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Japanese data center operator Sakura Internet is considering increasing its spending sevenfold to meet demand.

41 minutes ago

Bloomberg reported on May 25 that Sakura Internet Inc. may hike its capital expenditures to nearly seven times its initial plan to keep pace with surging demand for artificial intelligence (AI) in Japan, according to CEO Kunihiro Tanaka. The Osaka-based data center firm is considering investing up to ¥20 billion to ¥30 billion (roughly $125 million to $190 million) in the current fiscal year. Tanaka noted that this total is far higher than the ¥4.4 billion capital expenditure (capex) plan the company unveiled last month. ### Notes on American English conventions adapted here: 1. Used common business/news terminology like "hike" (instead of generic "increase"), "surging demand" (more natural for rapid growth), and "capex" (standard shorthand for capital expenditure in U.S. financial coverage) 2. Tightened sentence structure to fit concise news style (avoided redundant phrasing) 3. Preferred casual yet professional terms like "roughly" (instead of formal "approximately") and "unveiled" (common for announcing corporate plans) 4. Followed U.S. news flow: led with the core announcement first, then supporting details, aligned with how American financial outlets structure briefings.
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Crypto KOL nobrainflip has purchased 11.636 million VIRL tokens, equivalent to around $37,800.

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Influencer @nobrainflip, with 562.8K followers, also bought 11.636M $VIRL($37.87K).

Influencer @nobrainflip, with 562.8K followers, also bought 11.636M $VIRL($37.87K).

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WTI Crude Oil Futures Plunge 6% Intraday

May 25th, according to Bitget’s market data, WTI crude oil futures plummeted 6% intraday and are now trading at $90.80 per barrel.

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U.S. Secretary of State: Potential Agreement with Iran Could Still be Signed as Early as Monday

May 25 – U.S. Secretary of State Pompeo stated that with negotiations with Iran still underway, a potential agreement between the two sides could be signed as early as this coming Monday, per FX168.

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Singapore is seeking to shorten the time required for wealthy individuals to open a bank account to one month.

May 25 — The Monetary Authority of Singapore (MAS) is teaming up with private banks to speed up account openings via a "risk-based approach," according to Bloomberg. The move comes as Singapore’s standing as a top global wealth management hub continues to rise, drawing heightened attention to the initiative. Chia Der Jiun, MAS’s managing director, shared the update during Monday’s UBS Asian Investment Conference in Singapore. The regulator aims to cut the typical account opening timeline to within one month, down from the current median of roughly six weeks — a window that stretches even longer for complex cases now. Chia explained the initiative balances keeping banks to strict due diligence standards while cutting out unnecessary or overzealous checks on customers’ wealth sources. This approach avoids overly burdensome scrutiny while still upholding compliance requirements, aligning with Singapore’s goal of strengthening its wealth management ecosystem without slowing service acces

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US Media: US and Iran Have Agreed on Full Opening of the Strait of Hormuz

Breaking Update: May 25. The Washington Post reported Tuesday (May 24) that the U.S. and Iran have reached a preliminary framework for a memorandum of understanding (MOU). Once signed, this framework will fully restore all shipping in the Strait of Hormuz within 30 days. According to an anonymous senior U.S. official, the draft MOU framework includes a 60-day ceasefire extension, giving both sides time to work out a final agreement to permanently end hostilities—with Iran committing not to pursue nuclear weapons. During this 60-day window, mines in the Strait of Hormuz will be cleared and the waterway reopened. The official noted the MOU includes an Iranian commitment on the nuclear issue, and the U.S. and Iran will hash out enforcement mechanisms over the next two months. Importantly, no actual agreement was signed by the U.S. or Iran on May 24, a diplomatic source with direct knowledge told The Washington Post. Once the MOU is signed, Iran will immediately reopen the Strait of Horm

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