Investor treaties in trouble; Several countries are reviewing these agreements, prompted by the number of cases brought by foreign companies who claim that changes in government policies affect their future profits

Updated: Monday March 24, 2014 MYT 8:08:52 AM

Investor treaties in trouble

BY MARTIN KHOR

Several countries are reviewing these agreements, prompted by the number of cases brought by foreign companies who claim that changes in government policies affect their future profits.

THE tide is turning against investment treaties that allow foreign investors to take up cases against host governments and claim compensation of up to billions of dollars. Read more of this post

BMW regional parts distribution centre in Singapore to Port of Tanjung Pelepas (PTP), Malaysia; being in Malaysia has allowed the carmaker to upscale its business with much succcess

23 March 2014| last updated at 11:36PM

BMW moves S’pore parts centre to Johor

JOHOR BARU: Carmaker BMW AG will relocate its regional parts distribution centre in Sembawang, Singapore to Port of Tanjung Pelepas (PTP) in Gelang Patah, Johor in August.

The centre keeps an inventory of parts for BMW sedans, sports activity vehicles and Mini series. Read more of this post

Indian start-ups tap into mobile payments technology

March 24, 2014 3:55 am

Indian start-ups tap into mobile payments technology

By Sarah Mishkin in San Francisco and James Crabtree in Mumbai

Good luck finding a local store or delivery person in India who accepts anything but cash. Even in a nation of 1.2bn, fewer than 1m retailers are set up to take a credit card. Read more of this post

Nasdaq rethinks Amazon cloud partnership

March 23, 2014 5:36 pm

Nasdaq rethinks FinQloud partnership with Amazon

By Arash Massoudi in New York and Barney Jopson in Washington

Nasdaq is re-evaluating a venture based on Amazon’s cloud computing services after a landmark partnership to offer back-office data storage to banks and brokers failed to gain traction with customers. Read more of this post

“We think of TB as a snake. The head is in South Africa [at the mines] and the body is in the other countries in the region”; Mining companies must step up fight against TB

March 24, 2014 12:01 am

Mining companies must step up fight against TB

By Rose Jacobs

Seven years ago, the picture of tuberculosis infection among workers at Anglo American’s coal mines was relatively grim: the incidence rate stood at about 900 people per 100,000 – above the rate for South Africa as a whole at the time, despite the countrywide rate having tripled in the previous decade. Read more of this post

TB, disease of the poor, now threatens the rich; “TB has killed more people than all other pandemics combined”

March 24, 2014 12:01 am

TB, disease of the poor, now threatens the rich

By Andrew Ward

Its victims have included George Orwell, Frederic Chopin, Franz Kafka, Emily Brontë and Eleanor Roosevelt.

If tuberculosis were still killing such cultural giants, it would not be hard to attract attention and funding to the campaign for its eradication. Read more of this post

TB reappears in developed world; Resurgence of an illness that respects no borders

March 24, 2014 12:01 am

TB reappears in developed world

By Rose Jacobs

Cruising the streets of London, a white van emblazoned with the National Health Service’s logo is seeking out a specific subsection of the capital’s population: the people most vulnerable to tuberculosis.

image001 Read more of this post

Checkmate for cheap unconventional gas; Shale reserves are not a miracle; they are a high-cost source of fuel

March 21, 2014 7:21 pm

Checkmate for cheap unconventional gas

By John Dizard

Shale reserves are not a miracle; they are a high-cost source of fuel, writes John Dizard

If you listen to the whisperings in the chancelleries of the great powers of Europe, or the musings of editorialists, US shale gas has become a key strategic asset in the chess game of global power. The US can move its gas castle to block the Russian knight from putting Europe in check . . . or whatever. Read more of this post

Big pharma balks at investment in TB; Genetics offers route to cure TB

March 24, 2014 12:01 am

Big pharma balks at investment in TB

By Andrew Ward

For an industry so often on the back foot over ethical issues, the approval last year of the first tuberculosis drug in 40 years was a chance to trumpet Big Pharma’s positive role in tackling global health problems. Read more of this post

Perseverance pays off for Math Magc board game inventor Jimmy Yeoh; Yeoh says he has sold over 60,000 sets of Math Magic, in 12 languages, since it was introduced at RM120 locally and £25 in the UK

