With hopes that their season in hell could be approaching an end, airline stocks are on a tear. Shares in Singapore Airlines Ltd jumped the most in 21 years while those in Cathay Pacific Airways Ltd were up the most since 2008 after Singapore and Hong Kong announced the opening of a travel bubble starting from November 22. News of ...

“So when our Sickness, and our Poverty Had greater wants than we could well supply; Strict Orders did but more enrage our grief, And hinder in accomplishing relief.” That’s how the British poet George Wither explained a spreading rebellion against social-distancing rules. Seeing quarantines and lockdowns as unfair and tyrannical punishments, people were taking to the streets. The year was ...

Governments around the world put out consultation papers all the time. But only in China can one vaguely worded, 22-page document on antitrust regulations ignite a $290 billion equity selloff. As investors nurse their wounds, they want to know, why is China regulating Big Tech now? And what exactly does Beijing want? Emerging out of the Covid-19 recession, China got ...