TOKYO - Few foreign activist investors have made much headway in forcing change in Japan. Hedge fund manager Daniel Loeb is hoping to be an exception with his push to make Sony spin off its film, television and music business. Full Article
BEIRUT - Rebels fighting for control of the Syrian town of Qusair called for reinforcements on Wednesday to repel forces loyal to President Bashar al-Assad in a civil war which is spreading violence through an already volatile region.
DUBAI - Iran's clerical rulers may have sought to remove any challenge to their grip by barring two vivid contenders from next month's presidential election, but they risk alienating voters already disillusioned by the violent aftermath of the 2009 poll. Full Article
WASHINGTON - Lois Lerner, the Internal Revenue Service official at the center of a scandal about the targeting of conservative groups for extra tax scrutiny, plans to assert her constitutional right not to answer questions from a congressional committee. Full Article
To his supporters, he’s the personification of everything that’s best about the financial system. But to detractors, he’s the personification of all that’s wrong with modern banking — the arrogance, the resistance to new regulation, the astronomical pay in the face of obvious mistakes. Commentary
We are witnessing the slow death of public opinion in this country. It’s being displaced by party opinion. Elections today are less and less about persuasion and more and more about mobilization: You rally your supporters in order to beat back your opponents. Commentary
While I join the chorus of rage aimed at the excesses of a Department of Justice leak investigation that has criminalized the reporting of Fox News Channel’s James Rosen, I also wonder how much of Rosen’s trouble is of his own making. Commentary
Japan’s property sector has been down in the dumps for decades. But the country's massive stimulus drive is finally convincing people to buy again as they bet interest rates and prices will rise. Video