Caproasia https://validator.w3.org/feed/docs/rss2.html UK Banks to Improve on Providing Basic Bank Accounts (No Fees & No Overdraft) after UK Financial Conduct Authority (FCA) Mystery Shopping Revealed Some Vulnerable Customers (Financial Hardship, No Standard Identification, No Fixed Address) were Directed to Unsuitable Online Applications & Standard Bank Accounts, 9 UK Banks are Required to Offer Basic Bank Accounts (Barclays, The Co-operative Bank, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest, Santander, TSB & Virgin Money) 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 Singapore-Based Healthcare Group Foundation Healthcare Holdings Singapore IPO Share Price Decreased -7.9% on Day 1 Trading (8/7/26: IPO Price $0.76, Closing $0.70) to $687 Million Market Value & Raised $187 Million in IPO, Founded in 2023 by Liaw Yit Ming & Dr Lee Hong Huei, Investors Include Temasek Subsidiary SeaTown Holdings (SeaTown Private Capital Master Fund) Latest Switzerland Index Provider STOXX (Subsidiary of ISS STOXX, Deutsche Börse Group) Buys France-Based Research-Driven Index Solutions Company Scientific Beta from Singapore Exchange (SGX) Hong Kong Exchange (HKEX) to Launch Weekly & Monthly Options on China Smart Manufacturer & Apple AirPod Maker $68 Billion Luxshare Precision Industry (9/7/26), Hong Kong Secondary Listing IPO to Raise $3.1 Billion with Expected IPO Listing on 9th July 2026, Founded in 2004 by Grace Wang Laichun & Brother Wang Laishen & IPO on Shenzhen Stock Exchange in 2010 $2.6 Trillion Amazon to Issue $25 Billion USD Bonds in 8 Tranches with Duration from 3 Years to 40 Years UK $1.1 Trillion Asset Manager Schroders Wealth Management (Include Cazenove Capital) Launches Global Wealth Advisory Service for UHNW Clients in UK with Scheduled Launch in Switzerland & Asia in 2026 2H, New Service Include Tax-Efficient Structuring, Intergenerational Wealth Transfer, Philanthropy & Cross-Border Planning, UK London Global Wealth Advisory Service Team Include Jonathan Brownlow & Ryan Thysse UK $1.1 Trillion Asset Manager Schroders to Sell UK Integrated Financial Advice Business Benchmark Capital to Sweden $123 Billion Financial Advisory & Investment Solutions Group Söderberg & Partners Singapore Temasek Reports Net Portfolio Value of $401 Billion (S$518 Billion) AUM in 2026 March, SGD Performance +10.5% in Last 12 Months, +7.1% 10-Year Return, +6.8% for 20-Year Return & +14% Since Inception in 1974, USD Performance +14.8% in Last 12 Months, +7.5% 10-Year Return, +8% for 20-Year Return & +15% Since Inception in 1974, Portfolio Allocation: 1) Temasek Portfolio Companies (TPCs) 43%, 2) Global Direct Investments (GDIs) 38%, 3) Partnerships, Funds & Asset Management Companies (PFAs) 19%, Portfolio 10-Year IRR – TPCs +8.1%, GDIs +7.6%, PFAs +7.7% China Autonomous-Driving Company Momenta Global Hong Kong IPO Share Price Unchanged on Day 1 Trading (8/7/26: IPO Price HKD 295.60, Closing HKD 295.60) with $8.9 Billion Market Value & Raised $751 Million in IPO, Founded in 2016 by Cao Xudong China Famous Actress Vicki Zhao ex-Husband Huang Youlong (China-Born & Singapore Citizen) Lost $41.5 Million (AUD 60 Million) in Australia Perth Casino (Crown Casino Perth) Over 6 Days in 2015 February, Losses Disclosed in Hong Kong Lawsuit Filed by Crown Melbourne ex-VP of Marketing (Michelle Chua Eh Fong) for Overdue 24% Annual Interest (Hong Kong Court Dismissed Lawsuit for No Right to Claim 24% Annual Interest), Crown Casino Perth Did Not Grant Huang Youlong Gaming Credit in 2015 (Outstanding Debts Owed to Other Casinos) Who Then Borrowed AUD 60 Million from Casino Junket Suncity Group, Principal Debt of AUD 60 Million was Fully Paid in 2019 Latest Latest 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 Thailand Securities and Exchange Commission (SEC) Opens Investigation on $965 Million of Thailand Telco Company True Corporation Share Filing & Total