Markets welcomed the International Monetary Fund’s (IMF) $50 billion rescue stabilization package last week, which seems to be stabilizing the peso. But the financial umbrella will be costly. Rightly or wrongly, Argentines blame the IMF for precipitating their country’s worst economic crisis. In the eyes of many voters, the mere association will damage President Mauricio Macri’s standing. As detrimental, the ...

Bitcoin’s price was supposed to go to the moon. Yet over the past six months, from high to low, the linchpin of the entire cryptocurrency craze has shed 66 percent of its value. It’s an unraveling almost on par with the Nasdaq index during the dot-com bust, or US bank equities in the financial crisis. Thankfully, the wider economy has ...

Samsonite International SA Chief Executive Officer Ramesh Tainwala resigned this month after a short seller highlighted issues with how he’d presented his educational history. Investors in AirAsia Bhd. should take notice. After all, co-founder Tony Fernandes is another notable Asian CEO who’s not been shy of boasting academic credentials that are less than they first appear. At a time when ...