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Friday's headlines, Financials edition

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Friday's headlines, Financials edition

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Legal and General Raids U.K. Rival - finews.asia

GREATER CHINA

China's Lufax targets $2 billion in fresh funding amid IPO delay - sources - Reuters
China to push opening-up in capital markets - Xinhua News Agency
China's CSRC says foreign holding of yuan assets explains currency strength - Reuters
China's asset managers brace for 'winter' amid tightened rules on fundraising in yuan - South China Morning Post
DBS Taiwan launches a credit card for travelers - Taipei Times

JAPAN AND KOREA

BOJ Is Drifting Further From the Global Pack - Bloomberg News
Japan Post Insurance to buy emerging market bonds if U.S. rates spark selloff - Reuters
Goldman Sachs faces fine for alleged naked shorting - The Korea Times

ASEAN

Malaysia to seek return of 1MDB money from banks, political parties - Reuters
Thai c.bank allows securities firms to trade FX for clients - Reuters
BNP Paribas Securities Services appoints new Singapore head - The Straits Times
Ex-personal banker jailed for cheating and forgery that resulted in $500,000 losses for clients - The Straits Times
BPI eyes $2 billion from offshore debt market - The Philippine Star
BoP, current account pressures persist - BusinessWorld

SOUTH ASIA

Hinduja Leyland Finance files prospectus for IPO - The Hindu
Nomura Says Intervention Can Snap India Bonds' Vicious Cycle
- Bloomberg News
Private sector banks to wean away share from PSU lenders: Kotak Mahindra - The Economic Times
Bajaj Allianz to focus on affluent customers with health, pension products - The Hindu Business Line
State banks sit with most default loans - The Daily Star
Pakistan Stock Exchange closes before Eid on positive note - Dawn

AUSTRALIA AND NEW ZEALAND

Australian bank ANZ says to cut at least 60 markets jobs - Reuters
Share scandal: investment bankers keenly await legal process - The Australian
Big banks back on top stock pickers' radars - 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.