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Wednesday's headlines, Financials edition

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Wednesday'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 Mutual Fund Closures Hit Record on Shadow Banking Purge - Bloomberg News
FSC tightens regulations on beneficiary disclosures - Taipei Times

JAPAN AND KOREA

Japan's central bank to warn of rising growth risks, policy seen steady - The Business Times
Financial groups to focus on risk management amid downturn - The Korea Times
KDB backs GM Korea's spinoff plan - The Korea Times

ASEAN

Proposed merger of TMB and Thanachart goes to Finance - The Nation
Globe secures P5-b loan from China Bank for capital spending - Manila Standard
UnionBank's CitySavings, Union Properties seal purchase of majority stake in PETNET - BusinessWorld
Slim chance of window dressing on Bursa next week - The Sun Daily
PNB and Maybank in digital tie-up, expect ASNB investments to rise 20% next year - The Sun Daily
Vietcombank and American Express launch Premium Unlimited Cashback Card - Viet Nam News

SOUTH ASIA

With merger complete, IDFC First Bank commences business on Wednesday - Business Standard
YES Bank sells 2.13% stake in Fortis Healthcare, stock falls over 1% - Business Standard
Yes Bank recommends name of Brahm Dutt for post of Chairman: Sources - Press Trust of India
Banks Board Bureau seeks application for post of Canara Bank MD - Press Trust of India
Carlyle seeks to double holding in PNB Housing, gain controlling stake - Business Standard

AUSTRALIA AND NEW ZEALAND

ACCC calls for insurance reforms in northern Australia - Insurance Business
NAB to face record backlash on pay - The Sydney Morning Herald
RBA implores banks to not over-squeeze credit supply - The Australian
RBNZ chief economist McDermott leaving central bank - BusinessDesk
Reserve Bank aims for best regulatory relationships - Scoop

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.