In Focus
Renminbi-denominated deposits in Taiwan fall in June
                                                                                 
                    
                    	First monthly drop since OBU scheme began July 2011.
                
                                
            Renminbi-denominated deposits in Taiwan fall in June
                                                                                                                 
                            
                            	First monthly drop since OBU scheme began July 2011.
                        
                                                
                        
    
                    China is revamping troubled financial sector
                                                                                                 
                        
                        	Ten guidelines support transition to consumer-driven economy.
                    
                                        
                    
                Singapore's banking sector outlook revised downward
                                                                                                 
                        
                        	It’s the first downgrade since 2010.
                    
                                        
                    
                China to tame shadow banking using more policy tools
                                                                                                 
                        
                        	A liquidity squeeze is only one of these tools.
                    
                                        
                    
                China increases QFII investment quota
                                                                                                 
                        
                        	Now stands at US$150 billion.
                    
                                        
                    
                Three foreign banks could trade Chinese government bond futures
                                                                                                 
                        
                        	Will join 24 domestic banks in new bond program.
                    
                                        
                    
                Indian banks falling short of Basel III capital standards
                                                                                                 
                        
                        	Need to raise US$25 billion by March 2018.
                    
                                        
                    
                Will interbank rates in China remain stubbornly high in 2H13?
                                                                                                 
                        
                        Find out what BBVA, Barclays, and S&P have to say.
                    
                                        
                    
                Mizuho will boost overseas lending by 50%
                                                                                                 
                        
                        	Aims at Latin America and emerging Asia.
                    
                                        
                    
                Japanese bank lending jumps to highest level in four years
                                                                                                 
                        
                        	Outstanding loans rise 1.9% in June year-on-year.
                    
                                        
                    
                HSBC exiting retail banking in South Korea
                                                                                                 
                        
                        	The planned shutdown will eliminate 230 jobs.
                    
                                        
                    
                The US$1.6t global Islamic finance industry growing at a third of its potential
                                                                                                 
                        
                        	Absence of sukuk tax legislation in non-Muslim nations to blame.
                    
                                        
                    
                China clamps down harder on WMPs
                                                                                                 
                        
                        	Intends to increase transparency and reduce risk.
                    
                                        
                    
                Twenty six firms apply for new Indian baking licenses
                                                                                                 
                        
                        	New licenses to be granted by March 2014.
                    
                                        
                    
                Singapore banks' loan to deposit ratio rose to 99.8%
                                                                                                 
                        
                        	It's another record high since 1999.
                    
                                        
                    
                Vietnamese banks reluctant to participate in government's US$1.43b loan program
                                                                                                 
                        
                        	They fear vague lending regulations.
                    
                                        
                    
                Some ICBC and BOC branches refuse to lend
                                                                                                 
                        
                        	Unable to meet loan-to-deposit requirements.