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Thursday's headlines, Financials edition

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Thursday's headlines, Financials edition

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

GREATER CHINA

Former Huarong Investment Chairman Charged With Corruption - Caixin
Bridgewater's Ray Dalio says investors should still bet on China despite trade war - South China Morning Post
China's economy faces currency devaluation drag - Financial Times
Hong Kong's finance chief says record currency reserves give it enough fire power to ward off any attack on currency, recession possible - South China Morning Post
E.Sun Financial net profit surges on net fee income - Taipei Times

JAPAN AND KOREA

Japan to allow first export of materials to South Korea since curbs - The Nikkei
S. Korea to launch M&A consultative body in response to Japan's export curbs - The Korea Herald
Authorities vow to stabilize market amid volatility - The Korea Herald
Korea's fiscal soundness deteriorating fast - The Korea Times
Think tanks in banking groups play key roles - The Korea Times

ASEAN

HSBC S'pore rolls out global mortgage, debuting in Australia - The Straits Times
MAS launches Sandbox Express for faster market testing of innovative financial services - The Straits Times
Singapore's 'Big 3' banks rake in record 1st-half profits - The Nikkei
CIMB-Takaful partnership aims for RM168m - The Sun Daily
RCBC confident of double digit profit growth this year - The Philippine Star
Cambodia's "reckless" microfinance industry puts economy at risk - The Nikkei
Thai insurer offers world's first auto coverage to start and stop with engine - The Nikkei
Traders Saw the Thailand Rate Cut That Surprised Economists - Bloomberg News

SOUTH ASIA

RBI moves unlikely to ease pain for India's struggling shadow banks - Reuters
Risk weight for consumer loans reduced - Mint
Mutual funds can be part of inter-creditor agreement, clarifies RBI - Business Standard
SBI Life Insurance, Indian Bank ink Bancassurance pact - The Hindu Business Line
Pakistan Suspends Trade With India, Downgrades Diplomatic Ties - Bloomberg News

AUSTRALIA AND NEW ZEALAND

AMP could make 'bold' statement on financial advice - The Sydney Morning Herald
AMP to raise capital for wealth shake-up - The Australian Financial Review
RBA's Lowe faces grilling over cheap money - The Australian Financial Review
Suncorp admits defeat in effort to ape Amazon - The Australian Financial Review
Kiwi banks slash mortgage and savings rates as OCR cut to record low - TVNZ
ANZ: Rate cut will hurt savers more than it helps homeowners - The New Zealand Herald
ASB ramps up compliance and risk staff numbers - The New Zealand Herald

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 5:30 a.m. Hong Kong time. Language translations to English are provided by an automated service and may not be entirely accurate.