A young labour force, a real estate boom, a politically stable Communist-led country that can reap riches through exports and a friendly relationship with the US — many have compared Vietnam to what China was more than two decades ago. Add one more trait to this mix as we enter the 2020s: profitless prosperity. With Vietnam quickly moving up the ...

It was the year of inequality. The economic debate took a dramatic turn in 2019. To be sure, much attention was paid to the familiar standbys: jobs, interest rates, inflation and trade. But superseding these well-worn subjects was a growing fixation on the lopsided nature of American prosperity. It’s become fashionable to denounce billionaires. Bernie Sanders thinks they should be ...

It’s showtime for Keith Skeoch. Almost three years since he and Martin Gilbert agreed to create Standard Life Aberdeen Plc, he’s now flying solo as chief executive officer of the UK’s biggest standalone asset manager. For the fund behemoth to be valued by investors and analysts at more than the sum of its parts, it needs to either consistently outperform ...