Bloomberg Two Philippine lenders said they didn’t hold cash on behalf of Wirecard AG, the German payments processor whose shares have tumbled after it said it was unable to locate more than $2 billion in funds. A document purporting to show a link between Wirecard and the Bank of the Philippine Islands was “bogus” and may be part of an ...

Bloomberg Indonesia’s bonds have been the star performers in Asia this quarter, and the second half of the year may bring further joy to investors. Factors likely to support the debt of Southeast Asia’s largest economy include a pro-active central bank, and the apparent underweight positioning of global funds following the coronavirus sell-off. These should outweigh concerns about rising debt ...

Bloomberg Housing Development Finance Corporation (HDFC) plans to raise $1.8 billion through the sale of shares or bonds, as financiers across India seek to boost buffers amid coronavirus. The money will be used for purposes including organic growth, acquisitions and to maintain sufficient liquidity, India’s biggest mortgage lender said in a statement. HDFC becomes the latest to join other lenders ...