Bamboo Innovator Daily Insight: 20 Mar (Fri) – Speak Honestly, Lead Honorably; Tim Cook on Apple’s future: everything can change except values
March 20, 2015 Leave a comment
Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.
Life
- 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
India
- 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
ASEAN
- 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
Macro
- 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
Healthcare
- 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
TMT
- 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