/07/123_160703.html

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991806

5. (Korea) – ‘Knowing what to give up is important’: GS chief Huh Chang-soo who asked executives to be “proactive” in investment and “bold” about shutting down businesses with dim prospects

http://www.koreatimes.co.kr/www/news/biz/2014/07/123_160705.html

6. (India) – Free India’s government from the shackles of the state

http://www.ft.com/intl/cms/s/0/5f2fa74c-074f-11e4-b1b0-00144feab7de.html

7. (Isia) – New breed starts to muscle in on Indonesia’s old-style patronage politics

http://www.reuters.com/article/2014/07/08/us-indonesia-election-breed-idUSKBN0FD0D020140708

8. (Isia) – Indonesia needs forward-looking leadership

http://www.businesstimes.com.sg/premium/editorial-opinion/editorial/indonesia-needs-forward-looking-leadership-20140710

9. (China/Healthcare) – China tells hospitals not to deny emergency care to the poor

http://news.asiaone.com/print/news/asia/china-tells-hospitals-not-deny-emergency-care-poor

10. (China) – CCTV Accuses Bank of China of Money Laundering; Broadcast Claims Bank Helps Clients Skirt the Controls on Cross-Border Fund Transfers

http://online.wsj.com/articles/cctv-accuses-bank-of-china-of-money-laundering-1404911094?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702303833804580018811447826670.html

11. (China) – The deluge of lawsuits over China’s missing metals has begun

http://qz.com/232632/the-inevitable-deluge-of-lawsuits-over-chinas-missing-metals-has-begun/

12. (India) – The real picture of India’s finances is terrifying

http://qz.com/232109/debt-trap-meets-populism-the-real-picture-of-indias-finances-is-terrifying/

13. (China) – Chinese Gov’t Throwing Money away on Bullet Trains, Expert Says

http://english.caixin.com/2014-07-10/100702343.html

14. (HK) – Hong Kong’s Protests Could Send Its Property Market Into The Worst Slump Since The 1998 Asian Financial Crisis

http://www.businessinsider.sg/banks-warn-about-hong-kong-protests-2014-7/#.U76F2fmSxqU

Life

1. A Great Negotiator’s Essential Advice; Tommy Koh played central roles in some of the most complex international negotiations ever held

http://blogs.hbr.org/2014/07/a-great-negotiators-essential-advice/

2. In Praise of the Invisible Leader

http://www.strategy-business.com/article/00263?gko=9b210&cid=20140710aag&utm_campaign=20140710aag&tid=27782251&pg=all

3. Why Piketty’s Wealth Data Are Worthless; Private retirement plans rose to $12.4 trillion in 2012 from $875 billion in 1984. None of it is reported on tax returns

http://online.wsj.com/articles/alan-reynolds-why-pikettys-wealth-data-are-worthless-1404945590

4. The Billionaire Families Behind Your Favorite Brands

http://www.forbes.com/sites/sandhyasubbarao/2014/07/09/the-billionaire-families-behind-your-favorite-brands/print/

5. Startups Anonymous: The Founder Meltdown

http://pando.com/2014/07/09/startups-anonymous-the-founder-meltdown/

6. Thomas Edison Secretly Financed The First Electric Chair To Destroy His Rival

http://www.businessinsider.sg/edison-financed-the-electric-chair-2014-7/#.U76HHPmSxqU

7. Scientists Discover Potential New Way To Fight Fat And Depression: Bacteria

http://www.businessinsider.sg/probiotics-can-make-you-skinny-and-happy-2014-6/#.U76HF_mSxqU

TMT

1. The rise of the Google Handyman

http://www.theage.com.au/digital-life/computers/gadgets-on-the-go/the-rise-of-the-google-handyman-20140709-zt1ci.html

2. Smartwatches Blur Outlook for Google Glass; Google Makes Tactical Shift in Wearable Devices; Smartwatches Are Cheaper And Offer Far More Apps

http://online.wsj.com/articles/smartwatches-blur-outlook-for-google-glass-1404943792

3. S.Africa’s Naspers, majority owner of China’s Tencent, to reinvent itself, again, for mobile

http://www.reuters.com/article/2014/07/09/us-naspers-ceo-idUSKBN0FE2HP20140709

4. Africa’s Challenges Are Tech Startups’ Opportunities; Local Entrepreneurs Develop Sturdier Products Tailored to Continent’s Technological Needs

http://online.wsj.com/articles/africas-challenges-are-tech-startups-opportunities-1404944003

5. Turkey Is Becoming A New Kind Of Silicon Valley

http://www.forbes.com/sites/groupthink/2014/07/09/turkey-is-becoming-a-new-kind-of-silicon-valley/print/

6. DIY Website Builder Wix Launches Email Newsletter Service

http://techcrunch.com/2014/07/09/diy-website-builder-wix-gets-into-email-newsletters/

7. Ad spending per person in 2013; Advertisers value Americans almost 110 times more than Indians

http://qz.com/232141/advertisers-value-americans-almost-110-times-more-than-indians/

8. Meet Quikr, India’s very own answer to Craigslist

http://www.chinapost.com.tw/print/411998.htm

9. 7 Body Language Tricks To Make Anyone Instantly Like You

http://www.businessinsider.sg/body-language-tricks-to-make-people-like-you-2014-7/#.U76FNPmSxqU

Health

1. Race Is On to Profit From Rise of Urgent Care; A growing category in health care promises an alternative to the hospital emergency room and perhaps the family practitioner, with low fees and extended hours

http://www.nytimes.com/2014/07/10/business/race-is-on-to-profit-from-rise-of-urgent-care.html?ref=business&_r=0

Consumer

1. The unraveling of American Apparel

http://qz.com/232284/the-unraveling-of-american-apparel/

Evening Bamboo Insight: 10 Jul 2014

Evening Bamboo Insight: 10 Jul 2014

Macro

1. Carlos Slim bows to Mexico telecoms reform; offers to shrink his Mexico telecoms empire

http://www.reuters.com/article/2014/07/09/us-slim-america-movil-idUSKBN0FD2KR20140709

2. Scoping the new subprime as watchdogs cry ‘bubble’

http://www.reuters.com/article/2014/07/09/us-investment-analysis-idUSKBN0FE0F420140709

3. Fed Sets October End for QE Bond Buying

http://online.wsj.com/articles/fed-sets-october-end-for-bond-buying-1404928864

4. Companies Selling Stocks at Record Pace This Year; Offerings of Stock and Similar Securities Have Raised $510 Billion in 2014 Around the World

http://online.wsj.com/articles/companies-selling-stocks-at-record-pace-this-year-1404940991?mod=yahoo_hs

Asia Pacific

1. (China) – China’s yuan global ambition faces payments hurdle

http://www.reuters.com/article/2014/07/08/us-china-economy-yuan-idUSKBN0FD2G720140708

2. (Korea) – Over 3,000 small, established firms put up for sale in S. Korea

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=970677&selFlag=&relatedcode=&wonNo=&sID=308

3. (India/Healthcare) – India likely to extend price caps to more drugs

http://in.reuters.com/article/2014/06/24/india-pharmaceuticals-idINKBN0EZ0CT20140624

4. (China) – Shaolin Monastery plans to develop mobile games; At present, the offices of the Shaolin Monastery have a Wi-Fi connection and every young monk has a smartphone

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140709000026&cid=1104

5. (India) – Modi should end his own honeymoon

http://www.todayonline.com/print/661941

6. (Taiwan/Tech) – Hon Hai soon to deploy self-made robotics for production

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140709000035&cid=1206

7. (Taiwan/Tech) – Cher Wang: A visionary tech founder returns to HTC

http://fortune.com/2014/07/07/cher-wang-htc/

8. (Spore) – Moody’s retains negative outlook on Singapore’s banks

http://www.thestar.com.my/Business/Business-News/2014/07/08/Moody-retains-negative-outlook-on-Singapore-banking-system/

9. (Taiwan) – Taiwan should invest more in ‘invisible assets’: think tank

http://www.chinapost.com.tw/print/411947.htm

10. China’s audit office plays powerful but silent role in anti-corruption crackdown

http://www.scmp.com/print/news/china/article/1536264/silent-deadly-chinas-secretive-audit-office-reveals-crucial-role-xis-anti

11. Strong Luye Pharma debut boosts prospects for ‘China orphan’ firms that had been previously listed elsewherehttp://www.reuters.com/article/2014/07/09/us-luye-pharma-grp-listing-idUSKBN0FE0JW20140709

12. (China/Tech) – Xiaomi Users Spend More Time In Apps Than iPhone Owners In China

http://techcrunch.com/2014/07/08/xiaomi-users-spend-more-time-in-apps-than-iphone-owners-in-china/

13. (Korea) – South Korea’s Costly Obsession With English

http://blogs.wsj.com/korearealtime/2014/07/09/south-koreas-costly-obsession-with-english/

14. (China) – China Finance Minister Says 7.5% GDP Target Not a ‘Floor’; Comment Suggests Beijing May Be Comfortable With Slower Growth

http://online.wsj.com/articles/china-finance-minister-says-7-5-gdp-target-not-a-floor-1404907259

15. (Isia) – Widodo Claims Victory in Indonesian Election, Subianto Won’t Concede

http://online.wsj.com/articles/polls-open-in-indonesia-presidential-race-1404872776

16. (Myanmar) – No fairytale ending for poor, divided Myanmar; An end to war and a transition to democracy are not the same as peace

http://www.ft.com/intl/cms/s/0/1a70e4f8-06d3-11e4-ba32-00144feab7de.html

17. (China) – Xi Jinping and Mao’s Playbook; The anticorruption campaign does not signal a reformed Party

http://online.wsj.com/articles/xi-jinping-and-maos-playbook-1404924289

Life

1. Are you a visionary director? A checklist for building shareholder value

http://blogs.cfainstitute.org/marketintegrity/2014/06/16/are-you-a-visionary-director-a-checklist-for-building-shareholder-value/

http://www.cfainstitute.org/learning/future/Documents/visionary_director.pdf

http://www.cfapubs.org/doi/pdf/10.2469/ccb.v2012.n3.1

2. VMware CEO Patrick Gelsinger Explains Why 3-Pronged Focus Is Right; Gelsinger abides by what he calls the “abundance theory” – the more time he spends with employees or business partners, the more he’s likely to learn

http://online.wsj.com/articles/boss-talk-vmwares-second-act-is-in-the-cloud-1404842502

http://blogs.wsj.com/atwork/2014/07/08/the-ceo-who-color-codes-every-minute

3. Why countries need to invest more in research

http://www.todayonline.com/print/661921

4. What Corporate Climbers Can Teach Us; ‘Dark’ Personality Traits Can Help People Rise Through Ranks

http://online.wsj.com/articles/what-corporate-climbers-can-teach-us-1404862389

5. 13 Most American Companies

http://fortune.com/2014/07/07/13-most-american-companies/

6. Probing Brain’s Depth, Trying to Aid Memory

http://www.nytimes.com/2014/07/09/health/probing-brains-depth-trying-to-aid-memory.html?ref=health

7. Lessons of a For-Profit College Collapse

http://www.nytimes.com/2014/07/09/opinion/lessons-of-a-for-profit-college-collapse.html?ref=opinion

8. Teaching Young Students the Fine Art of Arguing; More Schools Offer Debating Instructions to Younger Students

http://online.wsj.com/articles/teaching-young-students-the-fine-art-of-arguing-1404870369

9. The Magic Fades for Gowex’s Jenaro García; Lauded as an Innovator, Wi-Fi Entrepreneur Personifies Challenges Facing Spanish Economy

http://online.wsj.com/articles/the-magic-fades-for-gowexs-jenaro-garcia-1404843472

10. Two Important Lessons From Crumbled Crumbs Bake Shop

http://www.forbes.com/sites/adamhartung/2014/07/08/two-lessons-from-crumbled-crumbs-bake-shop/print/

11. Berkshire’s All Stars: The Enduring Value of Values; nine traits in subsidiaries, including budget-consciousness, earnestness, kinship, entrepreneurship, autonomy, and a sense of permanence

http://www.valuewalk.com/2014/07/berkshire-larry-cunningham/ 

12. For Crumbs, Growth May Have Come Too Fast

http://www.nytimes.com/2014/07/09/business/for-crumbs-growth-may-have-come-too-fast.html?ref=business

13. Bosch Korea CEO mixes football, military, management; ‘I learned to not just issue orders, even in the army. Give people some background, explain the target to them.’

