The past couple of decades have not been kind to newspapers but few have gone under while still having €2 million in the bank, as was the case with Hong Kong’s Apple Daily. The paper, a boisterous Cantonese mix of red-top tabloid (though it was, physically, a broadsheet), Private Eye and old-fashioned muck-raking, rolled off the presses for the last time on June 24 after 26 years. A lack of available finances had killed the paper off in less than a week. Authorities froze the paper’s assets after its CEO and editor-in-chief were charged with collusion with foreign forces under…

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