Manila / AFP Philippine President Rodrigo Duterte has said he personally killed suspected criminals when he was mayor of a southern city to set an example for police. Duterte made the comments in a speech to businessmen as he discussed his campaign to eradicate illegal drugs, which has seen police and unknown assailants kill thousands of people since he became …

  Indiana’s Thomas R. Marshall, who was America’s vice president 100 years ago, voiced — he plucked it from a Hoosier humorist — one of the few long-remembered utterances to issue from that office: ‘What this country needs is a good 5-cent cigar,’ which would be $1.11 in today’s currency. A century later, what the country needs is a $12 …

  In Asia, Western banks need to understand that small is beautiful. They need to be more nimble and focused, and accept that some things are best left to the locals. They should also focus on what pays: The multinational clients that were once their top customers and the private-equity firms that provide recurring fees are a lot more loyal …