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Wednesday's headlines, Financials edition

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Wednesday's headlines, Financials edition

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Global remittance startups rush into Asia counting on deregulation - The Nikkei

GREATER CHINA

China scraps QFII and RQFII investments quota to allow unrestricted access to world's second-largest capital market - South China Morning Post
China to become more selective in supporting distressed banks, say Moody's and Fitch - South China Morning Post
China Local Government Financing Vehicle Opts to Skip Call Option on Yuan Bond - Bloomberg News
China Readies for Digital Currency Launch - Caixin
ICBC's debut GBA green bond shows regional aspirations - FinanceAsia
Hong Kong unveils plans to repair damage inflicted by protests on its image as a financial hub - South China Morning Post
FSC clarifies virtual bank board rules - Taipei Times

JAPAN AND KOREA

Korean brokerages see record-high H1 net profit - The Korea Herald
KDB-Eximbank merger needed for better policy financing: KDB chief - The Korea Herald
Korea's internet banking transactions surge to record high in 2018
- Yonhap News Agency
'Language barrier' bars expats from buying life insurance - The Korea Times
Tax agency inspects Korea Investment and Securities - The Korea Times
Banks face stronger headwinds - The Korea Times

ASEAN

Maybank to boost franchises in Greater China, Philippines, Cambodia - Philippine Daily Inquirer
New digital trading platform to be made part of national agenda - The Nation Thailand
OCBC's new voice-activated service on its mobile app can understand some Singlish - The Straits Times
FDI net inflow nearly halved in June - BusinessWorld

SOUTH ASIA

Independent Financial Advisors blame MFs for the mess in debt schemes: Survey - The Hindu Business Line
Aptus raises Rs 880 cr from Steadview Capital, Sequoia, Malabar Investments - Business Standard
IL&FS gets 14 bids worth Rs 13,000 cr for 10 domestic road assets - Press Trust of India
Paytm inches closer to buying stake in Yes Bank - Indo-Asian News Service
Goldman Sachs sacks India V-P for Rs 38 cr fraud - Indo-Asian News Service
RBI external benchmark for bank loans credit negative: Moody's - Indo-Asian News Service
SBI, Bank of Baroda to laterally hire 500 people - Mint
State Bank of India slashes rates for the fifth time this fiscal - Mint

AUSTRALIA AND NEW ZEALAND

Beefed up ASIC to pursue Westpac over steaks and shiraz - The Australian Financial Review
IAG and SAP Ariba launch diversity marketplace - Insurance Business Australia
How AI is dispatching NAB customer complaints - The Australian Financial Review
NAB, ANZ bankroll Macquarie-led bid for Landgate - The Australian Financial Review
NZ banks lock in cheap funding through bond feeding frenzy - The New Zealand Herald
City council struggles to find full coverage for underinsured infrastructure - Insurance Business NZ

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.