Caproasia https://validator.w3.org/feed/docs/rss2.html Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest United States Billionaire Founders Larry Ellison (Oracle) & David MacNeil (WeatherTech) Jointly Buy Florida Waterfront Land for $67 Million from Real Estate Developer Stewart Satter, Larry Ellison Pays $35 Million & David MacNeil Pays $32 Million with the Land Plot to be Divided Taiwan Popular Singer Richie Jen Hsien-chi (Age 59) & Wife (Chen Che-yu) Buy Hong Kong 4-Bedroom Luxury Property at Belgravia (57 South Bay Road) in Repulse Bay for $8.8 Million (HKD 68.8 Million) via R N C Investment Hong Kong-Listed $313 Million CSI Properties Chairman & Founder Mico Chung Cho-yee & His Wife (Nina Kan Souk-yin) via Aqua Sole Company Sell Hong Kong 3,120 Sq Ft Luxury House (27 Plantation Road) at The Peak for $13 Million (HKD 105 Million) to Hu Hanyang in 2026 June, Property Bought for $1.5 Million (HKD 12 Million) in 1993 (33 Years Ago), CSI Properties Founded in 2003 by Mico Chung Cho-yee Who was Known as Right-Hand Man of Hong Kong Billionaire Li Ka-shing son Richard Li Tzar-kai United States Companies File Class Action Lawsuits Against 4 China Shipping Container Manufacturing Companies China International Marine Containers (CIMC), Shanghai Universal Logistics Equipment (Dong Fang International Containers), CXIC Group Containers & Singamas Container Holdings for Millions Lost to Conspiracy to Restrict Production & Price Fixing of Nearly All Global Standard Unrefrigerated Shipping Containers Over 4 Years from 2019 to 2024, Singapore Business Federation (SBF) Chairman & Shipping Container Company Singamas Container Holdings Chairman & CEO Teo Siong Seng Also Named in United States Class Action Lawsuits United States $172 Billion Software Private Equity Firm Thoma Bravo to Transfer Ownership of United States $6.4 Billion Experience Management Software Company Medallia to Creditors Group (Blackstone, Apollo & FS KKR Capital Corp), Medallia Will Reduce Debt & Receive $150 Million Capital Injection, Thoma Bravo Acquired Medallia for $6.4 Billion in 2021, Medallia Founded in 2001 by Borge Hald & Amy Pressman India Government Temporarily Blocks $30 Billion Encrypted Messaging App Telegram in India to Prevent Cheating in India Upcoming Medical School Examination (Block Period 16/6/26 to 22/6/26), Telegram Has 150 Million Users in India, Telegram Founded by Brothers Nikolai Durov & Pavel Durov in 2013, Telegram Valuation at $30 Billion United States & Iran Sign 14-Point Peace MoU Agreement to End War (17/6/26) & to Finalize Deal Within 60 Days, Key Points Include 1) Iran Will Not Buy or Develop Nuclear Weapons, 2) Strait of Hormuz Blockade Will be Ended Within 30 Days, 3) Iran Will Use Best Efforts for Safe Passage of Commercial Passage for 60 Days, 4) United States Will Terminate All Sanctions Against Iran, 5) All Frozen Iran Funds will Be Released & 6) United States & Regional Partners Create Plan for $300 Billion Private Investment Fund for Reconstruction & Economic Development of Iran (Include Waivers of Sanctions etc) Trillionaire Elon Musk $2.4 Trillion SpaceX to Issue $20 Billion Bonds with Proceeds to Refinance $20 Billion Bridge Loan Utilized in Early 2026 Australia $218 Billion Mining Group BHP Takes $2.3 Billion Writedown Charge on Canada (Saskatchewan) Jansen Potash Mine, Current Market Value at $218 Billion, Share Price +34.2% YTD, +70% Last 12 Months & +48.2% Last 5 Years $55 Billion APAC Private Equity Group PAG Buys 50% Stake in New Zealand Auckland PwC Tower at $344 Million (NZD 600 Million) Valuation from New Zealand $1.1 Billion Precinct Properties