Bloomberg Two of the financial industry’s biggest names — Goldman Sachs Group Inc. and JPMorgan Chase & Co. — are in the race for Wall Street supremacy in the $3 trillion global market for exchange-traded funds. Goldman Sachs won the first leg by pulling in a couple billion dollars in ETF assets in a year. But the competition is …

  Manila / AFP President Rodrigo Duterte’s deadly war on crime is threatening the Philippines’ economy and endangering its democratic institutions, international credit rating agency Standard and Poor’s warned on Wednesday. S&P maintained its stable outlook for the Philippines, but highlighted a range of “weaknesses” under the new Duterte administration that also included his foreign policy and national security statements. …

  Bloomberg India is considering expanding the basket of steel products that attracts an anti-dumping tax to stem inflows of cheaper supplies into the world’s third-biggest producer. The steel ministry is likely to levy anti-dumping taxes on some of the 66 products that are currently covered by the minimum import price rule before it expires on Oct. 4, Steel Secretary …