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Legislation Regulations

  • May 26- Kite Pharma Inc on Friday said the U.S. Food and Drug Administration will review its experimental drug axicabtagene ciloleucel on a priority basis as a treatment for advanced non-Hodgkin lymphoma, a cancer that starts in white blood cells. The FDA's decision is expected by Nov. 29. Kite announced in March that it had completed the FDA filing.

  • LAGOS, May 26- The long-awaited oil governance bill passed by Nigeria's upper chamber of parliament proposes breaking up the state oil company into three commercial entities supported by a regulatory body and a fund to oversee the distribution of money. The Petroleum Industry Governance Bill, passed on Thursday by the Senate, is part of planned reforms that...

  • People attend a Bitcoin conference in New York. (File photo).

    Adam White, Coinbase vice president, weighs in on what's likely driving the prices of bitcoin higher.

  • On June 9, new regulations to help protect your IRA and 401(k) will take effect. Here's what you need to know.

  • LONDON, May 25- Global regulators will soon finalize a suite of rules to ensure banks across the world hold enough capital to withstand rocky markets without taxpayer aid, one of their top officials said on Thursday. President Donald Trump's call to ease regulation on banks to try to boost lending to the economy, and threats by the European Union to stop the new...

  • LONDON, May 25- Global regulators will soon finalise a suite of rules to ensure banks across the world hold enough capital to withstand rocky markets without taxpayer aid, one of their top officials said on Thursday. President Donald Trump's call to ease regulation on banks to try to boost lending to the economy, and threats by the European Union to stop the new...

  • *UK, other regulators likely to use code in legal oversight. LONDON, May 25- Regulators and leading financial firms launched a new code of conduct for global currency trading on Thursday, including measures aimed at forcing its universal adoption by the world's major financial institutions. Industry players said the code was its last chance to head off full...

  • LONDON, May 25- Global regulators will soon finalize a suite of rules to ensure banks hold enough capital to withstand rocky markets without taxpayer aid, one of their top officials said on Thursday. President Donald Trump's call to ease regulation on banks in a bid to boost lending to the economy, and threats by the European Union to stop the new rules if they...

  • LONDON, May 25- Global regulators will soon finalise a suite of rules to ensure banks hold enough capital to withstand rocky markets without taxpayer aid, one of their top officials said on Thursday. President Donald Trump's call to ease regulation on banks in a bid to boost lending to the economy, and threats by the European Union to stop the new rules if they...

  • HONG KONG, May 25- Hong Kong's securities regulator on Thursday ordered a trading halt in all shares of Tianhe Chemicals Group Ltd, without giving further details. Last month, Tianhe said media reports claiming financial irregularities had been uncovered at the company and that the Securities and Futures Commission had directed a trading halt of the stock...

  • HONG KONG, May 25- Hong Kong's securities regulator on Thursday ordered a trading halt in all shares of Tianhe Chemicals Group Ltd, without giving further details. Last month, Tianhe said media reports claiming financial irregularities had been uncovered at the company and that the Securities and Futures Commission had directed a trading halt of the stock...

  • HONG KONG, May 25- ChemChina has raised $20 billion in perpetual bonds and preferred shares to finance its acquisition of Swiss seeds maker Syngenta, according to a regulatory filing by the state-owned Chinese company. Bank of China has invested $10 billion via a perpetual bond, making the Chinese lender the single largest financier in the $44 billion deal,...

  • Oddly Sidic, Haitong and Qosun shares are rallying

    CNBC's Sophia Yan speaks about Citic Securities, Guosen Securities and Haitong Securities, who in total have been fined nearly half a billion renminbi by Chinese regulators.

  • Hard to see where differences between Fiat and VW lie

    Anna-Marie Baisden, head of autos research at BMI Research, speaks about the U.S. government's suing of Fiat Chrysler over violating emissions tests.

  • HONG KONG, May 25- ChemChina has raised $20 billion in perpetual bonds and preferred shares to finance its acquisition of Swiss seeds maker Syngenta, according to a regulatory filing by the state-owned Chinese company. Bank of China has invested $10 billion via a perpetual bond, making the Chinese lender the single largest financier in the $44 billion deal,...

  • HONG KONG, May 25- Hong Kong's securities regulator on Thursday ordered a trading halt in all shares in Tianhe Chemicals Group Ltd, without giving further details. Last month, Tianhe said media reports claiming financial irregularities had been uncovered at the company and that the Securities and Futures Commission had directed a trading halt of the stock...

  • WASHINGTON, May 24- Fiat Chrysler Automobiles NV believes a software update can address U.S. regulators' contention that its diesel vehicles are producing excess emissions, a lawyer for the company said at a court hearing on Wednesday. Robert Giuffra, a lawyer representing Fiat Chrysler, said at a hearing in San Francisco that regulators' concerns could be...

  • WASHINGTON, May 24- A divided U.S. appeals court on Wednesday appeared to tilt slightly in favor of the Consumer Financial Protection Bureau's arguments that its structure does not violate the Constitution, in one of two cases that could weigh on the policing of Wall Street. A crowded courtroom at the U.S. Court of Appeals for the District of Columbia Circuit...

  • The U.S. Court of Appeals for the District of Columbia, in a rare hearing Wednesday by a majority of its judges, took up the politically charged case involving the Consumer Financial Protection Bureau and the power of its director. Lawyers for the Trump administration and a company sanctioned by the consumer agency argued that the way the CFPB was created, by...

  • NEW YORK, May 24- Regulations passed after the financial crisis aimed at reducing risk at systemically important banks and other institutions have made it harder to buy and sell corporate bonds, researchers at the New York Federal Reserve said on Wednesday. In October 2015, New York Fed economists, including Tobias Adrian and Or Shachar, said there appeared to be...