In recent years, a number of economic ideas once considered unassailable have been called into question. The financial crisis and Great Recession throw much of macroeconomic and financial wisdom out the window, and now new evidence is challenging orthodoxy in a variety of areas. For example, recent studies suggests that labour markets don’t work the way economists traditionally believed, and ...

Tech or media? What to many people is an esoteric question could end up making a multibillion-dollar difference to Chinese companies that serve up content ranging from jokes to gossip. Technology firms, those ground-breaking companies with research teams hard at work building moats, are more highly prized than media counterparts that merely provide content. In the S&P 500, for example, ...

Will you cross a bridge if you don’t know what’s on the other side? Unlikely. That’s the dilemma investors face as they look forward to the London-Shanghai Connect stock trading link that’s scheduled to start by year-end. The program’s timing was announced this week by People’s Bank of China Governor Yi Gang, who also said authorities will quadruple daily trading ...