Last week, China said it plans to build a ‘Polar Silk Road’ that will open shipping lanes across the largely pristine region at the top of the world. It’s an ambitious idea for a country that lacks an Arctic border, and it has raised concerns around the world about China’s ultimate intentions and its capacity for environmental stewardship. Although these ...

Is it a blip, a correction or the end of days? Stock markets in Asia tumbled on Monday, extending the biggest global selloff in two years. Equity investors are fretting as Treasury yields approach 3 percent. On Friday, 10-year returns touched 2.85%, and the dollar rallied 0.9 percent. Some context, however. While the MSCI Asia ex-Japan Index’s 7.5% return in ...

Political dysfunction is unquestionably aggravating the UK’s Brexit nightmare. But the resignation of Prime Minister Theresa May, as some in her own party are calling for, would only make matters worse. The Tories will never agree about the European Union. What they need to do is get their divisions under some kind of control. At the moment, the increasingly assertive ...