What’s the most important bit of infrastructure to connect an international metropolis like China’s Pearl River Delta? A demolished border post. For all the excitement around the opening of the Hong Kong-Zhuhai-Macau bridge last week, that’s probably the best lesson to draw from Beijing’s plan to draw Guangzhou, Shenzhen, Hong Kong, Dongguan, Foshan and other cities into a single megalopolis. ...

As Italy digs in to resist European Union (EU) demands for budget moderation, some investors say only one thing can reverse the government’s spiraling borrowing costs: the collapse of the populist administration. The coalition’s determination to ramp up spending has pushed the yield on Italian bonds to highs not seen since the euro-area debt crisis. As long as the nation’s ...

Boeing Co. is a bright spot in a rough week for industrial earnings. The planemaker reported better-than-expected third-quarter results, and raised its guidance for 2018 adjusted profit. Boeing also maintained its goal of delivering 810 to 815 commercial airplanes this year, easing pre-earnings jitters over a relatively weak shipping rate in the third quarter. That should provide confidence that bottlenecks ...