Chee Li Min

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Finance in the Asian Century

First it was manufacturing, now it's the financial system. Warren Hogan, ANZ chief economist, talks to the FT's Paul J Davies about the next stage of …

Is This Stat A Sign We're At The Dawn Of A Biotech Mega-Bubble?

Once again, we have to wonder if biotech stocks have been in a bubble and if that bubble is beginning to burst.<p>As you can see in the chart to the right, returns in biotech stock have eclipsed the impressive returns of the S&P 500.<p>Unfortunately, it's particularly difficult to judge whether or not a …

The Rise Of The Euro Mega-Round

Slowly, quietly, but increasingly more noisily, startups originally hailing from Europe but going global have been raising larger and larger funding rounds. The linch-pin in the ecosystem has been financing from London (handily, that’s where we’re holding our Disrupt conference there in October). …

Bigger is better if you buy China bank stocks

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Bitcoin's Legality Around The World

Last November, the U.S. Senate dove head-first into the world of Bitcoin, prompted by Security and Governmental Affairs Committee Chairman Tom Carper, a Democratic senator from Delaware who has become very interested in the digital coin. Representatives from law enforcement and financial agencies …

Amazon Prime: an expensive cash cow

Not a great day for retail giant Amazon. The company announced 4th quarter earnings and, although revenue was up 20% over the year before, it did not meet expectations.<p>Amazon might be fast becoming a ubiquitous market force, but its profits have been hit or miss. The company said it might raise …

Can You See the Opportunities Staring You in the Face?

We all suffer from inattention blindness. We focus so intently on a particular task that we don’t notice the weird thing that’s right there in plain view. The person walking by in a gorilla suit, for example.<p>Companies suffer from inattention blindness too. And in a business context, the weird thing …

Samsung to spend $14 billion on ads and marketing for Galaxies, other products this year

Samsung is apparently on track to spend $14 billion this year on advertising and marketing in order to sell more Galaxy handsets and other products, but ads will not always work in its favor.<p><i>Reuters</i> reports that the Samsung’s promotion budget this year is actually bigger than Iceland’s entire GDP, …

Why Is Starbucks So Expensive in China?

And why do people go there anyway? The culture and economics of drinking lattes in China<p>The problem with this idea is pretty simple—operating a Starbucks store in China is expensive. For a country where labor is cheap—Starbucks baristas in Beijing make much less than their American …

Hyundai eyes image boost with ‘made of more’ campaign

en_GB<p>article<p>Hyundai is hoping to show a more human side of its brand with a campaign it says marks a change of direction by aiming to create a sense …

Marketers, These Eye-Popping Stats Will Make You Stop Chasing Youth, Start Courting Boomers

Baby boomers control 70% of American’s disposable income, yet only 5% of advertising is geared toward their age group. Why? Read on for more compelling numbers, and the ideas behind them.<p>In 1963, Pepsi-Cola kicked off a TV, radio, print, and billboard campaign that made advertising history.<p>Pepsi …

Google is laying the groundwork to build its own self-driving car—without a major auto manufacturer as partner

Once again, Google is apparently working on its own version of hardware at the same time that it’s partnering with mainstream manufacturers of the same kind of device. But this time, it’s a car.<p>A report by Amir Efrati includes details of Google’s exploration of what it would take to build its own …