R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
February 15, 2014 1 Comment
February 11, 2014 8:17 am
China squeeze is hampering Asian growth
By Henny Sender
Fed tapering raises the focus of China’s role as liquidity provider
Amilestone of sorts was reached last year when for the first time ever, more bank credit as a percentage of GDP went to emerging markets than to developed markets. Read more of this post
February 15, 2014 Leave a comment
February 11, 2014 2:39 pm
Appetite for US-listed Chinese stocks transcends audit dispute
By Simon Rabinovitch in Shanghai
Not too long ago, Chinese companies listed on US stock exchanges were anendangered species. Bears had pounced on them after short sellers exposed fraud after fraud. And a Washington-Beijing regulatory dispute over auditing threatened them all, even the good ones, with a mass delisting. Read more of this post
February 15, 2014 Leave a comment
RICE CORRUPTION
Business lobbies, academics blast rice subsidies, govt’s ‘insincere’ anti-graft sentiments
Pichaya Changsorn
The Nation
February 12, 2014 1:00 am
Some academics and private-sector representatives yesterday slammed the government over its controversial rice scheme and its “insincerity” in tackling the country’s chronic corruption problems. Read more of this post
February 15, 2014 Leave a comment
Voices From the CIO Network Conference
VMware CEO Pat Gelsinger on the massive disruption in the IT industry
Feb. 10, 2014 4:47 p.m. ET
‘When we think about this period that we’re in—the combination of cloud, mobile, and big data disrupting both consumer IT and enterprise IT—we are in the period of the greatest tectonic shift in the IT industry in the last 30 years. We think about the Internet wave, the mainframe, the minicomputer—this is the granddaddy of them all. And the companies that we’ve seen fall so far, these are the minor tremors of the things that are going to happen over the course of the next few years.’
February 15, 2014 Leave a comment
The Social Data That Business Should Use
Focus on how people relate to each other, says MIT’s Sandy Pentland
Feb. 10, 2014 4:47 p.m. ET
Social-physics expert Sandy Pentland from MIT’s Human Dynamics Laboratory says that face-to-face social connections are the most effective way of communicating information and getting results. He speaks at The Wall Street Journal’s CIO Network conference in San Diego. Read more of this post
February 15, 2014 Leave a comment
The CIOs’ Top Priorities
No. 1: Build a Data-Driven Culture
Feb. 10, 2014 4:47 p.m. ET
The five task forces at the CIO Network conference presented their recommendations to the full conference, which voted these as the top five overall priorities:
1. Build Data-Driven Culture
Create data culture at all levels of the business. Create data strategy that can be driven back into business units. Have data that is easily accessible and consumable. Read more of this post
February 15, 2014 Leave a comment
Ray Kurzweil: Technology and the New, Improved You
Ray Kurzweil says technology will make us smarter, healthier and more productive
Feb. 10, 2014 4:47 p.m. ET
Author, Google engineer and futurist Ray Kurzweil tells Wall Street Journal Editor in Chief Gerard Baker that advancing technologies will be integrated into ourselves. He speaks at the Journal’s CIO Network conference in San Diego. Read more of this post
February 15, 2014 Leave a comment
Information Security? What Security?
Forget Prevention, says Venture Capitalist Ted Schlein, Focus on Limiting Damage
Feb. 10, 2014 4:47 p.m. ET
Venture capitalist Ted Schlein from Kleiner Perkins Caufield & Byers discusses the effects of crowd funding and angel investors on venture capitalism. He talks at The Wall Street Journal‘s CIO Network conference in San Diego. Read more of this post
February 14, 2014 Leave a comment
February 11, 2014 6:43 pm
How Johnson’s ‘Great Society’ boosted Silicon Valley
By Swaminathan Aiyar
The rapid rise of the US tech sector can be attributed to enlightened policies, writes Swaminathan Aiyar
The choice of Satya Nadella
as Microsoftchief executive drives home the fact that the US has become the world’s leading technology power by harnessing the skills of millions of skilled Asian immigrants. It is also a vindication, 50 years after the fact, of US President Lyndon Johnson’s legislation to create a “Great Society” that uplifted the poor and ended racial discrimination. Read more of this post
February 14, 2014 Leave a comment
The Cloud Grows Up
Gartner’s Peter Sondergaard on the cloud’s role in helping CIOs achieve agility
Feb. 10, 2014 4:47 p.m. ET
The business applications of the future will be moving onto the cloud to improve their agility, says Gartner Inc. Senior Vice President and Global Head of Research Peter Sondergaard. He speaks at The Wall StreetJournal’s CIO Network conference in San Diego. Read more of this post
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Feb 11, 2014
Foxconn Is Quietly Working With Google on Robotics
Foxconn has long been associated as the partner for Apple, assembling the majority of the U.S. company’s iPhones and iPads.
