If China were to attack Taiwan, it wouldn’t just have to face a hostile superpower. It would also likely have to confront its longstanding regional rival, Japan. For centuries, Japan and China have vied for hegemony in East Asia; at times, they have threatened each other’s survival. Today, as I found from three days of meetings with Japanese officials and ...

Winston Churchill’s words at the turning point of World War II in 1942 are an apt summary of where the Bank of England currently finds itself: “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” And while the Federal Reserve remains committed to pushing borrowing ...

  The mooted sale of Liverpool Football Club confirms an uncomfortable truth: No-one really makes any money owning a soccer club, they only profit from selling it. Fenway Sports Group Holdings LLC, which also owns Major League Baseball’s Boston Red Sox and the National Hockey League’s Pittsburgh Penguins, is exploring a sale of the English team. Liverpool could fetch more ...