In 2009, the southern Chinese city of Shenzhen rolled out its first electric city bus. As of May of this year, it had 14,500 of them on the road — and by the end of this month, the city plans to have an all-electric fleet. Shenzhen’s efforts are another example of how China is leading the way in transforming urban ...

After UK and EU negotiators reached a deal opening a path for trade negotiations, arch-Brexiter Michael Gove declared British Prime Minister Theresa May had ‘won.’ That is a statement worthy of all the now-debunked Brexit slogans. The parties’ agreement shows the EU has given up virtually no ground, and that’s what’s likely to happen in the trade talks, too. In ...

Bloomberg As stocks surge and consumer prices inch higher, investors say it’s time for the Bank of Ja-pan to reduce equity purchases that have been criticised for distorting the market. Sometime next year, the BOJ will cut its annual buying target for domestic exchange-traded funds by as much as a third from the current 6 trillion yen ($53 billion), says ...