Oh, come on, it’s not that bad. Okay, so maybe Tencent Holdings Ltd. did post its biggest net-income miss in, like, forever. And operating profit fell off a cliff. And revenue at its largest division (value-added services) climbed an anemic 9 percent. But still, the situation at China’s games and social-networking powerhouse really isn’t so terrible. Even if things are ...

Lyft Inc. filled in a few blanks about its closely watched initial public offering. The company can’t answer the essential question of whether its business is viable or what price investors should put on the company’s potential and its pitfalls. First, the new hard numbers. Lyft disclosed in an amended investor document that it plans to sell about 30.8 million ...

It’s amazing what a bit of chest-beating and military posturing can do. India’s war of words with and air strikes on Pakistan have reinvigorated the re-election campaign of Prime Minister Narendra Modi. Opinion polls (if you believe them) are predicting a bigger margin of victory for Modi’s National Democratic Alliance than they were two months ago. A creeping skepticism that ...