The damage caused by President Trump’s trade fight with China has spread farther and faster than many expected. Factories in China and the US have seen orders slump. American farmers are hurting. A collapse in Chinese demand for iPhones knocked nearly $75 billion off Apple Inc.’s market cap in a single day. Slower growth just prompted China’s central bank to ...

For the head of the World Bank Group to quit unexpectedly would have been big news under any circumstances. But, the reason outgoing president Jim Yong Kim gave for his resignation on Monday is even more revealing. Kim said he was leaving the world’s most influential development and infrastructure-building agency to join a private-sector infrastructure investment fund because he believed ...

Build it and they will come. Or will they? A flurry of construction may be about to take off in China, and investors have pinned their hopes on it. Stocks of Japanese machinery makers Komatsu Ltd. and Hitachi Construction Machinery Co. perked up on Monday. Over the past week, Chinese engineering and construction companies’ shares have surfaced from multi-month lows. ...