Take a ride in the legal labyrinth of driverless cars

A Lexus SL 600 driverless test vehicle on show in Las Vegas.

Picture it. You slip into your car, recline and start reading the day's news on your smartphone. The vehicle accelerates, smoothly navigates traffic and seamlessly merges on to the freeway, without you lifting a finger.

Thursday, 17 January, 2013, 4:19am

US regulators move in on Chinese audit laws

Auditors at firms such as Ernst & Young can struggle to thoroughly audit Chinese firms due to restrictive mainland laws. Photo: Bloomberg

Regulators in the United States have potentially jeopardised the listing of more than 100 stocks from the world's most populous nation, in a move to sanction auditors for blocking investigations at companies based in China.

6 Dec 2012 - 3:16am

Banking giants find big is no longer beautiful

RBS is cutting its operations.

Global banking, a model promoted for more than 30 years by financial conglomerates cobbled together through cross-border mergers, is colliding with the post-crisis reality of stricter national regulation.

6 Dec 2012 - 3:16am

China's formula for biotech innovation

China pledges to increase investment in its biotechnology industry. Photo: AP

China has sought to balance its economic development with the need to invest in the well-being of its people, taking major steps to reform health care systems and extend vital services to its citizens. And China has focused on creating an innovation economy, notably pledging to increase investment in its biotechnology industry by more than US$300 billion in the next five years.

28 Nov 2012 - 5:45am

Government says no law regulating false milk ads until 2013

One the biggest obstacles for breastfeeding is that the mothers are mislead by advertisements which tell them milk formula is better for their children.

The government will not even begin to consider regulating advertisements falsely claiming that formula milk can make babies smarter and healthier until next year.

21 Nov 2012 - 7:35am 1 comment