Indonesian President Joko Widodo’s choice of a new central bank governor is a clear signal that the campaign for next year’s election has begun in earnest. It’s hard to find another way to explain the promotion of Bank Indonesia Deputy Governor Perry Warjiyo to the top job. With campaigning for municipal elections in June under way and a tough presidential ...

Something was missing on a trip to East Asia a few weeks ago. And on separate visits to Mideast and India toward the end of last year. Took me a while to figure what it was. You know that feeling where you get that you left something behind, but you just can’t quite remember what? Ah, yes! Brexit! Britain’s decision ...

“There is one and only one social responsibility of business — to use its resources and engage in activities designed to increase its profits.” So wrote Milton Friedman, the great economist and Nobel laureate. Someone should tell today’s corporate leaders, who are responding to the age of Trump in part by spending energy on activities other than directly increasing profits. ...