of $2.4 Billion Thailand Shares Filing Submitted by Thailand Individual Supaporn Pimphong (Form 246-2 Shareholding Disclosures Different from Company Shareholder Records), Supaporn Pimphong Filings Claimed $2.4 Billion (Current Value) Shareholdings of $13.4 Billion True Corporation 7.09%, $160 Million Major Cineplex Group 9.99%, $16.2 Billion Kasikornbank 5.1%, $10.9 Billion Bangkok Bank 5.01%, $426 Million Asia Aviation 5.33% & $99 Million GJ Steel 48.6% & 80.9% in 2 Different Filings China $39 Billion e-Commerce Giant JD.com Buys Hong Kong Silka Seaview Hotel (Yau Ma Tei, Kowloon) for $96 Million (HKD 750 Million) from Hong Kong $269 Million Property Company Far East Consortium International (Charter Joy), Silka Seaview Hotel to Convert Into Student Housing & Managed by Far East Consortium International with Guaranteed Income for 3 Years, Far East Consortium International Founded by Late Deacon Chiu Te-ken (Founder of Far East Bank & Acquired by Bank of East Asia in 2000) China $555 Billion Tech Giant Tencent Sells $1.5 Billion China $24 Billion Short Video & Social Platform Kuaishou Technology Shares at 6% Discount to Closing Price (6/7/26) via Block Trade after Kuaishou Technology Spinoff China AI Image & Video Generator Kling AI to Raise $3 Billion at $18 Billion Valuation, Tencent Owns 9.37% Stake Post-Transaction Indonesia Government Plans International Financial Centre Zone with 1) 0% Income Tax for Selected Businesses & Foreigners (Financial Sector Experts), 2) Non-Resident Tax Status to Foreigners with Golden Visas, 3) Tax Exemption (Include Withholding Tax) for Dividends & Investment Returns, 4) Value-Added Tax Waiver, 5) Luxury Goods Sales & Import Duties Waiver, 6) Businesses Not Allowed to Raise Indonesia Public Funds, 7) Businesses Not Allowed to Conduct Businesses with Indonesia Customers Outside of International Financial Centre, 8) Allowed Businesses Include Banking, Insurance, Pension Services, Capital Markets, Bullion, Family Offices, Financial Activities & Professional Services (Include Accounting, Legal Counsel & Financial Consulting), 9) Financial & Administrative Autonomy with Special Legal Provisions, Special Court & Arbitration Body, 10) International Financial Centre Zone Led by Council Which is Led by Governor Indonesia $1 Trillion Sovereign Wealth Fund Danantara (BPI Danantara) Completes Merger of 4 Indonesia Asset Management Businesses into 1 Entity Mandiri Manajemen Investasi with 1) Bank Rakyat Indonesia (BRI), 2) Bank Mandiri, 3) Bank Negara Indonesia (BNI) & 4) Permodalan Nasional Madani, Acquired under Danantara Asset Management for $159 Million India Fitness Platform Company Cult.Fit Plans India IPO to Raise $100 Million at $2 Billion Valuation, Founded in 2016 by Mukesh Bansal & Ankit Nagori as Cure.Fit, Investors Include Temasek Holdings, Schroders Capital, Accel, Tata Digital, Kalaari Capital & Chiratae Venture Germany Fusion Energy Startup Proxima Fusion Raised $468 Million (€411 Million) in New Funding Round at $2.7 Billion (€2.4 Billion) Valuation, Founded in 2023 as Spin-Out from Max Planck Institute for Plasma Physics (IPP) by Francesco Sciortino, Lucio Milanese, Jorrit Lion & Martin Kubie, Investors Include XTX Ventures, East X Ventures, RWE, Google, KfW Capital, SPRIND, Burda Principal Investments, Plural, UVC Partners, Balderton, Cherry Ventures, DST Global Partners, Brevan Howard Macro Venture, Lightspeed, DTCF, redalpine, Leitmotif, Elaia, CDP Venture Capital, Bayern Kapital & EIC Fund $337 Billion HSBC Tightens Private Credit Lending Including to Private Credit Funds, HSBC Group Has Not Invested $4 Billion into HSBC Asset Management Private Credit Funds as Announced in 2025, Took $1.3 Billion Charge in 2026 for Credit Losses Including $400 Million for Fraud-Related Credit Exposure to UK Collapsed Mortgage Finance Company Market Financial Solutions (MFS) with $1.7 Billion Shortfall Latest Latest