Critics have already begun writing their obituaries for Abenomics, after the latest disappointing data showed Japan’s economy is yet to get off its hospital bed despite massive monetary stimulus. But for a government searching for more answers, the solution might lie closer to home than in the realm of exotic policy instruments. On Thursday, the Organization for Economic Cooperation and …

Financial Secretary John Tsang Chun-wah is going to announce the government’s fiscal budget for 2016-17 on Wednesday. The Association of Chartered Certified Accountants Hong Kong (ACCA) estimates that the government will record a surplus of approximately HK$70 billion (US$9 billion). Given there has been a significant surplus consistently over the past few years, leading to the accumulation of fiscal reserves …

One could argue — and some, like UKIP leader Nigel Farage, already do — that the concessions British Prime Minister David Cameron obtained late on Friday from other European Union leaders in order to stay in the bloc are meaningless. Or one could rejoice in a victory as Cameron does. That won’t change a fundamental fact: The UK is not …