Need to know: the 7 top stories for Asia comms, media and marketing pros on Monday, 4/4/16

Panama Papers; Tesco Thailand slap ad gaffe; Google's April Foolish prank; TubeMogul's Facebook marketing partnership; Huawei's 2015 results; Anbang dropping Starwood bid; McDonald's sets sights on Asia; cars becoming smartphones?

McDonald's is looking to expand across Asia (Crusier/Wikimedia Commons)
McDonald's is looking to expand across Asia (Crusier/Wikimedia Commons)

Panama Papers: Massive leak reveals money rings of global leaders

A massive, anonymous leak of financial documents from a Panamanian law firm has revealed an extensive worldwide network of offshore "shell" companies — including ones with ties to Russian President Vladimir Putin — that allow the wealthy to hide their assets from taxes and, in some cases, to launder billions in cash, a German newspaper alleges.

Tesco Thailand ad under fire for showing maid being slapped

Tesco Lotus has removed a widely shared video after it was slammed for a scene where a woman slaps her domestic helper.

April Foolish: Google apologises as it withdraws new 'Mic Drop' feature

Google's attempt to add a playful Gif feature into Gmail backfired spectacularly after it inadvertently ended up causing anger and upset for some of its 900 million users.

TubeMogul adds capability to buy video advertising on Facebook and Instagram

TubeMogul has announced that it is one of the first video platforms to be awarded the Facebook Marketing Partner badge.

Huawei 2015 earnings see stronger revenue growth

Chinese tech powerhouse Huawei reported a 33 percent rise in net profit for 2015 from the previous year, on the back of its growing consumer device business and rising demand for information and communications technologies (ICT) globally.

Anbang walking away from US$14B Starwood deal

A consortium led by China's Anbang Insurance Group will walk away from its proposed takeover of Starwood Hotels worth almost $14 billion, the group said in a statement.

McDonald’s eyes greater restaurant expansion in Asia

McDonald's has set its sights on Asia, with the hope of adding more than 1,500 new restaurants in China, Hong Kong and South Korea within the next five years, the popular fast food chain has announced.

Cars are set to be the next smartphone: Hyundai CEO

Technology is moving rapidly from the app economy of the smartphone to automobiles — a transition for which both tech companies and automakers are rapidly preparing.

Brought to you by PRWeek Asia with additional editorial support from CNBC

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