For a staunch supporter of central bank “forward guidance,” Mark Carney changes his mind a tad too often. From when he will leave his job running the Bank of England (BOE), to when the BOE’s Monetary Policy Committee will next raise interest rates, there are plenty of examples. Yet on one crucial subject for the British economy, Carney has been ...

Another day, another negative headline about Deutsche Bank AG. First came the warning that the battered German lender is being evicted from the index of the top 50 stocks in the euro zone. Then came the another news that China’s HNA Group Co., one of the bank’s top shareholders, is selling its entire stake. The shares fell as much as ...

State technological, geopolitical and social objectives are the driving force behind what could be China’s biggest-ever telecom merger. Shareholders celebrating the deal might do well to remember that. Shares of China Unicom (Hong Kong) Ltd. and China Telecom Corp. surged after Bloomberg News reported that top leaders were reviewing a proposal to merge their state-controlled parents. The Hong Kong-traded units ...