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Thursday's headlines, Financials edition

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Thursday's headlines, Financials edition

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StanChart eyes $100 billion private bank assets in growth push, to hire bankers - Reuters

GREATER CHINA

Tumbling renminbi helps push Chinese into bitcoin, say traders - Financial Times
China's Economy Weakens on Several Fronts as Trade War Rages - The Wall Street Journal
China's central bank issues 30-bln-yuan bills in Hong Kong - Xinhua News Agency
Harvest Yuanhe Mutual Fund Set to Expire and Liquidate in September - Caixin
BlackRock moves Hong Kong forum after protesters occupied airport - South China Morning Post
Shanghai to give foreign workers access to share options in stock market - South China Morning Post

JAPAN AND KOREA

Suruga Bank's Net Profit Up 20 Pct in April-June - Jiji Press
Dai-ichi Life to Sell Insurance via Smartphone App - Jiji Press
Japan Post Scraps FY 2019 Catalog Sales Quotas - Jiji Press

SC Bank Korea's net gains 2.5 pct in H1
- Yonhap News Agency
Eugene Investment faces lawsuit for system failure - The Korea Times
Major life insurers face perfect storm - The Korea Times
Shinhan Bank joins hands with blockchain firms for better customer security - The Korea Times

ASEAN

Indonesian VC firm Ideosource plans to foray into venture debt funding - DealStreetAsia
MAS slaps 13-year, 15-year bans on 3 Singaporeans jailed in landmark insider trading case - The Straits Times
Bursa revamps derivatives market rules, directives - Sun Daily
Public Bank posts lower Q2 earnings on higher expenses - Sun Daily
Manulife Philippines appoints new president - BusinessWorld
EastWest Bank books 21% income hike in H1 - The Philippine Star
Slowdown in foreign investments to PH continues, hits four-year low in May - Philippine Daily Inquirer
KBank passes along rate cut for lending - Bangkok Post

SOUTH ASIA

Moody's Downgrades Indiabulls Housing Finance's Ratings, Changes Outlook To Negative - BloombergQuint
Yes Bank Raises Rs 1,930 Crore Via QIP - Press Trust of India
SBI Proposes To Dilute Stake In Credit Card Business Through IPO Route - Press Trust of India
Dharmesh Mehta Along With Investors To Acquire IDFC Securities - Press Trust of India
Edelweiss Financial Services Q1 consolidated net profit declines 49% - The Hindu Business Line
Risks in India's banking sector may rise, says Fitch Ratings - The Hindu Business Line
IL&FS cuts nearly 50% staff since October for cost cutting - Indo-Asian News Service
IAMAI says RBI has no authority to ban cryptocurrencies - Indo-Asian News Service

AUSTRALIA AND NEW ZEALAND

ASX set for heavy falls as Wall Street dives on recession fears - Sydney Morning Herald
QBE teams up with supplier partners to create a customer charter - Insurance Business Australia
Allianz Australia slapped with additional $250 million capital requirement - Insurance Business Australia
AMP turns the screws on advisers - The Australian Financial Review
ASIC plans responsible lending changes by end of year - The Australian Financial Review
Jefferies equities team booked for Sept start, first trade October - The Australian Financial Review

The Daily Dose Asia-Pacific "Headlines" edition aggregates banking, financial services and insurance headlines from the websites of a limited number of major Asian and Australian publication titles and newswires, with an editorial deadline of 5:30 a.m. Hong Kong time. Language translations to English are provided by an automated service and may not be entirely accurate.