Bloomberg Feel like sharing? Japan might not be your place.Once home to the world’s biggest technology drivers in the 1980s, Japan has missed the boat when it comes to expanding its sharing-economy sector. Miles behind the US and dwarfed by China by more than two thousand to one, Japan’s sharing economy is also smaller than that of other developed economies ...

Bloomberg Chinese state-backed developer China Jinmao Holdings Group Ltd. said its Hong Kong office was searched in a corruption probe. The company’s shares fell as much as 3.3 percent in Hong Kong on Wednesday and JPMorgan Chase & Co. downgraded the stock. Jinmao and its units are not the subject of the investigation, the company said in a filing to ...

Ben Bernanke is worried — and perhaps we should be, too. As chairman of the Federal Reserve from 2006 to 2014, it was Bernanke who, along with others, prevented the worst recession since World War II from becoming the Great Depression 2.0. Now he fears that, should another sharp recession occur, the Fed won’t be able to contain it. Traditionally, ...