Taking People with You: The Only Way to Make Big Things Happen; TouchPoints: Creating Powerful Leadership Connections in the Smallest of Moments – Bamboo Innovator Daily: 20 Aug (Thurs)

Life

  • How to influence the right corporate culture in your business (and why it matters): FP
  • This guy figured out a way to get free Starbucks every day – and it’s driving his barista crazy: BI
  • Deskspace: scribes, Dickens and the latest chapter in the story of desks; Forget hot-desking – ‘not-desking’ is the new way to show status: FT
  • Black Arts: The $800 Million Family Selling Art Degrees and False Hopes : Forbes
  • How CEOs Can Adopt a 21st-century Approach to Communication: K@W

Books

  • Taking People with You: The Only Way to Make Big Things Happen: Amazon
  • TouchPoints: Creating Powerful Leadership Connections in the Smallest of Moments: Amazon

Investing Process

  • The Scripps National Spelling Bee and the Pursuit of Alpha; Stiff competition is affecting competitive spelling and asset management in curiously similar ways. MS
  • Desperately SEEKing long-term thinkers: Andrew Bassat hits out at investor obsession with ‘next week’s profit’: BRW
  • Mark Steward – a look at the record of a white collar crime fighter in Hong Kong’s SFC: SCMP
  • China’s Hithink Sinks on Delisting Warning Linked to CSRC Probe: Bloomberg
  • Insider Trading Hacks Prompt Rethinking of Release System: Bloomberg

Greater China

  • Why China’s Yuan ‘Reform’ Merits Skepticism; Despite central bank’s claims, its yuan devaluation looks like an effort to boost growth at rest of world’s expense: WSJ
  • Facing Public Fury, China Reveals Owners Of Tianjin Warehouse; owners deliberately concealed their ownership stakes behind a murky corporate structure; Chinese Report Details Role of Political Connections in Tianjin Blasts: zh
  • Alibaba Cash-Burning Buybacks Make Internet Bonds China’s Worst: Bloomberg
  • Tech start-ups flock to Hong Kong: FT
  • China: Weakened foundations; Facing an economic slowdown, and with policy options running low, Beijing’s leaders broke an old taboo and devalued the renminbi: FT
  • China’s Debt Termites: PS
  •  Blind Faith in China’s Stock Market; The allure of quick profits tempted many Chinese people to gamble their savings in stocks. NYT
  •  Yup, we’re calling China the ultimate wannabe unicorn: FT
  •  IMF Signals Yuan Won’t Become Reserve Currency for at Least a Year; Fund’s executive board confirms earlier proposal for delay in five-year reshuffling of currency basket: WSJ
  • A Hundred Apps Bloom in China as Millions Bank on Their Phones: Bloomberg
  • Cliffs CEO Takes Aim at Crazy China Steel Exports Amid Glut; “What China is exporting alone is bigger than the second-biggest producer of steel in the world: it is crazy,” : Bloomberg
  • Why another China devaluation could be coming: AsiaOne
  • China’s stock market is like a casino, and that’s what attracts some investors: Reuters
  • Chocolate demand melts in China as stocks and bribes decline: Reuters

India

  • How outsourcing company eClerx found its foothold: PD Mundhra recounts how he started eClerx, a knowledge process outsourcing company, when the industry was still nascent: Forbes
  • MM Forgings reaping the rewards of controlled expansion; Vidyashankar Krishnan of Chennai-based MM Forgings on how he battled crises in his business and dealt with troublemakers: Forbes
  • India’s Banks Need the Tools to Get Tough: Bloomberg
  • Indian e-tailer’s funds will disappear in a flash: Reuters

Japan & Korea

  • These cameras in a Japanese train station can tell if you’re too drunk to ride: BI, WSJ
  • Japan’s beer drinkers to be tested by tax man: FT
  • Lotte shareholders bring progress but no end to leadership feud: Nikkei
  • What Lotte owes to people: KT
  • Lotte faces backlash in South Korea over ties to Japan: JT

