Bamboo Innovator Daily Insight: 20 Mar (Fri) – Speak Honestly, Lead Honorably; Tim Cook on Apple’s future: everything can change except values

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia ( is down on technical issues and we are trying to resolve the problem asap.


  • Speak Honestly, Lead Honorably: Strategy&
  • The Intangible Corporation: Bloomberg
  • The difference between commitment and technique; Great teachers teach commitment. SethGodin
  • Five Ways Your Financial Adviser Can Screw Up Your Retirement, Legally: Bloomberg
  • Why positivity is the worst response to a problem: FastCo
  • College for a New Age: NYT
  • Today’s Anxious Freshmen Declare Majors Far Faster Than Their Elders; Weak job market and high debt loads prompt broad shift away from intellectual exploration; “People don’t go to college anymore to be fulfilled or to gain life perspective”: WSJ
  • The business of business: An old debate about what companies are for has been revived: Economist
  • The revolution that could change the way your child is taught: Guardian
  • Leighton to change name to CIMIC in wake of corruption allegations, shedding an Australian brand that has existed for more than 60 years: TheAge
  • The grim reality of start-ups: 95 per cent fail: TheAge
  • There is widespread “mischief” and even “abuse” in how financial services firms treat a key system for detecting misconduct, ASIC says. TheAge
  • Productivity guru David Allen shares his 3 best tricks for saving time: BI
  • A poster boy for dogged resilience: Gyr King rebuilt his art prints business after a fire but advances in technology require constant vigilance: FT
  • 12 Habits of Exceptional Leaders: Forbes
  • The World’s Most Ethical Companies 2015: Forbes

Greater China

  • Open Letter to SGX/MAS: Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?” – Address the accounting and governance concerns in an SGX/MAS announcement: AsianExtractor
  • China Tells Internet Firm Ex-Boss, under investigation for alleged securities rules violations, to come back to the country as it seeks to avert a second corporate default in the onshore bond market. Bloomberg
  • CVC Capital has secured a court order freezing the assets of a flamboyant Chinese restaurant owner who sold a majority stake in her company to the European private equity group last year for $300m. FT
  • Chinese Firms Shift Investment From Mines to Trophy Assets; head of China’s mining association estimated that 80% of all overseas mining deals had failed: WSJ
  • The Great Chinese Car Casino: Bloomberg
  • Aberdeen Sees Bubble Valuation in China Stock-Market Leaders: Bloomberg
  • Xiaomi Widens Smart-Home Push to India With Air Purifier: Bloomberg
  • Will that be all, sir? Butler business booms in China: AsiaOne
  • SFC outlines conditions for dual-share listings: SCMP
  • China’s Anti-Corruption Agents Knock Again on PetroChina’s Door: Bloomberg
  • China Needs More Creativity As it shifts from being the world’s factory to a source of innovation: Bloomberg
  • HK SFC chairman Carlson Tong Ka-shing said a “sunset clause” could be considered should there be any change to the “one share, one vote” principle the first time the watchdog has expressed any willingness to alter the mechanism: Standard
  • In Wake Of Kuaidi-Didi Merger, Uber Faces An Even Tougher Battle In China: Forbes
  • Salvatore Ferragamo, the Italian fashion house, said it had blocked, seized or destroyed more than 100,000 fake products in a “fierce global battle against counterfeiting” focused on China and the internet. FT
  • No Gain Without Pain for China’s Flabby SOEs; The urge to reform state-owned enterprises is at risk of waning as Beijing focuses on bolstering growth.: Barron’s
  • Bacardi Launches Tea-Distilled Liquor in China; Spirits maker to sell ‘Tang,’ a light-green alcohol made from green tea leaves, in upscale restaurants: WSJ
  • What’s Wrong With China’s Army?: Bloomberg
  • For Hong Kong, a chill sets in as rich China tourists shop elsewhere: Reuters


  • Indian Companies Look to Wives to Fill Female Board-Member Requirement: WSJ
  • Modi Sees Shiny Cities in India’s Future: NYT
  • India’s troubled opposition: The son also disappears; Congress, the party that long defined Indian politics, is in free fall: Economist
  • Paper planes, parents help Indian pupils outsmart state exams: AsiaOne
  • 5 Indian Bottom of Pyramid-focussed tech startups you should meet: e27
  • The stalled Alibaba-Snapdeal deal is proof India’s e-commerce valuations are insane: Quartz
  • Corruption might hinder ‘Make in India’: Deloitte’s James Cottrell: Forbes
  • India Tackles Messy Web of Sales Taxes; Single levy would replace wildly varying regimes that snarl shipments in red tape: WSJ
  • Modi Sees Shiny Cities in India’s Future: NYT

