While much of the world’s attention is fixated on North Korea and its nuclear ambitions, something with the potential to be equally globe-rattling is taking place, generally unnoticed, in South Korea. There, new President Moon Jae-in is charting an entirely contrary course in economic policy than much of the rest of the developed world. If successful, the experiment could alter ...

It’s clear after election in Germany that the electoral failures of established socialist parties in Europe are not a few isolated events but a trend, an existential crisis for the center-left. There are few better illustrations of this crisis than Social Democrat leader Martin Schulz’s futile anger at Chancellor Angela Merkel in the aftermath of Sunday’s election. Schulz called her ...

Bloomberg Amazon.com Inc., girding for competition from Apple Inc. and Google in the race to equip homes with smart devices, unveiled a slew of consumer gadgets including an Alexa-powered digital-home hub, a smaller and cheaper Echo speaker and a new mini Echo with a screen, called Spot. Though hardware products aren’t key to Amazon’s bottom line, they serve as important ...