MANILA / AP Philippine President Rodrigo Duterte said he has ordered his troops to bomb extremists who flee with their captives in a bid to stop a wave of kidnappings at sea, calling the loss of civilian lives in such an attack “collateral damage.” Duterte has previously stated that he had told his Indonesian and Malaysian counterparts their forces can …

  China’s leaders are hardly disguising their fears about money leaving the country. They’ve imposed new disclosure rules limiting how Chinese — who are allowed to convert up to $50,000 worth of yuan into foreign currency each year — can spend that money overseas. Simultaneously, they’re striving to tamp down worries about the tumbling yuan, which has fallen to an …

  Bridgewater, the world’s largest hedge fund, has been portrayed as a bizarre, Moneyball-type machine in which employees’ every move is monitored and assessed, increasingly by computer algorithms. Awful as that may sound, what if it’s actually a step toward a happier and more prosperous world? Granted, descriptions of the place — including a recent Wall Street Journal article to …