Treasure the Singapore Character – Bamboo Innovator Daily: 7 Aug (Fri)

Life

  • Treasure the Singapore Character; Singapore Character: Unis have key role: ST1,, ST2, MOE
  • Lies, damned lies — and the statistical needs of users: FT
  • Your completely hidden power of persuasion: FastCo

Investing Process

  • Noble Sees Trust Erode in Battle of Hearts and Mines; Noble shares have gyrated amid accusations aggressive accounting inflated its earnings: WSJ
  • Charlie Munger, Coke And Apple: Gurufocus
  • Warren wannabe: Ackman channels Buffett with bet on Mondelez; For years now Bill Ackman, that bad boy of activist investing, has been trying to cast himself in the mold of Warren Buffett: TheAge
  • Pension scams becoming investment scams, says Citizens Advice; Fraudsters trying to steal money from people’s pension funds are increasingly offering to invest the cash into other scams: BBC
  • Meet Patrick Walsh, The Do-It-Yourself Hedge Fund Activist You’ve Never Heard Of: Forbes
  • Real Estate Investment Aided by Ponzi Scheme Could Recoup Victims’ Money: NYT
  • The Recency Effect: Confusing What Just Happened With What Happens Next: Bloomberg

Greater China

  • Bad Debt Soars 35% In China As Government Set To Fabricate Dismal Loan Data: Zerohedge
  • China meddling in stock market seen discouraging return of foreign funds: Reuters
  • China Takes Its Debt-Driven Growth Model Overseas; Banks have ramped up lending to Chinese companies for projects abroad: WSJ
  • One Third Of All Chinese ‘Gamblers’ Have Shut Their Equity Trading Accounts: Zerohedge
  • Taiwanese bookstore Eslite has been listed on CNN’s list of the “world’s coolest bookstores.”: ChinaPost
  • ‘Maker culture’ makes Shenzhen a city where dreams come true: WCT
  • China migration: Dying for land; Urbanisation is leading to violent clashes between developers and farmers amid a fight for control of the land: FT
  • Fear and greed drive China’s online to offline commerce craze: FT
  • The Irresistible China Trade That Keeps Burning Investors: bloomberg
  • As China Reduces Local Spending, Cities Woo Private Investors: NYT

India

  • IKEA products: Made in Uttar Pradesh, sold in Sweden: Forbes
  • The fabulous set of Asia-Pacific’s finest companies in India: Forbes
  • Stuck on the runway: Indian manufacturing peaked in the mid-1990s. Can its decline be reversed?: Economist

Japan & Korea

  • Chaebol reforms are due: JA
  • Multinational firms should report governance structure details from 2017: mk
  • Lotte row highlights family saga with Japanese roots: KH
  • Succession feud mars legacy of Lotte Group founder: Reuters
  •  NPS loses W80 bil. in Lotte investments: KT
  • Power Struggle at Korean Firm Lotte Shows Perils of Succession: WSJ

Macro

  • GMO founder Grantham says markets ‘ripe for major decline’ in 2016: FT
  • Uber-bear Grantham survives the bull run: FT
  • Business and the law: Taking the gangster rap; The power and reach of America’s racketeering law make its frequent use in commercial settings a big deal for business: Economist

Energy & Commodities

  • The ‘God’ of oil trading is getting crushed by the commodities slump: BI
  • Farmer hoarding and impairment charges push Cargill to loss: FT
  • Despite Glut of Oil, Energy Firms Struggle to Turn Off the Tap: WSJ
  • ‘Frack now, pay later,’ top services companies say amid oil crash: Reuters
  • Coffee Disconnect Is Brewing; Demand for specialty brands has roasters leaving futures exchanges: WSJ
  • Steelmakers Try to Stay Out in Front in Auto Industry; As aluminum becomes more prevalent in car-making, steel executives are pressing their case: WSJ

Healthcare

  • Scientists discover an unexpected natural hangover cure that actually works: qz
  • IBM is adding medical images to the health data its Watson artificial-intelligence can mine to help doctors make diagnoses.: NYT
  • Drug-Plan Managers Wield ‘Potent Weapon’; CVS, Express Scripts are excluding more drugs from coverage in part to save costs: WSJ

TMT

  • How Venture Capital Incentives Promote Zombie Companies: Techcrunch
  • Tesla is completely unlike other tech companies in one crucial way: BI
  • How Fitness22 is making ‘millions of dollars a year’ selling iPhone apps with no marketing: BI
  • Have 3 Undergrads Just Created An Instagram For Music?: Forbes
  • GE preps industrial-strength cloud of its own: Fortune
  • Among the States, Self-Driving Cars Have Ignited a Gold Rush: NYT
  • Mobile operating systems: Cyanogen plots to unseat Google’s platform: Economist
  • How baseball’s tech team built the future of television: theAge
  • Ad Woes Pummel TV Firms; Viacom’s weak results fan the flames of a media-industry meltdown: WSJ
  • When a Smart Home Is Too Smart for its Own Good; Smart-home systems can control everything from the lighting to the temperature to the music, but they don’t always make life easier for homeowners.: WSJ
  • Growth of ecommerce pushes funds into small-fry shipping firms: Reuters

Consumer & Others

  • Wal-Mart’s pay raise creates thousands of unhappy workers: ‘It’s pitting people against each other’: FP
  • This failed burger reveals the biggest problem at McDonald’s: BI
  • UGG is becoming a luxury brand and ‘the new Converse’: BI
  • Under New CEO, Crocs May Have A Biting Chance: Forbes
  • Hotel chains are thriving, for now, thanks to innovation and a bit of luck: Economist
  • Iran’s car industry: Carmakers will profit from a deal on Iran’s nuclear programme: economist
  • Adidas considers giving up golf as cycling booms: Reuters
  • CrossFit’s extremely lucrative business plan is also deceptively simple: qz
  • Deal-Happy Logistics Companies Find Profits Elusive; XPO Logistics and Echo Global saw shares tumble after acquisition costs ate into profits, a sign investors may be losing patience for ambitious expansion plans to pay off: WSJ
  • Big Changes in Food Industry Turn Activists Upside Down; Push to reunite Kraft Foods, which activists split apart just three years ago, shows seismic shift in the food industry: WSJ
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About bambooinnovator
KB Kee is the Managing Editor of the Moat Report Asia (www.moatreport.com), a research service focused exclusively on highlighting undervalued wide-moat businesses in Asia; subscribers from North America, Europe, the Oceania and Asia include professional value investors with over $20 billion in asset under management in equities, some of the world’s biggest secretive global hedge fund giants, and savvy private individual investors who are lifelong learners in the art of value investing. KB has been rooted in the principles of value investing for over a decade as an analyst in Asian capital markets. He was head of research and fund manager at a Singapore-based value investment firm. As a member of the investment committee, he helped the firm’s Asia-focused equity funds significantly outperform the benchmark index. He was previously the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. KB has trained CEOs, entrepreneurs, CFOs, management executives in business strategy, value investing, macroeconomic and industry trends, and detecting accounting frauds in Singapore, HK and China. KB was a faculty (accounting) at SMU teaching accounting courses. KB is currently the Chief Investment Officer at an ASX-listed investment holdings company since September 2015, helping to manage the listed Asian equities investments in the Hidden Champions Fund. Disclaimer: This article is for discussion purposes only and does not constitute an offer, recommendation or solicitation to buy or sell any investments, securities, futures or options. All articles in the website reflect the personal opinions of the writer.

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