Swiss authorities monitor banks and insurers following the SVB bankruptcy.

Following the failures of Silicon Valley Bank and Signature Bank, the Swiss financial regulator FINMA announced on Monday that it would identify any potential contagion risks for the nation's banks and insurers.

Investors were unconvinced by the U.S. government's efforts to reas...

France drops case against Facebook over 'cookies'

On Thursday, French privacy regulators announced they were closing their investigation into Facebook, finding that the US internet giant has altered its data collection practices to be in line with French law. In December of 2016, the French regulator CNIL fined Facebook 60 million euros (about $...

The data tying glyphosate to rodent tumours has been disregarded by EU regulators

Environmental campaigners claim that the European Chemical Agency's favourable assessment of the substance's continued sale is faulty.

According to a new analysis by environmental groups, EU regulators overlooked significant scientific evidence tying glyphosate to rodent tumours...

Chinese regulators fine tech giants over anti-monopoly violations

Chinese tech giants Alibaba Group and Tencent Holdings were fined as they failed to report corporate acquisitions. The State Administration for Market Regulation said that the companies have failed to report 43 acquisitions, occurred around eight years ago under rules on "operating concentra...

Tencent is affected by China’s Gaming Crackdown, witness slow profit growth

Tencent Chinese gaming and social media giant has posted its quarterly profit growth. This is the company’s slowest quarterly profit growth in two years. China's largest company was hit by the new rules by the Chinese regulators, regarding the amount of time minors spend on gaming.

China's Singles' Day shopping festival tonned down this year

China's biggest online shopping day also known as "Singles' Day" has been tonned down this year as President Xi Jinping pushes for common prosperity and Chinese regulators are cracking down on the technology industry.

Highlights

• China...

Credit Suisse planning to accelerate expansion in China

Credit Suisse Group AG, is a Swiss investment bank which is now planning to expand its team in China. The bank hopes to expand its team by three items within the next five years.

Highlights

•          Credit Su...

U.S. regulators order Chinese telecom carrier out of US market

U.S. regulators are expelling a unit of China Telecom Ltd, from the American market due to the national security threat because of rising tensions with Beijing.

Highlights

• U.S. regulators expel China Telecom Ltd, from the American market
• Thi...

Razorpay to launches ‘TokenHQ’, a multi-network tokenization solution

Financial solutions company Razorpay announced the launch of 'TokenHQ'. This is secure multi-network Card-on-File tokenization solution to secure customers financial data. This has been developed in line with the recently-issued guidelines by the RBI.

Highlights...

Australian health regulator gives approval to Lincoln Pharma for Gujarat plant

Highlights

• Lincoln Pharmaceuticals receives TGA and EU approval
• The company will now be marketing its products to 27 member countries

A Gujarat-based manufacturing facility, Lincoln Pharmaceuticals has received approval from Aus...

Guillain Barre syndrome listed as a side effect of AstraZeneca’s Covid-19 vaccine

Highlights

•  EMA has listed Guillain Barre Syndrome as a side effect of                    the Covid-19 vaccine by AstraZeneca

• GBS is a very rare side effect, which causes difficulty...

AUSTRALIA: DRUG REGULATOR MIGHT REFER ANTI-VACCINATION POSTS ON FACEBOOK TO FEDERAL POLICE

Highlights:

• The drug regulator of Australia might refer the anti-vaccination posts on Facebook to the federal police
• The figures used in the posts are the number of the people that died after receiving the covid-19 vaccine

The drug r...

EX-IRDAI CHAIRMAN SEES SCOPE OF INDIAN INSURANCE SECTOR TRANSFORMATION

HIGHLIGHTS

• Former IRDAI Chairman Subhash Chandra Khuntia believes that Indian insurance sector on the cusp of a transformation.
• Mr. Khuntia believes that demography of India, relatively low insurance penetration, and the potential for high economic gr...

HRT THERAPY OF THERAPEUTICSMD AND THERAMEX GAIN UK AND BELGIUM APPROVAL

HIGHLIGHTS

• HRT Therapy of TherapeuticsMD and Theramex has gained approval in Belgium and UK.
• The new therapy called BIJUVA which is carried out through capsules called BIJUVE is the first and only oral therapy that combines HRT with bio-identical horm...

CBIRC ASKS CHINESE BANKS NOT TO WITHHOLD LOANS TO HUARONG

Highlights –

• CBIRC asks Chinese banks not to withhold loans to Huarong.
• Huarong is reportedly one of China's four biggest distressed asset management companies.
• Huarong and its subsidiaries reportedly have outstanding offshore bon...

ALIBABA EXPECTS NO MATERIAL IMPACT AFTER BEING FINED $2.75 BILLION

Highlights –

• Alibaba expects no material impact after being fined $2.75 billion.
• Alibaba was fined by China’s antitrust regulator for abusing market dominance.
• Alibaba Group Holdings Ltd shares rose as much as 9% in Hong Kong tr...

TRAI SECRETARY BATS FOR INDIA PLAYING DECISIVE ROLE IN 5G ERA

HIGHLIGHTS

• TRAI secretary S.K Gupta is confident about India playing a significant role in 5G Era.
• Gupta highlighted about India having 1.2 billion telephone subscribers, 1 billion Aadhaar card holders, and 800 million internet subscribers.

UK REGULATOR BATS FOR ASTRAZENECA COVID-19 VACCINE

HIGHLIGHTS

• Many European countries have stopped using Astrazeneca vaccine for COVID-19.
• UK regulator MHRA insists that Astrazeneca vaccine is safe.
• MHRA believes that the benefits of the vaccine regarding COVID-19 prevention outweigh the ri...

CHINA URGES CREDIT RATING AGENCIES TO IMPROVE THEIR RATING MODELS

Highlights –

• China urges credit rating agencies to improve their rating models.
• The agencies are asked to strengthen corporate governance and bolster information disclosure.
• Bond credit rating has been under complaint by investors in ...

KCC TO REVISE LAW ON THE LIMIT OF PAYMENT TO LIVESTREAM BROADCASTERS

Highlights –

• KCC to revise law on the limit of payment to livestream broadcasters.
• Platforms like YouTube and Afreeca TV operate live payments.
• KCC will pursue legal revisions to prevent excessive payments to livestreamers.