Hong Kong has undergone wrenching changes that were all but unimaginable little more than two years ago. The remaking of the city in the wake of pro-democracy protests in 2019 has touched upon areas such as freedom of speech and the legal system that are pillars of its standing as an international financial center. Yet if there is one ...

  In the space of a few short months, the prevailing narrative on US inflation has veered from “It’s transitory” to “We have a problem.” The Federal Reserve took another step towards acknowledging this, raising its policy rate by 50 basis points and leading investors to expect a faster pace of tightening from now on. That’s fine, you might say, ...

Bloomberg Qantas Airways Ltd revived a plan to start direct flights connecting Australia’s east coast with New York and London as it finally ordered Airbus SE jets for the ultra-long services. The airline said it’s buying 12 A350-1000s that can fly non-stop from Australia to any city in the world. Commercial services will start from Sydney in late 2025, Qantas ...