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991630&cloc=joongangdaily|home|online

14. How A Lucky Run In Vegas Saved FedEx

http://priceonomics.com/how-a-lucky-run-in-vegas-saved-fedex/

15. Hui Wing Mau: The self-made Australian billionaire that nobody knows

http://www.theage.com.au/business/the-selfmade-australian-billionaire-that-nobody-knows-20140708-zt08r.html

16. Why Bill Gates and Warren Buffett are so successful, in one word; Focus as a noun; Know how valuable your time is

http://qz.com/231907/why-bill-gates-and-warren-buffett-are-so-successful-in-one-word/

17. Why ABBA Turned Down $1 Billion To Reunite In 2000

http://www.businessinsider.sg/abbas-1-billion-reunion-offer-2014-7/#.U71YfPmSxqU

18. The Faulty ‘Mental Models’ That Lead to Poor Disaster Preparation

http://knowledge.wharton.upenn.edu/article/wind-rain-worse/

19. Has ‘Disruptive Innovation’ Run Its Course? Not Yet.

http://knowledge.wharton.upenn.edu/article/disruptive-innovation-run-course-yet/

TMT

1. Eventbrite’s Hartz hopes she’s found the ticket for a lasting company

http://fortune.com/2014/07/08/eventbrites-hartz-hopes-shes-found-the-ticket-for-a-lasting-company/

2. Confessions of a Computer Modeler; Any model, including those predicting climate doom, can be tweaked to yield a desired result

http://online.wsj.com/articles/confessions-of-a-computer-modeler-1404861351

3. A look back at classic deals of Sun Valley’s past

http://fortune.com/2014/07/08/a-look-back-at-classic-deals-of-sun-valleys-past/

4. Teen interns in Silicon Valley getting ‘insane’ pay

http://business.financialpost.com/2014/07/08/teen-interns-in-silicon-valley-getting-insane-pay/

5. How Intel, Microsoft and Apple show there is too much focus on disruption; The ‘lightbulb moment’ of a disruptive idea is important – but it’s the follow-up work keeping the lights on that is arguably more valuable

http://www.brw.com.au/p/leadership/disruption_intel_microsoft_and_apple_v1vfVKl0LIQRFri0uSudkK

6. No Revenue, No Assets Social Media Company CYNK Up Over $1 Billion (+110%) Today On 57K Shares Traded; Full List Of Companies “Audited” By CYNK’s Public Auditor

http://www.zerohedge.com/news/2014-07-09/sheer-insanity-no-revenue-company-rises-over-1-billion-today-57k-shares-traded

http://www.zerohedge.com/news/2014-07-09/full-list-companies-audited-cynks-public-auditor

7. (China/Tech) – Can WeChat Become A Major Advertising Platform?

http://blogs.wsj.com/digits/2014/07/09/can-wechat-become-a-major-advertising-platform/

Healthcare

1. Alzheimer’s Blood Test Progress Boosts British Biotech Company

http://online.wsj.com/articles/alzheimers-blood-test-progress-boosts-british-biotech-company-1404823119

2. Women’s Cancer Risk Raises Doubts About FDA Oversight; Critics See Morcellation Risk as Sign of Weakness in the Monitoring Process for Medical Tools

http://online.wsj.com/articles/womens-cancer-risk-raises-doubts-about-fda-oversight-1404842368

3. Rapid Price Increases for Some Generic Drugs Catch Users by Surprise

http://www.nytimes.com/2014/07/09/health/some-generic-drug-prices-are-soaring.html?ref=health

Consumer

1. Billionaire Jumps Into Headphone Battle Against Beats Audio

http://www.forbes.com/sites/stevenbertoni/2014/07/08/billionaire-jumps-into-headphone-battle-against-beats-audio/print/

2. Emerging Markets’ Chocolate Lovers Boost Cocoa Prices; Appetite for Chocolate in Developing Countries Has Sparked Rally in Cocoa, Near Three-Year Highs

http://online.wsj.com/articles/emerging-markets-chocolate-lovers-boost-cocoa-prices-1404849640

3. Crumbs closes in bitter end for biggest U.S. cupcake chain; Crumbs’ Downfall Shows Limits of American Cupcake Addiction; The Crumbnuts Weren’t Enough, as Cupcake Chain Closes Amid Glut

http://uk.reuters.com/article/2014/07/08/us-crumbs-bake-shop-bankruptcy-idUKKBN0FD2I520140708

http://www.bloomberg.com/news/print/2014-07-08/crumbs-downfall-shows-limits-of-american-cupcake-addiction-1-.html

http://www.bloomberg.com/news/print/2014-07-08/crumbs-closes-all-its-stores-as-crumbnuts-fail-to-revive-chain.html

4. (Consumer/Tech) – Home Depot Sales, IT Collaborate on the Connected Home

http://blogs.wsj.com/cio/2014/07/08/home-depot-sales-it-collaborate-on-the-connected-home/

5. Supermarkets Could Soon Manipulate Where You Walk

http://www.forbes.com/sites/tomvanriper/2014/07/08/supermarkets-could-soon-control-where-you-walk/print/

6. Quinoa Rides the ‘Superfoods’ Wave; Once-Obscure Peruvian Seed ‘Is a Perfect Collision of Trends’

http://online.wsj.com/articles/quinoa-rides-the-superfoods-gluten-free-waves-1404926555

Investing Process

1. Jonathan Booth on GM And Why BBBY Reminds Him of BRK

http://www.valuewalk.com/2014/07/jonathan-booth-on-gm-and-why-bbby-reminds-him-of-brk/

http://www.boothlaird.com/wp-content/uploads/2014/07/Booth-Laird-Q2-2014-Newsletter.pd

2. The Moneyball of Quality Investing: What Is Quality?

http://www.valuewalk.com/2014/07/moneyball-quality-investing

http://www.researchaffiliates.com/Production%20content%20library/The_Moneyball_of_Quality_Investing_pdf.pdf

Commodities

1. Big Commodity Traders Gain Clout; Trafigura, Vitol Among a Handful of Firms Shaking Up Markets

http://online.wsj.com/articles/big-commodity-traders-gain-clout-1404933074

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

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

Morning Bamboo Insight: 09 Jul 2014

Morning Bamboo Insight: 09 Jul 2014

Macro

1. Banks Face Added Capital Requirements; Basel Committee May Reduce Lenders’ Latitude on Weighing Risk, including potentially ending the long-standing treatment of all government bonds as automatically risk-free

http://online.wsj.com/articles/banks-face-added-capital-requirements-1404692554

2. From 1889 to 2014, Political Parallels Abound; Hope in History? Past Is Prologue in Problems and Progress

http://online.wsj.com/articles/from-1889-to-2014-political-parallels-abound-1404749371

3. Ambition, investor greed fuel rise and fall of Dubai’s Arabtec

http://www.reuters.com/article/2014/07/08/us-arabtec-ceo-insight-idUSKBN0FD0BK20140708?feedType=RSS&feedName=businessNews

4. Investors Are Buying Troubled Golf Courses and Giving Them Makeovers

http://dealbook.nytimes.com/2014/07/07/investors-are-buying-troubled-golf-courses-and-giving-them-makeovers/

5. Welcome to the Everything Boom, or Maybe the Everything Bubble; Around the world, nearly every asset class is expensive by historical standards

http://www.nytimes.com/2014/07/08/upshot/welcome-to-the-everything-boom-or-maybe-the-everything-bubble.html

6. 125 Years of Change in the U.S. Economy-and the Dow; How the Business World Has Been Transformed, From the Democratization of Capital to the Rise and Fall of Labor

http://online.wsj.com/articles/125-years-of-change-in-the-u-s-economyand-the-dow-1404763584

7. Banks’ Judgment Leaves Investors with Alternative Risk; Newfangled capital is being used most by banks that rely more on making judgments about the riskiness of their assets. That leaves equity investors expos

http://online.wsj.com/articles/heard-on-the-street-banks-judgment-leaves-investors-with-alternative-risk-1404747400

Asia Pacific

1. (China) – Crony Capitalism Comes To China – Ex Central Bank Chief’s Son-In-Law In Insider-Trading Scandal

http://www.zerohedge.com/news/2014-07-07/crony-capitalism-comes-china-ex-central-bank-chiefs-son-law-insider-trading-scandal

2. (China) – “This Could Be The Last Straw” 90% Of China Loan Guarantors Bankrupt

http://www.zerohedge.com/news/2014-07-07/could-be-last-straw-90-china-loan-guarantors-bankrupt

3. (Isia) – As Indonesia Vote Nears, a Trip to Mecca; In Race’s 11th Hour, Candidate Shores Up Muslim Credentials After Rival Gets Hard-Liner Backing

http://online.wsj.com/articles/as-indonesia-vote-nears-a-trip-to-mecca-1404746650

4. (China/Tech) – Alibaba Founder’s Recent Deals Raise Flags; Some Investments by Jack Ma, Partners Were Made on Behalf of Alibaba or Funded by Loan From the Company

http://online.wsj.com/articles/alibaba-founder-jack-mas-recent-deals-raise-flags-1404760656

5. (Korea/Tech) – Foreign Investors Put Pressure on Samsung; As Tech Giant’s Cash Pile Grows, Company Executives Are Urged to Raise in Dividends, Restart Buybacks

http://online.wsj.com/articles/foreign-investors-put-pressure-on-samsung-1404758013?mod=_newsreel_3

6. (HK) – Flying Wolves and Rejected Bills: Hong Kong’s Most Hostile Legislature Ever

http://blogs.wsj.com/chinarealtime/2014/07/07/flying-wolves-and-rejected-bills-hong-kongs-most-hostile-legislature-ever/?mod=WSJ_hp_Asia_EditorsPicks

7. (China) – ‘Transformers’ Soon to Become China’s Highest-Grossing Film of All Time

http://blogs.wsj.com/chinarealtime/2014/07/07/transformers-soon-to-become-chinas-highest-grossing-film-of-all-time/?mod=WSJ_hp_Asia_EditorsPicks

8. (Isia) -Indonesia: The Governor vs. the General; The candidates’ nearly equal polls suggest voters want both a less elitist and more assertive Indonesia

http://online.wsj.com/articles/kurtz-van-zorge-indonesia-the-governor-vs-the-general-1404751934

9. (Isia) – Indonesia’s Choice on Democracy; Will the next president be a defender of liberal values or an aspiring strongman?

http://online.wsj.com/articles/indonesias-choice-on-democracy-1404751125

10. (Thai) – Thai junta pushing renovation unseen for decades

http://news.asiaone.com/print/news/asia/thai-junta-pushing-renovation-unseen-decades

11. (Msia) – Malaysia’s Penang MLM company of 26-year-old Chinese ‘millionaire’ under investigation since February

http://news.asiaone.com/print/news/malaysia/company-26-year-old-chinese-millionaire-under-investigation-february

http://news.asiaone.com/print/news/malaysia/chinese-millionaires-mlm-scheme-illegal-set

12. (Isia) – Indonesian presidential hopeful prays Mecca trip will win votes; Megawati works backstage as Jokowi takes the spotlight

http://news.asiaone.com/print/news/asia/indonesian-presidential-hopeful-prays-mecca-trip-will-win-votes

http://news.asiaone.com/print/news/asia/megawati-works-backstage-jokowi-takes-spotlight

13. (Japan) – Hope for Abe’s ‘virtuous cycle’ as Japan Inc spends on technology

http://www.reuters.com/article/2014/07/07/us-japan-economy-capex-idUSKBN0FC29S20140707

14. (China) – Ren Zhengfei, the founder of Huawei, said the United States doesn’t want to see a stronger China during his first ever interview with Chinese media in June

http://www.china.org.cn/business/2014-07/08/content_32886613.htm

15. (China) – China’s State Media Goes Into Overdrive Over the Marco Polo Incident

http://blogs.wsj.com/chinarealtime/2014/07/07/chinas-state-media-goes-into-overdrive-over-the-marco-polo-incident/

16. (China) – China Local Funding Unit Got Funds Illegally, Beijing News Says

http://www.bloomberg.com/news/print/2014-07-07/china-local-funding-unit-got-funds-illegally-beijing-news-says.html

17. (China) – Behind the Propaganda Wars-4 / China wages $8.7 billion global media campaign

http://the-japan-news.com/news/article/0001380691

18. (China/Tech) – County-level E-commerce: Next Driver of China’s Online Shopping

http://huxiu.me/post/91120074826/county-level-e-commerce-next-driver-of-chinas-online

