Bloomberg The Philippine peso has a secret weapon that has made it one of Asia’s best-performing currencies this year: bumper real yields. While the central bank has cut interest rates three times this year to spur growth —which typically saps demand for a currency — slowing inflation has ensured that real yields on the nation’s bonds have remained among the ...

Bloomberg Yes Bank Ltd, the Indian lender that’s been courting investors following management turmoil and scrutiny of bad loans, posted a bigger-than-expected second-quarter loss as soured debt increased and the firm took a one-time charge. The loss totalled 6 billion rupees ($84.7 million) for the three months ended on September 30, compared with net income of 9.65 billion rupees a ...

Bloomberg JPMorgan Chase & Co and Amazon.com Inc have begun testing the new health-care venture they’re developing with Warren Buffett’s Berkshire Hathaway Inc, rolling out some of the new offerings to employees in a handful of states. Under the program, called Haven Healthcare, JPMorgan is offering its 30,000 workers in Ohio and Arizona two plans for 2020 run by Cigna ...