But few people know the Taiwanesecontract manufacturer, also known as Hon Hai Precision industry, has been quietly working with Google. Read more of this post
February 14, 2014 Leave a comment
Updated: Wednesday February 12, 2014 MYT 8:26:48 AM
Creativity and hardwork lead to growing empire
BY ZIEMAN
Cosry is owned by Ariff (left) and Putra Aziz, who is the designer
The humble beginnings of Cosry Wise (M) Sdn Bhd are truly inspiring, considering the company is currently one of the leading names in Malaysian high fashion. Read more of this post
February 14, 2014 Leave a comment
Led to music by a horse
From teaching music to actors such as Daniel Craig, Professor Bernard Lanskey now helps students at the Yong Siew Toh Conservatory of Music pursue their dreams. Read more of this post
February 14, 2014 Leave a comment
February 11, 2014, 5:31 PM ET
Growth Isn’t Over
There is a school of thought that economic growth, fueled by innovation, is over. Robert Gordon, a professor at Northwestern University, wrote that “the future of American economic growth is dismal,” in a 2012 article published by The Wall Street Journal. Not everyone is ready to throw in the towel. In a blog post published by TalkingPointsMemo, Professors Erik Brynjolfsson, of the MIT Center for Digital Business, and Andrew McAfee, of the MIT Center for Digital Business, argue that growth is only being “held back by our inability to process all the new ideas fast enough.” Read more of this post
February 14, 2014 Leave a comment
Patience and Thrift by John D. Rockefeller
Patience:
All the while, John Rockefeller, with the dogged patience
that would defeat scores of embattled competitors, waited
determinedly in the wings. …
Rockefeller succeeded because he believed in the longterm
prospects of the business and never treated it as a mirage that
would soon fade. Read more of this post
February 14, 2014 Leave a comment
Smart People Should Build Things: How to Restore Our Culture of Achievement, Build a Path for Entrepreneurs, and Create New Jobs in America Hardcover
by Andrew Yang (Author)
Andrew Yang, the founder of Venture for America, offers a unique solution to our country’s economic and social problems—our smart people should be building things. Smart People Should Build Thingsoffers a stark picture of the current culture and a revolutionary model that will redirect a generation of ambitious young people to the critical job of innovating and building new businesses. Read more of this post
February 14, 2014 Leave a comment
February 11, 2014 3:43 pm
Beware the Faustian pact of the professions
By Luke Johnson
I think all humans are born with an innate desire to create. I see the instinct in my children, when they construct miniature worlds with Lego sets. Some of us are lucky enough to exercise such impulses as an adult, either at work or in our hobbies. But tragically, many intelligent and ambitious young people never pursue such a path in their careers. Instead, they enter into a Faustian pact and join one of the well-paid professions such as law, accountancy, banking or management consultancy. For all those bright starters, I suggest they read a new book called Smart People Should Build Things , by ex-corporate attorney Andrew Yang. Read more of this post
February 14, 2014 Leave a comment
The Boss’s Next Demand: Make Lots of Friends
Companies Harness the Clout of Their Influential Employees
RACHEL FEINTZEIG
Feb. 11, 2014 7:06 p.m. ET
Making friends at the office has never been more rewarding.
Armed with reams of new data, companies including giants Procter & Gamble Co.PG +1.04% and Cisco Systems Inc. CSCO -0.53% are seeking out “influencers,” or those among their employees who are particularly well-connected and trusted by their peers.
Once found, the firms are harnessing these workers’ clout to come up with new products, get workers on board with big changes like mergers, or spread information throughout the organization. Read more of this post
February 14, 2014 Leave a comment
Big Banks’ Vanity Unfair for Their Investors
JOHN CARNEY
Feb. 11, 2014 2:46 p.m. ET
Even leaving aside the flashy watches, bespoke suits and ostentatious vacation homes, bankers’ obsession with the way they are perceived may be more costly than it appears—costly to investors, that is.
A recently revised working paper from a trio of economists at the Federal Reserve Bank of New York demonstrates that in the depths of the financial crisis, banks willingly overpaid for loans from the Fed. They did so by choosing to borrow from a special facility, even though the cost was at a substantial premium to funds available from the Fed’s discount window, the paper notes. Read more of this post
February 14, 2014 Leave a comment
No Law of Large Numbers for Yelp
DAN GALLAGHER
Feb. 6, 2014 3:46 p.m. ET
For a small company, Yelp YELP +18.92% commands some big numbers.
For instance, there’s the 67% revenue-growth rate year over year that the online-review site has averaged each quarter since it went public in March 2012. There is also the site’s 120 million average monthly visitors in the fourth quarter, up 39%. And 53 million of those are coming from mobile, up 60% in the fourth quarter. Read more of this post
February 14, 2014 1 Comment
Japanese ‘Beethoven’ Admits Hiring Another Composer to Write Works
Acclaimed composer Mamoru Samuragochi, turns out not to have written some pieces and may not even be deaf.
