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China may have accrued $5.8 trillion in hidden debt with ‘titanic’...

China’s local governments may have accumulated 40 trillion yuan ($5.8 trillion) of off-balance sheet debt, or even more, suggesting further defaults are in store,...

No Brexit deal could snarl major ports, hitting exports

HOOK OF HOLLAND, Netherlands—Traffic moves quickly and smoothly at the Hook of Holland ferry terminal on the western edge of Europe’s biggest port, with...

Japan raises concerns over Pacific nations’ debt to China

WELLINGTON, New Zealand—Japan’s foreign minister raised concerns on Monday about the high levels of debt accrued by some Pacific Island nations and said his...

North and South Korea to break ground on inter-Korean railroad

SEOUL, South Korea—North and South Korea continued their push for peace on Monday with high-level talks that saw a host of agreements, including a...

Veiled Saudi threat boosts oil prices already moving toward $100 a...

The global oil market that’s already being squeezed by US sanctions on Iran is now being rattled by the risk of potential American action...

Round of talks ends sans Brexit pact ahead of summit

BRUSSELS—A flurry of talks between Britain and the European Union ended on Sunday without a Brexit agreement, leaving the two sides three days to...

Prospect of Trump-Xi meeting seen easing trade war tensions

BEIJING—With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald J. Trump, hopes are...

China preparing for all risks in currency policy, says PBOC

China’s central bank is considering a range of risks in its currency policy, including a worst-case scenario, Governor Yi Gang said. As the yuan inches...

UN report: Banned Somali charcoal exports pass through Iran

UNITED NATIONS—Banned charcoal exports from Somalia are thriving, generating millions of dollars a year for al-Qaida-linked al-Shabab extremists—and often passing through Iran to have...

Global finance chiefs urge trade war solution as Bali talks...

Global finance chiefs used the closing sessions of talks in the tropical resort of Bali to hammer home the message that simmering trade tensions...

Lagarde sees market volatility ahead amid global trade risks

Policy-makers should prepare for more market volatility amid further financial tightening and “choppy” waters in the global economy stemming from trade tensions, said Christine...

Saudi crown prince’s carefully managed rise hides dark side

DUBAI, United Arab Emirates—In a kingdom once ruled by an ever-aging rotation of elderly monarchs, Saudi Crown Prince Mohammed bin Salman stands out as...

Trump pressure on Kim fades as ally floats sanctions relief 

The US may want to focus on disarming North Korea. Lately, though, there’s been more talk about relieving sanctions on Kim Jong Un’s regime. The...

White Americans gain most from Trump’s tax cuts

The tax cuts that President Donald J. Trump signed into law last year are disproportionately helping white Americans over African-Americans and Latinos, a disparity...

IS reverting to insurgency tactics after losing caliphate

BEIRUT—Nearly defeated on the battlefields of its would-be caliphate, analysts say the Islamic State (IS) group has reverted to what it was before its...

Global markets tumble ahead of US data; tech stocks fall

SINGAPORE—European markets sank in early trading on Thursday ahead of US inflation data that may lift bond yields and possibly push interest rates higher. In...

US, Russian astronauts safe after emergency landing

BAIKONUR, Kazakhstan—Two astronauts from the US and Russia were safe after an emergency landing on Thursday in the steppes of Kazakhstan following the failure...

US, China fight for world support in Bali as trade dispute...

The United States and China are set to use the latest gathering of the world’s finance chiefs to marshal support for their respective cases...

South Korea walks back on lifting sanctions

SEOUL, South Korea—South Korea on Thursday walked back on a proposal to lift some of its unilateral sanctions against North Korea following United States...

The unknowable fallout of China’s trade war nuclear option

It is often called the nuclear option. In the trade war between the United States and China, economists and investors have long tried to...
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