When the China Insurance Regulatory Commission announced last week that it was seizing Anbang Insurance Group Co., the only surprise was that it took so long. Last year, the company was told to sell its overseas assets, its founder was placed behind bars, and banks were ordered to stop offering its products. So what, if anything, does this latest incident ...

Stocks have been on a wild ride, with the Dow Jones Industrial Average dropping 10.4 percent from its peak on January 26 to the February 8 trough, before recovering about half those losses. Usually, big declines foreshadow Federal Reserve-induced recessions. Late in a business cycle, the central bank worries about economic overheating and jacks up interest rates to crushing levels. ...

Bloomberg Japan’s financial supervisor is laying the groundwork for a regulatory overhaul that could lead to a shakeup in the nation’s $10 trillion banking industry. The Financial Services Agency is examining how to change the legal framework so that all providers of financial services are subject to the same rules — a move that would allow emerging companies such as ...