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Shanghai municipal government office issued opinions to deepen the city's global asset management centre. Measures include optimizing the QFII regime and orderly expanding the range of futures and options available to qualified foreign investors; con

2026-06-02

Shanghai municipal government office issued opinions to deepen the city's global asset management centre. Measures include optimizing the QFII regime and orderly expanding the range of futures and options available to qualified foreign investors; continuing the QFLP pilot with one-stop acceptance for entity setup to speed cross-border investment; supporting eligible asset managers to meet client cross-border demand via QDII channels; and improving QDLP pilot quota efficiency and promoting quota recycling.

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2026-06-02

Forbes real-time list shows SoftBank founder and CEO Masayoshi Son's net worth rose to US$100.7bn on June 2, surpassing Mukesh Ambani and Gautam Adani. SoftBank shares rallied as much as 14.71% yesterday, lifting market value to ¥48.0 trillion (about

Forbes real-time list shows SoftBank founder and CEO Masayoshi Son's net worth rose to US$100.7bn on June 2, surpassing Mukesh Ambani and Gautam Adani. SoftBank shares rallied as much as 14.71% yesterday, lifting market value to ¥48.0 trillion (about US$306bn) and briefly overtaking Toyota’s roughly ¥46.0 trillion, ending Toyota’s more-than-20-year run as Japan’s largest listed company by market cap. At today’s Tokyo close SoftBank market cap was ¥49.3 trillion versus Toyota ¥44.92 trillion.
2026-06-02

Ukrainian Air Force: Russia launched 656 drones and 73 missiles at Ukraine overnight.

Ukrainian Air Force: Russia launched 656 drones and 73 missiles at Ukraine overnight.
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