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Friday's headlines, Financials edition

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Friday's headlines, Financials edition

External links to the headlines below are available on SNL.com and SNL Mobile, although some may require a subscription.

HDFC buys 15% stake in Tanzania's First Housing Finance Company - Press Trust of India
ADB exploring new economic corridors in Pakistan - The News International
Deutsche Bank Plans Asia Wealth Expansion With 50 New Hires - Bloomberg News

GREATER CHINA

Chinese companies hit by credit squeeze as corporate debt costs surge - South China Morning Post
Shanghai tightens grip of online lenders as scams increase - South China Morning Post
Approved mortgage loans slip 13.6% to $31.9b in April - Hong Kong Business

JAPAN AND KOREA

BOJ's balance sheet almost as big as Japanese economy - The Nikkei
Tokio Marine tie-up seen bolstering cybersecurity insurance - The Nikkei
Korea to sell W7.7tr state bonds in June - Yonhap News Agency
Banks' Q1 capital ratio improves on reduced risky assets - Yonhap News Agency

ASEAN

Malaysia slowly winning battle against forex speculators - Reuters
DBS goes all out to woo millennials - The Business Times
Bank of Singapore to Keep Hiring in Hunt for Growth, CEO Says- Bloomberg News
Moody's retains 6.5% Philippine growth forecast - The Philippine Star

SOUTH ASIA

Claim settlement for ECGC down 21% at Rs 885 cr in FY17 - Business Standard
CBI conducts searches in Delhi NCR in Corporation Bank case - Press Trust of India
Citi appoints Shinjini Kumar as Head of Consumer Banking, India - The Hindu Business Line
Government will have to take strategic decision on PSU banks: Uday Kotak - The Economic Times
Bank of India to focus on one-time settlement to recover bad loans - The Economic Times
SECP proposes new modaraba law - The News International

AUSTRALIA AND NEW ZEALAND

ANZ sees chance to exit AmBank in AMMB-RHB merger - The Australian
Offshore bank investors fret about housing, says ANZ chief - The Australian Financial Review
Suncorp still considering future of life insurance division - The Australia Financial Review
Redundancies loom in Hunter Hall takeover - The Australian
Major Australian partnership could hit brokers - 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.