Updated: Monday March 24, 2014 MYT 9:38:46 AM

Perseverance pays off for game inventor

BY LIM WING HOOI

A measure of success: Magic Gamewerks Sdn Bhd founder Jimmy Yeoh and the Math Magic board game he successfully commercialised. Children who play Math Magic enhance their mathematics skill while having fun. The philosophy behind MathMagic is to match each coloured side of the tile, which is divided into four triangles with different colours and numbers. A painting on the wall of her tomb depicting Egyptian Queen Nefertari (1295- 1255 BCE) playing Senet. Read more of this post

Indian business looks to Modi to spark capex revival

March 23, 2014 7:31 am

Indian business looks to Modi to spark capex revival

By James Crabtree in Mumbai

India’s opinion polls put opposition leader Narendra Modi as the country’s next prime minister, shortly after election results are announced on May 16. But will India’s corporate sector, enthused by the arrival of a new government headed by a self-described business-friendly leader, then begin investing once again? Read more of this post

US biotech stocks suffer sharp slide on Congress letter over the price of a hepatitis C drug treatment from Gilead Sciences

Last updated: March 22, 2014 1:03 am

US biotech stocks suffer sharp slide on Congress letter

By Arash Massoudi and Alan Rappeport in New York

Biotechnology stocks, the standout asset class of the soaring US equity market, suffered their sharpest decline since October 2011 on Friday after US congressional representatives raised concerns over the price of a hepatitis C drug treatment from Gilead Sciences. Read more of this post

European regulators warn as risky loans rise above bubble peak

March 23, 2014 7:31 pm

European regulators warn as risky loans rise above bubble peak

By Anne-Sylvaine Chassany and Martin Arnold in London

Debt investors are abandoning normal creditor protections on European leveraged buyout loans as they snap up riskier securities at a faster rate and in greater proportions than at the peak of the credit bubble. Read more of this post

German property rush chases concrete gold; Low interest rates see savers invest in houses and flats

March 23, 2014 2:44 pm

Germany’s property rush is based on concrete gold

By Claire Jones in Frankfurt

For Germans these days, some things that do not glitter are gold. A property boom across the biggest cities has been dubbed a betongold – literally concrete gold – rush. Read more of this post

Libraries lend themselves to new business creation

March 23, 2014 12:31 pm

Libraries lend themselves to new business creation

By Andrew Bounds, North of England correspondent

Manchester’s imposing Central Library reopened this weekend with a mission to inspire a new generation to read – and start businesses. Read more of this post

Big Words Are Fading, But Many People Still Love Them; Can those who enjoy sesquipedalian words, and those who find them annoying, learn to connect

Big Words Are Fading, But Many People Still Love Them

Can those who enjoy sesquipedalian words, and those who find them annoying, learn to connect

ELIZABETH BERNSTEIN

March 24, 2014 6:54 p.m. ET

image001-24 Read more of this post

CEO’s Secret to Decision-Making: Total Silence

CEO’s Secret to Decision-Making: Total Silence

How a $15,000 bet helped Khajak Keledjianof Intermix find inner peace

JEN MURPHY

March 24, 2014 5:59 p.m. ET

A friend bet Khajak Keledjian $15,000 six years ago that he wouldn’t be able to sit still for 15 minutes in complete silence. After nearly five months of trying, the 41-year-old CEO of high-fashion retailer Intermix couldn’t do it. Read more of this post

‘Cord-Nevers’: Why Comcast Would Consider a Deal With Apple

Mar 24, 2014

‘Cord-Nevers’: Why Comcast Would Consider a Deal With Apple

SHALINI RAMACHANDRAN

On Monday, the Journal reported that Apple is talking to ComcastCMCSA +0.60%about a new streaming-television service that would be powered through an AppleAAPL +1.19% set-top box and would get special treatment to bypass congestion on the Web.

image001-23 Read more of this post

Why Trade Bonds When You Can Trade Ads? Web Ads, Sold on Computerized Exchanges, Bring Wall Streeters Into the Fray

Why Trade Bonds When You Can Trade Ads?

Web Ads, Sold on Computerized Exchanges, Bring Wall Streeters Into the Fray

WILLIAM LAUNDER

March 24, 2014 3:37 p.m. ET

For many on Wall Street, landing an executive-level job at an established hedge fund would be a crowning career move. Until, that is, they get a chance to go into advertising. Read more of this post

Xi’s rising clout could mean swifter reforms

Xi’s rising clout could mean swifter reforms

Tuesday, March 25, 2014 – 03:00

Kor Kian Beng

The Straits Times

Chinese President Xi Jinping’s concentration of power in his hands, through the proliferation of intra-party panels that he heads, could change the consultative decision-making process through collective leadership that came about in the 1990s. Read more of this post

Sick Again? Why Some Colds Won’t Go Away; Some people get back-to-back colds, infected by a new virus

Sick Again? Why Some Colds Won’t Go Away

Some people get back-to-back colds, infected by a new virus

SUMATHI REDDY

March 24, 2014 7:02 p.m. ET

About a month ago Sharon Gilbert was hit with a runny nose, sore throat and a cough. The whole snotty works.

