Markets

Hawkish Xi boosts China defense stocks

HONG KONG -- China's defense industry stocks have risen because of expectations that Beijing will accelerate the already fast growth of the country's military. Recent comments by President Xi Jinping's have added fuel to expectations. He recently...

Deals

Mitsubishi, Tata Consultancy to merge IT operations in Japan

TOKYO -- Mitsubishi Corp. and India's Tata Consultancy Services plan to combine IT service...

Economeister

Kahlil Rowter: The economic imperative of the next Indonesian president

It was already clear from the preliminary count that the results of Indonesia's April 9 pa...