The Hong Kong market is low-hanging fruit for shy but hungry unicorns. Bitmain Technologies Ltd., the world’s dominant producer of cryptocurrency-mining equipment, is mulling a public listing, founder Jihan Wu told Blake Schmidt of Bloomberg News. Giving early backers such as Sequoia Capital and IDG Capital an exit is a fine gesture, sure, but the four-year-old Chinese company is rushing ...

If US President Donald Trump wanted to discredit the West, he could hardly be doing a more thorough job of it. The hostility he directed at ostensible allies in the G-7 was bad enough, especially when contrasted with the obsequious praise he lavished on North Korea’s murderous Kim Jong Un in Singapore. Worse perhaps was the visual contrast between the ...

When it comes to risky trading, Citigroup Inc. may have a reason to protest too much. At an analysts’ conference, Citigroup CFO John Gerspach was asked about a recent proposed change to the Volcker Rule — the Dodd-Frank regulation that limits banks’ ability to make market bets with their own capital. Gerspach said the change wouldn’t matter much to Citi, ...