Caproasia https://validator.w3.org/feed/docs/rss2.html $98 Billion State Bank of India (SBI) Received $1.5 Billion Foreign Currency Deposits in New Deposit Program Launched in 2026 June for Non-Resident Indians (Overseas Indian Citizens), State Bank of India (SBI) Has Foreign Currency Saving Account with Interest Rate of 2.5% p.a. for Resident Indians under the Liberalized Remittance Scheme of RBI 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 AI Infrastructure Company SambaNova Raised $1 Billion in New Funding at $11 Billion Valuation, Founded in 2017 by Rodrigo Liang, Kunle Olukotun & Christopher Ré, Intel CEO Lip-Bu Tan is SambaNova Chairman, Investors Include General Atlantic, Seligman Ventures, T. Rowe Price Associates, Capital Group, A&E Investment, Assam Ventures, Battery Ventures, BlackRock, Cambium Capital, Intel Capital, Kabila Capital, QFO Capital, Qatar Investment Authority (QIA), Vista Equity Partners & Volantis Latest United States $9.7 Billion Advanced Materials Company Solstice Advanced Materials to Buy United States Specialty Chemicals Company Element Solutions for $14.5 Billion in Cash & Share Deal (Include Debt), Element Solutions Founded in 2013 as Platform Specialty Products, Element Solutions Current Market Value at $9.6 Billion, Share Price +51.6% YTD, +58.8% Last 12 Months & +64.9% Last 5 Years United States $127 Billion Biotechnology Giant Vertex Pharmaceuticals to Buy United States Endocrinology Company Crinetics Pharmaceuticals for $10 Billion in All-Cash Deal Representing +102% Premium to Unaffected Closing Price (6/7/26), Crinetics Pharmaceuticals Founded in 2008 by Scott Struthers, Frank Zhu, Ana Kusnetzow & Stephen F. Betz, Crinetics Pharmaceuticals Current Market Value at $8.8 Billion, Share Price +78.6% YTD, +158.2% Last 12 Months & +297% Last 5 Years France $59 Billion Banking Giant Crédit Agricole Increased Stake to 29.3% (Market Purchases & Derivative) in Italy $27 Billion Bank Banco BPM, Previously Held 22.9% Stake, Crédit Agricole Founded in 1894, Banco BPM Formed in 2017 from Merger of Banco Popolare & Banca Popolare di Milano United States $83 Billion Media Giant Comcast Broadcast Unit (Sky) to Buy UK $3.7 Billion Broadcaster ITV Business (ITV Media & Entertainment) for $2.1 Billion (£1.6 Billion, Include Debt) in All-Cash Deal  Switzerland $318 Billion Pharmaceutical Giant Novartis to Buy UK Biotechnology Company Myricx Bio for $1.5 Billion ($1.1 Billion Upfront & $400 Million Contingents) in All-Cash Deal, Myricx Bio Founded in 2019 by Ed Tate, Roberto Solari & Andrew Bell UK-United States $96 Billion Private Equity Firm Lone Star Funds to Buy Germany $16 Billion Tire Maker Continental Industrial Material Business (ContiTech) at $4.6 Billion (€4 Billion, Include $284 Million Contingents) Valuation in All-Cash Deal  United States $315 Billion Alternatives Asset Manager Blue Owl Capital (European Net Lease Fund) & UK Asset Manager Moor Park Capital Partners Buy 12 UK Private Hospitals (Operated by Spire Healthcare Group) for $1.7 Billion (£1.3 Billion) from Malaysia $354 Billion Pension Employees Provident Fund (EPF) Billionaire & Amazon Founder Jeff Bezos (Age 62) with $280 Billion Fortune Space Exploration Company Blue Origin to Raise $10 Billion in First External Funding at $130 Billion Valuation, Founded in 2000 by Jeff Bezos Latest Latest Singapore Land Authority URA (Urban Development Authority) Issues Advisory on Property Developer Sales to Implement Money Laundering Controls & Due Diligence in Risk-Proportionate Manner According to Nature & Complexity of Property Transactions and Buyer Risk Profile, 1) High Risk Buyers Checks Include Verifying Identity of Buyers, Beneficial Owners, Source of Wealth & Source of Funds, 2) Developers Will Need to File Suspicious Transaction Report for Suspected Illicit Activities or Funds, 3) Developers Need to Check Buyers are Not in Singapore MAS & United Nations Sanction Lists, 4) For Majority of Cases & Low-Risk Buyers – Developers Not Required to Conduct Enhanced Customer Due Diligence (ECDD) Malaysia Casino Resorts World Sentosa (Singapore) Unable to Claim $4.6 Million (S$5.93 Million) Gambling Debt (Registered in Singapore High Court in 2018) Against Malaysia Debtor Lee Fook Khuen (With $10 Million Casino Credit Facility) in Malaysia Bankruptcy Filing, Resorts World Sentosa was Successful in Bankruptcy Filing Until Malaysia Court Ruled Gambling Debts & Related Credit Facilities are Void (void ab initio), Has No Legal Obligation & Not Enforceable in Malaysia, Ruling Made in Landmark Case in 2025 March Datuk Ting Ching Lee v Ting Siu Hua South Korea Competition Authority (Korea Fair Trade Commission) Starts Investigating World Largest Shipping Container Manufacturing Companies Which are Charged in United States for Conspiracy to Restrict Production & Price Fixing of Nearly All Global Standard Unrefrigerated Shipping Containers Over 4 Years from 2019 to 2024 China State Administration for Market Regulation (SAMR) Issues $529 Million (CNY 3.6 Billion) Fines & Confiscations on China 7 e-Commerce & Services Platforms and Representatives for Fraud with Merchants Operating Without Physical Presences, 7 Platforms are Pinduoduo, Meituan, JD.com, Ele.me (Taobao Flash Buy), Douyin, Taobao & Tmall China Guangxi Zhuang Autonomous Region (GZAR) Nanning City Inflated Government Revenue for 2024 by $417 Million via Local State-Owned Enterprises with Fake Land Fees Arrangement, 1) 1 Land Plot was Sold 18 Times, 2) 15 Land Plots Transferred to Nanning City Government-Owned Enterprises for Free But Reclassified as Land Sales Including 1 Land Plot at $73.5 Million Australia $8 Billion Logistics Software Company WiseTech Global Billionaire Founder & Chairman Richard White with $5 Billion Fortune Steps Down as Chairman with Immediate Effect (7/7/26) Following Investigation by Australia Police for Allegedly Taking Advantage of Woman Immigration Status in Exchange for Sex & Provided Incorrect Information for Visa Application, WiseTech Global Founded in 1994 by Richard White & Maree Isaacs Germany $182 Billion Insurance & Asset Management Giant Allianz to Cut 1,800 Jobs at Insurance Subsidiary Allianz Partners in Europe Representing 8.2% of 22,000 Global Workforce, Allianz Partners Provides B2B2C Insurance & Assistance (Include International Health & Life, Travel Insurance, Automotive & Assistance), Commercial Brands are Allianz Assistance, Allianz Automotive, Allianz Travel & Allianz Care China Payment Service Company Kaidianbao Files for Bankruptcy with China Court Hearing Scheduled in 2026 July (16/7/26) Japan Credit Card Payment Company Zentoshin Files for Bankruptcy (6/7/26) with $709 Million (JPY 115.2 Billion) Debts, Japan Banks Including Towa Bank & San ju San Financial Group Will Writedown Loans Provided to Zentoshin Latest Latest