Fires that have consumed swathes of Australia, the Arctic and now the western US are lighting only a tiny flame under climate action for the world’s top polluters. It’s hard to imagine how the past two years could have included more environmental alarm bells, from the ancient peatlands ablaze in the thawing north to mercury hitting just over 54 degrees ...

Bloomberg Japan’s key inflation gauge went negative again last month, underscoring the challenge the Bank of Japan and new Prime Minister Yoshihide Suga face in trying to restore price momentum amid the pandemic. Consumer prices excluding fresh food fell 0.4% in August from a year earlier, going negative again after two months of staying unchanged, the ministry of internal affairs ...

Bloomberg Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. While Chief Executive Carrie Lam’s latest spending plan will draw from the city’s fiscal reserve of HK$976.6 billion ($126 billion) in July, that cash pile is still seen by economists as large enough to ...