Daily Bamboo Innovator Insight: Mon 24 Nov 2014 – To boost GDP, China may be making a mortgage bomb; Alastair Mitchell, on Running With Your Dreams: A chief executive describes what he calls the “big red bus test”: If a bus were about to run you over, what would be the one thing you’d regret not doing?
November 24, 2014 Leave a comment
Life
Alastair Mitchell, on Running With Your Dreams: A chief executive describes what he calls the “big red bus test”: If a bus were about to run you over, what would be the one thing you’d regret not doing? NYTimes
Tips on staff productivity from a happiness evangelist; Trust and freedom can make staff more productive: FT
Jack Dangermond, billionaire founder of the 45-year-old mapping software company Esri, thinks every businessperson needs more geospatial awareness. Fortune
From graft to gadgets: Chinese official becomes inventor in jail: WantChinaTimes
Inventing Products is Less Valuable Than Inventing Ideas: Forbes
‘How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness’, by Russ Roberts: FT
Creating a Niche Beyond SL Green’s Real Estate Empire; Gary Green, Son of Stephen L. Green, Runs a Successful Building-Services Firm: WSJ
The mind map of blue ocean leadership: JakartaPost
Razon Moves Quickly, From Ports to Resorts; Philippine Billionaire Takes Undemocratic Approach to Running Two Big Businesses: WSJ
Warren Buffett: The three things I look for in a person: FarnamStreet
Ideas are not singular: FarnamStreet
Building a Business and Making Your Mark: FarnamStreet
《天龙八部》: 修习任何武功之间,总是心存慈悲仁善之念,倘若不以佛学为基,则练武之时,必定伤及自身。功夫练得越深,自身受伤越重。每一项绝技,均须有相应的慈悲佛法为之化解: Zaobao
Greater China
To boost GDP, China may be making a mortgage bomb: Bloomberg
Has the Big China Golf Course Boom Finally Gone Bust? Dan Waornk
vLoan ‘Guarantee Chains’ in China Prove Flimsy; Companies Renege on Promises to Pay Up in a Default: WSJ
Fear Of “Surge In Debt Defaults, Business Failures And Job Losses” Means Many More Chinese Rate Cuts: ZeroHedge
Mainland Investors Turn Sellers Through Hong Kong Stock Link: Bloomberg
Hong Kong Moves to Refashion Itself as a Global Hub of Creativity: NYTimes
Hong Kong-Shanghai-Just Barely-Connect; The much-hyped connection between the two bourses was mostly one way-and can’t overcome China’s economic problems. Barron’s
China’s Surprise Rate Cut Signals Desperation, Bad News Ahead: Fornes
Communist Party should try imperial China’s impeachment system to fight graft, says novelist: SCMP
Ex-CFO of China’s Longtop found liable in rare U.S. investor trial: Reuters
Taiwan ruling party faces rout in biggest ever local polls: Asiaone
China ready to cut rates again on fears of deflation : Reuters
With A Hard-Landing Imminent, China Reminds Residents It Is Illegal To Jump Off Tops Of Buildings:ZeroHedge
Has the Big China Golf Course Boom Finally Gone Bust? Dan Washburn
Chinese leaders committing suicide in droves: WaPo
China to force bosses at central government-run firms to reveal pay: AsiaOne
In China Coal Hub, City Struggles to Survive Amid Economic Slowdown; Workers Go Unpaid, Factories Collect Dust in One of China’s Slowest-Growing Cities: WSJ
China Central Bank Cut in Rates May Be Short on Impact: WSJ
India
India is world’s biggest food delivery market: foodpanda’s Ralf Wenzel: E27
Apollo Hospitals’ Prathap Reddy grooms daughters for leadership positions: Forbes
Modi Seeks to Insure India’s Future; India’s parliament to introduce reforms vital to boosting growth. Insurers to benefit, so too the nation’s poor. Barron’s
Japan & Korea
Himpel CEO may be Korea’s biggest clean-air fan: JoongAng
Super-rich Koreans rush to withdraw cash from borrowed-name accounts: Maeil
Samsung Mobile Executives Set to Pay Price in Overhaul; Samsung Considering Shake-Up in Management; Co-CEO B.K. Yoon May Assume Leadership of Mobile Division: Bloomberg, WSJ
