Advertisements

The benefits of a liberal education do not go out of date: The belief that study should be focused more on job-specific knowledge is misconceived – Bamboo Innovator Daily: 26 Aug (Wed)

Life

  • The benefits of a liberal education do not go out of date; The belief that study should be focused more on job-specific knowledge is misconceived: FT
  • The Genius Of Zero-Billion-Dollar Markets: How Netflix and others tackled markets that didn’t exist. RW
  • 15 Critical Habits Of Mentally Strong People: Forbes
  • Cash In On The Gift That Is Grit: Techcrunch
  • How to be less busy and more productive at work: Fortune
  • Data-Driven Management Can Also Be Compassionate: HBR
  • 9 ways to become a more interesting person: BI
  • Why some billionaires are bad for growth, and others aren’t; Not all inequality is created equal; How much wealth comes from political connections?: WaPo

Investing Process

  • Tech challenges, severed contracts cloud Hanergy’s outlook: Reuters
  • Singapore’s Out-of-Sync Bonds Create a China Fishery Pricing Gap: Bloomberg
  • The One-Man, $1.2 Billion ETF Shop: Bloomberg

Greater China

  • China Said to Halt Stock Support Amid Intervention Debate: bloomberg
  • Traders Increase Bets Against Yuan; Currencies pegged to buck like Hong Kong dollar and Egyptian pound also face pressure: WSJ
  • Glut of Chinese Steel Looms Large; China is increasingly using recycled steel, pressuring iron-ore prices and global miners: WSJ
  • Questions over Li Keqiang’s future amid China market turmoil; Premier could take fall if Beijing needs scapegoat, : FT
  • China Eases but Stench of Crisis Remains; In addition to monetary-policy moves, PBOC takes step toward liberalizing interest rates: WSJ
  • China analysis: interest rate cut raises fresh questions: TheAge
  • Is China Quietly Targeting A 20% Devaluation?: zh
  • Dollar Depeg Du Jour: 32-Year Old Hong Kong FX Regime In The Crosshairs: zh
  • Devaluation Stunner: China Has Dumped $100 Billion In Treasurys In The Past Two Weeks: zh
  • China says will crack down on underground banks, stem capital flight: Reuters
  • Global Automakers Roar As China Cut Auto Financing Reserve Ratio: Barron’s
  • China turmoil spells trouble for the IPO pipeline: FT
  • Alibaba CEO tells staff to forget about share price, focus on job, as the group’s stock sank below its initial public offering price of $68 for the first time: FT
  • China Has Big Eyes, Little Stomach for Oil; The world’s key buyer is making a fundamental case against crude: WSJ
  • Market crash: China’s journey to share crisis epicentre: TheAge
  • China’s Yuan Shock Gives Carry-Trade Crowd Worst Year Since ’08: Bloomberg
  •  China’s Complexity Problem: PS

India

  • From World No. 10, Rahul Sharma Wants To Take India’s Phonemaker Micromax To World Top 5 : Forbes
  • Indians cry foul over soaring onion prices; “The root cause of the surge in onion prices is collusion among a few traders”: FT

Japan & Korea

  • Yamada Denki plans 3-D printing of custom figurines; Yamada Denki will sell custom human figurines made using 3-D printers as it tries to familiarize consumers with the technology and create demand. Nikkei
  • State pension fund suffers big loss in Samsung units: KH
  • Outstanding Korean household debt and credit purchase have increased significantly to more than 1,100 trillion won ($920 billion), setting a new record and deepening concerns about households’ financial health : JA

ASEAN

  • Houses in KL too expensive; Khazanah says its latest report housing in Penang is also severely unaffordable: Star
  • Investors in Bursa Malaysia are poorer by more than RM159bil since July 15 due to the steep decline in the ringgit and commodity prices. Star
  • Indonesia’s Lion Air magnate Rusdi Kirana; The billionaire who built one of the fastest-growing airlines: FT

Macro

  • Investors Bet on Currency Pegs Coming Under Strain; Bets against pegs in Hong Kong and Saudi Arabia accelerated after China devalued currency: WSJ
  • Stock-Market Tumult Exposes Flaws in Modern Markets; Exchange-traded funds became hard to price as stocks tied to them cratered: WSJ
  • Slow Dark Pools Cost Investors, Study Says; Dark pools’ creaky infrastructure and slow computer systems are more of a threat to investors than the ultrafast traders that lately have fueled anxieties about the private trading venues: WSJ
  • Accounting Chiefs Rarely Promoted to CFO Role; Only 20% of current finance chiefs who were promoted internally had such a background, it says. That compares to 36% in 2010. WSJ
  • Grip on Non-Audit Fees Grows Tighter; Auditor-independence rules continue to lower the amount companies spend on accounting fees unrelated to their audits.: WSJ
  • El-Erian: Market Now Is Not Like 1998 Or 2008: VW
  • ‘Made in China’ financial funk spurs fearful global scenarios: JT
  • EM forex: adding to local currency default risk?: FT
  • Memo to Regulators: About That Early-Warning System: Bloomberg

Energy & Commodities

  • 1 Cent Saving Is All Japan’s JX Needs to Look Beyond Mideast Oil: Bloomberg

Healthcare

  • Why a “universal” flu vaccine may soon be a reality; Scientists are developing a jab that might only need to be given once in a lifetime: Economist
  • Cancer cells can be programmed to become normal again: qz, Telegraph

TMT

  • Internet roulette: Are we ready for the “Internet of Things”? Probably not: WaPo
  • Connecting Your Car to Your Smartphone Can Make Auto Data Work for You; The Automatic, the Mojio and the Zubie collect data about your vehicle’s engine, fuel efficiency and location: WSJ
  • PayPal Fights Fraud with Machine Learning and ‘Human Detectives’: WSJ
  • Deodorizing Your Data: MIT
  • A Seattle startup has found a way to grow high performance metals in a cheap and energy efficient way, marking an important breakthrough for industries like construction, automotive, and oil and gas. Fortune

Consumer & Others

  • McDonald’s Lands in a Real-Estate Dilemma; Spinning off properties, as urged by some, would unlock value-and open can of worms; arguments against a REIT far outweigh those for it: WSJ
  • Brands want the creators of ‘normcore’ to be their ‘millennial whisperers’; “normcore” was a runner up for the Oxford English Dictionary’s “word of the year” : WaPo
  • Pacific Brands says it has turned the corner and is on track to start paying dividends thanks to strength in its 100-year-old jocks and socks brand Bonds. TheAge
  • Small Food Brands, Big Successes: NYT
  • McDonald’s is making an expensive bet on digital self-service kiosks to drive sales.: BI
Advertisements

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: