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

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Bamboo Innovator Daily Insight: 2 Apr (Thurs) – Be kind to live long, world’s oldest woman says from Arkansas; Someone to hold your hand: Having a companion can get a stroke victim faster treatment; Billionaire Yoshiyuki Sankai’s Cyborgs Serve Japan’s Elderly

Life

  • Super dad ignores own ailments to care 24/7 for sick wife and children: AsiaOne
  • Be kind to live long, world’s oldest woman says from Arkansas: Reuters
  • The ultimate sign you’re working for a great company: Fortune
  • How humble first jobs motivated these inspirational speakers: Reuters
  • Advice for Becoming an ‘Engaged Leader’: K@W
  • Making the Pie Bigger’: The Power of Good Relationships: K@W
  • 12 Things Truly Confident People Do Differently: They Get Their Happiness From Within. They Aren’t Afraid to be Wrong. They Stick Their Neck Out. They Celebrate Other People: Forbes
  • The One Lie Deceptive Leaders Tell; In most situations, telling someone to relax is not just annoying, it’s deceptive and hurtful. It’s not going to help resolve their anxiety, but it will make them feel embarrassed for feeling it. LinkedIn
  • Study Reveals 4 Leadership Trends In Dealing With Complexity: Forbes
  • Connect Inventors with the Right Problems: HBR
  • Leaders Win Trust When They Show a Bit of Humanity: HBR
  • 15 must-read books by tech CEOs that will give you a peek inside their brilliant minds: BI
  • Review: Confronting Capitalism, by Philip Kotler; The marketing expert known to generations of students turns his gaze to capitalism’s flaws: FT
  • Checkbook Buddhism Offers Thais Stairway to Heaven: JG
  • Renegades of Junk: The Rise and Fall of the Drexel Empire; The people who lived through Michael Milken’s Wall Street saga tell it in their own words, 25 years later: Bloomberg

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Bamboo Innovator Daily Insight: 1 Apr (Wed) – What a tree’s name taught me about Lee Kuan Yew; Stockholm: the unicorn factory; Sweden’s capital has a disproportionate number of tech triumphs

Life

  •  Why experiencing awe is actually an essential part of our lives: BI
  • The pioneering business leader’s endless variety; There is no single attribute to the revolutionary businessperson: FT
  • The cost of confusing shareholder value and short-term profit; The biggest rewards should go to managers who think long-term: FT
  • In need of good luck? Change your handwriting; The way you write may just seal your fate: KH
  • Aussie Treasurer Joe Hockey vows to tax profit-shifting multinational ‘thieves’: BRW
  • What a tree’s name taught me about Lee Kuan Yew: AsiaOne
  • Inspired by Mr Lee’s love for his wife: AsiaOne
  • Lee Kuan Yew’s role in shaping India: JP
  • Mr Lee spotted China’s growth potential early; He was the only one who personally met all five of modern China’s top leaders, and kept friendly relationships with them. BT
  • How Being a Worrywart Helps at Work; Pessimism and Anxiety Can Improve Performance: WSJ
  • Tiger Woods Slumps to 104th, Lowest Golf Ranking Since 1996: Bloomberg
  • Former ABC Learning CFO James Black escapes maximum penalty with $2000 fine: TheAge

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Bamboo Innovator Daily Insight: 31 Mar (Tues) – Relearning the Art of Asking Question; Looking for Problems Makes Us Tired; Buffet dumps entire stake in POSCO

Life

  • Relearning the Art of Asking Questions: HBR
  • Looking for Problems Makes Us Tired: HBR
  • Protect Rogue Thinkers: The experience of an undercover cop teaches us that we should protect and support those willing to take risks, not leave them out in the cold when it goes wrong: Insead
  • The myths we all believe about breakthrough thinking: Aha moments don’t just happen, they are usually preceded by dead ends and bad ideas. Here’s how to troubleshoot yourself to success. FastCo
  • The Danger of Being Alexander: Leaders may find it tempting to wage ambitious crusades for personal reward, but eventually their troops can turn on them. Collaboration, often missed, can be a viable and sustainable alternative. Insead
  • Art Degree Not Needed: New Sotheby’s CEO Offers Technology Savvy: Bloomberg
  • In shadow of power and glory; Men constantly seek power and glory. Once you taste that nectar, there is no turning back. It is like an addiction. KH
  • FT: Business pioneers in industry, technologyfashion & retail, transportfinance
  • Boost Your Innovation Confidence; Know your customers, understand new technologies, embrace failure, then take a leap of faith. Strategy&
  • S.E.C. Charged Financier Lynn Tilton of Defrauding Investors for allegedly hiding the poor performance of loan funds her firm managed, and collecting almost $200m in fees that it did not deserve: FT, NYT
  • CIA interrogation techniques exported to the workplace: FT
  • Who bears the risk of education innovation: Forbes
  • A new lesson in teaching: The day we have teachers we can trust across education systems, that is when true education innovation will begin to bear fruit. Forbes
  • The 100 Most Trustworthy Companies In America: Forbes
  • Two Ways to Clarify Your Professional Passions: HBR
  • Lee Kuan Yew, truly the father of Changi airport: BT

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Bamboo Innovator Daily Insight: 30 Mar (Mon) – “Light that has guided us has been extinguished”, says PM Lee in eulogy of Lee Kuan Yew; “Mr. Lee taught people how to fish and brought fish to Singapore waters”; “What people think of it, I have to leave to them. It is of no great consequence. What is of consequence is, I did my best.”

Remembering Lee Kuan Yew

  • Lee Kuan Yew: I did my best: AsiaOne
  • “Light that has guided us has been extinguished”, “He wrote us long and thoughtful letters sharing advice on how to make our marriages successful,” says PM Lee in eulogy: AsiaOne
  • “Mr. Lee taught people how to fish and brought fish to Singapore waters.” Singapore Turns Out for Lee Kuan Yew’s Funeral; Thousands line streets in tropical rain to say farewell to Singapore’s founding prime minister: WSJ
  • Malaysians yearn for a Malay version of Mr Lee: AsiaOne
  • The great American disconnect: In Silicon Valley, ‘fail harder’ is a motto. In Washington a single miscue can ruin your career: FT

Life

  • Mental Models: The Mind’s Search Algorithm: Farnam
  • The Books That Influenced Thomas Schelling: Farnam
  • David Graeber: ‘So many people spend their working lives doing jobs they think are unnecessary’; The anarchist author, coiner of the phrase ‘We are the 99%’, talks to Stuart Jeffries about ‘bullshit jobs’, our rule-bound lives and the importance of play: Guardian
  • Tycoon Li Ka-shing Looks to Israel for Innovation: WSJ
  • To topple a dynasty: Kung Fu rebels and the cycle of history: Fightland
  • A Special Forces Officer Teaches You 5 Secrets To Overcoming Adversity: EB
  • Are you a leader, or just the boss?: FP

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Bamboo Innovator Daily Insight: 29 Mar (Sun) – How Mr Lee Kuan Yew’s State Funeral is being marked around the world; Mr Lee Kuan Yew’s state funeral will be a moment for all to share together

Remembering Lee Kuan Yew

  • How Mr Lee Kuan Yew’s State Funeral is being marked around the world; Mr Lee Kuan Yew’s state funeral will be a moment for all to share together: PM Lee: CNA, TODAY

Life

  • 13 fascinating things you never knew about Steve Jobs from a new book about his life: BI
  • A Seizure of Happiness: Mary Oliver on Finding Magic in Life’s Unremarkable Moments: BP
  • Sense of Nonsense: Alan Watts on How We Find Meaning by Surrendering to Meaninglessness: BP
  • Remarkable Commencement Addresses by Nora Ephron, David Foster Wallace, Ira Glass, and More: BP
  • Complex Systems and the ‘Rashomon Effect’: WSJ
  • Learning to See Data: NYT
  • Ethical indiscretions and missteps: The slippery slope is all downhill: Forbes
  • Elon Musk explains why living off a dollar a day as a teenager convinced him he could do anything he wanted with his life: BI
  • The Brain’s Empathy Gap: Can mapping neural pathways help us make friends with our enemies?: NYT

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Bamboo Innovator Daily Insight: 28 Mar (Sat) – ‘Mr Lee Kuan Yew thought about others, even when he was sick’; Lee Kuan Yew, the Man Who Remade Asia; He preached ‘Asian values’ and turned a tiny, poor city-state into an astonishing economic success.

Remembering Lee Kuan Yew

  • ‘Mr Lee thought about others, even when he was sick’: AsiaOne
  • Lee Kuan Yew, the Man Who Remade Asia; He preached ‘Asian values’ and turned a tiny, poor city-state into an astonishing economic success. Is Lee’s ‘Singapore model’ the future of Asia?: WSJ
  • The wise man of the East: Authoritarians draw the wrong lessons from Lee Kuan Yew’s success in Singapore: Economist
  • Mr Lee Kuan Yew ‘embodied frugality in personal life, government’: TODAY
  • Singapore: Life after Lee; The death of its founding father has triggered questions over the future of the tightly controlled city-state: FT
  • An exacting boss who drove his people to do their very best: ST
  • Lee Kuan Yew’s Son Faces a Changing Singapore; Prime Minister Lee Hsien Loong grapples with eroding support for the party founded by his father: WSJ
  • Lee’s ‘rule by virtue’ : JP
  • A Tale Of Two Economies: Singapore And Cuba: VW

Life

  • Spanx founder Sara Blakely reveals her secret for coming up with million dollar ideas: BI
  • Top entrepreneurs go back to school with Alibaba mega success Jack Ma: AsiaOne
  • The Surface of the Earth Is Rising Beneath Your Feet: Bloomberg
  • Top 10 Australian family businesses: CampdenFb
  • 10 Things to Remember When You’re Struggling and Feel Stuck: TinyBuddha
  • The Key to Loving Yourself, Other People, and Life: TinyBuddha
  • The world is going to university: More and more money is being spent on higher education. Too little is known about whether it is worth it: Economist
  • This is the biggest factor keeping planes from fully flying themselves: BI
  • The Hermès chief executive talks about harvesting handbags, his Protestant work ethic and the culture of craftsmanship: FT
  • How solution economy can solve bigger economic problems: Forbes
  • Eight ways to find the true passion in life that has eluded you: Telegraph
  •  The Most Productive Way to Develop as a Leader: HBR
  • Building a Collaborative Enterprise: HBR

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Bamboo Innovator Daily Insight: 27 Mar (Fri) – Commander of his stage: Lee Kuan Yew

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is back online after seven days of technical problems.

Remembering Lee Kuan Yew

  • Singapore to Carry Forward Lee Kuan Yew’s Business-Friendly Legacy; Businesses say Lee Kuan Yew’s policies and philosophy will outlast the elder statesman: WSJ
  • Kuan Yew and I: Dr Mahathir Mohamad: AsiaOne
  • Lee Kuan Yew as the ultimate entrepreneur in 10 quotes: e27
  • Commander of his stage: Lee Kuan Yew: Economist
  • Lee Kuan Yew’s Bad Prescription for India: Bloomberg
  • A leader unfazed by politically sensitive questions: BT

Life

  • Stanford’s most popular class isn’t computer science-it’s something much more important; It’s called “designing your life” – by reintroducing methods of “forming you into the person that will go out into the world, effect change, and be a leader.” FastCo
  • Apple’s Tim Cook will give away all his money; “You want to be the pebble in the pond that creates the ripples for change”: Reuters
  • Apple’s Tim Cook leads different: Fortune
  • Here’s why successful people build careers like Leonardo da Vinci: BI
  • Hey, Leaders: Stop Thinking So Much and Just Do It: Strategy&
  • Who are the world’s best leaders? Why Obama isn’t on Fortune’s World’s Greatest Leaders list: Fortune, Fortune2
  • How this ‘night owl’ CEO created a morning routine that makes her a better leader during the day: BI
  • Munger: “What do you think a derivatives trading desk is? It’s a casino in drag. They make the witch doctors look good.”: Bloomberg
  • What Jeff Bezos did when this new Amazon employee made a huge mistake: BI
  • 5 surprising insights about Steve Jobs’s management style; “He didn’t care what the public thought of him. At times, he was surprised to have hurt someone’s feelings.”: Fastco
  • How sleep became a social justice issue: Fastco
  • ‘It’s OK If They Copy Us’: Google’s HR Chief On The Upside Of Giving Away Staffing Secrets: Forbes
  • The story of Polaroid: Behind the instant-photography pioneer there stood a great man: Economist
  • Towers of Babel: Is there such a thing as a skyscraper curse?: Economist
  • Milk and economic development: No use crying; The ability to digest milk may explain how Europe got rich: Economist
  • Meet the Father of Zero-Based Budgeting: Pete Pyhrr’s strategy reached the White House in 1970s, then almost disappeared; now Heinz, Kraft are adopting it: WSJ
  • 22 successful entrepreneurs share their best productivity hacks: BI
  • Rival Rothschild branches face court battle over family name: FT
  • Why Group Brainstorming Is a Waste of Time: HBR
  • The Five Key Reasons Why You Procrastinate: Forbes

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Bamboo Innovator Daily Insight: 26 Mar (Thurs) – Lee Kuan Yew: Devoted husband and caring father

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is back online after seven days of technical problems.

Remembering Lee Kuan Yew

  • Lee Kuan Yew: Devoted husband and caring father: AsiaOne
  • In Lee’s death, Singapore efficiency shines through: AsiaOne
  • Remembering Lee Kuan Yew, the candid leader: AsiaOne
  • Jon Huntsman: What I learnt from Lee Kuan Yew: BT
  • Former Senior Minister of State: ‘If you won his trust, he wouldn’t question you’: AsiaOne
  • Journey with a master teacher: AsiaOne
  • What Comes After Lee Kuan Yew?: PS
  • Singapore, the Nation That Lee Kuan Yew Built, Questions Its Direction: NYT

Life

  • Mark Cuban shares the most important lesson he learned in his 20s; “Most people won’t put in the time to get a knowledge advantage”: BI
  • Sam Walton’s Rules For Building A Business: VW
  • Why Shake Shack founder Danny Meyer makes all of his new executives bus tables: BI
  • The amazing rags-to-riches story of Li Ka-Shing, Asia’s richest man: BI
  • Inside Google’s insanely popular emotional intelligence course: Fastco
  • 5 Lessons On Innovation From Modern-Day Explorers And Adventurers: Fastco
  • The higher people rise at work, the more they are flattered and the less they hear honest criticism: FT
  • Wanted: flexible corporate strategies for fast times; Frameworks used by managers are worn and compelling new theory is rare: FT
  • Delighting in the possible: In an unpredictable world, executives should stretch beyond managing the probable.: McKinsey

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Bamboo Innovator Daily Insight: 25 Mar (Wed) – Lee Kuan Yew’s Power of Forgiveness

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.

Remembering Lee Kuan Yew

  • Lee Kuan Yew’s Power of Forgiveness; When it came to the sins of the past, the prime minister put the future of Singapore first: WSJ
  • Mr Lee Kuan Yew and his red box: TODAY
  • LKY: A leader who’s ruthless in demanding honesty: AsiaOne
  • All roads lead to Singapore: Asians study Lee Kuan Yew’s mantra: Reuters

Life

  • Six Books Bill Gates Recommended For TED 2015: VW
  • A Conversation With the Authors of ‘Becoming Steve Jobs’: NYT
  • 6 Rules for Building and Scaling Company Culture: HBR
  • Why Family Firms in East Asia Struggle with Succession: HBR
  • Collaboration, from the Wright Brothers to Robots: HBR
  • 9 habits of exceptional leaders, according to the classic book ‘How to Win Friends and Influence People’: BI
  • All dictators live ‘in fear,’ former Libyan PM says; “When you oppress people, when you do wrong to others, you cannot live happily”: JA

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Bamboo Innovator Daily Insight: 24 Mar (Tues) – The World Loses A Wise Voice During Troubled Time; Lee Kuan Yew made Singapore an economic powerhouse, demonstrating that the key is creating an environment in which human ingenuity can thrive

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.

Remembering Lee Kuan Yew

  • The World Loses A Wise Voice During Troubled Time; Lee Kuan Yew made Singapore an economic powerhouse, demonstrating that the key is creating an environment in which human ingenuity can thrive: Forbes
  • Henry A. Kissinger: The world will miss Lee Kuan Yew: WaPo
  • Can-Do Lee Kuan Yew: NYT
  • What Would Lee Kuan Yew Do?: NYT
  • Singapore’s Evolution: Lee Kuan Yew astutely evaluated any political or economic dogma that ran counter to his goals. WSJ
  • Lee Kuan Yew and Tongil rice; ‘When the farmers are full, that’s the end of Communist revolution.’ – Lee Kuan Yew: JA
  • The city state of Singapore braces itself for challenges to come; Political rumblings in Singapore can be heard, writes Kishore Mahbubani: FT
  • In China and West, contrasting views on legacy of Singapore’s patriarch: WaPo
  • Lee Kuan Yew’s Mixed Legacy in Singapore: NYT
  • China’s Love of Lee’s ‘Singapore Model’ Ran Deep for Decades : Bloomberg

Life

  • 17 of our favorite Steve Jobs quotes from the new book about his life: BI
  • The CEO of Popeyes says becoming a ‘servant leader’ helped her turn around the struggling restaurant chain: BI
  • People are turning to education for entertainment, whether from online lectures, learning vacations or television, for the love of learning new things and to stay economically viable.: NYT
  • 6 Leadership Failures That Put Your Company at Competitive Risk: Forbes
  • How Atari’s Nolan Bushnell turned down Steve Jobs’ offer of a third of Apple at $50,000: TheAge
  • A Manifesto for Makers: The maker ethos is not unlike that of the athlete and can be found in faraway Russia or the local Maker Faire, says veteran engineer Lee Felsenstein.: EE
  • The top 10 words of TED2015: TED
  • University reforms will lead to new beatnik generation as students shun the hard degrees: Mark Carnegie: BRW
  • Warren Buffett: Berkshire’s success has almost everything to do with being based in the US: BI
  • The best lessons from ‘Art of War,’ a book Evan Spiegel bought Snapchat employees when he felt threatened by Facebook: BI
  • Billionaire designer Tory Burch shares the best advice she ever got: BI
  • 10 Principles of Organization Design: These fundamental guidelines, drawn from experience, can help you reshape your organization to fit your business strategy.: Strategy&

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Bamboo Innovator Daily Insight: 23 Mar (Mon) – Mr Lee Kuan Yew was committed to a cause greater than himself: President Tony Tan; 穿越旷野的风 您慢些走 新加坡的夜 那么静那么静 连风都听不到听不到

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.

Remembering Lee Kuan Yew

  • Mr Lee Kuan Yew was committed to a cause greater than himself: President Tony Tan: TODAY
  • LKY: The economic pragmatist; He was a man unafraid to challenge the popular ideologies of the day; he had no truck with dogma. Right up to the end of his life, LKY believed in constantly adapting to the hard realities of a changing world: TODAY
  • Singapore After Lee Kuan Yew: Future Is Uncertain For The Utilitarian Paradise He Created: Forbes
  • Lee Kuan Yew: China watcher who offered Beijing a model: FT
  • The great persuader: He did not crave to be popular; rather, Mr Lee Kuan Yew sought to persuade people to see his point of view. TODAY
  • After Lee, Singapore Needs a Rethink: Bloomberg
  • An Expat Ponders Lee Kuan Yew’s Legacy & Asks: Is the Singapore Model Scalable?: WSJ

https://www.youtube.com/watch?v=rH7fiOTyEqc

Life

  • Dyson invests £12m to create new engineering school; The Dyson School of Design Engineering, based in South Kensington, has been set up to address the ‘dearth’ of UK engineers: Telegraph
  • Stop waiting for the muse to arrive and make something new; Creativity tips from tech entrepreneur Kevin Ashton: FT
  • Goethe’s Aphorisms: Farnam
  • Speeches – Ten Rules to Utilize: Farnam

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Bamboo Innovator Daily Insight: 22 Mar (Sun) – Why Steve Jobs’s legendary Stanford commencement ceremony almost never happened

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.

Life

  • Why Steve Jobs’s legendary Stanford commencement ceremony almost never happened: FastCo
  • Walter Benjamin on Information vs. Wisdom and How the Novel and the News Killed Storytelling: BP
  • World’s Best CEOs: Barron’s 11th annual list adds eight bosses, but includes only two from our first list, after a turbulent decade that’s been tough on CEOs. Barron’s1, Barron’s2
  • Goodbye, math and history: Finland wants to abandon teaching subjects at school: Quartz
  • Few Companies Actually Succeed at Going Global: HBR
  • In Defense of Boredom: 200 Years of Ideas on the Virtues of Not-Doing from Some of Humanity’s Greatest Minds: BP
  • ‘Disruptive innovation key to become world beaters’: Forbes
  • In Italy, They’re Now Taxing Shadows: Zerohedge

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Bamboo Innovator Daily Insight: 21 Mar (Sat) – Dear Teacher, A Video Game Developer Is A Real Job And Should Be Celebrated; Simply knowing that there is a framework of code behind Minecraft or Crossy Road is nearly as important as knowing how to code it. This knowledge removes the mysticism of computers

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.

Life

  • Dear Teacher, A Video Game Developer Is A Real Job And Should Be Celebrated; Simply knowing that there is a framework of code behind Minecraft or Crossy Road is nearly as important as knowing how to code it. This knowledge removes the mysticism of computers: Techcrunch
  • Why engineers loved working for Steve Jobs; Steve challenged them in ways they had never imagined. No one else in the computer business had such radical goals and expectations; no one else seemed to care so much about their work. BI
  • Jony Ive describes the moment he stopped fearing Steve Jobs; “But to hear his introduction of me to the whole of Pixar, I realized that he really understood what I was try to achieve at an emotional level. At some level, he know what I was trying to articulate”: BI
  • Students learn on own initiatives: KT
  • Finding Success, Well Past the Age of Wunderkind; Through the arts, education and other pursuits, more people are experiencing late-life rebirths that are rewarding creatively, emotionally and spiritually. NYT
  • Jokowi Jets to Yogya to Reflect on Meaning of Life: JG
  • 10 Steps to Access Your Goodness and Change Your Life: TinyBuddha
  • Why You Shouldn’t Wait For Others to Validate Your Decisions; “Do not let another day go by where your dedication to other people’s opinions is greater than your dedication to your own emotions!”: TinyBuddha
  • Why We Get Attached to Our Struggles and Who We Could Be Without Them: TinyBuddha
  • Freeing Yourself from Fear: 4 Lessons from Anxiety;  “The only journey is the one within.” ~Rainer Maria Rilke: TinyBuddha
  • Gilding the Sheepskin: It is possible to have a good life-even a great one-without attending the college of your choice. Who knew?: WSJ
  • Music Education Needs to Be a Click Away: WSJ
  • Cannibalisation the only way to beat cheaper competitors, says professor: SCMP
  • Why Islam Needs a Reformation: To defeat the extremists for good, Muslims must reject those aspects of their tradition that prompt some believers to resort to oppression and holy war: WSJ
  • How We Learn to Be Afraid of the Right Things: Alison Gopnik on research that shows how humans (and rats) set up protected spaces for children to deal with the dangerous adult world: WSJ
  • The Slippery Slope to Extinction: Neanderthals had bigger brains, sharper vision and were better adapted to the environment than homo sapiens. How did we replace them as Eurasia’s apex predator? WSJ
  • Young Financier’s Insurance Empire Collapses: Investments of insurance companies owned by Southport Lane Management were swapped for unusual and sometimes worthless assets: WSJ
  • Rise of the machines: is there anything to fear? What happens when ultra-intelligent computers begin to improve themselves? We should not assume they’ll have our best interests at heart: FT
  • Rifat’s prison sentence indicates front running’s time is up: FT
  • A degree of creativity; ‘Vocational degrees provide skills that can become outdated or be replaced by robots”: FT
  • The 3 most important things to know if you’re managing half a million employees: BI
  • How one man went from collecting unemployment to owning a burger chain with hundreds of locations: BI
  • What’s Wrong with Finance: MH
  • Overnight viral sensations: good lessons and great opportunities for marketers: NM

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
  • Audits alone can’t solve all: TheStar
  • Cash flow, and not cash, is king; 1MDB has cash and bank balances of RM3.85bil and another RM12.89bil of investments that are deemed as “available-for-sale” but had to rely on a RM950mil standby credit facility from the Government: TheStar

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
  • Goldin Financial’s meteoric gains raise questions over what is fueling the rally: WSJ
  • China Regulator Urges Caution as Stocks Jump to Seven-Year Highs: Bloomberg
  • China’s Trial-and-Error Economy: PS

Japan & Korea

  • Inside Korea’s DIY home decor craze; “Shoppers these days are disappointed when I only show them classic designs that they can find elsewhere. They’re all looking for something that’s one-of-a-kind.” : KH
  • Home furnishing market flourishes: Challenged by Ikea, Korean furniture makers transform into ‘lifestyle brands’: KH
  • Prosecution to seek warrant for POSCO E&C’s ex-Vietnam head: KH
  • Hyundai marks anniversary of founders’ death: JA

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
  • Malaysia has seen only small-scale forensic accounting cases, mostly in the form of investigation audits done on Practice Note 17 companies, which has surged since 2000. TheStar
  • Auditing the Auditor-General: Is the Public Accounts Committee equipped to assess the work of Ambrin who has been tasked with verifying the books of 1MDB from 2009?: TheStar
  • More moves to curb housing loans seen in Malaysia: TheStar
  • AEC effects unlikely to be seen for years, meet told: NM

Macro

  • Investors Embrace ETFs That Hedge Against a Strong Dollar; As the dollar has risen, investors have pumped billions into foreign-stock funds that shelter their returns from currency swings: WSJ
  • The Global VAT Craze: A new study shows how the value-added tax is rising world-wide. WSJ
  • While Regulators Fiddle, Avoid Getting Burned: WSJ
  • How to Pick a Stock Picker: It’s tough to predict which active manager will beat the market. Here’s one way to improve the odds: Look for low fees. WSJ
  • Newcomers jump into activist investing, eying returns and capital: Reuters
  • Why Washington drives innovators and entrepreneurs nuts: WaPo
  • How Scary Is the Bond Market?: PS
  • We’re Frighteningly in the Dark About Student Debt: NYT

TMT

  • Technical Hurdles Delay Drone Deliveries; Battery life and weather at least as daunting as pending regulation, say developers: WSJ
  • YouTube Wasn’t Created As A Music Service, We Turned It Into One: Forbes
  • Meet the man whose utopian vision for the Internet conquered, and then warped, Silicon Valley: WaPo
  • Here’s some interesting gossip about how Microsoft could make more money from Windows: BI
  • The tech formula: Nasdaq = small caps + Apple: FT

Healthcare

  • Japan’s outsized demand for fertility treatment helps explain why shares of OvaScience, a fertility company based near Harvard University in the U.S., have more than tripled this year : Barron’s1, 2

Consumer & Others

  • From Warren Buffett to Bill Gates: How auto dealerships are attracting a whole new class of investor: FP
  • Starbucks aims to brew the right thing; A model for those seeking to create brand ‘narrative’ in this brave new media world: FT
  • The fairytale success of Swarovski; The brand’s association with films and fashion has put sparkle into sales: FT

Bamboo Innovator Daily Insight: 20 Mar (Fri) – Speak Honestly, Lead Honorably; Tim Cook on Apple’s future: everything can change except values

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.

Life

  • Speak Honestly, Lead Honorably: Strategy&
  • The Intangible Corporation: Bloomberg
  • The difference between commitment and technique; Great teachers teach commitment. SethGodin
  • Five Ways Your Financial Adviser Can Screw Up Your Retirement, Legally: Bloomberg
  • Why positivity is the worst response to a problem: FastCo
  • College for a New Age: NYT
  • Today’s Anxious Freshmen Declare Majors Far Faster Than Their Elders; Weak job market and high debt loads prompt broad shift away from intellectual exploration; “People don’t go to college anymore to be fulfilled or to gain life perspective”: WSJ
  • The business of business: An old debate about what companies are for has been revived: Economist
  • The revolution that could change the way your child is taught: Guardian
  • Leighton to change name to CIMIC in wake of corruption allegations, shedding an Australian brand that has existed for more than 60 years: TheAge
  • The grim reality of start-ups: 95 per cent fail: TheAge
  • There is widespread “mischief” and even “abuse” in how financial services firms treat a key system for detecting misconduct, ASIC says. TheAge
  • Productivity guru David Allen shares his 3 best tricks for saving time: BI
  • A poster boy for dogged resilience: Gyr King rebuilt his art prints business after a fire but advances in technology require constant vigilance: FT
  • 12 Habits of Exceptional Leaders: Forbes
  • The World’s Most Ethical Companies 2015: Forbes

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
  • China Tells Internet Firm Ex-Boss, under investigation for alleged securities rules violations, to come back to the country as it seeks to avert a second corporate default in the onshore bond market. Bloomberg
  • CVC Capital has secured a court order freezing the assets of a flamboyant Chinese restaurant owner who sold a majority stake in her company to the European private equity group last year for $300m. FT
  • Chinese Firms Shift Investment From Mines to Trophy Assets; head of China’s mining association estimated that 80% of all overseas mining deals had failed: WSJ
  • The Great Chinese Car Casino: Bloomberg
  • Aberdeen Sees Bubble Valuation in China Stock-Market Leaders: Bloomberg
  • Xiaomi Widens Smart-Home Push to India With Air Purifier: Bloomberg
  • Will that be all, sir? Butler business booms in China: AsiaOne
  • SFC outlines conditions for dual-share listings: SCMP
  • China’s Anti-Corruption Agents Knock Again on PetroChina’s Door: Bloomberg
  • China Needs More Creativity As it shifts from being the world’s factory to a source of innovation: Bloomberg
  • HK SFC chairman Carlson Tong Ka-shing said a “sunset clause” could be considered should there be any change to the “one share, one vote” principle the first time the watchdog has expressed any willingness to alter the mechanism: Standard
  • In Wake Of Kuaidi-Didi Merger, Uber Faces An Even Tougher Battle In China: Forbes
  • Salvatore Ferragamo, the Italian fashion house, said it had blocked, seized or destroyed more than 100,000 fake products in a “fierce global battle against counterfeiting” focused on China and the internet. FT
  • No Gain Without Pain for China’s Flabby SOEs; The urge to reform state-owned enterprises is at risk of waning as Beijing focuses on bolstering growth.: Barron’s
  • Bacardi Launches Tea-Distilled Liquor in China; Spirits maker to sell ‘Tang,’ a light-green alcohol made from green tea leaves, in upscale restaurants: WSJ
  • What’s Wrong With China’s Army?: Bloomberg
  • For Hong Kong, a chill sets in as rich China tourists shop elsewhere: Reuters

India

  • Indian Companies Look to Wives to Fill Female Board-Member Requirement: WSJ
  • Modi Sees Shiny Cities in India’s Future: NYT
  • India’s troubled opposition: The son also disappears; Congress, the party that long defined Indian politics, is in free fall: Economist
  • Paper planes, parents help Indian pupils outsmart state exams: AsiaOne
  • 5 Indian Bottom of Pyramid-focussed tech startups you should meet: e27
  • The stalled Alibaba-Snapdeal deal is proof India’s e-commerce valuations are insane: Quartz
  • Corruption might hinder ‘Make in India’: Deloitte’s James Cottrell: Forbes
  • India Tackles Messy Web of Sales Taxes; Single levy would replace wildly varying regimes that snarl shipments in red tape: WSJ
  • Modi Sees Shiny Cities in India’s Future: NYT

Japan & Korea

  • LG CEO vows to step up innovation; Tech giant aims to be No. 1 in global home appliance market: KH
  • Expensive Korean stocks come under pressure to split: KH

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
  • Bursa Securities raps, fines remisier RM312,000 for manipulation in numerous counters/securities. theStar
  • Asia ’98 Recalled as Currency Losses Engulf Top-Ranked Singapore: Bloomberg
  • Myanmar military to maintain political role, president says: Reuters
  • Chang Beer maker debuts 30 cent tea: Nikkei

Macro

  • SEC Joins Battle on Broker Bias That Could Remake Industry: Bloomberg
  • Sri Lanka PM seeks probe into stock market’s insider trading: AsiaOne
  • SEC Whistleblower Retaliation Push Could Face Challenge: WSJ
  • How an Ex-Moore Trader Got Caught in the Most Complicated Insider Trading Investigation in British History: bloomberg
  • Bitcoin Scammers Run Off With $12 Million: “Going to The Caribbean. Hope You Guys Understand”: Zerohedge
  • America’s Hispanics: From minor to major; One American in six is now Hispanic, up from a small minority two generations ago. By mid-century it will be more than one in four. Have faith in the melting-pot: Hispanic-America’s rise is a tremendous opportunity: Economist1, Economist2
  • Attack of the bean-counters: Lawyers beware: the accountants are coming after your business: Economist
  • The Algosaibi affair: A Saudi saga; Six years on, the claims arising from a huge corporate scandal in the Gulf are still being fought over: Economist
  • The war against Islamic State: The caliphate cracks; Though Islamic State is still spreading terror, its weaknesses are becoming apparent: Economist
  • Mismatch point: The rise of the dollar will punish borrowers in emerging markets: Economist
  • Notaries: The princes of paperwork; A highly regulated profession fights to preserve its privileges: Economist
  • A leap in the dark: How will investors react to America’s first rate increase in nine years?: Economist
  • The role of government bonds as an asset class is changing: Economist
  • Debt-ridden emerging markets are heading for a nasty dollar hangover: Economist
  • Quicksilver markets can catch out the unwary; Charts imply that equities are in bubble territory comparable to patterns in 1929, 2000 and 2007: FT
  • How Foreigners Became America’s Financial Regulators: WSJ

Energy & Commodities

  • In a World Awash With Crude Oil, Storage Companies Are Kings: Bloomberg
  • Why Shale Producers Still ‘Pump and Pray’: Bloomberg
  • No Relief Seen for Malaysia’s Energy Stock Drop on Earnings: Bloomberg
  • Non-U.S. Shales Prove Difficult to Crack; Exxon, Shell and others are pulling back from once-promising shale finds in Europe, Asia: WSJ

Healthcare

  • New Hope for Stroke Boosts Demand for Device to Nab Clots: Bloomberg
  • Scientists Seek Ban on Method of Editing the Human Genome: NYT
  • Big Pharma Needs to Get Busy in the Lab; Blanket generalizations about biotech firms being more efficient are unfounded. WSJ
  • U.S. Recovers $3.3 Billion in Federal Health-Care Fraud; Obama administration steps up efforts to prevent Medicare fraud, not just uncover it: WSJ

TMT

  • Tim Cook on Apple’s future: everything can change except values: FastCo
  • The rise of the ecommerce enablers; With the ecommerce market booming, ancillary firms that provide logistical support from payments to delivery are becoming an investor destination: Forbes
  • How The Netflix Model Can Screw Filmmakers: Forbes
  • Tag Heuer, Intel challenge Apple with Android smartwatch: Reuters
  • Fifty-seven million Latinos are a mighty market for the media: Economist
  • “VIACOM is me. I’m Viacom. That marriage is eternal, for ever,” Sumner Redstone, a media mogul, once said about his firm. “For ever” is a relative concept. In May Mr Redstone will turn 92: Economist
  • The log-on degree: College in America is ruinously expensive. Some digital cures are emerging: Economist
  • Mobile payments: Unfriending cash; Facebook enters the booming market for mobile payments: Economist
  • Founder Wang takes over as CEO as Taiwan’s HTC seeks turnaround: Reuters
  • Tim Cook explains how Apple decides which new products to work on next: BI
  • How Tim Cook implants Apple’s culture into new employees: BI
  • Internet TV: the cord cutters bringing some sanity to US viewing: FT
  • This company dominates the virtual reality business, and it’s not named Oculus: Fortune

Consumer & Others

  • Under Armour Is the NCAA Tournament’s Real Cinderella Story: Bloomberg
  • Spicy Chicken Billionaire Springs From South Africa With Nando’s: Bloomberg

Bamboo Innovator Daily Insight: 19 Mar (Thurs) – An Ancient Civics Lesson: How Athens and Rome empowered the poor; China’s debt situation is genuinely scary-and getting worse

Notice: The website AsianExtractor: Unearthing Accounting Fraud in Asia (www.AsianExtractor.com) is down on technical issues and we are trying to resolve the problem asap.

Life

  • How to Build a Strategy for ‘the Long Game’: K@W
  • An Ancient Civics Lesson: How Athens and Rome empowered the poor. NYT
  • A Dozen Things I’ve Learned from David Tepper about Investing: 25iq
  • Interview with Marc Cohodes: Famous short-seller shares his favorite ideas/managers and life lessons: FirstAdopter
  • When you’re building a new company, getting the word out is critical. WSJ
  • PowerPoint Karaoke Brings Stress Relief to Silicon Valley’s Embattled Office Workers: WSJ

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
  • China’s debt situation is genuinely scary-and getting worse: Quartz
  • Tribunal begins hearing case of short-seller who alleged developer Evergrande was insolvent; Evergrande gets $16 billion credit line bailout on March 17 to shore up one of the country’s largest and most heavily indebted home builders: SCMP
  • Li Ning reports loss of 781 million yuan as founder takes reins: SCMP
  • Hong Kong-linked company appears on Thai SEC alert list for conducting securities and derivative business without a licence from the commission. SCMP
  • Yahoo Pulls the Plug on China Operations; Internet giant lays off 200-300 employees and closes Beijing research center: WSJ
  • CKH Holdings shares rise as reorganisation begins: SCMP
  • Starbucks partners drinks maker Tingyi to expand in China: Reuters

India

  • Metropolis’ Chain of Diagnostics Labs Pushes for Growth Across India and Africa: Forbes
  • Inside India: India’s Fight Against Big Pharma Patents Is a Just War: WSJ

Japan & Korea

  • Former Posco Group Chairman Chung Joon-yang allegedly invested some trillions of won in questionable mergers and acquisitions during his term; Posco probe shifts to its subcontractors: JA1, JA2
  • Lotte Group’s shopping subsidiary is being investigated for allegedly creating a slush fund, prosecutors said: KT
  • Japan’s Accounting Problem: PS
  • These Japanese Engineers Invented $7,900 Bike Wheels: Bloomberg
  • Father Fights to Oust CEO Daughter From Japan Furniture Chain: WSJ

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
  • Share manipulation scheme unveiled? Ex-staffer behind selling of Civmec shares? BT
  • When 28% shareholding is a majority at an AGM… When only 55 per cent of issued shares are voting, which is the average at general meetings by Singapore-listed companies in 2014: BT
  • How Singapore’s Lifebrandz lost its shine: AsiaOne
  • Singapore tries to imagine a future without its founder, Lee Kuan Yew: WaPo
  • Thai former PM Yingluck to face trial over rice scheme: court: AsiaOne
  • Thailand’s outdated tech sector casts cloud over economy: Reuters

Macro

  • Review Of SEC Enforcement Developments In 2014, And A Look Forward: WilmerHale
  • In Praise of Short Sellers: Newyorker
  • The Nonprofit Behind Billions in Mortgage Aid Is a Mess: Bloomberg
  • Paris Ghetto With Views But No Jobs Shows Decades of Failures: Bloomberg
  • Life After Loopholes Forces Luxembourg to Rethink Its Future: Bloomberg
  • Hedge fund guru Crispin Odey says following China could lead to recession: SMH
  • Federal Reserve decision: Fed signals that higher interest rates are coming: WaPo
  • Asia can grow by learning from itself: ChinaPost
  • Germany’s Mittelstand bond market is being overhauled in an effort to improve transparency for investors following a reputation-damaging wave of defaults and insolvencies. FT
  • Negative gearing: a legal tax rort for rich investors that reduces housing affordability: Guardian
  • Stanford Endowment Pauses Plan for Asia Office: WSJ
  • Investors Raise Alarm Over Liquidity Shortage; Regulators also worried falling trading volumes could disrupt markets: WSJ
  • Are emerging markets about to suffer another ‘taper tantrum’?: SCMP
  • Here Is Why The Fed Can’t Hike Rates By Even 0.25%: Zerohedge

Energy & Commodities

  • Mining companies shedding jobs by the thousands: TheAge
  • The New Equation for Oil Prices: WSJ
  • Banks Struggle to Unload Oil Loans; Citigroup, Goldman, UBS and others face losses as investors balk at riskiness of energy sector: WSJ

TMT

  • Could Apple become the next Comcast? WaPo
  • The rise of the ecommerce enablers; With the ecommerce market booming, ancillary firms that provide logistical support from payments to delivery are becoming an investor destination: Forbes
  • Robots rub shoulders with human buddies: FT
  • Internet of Things means never having to search again: Fortune
  • What StoryCorps should do next; Text would be the logical next move for the audio storytelling phenomenon. Google and Microsoft could help. Fortune
  • Tim Cook: It’s critical that Apple do everything it can to stay informal. Fortune
  • LVMH’s Tag Heuer surfs wave of smartwatch partnerships: Reuters

Healthcare

  • Bill Gates on a global epidemic: ‘Time is not on our side’: Fortune

Consumer & Others

  • Cotton On tells staff to keep it real or face the sack; Since being created in 1991, Cotton On has grown rapidly with more than 1300 stores and offices around the world. TheAge
  • From Paris, the Anti-Tesla That Costs 20 Cents a Minute: Bloomberg
  • Starbucks will test delivery services in New York, Seattle this year: Fortune
  • What Is Coke CEO’s Solution for Lost Fizz? More Soda; Despite changing consumer tastes, Muhtar Kent pushes strategy to sell more cola: WSJ

Bamboo Innovator Daily Insight: 18 Mar (Wed) – Bill Gates recommends you read this specific part of Warren Buffett’s letter and says this is the most important annual letter Buffett has ever written

Life

  • Bill Gates recommends you read this specific part of Warren Buffett’s letter and says this is the most important annual letter Buffett has ever written. BI
  • 5 important business lessons one man learned from successfully climbing Mount Everest: BI
  • Bill Gates: Steve Jobs would have made a ‘terrible’ Microsoft CEO: BI
  • Blackmores Chairman tells his board he sold 150,000 shares of his stock to buy himself yacht: BI
  • Here’s the remarkably simple secret to forming lifelong habits: BI
  • Here’s how Steve Jobs told Tim Cook he was going to be the CEO of Apple: BI
  • Here’s the first chapter of the business book Bill Gates says is the best he’s ever read: BI
  • Here’s a guide to body-language etiquette around the world: BI
  • Here’s how one psychologist learned to use her anxiety to make better decisions: BI
  • Buffett’s childhood home on Airbnb: KT
  • Shangri-La developer makes journey from Afghan refugee to construction king: TheAge
  • Overthinking vs. Underthinking: Finding the Sweet Spot: Forbes
  • School admissions no measure of one’s worth: NYT
  • Managers Need to Make Time for Face Time: WSJ
  • What have we learnt in 100 years of relativity?: PS

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
  • China came THIS close to another massive property developer default; Chinese Developer Evergrande Gets $16 Billion Lifeline Amid Slump: BI, NYT
  • Kaisa Said Unlikely to Pay Coupons Wednesday, Thursday: Bloomberg
  • China Graft Probe Snares Another Developer After Kaisa: Bloomberg
  • China’s house price crisis is creating a perverse bailout bubble for property companies: BI
  • China: With friends like these; Beijing has lent billions to spread its influence, but as defaults loom its approach is shifting: FT
  • China Stocks Break 15-Year Link With Hong Kong as Rates Diverge: Bloomberg
  • Netflix’s Bold China Plan: Technode
  • China’s Tech Giants Taking On the Domestic Entertainment Industry: Technode
  • Xu Caihou and the demise of China’s ‘New Gang of Four’: WCT
  • China Invites Bids to Audit Offshore Assets; China’s oversight body for state assets is holding a tender to audit state companies’ overseas assets: WSJ
  • China in danger of reverting to cult-based politics: BT
  • China Promises Transparent Audit Of State Enterprises’ $690B In Overseas Investments: IBT
  • The Chinese government thinks it has found the answer to the country’s property market crisis; purchase unsold residential properties and convert these units into low-cost public housing to reduce inventory levels: BI
  • China must pardon corrupt officials, says author dubbed China’s John Grisham; He Jiahong, a legal expert says Beijing must focus on the causes of corruption rather than its symptoms or face ‘disaster’: Telegraph
  • China Investigates Former Senior Official of Shanghai Free-Trade Zone: WSJ
  • Is the Chinese dragon losing its puff?: CT
  • Lacklustre performance at NPC suggests Chinese provincial party boss Hu Chunhua’s star is fading: SCMP
  • Xi Jinping’s inner circle: The mishu cluster: Brookings
  • ‘Tigers and flies’ to ‘tigers and wives’: the other-halves of senior officials caught up in Xi Jinping’s anti-graft drive: SCMP
  • Party Investigates CNPC Executive Once Seen as Company’s Next Leader: Caixin
  • World not excited about China’s Belt and Road plan: TODAY

India

  • Modi’s Biggest Problem May Be the Banks: Bloomberg
  • Solar Parks on Fertile Land Are New Adversary of India’s Farmers: Bloomberg
  • 10 sharply focussed ecommerce players in India: Forbes
  • How ColdEx Logistics is climbing up the food chain: Forbes
  • India’s growing appetite for food service startups: Forbes
  • India plans IPO rule changes to lure homegrown start-ups: sources: Reuters
  • India’s Mahindra Enters Racing, but With Eye on Tesla: WSJ

Japan & Korea

  • Meet the Japanese gaming giant that’s going to save Nintendo: BI
  • Yamaha drives ahead with third attempt at four wheels: FT
  • Japan Inc gives biggest boost to base pay for more than a decade: FT
  • Japan Pensions Sell Record $46 Billion Bonds to Buy Stocks: Bloomberg
  • Prosecutors raided the head offices of the Korea National Oil Corp. (KNOC) and Keangnam Enterprises, Wednesday, as part of their widening investigation into allegations of corruption surrounding the failed “energy diplomacy” conducted under the Lee Myung-bak administration: KT
  • Coupang says unafraid of Amazon: KT
  • Shares in POSCO companies drop on slush fund investigations; Corruption bust should not be swayed by politics; the prosecution investigating suspected slush funds at the construction unit of POSCO is closing in on the conglomerate’s former CEO Chung Joon-yang and his associates: Maeil, KH
  • Korea’s top financial regulator will try to shift the center of the nation’s financial industry from the banking sector to the relatively weaker capital markets as part of a long-term restructuring plan.: JA
  • Korea’s Best Olympic Venue? Japan. Bloomberg
  • Toyota’s Measly $33 Won’t Save Japan: Bloomberg
  • Nintendo Finally Gets to the Next Level: WSJ

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
  • Fitch Sees More Than 50% Odds of Malaysia Downgrade on 1MDB: Bloomberg
  • Fund Flap Roils Malaysia; Clash between a former Malaysian leader and the current one over alleged mismanagement of the country’s troubled multi-billion-dollar national investment fund destabilizes the government: WSJ
  • Noble braced for next critique by mysterious research firm: FT
  • Old Man Thailand Feels Pain of Economic Arthritis: Bloomberg
  • Singaporeans pack JB nursing homes: AsiaOne
  • The Catalist conundrum which shows no sign of getting resolved: BT

Macro

  • ECB’s money printing may stymie cash generators: Reuters
  • Hedge Funder Dalio Thinks the Fed Can Repeat 1937 All Over Again: Bloomberg
  • CBA’s kickback scandal raises new questions about banking culture: TheAge
  • Fannie, Freddie could need another bailout as risks rise: watchdog: Reuters
  • Seeking a Cure for Raging Corporate Activism: Back from the 1980s, tenure voting is an intriguing but controversial idea to change how companies are run: WSJ
  • Investors Demand More Info on Board Skills: WSJ
  • Asia Steps Up Efforts to Reach the ‘Unbanked’; Governments from China to India are experimenting with novel ways to widen access to financial services: WSJ
  • Hedge Fund Manager Fears “Sudden, Pervasive Loss Of Faith” In Markets; Says “It’s A Truly Scary Time”: Zerohedge
  • S.E.C. Chief Voices Support for Higher Advice Standard for Brokers; Such a move would hold stockbrokers to a fiduciary duty standard, under which they must put their clients’ interests ahead of their own. NYT

Energy & Commodities

  • Fortescue pulls $2.5bn bond as iron ore distress deepens: FT
  • Oil Rig Squeeze Puts DNB on Alert to Help Billionaire Fredriksen: Bloomberg
  • Oil Bonds Lose Investors $7 Billion in 10 Days: Bloomberg

TMT

  • Subscriptions are enjoying a new prominence as a revenue engine for digital content and apps: BI
  • TripAdvisor reviews are now so powerful they impact the tourist industry of entire countries: BI
  • There are so many $10 billion startups that there’s a new name for them: ‘decacorns’: BI
  • The clever way Apple was able to trademark the ‘iPad’ name while keeping the product a secret: BI
  • Tesla CEO Elon Musk says in the future, cars with drivers will be considered too dangerous: BI
  • MUNSTER: Apple’s new TV service could finally make the Apple television a reality: BI
  • Apple TV has grown from a ‘hobby’ into a nice little business; Apple TV entices networks with promise of mobile viewers; Apple Upsets the TV Cart; Apple TV Plans Unscrambled; Apple Is Out to Blow Up the Cable TV Model: BloombergWSJBI, Reuters
  • 10 facts about the Apple Watch that show Apple’s obsessive attention to detail: BI
  • Meet the man who could own Aviva France; One French investor has an unbelievable ‘magic ticket’ that is turning him into a billionaire without any risk: FT, BI1, BI2
  • The pricing strategy for the Apple Watch is insanely smart: BI
  • TIM COOK: This is the ‘disease’ that ruins technology companies: BI
  • Tim Cook details one strategy that makes Apple different than Microsoft: BI
  • The whoosh of start-up value going from Europe to Palo Alto; A local alternative to Silicon Valley’s disruption mantra is needed: FT
  • What will be the impact of vast quantities of usable data on business? That is the overarching question that the authors of Big Data Revolution seek to answer. FT
  • Biggest Advertisers Are Sending Their Dollars to Digital: NYT
  • Digital Media Darlings Unfazed by the Fall of the News Site Gigaom: NYT
  • The Most Obnoxious And Overused Startup Jargon: Forbes
  • How to Build a Cross-Border Tech Startup When You’re Fighting; The only thing separating Israel and a pool of affordable talent is a border patrolled by soldiers: JG
  • ‘Taxi Kingpin’ Gene Freidman, who owns more than 900 city cab medallions, in massive debt thanks to Uber; “People used to have a religious faith that yellow-cab-medallion prices would go up forever,” But Freidman is still living large: NYPost
  • Jumei’s Makeover Is More Than Cosmetic; A pop in the shares of the beauty products e-tailer suggests investors are warming to its new strategy. Barron’s
  • Sorcery! Bloomberg apparently just learned how venture capital works: Pando
  • The Fuzzy, Insane Math That’s Creating So Many Billion-Dollar Tech Companies: Bloomberg
  • Coming to Windows: Use Your Finger or Your Face as a Password; Microsoft says its next version of Windows will support biometric authentication: WSJ
  • Leading IT Through Change, Not Buzzwords: WSJ
  • GE Capital, Intel CIOs Create New Ways to Measure IT Business Value: WSJ
  • Unbundling Pay-TV Brings New Questions; ‘Cord-Cutting’ choices grow, but questions for consumers, companies swirl: WSJ

Healthcare

  • Holy Grail: Pain Pills Without the High; Drug firms try to find strong pain relievers that don’t invite abuse: WSJ

Consumer & Others

  • P&G’s Possible Beauty-Unit Split Shows Industry’s Challenges: Bloomberg
  • Does Organic Food Taste as Virtuous If It Goes Mass Market? Coke, General Mills, Kellogg woo consumers loyal to higher-priced organic food: WSJ

Bamboo Innovator Daily Insight: 17 Mar (Tues) – The Steve Jobs you didn’t know: Kind, Patient, and Human

Life

  • The Steve Jobs you didn’t know: kind, patient, and human: FastCo
  • Skills in Flux : We are already using a set of subtle, flexible new skills to fit the new economy. It’s time we understood them. NYT
  • The Hidden Talent of Steve Jobs: Genius alone didn’t bring Apple back. It took management chops. NYT
  • Decoding the Rules of Conversation; The French love to land zingers. The British live in the land of irony. And Americans? It’s all about reassurance.: NYT
  • Agility Is Within Reach; With strategic responsiveness and organizational flexibility, you can move quickly when your industry changes. Strategy&
  • Would-Be Financial Whiz Is Charged With Stealing From Investors; Mark Malik’s fund won praise from ranking firms: WSJ
  • Does Stress Make Us Forgetful? (Is That Why We Can’t Find the Car Keys?): WSJ
  • Disruptive innovation is catching on: BT
  • ‘Cinderella’ and the power of kindness: WaPo
  • Motivational speakers modern charlatans: TheAge

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
  • In pursuit of runaway funds, Beijing struck a deal with a fraudster Li Dongzhe tired of life on the run; Li is one of the 18,000 Chinese economic escapees hiding around the world: WSJ
  • Sunac Said to Find Kaisa Unprofitable in Due Diligence Work; Analysts are still forecasting a profit for the full year, with the average of six estimates compiled by Bloomberg at 3.1 billion yuan ($495 million). Bloomberg
  • China’s slowdown has suddenly become a “fiscal shock”; Land auctions make up a huge chunk of local government revenues-an estimated 40% in 2013-and account for a big chunk of China’s GDP: Quartz
  • In China, trust firms shift, rather than reduce, shadow banking risk: Reuters
  • Don’t Count on China’s Debt Problems Going Away: WSJ
  • PetroChina Vice Chairman Under Investigation for Graft Allegations: WSJ
  • Mainland corruption crackdown poses risks for foreign investors: SCMP
  • Q. and A.: David Shambaugh on the Risks to Chinese Communist Rule: NYT
  • Alibaba’s Jack Ma shows off new ‘pay with a selfie’ technology; New facial recognition software is intended to buttress the fast-growing mobile-payments business. Fortune
  • A vote of no confidence from China’s young consumers; A vote of no confidence from China’s young consumers: FT
  • China’s Answer to Pixar Unveils New 3-D Feature About Guardian Spirits: WSJ
  • All You Need to Know About Alibaba’s Lock-Up Expiration: WSJ
  • Hong Kong’s Decade-Long Property Boom Could Be Ending: Chart : Bloomberg

India

  • India needs own model of manufacturing: BT
  • Jewelers in India Jump Online for $22 Billion E-Commerce Pie: Bloomberg

Japan & Korea

  • Japan’s Devaluation Warning for Europe; Monetary easing without reform has reduced real wages.: WSJ
  • Nintendo Opens Door to Smartphone Games: WSJ

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
  • SGX needs to serve up equities revival: FT
  • Deficiencies found in fair value measure in Singapore: audit survey: BT

Macro

  • Can Asia Survive a Strong Dollar? Bloomberg
  • IMF fears emerging markets instability: FT
  • Why Wimp label sticks to emerging nations; They suffer from lacking international monetary power: FT
  • Regulators step up warnings against pension scams: FT
  • A Mystery in Hedge Fund Investing: Hedge fund performance has been terrible. Hedge fund expenses are insane. People continue to invest in hedge funds anyway. NYT
  • A ‘Merger of Equals’ Is More Fragile: WSJ
  • In Shift, Firms Give Investors New Clout Over Board Seats; Move rattles some as proxy access could give pension funds, unions greater influence over firms’ strategic choices: WSJ
  • How a Rising Dollar Is Creating Trouble for Emerging Economies: NYT
  • Insider trading masterminds Lukas Kamay, Christopher Hill jailed after Block bid: TheAge
  • Funds Run by Robots Now Account for $400 Billion: Bloomberg
  • Court Strikes on Insider Trading, and Congress Lobs Back: NYT

Energy & Commodities

  • Are the good times over for growth in U.S. shale gas?: Reuters
  • Fortescue turns to the junk bond market for $US2.5b after US loan investors demanded better terms, forcing the miner to pay up to extend and refinance its debt: TheAge

TMT

  • Big problem for fund managers: liking Apple too much: Reuters
  • Apple Watch shows the strategic ripple effects of a big splash: Engage? Ignore? Retreat? How to react when a powerful new product arrives in your sector:FT
  • Can GrubHub Go the Last Mile?: Bloomberg
  • Driverless cars: A tremendous innovation with a glaring Achilles’ heel: WaPo
  • John Maeda says design is winning in Silicon Valley: WaPo

Healthcare

  • Intensive Care Gets Friendlier with Apps, Devices: Family participation helps patients; respect and dignity are priorities: WSJ
  • Scientists’ New Goal: Growing Old Without Disease; Researchers plan to test a pill to prevent or delay Alzheimer’s, heart disease and other ailments that come with age: WSJ
  • Sirtex Medical loses $1b in market value after cancer trial disappoints: TheAge
  • Horse dung has scientists on scent of antibiotic success: Reuters
  • Looking at the Promise and Perils of the Emerging Big Data Sector: NYT

Consumer & Others

  • Craft versus Kraft: Big US food groups are struggling to adapt to the diverse tastes of younger generations and immigrant populations: FT

Bamboo Innovator Daily Insight: 16 Mar (Mon) – Charlie Munger: Academic Economics — Strengths and Weaknesses, after Considering Interdisciplinary Needs

Life

  • Charlie Munger: Academic Economics — Strengths and Weaknesses, after Considering Interdisciplinary Needs: Farnam
  • Developing a Mental Framework for Effective Thinking: Farnam
  • How Stephen King Teaches Writing: Atlantic
  • How successful people overcome toxic bosses: Quartz
  • Overthinking vs. Underthinking: Finding the Sweet Spot: Forbes

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

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
  • Xu Caihou, the most senior military officer snared in China’s anti-corruption campaign, has died of natural causes after military prosecutors dropped their case against him due to ill health. FT
  • How Citic Bank traded rapid growth for bad loans: SCMP
  • It’s Time to Look Under the Hood of China Auto Rental; Falling depreciation behind robust profit margin is puzzling because depreciation should have risen as CAR expanded its fleet by 20% last year; IPO lockup expires on March 18: WSJ
  • Record China Debt Means Growth-Rally Mismatch: Chart of the Day: Bloomberg
  • China FAW Group Chairman Faces Communist Party Graft Probe: Bloomberg
  • Wall Street’s Macau delusion has really gone far enough: BI
  • ‘Maker culture’ to be encouraged in China: WCT
  • To trim its mounting inventory and stem losses from sluggish business, Nestle China has been incinerating instant coffee by the ton, burning up worth tens of millions of yuan since January: WCT
  • Macau casino giant turns to non-gaming businesses: WCT
  • Why China Won’t Manage The Great Debt Escape: Forbes
  • Stiffer Bank-Technology Rules Loom in China: WSJ
  • Why Chinese Steel Exports Are Stirring Protests: WSJ

