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, ...

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% ...

Bloomberg Indonesia has decided to impose a temporary ban on all foreigners from visiting the country on concern over the spread of a new variant of the coronavirus. The restriction will apply from January 1 to 14, with exceptions given to official visits by those holding ministerial-level positions or higher, said Foreign Minister Retno Marsudi in a Monday briefing. Non-citizens ...