The substantial shareholding exemption (SSE) applies to companies and exempts certain gains that would otherwise be subject to UK corporation tax following a disposal of shares.
North Korea’s cruise missile launches test regional defence as arms race intensifies
North Korea’s apparent use of different launch methods to fire two types of cruise missiles from a tactical nuclear-capable submarine could complicate regional defence, while raising fresh questions about the operational readiness of its growing undersea arsenal, observers have said.
The North’s official Korean Central News Agency (KCNA) said on Thursday it had “test-fired two types of submarine-launched strategic cruise missiles” off its eastern coast.
The tests “contributed to inspecting the…
The China decoupling paradox: why the world still needs its manufacturing machine
Talk of global decoupling from China has persisted for years, as has speculation that emerging economies such as India and Vietnam could soon replace it as the “world’s factory”.
But for Indian hardware engineer Neeraj Arora, the growth of India’s electronics manufacturing industry has not eliminated the need to source components from China. Instead, it has changed the nature of those imports.
A decade ago, Arora imported finished phone chargers from the world’s second-largest economy. Today,…
PODCAST: How employers can deal with an AI-assisted rise in employee claims
Since AI use became widespread the number and complexity of claims against employers has soared. How should companies cope?
South Korea’s offender tracking under scrutiny after stabbing spree exposes ‘serious gaps’
A stabbing rampage by a repeat violent offender wearing an electronic ankle monitor has raised questions about whether South Korea’s system can adequately supervise those deemed high-risk and prevent attacks before they happen.
The 59-year-old suspect told investigators he had become frustrated over what he perceived as mistreatment at a hospital, police said on Wednesday.
Three criminal profilers were helping investigators establish the motive for Tuesday’s attack at a shopping centre in…
Singapore open to legal action against errant firms as haze crisis worsens
Singapore will “keep its options open” on taking legal action against errant companies as air quality in the city state deteriorates to very unhealthy levels.
Singapore is collecting data on the haze as it weighs possible action under its Transboundary Haze Pollution Act, the Straits Times reported on Wednesday, citing Minister for Sustainability and the Environment Grace Fu.
The law, enacted in 2014, targets those responsible for causing or condoning fires if the resulting haze causes the…
Why younger Japanese now fear Trump’s US more than China
A growing number of Japanese regard the United States as the greatest threat to world peace ahead of traditional rival China, according to a new survey.
The annual poll, released by the Japan Press Research Institute on Saturday, found 26.8 per cent of respondents named the US as the biggest threat to global peace. That was up 9.3 percentage points on last year and far above the 6.6 per cent recorded in 2024.
Russia came top of the list in 2025 but slipped to third place this year, with 18.3 per…
English judiciary sets out ‘cautious but positive’ approach to AI adoption
It is encouraging to see the English judiciary taking such a positive approach to the adoption of artificial intelligence following a recently published position statement, an expert has said.
Saudi Capital Market Authority consults on how firms serve Saudi clients abroad
A new consultation has been launched on proposed amendments to draft rules on regulating the activities of Saudi Arabian capital markets institutions when dealing with clients in other financial markets.
Philippines rejects China’s calls for direct contact amid ‘miscalculation’ warnings
The Philippine military has rejected calls to restore direct communication channels with its Chinese counterpart, despite warnings from Beijing that their absence risks “miscalculation” during confrontations and could further escalate tensions in the South China Sea.
On Tuesday, the Armed Forces of the Philippines said it would not communicate with its Chinese counterpart in advance of its maritime operations, arguing that such channels were ineffective without mutual respect for international…
