LVMH Moet Hennessy Louis Vuitton SE has kicked off the luxury reporting season in style. The company said that its fashion and leather goods division recorded a 30% increase in sales excluding currency movements and mergers and acquisitions in the three months to March 31. Analysts had expected a 23% gain. Although the shares had fallen 13% between the start ...

  For New Zealand, having the most hawkish central bank in Asia doesn’t go far enough. Officials are intensifying their battle against inflation, even as confidence ebbs and the vital housing industry teeters. Is the country racing toward a recession? The Reserve Bank of New Zealand (RBNZ) raised its benchmark interest rate by a half a percentage point to 1.5%, ...

  India has surprised and disappointed many of its fellow democracies by refusing to directly condemn Russia’s invasion of Ukraine. Some US officials have even let their frustrations spill out in public. Although understandable, such criticisms are mostly unproductive. The US and its allies should instead concentrate on showing India that the country’s interests are better served through partnership with ...