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Wednesday's headlines, Financials edition

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Wednesday's headlines, Financials edition

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

GREATER CHINA

UPDATE 2-China's economy cools further, investment growth at record low - Reuters
Big losses hit Chinese markets - Shanghai Daily
Banks extend US$211b in net new yuan loans - Shanghai Daily

JAPAN AND KOREA

Bank of Japan's split message continues to puzzle market - The Nikkei
Financial firms rush to Southeast Asia - The Korea Times

ASEAN

PIRA optimistic on microinsurance sector - BusinessWorld
EastWest Bank profit shrinks 11% to P2.2 B in H1 - The Philippine Star
Citibank Obtains 19 Percent Lending Growth in First Half 2018 - Netralnews
Fitch affirms Malaysia at A- - The Sun Daily
Private banks raise interest rates to attract depositors - Viet Nam News
ACB gets nod to increase charter capital to over $548 million - Viet Nam News
Insurance premiums surge nearly 31% in 7 months - Viet Nam News

SOUTH ASIA

India's Cosmos Bank loses $13.5 mln in cyber attack - Reuters
Allahabad Bank posts Q1 net loss of Rs 19.44 bn due to high provisioning - Business Standard
New norms notified for ATM cash loading - The Economic Times
IDBI Bank posts Rs 24.10 bn loss in Q1, hurt by higher provisioning of NPAs - Press Trust of India
IDBI hikes marginal cost of funds based lending rate by up to 0.10% - Press Trust of India
StanChart launches new home loan product - The Daily Star

AUSTRALIA AND NEW ZEALAND

Suncorp forced to admit super fees neither transparent nor low - Insurance Business
Premium hikes show Tower is 'disinclined' to insure high-risk areas - Insurance Business
Banking Code of Practice offers small business a safeguard - The Sydney Morning Herald
APRA seeks a brighter spotlight on banks' capital strength - 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.