Yemen President Emerges in Saudi Arabia


Yemen President Emerges in Saudi Arabia
By Hakim Almasmari in San’a, Yemen and Asa Fitch in Dubai
The Wall Street Journal Europe
Mar 27 2015

Yemen’s U.S.-backed president turned up in Saudi Arabia on Thursday, a day after he fled his country as Houthi militants closed in on his southern stronghold, Saudi state television reported. He emerged in the Saudi capital Riyadh hours after Saudi…read more…

Obama StrugglesWith Messy Mideast


Obama StrugglesWith Messy Mideast
BY JAY SOLOMON AND GERALD F. SEIB
The Wall Street Journal Europe
Mar 27 2015

The Middle East has descended into a state of disarray unusual even for that messy region, imperiling President Barack Obama’s policy dreams and leaving him with limited ability to control events. The latest complication has erupted in Yemen, where…read more…

Japan Chips at Campus Military Taboo


Japan Chips at Campus Military Taboo
BY ERIC PFANNER AND CHIEKO TSUNEOKA
The Wall Street Journal Europe
Mar 27 2015

TOKYO—Japan`s military is prying open long- closed doors at university research labs, boosting Prime Minister Shinzo Abe`s U. S.backed effort to cast off some of the country’s pacifist constraints. Mr. Abe’s government says Japan needs to tap its best…read more…

India’s Finance MinisterUrges Patience on Reform


India’s Finance MinisterUrges Patience on Reform
BY PAUL BECKETT AND RAJESH ROY
The Wall Street Journal Europe
Mar 27 2015

NEW DELHI— Indian Finance Minister Arun Jaitley has a simple message for critics pushing for deeper change in the economic policies of the world’s largest democracy: It’s coming, be patient. In an interview Thursday, Mr. Jaitley, a corporate lawyer…read more…

Oil Producers Sound Retreat From China


Oil Producers Sound Retreat From China
BY BRIAN SPEGELE
The Wall Street Journal Europe
Mar 27 2015

BEIJING— Global oil companies are unwinding some big bets they made on China— and that is bad news for the Chinese companies, which need their know- how. Falling oil prices have forced oil bosses to slash planned investments that now look less likely…read more…

Crude Oil Rallies After Saudis Move To Assist Yemen


Crude Oil Rallies After Saudis Move To Assist Yemen
By Timothy Puko, Georgi Kantchev and Nikhil Lohade
The Wall Street Journal Europe
Mar 27 2015

Oil prices jumped after Saudi Arabia and its allies launched a military campaign in neighboring Yemen, adding to concerns about the security of crude supplies in a region already fraught with tensions. Oil prices climbed following the start of…read more…

Bond Funds’ Liquidity Presents Market Concern


Bond Funds’ Liquidity Presents Market Concern
— Paul J. Davies
The Wall Street Journal Europe
Mar 27 2015

Bond markets have been encroaching on banking territory. But it appears that bond funds may be taking from banks not only the credit risk that borrowers default, but also a type of maturity transformation risk, of effectively borrowing short to lend…read more…

The Chinese Yuan Strikes Back


The Chinese Yuan Strikes Back
— Alex Frangos
The Wall Street Journal Europe
Mar 27 2015

Someday the Chinese currency might buckle under the weight of a slowing economy. Beijing will make sure this isn’t the year for that to happen. The Chinese yuan has strengthened mightily in the past couple of weeks, and is just about where it started…read more…

Corporate Bonds Left Behind by ECB QE


Corporate Bonds Left Behind by ECB QE
— Richard Barley
The Wall Street Journal Europe
Mar 27 2015

The European quantitativeeasing party is in full swing. But while German government bond yields have been dancing to the European Central Bank’s tune, setting new lows, other markets have yet to catch the celebratory mood. That bears watching. Take…read more…