Don’t get your hopes up that India’s infrastructure will start to look like China’s after Narendra Modi’s historic victory. Modi’s Bharatiya Janata Party made big promises in its election manifesto, among them 100 trillion rupees ($1.4 trillion) of investments in infrastructure by 2024 that would double the length of highways by 2022 and lead to a similar increase in the ...

Greta Thunberg probably isn’t a fan of Ryanair Holdings Plc. The 16-year-old Swedish activist took the train to the World Economic Forum in Davos in January to castigate the rich and powerful adults there for failing to tackle the unfolding climate emergency (most of them had arrived by plane). Three months later Ryanair was revealed to be one of Europe’s ...

With some corners of the market betting the Federal Reserve will cut rates three times this year, you might expect cheers from emerging markets. Not so in Indonesia. Lats week, the central bank was busy defending its currency, placing bids to prop up its government bonds to halt the rupiah’s slide. As the trade war escalates, Jakarta became the first ...