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Search Result for “court”

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BUSINESS

IBM sues former Thai exec for return of bonus

Bloomberg News, Published on 14/02/2023

» NEW YORK: IBM Corp is suing the former top executive in its Thailand subsidiary, claiming she should pay back nearly half a million United States dollars in bonus awards for taking a job at a rival company.

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BUSINESS

China Evergrande winding-up lawsuit again adjourned

Bloomberg News, Published on 28/11/2022

» HONG KONG: China Evergrande Group, the world’s most indebted developer, said it expects to receive restructuring support from offshore creditors by as early as February, helping its plea to adjourn a winding-up hearing again.

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BUSINESS

Apec host's budding marijuana industry faces backlash

Bloomberg News, Published on 17/11/2022

» Near the grand conference halls in central Bangkok where Asian leaders will meet this week, a plethora of marijuana shops - the Thai capital's newest tourist draw - were bustling despite a controversy that threatens the growing sector.

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BUSINESS

Singapore seeks 40 years in jail for stock market manipulator

Bloomberg News, Published on 05/11/2022

» Singapore prosecutors are seeking a 40-year jail sentence for John Soh Chee Wen for his role in the financial centre’s biggest case of stockmarket manipulation that caused almost US$8 billion in losses in 2013.

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BUSINESS

Thailand tightens crypto ad rules after Zipmex freeze

Bloomberg News, Published on 01/09/2022

» The Securities and Exchange Commission (SEC) has tightened rules on advertising by crypto companies, joining countries like Singapore in seeking to protect retail investors in the wake of a US$2-trillion-selloff in digital asset markets.

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BUSINESS

Crypto platform mistakenly transfers $7m to woman

Bloomberg News, Published on 01/09/2022

» Crypto.com, the digital currency app that was fronted by Matt Damon in a Super Bowl TV advertisement, is seeking the return of about A$10.5 million (US$7.2 million) it accidentally transferred to a woman in Melbourne.

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WORLD

Singapore debate on LGBTQI+ rights heats up in test for leaders

Bloomberg News, Published on 27/08/2022

» In the wake of Singapore Prime Minister Lee Hsien Loong’s Aug 21 pledge to protect the nation’s definition of marriage, which excludes same-sex unions, in the Constitution, the government quickly mobilised top ministers to try to calm a storm brewing between the LGBTQI+ community and some religious groups.

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BUSINESS

Elon Musk sells $6.9bn of Tesla to avoid Twitter fire sale

Bloomberg News, Published on 10/08/2022

» Elon Musk sold US$6.9 billion of his shares in Tesla Inc, the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc.

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BUSINESS

Zipmex allowing some altcoin withdrawals

Bloomberg News, Published on 03/08/2022

» Asia crypto exchange Zipmex Pte plans to allow users to withdraw some tokens from their trading accounts.

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WORLD

Prince Philip’s will to stay under lock and key

Bloomberg News, Published on 29/07/2022

» A secret hearing into the will of Prince Philip, Queen Elizabeth’s late husband, was right to take place behind closed doors, appeal judges said.