Beyond cars, Japanese companies haven’t made much headway in China. The nation’s top fast-food chain is KFC, most consumer goodsare from Procter & Gamble Co., and even though cars made by Toyota Motor Corp. and Honda Motor Co. sell well when political frictions thaw, mainlanders’ vehicle of choice is generally a Volkswagen. But there is one exception: convenience stores. ...

  If Richard Nixon could go to China, can Rex Tillerson save Paris? It is but one of many questions, some more answerable than others, about President-elect Donald Trump’s choice for secretary of state. Unlike the president-elect, Tillerson, the chief executive officer of Exxon Mobil Corp., supports both the global climate-change accord forged in Paris last year and a carbon ...

  President Nicolas Maduro’s announcement that all 100-bolivar notes were being called in by the government to combat the hoarding of currency shocked Venezuelans. The largest denomination of country’s crippled currency was pulled from circulation before it was replaced by the new, larger-denomination bills. It led to chaos and confusions. Frustrated people thronged banks and ATMs to deposit the bills. ...