Who wants to be a national leader in the pandemic era? Yoshihide Suga declared he was done after a year and relinquished leadership of Japan, which is wrestling with an inconsistent economic recovery and soaring infections. Governing in the Covid years is especially fraught for premiers that lack a popular mandate; it’s hard enough for those who actually won elections. ...

The highly anticipated US jobs report for August should make us feel sorry for those having to navigate through the flood of economic data, be they analysts or, more importantly, policy makers. With another set of data subject to divergent interpretations, the post-pandemic economic landscape remains both puzzling and uncertain. Constituting a big miss relative to expectations, the headline number ...

Bloomberg Philippine Airlines Inc filed for Chapter 11 bankruptcy in New York with a lender-supported plan that helps the country’s main carrier recover after the pandemic devastated global travel. The company aims to cut $2 billion in borrowings through a proposed restructuring plan, which needs court approval, it said. Philippine Airlines will also get $505 million in equity and debt ...