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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.

Mizuho Seeking $100 Billion From Overseas Transaction Banking - Bloomberg News
Thailand's Kasikornbank, IBM develop blockchain-based Letter of Guarantee network - EconoTimes
Abu Dhabi gives Malaysia 1MDB new extension for missed $600 million payment - Reuters

GREATER CHINA

China banking regulator says property loan risks under control - Reuters
China central bank chief economist to leave, switch to academic role: sources - Reuters
FSC relents on multiple penalties on banks - Taipei Times

JAPAN AND KOREA

SMFG, Yahoo Japan forming big data fintech venture - The Nikkei
Banks' net profit rises 171% - The Korea Herald
Punishment to be toughened for financial firms over false disclosure - Yonhap News Agency
P2P financing industry to absorb investors' demands - The Korea Herald

ASEAN

Malaysia Forex Probe May Lead to Prosecution of Former Prime Minister - The Wall Street Journal
MoF has never given public money to 1MDB to settle debt - Johari - Bernama
Khairul promoted to BIMB Holdings CEO - The Star
Hong Leong Finance net profit up 89% in Q2 - The Straits Times
Vietnam launches derivatives market to boost liquidity - Reuters
Central bank issues bills worth $1.27b - Viet Nam News
PSBank bottom line up 1.7% - The Philippine Star

SOUTH ASIA

RBI has asked banks to go for periodic vulnerability test: Government - Press Trust of India
PNB puts 9 large stressed accounts under insolvency and bankruptcy resolution - Press Trust of India
Axis Bank cuts interest rate on savings bank account - Press Trust of India
HDFC Bank says will step up corporate lending - Press Trust of India
Electronic payments in August rise in volume but dip in value - Business Standard

AUSTRALIA AND NEW ZEALAND

Westpac, ANZ linked to money laundering rings in Commonwealth Bank case - The Australian Financial Review
Scott Morrison warns Commonwealth Bank over money laundering scandal - The Australian Financial Review
CBA urged to go further than bonus cuts over laundering scandal - The Sydney Morning Herald
Australia set to see 'exponential growth' in insurtech spend - Insurance Business
Upbeat IOOF on hunt for deals as inflows surge - 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.