Two of Asia’s most important trading nations stepped up the fight against inflation as the battle with Covid winds down. Like the spread of the virus, officials need to reckon with a certain inevitability: The pace of price increases will only accelerate, in the medium term. No matter the response, there will be economic costs. The Monetary Authority of ...

  “Why, sometimes I’ve believed as many as six impossible things before breakfast.” — the White Queen. Analysts trying to evaluate the prospects for a revival of Hong Kong’s economic fortunes under a new chief executive might be better off discarding their political science manuals and consulting Lewis Carroll’s “Through the Looking Glass.” Assessing whether events will follow the course ...

  Bloomberg An amendment to European Union sanctions created a potential path for some aircraft financiers to sell jets held in Russia to the airlines now operating them without permission. The measure will allow EU governments to grant permission for entities in their states to keep receiving payments from Russian companies on so-called financial leases signed before February 26. Ownership ...