Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
US Reviewing Visa Denial for Venezuelan Little League Team Barred from World Series 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
What makes a good football coach? The reality behind the myths 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
South32 Sells Major Aluminium Assets to Alcoa in Deal Worth Up to $5.6 Billion 
US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown 
Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
NBA star LeBron James has become a Major League Pickleball (MLP) owner as a part of a consortium that includes NBA champions Draymond Green and Kevin Love.
With the ownership consortium in place, MLP stated that it aims to expand the community beyond its current participants into more diverse communities globally.
MLP will have 16 teams instead of 12 in 2023, and players will compete in six events spread over six cities for more than US$2 million.
The Miami Open tournament director and former US tennis champion James Blake are among the high-profile owners on MLP's list, which also includes Super Bowl champion Drew Brees and co-owner Marc Lasry of the Milwaukee Bucks.
The league, which was established in 2021, identifies itself as the "standard-bearer" for pickleball in the US.
The tennis-like game of pickleball, which was created in 1965, has been labeled the fastest-growing sport in the US, where there are reportedly 4.8 million players.
The sport’s global governing body, the International Federation of Pickleball (IFP) has around 70 member nations but is yet to be recognized by the Global Association of International Sports Federations (GAISF). USA Pickleball has approximately 56,000 members.
James and his fellow investors will feel they are on to a winner, but the sport is still taking shape.