Dongsuh Food CEO accused of cereal fraud; This is the first time that the head of a major food company has been put on trial in connection with a food fraud case here. KoreaTimes
Lotte Homeshopping’s license may be revoked; Lotte Homeshopping’s future hangs in the balance as a former senior staff member has received a prison term in its worst bribery scandal. KoreaTimes
Teaching quality, not lesson quantity, may be key to Japan’s top math marks: JapanTimes
Rich get richer, poor poorer under mixed results of Abenomics’: JapanTimes
Sagging yen saps South Korean export muscle: JapanTimes
South Korea holds winning hand as Japan gambling bill dies: AsiaOne
ASEAN
World’s Oldest Spice Bears Vietnam Modern Riches: Bloomberg
SE Asia fast-growing source of whistleblowing to US regulator; The jump in number of tipoffs on wrongdoing ‘points to lack of in-house whistleblowing channels’: BT
Falling value and output raise questions about S’pore chemicals hub; Chemicals’ value added has fallen from its peak of S$7.36 billion in 2004 to S$3.98 billion in 2013; new growth from knowledge-intensive specialty chemicals: BT
Alarm for Singapore bonds as private bank bid falters: Reuters
ASEAN Economic Community 2015: Will it happen? JakartaPost
An Ethnic Chinese Christian, Breaking Barriers in Indonesia: NYTimes
Macro
How Canada’s auto loan bubble has become a ticking time bomb: FP
Why Christopher Wood is bullish on India and the Philippines and bearish on Hong Kong and Singapore. Barron’s
What Big Economies Got Right, or Wrong, After Crisis: WSJ
TMT
Jeremy Male, Outfront Media: the billboard goes digital; CEO takes CBS’s old outdoor advertising arm into 21st century: FT
Telecoms groups find it difficult to connect with content strategies; Telcos should focus on the core task – connecting people – and let others work out what to push down the pipes: FT
The Hassle of ‘Hands Free’ Car Tech; Voice-Activated Systems Often Don’t Work Right, Can Add to Driver Distraction: WSJ
Goldman Sachs Has Invested In A Company That Could Replace Analysts With Algorithms: BusinessInsider
Commodities & Energy
Hedge Funds Bet on Coal-Mining Failures; Investors Make Trades in Anticipation of Bankruptcies: WSJ
Solar and Wind Energy Start to Win on Price vs. Conventional Fuels: NYTimes
Fed signals curbs on banks’ commodities trading business: FT
Miners in a hole should stop digging; Ramping up iron ore output is a losing game: FT
Oil markets: A new chapter for Opec? After enjoying years of stability, the producers’ cartel is facing a prolonged stretch of lower prices: FT
‘Immoral, but not illegal’: metal warehousing games in the spotlight: Reuters
In China Coal Hub, City Struggles to Survive Amid Economic Slowdown; Workers Go Unpaid, Factories Collect Dust in One of China’s Slowest-Growing Cities: WSJ
Singapore’s offshore and marine sector appears to be sailing into a perfect storm of sinking oil prices, rig oversupply and cuts in capital spending by oil companies: AsiaOne
Energy IPO Boom Leaves Some Wary; Investors Pour Cash Into Master Limited Partnerships, but Experts Urge Caution: WSJ
Some fund managers see oil falling to $60 without OPEC cut: Reuters
Healthcare
How physiotherapy chain Back in Motion plans to expand by franchising: BRW
What Sleep Deprivation Does to Your Brain, in One Stunning Infographic: MIC
Consumer & Others
Brazilian Billionaire Trio Reportedly Sets Up New Fund, Possibly To Acquire All-American Brand Coca-Cola: Forbes
Pie Face, one of the first Australian fast-food chains to expand overseas, has gone into voluntary administration, leaving dozens of high-profile, wealthy investors and scores of franchisees pondering the company’s future: TheAge
Airbus deepens carmaker thinking to drive jet output: Reuters