ALEXANDER MARTIN
Updated Feb. 6, 2014 4:23 p.m. ET
Mamoru Samuragochi was acclaimed for compositions including one being used at a Sochi skating event; Takashi Niigaki says he wrote music for Mr. Samuragochi. Reuters Read more of this post
February 14, 2014 Leave a comment
TUESDAY, FEBRUARY 11, 2014
9 Undervalued Stocks From Around the World
By DIMITRA DEFOTIS | MORE ARTICLES BY AUTHOR
Tocqueville’s James Hunt has outrun the index in good times, and, importantly, in down markets too.
A series of black and white photos line the wall of James Hunt’s New York office, testament to the day three decades ago when he outran the bulls in Pamplona. Read more of this post
February 14, 2014 Leave a comment
February 11, 2014 12:46 pm
South Korea releases jailed executives
By Simon Mundy in Seoul
South Korean courts have commuted the prison sentences for fraud of two of the country’s most prominent businessmen, undermining hopes of a crackdown on high-level corruption. Read more of this post
February 14, 2014 Leave a comment
Garuda, Gallant Venture to build hub in Bintan
Nadya Natahadibrata, The Jakarta Post, Singapore | Business | Wed, February 12 2014, 10:20 AM
National flag carrier PT Garuda Indonesia signed a memorandum of understanding (MoU) with Singapore-based investment company Gallant Venture on Tuesday to develop an airport and maintenance facility in Bintan, Riau Islands.
Garuda president director Emirsyah Satar and Gallant Venture CEO Eugene Park inked the deal during the 2014 Singapore Airshow in Singapore. Read more of this post
February 14, 2014 Leave a comment
Updated: Wednesday February 12, 2014 MYT 11:01:19 AM
Tesco clothing brand takes expansion to 20 countries
LONDON: The clothing brand sold by Britain’s biggest retailer Tesco said on Tuesday it had opened its first stores in the Philippines, expanding its footprint to 20 countries globally.
F&F, launched in the UK and Republic of Ireland in 2001, said it and local franchise partner Stores Specialist Inc had opened three stores already in the Philippines, with 10 in total planned this year. Read more of this post
February 14, 2014 Leave a comment
China’s Central Bank Leads Effort to Regulate Internet Finance
Move Comes as Technology Firms Muscle In on Businesses Dominated by Traditional Banks
LINGLING WEI and PAUL MOZUR
Updated Feb. 11, 2014 7:06 a.m. ET
BEIJING—China’s technology giants are marching onto the turf of the country’s state-controlled banks, soaking up tens of billions of dollars’ worth of investor money.
Now, regulators are taking notice.
China’s central bank is leading a government effort to stem potential risk from a new generation of popular online investment products, according to people with direct knowledge of the matter. Officials are looking to develop regulations aimed squarely at products offered by an affiliate of e-commerce giant Alibaba Group Holding Ltd. as well as by rivals Tencent Holdings Ltd. 0700.HK 0.00% and Baidu Inc. BIDU +1.25% Read more of this post
February 14, 2014 Leave a comment
Private-Equity Investors Join China’s Environmental Cleanup
CHAO DENG
Feb. 11, 2014 7:49 a.m. ET
Private-equity firms are again betting on China’s environmental sector as the government adopts a new sense of urgency in cleaning up the nation’s filthy air and water.
After a decline in 2012, the firms’ investments in environment-related businesses in China last year totaled $1.2 billion, a record-high 7.1% of all private-equity investment in the country, according to the Hong Kong-based Centre for Asia Private Equity Research. That’s up from 2.3% in 2012 and 6% in 2011, according to the center. The media, construction and consumer goods sectors were among those that were more popular. Read more of this post
February 14, 2014 Leave a comment
TUESDAY, FEBRUARY 11, 2014
Not a Run on China, But a Brisk Walk
By RANDALL W. FORSYTH | MORE ARTICLES BY AUTHOR
Wealthy Chinese are voting with their feet to move wealth abroad. That ought to send a message to investors.
The popular perception is that money is gushing into China, between its burgeoning trade surpluses and the rush to invest in the world’s second-largest economy. That perception is sorely out of date. Read more of this post
February 14, 2014 Leave a comment
Updated: Wednesday February 12, 2014 MYT 10:36:13 AM
New York planning a reality check for virtual currencies
WASHINGTON/NEW YORK: New York’s financial regulator on Tuesday revealed new details on how the state plans to govern virtual currencies such as Bitcoin, just as problems in the nascent market took a turn for the worse. Read more of this post
February 14, 2014 Leave a comment
CIOs Eye the Corner Office
At the CIO Network conference, it’s clear they’ve left their narrow, geeky world behind
JOHN BUSSEY
Feb. 10, 2014 4:47 p.m. ET
Who is today’s chief information officer? Still the techie in the windowless office behind the mainframe?
Not by a long shot. Today most CIOs have a more expansive role—and a set of aspirations to match. Now that the CIO manages the ever more complex information flow that drives a company’s internal decisions as well as its links to customers globally, the job has the look of a corporate steppingstone to higher ground. Read more of this post
咬定青山不放松，立根原在破岩中。 千磨万击还坚劲，任尔东西南北风。
Bamboo Innovator 