India

  • Tapping Into The Growth Of India’s Emerging Mobile Markets: Techcrunch

Japan & Korea

  • Lotte seen forging ahead with succession plan: KH
  • Economic mathematics to be introduced in 2018 in Korea as an elective subject of high school: Maeil

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

Macro

  • In 2008, Phillip Monks was out of a job and decided to start his own bank. Today, it is worth over £650m: Telegraph

TMT

  • Why Bankers Are Leaving Finance for No-Salary Tech Jobs: Bloomberg
  • Top Silicon Valley investor explains why he is skeptical about driverless cars: BI
  • A Police Gadget Tracks Phones? Shhh! It’s Secret: NYT
  • Why focus is the name of the ecommerce game: Forbes
  • ‘Dead unicorns’: Silicon Valley bubble burst draws near, warns investor at SXSW: NYT
  • In Battery Revolution, a Clean Leap Forward; Vacuum maker Dyson is investing in Sakti3’s energy technology: WSJ

Energy & Commodities

  • US shale industry shows remarkable resilience: FT

Consumer & Others

  • Miller Lite tastes success again: Fortune

Bamboo Innovator Daily Insight: 15 Mar (Sun) – André Gide on Sincerity, Being vs. Appearing, and What It Really Means to Be Yourself

Life

  • André Gide on Sincerity, Being vs. Appearing, and What It Really Means to Be Yourself: BP
  • Rilke on How Great Sadnesses Bring Us Closer to Ourselves: BP
  • Here’s why patents are innovation’s worst enemy: WaPo

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
  • Great Expectations for Small-Cap Active Management: RoyceFunds

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
  • The one Chinese innovation that could change the way we think about money; The upcoming launch of the new China International Payments System is part of a broader internationalization strategy for China’s currency to make it accepted worldwide: WaPo

Japan & Korea

  • Onetime bestselling maker Sanyo to effectively vanish : JP

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

Macro

  • S.E.C. Wants the Sinners to Own Up; In a shift to its policy, the regulator is asking for more than settlements. It wants companies and individuals to admit to their misdeeds. NYT
  • How Many Mutual Funds Routinely Rout the Market? Zero: NYT
  • Norway’s Sovereign-Wealth Fund Reduces Exposure to Europe: WSJ
  • Bonds Or Stocks: Which Bubble Is Bigger? SocGen Answers: Zerohedge
  • Michael Lewis is Right “Spoofing” Proves Market Rigged on Daily Basis: EconMatters

Energy & Commodities

  • U.S. Producers Ready New Oil Wave; Even as crude plummets, energy firms are waiting to unleash more supply, capping any price gains: WSJ

TMT

  • This could be Apple’s secret Apple Watch strategy: Fortune
  • Leica Survives the Digital Shift; Camera maker struggled with the death of film, but now it has a lucrative niche: digital, retro cameras: WSJ

Consumer & Others

  • How Starbucks’ dominance could one day be threatened: WaPo

Bamboo Innovator Daily Insight: 14 Mar (Sat) – Rags To Richest 2015: Billionaires Despite the Odds

Life

  • 52 Ways to Tell Someone You Love and Appreciate Them: TinyBuddha
  • Rags To Richest 2015: Billionaires Despite the Odds: Forbes
  • Marvell CEO: The Tinkerer at The Top; How many CEOs in the semiconductor industry today are so possessed with their inner technology questions that they actually spend weekends looking for answers?: EE
  • The Indispensable Founding Father; Madison was patient and flexible, able to work closely with both political allies and those he strongly opposed. WSJ
  • Beware the Ides of March; On Mar. 15, 44 B.C., assassins stabbed Julius Caesar to death at the Senate. How did the conspirators manage to get 60 people involved and keep it secret? What had Caesar done to alienate so many? WSJ
  • Fourteen secrets of really persuasive people: Quartz
  • The virtue – and peril – of empathy; There is debate over whether a capacity to experience what another is feeling helps or hurts decision-making. ST
  • To innovate, hire the ‘wrong’ people: BT
  • Richard Branson shares his 10 favorite quotes about embracing change: BI
  • Martin Sorrell of WPP is one of the world’s most connected executives. But, as he turns 70, what is next for him and the advertising empire he created?: FT
  • Businesses on the mindfulness bandwagon; Companies have adopted the Buddhist discipline but can an ethical philosophy coexist with corporate culture? And does it really work?: FT
  • Math enthusiasts to mark once-in-a-century Pi Day: JT
  • Stop Distinguishing Between Execution and Strategy: HBR
  • Culture: Why It’s The Hottest Topic In Business Today: Forbes
  • 12 best-kept secrets of successful business people: Fortune

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
  • The logistics of committing fraud on an industrial scale; “Think big and implement to the finest detail” was the motto of Chun Chi-wai, chairman of China Metal Recycling (CMR), once the darling of fund managers and stock commentators. SCMP
  • Why words are the new numbers: ChicagoBooth

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
  • In China, a Building Frenzy’s Fault Lines: NYT
  • Anti-Graft Legislation Could Take Five Years to Work Out, Expert Says: Caixin
  • Novelist and former vice-governor uses real-life graft as inspiration for new book: SCMP
  • U.S. students losing interest in China as dream jobs prove elusive: Reuters
  • In China, Only Leaders Are Allowed To Battle Corruption: HuffPo
  • Traditional Chinese medicine is getting a voice at the World Health Organization: Quartz
  • PBOC Pledges to Press on With Rate Liberalization Amid Slowdown: Bloomberg
  • China is about to stop making savers subsidize wasteful state companies; Zhou Xiaochuan, just announced that the “probability is very high” that the government will lift the cap on deposit rates this year: Quartz
  • China tycoon warns on corruption purge: FT
  • China puts brakes on banks’ rate freedom: FT
  • Chinese internet: Commerce and control; Beijing wants to harness the economic potential of online services while still censoring content: FT
  • Mobile Radio Maker Hytera’s Chen Qingzhou Is China’s Latest Electronics Billionaire: Forbes
  • Apple pies and iPads sweeten China’s dreaded TV expose: Reuters
  • Beijing has a bitcoin problem on its hands: SCMP
  • Ping An unit put on disclosure ‘blacklist’; Rating agency says Lufax.com failed to disclose debtor information: SCMP

India

  • How Long Will It Take for India to Surpass China? WSJ
  • Move over Kingfisher. Indians are now thirsting after craft beer: Quartz
  • SBI rejects report of scrapping $1 bn loan pact with Adani: moneycontrol
  • MODIfying India: Star

Japan & Korea

  • End mass shareholders meetings; When meetings are held on the same day, it is difficult for minority shareholders to exercise their rights as stockholders. JA
  • Amid split, two Koreas face widening linguistic gap: JT

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
  • Blog of former Malaysian PM Mahathir ‘suspended’; last posting was on 1MDB; 1MDB probe Malaysian Auditor-General’s biggest challenge: AsiaOne1, 2
  • AEC needs financial lifeblood: Star
  • Big Data And Internet Of Things Are The Keys To Singapore’s ‘Smart Nation’ Dream: Forbes
  • Can Jakarta Get MRT Moving in Time for Asian Games in 2018?: JG

Macro

  • GM’s Stock Buyback Is Bad for America and the Company: HBR
  • Ernst & Young Settles Lehman Suits With New Jersey, California Municipalities: WSJ
  • Avolon CFO: Untangling New Lease Accounting Rules; To get around this complexity and burden, companies might try to stop doing leases and start structuring them as service contracts: WSJ
  • Michael Lewis Surprised By Reaction To Flash Boys, Says Real Story Missed; The Flash Boys story is about a small, independent minority on Wall Street who challenged a corrupted establishment on moral grounds: VW
  • Flash Boys’ Michael Lewis Warns “The Problem’s Not Just HFT, The Problem Is The Entire System”: Zerohedge
  • Norway’s oil fund joins push for proxy access in US: FT
  • The dollar almighty will create risks: FT
  • Chart of the day: Asia falls deeper in debt: SCMP

Energy & Commodities

  • Oil’s Newest Short Seller: the Department of Energy: WSJ
  • U.S. Producers Ready New Oil Wave; Even as crude plummets, energy firms are waiting to unleash more supply, capping any price gains: WSJ
  • Smaller Mining Companies Hibernate to Survive Industry Downturn; Mine operators shut down projects, cut staff to dodge bankruptcy and ride out slump in metal prices: WSJ

TMT

  • Algorithm That Tells the Boss Who Might Quit; Wal-Mart, Credit Suisse Crunch Data to See Which Workers Are Likely to Leave or Stay: WSJ
  • Going Robo: What Schwab’s Move Means for You; With giant discount brokerage Charles Schwab launching its Intelligent Portfolios service this past week, the fledgling industry of automated investment advice is going mainstream. WSJ
  • Why a Just-Smart-Enough Watch Is Better Than an Apple Watch: WSJ
  • Speculation In This Sector Will End “Very Badly,” Canada’s Warren Buffett Says: Zerohedge
  • Apple Watch low yield rate may lead to long delivery delays: WCT
  • Why the Apple Watch will put the web out to pasture once and for all: Quartz
  • This former Facebook engineer secretly built a startup that everybody’s going nuts oCloud applications – stuff like databases and servers hosted in large data centers elsewhere – are getting big and complicated, with lots of moving parts: BI

Consumer & Others

  • How Pizza Became a Growth Stock: The secret? The Domino’s CEO cites a mea culpa ad campaign, digital delivery and unlikely new markets. WSJ
  • The Keurig K-Cup is the greatest thing to happen to coffee in America: BI
  • What the rise in luxury toilet paper says about the U.S. economy: FP
  • The crazy, bitter battle over Japanese-restaurant chain Benihana: Fortune
  • VW’s key to overtaking Toyota for global auto domination; Toyota sells as many vehicles, is about 50% more profitable than VW, and shows no signs of losing its way or backing down. : Fortune

Bamboo Innovator Daily Insight: 13 Mar (Fri) – Avoiding Decision Paralysis in the Face of Uncertainty

Life

  • Avoiding Decision Paralysis in the Face of Uncertainty: HBR
  • Thinking beyond the checklist; “If we were to mock Singapore, we would say it is a nation of bankers and real-estate developers. What we would like to become is a nation of entrepreneurs.”: BT
  • Britain: a nation of makers, techies and job creators: Telegraph
  • At 85, Vanguard’s John Bogle still fighting hard for index investing; Elder statesman doesn’t mince words when discussing active management and worries about ETFs: IN
  • Does Berkshire’s Culture Ensure Its Future?: Strategy&
  • Why the business card is thriving in the electronic age: Economist
  • Horizontal gene transfer: Genetically modified people; Human beings’ ancestors have routinely stolen genes from other species: Economist
  • Workers of the gig economy, unite! Champion of freelancers says a collective identity is key: FT
  • Debunking myths in sheep land: Meet the innovators of New Zealand: e27
  • Apple’s Tim Cook ‘offered his liver to dying Steve Jobs’; Apple founder Steve Jobs angrily rejected Tim Cook’s offer of a transplant despite fears he would die: Telegraph
  • 15 Body Language Blunders Successful People Never Make: Forbes
  • Could tiny fish be the answer to China’s food safety woes? This Hong Kong start-up thinks so; Vitargent uses fish embryos to test for contaminants and toxins in consumer products: SCMP
  • An Unlikely Driver of Evolution: Arsenic: NYT
  • From the Gates Foundation, Direct Investment, Not Just Grants: NYT
  • ‘Catch Me If You Can’ Con Man Says Technology Aids Fraud: Bloomberg

Books

  • The Art of Stillness: Adventures in Going Nowhere: Amazon

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
  • Noble Group Nobbled: A big Asian commodity-trader is attacked by an anonymous online critic: Economist
  • Noble’s concession gives clout to maverick researchers: Reuters

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
  • Local-government debt in China: Swapping spree; The finance ministry moves to ease local governments’ money troubles: Economist
  • Financials Flash Warning Seen Before 2008 Mainland Slump: Bloomberg
  • Macau Boom-Bust Comes Full Circle Under Xi as $111 Billion Lost: Bloomberg
  • U.S. Founding Father Invoked as China Debates $4 Trillion Debt Pile; Although the government wants to avoid moral hazard of a bailout: Bloomberg
  • China’s Silicon Valley Sparking 49 Technology Startups a Day: Bloomberg
  • As China Sneezes, is Asia Catching a Cold? Bloomberg
  • Made in China? Asia’s dominance in manufacturing will endure. That will make development harder for others: Economist
  • China’s Alibaba drives into ‘Internet car’ industry: ChinaPost
  • Rongsheng Boss: Problems Linked to Blind Expansion, Gov’t Policies; Founder Zhang Zhirong blames debt problems on fact his company had too much on its plate when industry changed and a U-turn by officials: Caixin
  • Steelmaker Powerless as Iron Mines Sink Abroad: Caixin
  • China SOE’s restructuring leaves state ownership intact: FT
  • The contradiction at the heart of China’s new growth target; Rising debt levels threaten both financial and economic stability: FT
  • Princeling loses appeal over HK$43m ‘payment’ from Henderson Land Development for services related to a central government investigation of the Hong Kong-listed firm for violating Beijing’s foreign-exchange regulations. SCMP
  • Loan or bond, China’s banks still locked into local governments: SCMP
  • Warnings, Delays. Can Macau News Get Any Worse?: Barrons
  • Changes Afoot in Chinese Stock Market; Researchers say market, often seen as highly risky for outsiders, is functioning better: WSJ
  • At China Meeting, Karaoke Goes Quiet as Austerity Takes Over: WSJ
  • Are Chinese Tech Startups Overvalued? Companies, such as Dianping and Didi Dache, are raising cash at record pace from investors afraid of missing out: WSJ

India

  • Mumbai’s Beef Ban Sat for 20 Years Before Vegetarian Modi Acted: Bloomberg

Japan & Korea

  • Prosecutors raid POSCO E&C over alleged slush funds accumulated by exaggerating the amount the South Korean company needed to pay local subcontractors in Vietnam: KT
  • Foreigners Grab Japan Stocks as Topix Beats U.S. in Dollars: Bloomberg
  • In rare sign of dissent, investor calls for change at South Korea’s Hyundai Motor: Reuters
  • Japanese Banks to Ease Tourists’ ATM Frustrations; Three Biggest Banks Will Accept Foreign Cards at More ATMs: WSJ
  • South Korea’s tallest skyscraper rises in cloud of fear: Reuters
  • Japan’s Cautionary Tale for South Korea: Bloomberg

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
  • The Threat From Within Indonesia’s New Presidency; Voters were encouraged by Joko Widodo’s campaign of reform, but it looks like even he can’t escape Indonesia’s usual elite politics. WSJ
  • Trouble at home: Political instability returns to South-East Asia: Economist
  • Minister: 1MDB debt level not sustainable: Star
  • Personal loans’ long tenure will keep M’sian indebtedness high: BT
  • 1MDB saga extends to Swiss bank in S’pore: BT
  • Homeowners hit as Sibor rises to highest in seven years: TODAY