19. (India) – Investors Budgeting for India Blockbuster; Modi’s first budget as prime minister is a signal event for India investors. There’s ample room for disappointment

http://online.wsj.com/articles/investors-budgeting-for-india-blockbuster-1404701339

20. (Korea/Tech) – Samsung Sings Smartphone Blues; The cash returns are likely to come as buybacks rather than dividends, as that would help the Lee family keep hold over the company ahead of a massive restructuring of the broad Samsung conglomerate

http://online.wsj.com/articles/heard-on-the-street-samsung-sings-smartphone-blues-1404800905?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304418604580016341199915002.html

Life

1. Scientists Identify Largest Flying Bird; The Sea Bird Likely Flew 25 Million Years Ago and Was Twice the Size of a Modern Albatross

http://online.wsj.com/articles/scientists-identify-largest-flying-bird-1404759602

2. Build a family empire; How do you take a family business and turn it into something special?

http://www.theage.com.au/small-business/trends/build-a-family-empire-20140703-3bb1u.html#ixzz36t3xUnhc

3. The Creative Climate: Creative tension between people and within individuals is fundamental to social evolution; Albert Einstein put it, “You can never solve a problem on the level on which it was created.”

http://www.nytimes.com/2014/07/08/opinion/david-brooks-the-creative-climate.html?emc=edit_th_20140708&nl=todaysheadlines&nlid=36114517

4. A new Quinnipiac poll finds that a plurality rated Barack Obama the worst president in the past 70 years — worse even than Richard Nixon, who resigned in scandal

http://www.washingtonpost.com/opinions/marc-thiessen-obamas-legacy-of-failure/2014/07/07/9148acf8-05e0-11e4-a0dd-f2b22a257353_story.html?wpisrc=nl_opinions

5. Starting a Corporate Information Business? Consider These Six Tips

http://blogs.wsj.com/cio/2014/07/08/starting-a-corporate-information-business-consider-these-six-tips/

6. Free People, Free Markets: The lessons from 125 years show how to revive American prosperity

http://online.wsj.com/articles/the-wall-street-journal-125-years-of-free-people-free-markets-1404770480

7. The Case for Crony Capitalism?

http://online.wsj.com/articles/the-case-for-crony-capitalism-1404776061

8. Billy Beane on the Future of Sports: A Tech-Driven Revolution; The A’s General Manager Says New Systems Will Transform How We Play-and Watch-Sports

http://online.wsj.com/articles/billy-beane-on-the-future-of-sports-a-tech-driven-revolution-1404762964

9. Rosabeth Moss Kanter on How Corporations of the Future Will Behave; The Harvard Business School Professor Says Companies Will Converge on a Few Universal Standards and Norms

http://online.wsj.com/articles/rosabeth-moss-kanter-on-how-corporations-of-the-future-will-behave-1404763051

10. John Bogle on the Future of Investing: The Rise of the Shareholders; Vanguard’s Founder Sees Investors Demanding a Smaller, Simpler Financial System

http://online.wsj.com/articles/john-bogle-on-the-future-of-investing-the-rise-of-the-shareholders-1404765274

11. G. Scott Hubbard on the Future of Space Exploration; The Former NASA Official Says to Get Ready for Bioengineering, Teleportation and a New Home on Mars

http://online.wsj.com/articles/g-scott-hubbard-on-the-future-of-space-exploration-1404765170

12. Kasim Reed on the Future of Cities as Global Leaders; As National Governments Struggle, the Atlanta Mayor Says, Cities Will Increasingly Be the Place Where Problems Get Solved

http://online.wsj.com/articles/kasim-reed-on-the-future-of-cities-as-global-leaders-1404764926

13. Bill Ford on the Future of Transportation: We Can’t Simply Sell More Cars; Ford’s Chairman Says We Must Rethink How We Make Vehicles-and How We Use Them

http://online.wsj.com/articles/bill-ford-on-the-future-of-transportation-we-cant-simply-sell-more-cars-1404763769

14. Margaret Spellings on the Future of Education; The Former Education Secretary Predicts Schools Will Evolve Into a Student-Driven System With No Grade Levels

http://online.wsj.com/articles/margaret-spellings-on-the-future-of-education-1404763892

TMT

1. Uber Launches War Against Yellow Cabs, Cuts New York Fares By 20% As Ali-Baba Launches Chinese Uber Competitor

http://www.zerohedge.com/news/2014-07-07/uber-launches-war-against-yellow-cabs-cuts-new-york-fares-20-ali-baba-launches-chine

2. Fireside chat with Google co-founders, Larry Page and Sergey Brin

http://www.khoslaventures.com/fireside-chat-with-google-co-founders-larry-page-and-sergey-brin

3. Tim Cook’s Recasting of Apple Is in Full Bloom; CEO Pushes Executives to Be More Collaborative, Broaden Its Legendary Laser Focus

http://online.wsj.com/articles/tim-cooks-apple-takes-shape-1404757939?mod=LS1

4. Critics Fault Court’s Grip on Appeals for Patents; More than 30 years ago, Congress granted a single court the power to hear nearly all the nation’s patent appeals

http://online.wsj.com/articles/critics-fault-courts-grip-on-appeals-for-patents-1404688219?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304642804580013122866879434.html

5. JPMorgan, Danske among Funds Exposed to Gowex Accounting Fraud

http://www.accountingtoday.com/news/accounting_news/jpmorgan-danske-funds-exposed-gowex-accounting-fraud-71232-1.html

6. 3D printing confronts the everyday world: Fixing broken appliances is no longer a case of forking out for expensive labour and parts, if you have a 3D printer

http://www.theage.com.au/digital-life/digital-life-news/3d-printing-confronts-the-everyday-world-20140703-zsdad.html.html

7. How An E-Commerce Startup Is Reinventing the Wedding Registry

http://www.fastcompany.com/3032714/hit-the-ground-running/how-an-e-commerce-startup-is-reinventing-the-wedding-registry?partner=newsletter

8. Sarah Susanka Says the Home of the Future Will Be a Portal; The ‘Not So Big’ Author Says Tomorrow’s House Will Be a Place for Accessing the World Around Us

http://online.wsj.com/articles/sarah-susanka-says-the-home-of-the-future-will-be-a-portal-1404764842

9. Roy Price on the Future of Television: How TV Networks Will Evolve; The Director of Amazon Studios Says the Flow of Network Content May Be Customized for Individuals

http://online.wsj.com/articles/roy-price-on-the-future-of-television-how-tv-networks-will-evolve-1404764176

Consumer

1. Wal-Mart Looks to Grow by Embracing Smaller Stores; Retailer Tries New Business Models as Its Superstores Fall Out of Favor

http://online.wsj.com/articles/wal-mart-looks-to-grow-by-embracing-smaller-stores-1404787817

2. Crumbs Bake Shop Closing Its Doors; Cupcake Chain Throws in the Towel, a Week After Nasdaq Suspension, Which Triggered Default

http://online.wsj.com/articles/sticky-time-for-crumbs-bake-shop-1404770884

Energy

1. North Dakota Fracking: Behind the Oil-Train Explosions; Volatile Gases Aren’t Removed From Bakken Shale Crude; ‘The Regulations Are Silent’

http://online.wsj.com/articles/north-dakota-fracking-behind-the-oil-train-explosions-1404761720

2. Daniel Yergin on the Future of Energy: Big Gains for Coal and Natural Gas; The Energy Expert Says Change Comes Slowly to the Industry

http://online.wsj.com/articles/daniel-yergin-on-the-future-of-energy-big-gains-for-coal-and-natural-gas-1404764096

Evening Bamboo Insight: 08/07/2014

Evening Bamboo Insight: 08/07/2014

Macro

1. Inside One of the U.S.’s Biggest-Ever Investment-Fraud Stings; FBI’s Operation Pennypincher Targets Murky World of Penny Stocks, a Haven ‘Rife With Fraud’

http://online.wsj.com/articles/inside-one-of-the-u-s-s-biggest-ever-investment-fraud-stings-1404700281

2. Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar

http://www.bloomberg.com/news/print/2014-07-06/bond-anxiety-grows-in-1-6-trillion-repo-market-as-failures-soar.html

3. Blackrock: The $4.3 trillion force; Larry Fink has spent 26 years building BlackRock into the manager of the most assets on the planet. Now he’s finding that size (and power) can be a mixed blessing

http://fortune.com/2014/07/07/blackrock-larry-fink/

4. Looking for short seller abuse

http://ftalphaville.ft.com/2014/07/07/1894082/looking-for-short-seller-abuse/

5. (Macro) – In Home Loans, Subprime Fades as a Dirty Word

http://www.nytimes.com/2014/06/29/business/in-home-loans-subprime-fades-as-a-dirty-word.html

Asia Pacific

1. (Japan/Consumer) – Calbee jumps on breakfast boom

http://www.japantimes.co.jp/news/2014/07/05/business/corporate-business/calbee-jumps-breakfast-boom/#.U7oFhPmSxqU

2. (Japan) – Japan Pins Hopes on Floating Trains; Government Sees Magnetic-Levitation Rail System Spurring Country’s Technological Rebirth

http://online.wsj.com/articles/japan-pins-hopes-on-floating-trains-1404674144?mod=WSJ_hpp_sections_business

3. (Korea) – Ex bureaucrats take up half of Dongbu’s outside board directors

http://news.mk.co.kr/english/newsRead.php?sc=30800004&cm=Company&year=2014&no=965069&selFlag=sc&relatedcode=&wonNo=&sID=308

4. (Korea) – 6 lessons Korea can teach the world

http://www.koreatimes.co.kr/www/news/opinon/2014/07/162_160476.html

5. (Korea/Tech) – After beating Google in Korea, Naver’s billionaire Lee Hae-jin tries to take on Google abroad

http://www.thestar.com.my/Business/Business-News/2014/07/07/After-beating-Google-Koreas-Naver-goes-global-with-messaging-app-Line/

6. (Korea) – Koreans slim down weddings amid economic woes, but social norms bite

http://www.koreatimes.co.kr/www/news/nation/2014/07/511_160519.html

7. More rice missing from storage or in poor condition in Thailand

http://news.asiaone.com/print/news/asia/more-rice-missing-storage-thailand

8. (China/Tech) – China’s Alibaba And Tencent Gobbling Up Everything In Sight

http://www.forbes.com/sites/gordonchang/2014/07/06/chinas-alibaba-and-tencent-gobbling-up-everything-in-sight/print/

9. (China/Tech) – Alibaba-Backed Kuaidi Challenges Uber in China With BMWs

http://www.bloomberg.com/news/print/2014-07-06/alibaba-backed-kuaidi-challenges-uber-in-china-with-bmws.html

10. (Korea/Tech) – Samsung Electronics faces falling profits as succession looms

http://www.reuters.com/article/2014/07/06/us-samsung-elec-guidance-preview-idUSKBN0FB0Y820140706

11. (China) – U.S. companies feel a chill in China, even as many still rake in profits

http://www.washingtonpost.com/world/us-companies-feel-a-colder-wind-in-china-even-as-many-still-rake-in-profits/2014/07/03/dcbfa233-ee13-4e67-b791-3b3e38bca890_story.html

12. (China) – Xi’s Anti-Corruption Campaign Signals Power Play for 2017

http://www.bloomberg.com/news/print/2014-07-03/corruption-crackdown-helps-xi-position-to-shape-future-leaders.html

13. (China) – New Offices Reflect Growth of China’s Busy Anticorruption Agency

http://mobile.nytimes.com/blogs/sinosphere/2014/07/04/new-offices-reflect-growth-of-busy-anticorruption-agency/

14. (China) – Chinese Tycoon Guo Copying Buffett Rises From Bread to Club Med

http://www.bloomberg.com/news/print/2014-07-06/chinese-tycoon-guo-copying-buffett-rises-from-bread-to-club-med.html

15. (China) – China’s top graft-buster says no off limits in probes

http://www.reuters.com/article/2014/07/05/us-china-corruption-idUSKBN0FA06D20140705

16. (China) – China takes on ‘rat traders’ in stock market insider trading probe

http://www.ft.com/cms/s/0/47177632-05ae-11e4-8b94-00144feab7de.html#axzz36nVf4HMp

Life

1. Fine Perfumes of the Animal World; We are by no means the only species trying to smell like anything but ourselves

http://opinionator.blogs.nytimes.com/2014/07/05/fine-perfumes-of-the-animal-world/?_php=true&_type=blogs&ref=opinion&_r=0

2. Build on Your Strengths Instead of Focusing on Flaws

http://www.nytimes.com/2014/07/07/business/international/philips-harjit-gill-global-manger-asia-pacific.html?ref=business

