Call it full circle. Five years after the 2013 taper tantrum, Indonesia is looking fragile again. This year, foreigners have been selling anything to do with the Southeast Asian nation. The Jakarta Composite Index is down 7.4 percent, making Indonesia, along with the Philippines, one of the worst-performing emerging markets in the region. The rupiah has tumbled 3.6 against the ...

Pop quiz: Which of Alphabet Inc., Apple Inc., Amazon.com Inc., Facebook Inc. and Netflix Inc. has shouted most to investors about Bitcoin or blockchain? The answer is… none of the above. Bloomberg’s database of regulatory filings shows no mention of either blockchain or Bitcoin in these companies’ disclosures since 2008. The closest was Netflix CFO David Wells, who said on ...

My favourite bit in the Wall Street Journal story about Wells Fargo & Co.’s latest regulatory screw-up was this statement from the bank’s public relations department: Over the past several months we’ve built more robust internal processes that reinforce our values, and if we find any situations where behavior violates those values, we take swift action to correct. To which ...