Stan Shih, founder of Taiwan’s struggling personal computer maker Acer, will retire as chairman next month, six months after he returned to launch reforms

Acer founder Shih now programmed for retirement
Monday, May 05, 2014
Stan Shih, founder of Taiwan’s struggling personal computer maker Acer, will retire as chairman next month, six months after he returned to launch reforms. Read more of this post

Tricky times loom for mainland banks as trust products mature

Tricky times loom for mainland banks as trust products mature
Monday, May 05, 2014
The big four state-owned banks recently announced their first-quarter performances.

Apart from Industrial and Commercial Bank of China (1398), the others saw double-digit growth in profit. But the ideal earning performance cannot eliminate investors’ concerns over mainland banking risk. Read more of this post

China Lumena will be removed from the Hang Seng Composite Index after its chairman and its controlling shareholder apparently absconded with 10 billion yuan of company funds

Lumena fades off from benchmarks 
Imogene Wong
Thursday, May 08, 2014
China Lumena New Materials Corp (0067) will be removed from the Hang Seng Composite Index after its chairman and its controlling shareholder apparently absconded with 10 billion yuan (HK$12.4 billion) of company funds. Read more of this post

Internet giant Tencent (0700) has attracted 80 billion yuan (HK$99.6 billion) for its wealth management product Licaitong in less than four months since its launch

Tencent chasing 
Wednesday, May 07, 2014
Internet giant Tencent (0700) has attracted 80 billion yuan (HK$99.6 billion) for its wealth management product Licaitong in less than four months since its launch, taking its daily inflow to 727 million yuan. Read more of this post

Several employees at the local office of global accounting giant PwC fear there are recruiting practices in the pipeline that could load them up with work

Accountants fear idea of interns in numbers game
Staff reporter
Wednesday, May 07, 2014
Several employees at the local office of global accounting giant PwC fear there are recruiting practices in the pipeline that could load them up with work. Read more of this post

The US lawyer bubble has conclusively popped

The US lawyer bubble has conclusively popped

By Max Nisen @MaxNisen May 7, 2014

Law schools aren’t just facing a momentary downturn. The industry has to deal with the fact that the world simply needs far fewer lawyers. Read more of this post

The partners who control Alibaba are anonymous and all-powerful

The partners who control Alibaba are anonymous and all-powerful

By Heather Timmons @HeathaT May 7, 2014

Update: A source close to the company told Quartz after this article was published that the company’s updated IPO filing in about six weeks is expected to name the board of directors and the partners. Read more of this post

Voodoo Investment Strategies: Mathematicians on the attack

Voodoo Investment Strategies

Mathematicians on the attack.

By John Rekenthaler | 05-08-14 | 10:45 AM | Email Article

Firing a Broadside
Immediately after I finished yesterday’s column on technical analysis, a related paper landed on my desk: “Pseudo-Mathematics and Financial Charlatanism: The Effects of Backtest Overfitting on Out-Of-Sample Performance.” Read more of this post

A Dozen Things I have Learned from Howard Schultz

A Dozen Things I have Learned from Howard Schultz

25iq  

1. “Success is best when it’s shared.”  “Culture and values trumps strategy.” “Business is a team sport.” “Service is a lost art in America.  It’s not viewed as a professional job to work behind a counter. We don’t believe that. We want to provide our people with dignity and self-esteem, so we offer tangible benefits.”

Read more of this post

Alibaba Dominates Mobile Commerce In China, With 76% Of All Sales And 136M MAUs

Alibaba Dominates Mobile Commerce In China, With 76% Of All Sales And 136M MAUs

Posted May 6, 2014 by Ingrid Lunden (@ingridlunden)

Mobile is mentioned a grand total of 254 times in Alibaba’s IPO filing out today – underscoring the influence that phones and tablets have on Alibaba’s business today and will have in the future. Read more of this post

Seoul’s financial hub facing exodus of firms

Seoul’s financial hub facing exodus of firms

May 12,2014

image001-1 image002 Read more of this post

Nearly 23 percent of South Korea’s listed companies with over one trillion won ($973.7 million) annual sales failed to earn enough from business operations to cover interest expense

