For those who watch China closely, there has never been a more pivotal moment in the evolution of its economy and financial markets. More than 40 years since the start of its “Reform and Opening Up” process, and despite the volatility in US-China relations, China’s commitment to market reform remains. This year will likely see the improvement of market access ...

The grounding of Jet Airways India Ltd., the country’s oldest private-sector carrier, isn’t just bad news for customers and its 23,000 employees. It raises yet again a question that’s puzzled two successive governments and will continue to bedevil whichever party takes power after elections conclude next month: What’s killing capitalism in India? Jet was born in the early 1990s, when ...

Deutsche Bank AG’s decision to abandon an attempted takeover of Commerzbank AG makes sense, but it still leaves both sides scrambling for alternative solutions to the same problem of pathetic returns. After weeks of deliberations, the German behemoth concluded the benefits would not have offset the “additional execution risks, restructuring costs and capital requirements.” The rationale is hardly a surprise. ...