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Tuesday's headlines, Financials edition

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Tuesday's headlines, Financials edition

External links to theheadlines below are available on SNL.com and SNL Mobile, although some mayrequire a subscription.

Chinaprobes North Korea bank suspected of nuclear link - South Korea paper –Reuters
NBP,Union Pay International INK (UPI) signs agreement – Associated Press ofPakistan
Bankof India sells 18% stake in insurance JV to partner Dai-ichi Life – PressTrust of India
CCIclears UK fund group CDC's investment in India Infoline Finance – Mint
AFGties up with US fintech to roll out SME lending platformThe Australian

GREATER CHINA

Chinaplans $52.5bn state-enterprise restructuring fund – Reuters
PBOCdrains most funds in six months amid debt curb speculation – Bloomberg News
Chinawarns over risky investment productsFinancialTimes
Alipayat 10 airportsShanghai Daily
Vistra,Permira among final bidders for $800 million unit of Bank of East Asia: sources– Reuters
MegaBank to set up centerTaipei Times
Taiwanto close markets, offices in Taipei as typhoon nears – Bloomberg News

JAPAN AND KOREA

Japan'sKuroda pledges to cut rates further if neededThe Nikkei
SinkingJGB yields testing BOJ's tolerance levelThe Nikkei
Nomination ofnew KRX CEO stirs 'parachute appointment' controversyThe Korea Herald
Nearly 2trillion won of illegal transactions found through financial intelligence:report – Yonhap News Agency
Bank holdingfirms' net plummets 16% on bad loans – Yonhap News Agency

ASEAN

Thailandmulls tightening of tax collection for Internet, tech firms – Reuters
Cautiouscommercial banks aim personal loans at employees of companies they knowThe Nation
InsurerViriyah plans mobile app next yearTheNation
Govtrolls out new supporting regulation for tax amnesty deadlinersJakarta Globe
Malaysianbanks brace for profit hits as O&G firms restructure debt – Reuters
S&Pmaintains risk assessment on Philippine banksThe Philippine Star
SecurityBank aims to sustain double-digit loan growth this yearBusiness World

SOUTH ASIA

RBImay pause this time, but rate cut likely in DecBusiness Standard
Bondmkt expects heavy RBI buyingBusinessStandard
VijayaBank to add 150 branches this fiscal: EDThe Hindu Business Line
Centresacks Bank of Maharashtra CMDTheHindu Business Line
BajajAllianz taps into telematics for car insuranceBusiness Standard
RBIapproach to bad loans likely to changeMint
BandhanBank now has fourth largest debit card base in pvt sectorBusiness Standard

AUSTRALIA AND NEW ZEALAND

Catastrophedeclared after NSW flooding, insurance costs set to rise – AmericanAssociation of Publishers
Westpac'sremoval of teller incentives welcomed by expertThe Australian Financial Review
PaulHowes blasts Labor's call for banking inquiryThe Australian
LaborMPs vow to reveal more 'unethical' behaviour by banksThe Australian Financial Review

The Daily Dose Asia-Pacific"Headlines" edition aggregates banking, financial services andinsurance headlines from the websites of a limited number of major Asian andAustralian publication titles and newswires, with an editorial deadline of 6a.m. Hong Kong time. Language translations to English are provided by anautomated service and may not be entirely accurate.