Iran’s procurement network had an Orange County address

Iran’s procurement network had an Orange County address

Federal prosecutors have alleged that an Orange County technology executive, Jamshid Ghomi, 63, spent years supplying US equipment to Iran’s nuclear program and to entities linked to the Iranian Revolutionary Guard Corps (IRGC). Meanwhile, he enjoyed a comfortable life in Newport Coast, one of Orange County’s most exclusive enclaves. The case exposes a blind spot…

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Maybank handles RM20 billion deals for Singapore, Malaysia hub

Maybank handles RM20 billion deals for Singapore, Malaysia hub

The bank is in a prime position to benefit from growth generated by the economic zone for both countries Published Tue, Jun 9, 2026 · 10:31 AM [HONG KONG] Malayan Banking said that the Johor-Singapore special economic zone will drive further expansion, with Malaysia’s biggest lender having facilitated about RM20 billion (S$6.3 billion) in financing…

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UBS reduces Asia ESG staff by half in global restructuring

UBS reduces Asia ESG staff by half in global restructuring

The retrenchment comes after a broader pullback among global banks from dedicated ESG financial strategies Published Tue, Jun 9, 2026 · 09:34 AM [HONG KONG] UBS Group has slashed its sustainability office in Asia, cutting its headcount by half in recent months as part of a broader global restructuring, according to people familiar with the…

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SpaceX IPO is well oversubscribed with US$10 billion orders

SpaceX IPO is well oversubscribed with US billion orders

Retail investors can still submit orders for shares on some platforms beyond the deadline Published Tue, Jun 9, 2026 · 09:33 AM SPACEX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about US$10 billion or more of shares, according to people familiar with the matter, as demand builds for a…

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Alphabet taps Intel to make three million in-house chips: report

Alphabet taps Intel to make three million in-house chips: report

The chipmaker has secured billions of US dollars of investments from the Trump administration, Nvidia and SoftBank Published Tue, Jun 9, 2026 · 07:31 AM [BENGALURU] Alphabet’s Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday (Jun 8), citing sources with…

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