Rising global trade tensions are morphing into a conflict fought with currency devaluations that historically have proven even more important than tariffs in influencing economic growth and financial markets. If this trend continues, the ultimate impact will likely be negative for asset valuations. This shift, which is aimed at gaining export competitiveness, is important for investors partly because it will ...

Theresa May’s plan for Britain’s post-Brexit relationship with the European Union comes at least 18 months too late. With only a few months of real negotiating time before the UK leaves, it has triggered the worst political turmoil yet faced by May, calling into question her future as prime minister. On top of all that, it’s a plan that the ...

Elon Musk is heading to the world’s biggest market for electric cars. Again. This time around, the Tesla Inc. CEO doesn’t have much choice. Musk’s visit to Shanghai , following Tesla’s move to register a wholly owned subsidiary in China, could provide the solution to the problems the carmaker is combating at its factories, in financial markets and with its ...