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Thursday's headlines, Financials edition

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Thursday's headlines, Financials edition

GREATER CHINA

China eyes major expansion of its 'too-big-to-fail' rules - South China Morning Post
China Finance Ministry Sells Dim Sum Bonds at Same Cost as July - Bloomberg News
Financial groups see rise in profit, slowed growth - Taipei Times
Hong Kong markets watchdog to sue 60 companies and individuals for corporate fraud in first half of 2019 - South China Morning Post
CFA Institute urges safeguards for ordinary investors in Hong Kong companies with dual-class share structure - South China Morning Post

JAPAN AND KOREA

Masayoshi Son's SoftBank is said to consider taking a majority stake in co-working start-up WeWork - South China Morning Post
P2P lender 8Percent receives W6b investment - The Korea Herald
Financial firms eye REIT business - The Korea Times
S. Korea mulls probe into alleged tax evasion by global tech firms: ICT minister - Yonhap News Agency
(LEAD) S. Korea to set framework for 'regulatory sandbox' - Yonhap News Agency

ASEAN

RCBC offers basic accounts - BusinessWorld
UnionBank's IOC to boost lender - BusinessWorld
Banks actively tap rediscount loans, availments reach record P30.6 billion - The Philippine Star
Singapore Will Help Crypto Firms Set Up Local Bank Accounts - Bloomberg News
MAS prohibition orders against two finance professionals varied on appeal to minister - The Straits Times
Espenilla gets B+ grade in Global Finance card - Manila Bulletin

SOUTH ASIA

Bandhan Bank Q2 net up 47% to Rs 4.8 bn; net interest income rises 55.6% - Business Standard
RBI board gets two new directors - The Hindu
₹1-lakh fine imposed on bank officials for missing cheque leaf - The Hindu
IRDAI in favour of 100% FDI for entire insurance intermediary sector - Press Trust of India
After RBI nod, Kerala Bank to be established in 6 months, says minister - Business Standard

AUSTRALIA AND NEW ZEALAND

Australian banking heads face parliamentary grilling over misconduct - Reuters
Colonial First pays CBA $300m dividend as Slater & Gordon hits bank with class action - The Australian
Independent expert warns CBA not to repeat past mistakes - The Australian
Commonwealth Bank plots $1b hybrid issue as banks assess law changes - 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 6 a.m. Hong Kong time. Language translations to English are provided by an automated service and may not be entirely accurate.