The evidence is in: At least during the first wave of Covid-19, countries with female leaders suffered far lower death rates than comparable nations led by men. This doesn’t mean that the trend will necessarily persist in a second or third wave. Nor does it imply that women are also better leaders when it comes to whatever else governments find ...

Valuing billionaire Jack Ma’s Ant Group, which filed its prospectus for a mega initial public offering, will be more art than science. It looks like a financial-services company but sells itself as a technology firm. Is it a MasterCard or a PayPal? On a number of counts, Ant is more like the former. First, the company has made a lot ...

The ship has been steadied but when’s the right time to unfurl the sails? The European Central Bank (ECB) has done everything it can to maintain the stability of the continent’s finance system during the Covid crisis. In June it doled out 1.3 trillion euros ($1.54 trillion) of super-cheap loans to the banking system at a negative 1% rate; it ...