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Today's Paper: Europe

Today's Paper Europe

Page One

U.S. Links Malaysian Prime Minister to Millions Stolen From Development Fund A1

U.S. prosecutors have linked the prime minister of Malaysia to hundreds of millions of dollars allegedly siphoned from an economic development fund, and are seeking the seizure of more than $1 billion of assets.

World

The Rise of Zero-Sum Economics A2

The two main U.S. political parties, but particularly the Republicans under Trump, have swung far from their faith that trade benefits all, writes Greg Ip. Instead of everyone wins, they now espouse a view in which one side distinctly wins, and the other loses.

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Opinion

What Has Congress Ever Done for Us? A10

The Monty Python lesson about the House and Senate GOP.

Business & Tech.

HSBC Foreign-Exchange Executive Charged With Fraudulent Trading B1

An HSBC foreign-exchange executive was arrested for allegedly front-running a $3.5 billion currency trade for a client, in a deal that netted millions in profits for the bank.

Money & Investing

Private Debt Piles Loom Over Emerging Economies B5

Cheap domestic credit can be a boon for an economy until its sheer volume becomes a burden, as emerging economies such as Turkey and China may soon find out.