The global economy is on the mend — but will the recovery be quashed by too much worldwide debt? Why are President Donald Trump’s tariffs such a bad deal for the US economy? It’s not just because they might start a trade war. It’s because of tax theory. Now, most tax theory is incredibly boring. (Hopefully my former economics professors ...

The world’s biggest champion of clean-energy vehicles has opened its arms to embattled electric-car maker Tesla Inc. Or so it seems. Beijing is removing caps on foreign ownership of automaker ventures, widening access to its critically important, high-margin car market. The limits will be rescinded over five years, with restrictions on electric cars to go this year. At first blush, ...

For investors in Vietnam, discretion is increasingly the better part of valor. You won’t see any sign of caution in the current IPO frenzy, though. Far from slowing down, Southeast Asia’s busiest market for stock offerings over the past year seems to be revving up. GIC Pte, Singapore’s sovereign wealth fund, is spending about $850 million for a 7.1 percent ...