Macro

  • Are Currency Wars Looming in Asia?: WSJ
  • Calpers Projects 8% Decline in Fees to Wall Street Next Year as it liquidates its hedge-fund program: Bloomberg
  • The shipping industry: Low rates on the high seas; A slump in shipping rates reflects the chronic optimism of shipowners: Economist
  • How to fire up America: The rise of Latinos is a huge opportunity. The United States must not squander it: Economist
  • An ultra-low interest rate show that could run and run; Instead of Japanification, we should probably now switch to a new term: Europification: FT
  • Why the business of risk is booming; The US is unlikely to possess the capacity to shape 21st-century geopolitical order: FT
  • Investors in an unregulated oil scheme have alleged negligence in a lawsuit that they hope will establish the principle that “introducers” who informally endorse investments can be held responsible.: FT
  • Fraudulent mortgage applications on the rise; the tightening of lending criteria was a factor driving the fabrication of home loan details. FT
  • Asia Rushes to Lower Rates, but Maybe Not Fast Enough: NYT
  • WisdomTree Soars With Dollar as Hedged ETFs Lead Inflows: Bloomberg
  • Fed ‘Stress Tests’ Still Pose Puzzle to Banks; Goldman, J.P. Morgan and Morgan Stanley scaled back plans by at least $11 billion: WSJ
  • It’s Back: Your Guide to the $18 Trillion Debt Ceiling; Bigger than U.S. GDP, the debt limit returns with plenty at stake: Bloomberg
  • A Split Over Protecting Investors; The Labor Department is moving ahead of the SEC on broker rules; The financial industry is resisting attempts to require brokers to put clients’ interests ahead of their own.: Bloomberg

TMT

  • Wearable technology: The wear, why and how; For smartwatches and other wearable devices to become mainstream products will take more than just time: Economist
  • Data and technology are starting to up-end the insurance business: Economist
  • Data-driven underwriting contains great promise and grave perils: Economist
  • Apple Pegged To Bring Force Touch Pressure-Sensitive Input To Next iPhones: Techcrunch
  • Understanding Alibaba’s Snapchat Obsession: Techcrunch
  • Asia’s box office for movies is now bigger than America’s: Quartz
  • Op-ed: The death of Gigaom and the changing face of journalism: e27
  • The history of the iPod shows exactly why the Apple Watch will be huge despite what critics think: BI
  • From the cricket pitch to politics, the big data bandwagon rolls on: FT
  • Dotcom history is not yet repeating itself, but it is starting to rhyme: FT
  • How Cloud Companies Are Killing Checks; Cloud companies are finally pushing U.S. businesses beyond paper billing and payments; The $10 billion market for digital corporate payment processing is getting more competitive as the money rolls: Bloomberg
  • Why Asia’s Tech Giants Are Investing in U.S. Startups; Investments by Alibaba, Rakuten show willingness to spend big in U.S. for access to hottest technologies: WSJ
  • In smartwatch war, Swatch goes for cheap, quick and China: Reuters
  •  ‘Frozen 2’ Is In The Works; ‘Frozen’ Is Disney’s Triumphant Reaffirmation Of Its Cultural Legacy: Forbes

Healthcare

  • Actavis and the art of billion-dollar drug dealing; Brent Saunders generated $25 billion in value for investors by flipping drug companies rather than discovering new drugs. Is this the future of the pharmaceutical business?: Forbes

Energy & Commodities

  • Time for tough action to tackle logjam at LME: SCMP
  • Handful of supertankers holding oil as contango play fades: Reuters

Consumer & Others

  • Electrolux Has New Stab at Smart Home After Dot-Com Bust: Bloomberg
  • Aldi and Lidl: Tomorrow, not quite the world; The German discounters’ successful business model only stretches so far: Economist
  • Supermarkets must expect permanently lower profits – and their customers are to blame: Telegraph
  • Indian Motorcycles Adding Screens To Bikes. Really.: Forbes
  • Once Unique, LeapFrog Has Rivals in the Educational Toy Market: NYT
  • KFC faces pressure after McDonald’s says no antibiotics in chicken: Reuters
  • Why Electrolux wants to connect your appliances: TheAge

Bamboo Innovator Daily Insight: 12 Mar (Thurs) – Warren Buffett shows HSBC and Delta Air Lines how to say sorry; When business leaders make mistakes, they have nothing to lose from a proper apology

Life

  • Warren Buffett shows HSBC and Delta Air Lines how to say sorry; When business leaders make mistakes, they have nothing to lose from a proper apology: FT
  • Berkshire Hathaway: 50 Years of Enduring Advice: Burgundy
  • Lessons from the great Beanie Babies crash; The amazing rise and terrible fall of the “Steve Jobs of plush”: Fortune
  • What to say when your kids notice their friends have more – or less – money than they do: BI
  • Here’s the personality trait that predicts success for employees – and entrepreneurs: BI
  • Is There a Next Jack Bogle? Not If You Ask Jack Bogle: Bloomberg
  • Leadership Lessons From Virgin Hotels, Courtesy Of Richard Branson And CEO Raul Leal: Forbes
  • The Passport King: Christian Kalin’s business is showing poor countries they have at least one resource worth selling: citizenship. Bloomberg
  • Perspectives on the long term: What will it take to shift markets and companies away from a short-term way of thinking?: McKinsey

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
  • China’s local government debt: Defusing a bomb: Economist
  • The unfrothing of Alibaba: FT
  • China’s Hottest Phone? Here’s the Upstart Chasing Xiaomi: Bloomberg
  • China Said to Plan Overhaul of $3 Trillion Industrial Machine: Bloomberg, Reuters
  • Viral Role Model Emerges In Innovation-Starved Tech Hub Taiwan: Forbes
  • Only China Can Contain China: HP
  • For Chinese Economy, Strengths Are Now Weaknesses: NYT
  • China’s Antigraft Drive Exposes Military Risks; Takedown of generals shines light on rampant buying of ranks: WSJ

India

  • India could become the engine room for the IoT-enabled world: Forbes

Japan & Korea

  • Nurturing Korea’s Disneys: KH
  • LG heir sued for fraud: KH
  • Samsung scions plan on paying 6 trillion won in taxes: JA
  • How KakaoTalk’s Billionaire Creator Ignited A Global Messaging War: Forbes
  • Far from dying, Abenomics may yet be coming up roses; Japan could be the only wealthy nation that is increasing the size of its middle class: FT
  • Korean students suffer from all work and no play: AsiaOne
  • Plunge Protection Exposed: Bank Of Japan Stepped In A Stunning 143 Times To Buy Stocks, Prevent Drop: Zerohedge

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
  • Jho Low and the Wolf of Wall Street: how Malaysian businessman ‘hooked up DiCaprio’; ‘I’ve nothing to hide’: Malaysia’s Jho Low breaks silence to deny money laundering allegations: SCMP1, 2
  • Thai Temple’s Gospel of Wealth Draws Protests; Dhammakaya Temple’s spectacular growth is raising awkward questions about how Buddhism should adapt to decades of pell-mell growth in Asia: WSJ
  • Car Hub Project to Spur Philippine Manufacturing: Southeast Asia: Bloomberg

Macro

  • Investors Forced to Get Creative for ‘Carry’ Trade; Borrow in euros, buy in the Philippines and Sri Lanka: WSJ
  • What the Strongest U.S. Dollar in a Decade Means for Your Wallet: Bloomberg
  • Incentives favour short-term investment focus; Pension funds and insurers forced to shy away from infrastructure: FT
  • Mafia thrives on Italy’s legalized gambling addiction: Reuters
  • “We Have Front-Row Seats To An Imminent Market Shock”, Hedge Fund Billionaire Warns: Zerohedge

Energy & Commodities

  • History Suggests OPEC’s Days Could Be Numbered: Bloomberg

Healthcare

  • Ultrasound Shows Promise in Mice for Treating Alzheimer’s: WSJ

TMT

  • Apple Watch Skewed to Geeky Guys Risks Alienating Female Buyers: Bloomberg
  • Apple Pay faces a battle with banks to enter China’s huge mobile payments market: SCMP
  • Launching the Apple Watch: The time machine; Apple wants to make smartwatches a mainstream technology. That will take time: Economist
  • How Rebellion Photonics built a business on gas fumes; By creating a better tool for spotting gas leaks from oilfields and pipelines, tiny Rebellion Photonics got the jump on a global market no one else could see: Forbes
  • Getting Advantage from Proprietary Data: WSJ

Bamboo Innovator Daily Insight: 11 Mar (Wed) – The crazy, true-life adventures of Norway’s most radical billionaire

Life

  •  The crazy, true-life adventures of Norway’s most radical billionaire: Fortune
  • The first time Bill Gates asked Melinda Gates out on a date, she turned him down: BI
  • When babies outsmart the business experts; Leaders who say their predecessors are wrong are often advocates of useless reorganisation: FT
  • A gadget that lies between sorcery and science; Polygraphs are capable of exonerating the guilty and framing the innocent: FT
  • The Unavoidable Truth Of Moving Fast And Breaking Things: Techcrunch
  • No friends, no money, no sleep: the dark side of entrepreneurship: Telegraph
  • Electrifying secrets behind killer eels: Reuters

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
  • Seven resignations, two sackings and two suspensions on board of troubled Birmingham International; In January, Birmingham announced that HK$38 million was suspected to have been misappropriated by an unnamed former employee and Hong Kong police were investigating the matter. SCMP
  • Local government financing vehicles struggling to repay loans: SCMP
  • China’s Biggest Shipyard Is Now a Ghost Ship; Padded order books and delivery delays preceded the demise of Rongsheng Heavy Industries, once the country’s busiest shipbuilder: Caixin
  • China’s Solution to $3 Trillion Debt Is to Deal with It Later: Bloomberg
  • Retired generals point to ‘horrible’ graft in PLA; Money, connections and personal bonds decide promotions, and the culture of confidentiality makes exposing wrong-doers difficult, former top brass says: SCMP
  • 80% of bitcoin is exchanged for Chinese yuan: Quartz
  • China Prepares Mergers for Big State-Owned Enterprises: WSJ
  • Is China’s 1929 moment coming?: WaPo
  • Xi Relishes Carefully Crafted Humble Past; Mao-Style Focus on Chinese Leader’s Personal Life Comes With Risks: WSJ
  • Toothpaste maker Crest fined 6 million yuan for faking white teeth in advert: SCMP
  • China shipbuilders urged to merge ito stay afloat: FT
  • Knock-off Apple Watches go on sale in China: FT
  • Top local developer Cheung Kong Holdings (0001) ended its 42-year listing yesterday, with market capitalization having grown more than 2,800 times from its debut. Standard
  • Dairy producers in China explore online opportunities: WCT
  • Sensitive Words: Prince (Zeng) Qing(hong): CDT
  • Reading Xi’s Modern Twist on Plato’s “The Republic”: Inside
  • Some Chinese companies are finding that borrowing just across the Hong Kong border, once a quick and easy way to make money, is no longer so fruitful.: WSJ
  • The one Chinese innovation that could change the way we think about money: WaPo

Japan & Korea

  • 50 top brands in Korea change with times: JA

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
  • Changes in transfer pricing in Singapore: BT
  • Myanmar Tests Foreign Telecom Entrants; Qatar’s Ooredoo and Norway’s Telenor struggle with bureaucracy, ambiguous land ownership structures, hiring and even religious tensions: WSJ
  • Year of plenty? Vietnamese brokerages raise funds to build war chest: AsiaOne
  • Malaysia Reels as Asia’s Worst Dollar Debt Shunned: Asean Credit: Bloomberg
  • Swiss businessman Yves Bouvier is facing charges of fraud and money laundering, Bouvier is known in Singapore for co-founding the Singapore Freeport and is one of the partners behind Art Heritage Singapore: Artnet
  • Sentosa Cove unit sold at $1.2m loss after selling it around the rate of a mass-market home: AsiaOne

Macro

  • Survey: Companies Finding More Whistleblower Retaliation: WSJ
  • A New Tool to Investigate Inside Tippers: NYT
  • Survey: Companies Finding More Whistleblower Retaliation: WSJ
  • Outsourcing: Trading places; A proprietary trading firm has clawed its way into the big leagues using recruits from India, Kenya and China: FT
  • Former SEC Director Admits The Truth: The Market Is Rigged: Bloomberg
  • Why Vanguard Is Secretive on Stock ETFs; Uncommon delays in reporting of components protect shareholders: WSJ
  • How The World Is Being Fooled About Chinese Gold Demand: Zerohedge
  • Developing Nations Lose Their Luster: NYT

Healthcare

  • The Future of Health Is More, Better, Cheaper: Strategy&

TMT

  • Tech Blog GigaOm Abruptly Shuts Down: NYT
  • The Apple Watch has a unique signalling ability that will ensure it is a massive success: BI
  • This startup may have found the answer for getting people to pay for journalism online: BI
  • Happy aniversary, Nasdaq looks different 15 years after its peak: Star
  • Apple Watch makes the wearables race real: JA
  • What Is the Next ‘Next Silicon Valley’?: NYT
  • Learning the Duolingo – how one app speaks volumes for language learning: Guardian
  • The New Tech-Stock Temptation; The Nasdaq rally is stirring memories of the dot-com boom. Forget 2000. It’s a different investing ballgame.: WSJ
  • Swatch Co-Inventor: Apple Will Succeed and an Ice Age Is Coming for Swiss Watches: Bloomberg
  • Apple Watch Targets China Aspirations in $16 Billion Market: Bloomberg

Consumer & Others

  • The Sephora effect: How the cosmetics retailer transformed the beauty industry: WaPo
  • A hit YouTube video launched Dollar Shave Club into the minds (and medicine cabinets) of men everywhere. But the company is just getting started. Fortune, YouTube
  • How Ikea took over the world: Fortune
  • Ikea researched people’s morning routines around the world — and made this mirror to solve a universal problem: BI
  • The cappuccino kings changing the way Cambodians drink coffee: FT

Bamboo Innovator Daily Insight: 10 Mar (Tues) – Here’s why Warren Buffett, Oprah Winfrey, and Bill Gates love to read

Life

  • Here’s why Warren Buffett, Oprah Winfrey, and Bill Gates love to read: BI, LinkedIn
  • The creative power of saying no: why focus is the key to innovation: BRW
  • Trouble at the family mill? Call in the Chief Emotional Officer: Insead
  • How Much Control Should You Have Over Your Firm? Insead
  • Most Teach For America Instructors Plan to Flee Teaching; About 87 percent of the people the program trains as educators say they plan to leave teaching; “Teaching is tough work”: 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
  • Noble’s Spat With Iceberg Highlights Barriers to Disclosure: WSJ

