Dan Loeb’s team is unlikely to be celebrating over Sony’s decision to sell its stake in Olympus Corp. Investors in Japan have reason to put a few crates of bubbly on ice, though. The sale was a mere side note on the laundry list of changes that Loeb’s Third Point LLC asked for at Sony, in an eight-page letter published ...

Even a trade truce could have its losers. The economic conflict between the US and China has been jarring, no doubt – decades-old commercial relationships have been torn up, supply chains are getting upended, global growth is slowing, and investors and businesses are rattled. On days when the standoff seems endless, you might find yourself asking: Can’t we just go ...

Asia’s biggest cities, from Shanghai to Dhaka, are struggling to manage the impact of decades of growth. Some are sinking. Most are traffic-choked. And almost all struggle with chronic air pollution. Worst of all, coastal cities face the threat of being inundated by rising seas. Indonesia’s capital Jakarta suffers these urban ills more acutely than most, which is why President ...