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Monday's headlines, Financials edition

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Monday's headlines, Financials edition

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

Japanto boost loans to Latin American nations for infrastructure development -Kyodo News
BlackRockJoins $46 Billion Japan Pullout - Bloomberg News
Allianz ‘bargain’sale highlights troubles in life insurance sector - The Korea Herald
BSPlikely to defer rate hike to Q4 - ThePhilippine Star   

GREATER CHINA

Bankof Tianjin hit by $121m fraud - FinancialTimes
Chinac.bank working paper: should gradually adjust bank reserve ratio - Reuters
FubonFinancial to raise NT$36 bil. through preferred stock sales - Central NewsAgency
Over30% of Bank of East Asia shareholders vote against stakes control - The Nikkei

JAPAN AND KOREA

Japanto take steps to curb yen's 'one-sided' gain if needed: Aso - Kyodo News
KB Financial,Hyundai Securities to ink takeover deal next week - Yonhap News Agency
Largecompanies' debt owed to savings banks exceeds 1 tln won - Yonhap NewsAgency

ASEAN

Malaysia's1MDB chief says fund to become shell company after rationalization -Reuters
MoFwholly owns 1MDB but has no control of the fund - The Edge Markets
MASseeking data from 40 banks in money laundering probe: report - The Business Times
ACB"actively" handling bad debts, says official - Viet Nam News

SOUTH ASIA

Bankslikely to cut interest rates in coming days: Official - The Times of India
IDBIstake sale: Govt to consult all stakeholders - Press Trust of India
Upagainst privatization, bank staff to strike work on May 25 - Press Trust ofIndia
ECasks RBI to give inputs over Rs 60,000 Cr money circulation - Press Trustof India
MasalaBonds can be new funding source for Indian cos: IFC - Press Trust of India
Banksdelay action against nearly 100 corrupt officers - Press Trust of India
Negotiatewith Mallya on dues, cut losses: Assocham to banks - Press Trust of India

AUSTRALIA AND NEWZEALAND

Laborbars any super-profits tax on big banks - The Australian
Australia'sWestpac Bank faces court in rate rigging probe – Agence France-Presse
Banksat risk of bad-debt blowout as Aussie steelmaker collapses - Bloomberg News

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.