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
  • Hanergy Working With ‘Unproven’ Solar Technology, Bloomberg New Energy Finance Says, after Financial Times in January raised questions about the company’s accounting practices. Bloomberg
  • Hanergy Shares Soar Too Close to the Sun; Solar panel hot stock levitates 480% in six months, leaving gravity and reason back on Earth. Barron’s\
  • Hanergy’s Lightning Rally Blinds Investors to Reality: WSJ
  • Foreign banks tighten lending rules for China state-backed firms; Singapore DBS Group suffered a loss on a bad loan to an SOE-related firm it had assessed as risk-free: Reuters
  • China Short Sellers Target World’s Biggest Broker Rally: Bloomberg
  • Hong Kong-made ‘firefighting’ robots catch the attention of tech giant IBM: SCMP
  • Mainland regulators learn from mistakes made in Japan: SCMP
  • SFC’s ‘sneak attack’ on ownership responsibility will cost us money: SCMP
  • China legal threat dents ICE’s Singapore plans: FT

India

  • $1.20 for Office Lunches as Errand Apps Bloom in India: Bloomberg

Japan & Korea

  • A veteran Japan investor has closed his small hedge fund and will join one of Asia’s longest-running hedge-fund operators, a move that underscores the increasing difficulty managers face striking out on their own: WSJ

ASEAN/Singapore

  • 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

Macro

  • Hedge-Fund Manager’s Next Frontier: Lawsuits: WSJ
  • Don’t get addicted to boom times: Why investors should beware market highs and other fads: FP

Energy & Commodities

  • The big drop: Riyadh’s oil gamble; For years Saudi Arabia acted as a safety net in the market, but as prices fell the game changed: FT

TMT

  • Apple Watch Success Will Hinge on Apps: NYT
  • Apple watch could call time on Swiss ascendancy in the high-end market: Telegraph
  • Apple Says New Smartwatch Will Go 18 Hours on Battery Power: Bloomberg
  • Telecom’s Next Goal: Defining 5G; Industry pools knowledge in race to go beyond fast download speeds: WSJ
  • Challenge for Apple Watch: Style but No ‘Killer App’: WSJ

Healthcare

  • Feeling Nervous About a Biotech Bubble? Bloomberg
  • What Autopsies Can Teach; A decline in postmortem exams has slowed scientific advances. New procedures aim to overcome qualms. WSJ

Consumer & Others

  • Why McDonald’s Turnaround Plan Isn’t Working: Bloomberg

Bamboo Innovator Daily Insight: 9 Mar (Mon) – Produce More by Removing More

Life

  • Produce More by Removing More: Farnam
  • Munger: “Low goals do cause lower performance and high goals increase the percentage of cheating. Each organization has to find its own way.” Farnam
  • How The Most Powerful People Get Things Done: 4 Tips From A White House Staffer: Barker

Investing Process

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Bridgewater’s Ray Dalio Explains the Power of Not Knowing: II

Greater China

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • China’s Shandong province will have to sell assets to pay debt: governor: Reuters
  • China’s tax officials vow ‘shock and awe’ campaign in war against cross-border tax cheats: SCMP
  • Capital flight a risk that must be monitored: SCMP
  • Legal power of local government pledges in China rejected: WCT
  • Move Over Mao: Beloved ‘Papa Xi’ Awes China: NYT

Japan & Korea

  • Lotte Group’s aggressive acquisitions of companies are raising concerns as to whether it is biting off more than it can chew: KT
  • Big Korean companies fill 40 pct of outside directors with ex-officials: KH

ASEAN

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Reinforcing SGX listing and enforcement framework; proposed power to fine an issuer up to S$250,000 per contravention and a maximum of S$1 million for multiple charges, prohibit an errant issue manager from participating in specified SGX listing applications, require an errant director or officer to resign, or prohibit any issuer from appointing that person. BT
  • No protection if misconduct detected in 1MDB, Najib assures Umno leaders: Star
  • For SGX, a dearth of IPOs amid volatility: BT
  • Indonesia Has The Money, But Can It Spend It?: WSJ

Macro

  • LSE has defied expectations to go from prey to predator: FT
  • Real danger lies in Mitteleuropa’s financial sector; At zero interest rates, it is very difficult for the German insurance industry to remain solvent: FT
  • Bonds: How firm a foundation? Regulators question if corporate debt could withstand a sudden reversal: FT
  • World’s Biggest Ship Title Shifts Monthly as Rates Fall; Bragging rights for the world’s largest container ship have changed hands four times in as many months – – and will soon shift again. Bloomberg
  • Many Swiss banks are saddled with a batch of accounts by clients who have refused to declare them. Now, they must soon be disclosed to the IRS thanks to recently implemented U.S. law. WSJ

TMT

  • Crunch time: how the Apple Watch could create a $1tn company: Guardian
  • Surge in Smartphones Sets Off New Wave of Corporate Self-Reinvention: NYT
  • Smartwatch Pushes Apple Into High-End Fashion: WSJ
  • At Startups, People Are ‘New Infrastructure’; Uber, Instacart and Others Engage in Wholesale Recruitment of Workers: WSJ
  • Web-Video Newcomers Undercut YouTube; Facebook, Snapchat, Vessel offer better terms for revenue sharing: WSJ
  • Cash may be king, but smartphones seek to rule at the register: AFP
  • Google: The Value of Thrift: WSJ
  • Apple’s Ascent: From ‘Niche’ Stock to Juggernaut; Onetime Ugly Duckling of the Market Is Set to Join Blue-Chip Index: WSJ
  • As Driverless Car Rivalry Emerges, Mobileye Bulls Counter: Bloomberg

Healthcare

  • The three biggest companies that collect and disseminate credit information on more than 200 million Americans will change the way they handle errors and list unpaid medical bills as part of the broadest industry overhaul in more than a decade: WSJ

Bamboo Innovator Daily Insight: 8 Mar (Sun) – How Apple design guru Jony Ive discovered his passion; “I see design as a way you look at the world and as a thought process”; The simple secrets to happiness; Turns out a better life rests on habits

Life

  • How Apple design guru Jony Ive discovered his passion; “I see design as a way you look at the world and as a thought process.”: BI
  • The simple secrets to happiness; Turns out a better life rests on habits: McLeans
  • Carol Dweck: The Two Mindsets And The Power of Believing That You Can Improve: Farnam
  • Warren Buffett’s Awesome Feat at Berkshire Hathaway, Revisited: NYT
  • Annie Dillard on How to Live with Mystery, the Two Ways of Looking, and the Secret of Seeing: BP
  • How Steinbeck Used the Diary as a Tool of Discipline, a Hedge Against Self-Doubt, and a Pacemaker for the Heartbeat of Creative Work: BP
  • Nobel Laureate Elias Canetti on the Four Attributes of Crowds, and the Paradox of Why We Join Them; “Direction is essential for the continuing existence of the crowd. A crowd exists so long as it has an unattained goal.”: BP
  • Roald Dahl on How Illness Emboldens Creativity: A Moving Letter to His Bedridden Mentor: BP
  • Silicon Valley Is Trying to Make Humans Immortal—and Finding Some Success: Newsweek
  • Hong Kong Property Firm Builds on Family Ties; Real-estate developer Hip Shing Hong, led by MD David Fong, is a case study on succession in Hong Kong’s family-run property companies; Hip Shing Hong’s Fong Says Succession Isn’t Without Tension: WSJ
  • Billionaires Own Nearly Half Of All Major Professional Sports Teams: Forbes
  • Congress could help solve antibiotic resistance. This Congresswoman explains why it won’t.: Vox
  • Is Most of Our DNA Garbage? NYT

Investing Process

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Caught in a web of spinoffs: Inside Canada’s expanding universe of ‘shell’ companies; the concern over the use of shell companies for unscrupulous purposes prompted the U.S. SEC to launch Operation Shell Expel. The idea is to flush out “pump and dump” schemes, where stock is heavily and sometimes falsely promoted to unknowing investors, while the perpetrators sell at high prices before the stock crashes. The SEC has ejected more than 800 dormant companies from the market since 2012. FP
  • Bosses Who Love Themselves; People who lack empathy and have grandiose views of themselves tend to have a damaging effect on all levels of business, researchers say. NYT

Greater China

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • The Fed on China’s stimulus binge: FT
  • Hong Kong’s stock exchange operator said a stock connect programme with Shanghai that launched on Nov 17 contributed just US$8.8mil to revenue last year, showing how disappointing trading on the programme has capped profit growth. Reuters
  • China city boss warns against Islamic head coverings in Xinjiang: Reuters

Japan & Korea

  • Tokyo’s children could find their voice if noise ban is reformed: FT

ASEAN

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • They All Fall Down: New Law Seen in Subverting KPK: JG
  • Francis Lau on chicken and eggs; Teo Seng allocates RM200mil to grow capacity: TheStar1, 2, 3

Healthcare

  • Going the extra mile to win a $21bn Pharmacyclics deal: FT

TMT

  • Here’s What Will Truly Change Higher Education: Online Degrees That Are Seen as Official: NYT

Consumer & Others

  • Whirlpool’s Jeff Fettig: Doing the World’s Laundry; Thanks to Whirlpool, the U.S. dominates appliances. Winning awards, bringing jobs back home. Barron’s
  • McDonald’s Seeks Its Fast-Food Soul: NYT

Bamboo Innovator Daily Insight: 7 Mar (Sat) – Ryan Holiday: Find canvases for other people to paint on

Life

  • 9 successful people share the toughest lessons they learned at their first jobs; Ryan Holiday: Find canvases for other people to paint on. James Altucher: Don’t dwell on failure and its supposed benefits – there are none. BI
  • ‘Calvin and Hobbes’: America’s Most Profound Comic Strip; The hilarity of ‘Calvin and Hobbes’ was rooted in a 6-year-old boy’s inability to control himself—or the world: WSJ
  • ‘Calvin and Hobbes’ creator Bill Watterson returns to the comics page — to offer a few ‘Pearls’ gems: WaPo
  • The best strategy is to be good at whatever it is you do: JohnKay
  • Heng: Bold changes needed in education to nurture Singaporeans who are inventive, resilient and caring, to go beyond learning for grades and “learn for mastery”: TODAY
  • How anxiety affects your decision-making skills: Fastco
  • Shakespeare got his psychology right: Low status can make us more altruistic; The “high-status” students were more focused on displaying their own competence and knowledge. WSJ
  • The Founding Fathers of American Invention: WSJ
  • From TV to Twitter, star scientist Neil deGrasse Tyson continues his quest to educate the world about the universe: WSJ
  • Ancient Automatons, Modern Worries; Despite Stephen Hawking’s warnings about artificial intelligence, robots have been around since the ancient Greeks: WSJ
  • Andreas Jacobs, scion of one of Germany’s leading business families and now, chairman of French business school Insead, shares his experiences.: BT
  • U.S. Authorities Struggle to Find a Pattern Among Aspiring Islamic State Members: WSJ
  • Making professional accountancy cool: Star
  • Don’t get routed like REA Group’s founders: positive ways to postpone raising capital: BRW
  • The secret to talent management? Put employees, not employers first: Fortune
  • Hardly anyone realizes the classic board game Monopoly started as an early feminist’s attack on capitalism: BI
  • Accountancy: the new buzz; ‘The value of bees’ service to the British economy was estimated at £200m – the value of what they pollinate closer to £1bn’: FT

Books

  • Overwhelmed: How to Work, Love, and Play When No One Has the Time; How to Find More Time: New research suggests our concept of time is malleable – and some simple strategies could make us feel like we have more of it: Amazon, NYT

Research & Investing Process

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Noble’s Iceberg Rebuttal Gets Few Prizes for Transparency: WS
  • Be alert to whether or not the directors are buying shares just to show the flag. When companies are known to be in trouble, a cluster of the directors buy a few shares to try to reassure the market that all is well: Telegraph
  • Are Corporate Spin-Offs Prone to Insider Trading? Regulatory blind spots letting insiders profit from spin-offs, says study; one in eight US corporate spin-offs since 1996 were preceded by suspicious options market trading: SSRN, Bloomber

Greater China

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Albert Edwards’ Latest Worry, The Chinese Liquidity Tourniquet: VW
  • ‘China likely to end up as a former would-be superpower’, says Goldman partner who called Japan’s demise: Bloomberg\
  • Chinese steelmakers face headwinds of slowing growth, glut in capacity: Reuters
  • China’s Stock Connect Falls Short on Bets Against Shares; Industry officials say short selling rules make it impossible to bet against stocks: WSJ
  • The Coming Chinese Crack-Up: The endgame of communist rule in China has begun, and Xi Jinping’s ruthless measures are only bringing the country closer to a breaking point: WSJ

Japan & Korea

  • Time for Japan to Cut Off Sharp: Bloomberg
  • President Kazuhiro Tsuga explains how he pulled the company back from the brink and set it on a path to profitability. Fortune

ASEAN

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Further rupiah slip could be ‘dangerous’; This is because many businesspeople, including those in the export-oriented industry, will see their costs skyrocket because of the high import content in their manufactured goods: JP
  • Indonesia’s Bridestory Secures Funding in a Round Led By Rocket Internet Group: JG
  • Thai temple’s lift-off triggers clash over monks and money: FT

Macro

  • Lord Rothschild Warns Investors: “Geopolitical Situation Most Dangerous Since WWII”: Zerohedge
  • Hedge funds: sheep in wolves’ clothing: AW
  • Individual Stocks vs. Index Funds: The Next Frontier; Some firms, including Wealthfront, suggest buying the individual stocks in an index to take advantage of tax-loss selling: WSJ
  • Hedge Funds Monetizing By Selling Stakes To Institutional Investors: VW
  • Why Political Dynasties Rule in America’s Democracy: JG
  • The history and future of Asian bond markets: Nation
  • Only mass default will end the world’s addiction to debt: FP
  • How banks may have rigged the Bank of England scheme built to keep them alive: Telegraph

Energy & Commodities

  • An Oil Firm That Raised Money Seven Months Ago Just Missed Its First Bond Payment: Bloomberg
  • Layoffs and empty streets as Australia’s boom towns go bust: Reuters

TMT

  • The New Tech-Stock Temptation: WSJ
  • The Apple Watch’s beautiful face is also its fatal flaw: WaPo
  • How the Apple Watch will transform the most successful store strategy in a generation: WaPo
  • At long last, Dow gets a taste for Apple: Reuters
  • Go Mobile or Bust: Google Schools Firms on the Business Benefits of Apps: JG
  • Here’s why fraudsters love Apple Pay: Fortune
  • Silicon Valley debate on self-driving cars: do you need a map?: Reuters

Healthcare

  • Biotech Bidding War Yields Rich Price; AbbVie to pay $21 billion for Pharmacyclics, reflecting promise of cancer drug: WSJ
  • These Investors Think There’s a Biotech Bubble That’s About to Burst: Bloomberg
  • Complexities of Eye Care Drive Strong Moats: Morningstar

