Credit Suisse Group AG’s franchise has proved indestructible through one crisis after another for decades. Its latest mess looks particularly bad. The Swiss bank faces parallel calamities in investment banking and asset management with the same cause — poor risk control — at a time its rivals are performing well. The case for a takeover is strong in principle. The ...

Over the weekend, Sydney was put under a mandatory stay-at-home order for two weeks in response to the risk posed by the Delta variant of Covid-19. This came as a surprise to many, especially those who rightly view Australia as having been among the best in managing Covid, with its very low infections, hospitalisations and deaths. Australia was not the ...

The past year has been a headache for would-be home buyers who dealt with quickly-rising prices and a shrinking number of options. That buyer squeeze now seems to be easing — and the housing headache is shifting to the rental market. Rising vacancy rates during the pandemic led to stagnant or falling rents in many metro areas, but that’s showing ...