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 UAE Dubai-Based Crypto Exchange Bybit with 85 Million Users Added to Singapore MAS Investor Alert List Which Lists 909 Non-Licensed Firms Offering Financial Services in Singapore, Hong Kong SFC Issued Warning in 2024 of Unlicensed Virtual Asset Trading Platform Bybit, Bybit Has 85 Million Users & Reports $20 Billion Average Daily Trading Volume, Founded in 2018 by Ben Zhou Yuchen & Yaxi Zhu KPMG Australia Client Data Leak Scandal: 1) KPMG Whistleblower Pressured to Resign from KPMG, 2) Whistleblower Computer was Secretly Searched for Possible Leak of KPMG Confidential Information, 3) Australia $1.4 Billion Real Estate Company Lendlease to Change Auditor from KPMG for Breach of Trust, 4) KPMG Global COO & Next New CEO Gary Wingrove & Head of Audit Julian McPherson Issued Apologies, 5) ex-KPMG Australia CEO Andrew Yates $700,000 (AUD 1 Million) Bonus Withheld UK Collapsed Mortgage Finance Company Market Financial Solutions (MFS) with $1.7 Billion Shortfall – $397 Million (£300 Million) of Mortgage Portfolio from Related Company Twinwin Ltd Not Registered (Property Lien), Twinwin Ltd is Held in Trust by Accountant Khemenand Hurhangee for Market Financial Solutions (MFS) Founder & CEO Paresh Raja, Accused of Receiving $551 Million (£408 Million) into Personal Bank Accounts in UK, Monaco, UAE & Singapore, Transferred at Least $1.7 Billion (£1.27 Billion) to Fund Lavish Lifestyle Including Buying 3 Rolls-Royce, 3 Ferrari, 3 Aston Martin & 2 Mercedes, Own Indirectly $1.3 Billion (£950 Million) of UK Residential Properties Singapore Fintech & Brokerage Longbridge Group Opens New Office in Singapore at Asia Square Tower 2 & Will Open Longbridge Cafe Singapore (Guoco Tower in Tanjong Pagar) in 2026 Q3, Longbridge Group Has 3 Business Segments in Securities, Technology & AI (Longbridge, LONGPORT Whale & LongbridgeAI), Longbridge Group Founded in 2019 by Nowa Zhu & Gavin Hu London Metal Exchange (LME) to Launch Shanghai Futures Exchange (SHFE) Steel Futures Contract (LME Steel HRC Shanghai) in 2026 October to Allow Traders Outside China to Trade & to Settle in Cash India $11.5 Billion Wealth & Asset Management Firm InCred Capital Launches Operations in United States with Opening of New York Office, Hires ex-JP Morgan & JM Financial Securities CEO Arunava Das as CEO of North America, InCred Capital is Subsidiary of InCred Group Founded in 2016 by ex-Deutsche Bank Head of Investment Banking APAC Bhupinder Singh Singapore $324 Billion Temasek Senior Management Appointments: 1) Mapletree Investments CFO Wendy Koh Appointed as Chief Financial Officer (CFO) Designate in 2026 August (1/8/26) & Will Assume CFO Role in 2026 October (1/10/26), 2) Png Chin Yee Will Relinquish Role as CFO & Continue as Temasek Singapore President, 3) Canada Pension Fund OMERS Ralph Berg Hired as Head of Europe and Head of the New Energy & Industrials (NEI) and Mobility & Logistics Teams, 4) Temasek Global Investments President Nagi Hamiyeh Takes on Expanded Role to Focus on Driving Strategic Performance & Outcomes Across Temasek Global Investments Portfolio Citigroup Appoints 19-Year Veteran Rajeev Garg as Head of Wealth for Citibank UAE (18/6/26) to Lead Wealth Business in UAE (Include Citigold, Citigold Private Client & Credit Cards), Citi Private Bank Will Continue to be Led by Mohannad Sleiman Hong Kong-Singapore MFO Raffles Family Office Hires 2 Senior Wealth Planners from UBS & DBS Private Bank with 1) 17-Year Credit Suisse Veteran