China High Speed Transmission Group Launches Legal Action Over $930m Fund Misappropriation
China High Speed Transmission Group Launches Legal Action Over $930m Fund Misappropriation

China High Speed Transmission Equipment Group announced on Tuesday, that its wholly-owned subsidiaries have initiated legal proceedings in the High Court of Hong Kong, seeking to recover approximately USD 929.6 million (RMB 6.64 billion) in misappropriated funds. The lawsuit, filed on March 31,...

Thailand approves tax breaks for large commercial EVs
Thailand approves tax breaks for large commercial EVs

The Thai government has approved new tax measures to promote the adoption of large commercial electric vehicles (EVs), including buses and trucks, by businesses across the country. Announced by Deputy Finance Minister Julapun Amornvivat, the policy aims to encourage eco-friendly transportation and...

T-Mobile agrees to sell $3.5 billion of senior notes
T-Mobile agrees to sell $3.5 billion of senior notes

T-Mobile USA, a fully-owned subsidiary of T-Mobile US, revealed on Monday its plan to offer $3.5 billion in senior notes as part of a public offering. The offering is divided into three tranches: $1.25 billion of 5.125% Senior Notes due 2032, $1 billion of 5.300% Senior Notes due 2035, and $1.25...

Singapore charges ex-director in landmark money laundering case
Singapore charges ex-director in landmark money laundering case

Singapore has charged Wang Junjie, a former director of corporate service provider LW Consultancy Pte Ltd, for his alleged involvement in the city-states largest money-laundering case, worth a record S$3 billion (US$2.2 billion), reports Bangkok Post. The Singapore Police Force announced on...