Pakistan’s government has finally admitted it needs help. Finance Minister Asad Umar says he will be meeting officials of the International Monetary Fund (IMF) on the sidelines of its annual meeting Bali this weekend. There he’ll try and work out the terms for a bailout that would cover a $10 billion hole in Pakistan’s financing needs. The decision has to ...

Japan Inc. is getting its groove back. An overlooked policy change could be a driver. In recent months, Japanese companies have been posting a wave of positive data. Machinery orders — a key indicator of companies’ capital spending in the future — rose 12.6 percent on the year in August to the highest level in a decade, data showed, much ...

As Britain’s negotiations to leave the European Union (EU) enter their crunch moment, let’s be clear on one thing: The EU doesn’t need to punish Britain for leaving; the referendum did that just fine. Latest figures show the warnings of economic self-harm Brexiters like Boris Johnson derided as Project Fear are fast becoming real, while the promises of a Brexit ...