Bamboo Innovator Daily Insight: 3 Apr (Fri) – Chinese bond defaults test govt appetite for market discipline; A unit of Macquarie will pay $15 million to resolve accounting fraud charges by the SEC that it underwrote a public offering for China’s Puda Coal; Glitch in Rongsheng Rescue Sheds Light on Shady Investor

Life

• At Boeing, Innovation Means Small Steps, Not Giant Leaps; Company’s shift reflects how the industry has changed: WSJ
• Soon, Students May Learn to Code Instead of Taking French Class: Bloomberg
• Learning from the Persuasive Genius of Great Leaders: Strategy&
• How to Overcome Burnout and Stay Motivated: HBR
• 3 habits of the world’s most influential people: BI
• Google’s Self-Help Book; The company’s head of human resources tries to teach you to act like his best employees: Bloomberg

Investing Process

• 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
  
• A unit of Macquarie will pay $15 million to resolve accounting fraud charges by the SEC that it underwrote a public offering for China’s Puda Coal; The case is the SEC’s first against an underwriter in its long-running crackdown on alleged accounting fraud by Chinese companies, many of whom entered the U.S. capital markets through backdoor mergers. WSJ
• Greatness Comes From What You Don’t Buy: Howard Marks: VW

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
• A unit of Macquarie will pay $15 million to resolve accounting fraud charges by the SEC that it underwrote a public offering for China’s Puda Coal; The case is the SEC’s first against an underwriter in its long-running crackdown on alleged accounting fraud by Chinese companies, many of whom entered the U.S. capital markets through backdoor mergers. WSJ
• Glitch in Rongsheng Rescue Sheds Light on Shady Investor; Capital market veteran Wang Ping had sights set on struggling shipbuilder, but has been detained on fraud charges: Caixin
• Chinese bond defaults test govt appetite for market discipline: FT
• A New Cancer Drug, Made in China; After 14 years, Shenzhen biotech’s medicine is one of the few locally developed from start to finish: WSJ
• The Chinese Billionaire Zhang Lei Spins Research Into Investment Gold: WSJ
• China’s Alibaba finance arm, Xiaomi partner in wearable payments: Reuters

India

• Stock manipulation: India’s Twentyfirst Century Management Services: ML
• The billionaires brigade comprises 90 from India: Forbes

Japan & Korea

• Korean drug firms and hospitals going global: KT

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
• With A Global Footprint, Pan Brothers Lead In Sales As Indonesia’s Largest Garment Manufacturer: Forbes

Macro

• Beyond the rubber stamp: fund managers and the stewardship dilemma: FT
• Koreans lose big on Brazil’s sovereign bonds: JA

Energy & Commodities

• Trading Floors Can’t Feed Africa; Many of the commodity exchanges started in sub-Saharan Africa to help farmers have failed. Bloomberg

TMT

• Why the graphene light bulb could switch on a new era of innovation: WaPo
• This single math equation explains all you need to know about Facebook revenue growth, according to Citi: BI
• The Rise of the ‘Unicorns’ (Graphics): NYT
• In Silicon Valley Frenzy, VCs Create New Inside Track; Pinterest board observer raised $200 million in three days to buy more shares-with startup’s blessing: WSJ