Hong Kong feels like it’s on the edge of a nervous breakdown, and it’s tempting to ask how much more people can take. With reports circulating that authorities will impose some form of lockdown later this month, supermarket shelves are once again being stripped bare and long lines have formed outside pharmacies. More than two years after the start of ...

  A debate is intensifying about the role of corporate America in the recent wave of higher inflation. Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs. The available data strongly suggests that companies are raising prices to enhance profits. The view of price ...

  Vladimir Putin’s war on Ukraine will have momentous consequences for many — above all for Ukrainians, those who are fleeing the country and those who have stayed to fight off the invading army or to helplessly endure the devastation. But the effect on Russians, too, will be enormous, whether or not we realise it now. It’s time for we ...