Bamboo Innovator Daily Insight: 7 Jan (Wed) – Giant Bicycle tycoon King Liu who has vowed to change the world with bicycles says he began to know himself only at age 50, started understanding management only at 60, found an outlet for his passion only at 70, and began to feel that age is only a number at 80

Life

Giant Bicycle founder King Liu strives to ‘be the only, not the first’; King Liu is known throughout Taiwan and around the globe as the founder of the world’s largest bicycle manufacturer: WantChinaTimes

Elon Musk Loves This Winston Churchill Quote About ‘Going Through Hell’: BI

Elon Musk Just Gave An Amazing Tip On How To Learn A Lot Quickly: BI

A Cereal Company CEO Has Lost $218 Million Of His Own Money On Herbalife: BI

What Resilience Means, and Why It Matters: HBR

Accountants need to be strong in their ethical principles: BT

How Fanduel Is Turning Fantasy Sports Into Real Money: Forbes

Haruki Murakami to become ‘agony uncle’; Reclusive Japanese novelist to answer ‘curveball enquiries’; Who am I? What is Life? Author Haruki Murakami to the Rescue: FT, JGlobe

City Link crash reminds us turnrounds can be perilous; The company’s problems were probably irreversible but now it must treat its staff decently: FT

Teach the children well: Achieving excellent education for all: Forbes

10 Surefire Ways To Boost Your Productivity In 2015: Forbes

Decoding leadership: What really matters: McKinsey

The Melbourne man at the centre of an alleged $110m mortgage fraud holds a senior position in major mortgage brokerage network, raising concerns that the true scale of the potential financial losses is yet to be known: TheAge

Instead of resolving to exercise more or eat less, try adding new skills to your wheelhouse this year. Whether it’s learning to golf or to ski, to sing or to code or to speak a new language, the window of opportunity never close: WSJ

Firms eyeing growth in anti-fraud market: AsiaOne

Investing Process & Research

Wolf Pack Activism: SSRN

Nine Reasons Why We Must Rethink Our Fundamental Beliefs About Stock Investing: ValueWalk

Skills That Separate You as an Investment Manager: Context Creation: CFA

The Quants on the Left Bank: How Paris-Based Physicists Used Algorithms to Get Big Returns: Bloomberg

Greater China

There’s a Leadership Crisis in Chinese Property Firms — They’re Defaulting. Who’s Next to Go? Bloomberg

Chris Patten: Emperor Xi’s dilemma; Even Xi has had to obey the first rule: Don’t name the corrupt until the Party decides who they are. ProjectSyndicate

The mainland’s colonization of the Hong Kong economy: Reuters

Legal DNA sequencing-based screening coming to China soon: WantChinaTimes

Apple may change China distribution after fraud case: WantChinaTimes

Survey shows Shanghai-Hong stock connect not yet popular with international investors: SCMP

Scale and reach of anti-graft probes set to increase; More mainland companies could find themselves targets of graft busters as the multibillion-dollar boom industries of recent years are investigated: SCMP

Two Kaisa Group partners demand refund of 1.2b yuan as problems get worse: SCMP

The Chinese Empire’s Burning Peripheries; Crackdowns in Hong Kong and Xinjiang threaten Taiwan-and regional peace. WSJ

China’s SUV Boom Faces Growth Slowdown; Foreign and Domestic Auto Makers Add Models, But a Price Crunch Looms: WSJ

India

Modi Pledge Tested by India Budget Deficit Already 99% of Target: Bloomberg

Science Struggles in India: Bloomberg

Havells India MD wants to grow the Indian business aggressively; Anil Rai Gupta, Havells India’s new chairman and managing director, talks about growth, expansion and warding off competition in the electrical goods market: Forbes

The Piramal family’s purposeful philanthropy; For Ajay Piramal, wealth earned is not to keep, but to share. It is a legacy he’s inherited from his grandfather, and one his children are upholding through their work with the Piramal Found: Forbes

India Stock Sales to Lift World’s Lowest Float: Chart of the Day: Bloomberg

Japan & Korea

Startups on the Menu as Venture Capitalists Shop in Seoul: Bloomberg

Govt-biz nexus in Asian accounting fraud: Legal battle looms over Moneual loan fraud: KoreaHerald

