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 Singapore Exchange (SGX) iEdge Singapore Next 50 Indices June 2025 Update (Effective 22/6/26): iEdge Singapore Next 50 Liquidity Weighted Index Generated +12.3% Return YTD (2026 May), Straits Times Index +10.8% Return YTD (2026 May), 1) Adds 4 Companies (AEM Holdings, Top Glove Corporation, UI Boustead REIT & PC Partner Group), 2) Removes 4 Companies (Singapore Post, Digital Core REIT, Wee Hur Holdings & China Sunsine Chemical Holdings), Similar Changes Made on iEdge Singapore Next 50 Liquidity Weighted Index Latest Denmark $17 Billion Brewery Carlsberg to File for IPO of India Operations to Raise $700 Million at $3.9 Billion Valuation, Previous Report of 25% Share Sale for $790 Million at $3.1 Billion Valuation China AI Startup Moonshot AI to Raise $2 Billion at $30 Billion Valuation, Raised $2 Billion at $20 Billion Valuation in 2026 May, Founded in 2023 by Yang Zhilin, Investors Include Alibaba, Tencent & IDG Capital United States $938 Billion Private Equity Firm Apollo Global Management Ends Talk to Buy UK Thermal Processing Services Company Bodycote for $2 Billion (£1.52 Billion) in All-Cash Deal, Bodycote Founded in 1923 by Arthur Bodycote as G.R. Bodycote, Current Market Value at $1.6 Billion, Share Price -12.9% Last 5 Days, -0.6% YTD, +23.1% Last 12 Months & -17.7% Last 5 Years UK Financial Conduct Authority (FCA) to Confiscate $604,000 (£452,286.80) from Convicted Ponzi Fraudster  Daniel Pugh Who is Serving 7-Year & 6-Month Jail Term for $1.7 Million (£1.3 Million) Imperial Investment Fund (IIF) Ponzi Scheme with High Returns of 1.4% a Day, 7% a Week & 350% a Year, Raised $1.7 Million from 238 Investors Mainly via Facebook Advertisements UK Financial Conduct Authority (FCA) Issues New Rules & Guidance on Money Market Funds (MMFs), Key Changes Include Increase in Minimum Liquid Asset Requirement to 15% Daily Liquid Assets (DLA) & Increase to 50% Weekly Liquid Assets (WLA) Top Private Equity Firms Share Performance in 2026: Blackstone -28% YTD with $137 Billion Market Value, KKR -27.7% YTD with $84 Billion Market Value, Apollo -13% YTD with $78 Billion Market Value, EQT -18.1% YTD with $38 Billion Market Value, Partners Group -30.8% YTD with $19 Billion Market Value, Carlyle -28.4% YTD with $16 Billion Market Value & TPG -37.3% YTD with $16 Billion Market Value Latest Hong Kong Financial Service & Brokerage Valuable Capital to Close Business in China Mainland after Recent Crackdown by China Authorities on Brokerages Conducting Businesses in China Mainland Without Regulatory Licence, Valuable Capital Founded by China Internet Company Sina & Sina Social Media Platform Weibo Singapore 3rd Largest Bank $49 Billion UOB Announced Greater China CEO Appointments (1/7/26) with 1) Adaline Zheng Appointed as UOB China CEO Succeeding Peter Foo Who is Retiring & 2) George Tung Appointed as UOB Hong Kong CEO Succeeding Adaline Zheng Latest Latest Latest United States Digital Bank Forbright Nasdaq IPO to Raise $158 Million at $994 Million Valuation with Expected IPO Listing on 11th June 2026, Founded in 2003 by John Delaney Switzerland $54 Billion Alternative Investment Manager Pictet Alternative Advisors Raised $1.5 Billion for 6th Private Equity Co-Investment Fund (Monte Rosa Co-Investments VI) to Invest in Buyout, Growth & Venture Opportunities in 25 to 30 Co-Investments in North America, Europe & Asia, 40% of $1.5 Billion Already Deployed in 14 Transactions, Raised $900 Million for 5th Fund in 2023 France $95 Billion Insurance Giant Axa Launches New Wealth Management Platform Axa Global Private (AGP) to Provide HNWs & UHNWs Access to Multi-Jurisdictional Wealth Planning & Lifestyle Protection Solutions (Include Life, Wealth, Health, Luxury Homes, Art Collections, Kidnap, Ransom & Specialised Coverage for High-Value Assets), Will Operate from Hong Kong & Bermuda with Initial Focus on Asia HNW China Corruption: Ex-Chairman of Hong Kong-Listed CSSC (Hong Kong) Shipping Co Yang Li Investigated for Corruption Bank of China Shenzhen Branch ex-President Wang Shaojun & ex-Deputy Head of Credit Approval Xin Qiang Investigated for $6.8 Billion (CNY 46 Billion) Loan Exposure to China Tianjin Property Project, Originally Developed by Hong Kong ex-Billionaire Pan Sutong (Goldin Properties Holdings) China $519 Billion Tech Giant Tencent to Issue $4 Billion Bonds in 2 Currencies (USD & CNY), 4 Tranches with USD 10-Year Note, USD 20-Year Note, CNY 10-Year Note & 30-Year Note Singapore 2nd Largest Bank $82 Billion OCBC Launches Physical Gold Trading (Buy, Sell & Custody) for OCBC Institutional Clients & Private Banking Clients (Bank of Singapore), Gold Bars Available in 2 Sizes – 1) Large Bars (400 Troy Ounces / 12.4 kg) & 2) 1 Kilobars (1 kg), Large Bars are Global Standard for International Settlement, Kilobars are Preferred in Asian Markets Citibank & Germany Luxury Racing Carmaker Porsche Announced Partnership to Provide Citibank Citigold Private Client Customers in Singapore Birthday Celebrations with Exclusive Porsche Experiences, 1) 1-Day Unsupervised Test Drive in Any Porsche Model (Include Vehicle Handover & Orientation), 2) Breakfast at Porsche Studio Singapore & 3) Guided 60 to 90 Minutes Test Drive with Porsche Product Specialist, Singapore Citigold Private Client Qualifying Criteria Require at Least S$1.5 Million AUM, IPB Clients Require at Least $1 Million AUM Singapore Sentosa Island $1.8 Million 112-Foot Italy Ferretti Luxury Yacht (Named EagleWings III) Caught Fire & Partially Sunk on 7th June 2026, Docked at ONE°15 Marina Sentosa Cove, Accommodates 53 Guests, Have 5 Cabins & Jacuzzi, Operator is EagleWings Yacht Charters, Ferretti Yachts Custom Line 112 Reselling For $1.8 Million to $4.5 Million Thailand Tax Authority May Start Bankruptcy Proceedings to Recover $542 Million Tax on Thailand ex-Prime Minister (2001 to 2006) & Billionaire with $2 Billion Fortune Thaksin Shinawatra (Age 76) in 2006 Sale of Telecom Company Shin Corp for $1.9 Billion Without Tax to Singapore Temasek, Thailand Supreme Court Reinstated $542 Million Tax Penalty in 2025 November