Driven in part by soaring public debt, Indonesian President Joko Widodo is going soft as he starts his final term. He’s emphasising “soft infrastructure’’ such as legal reform, education and counter-corruption while quietly easing back on the physical airports, roads and the like that were the key priority in the first five years. But he should beware of putting Indonesia ...

India’s best-known software exporter is facing an impossible trinity of sorts: Out of sales, margins and governance, Infosys Ltd. can hit only two goals at a time. Or so it would appear from yet-to-be-proven whistle-blower allegations against Chief Executive Officer Salil Parekh and Chief Financial Officer Nilanjan Roy that they used hyper-aggressive accounting practices to hide from investors the lack ...

Someone had to take the fall for the latest disastrous turn in Boeing Co.’s 737 Max crisis and that someone appears to be commercial airplanes chief Kevin McAllister. Boeing abruptly announced that McAllister is stepping down. He joined in 2016 from General Electric Co. and oversaw the unit responsible for the troubled Max, which has been grounded for seven months ...