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 Malaysia Asset Management Industry Reports $281 Billion (MYR 1.14 Trillion) AUM in 2025 & 58 Fund Managers in 2026 March, Top 5 Fund Managers Represents 54% of Total AUM Equivalent to $152 Billion, 2025 Asset Allocation – Equity 46.7%, Fixed Income 22.9%, Money Market 13.7%, Unit Trust 5.2%, Private Equity 1.6%, Others 7% United States-Ireland $19 Billion Online Sports Betting & iGaming Giant Flutter Entertainment to Delist from London Stock Exchange (LSE) on 3rd August 2026 (Last Trading Day: 31/7/26) & Retains Primary Listing on NYSE (New York Stock Exchange), Flutter Entertainment Formed in 2016 from Merger of Power & Betfair as Paddy Power Betfair and Renamed to Flutter Entertainment in 2019, Owns Brands Including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Snai, tombola, Betfair, MaxBet, Junglee Games, Adjarabet & Betnacional, Current Market Value at $19.2 Billion, Share Price -49.3% YTD, -59.2% Last 12 Months & -42.2% Last 5 Years China $43 Billion Pharmaceutical Giant WuXi AppTec Files Wrongful Lawsuit Against United States Department of Defense for Inclusion in List of China Military Companies Operating in United States Which Include Alibaba, Baidu, BYD, CATL, ChangXin Memory Technologies, China COSCO SHIPPING, China Mobile Communications, China Telecom, Hesai Group, Huawei, NIO, SenseTime & WuXi AppTec China Steel Company Jingye Group Seeks Compensation for Losses on British Steel Ltd after UK Government Proposed The Steel Industry (Nationalisation) Bill to Grant Government Power to Nationalize Steel Companies Including British Steel Ltd Which is Owned by China Steel Company Jingye Group, British Steel Ltd Management was Taken Over by UK Government in 2023 to Prevent Jingye Group from Stopping Operations after Incurring Huge Losses (£231 Million) China Clinical-Stage Biotech Company HJ Science Hong Kong IPO to Raise $130 Million at $768 Million Valuation with Expected IPO Listing on 23rd June 2026, Founded in 2017 by Ji Jianxin China $3.5 Billion Lithium Battery Separator Company Shenzhen Senior Technology Material Hong Kong Secondary Listing IPO to Raise $171 Million with Expected IPO Listing on 23rd June 2026, Founded in 2003 by Chen Xiufeng, Current Market Value at $3.5 Billion, Share Price +17.9% YTD, +81.9% Last 12 Months & -6.3% Last 5 Years Elon Musk SpaceX $1.8 Trillion Nasdaq IPO 2026 June (12/6/26) Fast Facts: 1) Elon Musk (Age 54) Becomes World First Trillionaire with $1.1 Trillion Fortune ($1,000,000,000,000), 2) SpaceX Becomes 7th Largest Company in the World (Nvidia, Alphabet, Apple, Microsoft, Amazon, TSMC, SpaceX) with $2.1 Trillion Market Value after Share Price Increased +19.2% on Day 1 Trading (12/6/2), 3) SpaceX Nasdaq IPO Raised $75 Billion at $1.77 Trillion Valuation, 4) SpaceX (Space Exploration Technologies) Founded in 2002 by Elon Musk, 5) Elon Musk Will Receive Full $760 Billion Share Payout if SpaceX Market Value Reaches $7.5 Trillion & Setup Human Settlement on Mars for 1 Million People Trillionaire Elon Musk with $1.1 Trillion Fortune SpaceX (Space Exploration Technologies) Nasdaq IPO Share Price Increased +19.2% on Day 1 Trading (12/6/26: IPO Price $135, Closing $160.95) to $2.1 Trillion Market Value & Raised $75 Billion in IPO, SpaceX Founded in 2002 by Elon MuskaTrillionaire Elon Musk with $1.1 Trillion Fortune SpaceX (Space Exploration Technologies) Nasdaq IPO Share Price Increased +19.2% on Day 1 Trading (12/6/26: IPO Price $135, Closing $160.95) to $2.1 Trillion Market Value & Raised $75 Billion in IPO, SpaceX Founded in 2002 by Elon Musk Billionaire & Amazon Founder Jeff Bezos (Age 62) with $250 Billion Fortune United States AI Lab Startup Project Prometheus Raised $12 Billion at $41 Billion Valuation, Founded in 2025 by Jeff Bezos & Vikram Bajaj and Launched with $6.2 Billion Funding Thailand Largest Hotel & Restaurant Operator $3.8 Billion Minor International (MINT) Reviewing Singapore IPO of Restaurant Business Minor Food instead of Hong Kong IPO, Minor Food Operates Brands Including Burger King & Dairy Queen, Minor International Founded in 1967 by William Heinecke at Age 17 Who Now Has $1.5 Billion Fortune China Smart Home Appliances & Robotic Vacuum Cleaner Maker Dreame Technology to Raise Pre-IPO Funding at $9.6 Billion Valuation & Plans Hong Kong IPO in 2027, Founded by in 2017 by Yu Hao UAE Abu Dhabi Investment Office & Abu Dhabi Global Market (ADGM) Held 2026 Abu Dhabi Investment Forum in Shanghai on 12th June 2026, Abu Dhabi Chamber & Invest Shanghai Sign MoU to Strengthen Trade Cooperation China CITIC Securities Subsidiary CITIC CLSA (CITIC Securities International / CSI) “CLSA” Name to be Dropped in 2027, CLSA Founded in 1986 as Credit Lyonnais Securities Asia in Hong Kong by 2 ex-Journalists (Gary Coull & Jim Walker), CLSA Acquired by CITIC Securities in 2013 for $1.2 Billion Federation of Investment Managers Malaysia Reports $145 Billion (MYR 588.97 Billion) AUM for Unit Trust Scheme & Private Retirement Scheme and 56,227 Individual Consultants in 2025 AIA Hong Kong & Macau Launches New Participating Whole-Life Savings Plan (Wealth Flexi Savings Insurance Plan) for HNWs Allowing for 1) Legacy Planning (Transitional Owner Arrangement, Health Impairment Option, Death Benefit Settlement Option, Beneficiary Flexi Option), 2) Liquidity Requirements (Flexi Withdrawal Option, Value Safeguard Option, Bonus Unlock Option) & 3) Currency Management (Currency Exchange Option) Indonesia, Hong Kong & China Central Banks Sign MoU to Promote Bilateral Currency Transactions in Indonesian Rupiah (IDR) & Offshore Chinese Renminbi (CNH) Between Indonesia & Hong Kong Japan Central Bank (Bank of Japan) Governor Kazuo Ueda (Age 74) is Hospitalized (Medical Treatment for Infected Liver Cyst) for 2 Weeks and Will Miss Policy Meeting in 2026 June (15/6/26 to 16/6/26) But Will Provide His View via Written Statement, Will Continue to Work Remotely & Expected to Attend Next Policy Meeting in 2026 July (30/7/26 to 31/7/26) Australia Court Issues $211 Million (AUD 300.2 Million) Fines on Collapsed Union Standard International Group & 2 Authorized Representatives for Misconduct as Issuer of Contracts for Difference (CFD) Resulting in Customers Losing Over $58 Million (AUD 83 Million) But the Firms Profiting in 95% to 99% of Cases, 2 Authorized Representatives are Maxi EFX Global AU (EuropeFX) & BrightAU Capital (TradeFred) UK Financial Conduct Authority (FCA) Fines BancTrust CEO Carlos Fuenmayor $1.3 Million (£99,600) for Failing to Disclose in BancTrust  Application Forms Submissions of Investigation, Sanction & Frozen Bank Accounts by US Financial Industry Regulatory Authority & National Financial Intelligence Unit of Venezuela in 2017 & 2019