3. A nose for crime: counterfeit wines

http://www.ft.com/intl/cms/s/2/6e8e66d8-8829-11e3-8afa-00144feab7de.html#axzz36kjIuDSw

4. How To Be Resilient: 8 Steps To Success When Life Gets Hard

http://www.bakadesuyo.com/2014/07/how-to-be-resilient/

5. To Lead, You Must Focus

http://hbr.org/2014/06/to-lead-you-must-focus/ar/1

6. The holes in holacracy: The latest big idea in management deserves some scepticism

http://www.economist.com/news/business/21606267-latest-big-idea-management-deserves-some-scepticism-holes-holacracy

7. Make Your Marketing Content Useful

http://blogs.hbr.org/2014/07/make-your-marketing-content-useful/

8. In an inspiring rags to riches story, a Malaysian-born street vendor who once lived a life of poverty is now set to open a 15,000 square foot restaurant in Twitter’s headquarters at San Francisco’s Bay Area

http://www.chinapost.com.tw/print/411778.htm

9. How To Start In Value Investing (Children’s Edition)

http://www.valuewalk.com/2014/07/start-value-investing/

10. Christopher Nassetta: The man who turned around Hilton; How the CEO saved one of private equity’s most expensive deals

http://www.washingtonpost.com/business/capitalbusiness/christopher-nassetta-the-man-who-turned-around-hilton/2014/07/03/43071478-fd5a-11e3-932c-0a55b81f48ce_story.html?wpisrc=nl_headlines

11. How Resilient People Stand Back Up When Life Knocks Them Down

http://www.fastcompany.com/3032669/work-smart/how-resilient-people-stand-back-up-when-life-knocks-them-down?partner=newsletter

12. Look East For Management Innovation

http://www.forbes.com/sites/ceibs/2014/07/02/look-east-for-management-innovation/print/

13. Jay Gould: Flush with success as America’s toilet CEO

http://fortune.com/2014/07/07/jay-gould-american-standard-toilets/

14. The secretive billionaire who built Silicon Valley

http://fortune.com/2014/07/07/arrillaga-silicon-valley/

TMT

1. (Australia/Tech) – Wotif hits its use by date as big players dominate

http://www.theage.com.au/business/comment-and-analysis/wotif-hits-its-use-by-date-as-big-players-dominate-20140707-zsyq9.html

http://online.wsj.com/articles/expedia-bids-for-australias-wotif-1404702168

2. The long tail weapon of your e-commerce store

http://e27.co/the-long-tail-weapon-of-your-e-commerce-store-20140702/

3. G.M. OnStar Data Has Potential as Safety Tool

http://www.nytimes.com/2014/07/07/business/gm-data-has-potential-as-safety-tool.html?ref=business&_r=0

4. Google Co-Founders Talk Regulation, Innovation, And More In Fireside Chat With Vinod Khosla

http://techcrunch.com/2014/07/06/google-co-founders-talk-long-term-innovation-making-big-bets-and-more-in-fireside-chat-with-vinod-khosla/

5. How the music streaming battle is now pitting tech giants Apple, Google against upstarts

http://business.financialpost.com/2014/07/05/how-the-music-streaming-battle-is-now-pitting-tech-giants-apple-google-against-upstarts/?__lsa=7202-e069

6. Is Silicon Valley Funding the Wrong Stuff?

http://online.wsj.com/articles/is-silicon-valley-investing-in-the-wrong-stuff-1404688048

7. (China/Tech) – China’s Alibaba And Tencent Gobbling Up Everything In Sight

http://www.forbes.com/sites/gordonchang/2014/07/06/chinas-alibaba-and-tencent-gobbling-up-everything-in-sight/print/

8. BlaBlaCar: Sharing à la française; A French startup is the sharing economy’s newest star

http://www.economist.com/news/business/21606273-french-startup-sharing-economys-newest-star-sharing-la-fran-aise

9. A New Media Landscape in Sun Valley; Sun Valley Gathering Brings Together Cable, Content and Tech Bigwigs

http://online.wsj.com/articles/changes-in-media-landscape-to-dominate-conference-in-idaho-1404675325

10. Steve Jobs to Larry Page: ‘You guys are doing too much’; Larry Page to Apple: “It sounds stupid if you have this big company and you can only do, like, five things.”

http://fortune.com/2014/07/07/steve-jobs-to-larry-page-you-guys-are-doing-too-much/

Health

1. How to fix a broken market in antibiotics

http://www.reuters.com/article/2014/07/06/us-health-antibiotics-insight-idUSKBN0FB0A220140706

Consumer

1. The dedicated followers of fast fashion: Spain’s most successful fashion retailer, Inditex/Zara, has two ambitious local rivals snapping at its heels

http://www.economist.com/news/business/21606277-spains-most-successful-fashion-retailer-inditex-has-two-ambitious-local-rivals-snapping-its

2. Japanese drink up RTD cocktails; Diageo Korea ramps up Icheon production for low-alcohol exports

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991628

3. In discounter war, will Aldi’s Coke rush fall flat?

http://www.reuters.com/article/2014/07/07/us-germany-aldi-coke-insight-idUSKBN0FC0S220140707

4. Tupperware’s Party Goes World-Wide; Food-Storage Container Maker Derives 60% of Revenue From Emerging Markets; Indonesia leads the way

http://online.wsj.com/articles/tupperwares-party-goes-world-wide-1404671141?mod=yahoo_hs

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

Evening Bamboo Insight: 09/07/2014

Evening Bamboo Insight: 09/07/2014

Macro

1. Let’s unleash the economic might of Britain’s regions; Every part of this country is building a strategy for growth

http://www.telegraph.co.uk/finance/newsbysector/industry/10948094/Lets-unleash-the-economic-might-of-Britains-regions.html

2. Three’s a crowd: The instability that stems from trilemmas

http://www.economist.com/news/finance-and-economics/21606328-instability-stems-trilemmas-threes-crowd

3. The global monetary system: Not floating, but flailing; After 150 years of monetary experimentation, the world remains unsure how to organise global finance

http://www.economist.com/news/finance-and-economics/21606322-after-150-years-monetary-experimentation-world-remains-unsure-how

4. Bulgarian banks: Digital rumours; What caused the run on two of Bulgaria’s largest banks?

http://www.economist.com/news/finance-and-economics/21606323-what-caused-run-two-bulgarias-largest-banks-digital-rumours

5. The Luis Suárez of international finance: Argentina’s debt stand-off reflects a teenage attitude that rules are there to be broken

http://www.economist.com/news/americas/21606268-argentinas-debt-stand-reflects-teenage-attitude-rules-are-there-be-broken-luis

6. Mexico’s reforms: Foreigners enthuse over Enrique Peña Nieto’s reforms. Mexicans are warier

http://www.economist.com/news/americas/21606269-foreigners-enthuse-over-enrique-pe-nietos-reforms-mexicans-are-warier-power-and

7. The struggle to avoid divorce between Britain and the European Union

http://www.economist.com/news/europe/21606282-struggle-avoid-divorce-between-britain-and-european-union-loosening-union

8. The Bretton Woods agreements: The 70-year itch; Both the West and China are neglecting the institutions that help keep the world economy upright

http://www.economist.com/news/leaders/21606280-both-west-and-china-are-neglecting-institutions-help-keep-world-economy

Asia Pacific

1. (Isia) – In Closing Debate, Joko Promises Bureaucratic ‘Breakthrough’, While Prabowo Strives for ‘A Dignified Nation’; Confident Joko Shows True Colors in Final Presidential Debate

http://www.thejakartaglobe.com/news/closing-debate-joko-promises-bureaucratic-breakthrough-prabowo-strives-dignified-nation/

http://www.thejakartaglobe.com/news/confident-joko-shows-true-colors-final-presidential-debate/

http://www.thejakartaglobe.com/news/exploring-candidates-plans-economy/

http://www.thejakartaglobe.com/news/kalla-hatta-question-good-one-misguided/

2. (China) – Investment craze for China’s Dairy Farms

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140705000079&cid=1202

3. (China) – Su Zhijun, grandson of PLA general Su Yu

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140702000013&cid=1601

4. (China) – State-owned Chinese food processing companies are suspected of raking in massive profits from importing genetically modified corn from the United States

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140705000114&cid=1102

5. (Taiwan) – Taiwan’s foreign exchange reserves hit a new high of US$423.5 billion by the end of June

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140705000102&cid=1203

6. (Korea/Tech) – S Korea to break away from Windows by 2020

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140705000115

7. When Teflon wears off: The economy cannot shrug off Thailand’s political problems

http://www.economist.com/news/finance-and-economics/21606327-economy-cannot-shrug-thailands-political-problems-when-teflon-wears

8. Waiting for the Modi mojo: In its first budget, the government must fix public finances and offer reforms

http://www.economist.com/news/asia/21606337-its-first-budget-government-must-fix-public-finances-and-offer-reforms-waiting-modi

9. (Isia) – Indonesia’s presidential election: Competing visions; A political naif represents a more hopeful future for Indonesia than a Suharto-era soldier

http://www.economist.com/news/leaders/21606285-political-naif-represents-more-hopeful-future-indonesia-suharto-era

Life

1. This Fourth Of July, Stop To Thank Chinese Alchemists

http://www.forbes.com/sites/alexknapp/2014/07/04/this-fourth-of-july-stop-to-thank-chinese-alchemists/print/

2. Citizen Bezos

http://www.nybooks.com/articles/archives/2014/jul/10/citizen-bezos-amazon/

3. Lessons Sports Direct investors could learn from the plight of Morrisons; Sir Ken Morrison and Mike Ashley of Sports Direct have a lot in common, including their attitude to corporate governance. And look at what happened to Morrisons

http://www.theguardian.com/business/2014/jul/06/sports-direct-lesson-morrisons

4. How Poundland’s Jim McCarthy helped changed the rag tag image of pound shops; The Poundland chief executive has transformed the business, but it was family illness that first brought him to the retailer

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10948040/How-Poundlands-Jim-McCarthy-helped-changed-the-rag-tag-image-of-pound-shops.html

5. Donors Give More When They Have a Sense of Belonging

http://www.nytimes.com/2014/07/06/upshot/donors-give-more-when-they-have-a-sense-of-belonging.html?ref=business&_r=0

6. At Zingerman’s, Pastrami and Partnership to Go; From its beginnings in Ann Arbor, Mich., a deli has grown into a circle of businesses, all celebrating employee involvement

http://www.nytimes.com/2014/07/06/business/at-zingermans-pastrami-and-partnership-to-go.html?ref=business

7. Many Founding Fathers Were Shockingly Young When The Declaration Of Independence Was Signed In 1776

http://www.businessinsider.sg/age-of-founding-fathers-on-july-4-1776-2014-7/#.U7iw0vmSxqU

8. Textbook cases, Chapter 10; In which democracies join in East Asia’s history wars

http://www.economist.com/news/asia/21606332-which-democracies-join-east-asias-history-wars-textbook-cases-chapter-10

9. German schools: The Gymnasium revolt; Parents fret over how long children should stay in school

http://www.economist.com/news/europe/21606298-parents-fret-over-how-long-children-should-stay-school-gymnasium-revolt

TMT

1. (Korea/Tech) – S Korea to break away from Windows by 2020

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140705000115

2. Free Video Games Say Pay Up or Wait, Testing Players’ Patience; Free-to-download mobile games have become a lucrative business, but aggressive appeals for in-app purchases are turning off some players

http://www.nytimes.com/2014/07/06/technology/free-video-games-say-pay-up-or-wait-testing-players-patience.html?ref=business

3. Emerging TV Markets Are Going To Crush European TV Markets

http://www.businessinsider.sg/emerging-tv-markets-beau-european-tv-markets-2014-7/

4. The World’s Languages Have A Significant Bias Towards Happiness

http://www.businessinsider.sg/word-happiness-study-2014-6/#.U7iw5fmSxqU

5. Tethered by history: The failures of the Arab spring were a long time in the making

http://www.economist.com/news/briefing/21606286-failures-arab-spring-were-long-time-making-tethered-history

Consumer

1. Sports Direct: How Britain’s biggest sports retailer flourished during the recession

http://www.economist.com/news/britain/21606299-how-britains-biggest-sports-retailer-flourished-during-recession-game-set-match

