China’s Global Port Investments Give Rise to Security Worries
Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping...
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Europe Doubles Down on Big Government
WorldEuropeEconomists fear high inflation and rising interest rates will make it harder for the continent to spend its way out...
U.N., Turkey Race to Save Ukraine Grain Deal
ISTANBUL—The United Nations and Turkey on Sunday scrambled to rescue an agreement that allowed Ukraine to ship grain via the...
WSJ News Exclusive | Saudi Arabia Lures Executives to Neom With Million-Dollar Salaries, Zero Taxes
Saudi Arabia’s megadevelopment Neom is paying senior executives roughly $1.1 million each annually, according to an internal Neom document, showing...
Nobel Prize in Economics Winners Include Former Fed Chair Ben Bernanke
The Nobel Prize in Economic Sciences was awarded Monday to former Federal Reserve chief Ben Bernanke and two other U.S....
Israel’s Defense Industry Is Big Winner Two Years After Abraham Accords
TEL AVIV—When the United Arab Emirates was looking last year for ways to protect its high-profile World Expo from possible...
British Pound, Bonds Roiled as Tax-Cut Plans Spook Investors
LONDON—The U.K.’s beleaguered pound hit its lowest-ever level against the U.S. dollar before recovering slightly Monday, as investors worried about...
U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Yields Higher
LONDON—The British government unveiled the biggest tax cuts since the early 1970s in a high-stakes bet to jolt the U.K.’s...
World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
Germany to Nationalize Ailing Uniper After Russian Natural-Gas Cuts
BERLIN—Germany will nationalize Uniper, UN01 -29.89% seeking to save the country’s largest gas importer that was hit hard by Russian...
Iran Protests Challenge Government as Elon Musk Offers Starlink Access
TEHRAN—Iranian protesters clashed with police on Tuesday in a fourth straight day of protests over the death of a young...
European Manufacturers Reel From Russian Gas Shutoff
European industry thrived for decades on a steady supply of cheap Russian gas, which flowed uninterrupted throughout the Cold War...
China’s Industrial Profit Falls on Covid-19 Measures, Bad Weather
China’s industrial profit dropped in the first seven months of the year, reversing a year-on-year increase in the first half...
Droughts Hurt World’s Largest Economies
Severe droughts across the Northern Hemisphere—stretching from the farms of California to waterways in Europe and China—are further snarling supply...
U.K. Inflation Tops 10%, Underlining Gloomy Outlook for Europe
The U.K.’s annual rate of inflation moved into double digits in July and is set to rise even higher by...
Japanese Economy Recovers Prepandemic Size With 2.2% Growth
TOKYO—Japan’s economy recovered its prepandemic size in the April-June quarter thanks to strong consumer spending and higher exports, but inflation...
Samsung Leader Jay Y. Lee Receives Presidential Pardon for Bribery Conviction
SEOUL— Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal...
Bank of England Makes Biggest Rate Rise Since 1995 as Inflation Soars
LONDON—The Bank of England raised its key interest rate by a half percentage point Thursday, the largest single step in...
China Chases Chip-Factory Dominance—and Global Clout
China is leading the world in building new chip factories, a step toward achieving more self-sufficiency in semiconductors that could...
Russia, Ukraine Clear Way for Grain Exports to Resume Amid Fears of Global Food Crisis
ISTANBUL—Russia and Ukraine agreed Friday to resume exports of millions of tons of Ukrainian grain via the Black Sea for...
