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Business. Selling clothes online in Russia. Fabric of society. Two Germans have a mission: to clothe the Russian middle classes. Online as well as offline, imitation is the sincerest form of fla...

商业 俄罗斯服装行业的电子商务 服装世界 两个德国人的使命：令俄罗斯中产阶层人士穿上他们卖的衣服 无论在线上或是线下，模仿是最真诚的恭维方式。 Vente-Privee，一间以法国女人可能喜欢深度打折的潮流服饰这一奇特的理念而起...

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Business. South Korea's music industry. Top of the K-pops. Korean musicians must export or starve. PSY, also known as Park Jae-sang is having the time of his life. On August 12th at a stadium in S...

商业 韩国音乐产业 韩流顶端 韩国音乐家 音乐外销成唯一出路 PSY，原名朴载相，火了。8月12日，这位说唱明星在首尔一家体育馆内举行了演唱会，场面火爆万人空巷。他为30000名粉丝表演了近4个小时。不仅如此，新歌"江南styl...

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Business. Facebook and the under-13s. Kid gloves. Small children are a big headache for the social network. One American in three aged 65 or older uses social networks, says a new report by the Pew...

商业 脸谱网和13岁以下的儿童 谨慎处理儿童问题 社交网络中的小孩是个大问题 美国智库皮尤研究中心在新发布的一份报告中指出，美国65岁及其以上的老年人中有三分之一使用社交网络。但如今制造状况的却是年纪轻轻的冲浪者，而非满头...

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The promise of superior performance is wrong, he says. Of course some investors make a killing, but on average hedge funds have underperformed even risk-free Treasury bills. This is because the bulk o...

他写道，这些对优秀业绩的承诺是错误的。当然一部分投资者是会有所猎获的，但平均来说对冲基金的表现连无风险的美国国债都不如。这是因为大部分投资者的资金都是最近这十年才涌入的，而对冲基金表现最佳的时候是比现在小的时候。更有问题的是不知道对冲基金的...

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Business books quarterly. Book Review. The success of hedge funds. Masterclass. Two books analyse what makes hedge-fund managers great, and reach very different conclusions. The Alpha Masters: Unloc...

商业书籍 书评 对冲基金的成功 大师级 两本介绍对冲基金的成功之处的书 其结论大相径庭 阿尔法大师：揭秘世界顶尖对冲基金的智慧，曼尼特·阿胡贾着。 对冲基金的海市蜃楼：巨资的幻象及其难以置信的原因，西蒙·拉克着。 忘...

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Business. Summer camps. Camps for scamps. An American tradition is spreading. Some have their faces painted as Spider-Man; others as sparkly pink butterflies. Children at Super Camps arrive each...

商业 夏令营 顽皮鬼的天地 一项美国传统正在传播蔓延 一些人把他们的脸涂成蜘蛛侠,其他则描画成耀眼的粉红蝴蝶。每个工作日的早晨，孩子们都满载热情并带上便当来到超级营地准备丰富多彩的一天。除了攀岩走壁（这毫无疑问是蜘蛛侠最擅长的...

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Business. Avon in South Africa. Cosmetic difference. Lipstick changes lives south of the Limpopo. For years Alice Mthini scraped by as a domestic servant. Becoming an "Avon lady" in 2009 changed...

商业 雅芳在南非 化妆行业带来的改变 唇膏改变了南林波波省人们的生活 爱丽丝·麦菲尼是一名家政女佣，多年来，一直以此勉强维持生计。2009年，爱丽丝被聘为"雅芳小姐"。这，改变了她的一切。渐渐地，她发掘出自己的销售才能，在...

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Business. An intellectual-property exchange. Marketplace of ideas. A new financial exchange hopes to make it easier to trade patent rights. The technology industry is at war over intellectual pr...

商业 知识产权交易 创意集市 愿新型金融交易让专利买卖更容易 科技产业就知识产权的问题一直纷争不断。5月7日，甲骨文和谷歌就与编程语言Java相关的专利和版权声明进行了多回合的首轮较量，结果双方铩羽而归。苹果、三星及其他厂商在智...