We all know the sage advice that in a gold rush the best thing to do is sell shovels. My caveat would be to ensure you’re paid in cash. And just to be clear for the modern world, this does not mean getting paid in Bitcoin Cash. Yes, I am looking at you, Bitmain Technologies Ltd. The Chinese company is ...

After a string of scandals, the European Commission has unveiled new plans to crack down on money laundering. It’s right to take this problem seriously — but its proposals are weak. Instead of setting up a new agency and equipping it to do the job, Europe plans to keep relying on national authorities, some of which aren’t up to the ...

It was as a newspaper-office intern in New Delhi in 1992 that I witnessed the birth of India’s homegrown belt-and-road initiative. The program was midwifed by an up-and-coming lender that few had then heard of: Infrastructure Leasing & Financial Services Ltd. (IL&FS). It wasn’t called belt-and-road, a term that would gain currency much later as a catchphrase for China’s opaquely ...