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Friday's headlines, Financials edition

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Friday's headlines, Financials edition

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

Citigroup Expands Asia Digital in Bid to Reach Affluent Clients - Bloomberg News
China Construction Bank lists $1.2b bond on Nasdaq Dubai - Xinhua News Agency
China dream still alive with ANZ hungry for institutional growth - The Australian
Bank of Taiwan to open offices in US, Philippines
- Taipei Times

GREATER CHINA

China can't fix its financial problems by debt cutting alone, economists say - South China Morning Post
China's Banks Brace for June Cash Squeeze as Funding Costs Jump - Bloomberg News
Bond Connect will help Hong Kong develop its own fixed income and derivatives market - South China Morning Post

JAPAN AND KOREA

Kuroda Says Japan Still a 'Long Way' From Meeting Inflation Goal - Bloomberg News
BOJ Is Said to Mull How to Communicate Eventual Stimulus Exit - Bloomberg News
Banks' loan delinquency rate edges up in April - Yonhap News Agency

ASEAN

Malaysian Ringgit to Rally to Eight-Month High, Top Banker Says - Bloomberg News
Insurance firms likely to sustain double-digit premium growth - BusinessWorld
SHB Cambodia permitted to increase chartered capital - Viet Nam News

SOUTH ASIA

RBI to leave rates unchanged in FY18: Nomura report - Press Trust of India
Modi government and central bank clash over interest rates - The Nikkei
RBI sets up committee to focus on bad loan resolution at banks - Mint
PSBs need four times more capital than govt allocation: Moody's - Business Standard
Gross direct premiums underwritten by non-life insurers up 16% - Business Standard
United Bank of India to cut NPAs by 10% every year - Business Standard
IDBI Bank sets up dept to manage bad loans - Press Trust of India
EBL looks to open branches in India - The Financial Express

AUSTRALIA AND NEW ZEALAND

Behave or you'll face tougher regulation, banks told - The Australian
Banks get chance to voice opposition to levy before Senate panel - The Australian
GST on financial services would raise much more than bank levy, economist says - The Australian
Big four banks fear $5bn industry compensation plan - The Australian

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.