Eileen Wee (UBS, Credit Suisse, HSBC & DBS Private Bank) as Head of Wealth Planning for Southeast Asia & 2) DBS Private Bank Daniel Lai (DBS Private Bank, Standard Chartered Bank, HSBC) as Head of Wealth Planning for Greater China Canada $1.1 Trillion RBC Wealth Management Hires 4 Senior Private Bankers in Hong Kong with 1) China Construction Bank Deputy General Manager of Private Banking Amanda Yeung (China Construction Bank, Credit Suisse, DBS & HSBC) as Team Head, 2) Felix Yuan (Standard Chartered Bank, Credit Suisse, BNP Paribas & China Merchants Bank) as Director, 3) Anthony Shiu (BNP Paribas, Citi Private Bank, CMB Wing Lung Bank, Merrill Lynch, ABN AMRO & Shanghai Commercial Bank) as Director & 4) Desmond Kwong (BNP Paribas, Julius Baer & HSBC) as Director United States Heart Drug Biotech Company Kardigan Nasdaq IPO Share Price Increased +37.5% on Day 1 Trading (18/6/26: IPO Price $16, Closing $22) to $2 Billion Market Value & Raised $400 Million in IPO, Co-Founded in 2023 by Tassos Gianakakos IMD Top 20 Most Competitive Economies 2026: Singapore, Hong Kong, Switzerland, Taiwan, UAE, Denmark, Ireland, Netherlands, Sweden, United States, Qatar, China, Saudi Arabia, Luxembourg, Malaysia, Canada, Australia, Norway, Finland & Bahrain China Clinical Stage Biopharmaceutical Alebund Pharmaceuticals Hong Kong IPO to Raise $147 Million at $980 Million Valuation with Expected IPO Listing on 29th June 2026, Founded in 2018 by Gavin Xia & Jin Tian China Optical Components Company Crealights Technology Hong Kong IPO to Raise $195 Million at $1.3 Billion Valuation with Expected IPO Listing on 29th June 2026, Founded in 2011 by Zhaoyang Hu Philippines Globe Fintech Innovations (Mynt) Finance Super App GCash Philippines IPO in 2026 to Raise $1 Billion at $8 Billion Valuation, Mynt Founded in 2015 as Fintech Joint Venture by Globe Telecom, Ayala Corporation & Ant Financial United States Billionaire Founders Larry Ellison (Oracle) & David MacNeil (WeatherTech) Jointly Buy Florida Waterfront Land for $67 Million from Real Estate Developer Stewart Satter, Larry Ellison Pays $35 Million & David MacNeil Pays $32 Million with the Land Plot to be Divided Taiwan Popular Singer Richie Jen Hsien-chi (Age 59) & Wife (Chen Che-yu) Buy Hong Kong 4-Bedroom Luxury Property at Belgravia (57 South Bay Road) in Repulse Bay for $8.8 Million (HKD 68.8 Million) via R N C Investment Hong Kong-Listed $313 Million CSI Properties Chairman & Founder Mico Chung Cho-yee & His Wife (Nina Kan Souk-yin) via Aqua Sole Company Sell Hong Kong 3,120 Sq Ft Luxury House (27 Plantation Road) at The Peak for $13 Million (HKD 105 Million) to Hu Hanyang in 2026 June, Property Bought for $1.5 Million (HKD 12 Million) in 1993 (33 Years Ago), CSI Properties Founded in 2003 by Mico Chung Cho-yee Who was Known as Right-Hand Man of Hong Kong Billionaire Li Ka-shing son Richard Li Tzar-kai United States Companies File Class Action Lawsuits Against 4 China Shipping Container Manufacturing Companies China International Marine Containers (CIMC), Shanghai Universal Logistics Equipment (Dong Fang International Containers), CXIC Group Containers & Singamas Container Holdings for Millions Lost to Conspiracy to Restrict Production & Price Fixing of Nearly All Global Standard Unrefrigerated Shipping Containers Over 4 Years from 2019 to 2024, Singapore Business Federation (SBF) Chairman & Shipping Container Company Singamas Container Holdings Chairman & CEO Teo Siong Seng Also Named in United States Class Action Lawsuits