Caproasia https://validator.w3.org/feed/docs/rss2.html China Artificial Intelligence Startup Zhipu AI (Knowledge Atlas Technology) Hong Kong Share Price Increased +1,717% (2026 YTD) from IPO Price in 2026 January (8/1/26) to $119 Billion Market Value, Founded in 2019 by Tsinghua University Professors Tang Jie & Li Juanzi, Key Controlling Shareholders are Founder Tang Jie & Chairman Liu Debing 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 India Fintech Startup CRED Raised $900 Million in Series H Funding at $4.5 Billion Valuation from Facebook Parent $1.4 Trillion Meta Platforms with CRED Founder Kunal Shah to Step Down as CEO & Joins Meta Platforms as Head of Whatsapp (Meta Platforms Messaging Platform), CRED Founded in 2018 by Kunal Shah Latest Singapore-Based Healthcare Group Foundation Healthcare Holdings Singapore IPO to Raise $187 Million at $926 Million Valuation with Expected IPO Listing on 8th July 2026, Founded in 2023 by Liaw Yit Ming & Dr Lee Hong Huei, Investors Include Temasek Subsidiary SeaTown Holdings (SeaTown Private Capital Master Fund) United States $758 Billion Private Equity Firm KKR Appoints Managing Director Bhavit Patel as Head of Asia-Pacific (APAC) Institutional and Family Capital to Succeed Kate Richale Who is Departing, Bhavit Patel Has 22 Years of Asset Management & Financial Industry Experience at JP Morgan Asset Management, Angelo Gordon & KKR (Joined 2022) United States Federal Reserve (Fed) ex-Chairman (1987 to 2006) Alan Greenspan Died at Age 100 (22/6/26), 18 Years as Fed Chairman from 1987 to 2006 Societe Generale Launches 4 Gold & Silver Daily Leverage Certificates (DLCs) with Listing (23/6/26) on Singapore Exchange (SGX) Tracking SPD Gold Shares (GLD) ETF & iShares Silver Trust (SLV) ETF, 5x Leverage for Long & Short Gold and 3x Leverage for Long & Short Silver United States Billionaire Larry Ellison $503 Billion Technology Company Oracle Completes 21,000 Job Cuts in Last 12 Months with Workforce at 141,000 in 2026 May, Sent 6 am Email to Cut Thousands of Jobs (Same-Day Termination) in Early 2026, Potential 30,000 Job Cuts Representing 18.5% of Total 162,000 Employees, Oracle Founded in 1977 as Software Development Laboratories by Larry Ellison, Bob Miner & Ed Oates, Current Market Value at $503 Billion, Share Price -10.6% YTD, -15.4% Last 12 Months & +123.1% Last 5 Years United States $145 Billion Ride-Hailing Giant Uber Technologies Board Received Lawsuit from Shareholders for Compliance Failures Leading to 3,571+ Lawsuits in United States San Francisco Court from Victims of Sexual Abuse & Harassment by Drivers Despite Repeated Warnings, Current Market Value at $145 Billion, Share Price -13.8% YTD, -16.2% Last 12 Months & +38.1% Last 5 Years Thailand Crackdown on Thailand Companies Using Thailand Citizens as Dummy Shareholders to Comply with Maximum of 49% Foreign Shareholding, Flags 11,426 Companies with Foreign Shareholders in Koh Samui & Koh Phangan Representing 68% of All Registered Companies in Koh Samui & Koh Phangan, 7,000+ Businesses Suspected of Using Illegal Nominee Structures (Majority in Real Estate, Tourism & Hospitality) PwC Forecasts $4 Trillion Total M&A Deals in 2026 (2025: $3.5 Trillion, 2021: $5.2 Trillion), 1) Supersize IPOs Include SpaceX, Anthropic & OpenAI, 2) Large M&A Deal Include NextEra Energy & Dominion Energy $67 Billion Merger, 3) Top 5 Mega Deal Sector (> $5 Billion) in 2026 1H are Technology 15 Deals, Pharma & Life Sciences 6 Deals, Banking & Capital Markets 4 Deals, Oil & Gas 4 Deals and Real Estate 3 Deals Latest Latest $358 Billion Morgan Stanley Plans for New $1.3 Billion Office Tower in United States Dallas (Texas) with 16-Year Lease (Starts 2031), Will Invest $684 Million by 2031 & Property Owner Will Invest $650 Million for Construction, Property Owner is CBRE subsidiary Trammell Crow India with 16,000 UHNW Families (> $30 Million Wealth) in 2025 & Forecasts 26,000 UHNW Families in 2030, 300 Family Office Entities with > $30 Billion Assets KPMG Australia Client Data Leak Scandal: KPMG Australia Chairman Martin Sheppard & 2 Senior Partners (Paul Rogers & Eileen Hoggett) Resign, Announced Leadership Changes, Governance Overhaul & Action Plan to Address Integrity Issues & Strengthen Accountability China Corruption: Ex-Chairman of China Shenzhen Municipal Committee of the Chinese People’s Political Consultative Conference (CPPCC) Dai Beifang Expelled from Chinese Communist Party in Corruption Investigation Taiwan Nasdaq-Listed $3.2 Billion Semiconductor Company Himax Technologies Founders & Brothers (Wu Biing-seng & Jordan Wu) Become Billionaires with $1 Billion Fortune (24% Stake) after Himax Technologies Market Value Increased to $4.2 Billion in 2026 June (3/6/26), Founded in 2001 by Wu Biing-seng & Jordan Wu, Current Market Value at $3.2 Billion, Share Price +117.3% YTD, +110.9% Last 12 Months & +31.1% Last 5 Years United States $10 Billion Utility & Power Company AES Corp Co-Founder Roger Sant Sells New York City Ritz-Carlton Residence 28th-Floor 6,800 Sq Ft Luxury Apartment for $28.4 Million with All Proceeds to be Donated to Charity, Bought for $17.6 Million in 2017, Roger Sant & Late Wife (Vicki) Co-Founded Philanthropy Foundation The Summit Foundation in 1991 United States ex-President (2009 to 2017) Barack Obama with $70 Million Fortune Opens $850 Million Obama Presidential Center (18/6/26) in Chicago (United States), Features Museum & Library and Houses Non-Profit The Obama Foundation Which Targets to Raise $1.6 Billion, Donations of Above $25 Million Include Jeff Bezos, Bill & Melinda Gates Foundation, Reid Hoffman, Steve Ballmer & Marc Benioff, Donations Between $10 Million to Below $25 Million Include George Soros (Open Society Foundations), Fidelity, Boeing, Microsoft, Prudential, Steven Spielberg & Michael Jordan UK Prime Minister Keir Starmer (Age 63) Announced to Resign (22/6/26), Appointed as UK Prime Minister in 2024, Keir Starmer is 6th UK Prime Minister in Last 10 Years, UK Prime Minister Earned $237,000 (£179,406) Salary in 2025 Comprising of Member of Parliament (MP) Salary (£98,599) & Ministerial Salary (£80,807), UK GDP at $4.3 Trillion with 69.9 Million Population Trillionaire Elon Musk $2 Trillion SpaceX Receives CCC Rating (Laggard) on MSCI ESG Ratings Which Rates Company in 3 Categories (Leader, Average, Laggard) Latest Latest