23% of S. Korean firms with over $970mn revenue make profit short of interest expense

2014.05.07 14:55:49

Nearly 23 percent of South Korea’s listed companies with over one trillion won ($973.7 million) annual sales failed to earn enough from business operations to cover interest expense last year due to recession.  Read more of this post

Tech Stocks Crumble As The Market Demands What They Can’t Deliver

Tech Stocks Crumble As The Market Demands What They Can’t Deliver

Posted May 7, 2014 by Alex Wilhelm (@alex)

It’s a nasty day for technology companies in the public markets, as aging giants like AOL are falling right alongside upstarts with larger market caps like Twitter and Groupon that are popping negative. Read more of this post

Alibaba’s IPO Means Consumer Tech Innovations From Asia Can’t Be Ignored Anymore

Alibaba’s IPO Means Consumer Tech Innovations From Asia Can’t Be Ignored Anymore

Posted May 6, 2014 by Catherine Shu (@catherineshu)

Asia’s tech companies still have a reputation in the West for being copycats. But Alibaba’s massive IPO is proof that consumer tech innovations from Asia can no longer be ignored. Read more of this post

S. Korea’s credit card usage No.1 among major nations

S. Korea’s credit card usage No.1 among major nations

2014.05.11 14:51:58

South Korea topped the list in terms of the frequency of credit card use among major nations around the world. Korea ranked third in per-capita credit card spending.

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Global impact of Muslim discoveries

Updated: Thursday May 8, 2014 MYT 7:23:17 AM

Global impact of Muslim discoveries

BY MARINA MAHATHIR

Muslims are benefiting from other people’s inventions, but in Malaysia all sorts of schemes are invented to relieve other Muslims of their money.

AS those who are familiar with Japan will know, their toilets are the best in the world. Not only are they clean and odourless, they have also invented toilets that clean, dry and warm you. They can even provide music while you sit on the potty. Read more of this post

South Korea’s card firm will adopt fingerprint recognition service to authenticate cardholders’ identity when making online payments via credit cards

Fingerprint recognition to authenticate cardholders’ identity for online payment

Lee Yoo-sup

2014.05.11 18:07:25

South Korea’s card firm will adopt fingerprint recognition service to authenticate cardholders’ identity when making online payments via credit cards. This is the first-ever of its kind in the nation’s financial industry.  Read more of this post

From ‘I’ to ‘we’: how to give up control and shift to shared leadership

From ‘I’ to ‘we’: how to give up control and shift to shared leadership

Published 09 May 2014 10:28, Updated 09 May 2014 13:18

Roma Gaster

Business leaders today face multiple demands on their time as well as their emotional and physical resilience. The imperative to deliver results, drive profits, manage multiple stakeholder interests and do more with less leaves many executives and senior managers burdened. Many feel that the success of a business relies on their efforts alone. Read more of this post

Singapore Exchange sets sights on China

Singapore Exchange sets sights on China

May 9, 2014

Max Mason

Singapore Exchange chief executive Magnus Böcker says he is unlikely to make a second run at a merger with the ASX, and will instead focus on China after Singapore became just the second place able to have Chinese companies list directly on its exchange. Read more of this post

Alleged insider trading case cracked through LinkedIn

Alleged insider trading case cracked through LinkedIn

May 12, 2014

Foreign exchange broker Owen Kerr turned to social media website LinkedIn to make the vital connection between the two men accused of one of the country’s biggest insider trading cases. Read more of this post

China is cheapening the yuan for scarier reasons than usual

China is cheapening the yuan for scarier reasons than usual

By Gwynn Guilford @sinoceros May 9, 2014

The sharp drop in the yuan’s value that started in mid-February 2014 has riled up US government officials who suspect that the People’s Bank of China is helping Chinese exporters at the expense of everyone else. But it has remained a bit of a mystery who was actually behind that drop—the PBoC or traders. Read more of this post

Caixin Explains: How WeChat Handles O2O Commerce; Tencent’s popular app has taken the lead in linking Net users and physical businesses. Here is how the transactions work

