Hong Kong officials have typically reacted with nonchalance to questions about the city’s record population exodus. Financial flows show the territory retains its hub status, business confidence is unshaken, those departing are denying themselves a role in a prosperous future. Or so some of the familiar arguments run. The Securities and Futures Commission’s (SFC) staffing struggles offer a different perspective. ...

  The Ukraine crisis may yet produce the biggest war in Europe since 1945. Or it may produce some strange new hybrid of cyberattacks, “little green men” and maskirovka (military deception) that won’t quite match our preconceived notion of war. Or — though this now seems the lowest-probability scenario — President Vladimir Putin may turn out to be Russia’s answer ...

  The latest Republican objection to Sarah Bloom Raskin’s nomination to the US Federal Reserve concerns a possible conflict of interest she had while serving on the board of a financial technology company. Far more disturbing — and far more justifiable as an objection — are her ideas about how to use the Fed to fight climate change. Using monetary ...