Financial regulators have done a lot to reform the derivatives markets that helped turn the financial crisis of 2008 into a global disaster. But their work is unfinished — and there’s even a danger that, in one way, they might have made things worse. Derivatives are bets on the performance of something else, such as stocks, interest rates or creditworthiness. ...

There’s one clear favourite in the world’s biggest election, which runs for six weeks: incumbent Prime Minister Narendra Modi. Buoyed by his personal popularity, Modi’s ruling Bharatiya Janata Party isn’t even pretending to offer dramatic new programs if it returns to power. Its election manifesto, released earlier this week, was a relatively uninspiring document — a few populist promises to ...

On April 8, the Trump administration decided that now is the moment to ratchet up a longstanding trade dispute between Boeing Co. and Airbus SE. The US is threatening to impose $11 billion of punitive tariffs on a range of European products from aircraft to cheese. The dispute is unrelated to the crash of two Boeing 737 Max aircraft – ...