Caixin Explains: How WeChat Handles O2O Commerce

05.05.2014 19:47

Tencent’s popular app has taken the lead in linking Net users and physical businesses. Here is how the transactions work

By staff reporter Qu Yunxu and Niu Muge

(Beijing) — O2O, or online-to-offline commerce, has become a buzzword in e-commerce. Companies like Tencent Holdings and Alibaba Group are racing to roll out apps that can link the Internet to traditional businesses and to partner with physical stores and service providers. Read more of this post

Holiday Is over for E-Travel Companies in Tough New Market; Rise of mobile Internet means industry leader Ctrip is facing a host of new challengers like Qunar

05.09.2014 18:11

Holiday Is over for E-Travel Companies in Tough New Market

Rise of mobile Internet means industry leader Ctrip is facing a host of new challengers like Qunar

image001-2

By staff reporter Qin Min

(Beijing) – The landscape for China’s online travel services is changing fast with the rise of mobile Internet and the arrival of several new entrants in recent years. Read more of this post

Why did hog giant’s IPO fail to entice investors?

Why did hog giant’s IPO fail to entice investors?

2014-05-07 18:59:22

Peter Fuhrman is chairman, founder and Chief Executive Officer of China First Capital,

During the world’s biggest probate dispute a few years ago, a fascinated audience learned that Nina Wang, the late chairwoman of Hong Kong real estate developer Chinachem, paid $270 million to her feng shui adviser (and lover) to dig lucky holes. As many as 80 of them were dug around Wang’s properties to improve her fortune. Read more of this post

China’s property developers face uphill battle; Among the 117 developers listed on the Shanghai and Shenzhen stock exchanges, 61 posted shrinking profits or even losses for the first three months

China’s property developers face uphill battle

05-08 21:10 Caijing

Among the 117 developers listed on the Shanghai and Shenzhen stock exchanges, 61 posted shrinking profits or even losses for the first three months Read more of this post

Mike Maples: There will be no next Silicon Valley; Mike Maples on his fellow VCs: “Most just suck at it”

Mike Maples: There will be no next Silicon Valley

BY CARMEL DEAMICIS 
ON MAY 8, 2014

In 1994 when Mike Maples graduated Harvard Business School, he didn’t head straight to Silicon Valley. He thought that at that point the Valley had been developed so extensively he couldn’t make a big impact. He feared he’d be traversing the same well-worn path without forging new ground. Read more of this post

As the iPad turns four, the tablet faces an existential crisis

As the iPad turns four, the tablet faces an existential crisis

BY JAMES ROBINSON 
ON MAY 9, 2014

Last month, the iPad turned four-years old. Throughout the device’s short lifespan, Apple has remained the king of the tablet market. As evidence, consider that 77 percent of all web traffic on tablets comes from iPads. This is a dominant position for Apple to find itself in, given that Googleonly has 67 percent of the desktop search market. Read more of this post

Is It a Good Time to Invest in China Music Market?

Is It a Good Time to Invest in China Music Market?

by Tracey Xiang – May 8, 2014

Mason Xu witnessed the rapid growth in China movie market in the past several years. After leaving Bona Film Group, a local movie distributor, as CFO in 2012, he co-founded a PE fund as CEO to make investments in movie industry. Now he argues, at a recent event, it’s time to make investments in China’s music industry which will take off like how movie industry did several years ago.

image001-1 Read more of this post

JPush: a Push Notification-based Business Opportunity in China

JPush: a Push Notification-based Business Opportunity in China

by Tracey Xiang – May 9, 2014

Notification push for apps has disrupted the mass message services ran by telecom operators in China. For years Chinese operators have been charging every single message sent by businesses to their customers which could be in millions. That cost, to businesses who have developed mobile apps, now has been reduced to zero through push services like JPush. Read more of this post

100 years of Alberta oil: How an industry was born

100 years of Alberta oil: How an industry was born

Yadullah Hussain | May 9, 2014 9:12 AM ET
100 YEARS OF MEMORIES

Do you have old photos of your family members working on Canadian oil developments languishing in the basement? Dust them off, scan and email them to fpenergy@nationalpost.com with detailed captions. We will publish the best online to commemorate 100 years of oil development in Alberta Read more of this post