Morning Bamboo Insight: 07/07/2014

Morning Bamboo Insight: 07/07/2014

Macro

1. The illusion of ‘low-risk’ government bonds

http://www.ft.com/intl/cms/s/0/650e1914-0362-11e4-817f-00144feab7de.html#axzz36YnvLwtv

2. Lords to grill accountancy watchdog on ‘going concern’ rules

http://www.ft.com/intl/cms/s/0/ba2edcb2-0399-11e4-817f-00144feab7de.html#axzz36YnvLwtv

3. Fed must not linger too long on QE exit; The end of easy money will hit bond markets hard if not timed right

http://www.ft.com/cms/s/0/abaedfd4-02bd-11e4-8c28-00144feab7de.html#axzz36ZAEXS6J

4. Win or Lose, It’s Where the Game Is Played That Matters in Britain; From sports to commerce, Britain embraces “Wimbledonization,” the idea that no matter the outcome, it is much better to have all the players on its home turf

http://dealbook.nytimes.com/2014/07/04/win-or-lose-its-where-the-game-is-played-that-matters-in-britain/?ref=business

5. Paying Employees to Stay, Not to Go; Restaurants like Shake Shack and Boloco that offer their employees above-average pay say they have lower turnover and better customer service

http://www.nytimes.com/2014/07/05/business/economy/boloco-and-shake-shack-offer-above-average-pay.html?ref=economy

Asia Pacific

1. (Korea/Taiwan) – South Korea’s FTA push threatens Taiwan’s global market

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140704000073&cid=1701

2. (Korea) – Mid-to-large-size newly built apartments in the Seoul metropolitan area are being sold at a steep discount after sitting idle for a long time

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=958887&selFlag=sc&relatedcode=&wonNo=&sID=308

3. (Japan) – The world’s largest vegetable factory to make use of LED has been built in one of the cities damaged by the 2011 Great East Japan Earthquake and tsunami

http://www.japantimes.co.jp/news/2014/07/03/business/corporate-business/largest-led-veggie-factory-built-quake-hit-city/#.U7Z0GPmSxqU

4. (Taiwan/Tech) – Taiwanese company amazes world with dynamic flight theater

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20140629000101

5. (Taiwan) – New tax reforms in Taiwan target income from property sales

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140703000090

6. (Spore) – Singaporeans air views on PM at Speakers’ Corner

http://www.ft.com/intl/cms/s/0/458c0ee8-032b-11e4-81b1-00144feab7de.html#axzz36YnvLwtv

7. (Isia) – On Election’s Eve, Indonesia Economy Faces Crossroads; As Boom Times End, Next President Faces Choice on How to Change Gears, Avoid Resource ‘Trap’

http://online.wsj.com/articles/indonesia-at-economic-crossroads-1404373683

http://online.wsj.com/articles/indonesia-presidential-candidates-trade-barbs-in-final-debate-1404591162?mod=wsj_india_main

http://online.wsj.com/articles/two-men-battle-for-indonesia-1404558677

8. (Isia) – Indonesia Risks Suharto-Era Return as Prabowo Rises

http://www.thejakartaglobe.com/news/indonesia-risks-suharto-era-rerun-prabowo-rises/

Life

1. The Secret of Effective Motivation: Encourage people to do something for its own sake, not for its benefits

http://www.nytimes.com/2014/07/06/opinion/sunday/the-secret-of-effective-motivation.html?ref=opinion

2. How to Redraw the World Map; What parts of the world should rethink their maps? Why and how?

http://www.nytimes.com/roomfordebate/2014/07/03/where-do-borders-need-to-be-redrawn?ref=opinion

3. This May Be The Biggest Problem With America’s ‘Common Core’ Education Standards

http://www.businessinsider.sg/heres-the-biggest-problem-with-common-core-2014-7/#.U7eJ_fmSxqU

4. Inspiring Quotes On Life, Liberty, And The Pursuit Of Happiness From Every US President

http://www.businessinsider.sg/best-inspirational-quotes-from-us-presidents-2014-7/#.U7eKlvmSxqU

5. Honesty a rare commodity

http://www.thestar.com.my/Opinion/Columnists/Sunday-Starters/Profile/Articles/2014/07/06/Honesty-a-rare-commodity/

TMT

1. VMware Declares That Windows Reign ‘Is Coming To An End’ . And The Mac Is Taking Over

http://www.businessinsider.sg/vmware-windows-is-coming-to-an-end-2014-7/#.U7eKFfmSxqU

2. Israeli High Tech Gets Aggressive

http://techcrunch.com/2014/07/05/israeli-high-tech-gets-aggressive/

3. Zuora’s Journey To Managing The Subscription Economy

Morning Bamboo Insight: 06/07/2014

Morning Bamboo Insight: 06/07/2014

Macro

1. Largest Austrian Bank Crashes After “Revealing” 40% Surge In Bad Debt Provisions, Record Loss

http://www.zerohedge.com/news/2014-07-04/stock-largest-austrian-bank-crashes-after-revealing-40-surge-bad-debt-provisions-rec

2. Workers are cutting back on the stock of their own companies; Berkshire Hathaway and other firms are limiting workers from putting all their eggs in one basket

http://online.wsj.com/articles/are-you-stuck-on-your-companys-stock-1404489182

3. Do hedge funds deserve the fees? Mostly not, according to Bernard Sabrier, chairman of Unigestion, a Geneva-based fund management firm with US$15.5 billion of AUM

http://www.businesstimes.com.sg/premium/wealth/others/do-hedge-funds-deserve-fees-20140705

4. David Winters on Asia, the Consumer, and Coca-Cola

http://online.barrons.com/news/articles/SB50001424053111904544004579651002373143572

5. How this Michigan landfill is turning Canada’s nasty trash into treasure

http://business.financialpost.com/2014/07/04/how-this-michigan-landfill-is-turning-canadas-nasty-trash-into-treasure/

Asia Pacific

1. (HK/China) – China’s Communist Party mouthpiece dismisses fears of erosion of HK autonomy

http://www.todayonline.com/print/646441

2. (Thai) – Thai junta compares its intervention to Myanmar’s 1988 crackdown

http://uk.reuters.com/article/2014/07/04/uk-thailand-politics-idUKKBN0F90VH20140704

3. (China) – The “Miracle” Of China’s PMI Resurrection In 1 Uncomfortable Chart

http://www.zerohedge.com/news/2014-07-04/miracle-chinas-pmi-resurrection-1-uncomfortable-chart

4. (Isia) – Indonesia’s President Endorses Subianto as Next Leader; Yudhoyono Made Unusual Joint Appearance on Live TV to Deliver Endorsement

http://online.wsj.com/articles/indonesias-president-endorses-subianto-as-next-leader-1404491348

5. (Isia) – Indonesian presidential hopeful Joko Widodo plans to allow foreign investment in apartments to boost tax revenue, a move that could spur demand for property in the country’s luxury market

http://www.bloomberg.com/news/print/2014-07-04/jokowi-to-let-foreigners-buy-indonesia-property-in-bid-for-taxes.html

6. (Msia) – Datuk Lim Kuang Sia, who founded Kossan Rubber Industries Bhd some 35 years ago, isn’t a fan of how “glut” has been used to describe the rubber glove sector

http://www.thestar.com.my/Business/Business-News/2014/07/05/Kossan-looks-past-oversupply-fears-Rubber-glove-maker-to-grow-capacity-to-35-billion-pieces-by-20/

7. Tan Sri Robert Tan Hua Choon, once dubbed the “the Casio King” for being the only distributor of the brand’s watches and calculators, just keeps unlocking the value of his companies

http://www.thestar.com.my/Business/Business-News/2014/07/05/Tans-assetunlocking-trail-The-rationale-for-the-latest-exercise-is-to-turn-GBH-into-an-OG-services/

8. (Isia) – Ministry to crack down on nepotism in Indonesian state companies

http://www.thejakartapost.com/news/2014/07/04/ministry-crack-down-nepotism-state-companies.html

9. (Asia) – Asia at ‘critical point’ due to splintering ties: Tommy Koh

http://www.channelnewsasia.com/news/singapore/asia-at-critical-point/1234450.html#

10. (Philippines) – 90-Year-Old Senator Juan Ponce Enrile, one of the Philippines’ most powerful politicians, was arrested on Friday over a massive corruption scandal that has shocked the country

http://www.thejakartaglobe.com/international/philippine-senator-arrested-massive-graft-scandal

11. (China) – Admiral Zheng He is everywhere in China these days, even though he died almost 600 years ago. The government is promoting him to remind its people – and Asia – that China’s destiny is to be a great naval power.

http://www.thejakartaglobe.com/international/china-seeks-great-power-status-centuries-sea-retreat

12. (Isia) – As Indonesians Prepare to Vote, Analysts Consider Post-Election Conflicts

http://www.thejakartaglobe.com/news/indonesians-prepare-vote-analysts-consider-post-election-conflicts/

13. (Australia) – Aussie aquaculture industry hopes to cash in on world demand for fish

http://www.smh.com.au/business/aquaculture-industry-hopes-to-cash-in-on-world-demand-for-fish-20140704-3bdqf.html#ixzz36YWwnyBC

14. (HK) – Hong Kong: Change in the air; As Beijing seeks to ‘clarify’ the level of autonomy in the former British colony, a mood of rebellion is growing

http://www.ft.com/intl/cms/s/0/65c1233c-035e-11e4-9195-00144feab7de.html#axzz36YnvLwtv

Life

1. Today’s Titans Can Learn From Fall of U.S. Steel; A once-powerful corporation has been dropped from the S&P 500-stock index, but the fact that it’s down may not mean that it’s out

http://www.nytimes.com/2014/07/04/business/todays-titans-can-learn-from-fall-of-us-steel.html?ref=business&_r=0

2. Best Of Carol Loomis: 1966-2012

http://www.valuewalk.com/2014/07/carol-loomis

3. 5 Startup Lessons From America’s First Cofounders; The United States was built on an entrepreneurial spirit. Here’s how the country’s first leaders paved the way for modern-day entrepreneurs

http://www.fastcompany.com/3032589/hit-the-ground-running/5-startup-lessons-from-americas-first-cofounders?partner=newsletter

4. ‘Yanks’: The Journey of a Word to Disrespect the Dutch

http://online.wsj.com/articles/yanks-the-journey-of-a-word-to-disrespect-the-dutch-1404418848

5. Imelda Marcos, the flamboyant wife of deposed Philippines dictator, Ferdinand Marcos, celebrated her 85th birthday with diamonds and ‘shoe’ cake

http://news.asiaone.com/print/news/plush/imelda-marcos-celebrates-85th-birthday-diamonds-and-shoe-cake

6. Nine HR Policies That Drive Good People Away

http://www.forbes.com/sites/lizryan/2014/07/04/nine-hr-policies-that-drive-good-people-away/print/

TMT

1. Smartphones allow do-it-yourself stress hormone tests

http://www.thestar.com.my/Business/Business-News/2014/07/05/Smartphones-allow-doityourself-stress-hormone-tests/

2. The Government Once Built Silicon Valley

http://techcrunch.com/2014/07/04/the-government-once-built-silicon-valley/

3. Design locally, print globally: 3-D printing market set to skyrocket

http://business.financialpost.com/2014/06/26/design-locally-print-globally-3-d-printing-market-set-to-skyrocket/?__lsa=502c-a34d

Health

1. A malfunction that spawns Frankenstein bugs; Overused drugs do not work, but unused drugs do not pay

http://www.ft.com/intl/cms/s/0/c2685762-02b0-11e4-a68d-00144feab7de.html#axzz36YnvLwtv

Investing Process

1. What Philip Fisher avoided

http://www.capitalideasonline.com/articles/index.php?id=4686

Energy

1. U.S. overtakes Saudi Arabia, Russia to become world’s biggest oil producer: report

http://business.financialpost.com/2014/07/04/u-s-overtakes-saudi-arabia-russia-to-become-worlds-biggest-oil-producer-report/?__lsa=502c-a34d

Morning Bamboo Insight: 05/07/2014

Morning Bamboo Insight: 05/07/2014

Macro

1. How Memphis Firm Decoded Bond Secrets Mystifying Wall Street

http://www.bloomberg.com/news/print/2014-06-29/how-a-memphis-firm-decoded-bond-secrets-mystifying-wall-street.html

2. General Electric: A hard act to follow; It has taken GE’s boss, Jeffrey Immelt, 13 years to escape the legacy of his predecessor, Jack Welch, and to steer the industrial colossus in a new direction

http://www.economist.com/news/business/21605916-it-has-taken-ges-boss-jeffrey-immelt-13-years-escape-legacy-his-predecessor-jack

