Malaysian Prime Minister Muhyiddin Yassin finally got the state of emergency he first sought months ago. The sweeping powers ostensibly give him a shot at quashing a surge in coronavirus infections while, critically for the future of his leadership, putting the lid on a political rebellion that threatened his precarious 10-month tenure. The emergency decree was declared by the king ...

The UK is looking for ways to set itself apart from its European neighbours after Brexit. On monetary policy, however, Britain could soon become more European. The Bank of England is studying the possibility of cutting interest rates below zero, as central banks in Denmark, Sweden, Switzerland and the euro zone have all done in the recent past. Policy makers ...

In a week when Democrats won two US Senate seats in Georgia to gain control of Congress, financial markets affirmed a view already prevalent on Wall Street: that Democrats are the best party to get the economy out of its growth slump. This is a shift from prior decades because of the specific circumstances of the economy in 2021. And ...