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Monday's headlines, Financials edition

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Monday's headlines, Financials edition

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GREATER CHINA

China to scrap limits on foreign holdings in banks, asset management companies - Xinhua News Agency
Russia and China set up yuan fund for joint investments - Reuters
China, Kazakhstan sign MOU on financial agreement - China Daily
CBIRC, SFC to boost supervision of cross-boundary regulated entities - Xinhua News Agency
CBN issues guidelines for China-Nigeria currency swap deal - Premium Times Nigeria

JAPAN AND KOREA

Financial authorities to tighten anti-money laundering rules - Yonhap News Agency
KB Kookmin Bank to launch fast overseas fund transfer service this week - Yonhap News Agency
Kakao Bank to launch chatbot to upgrade unmanned customer service - The Korea Herald

ASEAN

Malaysia considering seeking return of Goldman Sachs' 1MDB fees - Reuters
SEC releases crypto details - Bangkok Post
BSP names new member of policy-making board - The Philippine Star
BSP exec downplays rate hike calls - BusinessWorld
Big banks' NPLs inch up in April as lending surges - BusinessWorld
Robinsons Bank plans P5-B LTNCD issuance - The Philippine Star
Vietnamese banks to raise charter capital from retained earnings - VnExpress International

SOUTH ASIA

India mulls company to deal with banks' stressed assets - Reuters
RBI seeks update on payments data storage every fortnight - Press Trust of India
PSU banks suffer whopping Rs 87,000 crore loss in FY18 - Press Trust of India
Punjab National Bank to sell stake in housing finance firm, other units - Press Trust of India
South African police raid Bank of Baroda in corruption investigation - Reuters

ICICI Bank, Chanda Kochhar face US regulatory probe; Indian agencies may seek foreign help - Press Trust of India
SBI expects Rs 30,000 crore recovery from resolution under IBC - Press Trust of India
India Post Payments Bank launch likely this month; RBI may give nod soon - Business Standard
JV banks can borrow from Indian partners - The Himalayan Times
Doha Bank to bring more Qatari investments to Sri Lanka - ColomboPage

AUSTRALIA AND NEW ZEALAND

Dai-ichi leads race to buy Suncorp life insurance business - The Australian
AMP Capital appoints new chair - Financial Standard
Shelved Prospa float hits finance listings - The Australian
NAB's loans without guarantees driving growth, says exec - The Sydney Morning Herald
Tower HY18 results hit by bad weather - Insurance Business

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.