3. Finding bargains will be tough after QE; The approach to asset management will have to change

http://www.ft.com/cms/s/0/2c511eae-fbbb-11e3-9a03-00144feab7de.html#axzz36OChQZk6

4. Byron Wien on “New Industrial Revolution”; The Wall St. pro shares the latest views of a mentor who sees a new breed of innovators emerging.

http://online.barrons.com/news/articles/SB50001424053111904248904580005073897702184

5. France has signalled it is ready to sell some of the state’s €100bn corporate shareholdings in companies to help pay down debt and invest in areas such as energy and housing

http://www.ft.com/intl/cms/s/0/20c7f470-02a7-11e4-8c28-00144feab7de.html

6. Dodging bullets while investing in Africa; Investors chasing high returns are ready to overlook real danger, weak governance and poor infrastructure

http://www.ft.com/intl/cms/s/0/92198762-fe0e-11e3-acf8-00144feab7de.html#axzz36UlqbFpS

7. Inside Monsanto, America’s Third-Most-Hated Company

http://www.businessweek.com/articles/2014-07-03/gmo-factory-monsantos-high-tech-plans-to-feed-the-world

8. Beware Investment’s Theory of Relativity

http://online.wsj.com/articles/heard-on-the-street-beware-investments-theory-of-relativity-1404406366

9. It’s time to bring GAAP into the 21st century

http://www.accountingtoday.com/ato_issues/28_07/poop-its-time-to-bring-gaap-into-the-21st-century-71191-1.html?zkPrintable=true

Asia Pacific

1. (Korea) – Campaign against ‘Gwanfia’ hits snag; President Park Geun-hye is showing firm resolve to root out the “Gwanfia,” or the practice of former high ranking officials taking top posts in the private sector

http://www.koreatimes.co.kr/www/news/biz/2014/07/488_160268.html

2. (Japan) – Squeaking By on Abenomics; Japan may survive-barely-the consumption-tax hike, but it won’t thrive without a bolder reform package

http://online.wsj.com/articles/squeaking-by-on-abenomics-1404320101

3. (HK) – Hong Kong financiers join in fight for democracy

http://www.chinapost.com.tw/print/411535.htm

4. Indonesia’s elite are rallying around former general and self-styled strongman Prabowo Subianto as he makes a final push to defeat Joko Widodo, the reformist Jakarta governor, in Wednesday’s presidential election

http://www.ft.com/intl/cms/s/0/d844e1f2-02ad-11e4-8c28-00144feab7de.html#axzz36UlqbFpS

5. Indonesia’s Election Has Investors on Edge; Investors pumped $6 billion into Indonesia this year, hoping a maverick will become president

http://www.businessweek.com/printer/articles/211275-indonesias-election-has-investors-on-edge

6. (Spore/Isia) – Singapore to Stop Issuing Bill Used in Indonesia Graft

http://www.thejakartaglobe.com/news/singapore-stop-issuing-bill-used-indonesia-graft/

7. (Thai) – Thai Central Bank Chief Says Independence Key to its Credibility; speculation over whether Thai junta would enlist the country’s central bank into their campaign to boost the economy quickly spread

http://blogs.wsj.com/economics/2014/07/03/thai-central-bank-chief-says-independence-key-to-its-credibility/

8. Asian malls are kings of retail

http://www.nationmultimedia.com/business/Asian-malls-are-kings-of-retail-30237691.html

9. (China) – China Trust ‘Timebomb’ Ticks as Credit Suisse Sees Rejig

http://www.bloomberg.com/news/print/2014-07-03/china-trust-timebomb-ticks-as-credit-suisse-sees-rejig.html

10. (China) – China’s version of PayPal is mounting one of the biggest challenges to Chinese banks

http://qz.com/229909/alibaba-now-runs-the-fourth-largest-money-market-fund-in-the-world-and-maybe-the-biggest-challenge-to-chinese-banks

11. (China) – Lady boss who runs the largest import and export company in Yongkang in eastern China’s Zhejiang province has been arrested in Uganda and escorted back to China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140704000123&cid=1103

12. (China) – Look Elsewhere for Chinese Shoppers; Political Tensions Are Bad News for Hong Kong Retailers

http://online.wsj.com/articles/heard-on-the-street-look-elsewhere-for-chinese-shoppers-1404386975

13. (China) – Meet Decheng Mining: The Chinese Firm Which Rehypothecated Its Metal (At Least) Three Times

http://www.zerohedge.com/news/2014-07-03/meet-decheng-mining-chinese-firm-which-rehypothecated-its-metal-least-three-times

14. (China) – Piketty with Chinese Characteristics

http://www.project-syndicate.org/print/andrew-sheng-and-geng-xiao-apply-to-china-thomas-piketty-s-framework-for-understanding-the-country-s-rising-income-inequality

15. (China) – Chinese Developers Offer Home-Buyback Guarantees As Komatsu Warns Construction Is Slumping

http://www.zerohedge.com/news/2014-07-02/chinese-developers-offer-home-buyback-guarantees-komatsu-warns-construction-slumping

http://www.bloomberg.com/news/print/2014-07-01/china-developers-offer-buyback-guarantee-in-weakest-home-markets.html

http://www.bloomberg.com/news/print/2014-07-01/komatsu-ceo-flags-china-slump-as-mining-nears-bottom.html

16. (China) – Tale of abuse and revenge behind fall of China “tiger”

http://www.channelnewsasia.com/news/asiapacific/tale-of-abuse-and-revenge/1232164.html

17. Japan Tax Revenue at 6-Year High; Weaker Yen, Higher Shares Buoy Corporate Earnings, Capital Gains

http://online.wsj.com/articles/japan-tax-revenue-at-6-year-high-1404376164?mod=WSJ_LatestHeadlines

Life

1. 11 Characteristics Of Authentically Happy People; Happy people earn enough money to absorb unforeseen financial setbacks

http://www.businessinsider.sg/characteristics-of-authentically-happy-people-2014-7/#.U7aJPfmSxqU

2. A lesson from history – do not cling on to the past; Leaders must confront the world as it is, not as they know it

http://www.ft.com/intl/cms/s/0/4c3a0884-0138-11e4-a938-00144feab7de.html#axzz36UlqbFpS

3. 7 Hard Lessons Everyone Needs To Learn About Success

http://www.businessinsider.sg/hard-lessons-about-success-2014-7/#.U7aLDfmSxqU

4. Book Review: ‘Liberty’s Torch’ by Elizabeth Mitchell; It is a shame that a book about the Statue of Liberty tells you next to nothing about how it became the world’s most potent symbol of freedom

http://online.wsj.com/articles/book-review-libertys-torch-by-elizabeth-mitchell-1404342256

5. Book Review: ‘Elihu Yale’ by Diana Scarisbrick and Benjamin Zucker; Yale University bears the name of one of the world’s first super-managers, a child of the East India Co

http://online.wsj.com/articles/book-review-elihu-yale-by-diana-scarisbrick-and-benjamin-zucker-1404434537?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304120204580001090929266362.html

6. How To Become A Visionary Leader (Without Really Trying)

http://www.forbes.com/sites/augustturak/2014/07/01/how-to-become-a-visionary-leader-without-really-trying/print/

7. Business Secrets of the Trappist Monks: One CEO’s Quest for Meaning and Authenticity

http://www.amazon.com/Business-Secrets-Trappist-Monks-Authenticity/dp/0231160623/

8. New Study Destroys Malcolm Gladwell’s Famous ‘10,000 Hour Rule’

http://www.businessinsider.sg/new-study-destroys-malcolm-gladwells-10000-rule-2014-7/#.U7aKbfmSxqU

9. The Darkest Song From ‘The Lion King’ Was Based On A 1935 Nazi Propaganda Film

http://www.businessinsider.sg/the-lion-king-be-prepared-nazi-film-2014-6/#.U7aJ2fmSxqU

10. Lou Gehrig’s Famous Farewell Speech on July 4, 1939; “Iron Horse” Gehrig’s image endures, 75 years after ‘luckiest man’

http://www.usatoday.com/story/sports/mlb/2014/07/04/lou-gehrig-luckiest-man-speech-75th-anniversary-als/12207981/

11. What Made a Great Leader in 1776

http://blogs.hbr.org/2014/07/what-made-a-great-leader-in-1776/

TMT

1. (China/Tech) – After Rising to Dominance at Home, Alibaba Eyes E-Commerce Opportunities Abroad; E-commerce giant sees emerging markets like Russia and Southeast Asia as its next battleground

http://english.caixin.com/2014-07-04/100699682.html

2. Xiaomi shakes off its emulators who have tried to copy the business model

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140704000085&cid=1102

3. Kroger’s E-Commerce Buy Puts Grocery Chain Up Against Google

http://blogs.wsj.com/cio/2014/07/03/krogers-e-commerce-buy-puts-grocery-chain-up-against-google/

4. Maker of ‘Moshi Monsters’ Tries Social Network for Children; Mind Candy Founder Michael Acton Smith Believes PopJam Can Capture Untapped Subscriber Base

http://online.wsj.com/articles/maker-of-moshi-monsters-tries-social-network-for-kids-1404397941

Health

1. (China/Healthcare) – A growing trend of coronary-stenting overuse has emerged in China, with an ever-growing number of stents implanted with a lack of regulations to control the abuse

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140702000011&cid=1303

Consumer

1. Doritos Launches Bizarre ‘Roulette’ Edition Where Some Chips Are Insanely Hot

http://www.businessinsider.sg/doritos-releases-roulette-chips-2014-7/#.U7aKe_mSxqU

Investing Process

1. When To Sell A Stock? Lessons From The Greats

http://www.valuewalk.com/2014/07/sell-stock-lessons-greats/?utm_content=quick_link&utm_medium=email&utm_campaign=EMAIL_WEEKLY&utm_source=mailchimp

Evening Bamboo Insight – 04/07/2014

Evening Bamboo Insight – 04/07/2014

Macro

1. Can Sweden avert ‘Nordic Japan’ fate?

http://www.cnbc.com/id/101810641

Asia Pacific

1. (Australia/Commodities) – The launch of a new futures exchange in Australia is the latest sign that water is becoming a speculative commodity, just like crude oil

http://fortune.com/2014/06/25/water-futures-markets/

2. (Australia) – Multibillion-Dollar Bet on Australian Gambling Hits Snag

http://online.wsj.com/articles/multibillion-dollar-bet-on-australian-gambling-hits-snag-1404354094?mod=WSJ_LatestHeadlines

3. (Asean) – Growth in Asean: in the shadow of China

http://blogs.ft.com/beyond-brics/2014/07/02/growth-in-asean-in-the-shadow-of-china/

4. (China) – China M&A rulings create hot competition for antitrust lawyers

http://www.reuters.com/article/2014/07/02/us-china-competition-lawyers-idUSKBN0F72FI20140702

5. (China) – China gets tougher on SOE corruption

http://news.xinhuanet.com/english/china/2014-07/02/c_133455792.html

6. (China) – Secretive agency leads most intense anti-corruption effort in modern Chinese history

http://www.washingtonpost.com/world/asia_pacific/secretive-agency-leads-most-intense-anti-corruption-effort-in-modern-chinese-history/2014/07/02/48aff932-cf68-11e3-937f-d3026234b51c_story.html

7. (China/Consumer) – China’s Beer Drinkers Grab a Warm One as Coors Alters Can; Drinking cold liquids is widely seen as undesirable in China. Warmer beverages are considered healthier for digestion

http://www.bloomberg.com/news/print/2014-07-02/china-s-beer-drinkers-grab-a-warm-one-as-coors-alters-can.html

8. (China) – Chinese Bank Seizes Property After Company Defaults; Until Recently, Chinese Banks Typically Rolled Over Debts by Government-Backed Entities

http://online.wsj.com/articles/chinese-bank-seizes-property-after-company-defaults-1404381240?mod=asia_home

9. High Property Prices Drive New Zealand Immigration Debate; Smaller Parties Seek to Capitalize on Migrant Issue Ahead of Sept. 20 Election

http://online.wsj.com/articles/high-property-prices-drive-new-zealand-immigration-debate-1404366537

