Recent Posts

Southeast Asia should keep taking the world’s junk

Southeast Asian nations no longer want your trash. Last week, Malaysia announced it was sending 3,300 tons of scrap plastics including CDs, insulated electric cables and milk jugs back to countries ranging from Australia to Bangladesh, Canada, China and Japan. Days later, the Philippines shipped back 69 containers of dirty Canadian diapers and other refuse brought into the country between ...

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Wall Street outguns Europe’s banks, again

Pity Europe’s banks. For years, they have been in retreat, losing business in their own back yards to Wall Street rivals. Now the battlefront is shifting – but what looks like an opportunity to gain ground may be just the opposite. In wholesale banking, the pursuit of growth has moved away from the dealing floor – where revenue has been ...

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Cryptocurrency winners are starting to emerge

The value of all cryptocurrencies in circulation is about $275 billion, which is around the same level as late November 2017. But a lot has happened in between, with values soaring to more than $800 billion at the every end of that year, and then plunging to barely $100 billion in late 2018. The wild swings are not unlike the ...

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