No one knows how North Korean leader Kim Jong Un will respond to growing pressure on his regime, other than by scouring the thesaurus. But the US and China seem to be stumbling toward a more effective strategy for confronting him. More boldness from the latter, and restraint from the former, will be necessary to see it through. New US …

In times of market uncertainty, some investors will flock to “safeguarded” currencies such as the Swiss franc or Japanese yen. Others may choose diversifiers like gold, farmland or other hard assets. And then there are those who flock to alternative investments like bitcoin. Yet one investment that has historically been considered a safe bet, low-risk option for investors when frothy …

Pity Wal-Mart Stores Inc., Tesco Plc and Carrefour SA. The three Western supermarket giants have plonked down hundreds of millions of dollars over the past decade to expand their retail chains across India. Now Amazon.com Inc. is about to establish a larger bricks-and-mortar presence than all three combined at a cost of just $28 million. In the 95 minutes it …