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What lessons can we take from the IS’s defeat in Mosul and its coming eviction from Raqqa? The collapse of the ‘caliphate’ tells us that the US can succeed militarily in the Middle East if — and probably only if — it works with local forces who are prepared to do the fighting and dying. Where the massive US ground ...

There’s a green bubble in India, with investors flocking to fund a planned tripling of renewable energy capacity over the next five years. Luckily for Singapore’s sovereign wealth fund, one of the more gung-ho backers of solar, wind and hydroelectric power in the country, there’s a bigger bubble out there — in global bond markets — that’s allowing the green ...

Donald Trump won the US presidency in large part on a promise to help American workers displaced by trade and technology. That’s a worthy goal — but if he wants to deliver, he’ll have to rethink his approach. Above all, he’ll need to recognize that the modern economy is not just about digging holes and bashing metal. To date, Trump ...

The International Monetary Fund just pointed out that “South Africa’s vulnerabilities have become more pronounced.” That’s one way of putting it. A potentially prosperous and dynamic economy is on the fast track to ruin. Altering its course will take real political reform. Unemployment has risen five percentage points since 2008, to a hope-crushing 28 percent. The country’s population is expanding ...

Will China ever become democratic? That question has been a staple of geopolitical discussion since the 1990s, and at times many commentators thought a democratic China was not so far away. Today, as restrictions on political speech and opposition increase, hardly anyone thinks this is a realistic scenario. Yet it’s still worth asking why China might never democratize, and what ...

The reason for the stock market’s vanishing volatility may not be what many people think. It may have more to do with local community boards or town reps than the Federal Reserve. Volatility, which has slumped this year, has been a big topic of discussion among market participants, and not all of it has been positive. Low volatility is usually ...

A new report by Bloomberg News about Russia being suspected of recently hacking a dozen US power plants, including a nuclear one, is far more serious than any possible attempt to influence an election. It could be a sign of something even scarier: two military superpowers stepping up a cyberwar in the shadows and without rules of engagement that protect ...

Bloomberg US stocks rose with Treasuries, while the dollar retreated after Janet Yellen signaled the Federal Reserve won’t rush to tighten monetary policy as inflation remains persistently below target. The S&P 500 Index climbed within 1 percent of an all-time high, joining a rally in European equities as Yellen expressed confidence in the American economy while suggesting inflation rates won’t ...

DUBAI / Reuters India’s main stock indexes capped a third day of record highs, paced by a rally in energy shares. A gauge of mid-cap stocks also climbed to an all-time level. The benchmark S&P BSE Sensex gained 0.2 percent to 31,804.82 at the 3:30 p.m. close in Mumbai, while the NSE Nifty 50 Index rose 0.3 percent. The Nifty’s ...

DUBAI / Reuters Hong Kong stocks rose for a third day, closing above the key 26,000 level for the first time in more than a month, as banks led the gains. The Hang Seng Index advanced 0.6 percent to 26,043.64 at the close. Banks accounted for the benchmark’s top three gainers, with Industrial & Commercial Bank of China Ltd. and ...