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The National Financial Regulatory Administration published the draft amendments to the PRC Insurance Law for public comment, proposing to bring insurer shareholders and ultimate controllers within the regulator’s scope; strengthen qualification revie

2026-09-04

The National Financial Regulatory Administration published the draft amendments to the PRC Insurance Law for public comment, proposing to bring insurer shareholders and ultimate controllers within the regulator’s scope; strengthen qualification reviews of major shareholders and ultimate controllers and tighten market entry; codify shareholders’ capital contribution, related‑party transaction reporting and information‑disclosure obligations; prohibit nominee shareholdings and improper interference in company management; and introduce targeted compulsory supervisory measures and specific penalties to increase control over shareholders and ultimate controllers.

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2026-09-04

Air Tanzania: Suspends flights to Moscow.

Air Tanzania: Suspends flights to Moscow.
2026-09-03

Europe has been delaying its winter gas purchases, betting on a swift end to the war with Iran and a subsequent drop in gas prices—a massive and potentially risky gamble. EU gas storage facilities are currently only 65% full, the lowest level for thi

Europe has been delaying its winter gas purchases, betting on a swift end to the war with Iran and a subsequent drop in gas prices—a massive and potentially risky gamble. EU gas storage facilities are currently only 65% full, the lowest level for this time of year in at least 15 years. Companies have been reluctant to buy gas for storage, anticipating that Qatar, the world's second-largest LNG exporter, will be able to resume normal shipping through the Strait of Hormuz this year once the conflict subsides. Now, hopes for a definitive end to the war before winter are waning, pushing LNG prices to a three-and-a-half-year high this week.
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