Group in New Investment Partnership, Precinct Properties Group Will be Investment & Asset Manager United States $1 Trillion Private Equity Firm Apollo Capital Management NYSE-Listed $1.4 Billion Commercial Real Estate Trust (Apollo Commercial Real Estate Finance) Announced to Dissolve & Liquidate after Selling $9 Billion Loan Portfolio to Athene Holding & Expects to Receive $1.4 Billion Net Cash, Current Market Value at $1.4 Billion, Share Price +9.8% YTD, +9.7% Last 12 Months & -31.9% Last 5 Years Ex-Deutsche Bank Trader & Billionaire Founder Alex Gerko (Age 46) with $17 Billion Fortune Quant Trading Firm XTX Markets (XTX Finland OY) Files Ireland Lawsuit Against $265 Billion Computer Giant Dell Technologies for $62 Million to $70 Million Price Increase in Data Centre Contracts (1,680 Computer Servers in Finland) Instead of Agreed $549 Million Price (XTX Markets Agreed to Pay Additional $5 Million to Avoid Future Price Increase) Ex-Deutsche Bank Trader, Billionaire & Founder of Quant Trading Firm XTX Markets Alex Gerko (Age 46) with $17 Billion Fortune & 12 ex-GSA Capital Traders to Pay $30 Million (£22.5 Million) Tax on Deferred Trading Profits after Losing UK Lawsuit to Challenge UK HMRC (His Majesty’s Revenue & Customs) $30 Million (£22.5 Million) Tax on Deferred Trading Profits, UK HMRC Won UK Lower Courts to Apply Individual Tax (Higher Tax) Instead of Corporate Tax (Lower Tax) China AI Startup Manifold AI Raised $100 Million in Pre-Series A Funding, Launched in 2025 by Wu Wei & Tsinghua University (FIB Lab), Investors Include Guoxin Fund, CRHC Fund, InnoVen Capital, BAIC Capital, KHK Fund & Xinen Ventures Switzerland AI Research Lab Startup Prem AI (Prem Labs) to Raise $100 Million in Series A Funding at $500 Million Valuation, Founded in 2023 by Simone Giacomelli & Filippo Pedrazzini Europe $307 Billion Private Equity Group EQT to Buy UK Quality Assurance Company Intertek for $12.2 Billion (£9.3 Billion) in All-Cash Deal, Representing +59% Premium to Unaffected Closing Price (9/4/26), Intertek Founded in 1885 by Caleb Brett, Current Market Value at $11.8 Billion, Share Price +27.7% YTD, +22.8% Last 12 Months & +5% Last 5 Years Australia Court Fines HSBC Bank Australia $25 Million (AUD 35 Million) for Serious Failures to Protect HSBC Customers from Scams Including 1) Taking Average of 144 Days to Investigate Customer Scam Reports, 2) Not Applying Rules to Determine if Customers or Bank Should Bear Losses from Scams & 3) Inadequate Systems in Place to Help Customers Back into Banking after Scams & 4) Did Not Implement Internal Controls at Payment Rail Where Majority of Losses Occurred, HSBC Paid AUD 21.5 Million in Compensation & Recovered AUD 6.5 Million for Customers Indonesia TaniHub $25 Million Investment Fraud Court Case – Indonesia Court Sentenced 4 ex-Executives of MDI Ventures & BRI Ventures to 2-Year to 5-Year Jail Terms for Charges Including Investment Fraud & Investment Failures Resulting in $25 Million Losses, 1) ex-CEO of MDI Ventures (Telkom Indonesia Subsidiary) Donald Wiharja to 5-Year Jail Term & $28,000 Fine, 2) ex-MDI Ventures VP of Investment Aldi Adrian Hartanto 2-Year Jail Term & $14,000 Fine, 3) Bank Rakyat Indonesia (BRI) Subsidiary BRI Ventures ex-CEO Nicko Widjaja 3-Year Jail Term & $20,000 Fine & 4) BRI Ventures ex-VP of Investments William Gozali 2-Year Jail Term & $14,000 Fine Australian Securities & Investments Commission (ASIC) Investigates Private Credit Funds & Issues Warning to Private Credit Funds on Realistic Assumptions on Asset Valuations, Australia Private Credit Sector at $132 Billion (AUD 200 Billion) in 2025