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Tuesday's headlines, Financials edition

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Tuesday's headlines, Financials edition

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

GREATER CHINA

Q&A: Central Bank Deputy Says Defaults Are Good for China's Bond Market - Caixin
PBOC resumes open market operations after 14-day suspension - Xinhua News Agency
China's PBOC Says Its Own Cryptocurrency Is 'Close' to Release - Bloomberg News
China bank lending below expected level in July, as trade war hits credit demand - South China Morning Post
Fubon Financial Holding sees net profit soar 28% - Taipei Times

JAPAN AND KOREA

Japan's love of foreign insurance, a yen headwind, set to wane - Reuters
Banks rake in hefty interest income in 1st half - Yonhap News Agency
Regulator to speed up approval process - The Korea Times
Embracing failure vital to foster fintech growth - The Korea Times
AIG Korea expands 'M&A insurance' business - The Korea Times

ASEAN

Banks hope to strike gold with wealth-management products - The Jakarta Post
Earnings estimate for Bank Islam lowered - Sun Daily
Agribank to issue $215m worth of bonds - Viet Nam News
Deutsche Bank commits to Philippines for long term, says new head - The Philippine Star
OF Bank to go digital by 2020 - The Philippine Star
Financial sector invests $500 million yearly for anti-money laundering compliance - The Philippine Star
TIC eyes B2.3bn in premiums - Bangkok Post

SOUTH ASIA

Kotak Special Situations Fund gets $1-billion investment commitment - The Hindu Business Line
Paytm surges in BFSI payments with 70% market share - Indo-Asian News Service
HDFC Bank mulls doubling credit card user base to 25 million this fiscal - The Economic Times
Aadhaar-enabled payments boom: Over 22 crore transactions done so far; 6.6 crore in July alone - Financial Express
Bank of Baroda launches loans linked to repo rate - Financial Express
Syndicate Bank expects Rs 4,000 crore from NPA recovery in FY20 - Press Trust of India
Q1 results: Muthoot Finance net profit up 9 per cent - Press Trust of India
Catholic Syrian Bank files draft papers for IPO with SEBI - Press Trust of India

AUSTRALIA AND NEW ZEALAND

New Zealand legalises salaries paid in cryptocurrencies - Financial Times
Former TAL boss appointed as CEO of Zurich's life and investments business - Insurance Business Australia
Loan demand picking up, says Bendigo Bank - The Sydney Morning Herald
Bank of Queensland breaks ranks with 'big four' on lending rule changes - The Sydney Morning Herald
Banks 'infected by risk-aversion', warns ANZ chief - The Sydney Morning Herald
CBA wants guidance around loan scrutiny - The Australian
Bendigo Bank eyes job cuts, branch closures - The Australian Financial Review
Gold Coaster's payday lender taken to NZ court - The Australian Financial Review

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.