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Wednesday's headlines, Financials edition


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Wednesday's headlines, Financials edition

Externallinks to the headlines below are available on and SNL Mobile, althoughsome may require a subscription.

Monetarypolicy review: RBI cuts repo rate by 25 bpsThe Hindu Business Line
SompoJapan to buy major overseas specialty insurerThe Nikkei


Chinesebanks rise in M&A advisory rankingsSouth China Morning Post
Carfinancing a new bright spot in Chinese economySouth China Morning Post
Chinasees record-high direct investment in US in 2015 – Xinhua News Agency
China'soutstanding P2P loans hit record high in September – Xinhua News Agency
GrowingCredit Warning For China – Agence France-Presse
FormerMega Bank executives in courtTaipeiTimes


Banksrise, housing shares sink as Japan long rates pause slideThe Nikkei
Korea needsboth monetary and fiscal easing: BOK chiefThe Korea Herald
Savingsbanks see surge in large deposits – Yonhap News Agency
'One-stop'reporting system introduced for lost credit cards – Yonhap News Agency
28 firmssubject to strict antitrust rules in September – Yonhap News Agency
CitibankKorea considers charging customers account maintenance feeThe Korea Times


Fintechadoption to increase soon, PwC partner saysThe Nation
ThanachartInsurance targets home coverage for growth – The Nation
Banks:Financing available to businessesTheStar
Malaysianeeds sizeable reserves due to volatile commodity prices, says JohariThe Star
Yuan'sglobal popularity will impact VN economyViet Nam News
Gov'tfails to sell GSIS Family Bank anewBusinessWorld
Cititargets 100% biometrics coverage amid increasing financial fraud casesBusinessWorld
Singaporebondholders seek exits – Bloomberg


Indiacenbank to be firm but pragmatic in tackling banks' non-performing loans –Reuters
Patel'sBig Day Out Signals Abrupt Shift From Rajan's Stormy Era – Bloomberg News
YesBank CEO sees 75 bps further monetary easing in coming months – Reuters
Ratecut could save India Inc Rs 6,300 crore in interest outgoBusiness Standard
RBIto relax asset classification norms under S4AThe Hindu Business Line
ICICIBank lowers lending rates by 0.5% - BusinessStandard
SilkBank not selling more stake to Gourmet GroupPakistan Today


CBAchief Ian Narev's bid to cool bank furyThe Australian
Banksaccused of funneling customers into underperforming super funds –Australian Associated Press
CBA'sNarev defends cuts to deposit ratesTheAustralian
AMPunveils goals-based adviceTheAustralian

TheDaily Dose Asia-Pacific "Headlines" edition aggregates banking,financial services and insurance headlines from the websites of a limitednumber of major Asian and Australian publication titles and newswires, with aneditorial deadline of 6 a.m. Hong Kong time. Language translations to Englishare provided by an automated service and may not be entirely accurate.