Thirty months after setting the goal of sending a mission 239,000 miles to the moon, and returning safely, President John Kennedy cited a story the Irish author Frank O’Connor told about his boyhood. Facing the challenge of a high wall, O’Connor and his playmates tossed their caps over it. Said Kennedy, “They had no choice but to follow them. This ...

At last, India’s in-court bankruptcies will show some urgency and common sense. The government said it would amend the 2016 insolvency law, a signature reform of Prime Minister NarendraModi’s first term. Investors will cheer. The legislation was getting mired in frustrating legal delays and bizarre judgments, threatening to scare off global investors from a $200-billion-plus bad-debt cleanup. The last straw ...

Asia’s most stubborn central bank just reversed course. With the Federal Reserve all but certain to renew its easing cycle at the end of the month, the Bank of Korea preemptively cut its benchmark interest rate to 1.5 percent from 1.75 percent, in a decision that surprised roughly half of the economists polled by Bloomberg. The central bank aimed to ...