The world’s largest car market is grappling with a sharp slowdown. What’s the best remedy? China’s car sales and output have fallen dramatically every month since July 2018. Inventories are piling up, especially for autos that don’t comply with emissions regulations, which will kick in next month for a large part of the country. Beijing has pulled out all the ...

During election years such as this one, India’s outgoing finance minister offers up only an “interim budget,” under the assumption that the incoming government will have different policy priorities. Given that Prime Minister Narendra Modi’s government was reelected so easily, one might think the budget it’s scheduled to present on July 5 won’t look much different. It should. Modi’s new ...

Exchange-traded funds have never quite been a perfect fit for the bond market. In fact, some of the main selling points of ETFs — real-time pricing, instant liquidity and the ability to trade at a low cost — run counter to some of the core tenets of traditional fixed-income investing. The buy-and-hold types don’t need to know precisely where their ...