A period of tranquility in Asian central banking appears to be ending, and that’s not a bad thing. India and Indonesia are probably done cutting interest rates. Their next steps are likely to be hikes, with the Philippines following suit. While these nations’ central banks are minnows relative to the Bank of Japan and People’s Bank of China, their rate ...

Facebook Inc. is trouble. It’s in trouble, too, with politicians in multiple countries now sniffing into its lackadaisical approach towards protecting user privacy and investors knocking $95 billion (about 18 percent) off its market capitalization in the past week and a half. But the company also just seems congenitally inclined to push things too far, to treat its users again ...

When the sole dissenter on a stock that has 50 buy recommendations ratchets up his bearish call with a ‘buyer beware’ warning on the whole industry, you sit up. When the stock in question is ICICI Bank Ltd, which had to downsize an initial share sale of its securities business (ICICI Securities Ltd) amid lacklustre demand, you take notice. Among ...