Approval

Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
June 14, 2024
TESLA shareholders approved CEO Elon Musk’s US$56 billion pay package in what was seen as an endorsement of his leadership, but the electric carmaker’s stock remains richly valued even...
Moderna’s RSV shot wins FDA approval for use in older adults
Moderna’s RSV shot wins FDA approval for use in older adults
June 1, 2024
MODERNA gained US approval for its RSV vaccine in older adults, giving the biotech company a second product as it seeks to move beyond its reliance on the fading...
Crypto exchange-traded products get UK regulatory approval
Crypto exchange-traded products get UK regulatory approval
May 28, 2024
THE United Kingdom’s financial regulator approved the first cryptocurrency exchange-traded products (ETPs), a step towards catching up to other financial centres in digital assets.WisdomTree said it received the green...
Eli Lilly’s diabetes drug tirzepatide gets approval in China
Eli Lilly’s diabetes drug tirzepatide gets approval in China
May 21, 2024
ELI Lilly said on Tuesday (May 21) its diabetes drug tirzepatide has received approval from Chinese regulators, setting up intensifying competition with its Danish rival Novo Nordisk in the...
Ether jumps the most in 18 months on speculation of ETF approval
Ether jumps the most in 18 months on speculation of ETF approval
May 21, 2024
ETHER surged the most in 18 months, leading a rally in digital assets, amid growing speculation that opposition is easing among regulators towards approving one or more exchange-traded funds...
Fintech startup Qashier gets in-principle approval for major payment institution licence from MAS
Fintech startup Qashier gets in-principle approval for major payment institution licence from MAS
April 23, 2024
SINGAPORE-BASED fintech startup Qashier was granted in-principle approval for a major payment institution licence by the Monetary Authority of Singapore (MAS). This means that Qashier’s payment services – domestic...
China’s Harvest may get Hong Kong approval for spot-Bitcoin ETF later in April
China’s Harvest may get Hong Kong approval for spot-Bitcoin ETF later in April
April 11, 2024
THE international arm of Chinese asset manager Harvest Fund Management may get approval from Hong Kong as soon as this month to launch a spot-Bitcoin exchange-traded fund (ETF), sources...
China’s first biosimilar Ozempic drug applies for approval
China’s first biosimilar Ozempic drug applies for approval
April 3, 2024
A CHINESE drugmaker has developed a biosimilar version of Novo Nordisk’s popular diabetes drug Ozempic and applied for its approval. Hangzhou Jiuyuan Gene Engineering said on Wednesday (Apr 3) in...
China’s first biosimilar Ozempic drug applies for approval
Drugmaker seeks approval for China’s first biosimilar Ozempic
April 3, 2024
A DRUGMAKER in China has developed a biosimilar version of Novo Nordisk’s popular diabetes drug Ozempic and applied for approval to sell it there, in a potential challenge to...
Bank mergers face higher hurdle for FDIC approval under plan
Bank mergers face higher hurdle for FDIC approval under plan
March 21, 2024
US BANKS would have to clear steeper regulatory hurdles to merge with another lender under a plan by the Federal Deposit Insurance Corp (FDIC). The FDIC on Thursday (Mar...