Caproasia https://validator.w3.org/feed/docs/rss2.html UK $49 Billion Mining Giant Anglo American Reviewing to Sell All 85% Stake in UK Diamond Giant De Beers to Investor Group Led by ex-De Beers CEO Gareth Penny, Anglo American Reported $3.7 Billion Loss for 2025 with $2.3 Billion Value Writedown in De Beers, Anglo American Holds 85% Stake in De Beers Valued at $2.3 Billion, Botswana Government Owns 15% Stake in De Beers 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 South Korea to Allow Foreign Investors to Transact South Korean Won (KRW) via Registered Foreign Entities in 2027 Without Restrictions (Exclude Domestic Real Estate Transactions) with Pilot Program to Start in 2026 September, South Korea Launched 24-Hour Currency Trading in 2026 July (6/7/26), New Rules for Offshore Transactions by 2026 September, Target Upgrade to Developed Market Status (MSCI Criteria) Latest Singapore Government Reviewing Preferential Tax for Hedge Funds after Hong Kong Government Proposed Preferential Tax for Privately Offered Funds, Family-Owned Investment Holding Vehicles Managed by Eligible Single Family Offices & Carried Interest to Attract More Funds & Family Offices to Setup in Hong Kong Latest Latest Top 10 Largest Family Office in the World in 2026 Latest Nvidia Billionaire Founder & CEO Jensen Huang (Age 63) with $170 Billion Fortune Signed Tom Ford Leather Jacket Sold at Sotheby’s Auction (17/7/26) for $960,000 with Proceeds to be Donated to Non-Profit Innovation Group Edge Institute, Jensen Huang Wore Jacket at Foxconn Event in Taiwan in 2023 Italy Police Raided Offices of Luxury Brands Including Bulgari (Parent France $282 Billion Luxury Giant LVMH) & France Luxury Group Chanel for Labour Abuse & Exploitation With Subcontractors Using China Workers Hong Kong Tai Po Wang Fuk Court Fire (26/11/25) with 168 People Dead: Hong Kong Independent Committee Hearing – 1) Fire Likely Caused by Improperly Disposed Lit Cigarette, 2) Fire Alarm & Hose Systems Switched Off for Renovations, 3) Foam Boards Placed Over Windows Blocked Residents View of Fire & Smoke, 4) Building Contractors Used Non-Fire-Retardant Nets on Exterior of Building, 5) Contractors Failed to Stop Workers from Smoking, Dispose Combustible Construction Waste, Compromised Main Escape Route, Staircase Windows Removed to Allow Workers Easy Access Resulted in Smoke & Fire Spreading Faster, 6) Residents Had Filed Complaints to Hong Kong Government Departments Prior to Fire, 7) Main Contractor (Prestige Construction & Engineering) & Consultancy (Will Power Architects Company) Cut Corners in Work & Materials for $38 Million (HKD 300 Million) Renovation Contract Malaysian Anti-Corruption Commission (MACC) Launches Investigation on $40 Million (MYR 163.4 Million) Losses Incurred by Malaysia $48 Billion Public Service Retirement Fund KWAP for Investment in Indonesia $1.4 Billion Startup eFishery, Founder & ex-CEO Gibran Huzaifah Sentenced to 9-Year Jail Term in Indonesia for Fraud, Embezzlement & Money Laundering, Inflated Revenue by $595 Million for 2024 (January to September) to $752 Million & Generated Loss of $35.4 Million But Reported $16 Million Profit, eFishery Founded in 2013 by Gibran Huzaifah, Investors Include 42XFund, Kumpulan Wang Persaraan (Diperbadankan), SoftBank Vision Fund 2, Temasek, Northstar Group, Peak XV (Previously Sequoia India), Responsability & 500 Global Dutch $293 Billion Pension Fund PGGM Investment Management Forms $755 Million Japan Logistics & Office Assets Modernisation Partnership (Lendlease Japan Modernisation Partnership) with Australia $1.4 Billion Real Estate Group Lendlease to Focus on Upgrading or Repositioning Assets with Initial Focus on Greater Tokyo & Greater Osaka, PGGM Investment Management WIll Invest 95% & Lendlease 5% United States $1 Trillion Private Equity Firm Apollo Capital Management to Invest $3.4 Billion (€3 Billion) for Minority Stake in Germany $55 Billion Pharmaceutical Giant Bayer Birth Control Business (Long-Acting Reversible Contraceptives), Bayer Founded in 1863 by Friedrich Bayer & Johann Friedrich Weskott United States Pain Medicine Biotech Company Latigo Biotherapeutics Files for United States IPO with Earliest IPO Listing in 2026 Q3, Founded in 2018 & Raised Total $321.5 Million Funding, Investors Include Westlake Village BioPartners, Foresite Capital, 5AM Ventures & Blue Owl Capital Hong Kong Billionaire Li Ka-shing $35 Billion CK Hutchison Holdings Delays Hong Kong & London Dual Listing IPO for Health & Beauty Retail Giant AS Watson Group to 2027 Due to Potential Regulatory Issues, IPO to Raise $2 Billion at $30 Billion Valuation, Founded in 1841 as a Dispensary & Company Later Registered under Name of First Store Manager British Pharmacist Alexander Skirving Watson (AS Watson & Company Limited), Singapore Temasek Owns 24.9% of AS Watson Group Acquired for $5.7 Billion in 2014 Latest China $161 Billion Communications Equipment Giant Zhongji Innolight Hong Kong Secondary Listing IPO to Raise $8 Billion with Earliest IPO Listing in 2026 July, Founded in 1987 as Shandong Zhongji Electrical Equipment by Wang Weixiu (Acquired InnoLight Technology in 2017, Founded in 2008 by Liu Sheng), Current Market Value at $195 Billion, Share Price +60% YTD, +430% Last 12 Months & +3,950% Last 5 Years United States $40 Billion Market Prediction Trading Platform Kalshi Acquired 3 Million Users During 39-Day FIFA 2026 World Cup Tournament (11/6/26 to 19/7/26) with $1.2 Billion Contracts on Predicting World Cup Winner, Spain Won the FIFA 2026 World Cup after Beating Argentina in the Finals (1-0) on 19th July 2026 FIFA 2026 World Cup Winner Spain Earns $51 Million for Winning World Cup, 2nd Place Argentina $34 Million, 3rd Place England $30 Million & 4th Place France $28 Million, 48 Teams in 2026 World Cup Earn at Least $10 Million South Korea Financial Supervisory Service (FSC) Reports Margin Calls on 1.2 Million Retail Investor Brokerage Accounts in 2026 July (13/7/26), 340,000 Accounts Reported to Trigger Full Liquidation of Positions, South Korea Major Stock Index KOSPI -25.2% Last 1 Month, +58.3% YTD, +112.4% Last 12 Months & +109.6% Last 5 Years Futu Online Investment & Trading Platform Moomoo Singapore Reports 1) Growth in Retail, Private Wealth & Institutional Business with Private Wealth AUM +158% (YoY) & 40 External Asset Managers (EAMs) on Platform, 2) Hired ex-OCBC Securities Head Products Group Elgin Ting as Head of Private Wealth and Institutional Businesses and 3) Held Flagship MooFest 2026 in Singapore (18/7/26) at Marina Bay Sands Convention Featuring Speakers from Singapore Exchange (SGX), Hong Kong Exchange (HKEX), Nasdaq, CME Group, BlackRock, JP Morgan Asset Management, State Street Investment Management, Lion Global Investors, Fullerton Fund Management, Amova Asset Management, CSOP Asset Management, Direxion, Societe Generale, Xtrackers (DWS) & Prudential Italy Largest Telco Company Telecom Italia Board Supports $12.5 Billion (€10.8 Billion) Buyout Offer from Italy $36 Billion National Postal Service Company Poste in Cash & Share Deal Representing +9.01% Premium to Closing Price (27/3/26), Poste Italiane is Largest Shareholder of Telecom Italia with 20% Stake China $30 Billion AI Startup Moonshot AI Plans Hong Kong IPO in 2026 Q4 or 2027 Q1, Currently Raising $2 Billion at $30 Billion Valuation, Founded in 2023 by Yang Zhilin, Investors Include Alibaba, Tencent & IDG Capital