A few weeks later she thought she had recovered. Then her husband Derek got sick, and bam. “Suddenly I started getting all the symptoms [again] and it was worse,” said Ms. Gilbert, a 61-year-old writer in Charleston, Ill. Read more of this post

China Set to Cap Transfers Using Mobile-Payment Services

China Set to Cap Transfers Using Mobile-Payment Services

Move Comes as State Banks Push Back Against Finance Businesses of E-Commerce Giants Alibaba, Tencent

Updated March 24, 2014 11:34 a.m. ET

BEIJING—China’s largest Internet firms have had startling success elbowing their way onto the turf of the state-run banks, but now the country’s banks and regulators are pushing back. Read more of this post

Chinese Auto Makers Want to Go High-Tech

12:00 pm
Mar 24, 2014

Chinese Auto Makers Want to Go High-Tech

In China, tech trends have been slowly catching up with the West, and in the race to make a car that connects with smartphones and other gadgets, Chinese auto makers are right on their global competitors’ bumpers. Read more of this post

SEC probes banks and companies in complex bond and loan securities dealings: WSJ

SEC probes banks and companies in loan securities dealings: WSJ

Mon, Mar 24 2014

(Reuters) – The U.S. Securities and Exchange Commission has launched an investigation into the increasing number of complex bond deals on Wall Street that may create new opportunities for fraud, the Wall Street Journal reported on Monday. Read more of this post

Google Deal With Luxottica Will Bring Glass to Ray-Ban, Oakley

Google Deal With Luxottica Will Bring Glass to Ray-Ban, Oakley

ROLFE WINKLER

March 24,2014

image001-20

With Luxottica’s help, Google hopes to use style to overcome consumer doubts about Glass. Astro Teller, who oversees Glass among other projects at Google X, the company’s innovation lab, said it is a “very large Read more of this post

Disney to buy YouTube network Maker Studios for $500 million; “Short-form online video is growing at an astonishing pace and with Maker Studios, Disney will now be at the center of this dynamic industry”

Disney to buy YouTube network Maker Studios for $500 million

Mon, Mar 24 2014

By Ronald Grover

LOS ANGELES (Reuters) – The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. Read more of this post

How a deal with Comcast could force Apple to cede tight control over its products

How a deal with Comcast could force Apple to cede tight control over its products

By Brian Fung, Updated: March 24 at 11:44 am

Years after a cryptic claim by Steve Jobs that he’d “finally cracked” the TV business — a statement that’s led nowhere so far — Apple’s trying its hand at television again, this time with a streaming entertainment service that’s reportedly launching with the help of Comcast. Read more of this post

Developing leaders in a business; In his book The Will to Lead, Marvin Bower, McKinsey’s managing partner from 1950 to 1967, urges senior managers to abandon command-and-control structures and adopt a program to develop leaders

Developing leaders in a business

In his book The Will to Lead, Marvin Bower, McKinsey’s managing partner from 1950 to 1967, urges senior managers to abandon command-and-control structures and adopt a program to develop leaders, starting with themselves. In this excerpt, he explores the attributes of leadership. Read more of this post

Angry Chinese Homeowners Vent Frustrations After Price Cuts; Homeowners Demand Their Money Back After Developer Cuts Prices on New Homes

Angry Chinese Homeowners Vent Frustrations After Price Cuts

Homeowners Demand Their Money Back After Developer Cuts Prices on New Homes

ESTHER FUNG

March 22, 2014 9:11 a.m. ET

CHANGZHOU, China—Groups of angry homeowners put up banners and demanded their money back after Hong Kong-listed property developer Wharf Ltd. cut prices on new homes in an eastern Chinese city, in the latest sign of stress in the nation’s property market. Read more of this post

In defence of sycophantic wage slaves; Flattery is crucial to survival in the corporate world and beyond

March 23, 2014 1:13 pm

In defence of sycophantic wage slaves

By Lucy Kellaway

Luke Johnson is wrong. Flattery is crucial to survival in the corporate world and beyond

If you are reading this, the chances are that you are a sycophant, an arse-kisser and a phoney. Read more of this post