Beijing’s real estate crackdown has sent shudders well beyond the sector. But US President Joe Biden may have China Inc covered. President Xi Jinping’s efforts to rein in property giants has left industrial companies in the lurch. Real estate accounts for a quarter of China’s economy and a big chunk of the global construction business. No one’s going to be ...

The world may be going crazy over digital currencies, but tiny Singapore is swimming against the tide. The central bank has decided against offering a paperless version of the city-state’s legal tender — at least for now. Not because an electronic version of cash may flop, but because it’ll most likely be a hit. That could have consequences for the ...

The nuclear fusion startup Helion, which announced that it has raised $500 million, says it has developed new technologies that may make nuclear fusion viable — practically, economically and environmentally. It is too early to tell if its claims will pan out, but there have been so many breakthroughs lately that they cannot be dismissed. The possibility of carbon-free energy ...