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Friday's headlines, Financials edition

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Friday's headlines, Financials edition

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

GREATER CHINA

Bank of China, China Construction Bank get wealth management units in shake up of US$4.3 trillion industry - South China Morning Post
China's central bank pledges prudent monetary policy and 'basically stable' yuan - South China Morning Post
FSC raises ceiling on offshore funds' Chinese holdings - Taipei Times
Velotrade launches Hong Kong's first account receivables financing platform - Asia Asset Management

JAPAN AND KOREA

Nomura CEO Signals More Job Cuts in Europe to Reverse Losses - Bloomberg News
Small firms face tougher punishment over accounting irregularities - Yonhap News Agency
KB Kookmin Bank workers to launch strike next month - Yonhap News Agency

ASEAN

Digital shift sees banks reboot services - The Nation
Zurich Takaful CEO to step down on Jan 13 - The Sun Daily
Malaysia fund manager PNB's assets up 6.8% in January-November - Asia Asset Management
Singapore, Malaysia shares rise on US stocks rally - The Nikkei
SHS to sell nearly 102 million shares to raise capital - Viet Nam News

SOUTH ASIA

Government infuses Rs 2159 cr in United Bank of India - Press Trust of India
Kerala Gramin Bank calls off 10-day strike - The Hindu Business Line
Depositors of City Co-op Bank allowed to withdraw up to Rs 5,000 from accounts - The Hindu Business Line
Satin Creditcare to create separate subsidiary for SME business: CMD - The Hindu Business Line
Banks' capital rises, but artificially - The Daily Star

AUSTRALIA AND NEW ZEALAND

Investment mandate set for small-business fund - The Australian
Banks get busy on customer payouts - The Australian
APRA warns superannuation funds over low targets - The Australian

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.