The Tax Cut and Jobs Act of 2017 — commonly known as the Republican tax reform bill — has a number of good things in it. My Bloomberg View colleague Justin Fox has an excellent rundown. The corporate-tax rate cut was something that needed to happen for a long time, and mainly just follows the example set by other developed ...

One year ago, India’s bond market was riding a wave of unprecedented liquidity. Now it’s mired in all kinds of doubts, ending 2017 weaker than Chinese sovereign debt when the opposite outcome would have been more natural. After all, India saw a ratings upgrade by Moody’s Investors Service during the year, while China was downgraded. The message for Indian Prime ...

Shenzhen is the only downer this year among major Asian stock markets. The Shenzhen Composite Index, often referred to as China’s Nasdaq, fell about 4 percent in dollar terms, a sad result compared with the more than 35 percent gain in the Hang Seng Index. The Shanghai Stock Exchange SSE 50 A-Share Index, the so-called Beautiful 50 gauge of China’s ...