In the darkest days of the 2009 recession, Germany’s industrial output was collapsing at an annual rate of more than 20%. An unfathomable implosion but one that thankfully ended almost as quickly as it started. Some 10 years on, a crisis is brewing once again in the country’s industrial heartlands. The pain could prove more enduring this time. So far ...

Singapore’s property industry is coming to terms with the idea that, in about a decade, the city may no longer have a central business district. Landlords couldn’t be more chuffed. There will still be offices, but without the rigid boundary between places where people work, and where they live and shop and dine. Local developer GuocoLand Ltd. is among the ...

In 2014, when Brussels regulators began to probe Apple Inc.’s low-tax arrangements in Ireland, an unlikely figure rushed to Dublin’s defense. U2’s lead singer Bono, no stranger to attractive offshore jurisdictions, pleaded that Ireland’s multinational-friendly model had brought the only prosperity the nation had ever known. “We are a tiny little country,” he told The Observer newspaper. “We don’t have ...