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Britain’s Brexit ordeal has barely even started

Britain’s free-trade agreement with the European Union, announced last week after months of fractious talks and days before the transitional Brexit arrangements were due to end, is certainly better than the alternative. Separating with no deal at all would’ve poisoned relations and been worse for both sides than what lies ahead. Yet this agreement settles less than you’d think. Supposing ...

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China tells Ant to return to its payment roots, places curbs

Bloomberg Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of consumer loans and wealth management. The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, insurance and wealth management services, ...

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Vietnam’s economy rises by 4.48% in Q4

Bloomberg Vietnam’s economic growth accelerated in the fourth quarter as exports and manufacturing extended their recovery from the pandemic slump earlier this year. Gross domestic product (GDP) rises 4.48% in the fourth quarter compared to a year earlier, up from a revised 2.69% in the third quarter, the General Statistics Office said. That compared to the median estimate of 4.0% ...

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