Morning Bamboo Insight: 2 Oct 2014
October 2, 2014 Leave a comment
Morning Bamboo Insight: 2 Oct 2014
Macro
- FASB is gaining support for its projects to streamline rules around disclosure of extraordinary items and inventory accounting
- Markets Diverging in Emerging World; India and Indonesia Have Been Recent Winners; Not So Brazil and Turkey
http://online.wsj.com/articles/markets-are-diverging-in-the-emerging-world-1412119148
Asia Pacific
- (Japan) – $617 Billion in Japan Stock Orders Scrapped After Error
http://www.bloomberg.com/news/print/2014-10-01/oops-possible-617-billion-trading-error-in-japan.html
- (Australia/China) – Australia frets as property blows hot at home, cold in China
http://thejakartaglobe.beritasatu.com/business/australia-frets-property-blows-hot-home-cold-china/
- (Isia) – KPK Launches Theme Park-Style Anti-Graft Mobile App
http://thejakartaglobe.beritasatu.com/news/kpk-launches-theme-park-style-anti-graft-mobile-app/
- (Spore) – Should SGX allow dual-class structures?
- (Asia) – Rectify Asia’s ‘governance deficit’
- (Spore) – Herbal product in health scare is Eu Yan Sang’s best seller
- (Thai/Asean) – Acquisition sprees ‘hits credit quality’ of large Thai corporations, according to S&P
http://www.nationmultimedia.com/business/Acquisition-sprees-hits-credit-quality-30244481.html
- (HK) – Hong Kong’s Status as Financial Hub Likely a Factor for Beijing; Heavy Crackdown on Protests Would Deepen Financial Firms’ Concerns About Autonomy
- (HK) – Hong Kong Protests Have History of Success in Challenging Government
- (China) – Chinese Nets and Bolts Ensnare Basketball Hoops in Litigation; Should Lifetime Products’ Basketball Hoops Use ‘Made in USA’ Labels?
- (China) – A Chinese Investment on Fracking Fails to Deliver; How a Shanghai Real-Estate Mogul’s Bet in Canada’s Bakken Shale Went Sour
- (Isia) – Good news for planters, Indonesia drops foreign ownership clause in bill; New law requires plantation companies to allocate 20% of their concessions to people living in the nearby areas
- REDtone auditors give ‘qualified opinion’ on group’s financial statement due to “other receivables” in the financial statements
- (Macau) – Macau Publishes The Worst Numbers Since The Global Financial Meltdown
3-2014-9/#.VCrYFvmSyCk
Life
- Warren Buffett’s Best Productivity Hack Is A Simple 2-List System; Even though everybody wants a piece of his time, Warren Buffett stays focused. Here’s his approach
http://www.businessinsider.sg/warren-buffett-productivity-trick-2014-9/#.VCvOzfmSyCk
- PayPal’s New CEO Once Spent 24 Hours Living On The Streets Of NYC As A Homeless Person
- Victoria’s Other Secret: The Low-Key Billionaire Behind The Lingerie Giant
TMT
- (Isia/Tech) – Japanese Venture Capital Firm Funds Indonesian Startup Developing a News App; Kurio searches the Internet and filters millions of articles every day to find content that meets a user’s interest.
- Wall Street’s Chat Plan Turns to Perzo Chief; David Gurle, CEO of an Instant-Messaging Company That Is Near a Deal to Be Acquired, Is No Stranger on Wall Street
- More Cable Companies Take TV Off Menu; Customers Care More About Broadband, They Say, and Programming Has Gotten Too Expensive
http://online.wsj.com/articles/more-cable-companies-take-tv-off-menu-1412120310
- (Tech/Media) – Netflix Pushes Into Movies With First Original Film; ‘Crouching Tiger’ Sequel to Premiere Same Day in August 2015 on Netflix and in Some IMAX Theaters
http://online.wsj.com/articles/netflix-pushes-into-movie-making-with-first-original-film-1412081193
- Analytical Value From Data That Cries Wolf
http://sloanreview.mit.edu/article/analytical-value-from-data-that-cries-wolf/
- Apps re-invent smartphone keyboards to reduce typing frustration
http://www.reuters.com/article/2014/09/30/us-apps-keyboards-idUSKCN0HP1NO20140930
- The Ten Startup Nation Movers and Shakers You Need To Know
Consumer
- (Consumer) – New Balance Acknowledges Shoe Materials Aren’t All U.S. Made; Only About 70% of Their Value Reflects Domestic Content and Labor
http://online.wsj.com/articles/new-balance-shoe-materials-arent-all-u-s-made-1412109111
- Global health and wellness sales to hit US$774bil in 2014
Healthcare
- Medical Mergers Are Driving Up Health Costs; Insurer health-care payments are up 3%-a fortune, given the $900 billion spent annually.
- Doctors Net Billions From Drug Firms, financial ties that some critics say have compromised medical care
http://online.wsj.com/articles/u-s-agency-reveals-drug-makers-payments-to-doctors-1412100323
Investing Process
- FASB Revisits the Cash-Flow Statement
http://ww2.cfo.com/cash-flow/2014/09/fasb-revisits-cash-flow-statement/
Energy
- Oil trading mired in crude oversupply
http://www.businesstimes.com.sg/premium/top-stories/oil-trading-mired-crude-oversupply-20141001