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FSC fines Jkopay NT$1.8m over poor internal controls By Kao Shih-ching / Staff reporter The Financial Supervisory Commission (FSC) yesterday fined Jkopay Co (街口電子支付) NT$1.8 million (US$63,420) over poor internal controls and suspended its chairman, Kevin Hu (胡亦嘉), for a year. That is the second time the commission has punished Hu after it in September last year ordered his removal as a board member of Jko Asset Management Co (街口投信) for launching an illegal investment service, Tuofu Bao (託付寶). The latest punishment came after the commission initiated an invest...

New compound could lead to a new class of diabetes drugs Research led by The Ohio State University Wexner Medical Center and College of Medicine identified a new compound that might serve as a basis for developing a new class of drugs for diabetes. Study findings are published online in the journal Nature Chemical Biology. The adenosine monophosphate-activated protein kinase (Ampk) is a crucial enzyme involved in sensing the body's energy stores in cells. Impaired energy metabolism is seen in obesity, which is a risk factor for diabetes. Some medications used to treat diabetes, such as metfo...

 E-Mail IMAGE: Dr. Rama K. Mallampalli is professor and chair of the Department of Internal Medicine at The Ohio State University Wexner Medical Center and The Ohio State University College of Medicine. view more  Credit: The Ohio State University Wexner Medical Center COLUMBUS, Ohio - Research led by The Ohio State University Wexner Medical Center and College of Medicine identified a new compound that might serve as a basis for developing a new class of drugs for diabetes. Study findings are published online in the journal Nature Chemical Biology. The adenosine monophosphate-activ...