What’s News
Thailand Confirms Region’s First Cases of Zika-Linked Birth Defects
Two infants have microcephaly related to infections of the Zika virus, the first such cases to be announced in Southeast Asia where health authorities have been tracking outbreaks in several countries.
China Graft Sets Back Industrial Overhaul
China is struggling with a string of rust belt corruption cases that reflect the government’s troubles delivering on one of its signature policies: reducing the bloat in major industries that are dragging down the economy.
Rodrigo Duterte Condemned After Comparing Philippine War on Drugs With Holocaust
The Philippine president took his trademark unrestrained rhetoric in an unexpected direction, comparing his campaign to eliminate drug dealers with Adolf Hitler’s attempt to wipe out the Jewish people.
Bidders Circle Japanese Sushi Chain
Bidders including Asian private-equity firm MBK Partners LP are in discussions to buy Japanese sushi chain Sushiro., in a deal that could fetch about $1.5 billion.
The headquarters of the Industrial Bank of Japan, financier for the industrial companies that drove Japan's postwar growth, is getting torn down, the latest landmark from the booming postwar era to disappear. Photo: Miho Inada/The Wall Street Journal
R.I.P.: Japanese Bank Tower That Embodied Nation’s Industrial Might
A bank tower that once stood at the center of Japan’s postwar industrial power will start to be demolished Saturday, one of several boom-era structures being torn down against the will of architectural preservationists.
Deutsche Bank Shares Dive on Investor Worries
Deutsche Bank shares nose dived early Friday, hitting new multiyear lows on news some major clients have moved to withdraw billions of dollars from the bank because of concerns about its stability.
Nissan Seeks Brexit Assurances Before New U.K. Investment
Nissan may scrap a major investment in the U.K. without more clarity on the post-Brexit trade relations, said CEO Carlos Ghosn, who also demanded compensation from the government should the industry suffer new tariffs.
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JOIN NOWGE Didn’t Renew Contracts Linked to Power Firm at Center of U.S. Probe of Standard Chartered
General Electric declined to renew contracts with a subsidiary of a power company in Indonesia controlled by Standard Chartered, which is being investigated by U.S. authorities over bribery allegations at the Southeast Asian firm.
H&M Earnings Fail to Weather Heat, Stronger Dollar
Hennes & Mauritz posted a 9% fall in third-quarter profit after the Swedish fast-fashion company suffered increased markdowns on its clothing and a strong U.S. dollar.
Airbus Tightens Belt With New Corporate Shake-Up
Airbus Group is to merge headquarters and eliminate an unspecified number of management jobs in a new restructuring plan to improve profitability.
Lockheed Wins Contract to Install Weapons on Australian Submarines
Lockheed Martin has won a multibillion-dollar contract to install combat systems in Australia’s next fleet of submarines, beating out rival Raytheon.
FTSE Russell Opts Not to Add China’s Local Currency Shares to Indexes
The FTSE Russell index group has decided against adding China’s local-currency shares to its global benchmarks, reflecting investor concern over the openness and transparency of China’s stock markets.
Iraq Quarrel on Production Number Could Sink OPEC Deal
A crack is already evident in OPEC’s deal to cut oil production: Resurgent producer Iraq is disputing the output numbers that underpin the accord.
Retail’s Biggest Debate: Should You Pay More to Use a Credit Card?
The Supreme Court’s decision to take up the question of whether retailers can charge more when shoppers use credit cards has put it in the middle of a growing international debate. 156
Lawmakers Take More Swings at Wells Fargo CEO
Wells Fargo Chief Executive John Stumpf struggled to mount a defense in the face of repeated attacks over the bank’s sales practices from members of the House Financial Services Committee. 66
Hackers Infect Army of Cameras, DVRs for Massive Internet Attacks
Hackers used an army of hijacked security cameras and video recorders to launch several massive internet attacks last week, prompting fresh concern about the vulnerability of millions of “smart” devices in homes and businesses connected to the internet. 64
Qualcomm in Talks to Acquire NXP Semiconductors
Qualcomm is in talks to acquire NXP Semiconductors, a deal that would likely be valued at over $30 billion and represent the latest merger in a rapidly consolidating semiconductor industry.
5 Reasons Wal-Mart May Want a Slice of India’s Flipkart
Here are five reason analysts say the world's largest retailer might want a tie-up with the Indian startup.
Apple’s China Research Center to Develop Hardware, Landlord Says
Apple’s first research center in China will be a $45 million facility located in the capital to develop hardware, the site’s landlord said, announcing some of the first details of the project.
Syria Rebels Draw Closer to al Qaeda-Linked Group
Some of the country’s largest rebel factions are doubling down on their alliance with Syria Conquest Front, despite a U.S. warning to split from the extremists or risk being targeted in airstrikes.
U.S. Election 2016
Portman May Provide Reverse Coattails for Trump in Ohio
If Donald Trump wins Ohio, it may be because of the groundwork laid by Rob Portman, the Republican senator who has identified and courted GOP voters after anticipating a tough re-election race. 56
China Official Disputes U.S. Allegations on Trade Practices
A China aluminum industry official told the U.S. International Trade Commission that allegations that Chinese companies are skirting global trade rules and evading U.S. import duties “do not hold ground.”
New Jersey Train Crash Heightens Rail-Safety Concerns
A New Jersey commuter train crashed into a busy railroad terminal Thursday, killing one person, the latest in a series of fatal passenger train accidents around the country. 202
Video
Skydivers Swing From Hot-Air Balloons to Set World Record
1:11
‘Deepwater Horizon:’ The True Story of Those On Board The Rig
2:48
Duterte: No More U.S.-Philippine Military Drills
2:09Photos
Travel
A Historic District in Sydney is the City’s Newest Must-Visit Destination
Once an industrial enclave, Chippendale is now home to a thriving art and food scene.
On Wine: Lettie Teague
Wine Lovers Behaving Badly: More Tales of Obnoxious Oenophiles
The Middle Seat
The Longest Walks at the Airport
Indian Comic Book Makes Heroes Out of Rape and Acid-Attack Survivors
"Priya's Mirror," tells the story of a rape victim who helps acid attack survivors realize their dreams in a colorful, magical world inspired by Indian mythology.