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Global Eye

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5 things to know about Japan’s World War II surrender

TOKYO — World War II ended 75 years ago, but not all countries commemorate it on the same day. Wednesday is the anniversary of the formal September 2, 1945, surrender of Japan to the United States, when documents were signed officially ending years of bloody fighting in a ceremony aboard the USS Missouri in Tokyo Bay. It’s known as V-J Day in some countries. But some nations mark August 15 as the war’s end, the day Japan’s emperor made a speech announcing the surrender.

Only a technology revolution will restore Internet privacy

Sir Timothy Berners-Lee, credited with inventing the World Wide Web, tweeted up a storm last Thursday, reassuring Internet users that they could reassert control over their data—and the Web’s future—after the Cambridge Analytica-Facebook scandals. He’s right, but not necessarily in the way he imagines.

Big tech firms are already behaving like the big banks

Picture a bank that lends $1 billion to small businesses in 12 months, holds $150 billion in corporate bonds, runs the world’s largest money-market fund, offers mobile payments and credit cards, and gives customers cash balances that can be topped up across thousands of homely brick-and-mortar outlets.

An ominous new year for India

You’d think the Indian economy had returned to rosy health. It seems to have recovered from two enormous disruptions—Prime Minister Narendra Modi’s decision just over a year ago to withdraw 86 percent of the currency in circulation, and the poorly planned rollout in the middle of 2017 of a new goods-and-services tax. Exports are no longer declining, as they had for several quarters; indeed, for the last month that data is available, they rose 30 percent. The Purchasing Managers’ Index expanded the fastest it has in five years. At least one international ratings agency has upgraded India’s credit rating.

Hopes and fears in Hong Kong, Taiwan

HONG KONG—It wasn’t just the dark-suited delegates in Beijing who were listening intently last week, as Chinese President Xi Jinping outlined his grand ambitions to launch a twice-a-decade Communist Party congress.

Why Japan wants your electronic waste

For 30 years China has recycled more cardboard boxes, plastic bottles and old computers than any other nation. By doing so, it has saved millions of tons of resources and indirectly funded thousands of recycling programs and companies globally. But now it wants to stop.

Seriously, longer Tweets are a win for democracy

LAST Tuesday Twitter announced that a select group of users would be able to send 280-character tweets—double the platform’s signature 140-character limit. It’s part of an experiment testing whether longer character limits would be better for everyone. The company explained that, in languages where a single character carries more meaning—Chinese, Japanese and Korean—they see “more people tweeting—which is awesome!”

Why Uber must stop acting like a conqueror

With the British prime minister calling London’s refusal to extend Uber’s license “disproportionate”, and Uber’s chief executive heading to London to talk to regulators, a compromise is on the offing. But it shouldn’t give Uber a false sense of security: Isolated regulatory demands are not its biggest problem.

Emerging markets may be due for their comeback

Emerging-market stocks are quietly having a huge year. Through mid-September, the iShares MSCI Emerging Markets ETF, known as EEM, is up more than 31 percent, outpacing gains in both US and foreign developed markets, which are up 13 percent and 19 percent, respectively.

China could seize a bit of the skies with the C919

Last week the Commercial Aviation Corp. of China Ltd. (Comac) announced that the C919, China’s first homemade large passenger jet, had chalked up its 730th preorder. Those numbers won’t necessarily make the Boeing Co. or Airbus SE quake; Boeing estimates Chinese airlines alone will require 5,420 new single-aisle planes by 2036. Ultimately, though, they could herald the end of global aviation’s great duopoly.