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Wednesday's headlines, Financials edition

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Wednesday's headlines, Financials edition

External links to the headlines below are available on SNL.com and SNL Mobile, although some may require a subscription.

China's Minsheng takes on U.S. funds in bidding for Novo Banco - Reuters
Japan's Bank of Tokyo-Mitsubishi to open branch in Saudi Arabia - Reuters
ADB trims growth forecast for Asia due to slowdown in India - Associated Press
Asia Pacific banks face worsening asset quality and profitability in 2017, says Moody's - The Edge Markets

GREATER CHINA

Insurers should invest for the long term, avoid speculative punts, Chinese regulator says - South China Morning Post
BRIEF-China Taiping Insurance says Jan To Nov premium income for Taiping Life Insurance RMB87.32 bln - Reuters
Regulators lose patience with 'barbarian' insurers - FT Confidential Research

IPOs jump in second half - Shanghai Daily
Hong Kong borrowing costs surge to near 8-year high with Fed rate increase almost certain - South China Morning Post

JAPAN AND KOREA

Bank of Japan to extend lending facilities expiring in March: sources - Reuters
Bilateral 'debt-equity swap' set to weaken yen, lift Japan stocks - The Nikkei
Market expectations ebb for additional BOJ easing - The Nikkei
FSS to intervene in banks' spread calculating system - The Korea Herald
Banks' decision on merit-based system prompts backlash - The Korea Herald
Korean shares open lower ahead of rate decisions - Yonhap News Agency

ASEAN

Philippines bank says no role in heist, Bangladesh Bank responsible - Reuters
Bourse aligns with regional peers - The Philippine Star
Retailers, Cardholders Need To Switch To Pin-enabled Terminal, Card Soonest - Bernama
Indonesia c.bank seen holding key rate at last 2016 meeting - Reuters
SE Asian stocks choppy ahead of Fed; Singapore snaps three days of falls - Reuters

SOUTH ASIA

IT minister meets banks, asks them to popularise digital transactions - The Economic Times
India arrests central bank official over cash scam - Agence France-Presse
Banks asked to do central data checking: RBI on laundering - Press Trust of India
Banks received Rs12.44 trillion worth old notes as deposits: RBI - Mint
Yes Bank, Grofers tie up to deliver cash at doorstep - Press Trust of India

AUSTRALIA AND NEW ZEALAND

Perpetual taps former ASIC head as next chair - The Australian Financial Review
Commonwealth Bank is last of big four banks to raise investor rates - The Australian
Australian Banks Keep Truth From Kiwisaver Customers - Scoop Media
Confidence in banks firm but challenges remain - Scoop Media

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.