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Monday's headlines, Financials edition

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Monday's headlines, Financials edition

Links are current as of publication time, and we are not responsible if those links are unavailable later.

GREATER CHINA

Chinese banks in push to spin-off asset management units - South China Morning Post
China to Roll Out Financial Holding Company Regulations Later This Year - Caixin
China clarifies rules for insurance funds to invest in long-term home rentals - Xinhua News Agency
China scales back investment in Ethiopia - Financial Times

JAPAN AND KOREA

Japan's Institutional Investors Seek Reliable Returns in Hedge Funds - Wall Street Journal
Govt. to tighten reporting rules on financial transactions - Yonhap News Agency
S. Korean economy showing some signs of slowdown despite steady growth - Yonhap News Agency
Credit loans top 100 tln won in May - Yonhap News Agency

ASEAN

Reduction in reserve requirement boosts demand for Retail TBs - The Philippine Star
BSP lowers TDF volume for retail bond issuance - BusinessWorld
Takaful Malaysia converts its composite licence into single licences - The Star
Prudential Vietnam increases charter capital - Viet Nam News

SOUTH ASIA

State Bank of India to modify rules for startup investments - Press Trust of India
9 PSU banks under Prompt Corrective Action submit recovery plan to government - Press Trust of India
Public sector banks step up filing of cases against NPA accounts - Mint
PNB pins hope on asset sale, IBC resolution to raise Rs13,000 crore - Press Trust of India
TMBL to open Islamic microfinance window as part of expansion plan - The News International

AUSTRALIA AND NEW ZEALAND

Westpac may wind up its Ascalon funds management unit - The Australian
Westpac lost files of hundreds of clients, whistleblowers say - The Guardian
JPMorgan said to have been granted immunity in relation to ANZ cartel conduct case - The Australian
ANZ case 'to change bookbuilds' - 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.