Bank of Japan makes surprise policy tweak

The Bank of Japan has slightly loosened the shackles on its 10-year yield target and said it will review the operation of its yield-curve control policy, surprising financial markets and sending the yen sharply higher.
Here’s how governments can reduce the impacts of Asia’s devastating flash floods

Flash floods have increased and become more unpredictable, and their toll on lives and livelihoods is growing as well. There is much we still don’t know about how to manage floods, but there are key policy actions we can take now.