China

Initial coin offerings are the latest financial-markets mania, capturing investors’ imagination like dot-com startups once did years ago. But for all the hype, the risks are plentiful.

Air France-KLM shareholders backed Delta and China Eastern Airlines taking minority stakes in the airline to strengthen the partnership among three of the world’s biggest carriers.

Markets still aren’t very good at pricing political risk—particularly of the catastrophic variety.

This week’s economic calendar features U.S. trade and productivity data, a European Central Bank policy meeting, and Chinese foreign-exchange and trade figures.

A U.S. threat to withdraw from its bilateral trade agreement with South Korea risks alienating a key ally as fears intensify over North Korea’s advancing nuclear-weapons program.

Modi refused to be drawn into escalation by Beijing’s rhetoric.

In photos selected Thursday by Wall Street Journal editors, Princess Diana is remembered in London, trucks drive through flooded streets in Texas, Kyrgyzstan celebrates its independence from the Soviet Union, and more.

An official gauge of China’s factory activity rose in August, though new export orders declined despite strong global demand as the stronger yuan made Chinese exports more expensive.

China’s HNA Group is suing an exiled Chinese businessman for allegedly spreading what it says are falsehoods that have hurt the conglomerate’s reputation and financial interests.

The General Motors luxury brand, overlooked by U.S. car buyers, strikes the Chinese as an American status symbol. A sales surge there means for the first time Cadillac is selling more vehicles abroad than at home.

The Nasdaq Composite logged its third straight day of gains, boosted by shares of chip makers. The tech-heavy index rose 1.1%, while gains in semiconductor stocks helped the S&P; 500 edge up 0.5%.

Hyundai Motor was forced into a week-long suspension of production in China, as a political dispute between Beijing and Seoul wreaks havoc at the Korean auto maker.

In photos selected Tuesday by Wall Street Journal editors, a martin rests on the skylight of a house, floodwaters continue to rise in Houston, Muslims prepare for Eid al-Adha, and more.

Beijing and New Delhi said they had negotiated a solution to a monthslong standoff on a remote Himalayan plateau, ending a stalemate that had raised concerns about a potential military conflict.

Apple has scheduled a product announcement event on Sept. 12, according to people briefed on its plans, reinforcing expectations that the company will release new iPhones and a smartwatch ahead of the holiday season.

Wu Gan, an influential Chinese rights activist known as “Super Vulgar Butcher,” pulled off a rare act of defiance ahead of his closed-door trial where he was charged with subversion of state power.