Life

1. How to Win By Doing Less; You might think successful investors are brilliant minds who calculate complicated things with precision. They rarely are. The best are more like baseball players, able to solve complicated problems by using simple rules

http://www.fool.com/investing/general/2014/07/02/how-to-win-by-doing-less.aspx

2. One Week, 3,000 Product Ideas; Quirky Inc., With Crowd-Sourced Advice, Is an Incubator for Inventions, Gadgets

http://online.wsj.com/articles/one-week-3-000-product-ideas-1404332942

3. The Renaissance We Need in Business Education

http://blogs.hbr.org/2014/07/the-renaissance-we-need-in-business-education/

4. B-Schools Take On the Family Business; New Programs Offer Classes in Succession Planning and Communication

http://online.wsj.com/articles/b-schools-take-on-the-family-business-1404327573?mod=WSJ_hpp_MIDDLENexttoWhatsNewsForth

TMT

1. Shares in Blinkx, the Aim-listed online video advertising company, lost half their value after profit warning, coming at a time of widespread concern about questionable practices in the online advertising industry.

http://www.ft.com/intl/cms/s/0/6a9c1bf2-01b3-11e4-bb71-00144feab7de.html#axzz36OChQZk6

Morning Bamboo Insight – 04/07/2014

Morning Bamboo Insight – 04/07/2014

Macro

1. The state as shareholder: Raison d’état; Other countries are selling off state-owned industries but France is trading up

http://www.economist.com/news/business/21605921-other-countries-are-selling-state-owned-industries-france-trading-up-raison-d-tat

2. More governance effort needed for group’s units

http://www.businesstimes.com.sg/premium/top-stories/more-governance-effort-needed-groups-units-20140703

3. The Failure of Macroeconomics; When models don’t yield the spending policies they want, some Keynesians abandon models-but not the spending

http://online.wsj.com/articles/john-cochrane-new-keynesian-macroeconomic-models-dont-support-more-stimulus-spending-1404342631?mod=Opinion_newsreel_2

4. Making Money With the Fed: Don’t Get Mad, Get Even

http://online.wsj.com/articles/heard-on-the-street-making-money-with-the-fed-dont-get-mad-get-even-1404330574

Asia Pacific

1. (Korea) – Campaign against ‘Gwanfia’ hits snag; President Park Geun-hye is showing firm resolve to root out the “Gwanfia,” or the practice of former high ranking officials taking top posts in the private sector

http://www.koreatimes.co.kr/www/news/biz/2014/07/488_160268.html

2. (Japan) – Japan’s brewers quench summer thirst with canned cocktails as beer sales slide

http://www.reuters.com/article/2014/07/02/us-japan-brewers-idUSKBN0F72FS20140702

3. (Indonesia) – What will Jokowi do?

http://country.eiu.com/article.aspx?articleid=331961817&Country=Indonesia&topic=Politics

4. (Indonesia) – Indonesia at Economic Crossroads; As Boom Times End, Next President Faces Choice for How to Change Gears, Avoid Resource ‘Trap’

http://online.wsj.com/articles/indonesia-at-economic-crossroads-1404373683

5. (China) – What do you do with millions of extra graduates? Rising joblessness among new university graduates in China and India is creating an army of educated unemployed that some fear could destabilise these huge economies

http://www.bbc.com/news/business-28062071?print=true

6. (China) – Foreign Banks See Exposure to China Port Qingdao Fraud Topping $500 Million

http://online.wsj.com/articles/foreign-banks-see-exposure-to-china-port-qingdao-topping-500-million-1404387558?tesla=y&mod=WSJASIA_hpp_sections_china&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304628604580006663038073570.html?mod=WSJASIA_hpp_sections_china

Life

1. Fraudsters in Demand as Speakers Amid White-Collar Crackdown

http://blogs.wsj.com/riskandcompliance/2014/07/02/fraudsters-in-demand-as-speakers-amid-white-collar-crackdown/

2. Hit me baby one more time: Napster’s founders demonstrate the challenges of entrepreneurial second acts

http://www.economist.com/news/business/21605917-napsters-founders-demonstrate-challenges-entrepreneurial-second-acts-hit-me-baby-one-more

3. Why the first world war wasn’t really; And how George Washington started the first world war

http://www.economist.com/blogs/economist-explains/2014/07/economist-explains

4. Disruptive innovation: Negative externalities

http://www.economist.com/blogs/democracyinamerica/2014/07/disruptive-innovation

TMT

1. Why More Start-Ups Are Sharing Ideas Without Legal Protection

http://www.nytimes.com/2014/07/03/business/smallbusiness/why-more-start-ups-are-sharing-ideas-without-getting-legal-protection.html?emc=edit_dlbkam_20140703&nl=business&nlid=36114517&ref=business&_r=0

2. At Google, there is no manual

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991498

3. GE’s First Quirky Device Isn’t Very Quirky; GE’Industrial Giant Says It’s Working With Crowdsourcing Startup to ‘Reinvent’ Appliances-But Not Leaving Much to Chance

http://online.wsj.com/articles/ges-first-quirky-device-isnt-very-quirky-1404323143

Evening Bamboo Insight: 03/07/2014

Evening Bamboo Insight: 03/07/2014

Macro

1. The New Casinos – Emerging Markets

http://www.thejakartaglobe.com/opinion/new-casinos-emerging-markets/

2. Obama Worst President Since World War II, More Say US Would Be Better Under Romney, Latest Poll Finds

http://www.zerohedge.com/news/2014-07-02/obama-worst-president-world-war-ii-more-say-us-would-be-better-under-romney-latest-p

3. World’s ATM Moves to Frankfurt as Yellen’s Fed Slows Cash

http://www.bloomberg.com/news/print/2014-07-02/world-s-atm-moves-to-frankfurt-as-yellen-s-fed-slows-cash.html

4. Something about contemporary art echoes pyramid schemes, writes Godfrey Barker

http://www.ft.com/intl/cms/s/0/ddfb22e6-0109-11e4-a938-00144feab7de.html#axzz36KOyVeBt

5. Macau overtakes Switzerland in income tables; Buoyant gambling pushes per-capita GDP past $91,000

http://www.ft.com/intl/cms/s/0/df9039ec-01aa-11e4-bb71-00144feab7de.html#axzz36KOyVeBt

Asia Pacific

1. Xu downfall is big step in Xi’s army reforms

http://www.ft.com/cms/s/0/1aa2f8e2-0103-11e4-b94d-00144feab7de.html#axzz36K0wL15M

2. Chinese Families Pay $16,000 for Kids to Pass Army Entrance Exam

http://www.bloomberg.com/news/print/2014-07-01/chinese-families-pay-16-000-for-kids-to-pass-army-entrance-exam.html

3. Chinese bank sues local govt property firm in rare public spat

http://www.reuters.com/article/2014/07/02/china-debt-idUSL4N0PD15R20140702

4. Rich Asians buy into upwardly mobile Manila’s luxury condominiums

http://www.reuters.com/article/2014/07/01/us-philippines-property-idUSKBN0F65GW20140701

5. Chinese developers muscle in on Hong Kong as mainland market slows

http://www.reuters.com/article/2014/07/01/us-hongkong-property-idUSKBN0F65HT20140701

6. South Korea Issues Rare Warning on Currency Surge

http://online.wsj.com/articles/south-korea-issues-rare-warning-on-currency-surge-1404296475?mod=WSJ_Markets_LatestHeadlines

7. Beijing crackdown on insider trading ‘rats’ sparks industry exodus

http://www.reuters.com/article/2014/06/30/us-markets-chinastocks-idUSKBN0F52JK20140630

8. China trust firm warns of possible default on wealth management product

http://uk.reuters.com/article/2014/07/01/china-trust-default-idUKL4N0P81DX20140701

9. Investment banks jockey for US$100mil Samsung restructuring bonanza

http://www.thestar.com.my/Business/Business-News/2014/07/02/Investment-banks-jockey-for-US$100mil-Samsung-restructuring-bonanza/

10. Many survivors of 1997 financial crisis in Thailand have returned to health

http://www.nationmultimedia.com/business/Many-survivors-of-1997-financial-crisis-have-retur-30237523.html

11. Indonesian students claimed the top spot at “Code for Resilience,” an international innovative competition held by the World Bank in

http://www.thejakartaglobe.com/news/indonesias-young-innovators-win-1st-prize-global-initiative

12. Would-Be Indonesian VPs Score an F for Education

http://www.thejakartaglobe.com/news/indonesian-vps-score-f-education

13. Did Las Vegas Just Become China’s Billionaire New Money-Laundering Mecca?

http://www.zerohedge.com/news/2014-07-02/did-las-vegas-just-become-chinas-billionaire-new-money-laundering-mecca

14. China oil explosion highlights pipeline perils as cities expand

http://www.ft.com/intl/cms/s/0/89c2e912-0108-11e4-b94d-00144feab7de.html#axzz36KQnAEVG

15. China rebalancing is a dangerous obsession

http://blogs.ft.com/beyond-brics/2014/07/02/guest-post-china-rebalancing-is-a-dangerous-obsession/

16. The Haier Model: Using Rural China as a Classroom for Overseas Growth

http://knowledge.wharton.upenn.edu/article/going-local-going-global/

17. Financial planners at the scandal-plagued Commonwealth Bank are still raking in lucrative commissions and fees for tipping their clients into $3.2 billion so-called ”zombie funds” that have been frozen for six years

http://www.smh.com.au/business/fees-still-flowing-to-cba-from-zombie-funds-20140702-3b8sy.html#ixzz36LvD2zoo

Life

1. How to win at work when you face defeat

http://www.ft.com/intl/cms/s/0/8a20b740-003b-11e4-8aaf-00144feab7de.html#axzz36KOyVeBt

2. Dallara Automobili: knowledge company; Racecar tech specialist shows importance of innovation at all times

http://www.ft.com/intl/cms/s/0/10bae7b2-fbbe-11e3-9a03-00144feab7de.html#axzz36KOyVeBt

3. The 12 Mathematicians Who Set The Stage For The Modern World

http://www.businessinsider.sg/12-classic-mathematicians-2014-7/#.U7Qx5vmSxqU

4. 7 Excellent Ways To Start A Presentation

http://www.businessinsider.sg/excellent-ways-to-start-a-presentation-2014-7/#.U7Qy0PmSxqU

5. Lessons From Cable Cowboy John Malone

http://www.simoleonsense.com/lessons-from-cable-cowboy-john-malone/

6. The Unpopularity of Patience

http://www.cleareyesinvesting.com/2014/06/the-unpopularity-of-patience.html

7. Why the U.S. Corporate World Became ‘A Bull Market for Corruption’

http://knowledge.wharton.upenn.edu/article/u-s-corporate-world-became-bull-market-corruption-bad-conduct/

8. Spy the Lie: Former CIA Officers Teach You How to Detect Deception

http://www.amazon.com/Spy-Lie-Former-Officers-Deception/dp/product-description/1250029627/ref=dp_proddesc_0/190-0596795-5877933?ie=UTF8&n=283155&s=books

TMT

1. Android Wear Review: Putting the Smartphone on Your Wrist; LG’s and Samsung’s First-Generation Android Wear Watches Feel Too Much Like Just That

http://online.wsj.com/articles/android-wear-review-putting-the-smartphone-on-your-wrist-1404238915?mod=Tech_newsreel_2

2. LG Chem Bets on Electric Vehicles in China

http://online.wsj.com/articles/lg-chem-bets-on-electric-vehicles-in-china-1404271244?mod=WSJ_LatestHeadlines

3. An Innovation Slowdown at the Tech Giants; Seen anything new and big lately from Cisco, Yahoo or even Twitter?

http://online.wsj.com/articles/an-innovation-slowdown-at-the-tech-giants-1404254249?mod=ST1

Healthcare

1. David Cameron calls for action to fight antibiotic resistance; New drugs needed to prevent ‘return to dark ages of medicine’

http://www.ft.com/intl/cms/s/0/12ccb18a-01bc-11e4-ab5b-00144feab7de.html

Consumer

1. Forget Dinner. It’s Always Snack Time in America; More Consumers Forgo Traditional Meals in Favor of Snacks Several Times a Day-Roiling the Food Industry

http://online.wsj.com/articles/forget-dinner-its-always-snack-time-1404240759

Morning Bamboo Insight: 03/07/2014

Morning Bamboo Insight

Macro

1. You may want to ignore the ‘next big thing’ in mutual funds; You may want to ignore the ‘next big thing’ in mutual funds

http://www.marketwatch.com/story/the-next-big-thing-in-mutual-funds-2014-06-30/print?guid=0E00C80A-006B-11E4-B2B1-00212803FAD6

Asia Pacific

1. Bullet Train Set to Slash Travel Time From Jakarta To Bandung

http://www.thejakartaglobe.com/news/bullet-train-set-slash-travel-time-jakarta-bandung/