ASEAN

  • Malaysia Riskier Than Mexico Has UBS Warning of Worse to Come: Bloomberg
  • How the Philippines Missed Out on Commodities Prosperity; Glencore’s exit from the country is the latest setback for the Philippine mining sector: WSJ
  • Najib Razak has too much power for Malaysia’s good; Once a model of development, the country’s reputation is sinking and so is that of the PM: FT
  • Thai Top Brass Missing in Action on Growth; Bangkok bombing pressures the military junta to invest more to bolster an economy hurt by fewer tourists.: Barron’s
  • Hard Year for Investment Banks in Southeast Asia; Revenue from IPOs, mergers and other deals was the lowest since 2009 as of mid-August: WSJ
  • Thai PM says former finance minister Somkid to lead new economic team: AsiaOne
  • Vietnam Devalues Dong for Third Time in 2015 on Yuan Fallout: Bloomberg
  • Ringgit Rout: Singaporeans Keep Calm, Shop for Malaysia Bargains: Bloomberg
  • Bangkok attack shakes Thai economy’s last support: Reuters

Macro

  • Dividend stocks given new lease of life; Dividend paying stocks – a popular trade of the low-interest rate era of the past several years – may have found new life in China’s economic troubles. FT
  •  China export woes mirrored across Asia: FT
  • Buybacks fall out of fashion with investors; Boring dividend-payers are beating the market again as bond yields fall: FT
  • Surge of investment scams sparks alarm in City: FT
  • We borrow too much from the future at our peril; Central banks seem concerned about liquidity, but it is not the issue: FT
  • The world should fear an emerging market rout; Developing countries need a stimulus to offset capital outflows: FT
  • Who’s Afraid of BlackRock? The industry says financial giants like BlackRock pose no threat to the marketplace. But our research tells a very different story.: Insead
  • Audits of Broker-Dealers Remain Troubling to Government Watchdog: WSJ
  • Shipping Giants Reduce Sailings on World’s Busiest Route; A glut of ships and lower demand means fewer vessels on the Asia-Europe route: WSJ
  • Time to End Quarterly Reports, Law Firm Says; Wachtell Lipton argues the ritual distracts companies from long-term results: WSJ
  • In Bribery Law, a New Tool to Scrutinize Wall Street; NYT
  • Devalue or defend? Vietnam, other emerging markets caught in currency bind: Nikkei
  • World’s Biggest Wealth Fund Tackles New Era as Cash Flows Dry Up: Bloomberg
  • Kazakhstan Currency Plunges by Record 23% in Shift to Free Float: Bloomberg
  • Sri Lanka Wants to Be the Next Singapore as War Legacy Fades: Bloomberg
  • ‘Go anywhere’ bond funds pose risks that investors can’t see: Reuters

Energy & Commodities

  • Commodity indexing embraces new methods: FT
  • Norway feels the Arctic chill; Low oil price and stalled exploration projects add to worries: FT
  • Oil producers brace for more cost-cutting ‘pain’ as prices nearly fall below US$40: FP
  • Likelihood of U.S. Oil Sliding to $30 a Barrel Is Increasing; Oversupply and specter of Iranian oil’s return could see prices at lows of financial crisis: WSJ
  • The “Best Way To Play The Chinese Credit-Commodity Crunch” Is About To Pay Off Big; Glencore has a huge $55 billion of debt, is drastically sensitive to copper (and other commodity) prices, and its CDS remains just off record high: zh
  • Get used to cheap oil, derivatives markets say: Reuters

TMT

  • This company is using insanely complicated math to save its customers tons of cash; To get all of your data nice and tidy for analysis, it has to go through a process called “ETL,” which stands for “extract, transform, load.” It can be a costly, time-consuming, and error-prone process: BI
  • Airbnb On Building A Global Company: techcrunch
  • Hot subject: Owners eye Weather Channel app sale: FT
  • Google Reveals How It Scales Its Network; the move by Google and others led to a new wave of innovation in so-called software-defined networking, creating alternatives to conventional networking hardware such as switches: WSJ
  • How Spotify reinvented the playlist: WaPo
  • Auto Industry’s Ranks of Electric-Car Battery Suppliers Narrow; Three big Asian makers emerge as favorite suppliers amid turn from in-house and startups: LG Chem, Samsung SDI and Panasonic: WSJ

Consumer & Others

  • This restaurant chain, LYFE Kitchen, started by 2 Mcdonald’s veterans is leading a fast food revolution: BI
  • The Ten Most Innovative Companies In Asia 2015: Forbes
  • Millennial Fashion Grows Up: Forever 21 isn’t just for teens; more forgiving fits and sophisticated looks: WSJ
  • How Buffalo Wild Wings turns slower meals into faster growth: Fortune
  • Australia seeks to become the delicatessen of Asia: Reuters
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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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