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Tuesday's headlines, Financials edition

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Tuesday's headlines, Financials edition

Links are current as of publication time, and we are not responsible if those links are unavailable later.

GREATER CHINA

China July new loans stronger than expected; money supply picks up - Reuters
China Faces Problem in Getting Its Banks to Lend More Money - Bloomberg News
China Banks Bad Loans Surge Most on Record Amid Deleveraging - Bloomberg News
SinoPac Financial expects sustainable profit recovery - Taipei Times
Taiwan's Mega-Bank to cease transactions with Iran as new US sanctions go into effect - Taiwan News

JAPAN AND KOREA

BOJ should ditch negative rates, yield cap: ex-BOJ executive - The Business Times
BOJ's 'Stealth Tapering' Expected to Spread to Equities Buying - Bloomberg News
Cashless payments push MUFG Bank to shed 20% of ATMs - The Nikkei

ASEAN

BSP shuts down Rural Bank of Pagbilao - The Philippine Star
BPI Direct BanKo to have 200 branches by yearend - BusinessWorld
PayNow Corporate goes live in Singapore - Verdict
VPBank plans to issue 33.7 million ESOP shares - Viet Nam News

SOUTH ASIA

PNB Fraud: Govt sacks Usha Ananthasubramanian as Allahabad Bank chief - Business Standard
Fintech reach limited in India, says study - Mint
PNB tightens corporate governance norms - Press Trust of India
Canara Bank, Bank of India non-executive chairmen get extension - Press Trust of India
CBI, RBI to prosecute, initiate criminal charges against PNB top brass - Mint
Banking sector outlook to stay negative till capital positions improve: Fitch - Press Trust of India

AUSTRALIA AND NEW ZEALAND

Suncorp used 'tax surplus' for admin rather than return money to members - The Sydney Morning Herald
Elite Insurance secures resolution with CBL's liquidators - Insurance Business
NAB hid compo from ASIC to keep focus on earnings, commission told - The Australian

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 6 a.m. Hong Kong time. Language translations to English are provided by an automated service and may not be entirely accurate.