Shareholders of Tencent Holdings Ltd., the world’s biggest video game company, panicked last week. People’s Daily, the official newspaper of the Chinese Communist Party, singled out ‘Honour of Kings,’ Tencent’s biggest game, for an unusually high-profile criticism. ‘Poison,’ the paper declared of a game played by roughly one in seven Chinese. “Constantly spreading ‘negative energy.’” It linked the game to ...

I am giving you permission: You can safely ignore Amazon’s Prime Day, the annual fake shopping holiday Jeff Bezos invented two years ago.The European Central Bank is unnerving markets by remaining vague over the future of its bond-buying scheme. Yet, if investors listened carefully, they would detect an emerging framework for understanding what guides policy makers. The first principle is ...

KHOBAR / Reuters Top oil exporter Saudi Arabia has asked companies to qualify to bid for its first utility-scale wind power project at Dumat al-Jandal, the energy ministry said, keeping on track to tender the first round of renewable energy projects this year. Requests to qualify for the 400 megawatt (MW) wind project in the north of the kingdom will ...