It’s shaping up to be another tough quarter for securities firms, the world’s biggest trading house has warned. JPMorgan Chase & Co.’s grim assessment of market conditions this year is more than a stark reminder that the wallet keeps shrinking. The US firm warned this week that it expects trading revenue to shrink by a low-teens percentage in the first ...

The alarming new standoff between India and Pakistan could end in any number of ways, from talks and a quick truce, to a series of military escalations that risk ending in a nuclear exchange. At such a perilous moment, the need for calm and dialogue is plain – but more than this is required. The longtime South Asian rivals need ...

From the 1990s through the early 2010s, it looked as if China could do no wrong. Its economy grew at a breakneck pace as its companies hungrily gobbled up market share in a wide array of manufacturing industries. Its political system, although authoritarian, seemed increasingly stable, as power passed from Deng Xiaoping to Jiang Zemin to Hu Jintao to Xi ...