Three down, one to go. Fire sales aren’t usually associated with handsome profits; lucky for HNA Group Co. that its asset hoard includes Hong Kong real estate. The indebted Chinese conglomerate has sold the third of four plots of land bought just over a year ago to local developer Wheelock & Co. for HK$6.36 billion ($811 million), the latest step ...

The most significant trade story of the year might be happening about 5,000 miles from Donald Trump. Trump is pressing ahead with tariffs on steel and aluminum imports, widely seen as typical of America’s retreat from the global order the US had underwritten since 1945. Considering moves like tariffs and his threat to Nafta and Brexit, it can seem that ...

Hoping to jump-start its “Make in India” manufacturing push, India’s government has rolled out the welcome mat for foreign investors. It should consider doing the same for global bond buyers. Indian bonds are, at the moment, suffering a full-scale rout. On Monday, yields on benchmark 10-year government debt—called the “G-sec” rate in India—continued their slow creep upwards to 7.78%. Many ...