The result “gives us confidence in our 2025 targets despite a...
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Covid-19 wave returns in Asia, cases increase in Hong Kong, Singapore
Densely-populated financial centres such as Hong Kong and Singapore...
US SEC chair says agency plans to create new rules for crypto tokens
Paul Atkins, the chair of the Securities and Exchange Commission In...
Dutch watchdog looking into alleged Tesla data breach
The data protection office in Brandenburg, which is home to Tesla’s European gigafactory, described the data leak as “massive.” The data protection watchdog for the Netherlands said on Friday it was aware of possible Tesla data protection breaches, but it was too...
Climate change will speed up inflation in next decade, says ECB
Climate change poses risks to price stability by having an upward impact on inflation,” said the researchers Maximilian Kotz, Friderike Kuik, Eliza Lis and Christiane Nickel. That would “place global incomes under pressure from rising prices and could impact inflation...
WTW unveils new financial product to protect intangible assets
An intangible asset is one that is not physical in nature but one that can hold significant value, and which can be created, transferred, bought or sold. Typical examples of intangible assets include intellectual property rights such as patents, trademarks, and...
Proposed Digital India Act will have huge section on online safety, trust: MoS IT
Rajeev Chandrasekhar, Minister of State Electronics and Information Technology of India According to him, India is soon going to have 1.3 billion people accessing the internet and these Digital Naagriks should approach the internet without any fear and mistrust,...
Kangra Cooperative Bank’s account with RBI loses Rs 7.79 crore in cyber fraud case
The fraud took place in three separate transactions on as many consecutive days, the first being on April 19, 2023 Since the bank is financially supervised by the RBI and the current account which has been subjected to fraud is also with the regulator itself, the...
Toyota wants to make more than just EVs — and has plenty of company
In January, the majority-owner of India’s dominant car manufacturer announced a deal with a government agency and Asia’s largest dairy manufacturer to verify that biogas derived from cow manure could be used to power Suzuki models running on compressed natural gas EVs...
EU fines Meta $1.3 billion over data transfers to US
The social network giant’s continued data transfers to the US didn’t address “the risks to the fundamental rights and freedoms of people whose data was being transferred across the Atlantic, according to a decision by the Irish Data Protection Commission announced on...
Panama Canal imposes shipping restrictions to cope with worsening drought
The largest vessels will have to reduce their drafts — how low they sit in the water — by carrying less or cutting the weight of their cargoes as of May 24, followed by another decrease that kicks in on May 29. Some major ocean carriers have also announced new fees...
Canopius launches first digital asset custody product on Lloyd’s Asia platform
Canopius can offer an individual line size of up to $130mn for eligible custody solutions, and the product provides coverage traditionally only available in the Crime and Specie markets separately The product will be available to financial institutions and covers a...
Centre considering testing drugs at govt laboratories before exporting
"The CDSCO has submitted that some intervention from the government was necessary to stop the low-quality cough syrups from entering the global supply chain from India," an official said New Delhi: Amid quality issues being raised globally for the cough syrups...