Japan & Korea

  • LG CEO vows to step up innovation; Tech giant aims to be No. 1 in global home appliance market: KH
  • Expensive Korean stocks come under pressure to split: KH


  • Open Letter to SGX/MAS: Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?” – Address the accounting and governance concerns in an SGX/MAS announcement: AsianExtractor
  • Bursa Securities raps, fines remisier RM312,000 for manipulation in numerous counters/securities. theStar
  • Asia ’98 Recalled as Currency Losses Engulf Top-Ranked Singapore: Bloomberg
  • Myanmar military to maintain political role, president says: Reuters
  • Chang Beer maker debuts 30 cent tea: Nikkei


  • SEC Joins Battle on Broker Bias That Could Remake Industry: Bloomberg
  • Sri Lanka PM seeks probe into stock market’s insider trading: AsiaOne
  • SEC Whistleblower Retaliation Push Could Face Challenge: WSJ
  • How an Ex-Moore Trader Got Caught in the Most Complicated Insider Trading Investigation in British History: bloomberg
  • Bitcoin Scammers Run Off With $12 Million: “Going to The Caribbean. Hope You Guys Understand”: Zerohedge
  • America’s Hispanics: From minor to major; One American in six is now Hispanic, up from a small minority two generations ago. By mid-century it will be more than one in four. Have faith in the melting-pot: Hispanic-America’s rise is a tremendous opportunity: Economist1, Economist2
  • Attack of the bean-counters: Lawyers beware: the accountants are coming after your business: Economist
  • The Algosaibi affair: A Saudi saga; Six years on, the claims arising from a huge corporate scandal in the Gulf are still being fought over: Economist
  • The war against Islamic State: The caliphate cracks; Though Islamic State is still spreading terror, its weaknesses are becoming apparent: Economist
  • Mismatch point: The rise of the dollar will punish borrowers in emerging markets: Economist
  • Notaries: The princes of paperwork; A highly regulated profession fights to preserve its privileges: Economist
  • A leap in the dark: How will investors react to America’s first rate increase in nine years?: Economist
  • The role of government bonds as an asset class is changing: Economist
  • Debt-ridden emerging markets are heading for a nasty dollar hangover: Economist
  • Quicksilver markets can catch out the unwary; Charts imply that equities are in bubble territory comparable to patterns in 1929, 2000 and 2007: FT
  • How Foreigners Became America’s Financial Regulators: WSJ

Energy & Commodities

  • In a World Awash With Crude Oil, Storage Companies Are Kings: Bloomberg
  • Why Shale Producers Still ‘Pump and Pray’: Bloomberg
  • No Relief Seen for Malaysia’s Energy Stock Drop on Earnings: Bloomberg
  • Non-U.S. Shales Prove Difficult to Crack; Exxon, Shell and others are pulling back from once-promising shale finds in Europe, Asia: WSJ


  • New Hope for Stroke Boosts Demand for Device to Nab Clots: Bloomberg
  • Scientists Seek Ban on Method of Editing the Human Genome: NYT
  • Big Pharma Needs to Get Busy in the Lab; Blanket generalizations about biotech firms being more efficient are unfounded. WSJ
  • U.S. Recovers $3.3 Billion in Federal Health-Care Fraud; Obama administration steps up efforts to prevent Medicare fraud, not just uncover it: WSJ


  • Tim Cook on Apple’s future: everything can change except values: FastCo
  • The rise of the ecommerce enablers; With the ecommerce market booming, ancillary firms that provide logistical support from payments to delivery are becoming an investor destination: Forbes
  • How The Netflix Model Can Screw Filmmakers: Forbes
  • Tag Heuer, Intel challenge Apple with Android smartwatch: Reuters
  • Fifty-seven million Latinos are a mighty market for the media: Economist
  • “VIACOM is me. I’m Viacom. That marriage is eternal, for ever,” Sumner Redstone, a media mogul, once said about his firm. “For ever” is a relative concept. In May Mr Redstone will turn 92: Economist
  • The log-on degree: College in America is ruinously expensive. Some digital cures are emerging: Economist
  • Mobile payments: Unfriending cash; Facebook enters the booming market for mobile payments: Economist
  • Founder Wang takes over as CEO as Taiwan’s HTC seeks turnaround: Reuters
  • Tim Cook explains how Apple decides which new products to work on next: BI
  • How Tim Cook implants Apple’s culture into new employees: BI
  • Internet TV: the cord cutters bringing some sanity to US viewing: FT
  • This company dominates the virtual reality business, and it’s not named Oculus: Fortune

Consumer & Others

  • Under Armour Is the NCAA Tournament’s Real Cinderella Story: Bloomberg
  • Spicy Chicken Billionaire Springs From South Africa With Nando’s: Bloomberg
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