Bamboo Innovator

Samsung Everland scales back luxury fashion

Samsung Everland scales back luxury fashion

Tuesday, Mar 04, 2014

Bae Ji-sook and Lee Woo-young

The Korea Herald/Asia News Network

SEOUL – Samsung Everland’s fashion division is shelving hexa by kuho, a high-end womenswear label targeting the global market, according to a company insider. Read more of this post

Caixin Explains: The ‘Lianghui’ Meetings; The country’s top legislature and political advisory body are meeting this week. Here is what you should know about them

03.03.2014 17:23

Caixin Explains: The ‘Lianghui’ Meetings

The country’s top legislature and political advisory body are meeting this week. Here is what you should know about them

Compiled by Caixin

(Beijing) – Top lawmakers and political advisors from all over the country are gathering in the capital this week for this year’s “lianghui,” or sessions of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC). Read more of this post

How HK could fall into a $1.5t trap

How HK could fall into a $1.5t trap
Eddie Luk
Tuesday, March 04, 2014
Government expenditures by 2041 would reach HK$2.9 trillion – more than twice revenues of HK$1.4 trillion – in a worst-case scenario projected by a government working group. Read more of this post

ingapore now the world’s most expensive city: Economist

Singapore now the world’s most expensive city: Economist

SINGAPORE — Singapore has topped the Economist Intelligence Unit (EIU) list of the world’s most expensive cities to live in, according to the 2014 list released yesterday (this morning, March 4, Singapore time).

1 HOUR 14 MIN AGO

SINGAPORE — Singapore has topped the Economist Intelligence Unit (EIU) list of the world’s most expensive cities to live in, according to the 2014 list released yesterday (this morning, March 4, Singapore time). Read more of this post

New breed of China-born designers seek their fortunes in Paris

March 3, 2014 1:28 pm

New breed of China-born designers seek their fortunes in Paris

By Elizabeth Paton

Among the well-established houses on the Paris Fashion Week calendar, a growing number of new names hail from mainland China. Read more of this post

‘White gold’ turns New Zealand into the ‘Saudi Arabia of milk’

March 3, 2014 8:49 am

‘White gold’ turns New Zealand into the ‘Saudi Arabia of milk’

By Jamie Smyth in Sydney

It was once derided as a country with 20 sheep for every person. But it is now cows that rule resplendent as an agricultural revolution driven by consumers in China has made New Zealand the world’s biggest milk supplier and transformed its US$175bn economy. Read more of this post

Norway’s oil fund caught between the devil and deep blue sea

March 3, 2014 3:03 pm

Norway’s oil fund caught between the devil and deep blue sea

By Richard Milne in Oslo

Sovereign wealth fund may cease investing in fossil fuels

On the very day last week when Norway’s parliament discussed banning its sovereign wealth fund from investing in coal miners, Store Norske, the country’s state-owned coal miner, opened a mine on the Arctic island of Svalbard. Hypocrisy was the word on the lips of environmentalists. Read more of this post

Active Stock ETFs Are Poised to Take Off; Fund Companies Are Rolling Out Funds and Regulators Are Weighing New Designs

Active Stock ETFs Are Poised to Take Off

Fund Companies Are Rolling Out Funds and Regulators Are Weighing New Designs

ARI I. WEINBERG

March 3, 2014 4:00 p.m. ET

In the $1.7 trillion world of exchange-traded products in the U.S., one lonely corner of the market has received outsize attention lately: the so-far tiny realm of actively managed stock exchange-traded funds. Read more of this post

Shedding Some Light on Shadow Banking; Don’t let a vaguely sinister label for this useful financing prompt harmful regulations

Shedding Some Light on Shadow Banking

Don’t let a vaguely sinister label for this useful financing prompt harmful regulations.

TONY JAMES

March 3, 2014 6:54 p.m. ET

The term “shadow banking” is one of those Orwellian terms that can undermine critical thought. It has a negative, vaguely sinister connotation about a source of financing that is an essential and desirable part of the financial system. As discussion about the regulation of nonbank entities begins in earnest, it’s time to clear the air about what these institutions are and how they operate. Read more of this post