Opinion

  It’s not often that we hear updates from Asia’s cybersecurity companies. That’s because there aren’t very many of them. NEC Corp. announced on Monday it will set up a security operations center in California under its Infosec Corp. affiliate. The initiative adds to teams in Japan and Europe, allowing NEC to run a “follow the sun” operation, similar to ...

  China’s Communist government has never shown much concern for the privacy of Chinese citizens. If you have something to hide, the thinking goes, we probably need to know it. In one form or another, surveillance and monitoring have evolved into a well-honed form of social control. And as a result, neither companies nor consumers have traditionally had very high ...

  Among the memorabilia in Air Force Chief of Staff General David Goldfein’s office is a fragment of the Wright brothers’ first airplane. But the most intriguing items may be two small plastic satellites on sticks that can be maneuvered to simulate a dogfight in space. Space is now a potential battle zone, Goldfein explains in an interview. The Air ...

  Coming soon to a portfolio near you: Chinese bonds. Like it or not, fixed-income securities from the mainland’s vast, opaque and increasingly default-prone debt market are about to go more global. The good news is that Beijing has been paying attention to international investor concerns over the way the notes are sold and traded. Premier Li Keqiang said that ...

  If you think it will be hard for the US Federal Reserve to normalize monetary policy, spare a thought for the European Central Bank. The euro zone’s monetary guardians have said they will continue to buy 60 billion euros a month in government and corporate bonds until the end of 2017. Headline inflation is running at 2 percent — ...

  Turkey’s referendum on expanding the president’s power is facing resistance both from inside and outside the country. The country is deeply divided over the constitutional changes proposed by President Reccep Tayyip Erdogan. It would bring an executive presidential system, merging the powers of the prime minister and the president. Erdogan argues that a strong presidency will make Turkey better ...

  Tesla Inc. clearly understands the best appetizers leave you hungry for more. After months of playing coy about whether or not it would raise more money, Elon Musk’s electric-vehicle-cum-renewable-energy company announced it was seeking up to $1.15 billion in new money, three quarters of it from a convertible bond and the rest from selling new stock. Bit of a ...

  Private equity in India is beset by a trinity of predicaments. The first is what managers get paid for: finding businesses that can deliver 20% returns in an economy where asset valuations, at least in public markets, are already the most expensive in Asia. A bigger problem is the frustration of knowing where the winners are hidden in the ...

  It’s a sad state of affairs when European unity is splintering before the UK has even officially triggered the process of leaving the EU. It’s worse for the City of London that banks and insurers can’t easily exploit that to their advantage. Regulators, officials and ministers across Europe have spent the past week throwing rocks at each other about ...

  It’s time to take control of Medicaid before it takes control of us. Unless we act — and there is little evidence that we will — Medicaid increasingly becomes another mechanism by which government skews spending toward the old and away from the young. In the raging debate over the Affordable Care Act (Obamacare), this is a subject that ...