The European Central Bank (ECB) has a problem, and, no, it is not the exchange rate. The recent appreciation of the euro may have caught all the headlines, but it pales in comparison with the broader challenge the pandemic poses for monetary policy. Rather than simply talking down the currency, the ECB must take more substantive steps to support economic ...

Japan’s likely next prime minister is a huge fan of Shinzo Abe. That doesn’t mean Yoshihide Suga is a carbon copy. Indeed, the shades of difference between the two men on some key issues are important, particularly when the economy in question is the world’s third-largest, a critical part of global manufacturing and trade, and a pioneer of ultra-low interest ...

Bloomberg Polish e-commerce group Allegro plans to raise about 1 billion zloty ($266 million) in an initial public offering in Warsaw, becoming the latest web-based company to take advantage of a buoyant market for the tech sector. Allegro’s private equity owners Cinven, Permira and Mid Europa Partners also plan to sell shares in the IPO, the company said in a ...