February 7, 2026

Fosun Pharma inks $1.55B deal with Eisai to launch cancer drug in Japan

Fosun Pharma's unit Henlius Biotech sells exclusive Japan rights of cancer drug serplulimab to Eisai for $1.55 billion. Eisai pays $75M upfront and aims to launch the drug soon.

February 7, 2026

EU Labels TikTok ‘Addictive,’ Warns ByteDance of 6% Revenue Fine

The EU says TikTok's design is addictive and violates digital rules. The European Commission may fine ByteDance up to 6% of its global revenue for weak safeguards, especially affecting minors and vulnerable users.

February 7, 2026

Airlines Cry Out for Planes as Boeing and Airbus Face Supply Crisis at Singapore Airshow

At the Singapore Airshow, experts reveal that airlines in Asia-Pacific are desperate for more planes. Boeing and Airbus face major supply chain delays, while demand soars with China and India driving air travel growth.

February 7, 2026

China Fines Companies for Fake ChatGPT and DeepSeek AI Services

China slapped fines on firms pretending to offer ChatGPT and DeepSeek AI services. The State Administration for Market Regulation fined a company for fake chatbot use on WeChat.

February 7, 2026

Andhra Pradesh to Lead Rare Earth Minerals Mining with Central Budget Support

Andhra Pradesh, rich in high-quality Rare Earth Minerals like monazite and ilmenite, is gearing up to boost mining and processing. The Central government’s 2026 budget includes support for Rare Earth Corridors in the state, helping it become a key mineral supplier soon.