Four Ways Nintendo’s Iwata Changed the World of Gaming; Industry Foes, Fans Pay Tribute to Nintendo’s Late President; “On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer” – Bamboo Innovator Daily: 13 Jul (Mon)
July 13, 2015 Leave a comment
Life
- Four Ways Nintendo’s Iwata Changed the World of Gaming; Industry Foes, Fans Pay Tribute to Nintendo’s Late President; “On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer”: Bloomberg1, Bloomberg2
- Everybody is vulnerable at every stage of their lives; everybody is subject to illness, accident, personal tragedy, political and economic reality. This doesn’t mean that people aren’t also resilient and resourceful. Bearing other people’s vulnerability entails being able to bear one’s own. Indeed it would be realistic to say that what we have in common is our vulnerability; it is the medium of contact between us, what we most fundamentally recognize in each other. BP
- How billionaire Michael Bloomberg made his fortune: BI
- Researchers just discovered more than 5,000 new viruses in the ocean: BI
Books
- Surviving Survival: The Art and Science of Resilience: Amazon
- Deep Survival: Who Lives, Who Dies, and Why: Amazon
- The Unthinkable: Who Survives When Disaster Strikes – and Why: Amazon
- Verbal Judo: The Gentle Art of Persuasion: Amazon
Investing Process
- Liquidators appointed to ASX-listed Shanghai gaming business Sino Strategic over failing to file accounts over four years. Former executive chairman Theodore Cheng Chee-tock, 63, was found guilty of fraud offences in Hong Kong: TheAge
- Toshiba accounting laid to quest to catch up with profits of rival Hitachi: JT
- Japan firms finding hidden risks in foreign M&As: Nikkei
- Bob Greifeld, Nasdaq: diversification’s dividend; Greifeld is credited with transforming Nasdaq from a single equity exchange to a multi-faceted technology and services company: FT
Greater China
- Two Scary Charts About China: China’s Credit Binge and Global Banks’ Chinese Exposure: Bloomberg
- Hubris hits home at HKEx chef Charles Li Xiaojia who raised plenty of eyebrows when he boasted the A-share market was the world’s safest, most transparent and democratic market. Standard
- China’s Incendiary Market Is Fanned by Borrowers and Manipulation: NYT
- China cracks down on margin lending before markets reopen: FT
- Myth of China’s retail investors understates large players’ role: FT
- Stock market rescue places China’s renminbi reform under threat: FT
India
- India’s Outsourcing Firms Change Direction as ‘Cloud’ Moves In; Tata Consultancy, Wipro and others try to adapt as more companies shift to cloud computing: WSJ
Japan & Korea
- Nintendo President Satoru Iwata Dies of Cancer at age 55: WSJ
- Japan’s ‘Walt Disney’ Decries Abe’s Plan to Expand Military Role: Bloomberg
- Samsung-Elliott showdown will shake up South Korea: Reuters
- With Ban on Exports Lifted, Japan Arms Makers Cautiously Market Wares Abroad; NYT
- Focus on daily necessities shields Uniqlo from China’s market volatility: Nikkei
- Calculators helped make Japan into a leading global electronics nation. Two Japanese consumer electronics makers, Sharp and Casio Computer, have been the top two calculator makers for decades. The futures look very different. Nikkei
- China’s market-tracking ETFs roiled by share suspensions: FT
- The Man Who Must Fund the Retirement of the Oldest Wealthy Nation; Hiromichi Mizuno runs Japan’s $1.1 trillion public pension fund: WSJ
Macro
- Australia’s Still Too Expensive for Manufacturing, Even After Currency Drop; Australia’s manufacturing hopes lie with specialist firms in select areas, similar to Germany’s Mittelstand : Bloomberg
- Asia’s Rising Economic Stars Lose Luster on China’s Slowdown: Bloomberg
Energy & Commodities
- Debt Load Digs Into Mining Industry; Resources firms borrowed heavily to supply China; now boom is ending, prices are down: WSJ
Healthcare
British company behind ‘world-first’ bionic hand developing further ‘medical miracles’: Telegraph
TMT
- Can SoundCloud Be the Facebook of Music? Bloomberg
- Apple’s Share of Smartphone Industry’s Profits Soars to 92%; Apple’s share of profits is remarkable given that it sells fewer than 20% of smartphones: WSJ
- What is Google? The answer is becoming harder to pin down; The search advertising juggernaut is spreading its wings ever further. This may be creating a headache for investors: Telegraph
- Online wine trading moves into the Uber era: FT
- Microsoft needs to turn HoloLens VR profit potential into reality: FT
- Dan Schulman, PayPal CEO designee; The reason the payments market is growing so fast is that it is no longer limited to online-only transactions, as mobile devices change the way commerce is : FT
Consumer & Others
- How one Ontario tobacco farmer’s shift to kale sprouted a booming business; FP
- Lego Tries to Build a Better Brick; Toy maker starts 15-year research effort to find an eco-friendly material for its building blocks: WSJ
- The Wal-Mart Empire Strikes Back: II
- The Swiss watch slowdown has claimed a new victim. Swiss Watch Brand Maurice Lacroix Up for Sale on Franc Surge; DKSH bought Swiss watchmaker Maurice Lacroix in 2011 to tap Asian luxury demand.: Bloomberg