Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
Google Secures Pentagon AI Deal for Classified Projects 
Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions 
Australia Inflation Surges in March as Fuel Prices Spike Amid Middle East Conflict 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition 
Kopi Kenangan raised $96 million in a Series C funding round, which it could use to expand both domestically and overseas with a focus on Southeast Asia.
The round, which valued the company at more than $1 billion, was led by Hong Kong's Tybourne Capital Management, with participation from existing investors that included Li Ka-shing’s Horizons Ventures and Eduardo Saverin’s B Capital, among others.
Kopi Kenangan’s cofounder and CEO, Edward Tirtanata, said they aim to be the most-loved consumer brand in Southeast Asia, as part of its five-year vision.
He added that they are committed to rapidly expanding to thousands of stores across Southeast Asia and broadening their offerings,”
Since Tirtanata co-founded the company in 2017, the company has grown to become the second-largest coffee chain in the country with over 600 outlets in 45 cities across Indonesia.
Kopi Kenangan positions itself between international coffee chains’ high-priced coffees and the cheap instant coffee sold in street stalls.
The brand has expanded its product offerings to include Chigo fried chicken, Cerita Roti bread, and soft-cookie brand Kenangan Manis.
In spite of the pandemic, Kopi Kenangan has opened 191 new stores this year, 41 percent more compared to the previous year. It served 40 million cups of coffee in the last 12 months, up from 30 million in the previous year.
