If the trade war’s objective is to even the playing field for American firms, President Donald Trump isn’t going about it the right way. China’s easy access to US dollars over the past decade has fuelled asset bubbles, driven an overseas debt binge and laid the groundwork for its low-cost, export-driven economy. Only cutting off the supply of cheap money ...

The US Federal Reserve has developed a pretty poor track record for meeting its inflation and employment goals. If it wants to do a better job, it should follow Canada’s example and set some deadlines. More than four decades ago, Congress mandated that the Fed’s monetary policy pursue two objectives: price stability and maximum employment. In January 2012, the central ...

Take Hong Kong protests, add a dash of Brexit and then stir in the death of brick-and-mortar shopping. It’s hardly surprising that a savvy investor would want to bail from its stake in AS Watson Group, a retailer based in the former British colony with a big UK footprint. These latest geopolitical flash points have been cited for Temasek Holdings ...