2. Lessons of 1997 to help Thailand against future crises

http://www.nationmultimedia.com/business/Lessons-of-1997-to-help-Thailand-against-future-cr-30237562.html

3. Beijing has banned Ramadan for many Muslims in Xinjiang

http://qz.com/229329/beijing-has-banned-ramadan-for-many-muslims-in-xinjiang/

4. Beijing Plans 10,000 Rapid-Charging Stations, but They Won’t Support Tesla

http://english.caixin.com/2014-07-02/100698704.html

5. Korea remains ‘Republic of Suicide’

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991496

6. Orion chairman raked in dividends; “Orion is giving all the work to IPak and in return it is compensating Dam through dividends”

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991487

7. Confusing Messages For Investors And Multinationals From China’s Healthcare Reforms

http://www.forbes.com/sites/benjaminshobert/2014/07/01/confusing-messages-for-investors-and-multinationals-from-chinas-healthcare-reforms/print/

8. Finding new ways to curb insider trading in Singapore

http://business.asiaone.com/print/news/finding-new-ways-curb-insider-trading

9. Korea’s cigarette prices among the world’s lowest

http://news.asiaone.com/print/news/asia/korea%E2%80%99s-cigarette-prices-among-world%E2%80%99s-lowest

10. Former Indonesian Constitutional Court chief gets life sentence

http://news.asiaone.com/print/news/asia/former-indonesian-constitutional-court-chief-gets-life-sentence

Life

1. You can make a state-of-the-art hospital out of bamboo

http://qz.com/228319/you-can-make-a-state-of-the-art-hospital-out-of-bamboo/

2. Leaders motivated by power over others will not thrive in this new world

http://blogs.hbr.org/2014/07/leadership-is-about-to-get-more-uncomfortable/

3. The Content Marketing Revolution

http://blogs.hbr.org/2014/07/the-content-marketing-revolution/

4. Four ways your business can beat the imitators: health.com.au co-founder Andy Sheats

http://www.brw.com.au/p/leadership/four_ways_your_business_founder_RMAeT3KVXc0WpCao3EwAPN

5. Startups Anonymous: 25 questions founders are too embarrassed to ask

http://pando.com/2014/07/02/startups-anonymous-25-questions-founders-are-too-embarassed-to-ask/

6. 8 Great Pieces Of Startup Advice From 4 Silicon Valley Stars Under 30

http://www.forbes.com/sites/jeffbercovici/2014/07/01/8-great-pieces-of-startup-advice-from-4-silicon-valley-stars-under-30/print/

TMT

1. Intelligent cars draw investors to tech stocks

http://www.reuters.com/article/2014/07/02/us-tech-autos-stocks-idUSKBN0F70H320140702?feedType=RSS&feedName=businessNews

2. Big data’s dirty problem

http://fortune.com/2014/06/30/big-data-dirty-problem/

Evening Bamboo Insight: 02/07/2014

Evening Bamboo Insight

Macro

1. Regulator says ‘crony capitalism’ undermines Italy’s economy

http://www.ft.com/intl/cms/s/0/b4a80580-005f-11e4-8aaf-00144feab7de.html

2. A proposal to require auditors to disclose “critical audit matters” in their reports has generated apprehension among audit firms and pushback from CFO

http://ww2.cfo.com/auditing/2014/07/nothing-critical/view-all/

3. Finance Principles Apply to CEO Succession; Counterintuitively, a poorly performing company should look inside for its next CEO, research suggests

http://ww2.cfo.com/leadership/2014/07/finance-principles-apply-ceo-succession/view-all/

4. Study On How Investment Horizon Impacts Corporate Decision-Making

http://public-prod-acquia.gsb.stanford.edu/sites/default/files/2014_Investment-Horizon-Final_0.pdf

Asia Pacific

1. “House-for-pension” a bitter option in graying China http://news.xinhuanet.com/english/indepth/2014-07/01/c_126692496.htm?utm_source=The+Sinocism+China+Newsletter&utm_campaign=f7791df4c2-Sinocism07_01_14&utm_medium=email&utm_term=0_171f237867-f7791df4c2-29575541&mc_cid=f7791df4c2&mc_eid=826a915859

2. German Auto Parts Provider Decides China Market beyond Repair; For three years Stahlgruber tried to standardize the industry, but was unable to thrive in ‘chaotic’ market

http://english.caixin.com/2014-06-30/100697596.html?utm_source=The+Sinocism+China+Newsletter&utm_campaign=f7791df4c2-Sinocism07_01_14&utm_medium=email&utm_term=0_171f237867-f7791df4c2-29575541&mc_cid=f7791df4c2&mc_eid=826a915859

3. Infosys’ New CEO Will Have to Work Harder to Establish Moral Ground: Shibulal

http://forbesindia.com/article/exit-interview/infosys-new-ceo-will-have-to-work-harder-to-establish-moral-ground-shibulal/38098/1

4. Why Hong Kong’s Entrepreneurial Reputation Is Growing

http://www.forbes.com/sites/freddiedawson/2014/06/30/why-hong-kongs-entrepreneurial-reputation-is-growing/print

5. Hundreds of thousands of protesters, some waving colonial-era flags and chanting anti-Beijing slogans, staged a pro-democracy march in rain-soaked Hong Kong that organisers say could be the largest since the city was handed back to China

http://www.channelnewsasia.com/news/asiapacific/thousands-gather-for-hong/1226088.html#

http://www.reuters.com/article/2014/07/01/us-hongkong-protests-idUSKBN0F632A20140701

6. Direct Elections Are Un-Indonesian: if elected, he would begin the process of winding back the electoral system in favor of a “consultative” approach he says is more in keeping with Indonesian cultural traditions

http://www.thejakartaglobe.com/news/direct-elections-un-indonesian-prabowo/

7. China-Taiwan relations: Big brother comes wooing

http://www.economist.com/blogs/analects/2014/07/china-taiwan-relations

8. Inquiry into Qingdao Company’s Loans Backed by Metals Collateral Continues

http://english.caixin.com/2014-07-01/100698198.html

9. The founder and chief executive of Town Health International Medical Group (3886) has set up Hong Kong’s first 24-hour clinic in 1998.

http://www.thestandard.com.hk/news_detail.asp?we_cat=16&art_id=146862&sid=42537971&con_type=3&d_str=20140630&fc=1

1. HK Financial Secretary John Tsang Chun-wah: Housing curbs ‘must be retained’

http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=146897&sid=42537618&con_type=1

11. Robots make up for China’s manual labor shortages

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140630000078&cid=1205

12. Song Kehuang, son of Communist Party elder Song Renqiong

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140630000049&cid=1601

13. Property deals through China’s ‘shadow banks’ worry Australia

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1203&MainCatID=12&id=20140628000129

14. Taiwan’s underground economy at 28% of GDP is proportionally larger than China’s 14%

http://www.chinapost.com.tw/print/411375.htm

15. Ex-Yuanta chiefs get time in jail for breach of trust

http://www.chinapost.com.tw/print/411357.htm

16. Dongbu Group’s liquidity woes derive from a typical weakness of Korea Inc. – a phobia of restructuring. If a company becomes weak, it must regain its health from a new diet and rehabilitation

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991387

17. Gov’t lifts veil on how chaebol employ temps; One out of five employees working for Korea’s conglomerates are temporary workers

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2991444

18. The commercial property market in South Korea is chilling out as financial companies such as banks, insurers and brokerages started winding down and merging branches

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=946497&selFlag=sc&relatedcode=&wonNo=&sID=308

19. CBA tellers driven to despair by hard sell to chase sales targets which is leading to fraud; CBA was the “biggest and the baddest” of the banks. “Staff have to up-sell and on-sell products and services and debt to consumers”

http://www.smh.com.au/business/cba-tellers-driven-to-despair-by-hard-sell-20140630-3b4ca.html#ixzz36FuZ4e2I

Life

1. Clues to Teaching Young Children to Tell the Truth; A Study of Lying Involving George Washington, ‘Pinocchio’ and ‘The Boy Who Cried Wolf’

http://online.wsj.com/articles/clues-to-teaching-young-children-to-tell-the-truth-1404167647?mod=WSJ_hpp_MIDDLENexttoWhatsNewsFifth

2. The Evolution of Trust; The evolution to more frugal, deinstitutionalized living that has created the sharing economy may also lead to less involvement of government in everyday life

http://www.nytimes.com/2014/07/01/opinion/david-brooks-the-evolution-of-trust.html?emc=edit_th_20140701&nl=todaysheadlines&nlid=36114517&_r=0

3. The Untethered Soul: The Journey Beyond Yourself

www.untetheredsoul.com

4. Don’t Let All of Indonesia’s Birds Become Mythical Creatures; The Garuda is a reference to both Indonesia’s Hindu and Buddhist past, as well as to the cultural importance of birds in this country

http://www.thejakartaglobe.com/opinion/dont-let-indonesias-birds-become-mythical-creatures/

5. What Makes People Follow Reluctant Leaders

http://blogs.hbr.org/2014/06/what-makes-people-follow-reluctant-leaders

6. The rickshaw puller who saved Lee Kuan Yew

http://news.asiaone.com/news/singapore/rickshaw-puller-who-saved-lee-kuan-yew

7. Stiglitz: Inequality Is Not Inevitable

http://opinionator.blogs.nytimes.com/2014/06/27/inequality-is-not-inevitable/?_php=true&_type=blogs&ref=opinion&_r=0

8. Give the geniuses a reason to make earth a better place; It should not take fear to make us motivate talents to improve our lives, says John Llewellyn

http://www.ft.com/intl/cms/s/0/cf88b3c8-004f-11e4-a3f2-00144feab7de.html#axzz36EUm9joK

9. Founders, fathers and daughters; Women are taking power at family businesses set up by their dads

http://www.ft.com/intl/cms/s/0/b13b942c-003f-11e4-8aaf-00144feab7de.html#axzz36EUm9joK

TMT

1. For Alibaba, a challenge is to turn mobile into money

http://www.reuters.com/article/2014/06/30/uk-alibaba-group-mobile-idUSKBN0F52K620140630

2. Mobile Games Help Messaging Apps Succeed; Runaway Game Hits Like Cookie Run are Helping Messaging Apps From KakaoTalk to Line

http://online.wsj.com/articles/how-mobile-games-help-messaging-apps-succeed-1404182365

3. Research Labs Jump to the Cloud; Startups Use Software, Robots to Slash Costs for Basic Experiments

http://online.wsj.com/articles/research-labs-jump-to-the-cloud-1404168036

4. How a little open source project came to dominate big data

http://fortune.com/2014/06/30/hadoop-how-open-source-project-dominate-big-data/

5. Burberry, Estee Lauder encounter initial obstacles on Tmall; the return rate during the first 18 days of operations had touched 26.4%.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140701000147&cid=1206

6. Telecoms: Scrambled signal; The fragmented mobile phone industry undermines Europe’s single-market dream

http://www.ft.com/intl/cms/s/0/8e4c0c18-002f-11e4-a3f2-00144feab7de.html#axzz36EUm9joK

7. How Jeff Bezos Created One Of The Most Admired And Feared Companies In The World

http://www.businessinsider.sg/amazons-jeff-bezos-2014-6/#.U7Lgh_mSxqU

8. Yik Yak, A 7-Month-Old School Gossip App That’s Spreading Like Crazy, Has Raised $10 Million

http://www.businessinsider.sg/yik-yak-raises-10-million-2014-6/#.U7LhwPmSxqU

9. Murdoch’s ambitions may take center stage in Sun Valley

http://www.reuters.com/article/2014/07/01/us-conference-murdoch-idUSKBN0F63TF20140701?feedType=RSS&feedName=technologyNews

Health

1. New Weapon in Fight Against ‘Superbugs’; A soil sample from a national park in eastern Canada has produced a compound that appears to reverse antibiotic resistance in dangerous bacteria

http://online.wsj.com/articles/new-weapon-in-fight-against-superbugs-1404175658?mod=WSJ_hpp_MIDDLENexttoWhatsNewsFifth

Consumer

1. La Senza goes into administration; Lingerie chain says it has no alternative to administration, putting 752 UK jobs at risk, due to difficult trading conditions

http://www.theguardian.com/business/2014/jul/01/la-senza-goes-into-administration-lingerie-chain

Investing Process

1. Buffett’s Early Investments

http://basehitinvesting.com/buffetts-early-investments/?utm_source=feedly&utm_reader=feedly&utm_medium=rss&utm_campaign=buffetts-early-investments