Caproasia https://validator.w3.org/feed/docs/rss2.html Canada Payments Infrastructure Firm Nuvei to Buy United States $2.4 Billion Cross-Border Payments Company Payoneer for $2.75 Billion in All-Cash Deal, Nuvei Founded in 2003 by Philip Fayer as Pivotal Payments, Payoneer Founded in 2005 by Yuval Tal & Yaniv Chechik. Payoneer Current Market Value at $2.4 Billion, Share Price +29.1% YTD, +6.6% Last 12 Months & -29.1% Last 5 Years 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 $55 Billion APAC Private Equity Group PAG Buys 50% Stake in New Zealand Auckland PwC Tower at $344 Million (NZD 600 Million) Valuation from New Zealand $1.1 Billion Precinct Properties Group in New Investment Partnership, Precinct Properties Group Will be Investment & Asset Manager United States $1 Trillion Private Equity Firm Apollo Capital Management NYSE-Listed $1.4 Billion Commercial Real Estate Trust (Apollo Commercial Real Estate Finance) Announced to Dissolve & Liquidate after Selling $9 Billion Loan Portfolio to Athene Holding & Expects to Receive $1.4 Billion Net Cash, Current Market Value at $1.4 Billion, Share Price +9.8% YTD, +9.7% Last 12 Months & -31.9% Last 5 Years Ex-Deutsche Bank Trader & Billionaire Founder Alex Gerko (Age 46) with $17 Billion Fortune Quant Trading Firm XTX Markets (XTX Finland OY) Files Ireland Lawsuit Against $265 Billion Computer Giant Dell Technologies for $62 Million to $70 Million Price Increase in Data Centre Contracts (1,680 Computer Servers in Finland) Instead of Agreed $549 Million Price (XTX Markets Agreed to Pay Additional $5 Million to Avoid Future Price Increase) Ex-Deutsche Bank Trader, Billionaire & Founder of Quant Trading Firm XTX Markets Alex Gerko (Age 46) with $17 Billion Fortune & 12 ex-GSA Capital Traders to Pay $30 Million (£22.5 Million) Tax on Deferred Trading Profits after Losing UK Lawsuit to Challenge UK HMRC (His Majesty’s Revenue & Customs) $30 Million (£22.5 Million) Tax on Deferred Trading Profits, UK HMRC Won UK Lower Courts to Apply Individual Tax (Higher Tax) Instead of Corporate Tax (Lower Tax) China AI Startup Manifold AI Raised $100 Million in Pre-Series A Funding, Launched in 2025 by Wu Wei & Tsinghua University (FIB Lab), Investors Include Guoxin Fund, CRHC Fund, InnoVen Capital, BAIC Capital, KHK Fund & Xinen Ventures Switzerland AI Research Lab Startup Prem AI (Prem Labs) to Raise $100 Million in Series A Funding at $500 Million Valuation, Founded in 2023 by Simone Giacomelli & Filippo Pedrazzini Europe $307 Billion Private Equity Group EQT to Buy UK Quality Assurance Company Intertek for $12.2 Billion (£9.3 Billion) in All-Cash Deal, Representing +59% Premium to Unaffected Closing Price (9/4/26), Intertek Founded in 1885 by Caleb Brett, Current Market Value at $11.8 Billion, Share Price +27.7% YTD, +22.8% Last 12 Months & +5% Last 5 Years Australia Court Fines HSBC Bank Australia $25 Million (AUD 35 Million) for Serious Failures to Protect HSBC Customers from Scams Including 1) Taking Average of 144 Days to Investigate Customer Scam Reports, 2) Not Applying Rules to Determine if Customers or Bank Should Bear Losses from Scams & 3) Inadequate Systems in Place to Help Customers Back into Banking after Scams & 4) Did Not Implement Internal Controls at Payment Rail Where Majority of Losses Occurred, HSBC Paid AUD 21.5 Million in Compensation & Recovered AUD 6.5 Million for Customers Indonesia TaniHub $25 Million Investment Fraud Court Case – Indonesia Court Sentenced 4 ex-Executives of MDI Ventures & BRI Ventures to 2-Year to 5-Year Jail Terms for Charges Including Investment Fraud & Investment Failures Resulting in $25 Million Losses, 1) ex-CEO of MDI Ventures (Telkom Indonesia Subsidiary) Donald Wiharja to 5-Year Jail Term & $28,000 Fine, 2) ex-MDI Ventures VP of Investment Aldi Adrian Hartanto 2-Year Jail Term & $14,000 Fine, 3) Bank Rakyat Indonesia (BRI) Subsidiary BRI Ventures ex-CEO Nicko Widjaja 3-Year Jail Term & $20,000 Fine & 4) BRI Ventures ex-VP of Investments William Gozali 2-Year Jail Term & $14,000 Fine China Securities Regulatory Commission (CSRC) to Allow Non-Profitable Artificial Intelligence (AI) Startups to IPO on Shanghai STAR Market Hong Kong Accounting and Financial Reporting Council (AFRC) Issues Reprimands & $97,000 (HKD 760,000) Fines on 3 ex-Certified Public Accountants (CPAs) Mak Kwong Yiu, Chan Lai Yee & Wong Shuk On after Hong Kong Court Convictions on Conspiracy to Defraud Related to Bond Placements by Previously Hong Kong-Listed Convoy Financial Holdings FOMC Meeting 2026 June: United States Fed Maintains Interest Rate at  3.5% – 3.75% Range, Target Inflation at 2% Singapore 6-Month T-Bill Result (18th June 2026): S$8.2 Billion Allotted with Average Yield at 1.32%, Median Yield at 1.43% & Cut-Off Yield at 1.47% Australian Securities & Investments Commission (ASIC) Investigates Private Credit Funds & Issues Warning to Private Credit Funds on Realistic Assumptions on Asset Valuations, Australia Private Credit Sector at $132 Billion (AUD 200 Billion) in 2025 $871 Billion JP Morgan Removes Access for Hong Kong Bankers to Anthropic AI Model Claude, Goldman Sachs Removed Access & Issued Ban on Hong Kong Bankers Using Anthropic AI Model Claude in 2026 April Hong Kong Exchange (HKEX) & Hong Kong Monetary Authority (HKMA) Launch Joint Pilot Program to Use e-HKD (Digital Currency) as Advance Margin Payments for After-Hours Trading (AHT) Session in Derivatives Market Hong Kong Exchange (HKEX) Renews MoU with China Financial Futures Exchange (CFFEX) to Collaborate & Promote Development of Hong Kong & Shanghai Financial Markets Hong Kong SFC to Launch 5-Year China Government Bond (CGB) Futures in 2026 August (3/8/26) to Provide International Investors with Offshore Hedging Tool for Risk Management & Participation in China Mainland Treasury Bond Market, Foreign Investors Held $295 Billion (RMB 2 Trillion) China Government Bonds (CGBs) in 2026 May