Consumer & Others

  • Why America fell out of love with golf: WaPo
  • Supermarkets’ brave new world; Derided as a haven for duopolies, Australia is in fact enjoying a price war in the crucial $88 billion food and grocery industry. TheAge
  • Why Can’t Reebok Get Fit?: Bloomberg

Bamboo Innovator Daily Insight: 6 Mar (Fri) – Warren Buffett: ‘I Consider Myself a Journalist’; The Hidden Co-Founder

Life

  • Warren Buffett: ‘I Consider Myself a Journalist’: Bloomberg
  • The Hidden Co-Founder: Techcrunch
  • Don’t Be Like Buffett. Be Like You: Bloomberg
  • Scientists discovered the personality trait that creative geniuses often share; why artists need such solitude: BI
  • Here’s how to properly shake hands in 14 different countries: BI
  • It takes the typical self-made millionaire at least 32 years to get rich; The romanticized notion of getting rich quick always finds an eager audience. BI
  • Reid Hoffman’s Two Rules for Strategy Decisions: HBR
  • Warren Buffett’s 50th annual missive to his company’s shareholders obfuscates rather than illuminates: Economist
  • The Innovation Game: Adobe’s New Strides To Keep Employees Engaged: Forbes
  • Brain evolution and disease: A Faustian bargain; Could the key to the evolution of the human brain be found in a dreadful illness?: Economist
  • The quantified serf: Management by goal-setting is making a comeback, its flaws supposedly fixed: Economist
  • Shake Shack’s Secret Sauce? It Cares. Strategy&
  • The Ottoman Empire: Heading towards disaster; How a multinational Muslim empire was destroyed by the first world war: Economist
  • Blackwell’s David Prescott weathers the storm in a bookshop; Chief executive would still recommend trade to his children: FT
  • Profile: Mikhail Fridman — from rugs to riches; the Russian billionaire, who has earned a reputation as a fierce corporate fighter, is taking on the UK government: FT
  • Suharto’s Favorite Tycoon; Liem Sioe Liong’s business empire survived some of the most turbulent moments of 20th-century Indonesian history. WSJ
  • Are Asian family companies leaders in innovation?: SCMP
  • Economists’ Biggest Failure: Bloomberg
  • Does the Social Safety Net Make Us Lazy? Or Promote Greater Entrepreneurship?: Bloomberg
  • The Little-Known $15 Billion Empire Of Africa’s Richest Man: Forbes
  • Is chief information officer a dead end on the path towards becoming CEO? Richard Umbers joined a small club of CIOs who’ve been elevated to the CEO role after Myer revealed its supply chain and information boss would replace the incumbent: TheAge

Investing Process

Greater China

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Exchange questions Hanergy as speculative bubble grows: SCMP
  • 3 Chinese companies in debt defaults in 2014: SCMP
  • E-Commerce Giants, Gov’t Create New Markets in China’s Rural Areas: Caixin
  • Alibaba Expanding E-Commerce Hurts Department Store Bonds: Bloomberg
  • A Reform Test for Beijing: Will the Communist Party back state or private enterprises?: WSJ
  • China Said to Tax Past Capital Gains by International Funds: Bloomberg
  • Chinese Premier Li Keqiang lays out flaws in country’s economic model: FT
  • China on Long, Slow Road to Reform; New budget underscores preference for strong hand of the state over the marketplace: WSJ
  • Amazon Opens Store Inside Alibaba’s Tmall In China: WSJ
  • Hanergy chairman tightlipped on shares swings – but vows to launch solar-powered cars: SCMP
  • China securities regulator gears up to allow unprofitable firms to go public; First draft of a revised securities law scraps profit requirement on companies seeking IPOs: SCMP
  • Li Pledges to Raze Graft ‘Breeding Grounds’: Bloomberg
  • Chinese Lawmakers Hide Cigarettes and Alcohol as Xi Clamps Down: Bloomberg

Japan & Korea

  • Sony total-vision headset will be reality in 2016: JT
  • Addressing inequality, Japanese-style: PS
  • Japan Now Spends 43% Of Tax Revenue To Fund Interest On Debt: Zerohedge

ASEAN

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • 1MDB sheds light, explains RM2bil debt,eyes listing; Malaysia’s 1MDB to be dismantled under debt plan: Star, Reuter
  • Indonesia Makes Play for Infrastructure Funding; Government pours cash into state firms; investors are doubtful: WSJ

Macro

  • Insider Trading Investigators Have a Blind Spot: Bloomberg
  • Foreign Tax Surprises Like Disney’s Have SEC Seeking Sunlight: Bloomberg
  • Global banks: A world of pain; The giants of global finance are in trouble: Economist
  • Nobody knows anything: Pension funds and endowments tend to rely on consultants to select fund managers. This is a mistake: Economist
  • Shades of grey still colour equity trading; Renewed risk-on, risk-off approach to markets could be a warning sign: FT
  • The ageing of EMs: service sector to the rescue? FT
  • China and India need to make their growth numbers add up; Many politely accept the official line but those with money on the line do not: FT
  • Stress tests for banks are a predictable act of public theatre; Once again the bankers are gaming the system by working out what regulators will do: FT
  • FCA takes aim at structured products after finding that investors significantly overestimated the returns they were likely to receive. FT
  • Ports Gridlock Reshapes the Supply Chain; More cargo is being shifted away from congested West Coast trade routes: WSJ
  • Currency warriors rise again: SCMP
  • The Biggest Banks Aren’t Ready to Shrink; New rules give big banks an incentive to shrink their balance sheets. But for most, massiveness remains part of the business plan: Bloomberg
  • We Tried to Re-Create JPMorgan’s Mutual Fund Returns and Gave Up; The bank’s impressive mutual-fund-group performance figures come with little explanation: Bloomberg
  • Citigroup Lost $800 Million on Holding in Turkey’s Akbank: Bloomberg
  • Is JPMorgan Fabricating Its Mutual Fund Returns?: Zerohedge

TMT

  • Googledome, or temple of doom? Tech firms are building pharaonic head offices again: Economist
  • The curse of the top dog: Apple’s low price-earnings ratio reflects understandable scepticism: Economist
  • E-commerce in South-East Asia: Home-field advantage; The global online-shopping giants may not find it easy to conquer the region: Economist
  • 3D printing: Entering the jet age; Aircraft engines may soon be built one layer at a time: Economist
  • Apple Pay Stung by Low-Tech Fraudsters; Transactions involved credit-card data stolen in retailer breaches: WSJ
  • This Venture Capitalist Says We Have Entered a Tech Bubble: Bloomberg
  • Apple Watch is competing as a fashion accessory, and that’s a risky move: WaPo
  • Apple’s rivals hope its Watch will boost their own wearable tech: Reuters
  • For the ‘unbanked’, mobile money still has some way to go: Reuters
  • The new ‘Horsemen of the Nasdaq’ – how long will they ride?: Reuters
  • Mark Cuban Warns: This Bubble Is Far Worse Than The Tech Bubble Of 2000: Zerohedge

Energy & Commodities

  • Australian mining slowdown hits Aggreko: FT
  • Oil Bust Threatens CMBS in Wall Street Funded Shale Towns: Bloomberg
  • Will Tesla Ever Make Money? Sure, Elon Musk makes great cars, but investors are wondering when his company will turn a profit. Bloomberg

Healthcare

  • Many in U.S. live too far from advanced stroke care: Reuters
  • Biotech Bidding War Yields Rich Price; AbbVie to pay $21 billion for Pharmacyclics, reflecting promise of cancer drug: WSJ
  • Inside the $21 Billion War for a Blockbuster Cancer Drug: Bloomberg

Consumer & Others

  • Outsiders Tried but Failed to Make It Big in Furniture; General Mills, Masco and S&H Green Stamps creator flopped or gave up when profits proved slim: WSJ
  • U.S. Furniture Survivor Tries to Go Global; As family-owned Ashley outgrows the McMansion, it turns its sights on Asia: WSJ
  • Coca-Cola Makes Over Look of Cans to Shake Calorie Stigma: Bloomberg
  • Lego Seeks a Little Help From Elf Friends to Reignite Franchise: Bloomberg

Bamboo Innovator Daily Insight: 5 Mar (Thurs) – How to follow in Warren Buffett’s big footsteps: It boils down to three precepts: be patient, be private and be peculiar

Life 

  • How to follow in Warren Buffett’s big footsteps: It boils down to three precepts: be patient, be private and be peculiar: FT
  • Warren Buffett’s Two Tips on Building Successful Businesses – Pass Them Along: Forbes
  • Tech adoption at the top: analogue dogs need digital masters; how executives can reboot themselves and their companies: FT
  • When good greed goes bad and what to do about it; Money and status are strong motivators that can be destructive: FT
  • Olam CEO Sunny Verghese Says Short Sellers Have Role in Markets; Attacks on companies acceptable if made with ‘integrity’, says Verghese: WSJ
  • Y Combinator’s Sam Altman On The Elements Of A Successful Startup: Techcrunch
  • Day traders: “The chances they’ll end up a winner is less than the parts in a warehouse spontaneously assembling themselves into a beautiful girl.”: DailySpeculation
  • The East India Company: The original corporate raiders: Guardian
  • How the Kochs Wasted a Fortune: Bloomberg

Investing Process

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Changjiang Fertilizer chairman’s leave of absence prompts queries; Firm ‘unable to take a view’ whether chairman’s ‘personal matters’ will affect his character and integrity as a director: BT
  • 21 inspiring quotes about markets and investing chosen by a top economist: BI
  • How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge: Bloomberg
  • Revenue recognition: New differences emerging: JOA
  • The $62bn deferred tax secret of Warren Buffett’s success: FT

Greater China

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Chinese state media suggests retired general Guo Boxiong may be next to fall, after son comes under graft probe: SCMP
  • China Rongsheng Suspends Warrant Issue as Investor Detained: Bloomberg
  • Running after unpaid debts in China becoming difficult – Coface: SCMP
  • Shanghai’s Free-Trade Zone Fails to Impress U.S. Companies: WSJ
  • Foxconn Launches New E-Commerce Platform in China: WSJ
  • Hanergy’s Li Hejun leaps to top of Forbes’ Chinese rich list: FT
  • Noble with an iron helm: Communist Party’s buzzword du jour: WCT
  • China’s Factories Are Building a Robot Nation: Caixin
  • Liquidity evaporates in China as ‘fiscal cliff’ nears: Telegraph
  • How Alibaba’s U.S. IPO Got the Company Ordered Out of Taiwan: Bloomberg
  • China Loses Millionaires as Wealthiest Tempted Overseas: Bloomberg
  • Macau Crackdown Brings Windfall for Casinos From South Korea to Cambodia: Bloomberg

India

  • Biocon founder is India’s fourth-richest woman: FT
  • Dilip Shanghvi overtakes Mukesh Ambani as richest Indian: Moneycontrol
  • Modi Gives Last Chance for India Tax Evaders in $2 Trillion Hunt: Bloomberg
  • In Mumbai, Eating That Steak Could Cost 5 Years in Jail: Bloomberg

Japan & Korea

  • Samsung: Ring the changes: The South Korean group hopes the Galaxy S6 will help revitalise its fortunes as it shifts focus to the ‘internet of things’: FT
  • Robots Take Tokyo as High-Frequency Equity Infiltration Hits 70%: Bloomberg

ASEAN

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Foreign Portfolio Investors Lose Faith in Indonesia’s Ability to Support the Rupiah: JG
  • Astro wins a stunning reversal in legal battle with Lippo in HK: ST

Macro

  • Tax havens linked to more than 40,000 London property; The secrecy surrounding foreign owners of high-value London properties has long given rise to suspicions of hidden corruption and money-laundering. FT
  • Foreign companies registered in offshore tax havens like the British Virgin Islands own 36,342 buildings in London that could be used for illegal purposes, a report by Transparency International said: NYT
  • Watchdog’s Hunt Is Short on ‘Wolves’; Finra program hasn’t barred any brokers tied to Stratton Oakmont from ‘Wolf of Wall Street’ fame: WSJ
  • EQT is considering a sale of Classic Fine Foods, a Singapore-based importer and food distributor, in a US$300 million deal, joining the list of private-equity firms looking to exit investments in Asia in recent months: WSJ
  • Stratfor has 11 alarming predictions for the next decade: BI
  • The Fed’s magic tricks will not make risk disappear; Capital requirements are like rabbits pulled out of a hat, writes Frank Partnoy: FT
  • Shipping industry faces shake up as private equity unwinds bets: Reuters
  • Asia’s Cities Offer Glimpse of Heaven and Hell: Barron’s
  • Petrobras Fallout Says One Good Thing About Brazil: Bloomberg
  • ‘Almost all our wealth is in real estate’: Rising interest rates could devastate couple’s retirement: FP
  • The real cost of a $1 million home: Toronto buyers resort to sub-prime loans as prices soar: FP
  • This Fed Official Just Perfectly Described Why Student Loans Are a Terrible Investment: Bloomberg
  • Buybacks at $46 Billion a Month Dwarf Everything in U.S. Market: Bloomberg
  • Are bookkeepers the next financial planners?: TheAge
  • Negative Rates Test Technology at European Banks; Headaches emerge from Sweden to Spain; a snag for floating-rate debt: WSJ

TMT

  • Internet of Vehicles market expected to expand rapidly: WCT
  • Old carmakers: we won’t be mere platforms for Google and Apple: BRW
  • Solution to Nausea Puts Virtual Reality Closer to Market: NYT
  • What Is the Next “Next Silicon Valley”?: NYT
  • In Chase of Apple, Smartphone Makers Shift Strategies: NYT
  • Google+, a Disappointment With a Purpose: WSJ
  • Online Crafts Marketplace Etsy Files for IPO: WSJ
  • Car Makers Embrace Wireless Phone Charging; Audi, GM, and Toyota see mobile power-ups as a way to attract technology-savvy buyers: WSJ
  • Taylor Swift, Trademarks and Music’s New Branding Model: K@W

Healthcare

  • Cholesterol-Cutting Statins Found to Raise Diabetes Risk by 46%: Bloomberg

Energy & Commodities

  • Jeff Immelt’s Overhaul of GE Impeded by Falling Oil Prices; CEO’s rebuilding of General Electric still hasn’t satisfied many investors, and now there’s this oil business: WSJ
  • Petrodollar Mercantilism Explained In One Chart: Zerohedge

Consumer & Others

  • The secretive snack company that Warren Buffett loves; Now that the world’s top investor has confessed his love for Utz, America’s largest privately-held snack maker is letting the secrets of its success out of the bag. Fortune
  • Reebok’s Pump Is Back; Even though it never really went away: Bloomberg
  • The secretive snack company that Warren Buffett loves; Now that the world’s top investor has confessed his love for Utz, America’s largest privately-held snack maker is letting the secrets of its success out of the bag. Fortune