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 HSBC Asset Management Mid-Year Outlook 2026: 1) Oil Shock to Hit Growth, 2) Emerging Market to Outperform, 3) AI Boom, 4) Demand for Semiconductor, 5) Asian Equities Supported by AI-Driven Investment Cycle & Industrial Capex, 6) Asian Fixed Income Supported by Regional Fundamentals & Attractive Carry United States $24 Billion Private Credit Asset Manager Monroe Capital Sets 5% of NAV (Net Asset Value) Withdrawal Limit on $2.8 Billion Private Credit Fund (Monroe Capital Income Plus Corp) after Receiving 9% Redemption Requests PwC Hong Kong Partners Will Not Receive Millions of 5-Year Payout from Sale of PwC Business Unit in 2022 with Remaining Amount to be Retained for Operations & Investments, PwC Hong Kong Partners Will Instead Get Initial 3-Year Payout KPMG Australia Client Data Leak Scandal: KPMG Global Leaders Refused to Investigate Australia Whistleblower Claims (Reported by Financial Times), Reserve Bank of Australia (RBA) Will Likely Not Reappoint KPMG to Operate Whistleblower Hotline, Eileen Hoggett Steps Down as KPMA Australia Chief Operating Officer (COO) But Will Remain as Audit Partner, KPMG Australia CEO Andrew Yates & Head of Audit Julian McPherson Resigned after Complaints of Sharing Confidential Client Data to Win Contracts by Whistleblower, Clients Data Misused Involved Lendlease, Telstra & Optus, KPMG Australia Largest Clients Include ANZ, Westpac & Macquarie, Australian Securities and Investments Commission (ASIC) Starts Investigation, Stan Stavros Appointed as Interim KPMG Australia CEO Hong Kong Monetary Authority (HKMA) Issues New Guidelines for Brokerages on Managing Accounts (Include Account Opening) of China Mainland Customers, Tiger Brokers, Futu Securities & Longbridge to Stop Deposits & Buy Trades (Effective 12/6/26) for China Mainland Accounts, Only Allow Withdrawals, Sell Trades & Account Closures, 2-Year Grace Period Given to Allow Sell Trades & Outgoing Transfers for 3 Brokerages in China Mainland (Tiger Brokers, Futu Securities & Longbridge) China Bankrupt Luxury Car Dealer Baolide Holdings Founder Yu Haijun with $900 Million Fortune in 2023 & Senior Executives Detained by China Police for Financial Fraud Investigation Goldman Sachs Chief Legal Officer & General Counsel Kathryn Ruemmler Who Resigned is Staying at Goldman Sachs as Advisor (Requested by Goldman Sachs CEO David Solomon), Resigned for Close Relationship with Jeffrey Epstein Calling Him as Uncle Jeffrey & Sweetie and Received > $20,000 to $99,000 Value of Gifts, Kathryn Ruemmler was Listed as Backup Executor of Jeffrey Epstein Estate, Kathryn Ruemmler was Previously White House Counsel (2011 to 2014) to United States President Barack Obama & Associate Counsel to United Sates President Bill Clinton (2000 to 2001), Received $25 Million Salary in 2025 Singapore HQ & China Online Gaming Shanda Interactive Billionaire Co-Founder Chrissy Luo Qian Qian Sells Singapore 24,000 Sq Ft Bungalow at Tanglin Hill for $59 Million (S$76 Million), Bought for $30 Million (S$38.8 Million) in 2011, Shanda Interactive Founded in 1999 by Chen Tianqiao, Chrissy Luo & Chen Danian, Chen Tianqiao & Chrissy Luo are Husband & Wife, Chen Tianqiao & Chen Danian are Brothers Singapore HQ & China Online Gaming Shanda Interactive Billionaire Chen Tianqiao Investment Firm (Shanda Investment Group) to Support Growth of AI Company Tanka AI (AI & Messaging Application) Including as Investor, Shanda Group Family Office Unit GRAB Venture Invested in Around 100 Venture Capital