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China’s Nasdaq-style star market risks swift burnout

The star that burns the brightest may also burn out fastest. Investors tempted by the blazing debut of China’s new tech board should bear that in mind. The first 25 companies to start trading on Shanghai’s Star market posted an average gain of 140 percent. The value of shares that changed hands surpassed 48 billion yuan ($7 billion) — about ...

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Trump ‘third country’asylum rule doubles down on failure

Another directive on immigration from the Trump administration begets another court challenge. In a sweeping rule change, the administration has declared that, with narrow exceptions, any “alien who enters or attempts to enter the United States across the southern border after failing to apply for protection in a third country outside the alien’s country of citizenship, nationality, or last lawful ...

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Flight shaming won’t cut carbon emissions in Asia

This summer, European vacationers are being brought down to earth. A campaign, marked by hashtags such as #stayontheground and #flightshame, is pressuring travellers to think twice about the carbon impact of their air travel. Even airlines are joining in the public shaming. KLM Royal Dutch Airlines is encouraging people to fly less, and Deutsche Lufthansa AG’s CEO recently declared that ...

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