Success story in China: Hansae Dream, Lock & Lock, Dongsung Ecore: Maeil

Police are seeking cooperation with Interpol to locate Coko Entertainment co-CEO Kim Woo-jong, who fled to the United States in Nov last year after allegedly embezzling hundreds of millions of won in company funds. KoreaTimes

Japan Traders Call 2015 Pivotal Year as Oil, Yen Aid Growth: Bloomberg

Japanese corporate leaders welcomed the recent plunge in oil prices, saying it would bolster Japan’s faltering economic recovery even as it roils global financial markets. WSJ

In South Korea, Rivals Samsung and LG Fight Dirty Over Washing Machines: WSJ

How a 574% Stock Gain Highlights What’s at Stake for Abe: Bloomberg

Shorts in Tokyo Soars to Record on Abenomics Skepticism: Bloomberg

ASEAN

United Overseas Bank (UOB) has launched a $181 million suit against a subsidiary of Indonesian giant Lippo Group and seven individuals, claiming they conspired to get inflated housing loans: AsiaOne

What Retirement? Singapore Older Workers Stay on the Job: Bloomberg

Waiver on Patent Fee to Boost Indonesian Innovation: JGlobe

Japan’s Misadventures in Burma: WSJ

Singapore home owners will need to brace themselves for even higher mortgage payments this year as an impending interest rate increase in the US looms closer; highly leveraged households sitting on floating rate plans risk being stung: TODAY

Time to rethink SGX’s watchdog role: AsiaOne

Top Thai Pension Fund to Cut Bond Holdings in Stocks Push: Bloomberg

Macro

Rising Dollar Presses Asian Borrowers; Bad Loans Mount as Chinese Growth Slows; Risk From Higher Rates: WSJ

The world’s richest nations are borrowing for free. Free Money in Bond Markets Shows Global Economy Still Struggling. Bloomberg

Spectre of sovereign bond defaults looms; A rift is forming between the havens and the exposed: FT

How financiers turned back forces of equality; Growth of banking sector has helped turn back egalitarian trend: FT

Public finances: A world of debt; The global crisis left many economies heavily indebted. But there are ways policy makers can repair the damage: FT

A Contrarian View of Emerging Markets: An interview with Brian Singer, head of dynamic allocation strategies at William Blair in Chicago. Barron’s

How Even Dairy Farmers Get Squeezed by Rigging in the $5.3 Trillion Currency Market: Bloomberg

Bill Gross’ 2015 Outlook: “The Good Times Are Over, The Time For Risk Taking Has Passed”: Janus

Surviving (and Thriving From) a Breakup: Investors are pressuring companies for spin-offs, but do such transactions create shareholder value?: CFO

The world’s richest nations are borrowing for free. Free Money in Bond Markets Shows Global Economy Still Struggling. Bloomberg

TMT

Sony Just Solved The Biggest Problem With Google Glass: BI

The devil wears de la Renta: Is Yahoo’s high-profile chief executive a failure? A new book by Nicholas Carlson offers nearly everything short of an answer. Fortune

Apple Watch Must Be Ahead of Its Time; Product’s Potential Looks Constrained Relative to Earlier Devices: WSJ

Google and the Self-Driving Delusion: Who wants to be on the road with the guy whose car is screaming at him to wake up and take control? WSJ

Virtual Reality Is Taking Its Time Becoming a Consumer Reality; Razer Introduces a New VR Headset at CES as the Industry Tries to Crack a ‘Chicken or Egg’ Problem: WSJ

Energy & Commodities

Deep Debt Keeps Oil Firms Pumping; Producers Have Increased Their Borrowings by 55% Since 2010: WSJ

Transocean $9.1 Billion Debt May Be Cut to Junk on Oil Slump: Bloomberg

Healthcare

Crazy Infographic Shows How Deadly Superbugs Will Be In The Post-Antibiotic Era: BI

Rethinking cancer risks: JapanTimes

Biosimilar Drugs Face U.S. Test; FDA Panel Will Decide Whether to Recommend Approval: WSJ

Consumer & Others

Why McDonald’s Isn’t Shake Shack and Probably Shouldn’t Be: NYT

Fast Retailing Selling At Haute Couture Prices; At 39 times projected earnings the mass market fashion retailer’s shares have run too far, too fast. Barron’s

Reinventing The Pizza; Pizza Studio is adapting the quick and made-to-order model, championed by Chipotle and Subway, to pizza: Forbes

Cost cuts, asset sales and writedowns in store for Tesco: Reuters