Firms, Tanka AI Founded by Serial Entrepreneur Kisson Lin (Previously Meta & TikTok) United States Commercial Space Startup Axiom Space Raised $525 Million in New Funding, Founded in 2016 by Kam Ghaffarian & Michael Suffredini, Investors Include MUFG Bank, Type One Ventures, Qatar Investment Authority, 1789 Capital & 4iG Africa Country Botswana Government in Talks with UAE & Oman Governments to Form Partnership to Buy Controlling Stake in World’s Largest Diamond Producer De Beers from UK $55 Billion Mining Giant Anglo American, De Beers Founded in 1888 by Cecil Rhodes Japan SoftBank $10.2 Billion Digital Payments Company PayPay Buys 70.2% Stake in Japan Life Insurance Company T&D Financial Life Insurance for $836 Million (JPY 134 Billion) from Japan $13 Billion Insurance Group T&D Holdings in All-Cash Deal, T&D Financial Life Insurance Formed in 2001 from the Reorganization of Tokyo Life Insurance Mutual Company, PayPay Founded in 2018 as Joint Venture Between SoftBank & Yahoo Japan United States AI Music Startup Suno Raised $400 Million Series D Funding at $5.4 Billion Valuation, Raised $250 Million Series C Funding at $2.45 Billion Valuation in 2025 November, Suno Founded in 2022 by Mikey Shulman, Georg Kucsko, Martin Camacho & Keenan Freyberg, Investors Include Bond Capital, IVP, Forerunner, Union Square Ventures, Alkeon Capital Management, Quiet, Matrix, Lightspeed, Menlo Ventures & Schroders Capital United States $60 Billion Private Equity Firm New Mountain Capital Buys United States Residential Property Management Group Asset Living for $2 Billion from United States $41 Billion Private Equity Firm Roark Capital, Asset Living Founded in 1986 by Stephen Bohon Switzerland & World Largest F&B Group $248 Billion Nestlé Buys Remaining 51% Stake in Germany Smart Food Firm Yfood Labs to own 100% stake (Pre-Transaction 49% Stake), Yfood Labs Founded in 2017 by Noel Bollmann & Benjamin Kremer United States $130 Billion Investment Firm Sixth Street to Invest $1 Billion for Minority Stake in Belgium Trade Intelligence Data Analytics Firm Kpler at $3.7 Billion Valuation from United States $90 Billion Software Investor Insight Partners & UK $38 Billion Rothschild Alternative Assets Arm Five Arrows, Kpler Founded in 2014 by François Cazor & Jean Maynier United States Billionaire Glazer Family with $10 Billion Fortune Reviewing to Sell English Premier League Football Club Manchester United, Current Market Value at $3.8 Billion, Share Price +37.9 YTD, +58.9% Last 12 Months & +40.2% Last 5 Years, Late Malcolm Glazer Bought Manchester United in 2005 for £790 Million ($1.3 Billion), British Richest Man & Founder of Chemicals Group INEOS Jim Ratcliffe with $17 Billion Fortune Owns 28.9% Stake Brazil Football Superstar Pele (Edson Arantes do Nascimento) at Age 17 First World Cup Final No. 10 Jersey in 1958 for Sale at Estimated $6 Million in Sotheby’s Auction (29/6/26 to 16/7/26), Pele Died at Age 82 in 2022, Pele Won 3 FIFA World Cup Titles (1958, 1962 & 1970), Career 1,279 Goals in 1,363 Games UK Resident Varsha Gohil to Receive $8.8 Million (£6.6 Million) Divorce Payout after 23-Year UK Divorce Battle Against Husband Who Concealed $37 Million (£28 Million) Fortune, Varsha Gohil Filed for Divorce from Husband (Bhadresh Gohil) in 2002 for Adultery & Unreasonable Behaviour and Accepted £270,000 & Car (Peugeot), Filed Lawsuit in 2007 after Discovery of Concealed Fortune, Bhadresh Gohil Convicted of Money Laundering & Forgery in 2011 and Sentenced to 10-Year Jail Term with £28 Million Assets Frozen