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Thursday's headlines, Financials edition

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Thursday's headlines, Financials edition

External links to theheadlines below are available on SNL.com and SNL Mobile, although some mayrequire a subscription.

Chinese firms lineup for Korean insurer ING LifeThe KoreaHerald
Philippinetrade 'not affected by dispute'ChinaDaily
Japan'sDai-ichi Life to open office in CambodiaThe Nikkei
SBI,Brookfield to launch stressed asset management fundMint
CDCinvests Rs 1,000 crore in India Infoline FinanceBusiness Standard
BSPpushes cross-border cyberwatch in AseanThe Philippine Star

GREATER CHINA

BRICSbank to promote economic cooperationShanghaiDaily
ChineseYuan might hold steady for year: JPMorganTaipei Times
HongKong stocks tick higher, on fresh stimulus hopesSouth China Morning Post
HongKong Mortgage Corp keen to encourage more SME loansSouth China Morning Post
Visaonboard for Apple Pay's Hong Kong debutFinextra
Taiwanesebanks' profits to slump 6.13%: Moody'sTaipei Times

JAPAN AND KOREA

Investorsdoubt more BOJ easing will weaken yen muchThe Nikkei
FormerBOJ Official says Bank of Japan should 'end lies' – Bloomberg News
Seoul stocksdown for 2nd day on IMF outlook cut – Yonhap News Agency
FSC seeks toaddress foreign financial firms' concernsThe Korea Herald
KiwoomSecurities to acquire TS BankTheKorea Herald

ASEAN

Thailand'sSCB Q2 net profit down, but beats forecasts – Reuters
Indonesiacentral bank seen cutting key rate again to try to spur growthJakarta Globe
Indonesiatax amnesty could be win-win for government's bonds – Reuters
Bank Muamalat targets onemillion customers with debit card launchThe Sun
Zurich, BP Healthcareintroduce comprehensive personal accident insurance – Bernama
Regulatoryframework for fintech in final quarter, says BNM –Bernama
BSPhikes term deposit auction to P70 BThePhilippine Star

SOUTH ASIA

Bankrecapitalization stares at Semi hurdlesBusiness Standard
Govtinfusion in banks still short, say Icra & FitchBusiness Standard
Wilfuldefaulters owe banks Rs 58,792 crore, says AIBEA – Press Trust of India
Smallfinance bank hopefuls queue up for final approvalBusiness Standard
Axiscuts base rate by 10 bpsBusinessStandard
Edelweissplans to set up stressed asset fundMint
Microloan interest rates down on lower cost of fundsBusiness Standard

AUSTRALIA AND NEW ZEALAND

FSCchairman Geoff Lloyd urges simpler super systemThe Australian
Banksdefend ASIC's rate rigging charges as reform loomsThe Australian
Financialsector can't afford more delays, reviews on reformsThe Australian
APRA'sHelen Rowell says super failing on members' insuranceThe Australian Financial Review

The Daily Dose Asia-Pacific"Headlines" edition aggregates banking, financial services andinsurance headlines from the websites of a limited number of major Asian andAustralian publication titles and newswires, with an editorial deadline of 6a.m. Hong Kong time. Language translations to English are provided by anautomated service and may not be entirely accurate.