At last, India’s in-court bankruptcies will show some urgency and common sense. The government said it would amend the 2016 insolvency law, a signature reform of Prime Minister NarendraModi’s first term. Investors will cheer. The legislation was getting mired in frustrating legal delays and bizarre judgments, threatening to scare off global investors from a $200-billion-plus bad-debt cleanup. The last straw ...

Asia’s most stubborn central bank just reversed course. With the Federal Reserve all but certain to renew its easing cycle at the end of the month, the Bank of Korea preemptively cut its benchmark interest rate to 1.5 percent from 1.75 percent, in a decision that surprised roughly half of the economists polled by Bloomberg. The central bank aimed to ...

Ursula von der Leyen has clinched the presidency of the European Commission with a razor-thin margin of nine votes. It’s a win for the national governments that backed her, a loss for the European Parliament that dreamed of putting forward one of its own — and a sign of some very tough tussles ahead for the 28-member bloc. When pulling ...