Headlines

Indonesia’s dangerous return to state-controlled trade

Indonesia’s President Prabowo Subianto has unveiled one of the most consequentialeconomic interventions since the fall of Suharto: a plan to centralize exports of strategiccommodities — including palm oil, coal and ferroalloys — through a state-controlledstructure linked to the

Asia

Xi and Putin tout ‘new type’ of world order in Beijing

Less than a week after hosting Donald Trump, China’s leader Xi Jinping welcomed his Russian counterpart, Vladimir Putin, to Beijing. Unlike Trump’s visit, this was a routine meeting. The Chinese and Russian presidents have met more than 40 times since 2013, with the latest

Asia

Bond tremors from Washington to London to Tokyo upend Asia

TOKYO — Bond markets are cracking around the globe as geopolitical, technological and demographic trends simultaneously upend everything investors thought they knew about 2026. The turmoil is propelling borrowing costs to multi-year highs from Washington to London to Tokyo.

Asia