Hong Kong's iron lady is back. As deputy to the last British governor, Chris Patten, and then to Beijing-appointed chief executive Tung Chee-hwa, Anson Chan showed decisive leadership and candor—particularly on Hong Kong's need for democracy as promised in its mini-Constitution, or basic law.
Spreading things like U.S. mortgage risk around the world was supposed to make us safer. So why are markets getting rockier?
Last week's plunge on Shanghai's stock exchange made barely a ripple outside China. Here's why.