China’s latest tightening of gaming rules is much ado about nothing. Except, of course, that nothing Beijing does is minor or inconsequential these days because everything the leadership says should be taken both literally and seriously. Shares of the nation’s leading games providers including Tencent Holdings Ltd, NetEase Inc, Bilibili Inc. and Huya Inc tumbled after the National Press and ...

Lost wars are supposed to provoke soul-searching. In America, they usually bring historical revisionism instead. When once-good wars go bad, Americans tend to conclude that there was never anything redeeming about them in the first place. This impulse is already coloring the debate over Afghanistan. It won’t help the US recover or learn from defeat. Much of the flourishing “who ...

Bloomberg Siam Makro Pcl surged as much as 24% after Thailand’s biggest operator of cash-and-carry stores announced a plan worth about 218 billion baht ($7 billion) to take control of retailer Lotus from other affiliates of the Charoen Pokphand Group. The share-price gain was the biggest since August 2013, with the deal leading to Siam Makro taking a 76% stake ...