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 Germany $692 Billion Asset Manager Allianz Global Investors in Exclusive Talks to Buy $34 Billion UOB Asset Management for $465 Million (S$600 Million) Representing 1.38% Fee of AUM, UOB Asset Management Founded in 1986 & is Subsidiary of Singapore 3rd Largest Bank UOB Prudential Financial $1.4 Trillion Asset Manager PGIM Launches Private Credit Fund (PGIM Global Private Credit Fund SCA) for Investors in UK, Europe & Asia, Invests in Senior Secured Loans to Middle Market Companies in North America, Europe & Australia, Lead Portfolio Manager is Matthew Harvey (Global Head Of Middle Market Direct Lending) China Corruption: Vice-President of China CITIC Financial Asset Management Yang Yi Detained for Corruption Investigation & Uncontactable Southeast Asia Oil Rich Country Brunei Royal Family with $30 Billion Fortune Sultan Hassanal Bolkiah (Age 79) Announced New Cabinet & Appoints 2 Sons as Ministers with 1) Eldest Son Prince Abdul Malik Appointed as Minister in Prime Minister’s Office & 2) 2nd Youngest Son Prince Abdul Mateen as Foreign Minister, Eldest Son & Crown Prince Al-Muhtadee billah Remains as Senior Minister at Prime Minister’s Office, Brunei GDP at $17 Billion with 470,000 Population China TikTok Parent ByteDance Founder Zhang Yiming Becomes 2nd Richest Billionaire in Asia with $93 Billion Fortune, Top 5 Richest Billionaires in Asia are Gautam Adani $115 Billion, Zhang Yiming $93 Billion, Mukesh Ambani $86 Billion, Tadashi Yanai $72 Billion & Zeng Yuqun $66 Billion United States Department of Justice (DOJ) Charged & Announced Arrest of Iran-Based Technology Company Faraz Pardaz Rayaneh Co. Ltd CEO Jamshid Ghomi (Age 63, California Resident, United States-Iran Dual Citizenship) for Supplying United States Technology to Iran for Nuclear Program (Include Atomic Energy Organization of Iran) & Seized $35 Million United States Newport Beach Mansion in California United States Ohio State University Reaches $100 Million Settlement (279 of 280 ex-Students) for Campus Doctor Richard Strauss Sexual Assaults from 1978 to 1998, 317 Prior Settlements of $61 Million, Lawsuits Started in 2018 Iran Attacks Kuwait International Airport (3/6/26) with Drones Causing Damage to Terminal 1 Building, Kuwait GDP at $173 Billion with 5.2 Million Population Australian Securities and Investments Commission (ASIC) Issues $426,000 (AUD 529,000) Fines on Fashion & Beauty Retail Companies Zara, H&M and Sephora for Late Filing of Financial Reports in Australia China Founded & Popular United States Fast Fashion $30 Billion SHEIN Fined $26 Million (€22 Million) by France Competition Regulator for Consumer Breaches on Order Confirmation, Returns & Environmental Quality Information Switzerland Energy Commodities Trading Giant Gunvor ($144 Billion Revenue in 2025) Office in Geneva Searched by Switzerland Prosecutors for Criminal Investigation on Bribery of Foreign Officials, Gunvor States Company is Not Subject of Investigation Securities and Exchange Board of India (SEBI) Investigates India $307 Million Gold Company Rajesh Exports (REL) for $1.3 Billion Shareholder Losses & $158 Billion Inflated Revenue with 97% to 99% of Revenue Originating from Overseas Subsidiaries (Mainly Switzerland-Based Valcambi SA), $36 Million Transferred to Owner Rajesh Mehta Personal Accounts Without Approval & Disclosure, Rajesh Exports (REL) Issues Statement of No Conclusive Findings by SEBI & Revenues are Correct, Rajesh Exports Founded in 1989 by Rajesh Mehta & Prashant Mehta OECD 15 Industrial Sectors Subsidies Report of 525 Industrial Companies (2005 to 2024): 1) China Firms Receive 3 Times to 8 Times (3x to 8x) More Government Support than Other Firms, 2) Subsidies Increased Firms Market Shares But No Significant Gains in Productivity or Profitability, 3) Top 3 Most Subsidised Sectors are Renewable Energy Equipment, Semiconductors & Heavy Industries, 4) Top 5 Highest Level of Subsidies Relative to Sales are Solar Photovoltaic Panels, Semiconductors, Aluminium, Steel & Shipbuilding, 5) Firms with State Ownership Receives 25% More Subsidies than Private Sector Competitors, Subsidies Include Government Grants, Tax Concessions & Below-Market Finance Indonesia Government Revised Financial Sector Law Including on Central Bank (Bank Indonesia), 1) Goals to Implement Policies Conducive to Real Sector, 2) Improve Budget Governance & Accountability, 3) Parliament to Conduct Performance Evaluations of Bank Indonesia (BI), Financial Services Authority & Deposit Insurance Agency Singapore-Based Data Centre Company DayOne Raised $4.5 Billion in Series C Funding Round, Plans Nasdaq & Singapore Dual-Listing IPO to Raise $5 Billion at $20 Billion Valuation, Founded in 2022 as GDS International by China Data Centre Operator GDS Holdings in Spinoff & Renamed to DayOne in 2025, Investors Include GDS Holding, Boyu Capital, Hillhouse Investment, SoftBank Vision Fund, Citadel Founder Ken Griffin, Coatue, Achi Capital Partners & Indonesia Investment Authority (INA) Thailand Billionaire Sarath Ratanavadi (Age 60) with $19 Billion Fortune $30 Billion Gulf Energy Development to Invest $4.3 Billion in Data Centres & AI-Related Infrastructure in Next 5 Years, Gulf Energy Development Current Market Value at $29.5 Billion, Share Price +61.5% YTD, +50.6% Last 12 Months & +94.2% Last 5 Years United States Government Proposing 10% & 12.5% Forced Labour Tariffs on 60 Trading Partners (Include European Union, UK, China, Taiwan, Australia, Japan, South Korea, Singapore & Indonesia) Representing 99.4% of United States Imports Denmark New Government to Decrease Corporate Income Tax by 3% Over 3 Years to 19% (Current 22%) & to Remove High Earners Personal Income Tax, Value Added Tax (VAT) of 25% to be Decreased to 12.5% for Food,  0% VAT for Fruits & Vegetables, Dentist Visits Will be Free, Denmark GDP at $503 Billion with 6 Million Population Billionaire Hedge Fund Founder Bill Ackman (Age 59) Pershing Square Capital Management Selling $1.7 Billion (4.7% Stake / 80.6 Million Shares) Remaining Shares in United States-Netherlands $39 Billion Universal Music Group (UMG) after Rejected $64.4 Billion Buyout Offer by UMG Board