US President Donald Trump last week joined a long line of Western leaders straining to break open China’s markets for foreign companies. He’ll quickly discover that projecting Western hopes and ideals rarely works. No matter how beautiful the chocolate cake. What can work, however, is recognizing when China could use a foreign partner to help it achieve something Beijing wants, ...

Are cryptocurrencies an asset class? That depends on you. When you choose an investment portfolio, do you want to start with a category for these new currencies along with stocks, bonds and money market instruments? This is not related to the question of whether or how much you should invest. You can call cryptocurrencies an asset class and assign zero ...

Bloomberg US stocks joined declines in global equities, with materials producers under pressure amid a selloff in commodities. The dollar weakened versus the euro after strong growth in Germany bolstered the common currency. S&P 500 Index fell for the third time in four days. Data showing Chinese growth is slowing sparked commodity declines that hit equities in Asia. The euro’s ...