Even before Britain has left Europe, Europeans are leaving Britain. The latest figures confirm the trend: Since the 2016 Brexit referendum, net migration from European Union (EU) countries into the UK has been declining, while that from non-EU members has been climbing. But the most striking of the figures published last week are those showing that more central and eastern ...

After searching far and wide for a new CEO for the past five months, Aviva Plc is sticking with a familiar face: on Monday, it named a 26-year company veteran as its new boss. More of the same may be just what the British insurer needs, but changing investors’ negative view of that strategy could require time. It’s a luxury ...

Last August, when a paramilitary group almost became the first default among local government financing vehicles, few would have thought that another asset frenzy was afoot in China. Yet off-budget local government debt is having a fun ride. After that scare, yields for AA rated, three-year bonds issued by local government financing vehicles compressed to 3.9 percent from about 5 ...