TASI ® Bank Continues Outreach To Bay Area Nonprofits
A long-time San Francisco-based financial institution, TASI® Bank actively supports nonprofit organizations throughout California. As a Minority Depository Institution (MDI), TASI Bank works closely with community group fundraising efforts. 'We are proud of our long-standing affiliation with several organizations and to be entering a new relationship with Junior Achievement,' says vice president of marketing Alan Gaul. 'We are aware of our community responsibilities and committed to fulfilling them at the highest service levels.' TASI Bank's support spans a range of programs, from sponsoring charity golf tournaments in Northern and Southern California, including an annual outing at San Francisco's Presidio Golf Course, to underwriting events like a May 18 PBS premiere at Prubechu restaurant in San Francisco. In the first quarter of 2025, the Bank highlighted five initiatives with nonprofits to raise funds and support community programs. The recipients are: • Bhartiya Mandal Foundation (BMF) TASI Bank is a major corporate sponsor of BMF's August 4 annual charity tournament at Stonetree Golf Course in Novato. Founded in 1973, BMF supports cultural awareness and community service. Board chair Satish Patel notes, 'We have a volunteer board of 18 and no professional staff. Annually, hundreds participate in our fundraising, raising over $400,000 for organizations like the San Francisco/Marin Food Bank. TASI Bank has been a primary supporter for a decade.' The board includes many second-generation Indian Americans active in local business and community life. • Curry Senior Center For the 16th consecutive year, TASI Bank will sponsor Curry Senior Center's annual fundraising gala in San Francisco. For over 50 years, the Curry Senior Center has provided holistic care to low-income and homeless seniors. TASI Bank vice president/branch manager Shirley Quitugua has served as board president for two years. 'Our biggest fundraiser, the annual Black and White gala, raised over $130,000 in 2024,' she says. 'Last year, we provided over 100,000 meals and served over 2,500 patients in our clinic.' Quitugua works closely with Executive Director Dave Knego and dedicates time to boosting board engagement. Curry provides no-cost services to more than 3,000 people annually, primarily in the Tenderloin. • Good Shepherd Gracenter For the 10th year, TASI Bank sponsors the annual Gracenter fundraising luncheon. Since 1987, the Sisters of the Good Shepherd have operated this San Francisco residential addiction recovery facility for women aged 18–35. As a licensed nonprofit, it offers transitional housing and a supportive community based on the 12 Steps of Alcoholics Anonymous. Quitugua began her involvement in 2009, inspired by her father's example. 'Gracenter, entirely funded by private donations, fills a vital community need that we are proud to support,' she says. Admission is based on determination to maintain sobriety, with fees on a sliding scale. • Junior Achievement Job Shadow® For the first time, TASI Bank partnered with Junior Achievement of Northern California (JA), serving 163 schools and over 51,000 students, to offer participants banking and financial literacy skills. JA Job Shadow is a comprehensive career exploration experience for grades 9–12, including six 45-minute sessions and two site visits. Recently, TASI Bank hosted 15 students from Galileo High School for a Job Shadow Day at its San Francisco branch. 'We are grateful TASI provided the opportunity for students to learn about banking,' says Ruby Damian, executive director. 'The feedback was very positive.' Gaul adds, 'Early exposure to financial literacy and banking is key to a young person's growth. Job Shadow gives students a safe space to ask questions and gain confidence.' Damian notes, 'JA programs like Job Shadows help students connect classroom learning to real-world opportunities.' • Peninsula Gujarati Association (PGA) The PGA, with over 2,000 members and no professional staff, provides donations to nonprofits supporting disaster relief and the COVID-19 crisis response. 'All of us are volunteers,' says board member Vinay Patel. 'We represent three generations. This year, our focus is on scholarship funding for the underprivileged. Service to the community is central in our culture.' The PGA also supports youth leadership and development through cultural events. TASI Bank is an annual sponsor of the PGA's golf tournament, its main fundraiser. Patel notes that TASI Bank's JA Job Shadow program involves Galileo High School, where many PGA members' families have studied. 'TASI has been a wonderful partner, very supportive year after year.'
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Jetstar Asia closure: Some customers confused, frustrated by poor communication; Air India plane crashes at Ahmedabad airport in India: Singapore live news
The Jetstar Asia closure has left some customers confused and frustrated over conflicting information, or a lack thereof. The Singapore-based airlines, operated by Qantas Group, announced on Wednesday (11 June) morning that it would be ceasing operations from 31 July. They added that Jetstar Asia flights would be operating with a "progressively reduced schedule". For a customer identified as Daniel, he told CNA that he didn't realise the schedule would be "progressively reduced" prior to its closure. An Air India plane crashed at India's Ahmedabad airport, said the police and the airline on Thursday (12 June). There were no details on fatalities from the crash but it was reported that there were more than 200 people on board the flight. Air India said that the flight was headed to Gatwick airport in London and that the plane was "involved in an incident". "At this moment, we are ascertaining the details and will share further updates," they said on X. Read more in our live blog below, including the latest local and international news and updates. An Air India plane crashed at India's Ahmedabad airport, said the police and the airline on Thursday (12 June). There were no details on fatalities from the crash but it was reported that there were more than 200 people on board the flight. Air India said that the flight was headed to Gatwick airport in London and that the plane was "involved in an incident". "At this moment, we are ascertaining the details and will share further updates," they said on X. Flight AI171, operating Ahmedabad-London Gatwick, was involved in an incident today, 12 June 2025. At this moment, we are ascertaining the details and will share further updates at the earliest on and on our X handle ( India… — Air India (@airindia) June 12, 2025 The crash occurred when the aircraft was taking off, television channels reported. Visuals showed debris on fire, with thick black smoke rising up into the sky near the airport. Police officers shared that the plane crashed in a civilian area near the airport. For more on the Air India plane crash, read here. Pop sensation Sabrina Carpenter has surprised fans with the announcement of her seventh studio album, Man's Best Friend, set for release on 29 August, 2025. Carpenter shared the news on Instagram on Wednesday (11 June) along with a photo of her on hands and knees in a black mini dress and black heels. Meanwhile, a man, which is cut out of the photo, is grabbing a her hair. View this post on Instagram A post shared by Sabrina Carpenter (@sabrinacarpenter) Man's Best Friend follows the success of her previous album Short n' Sweet – and the hit song Espresso – which earned her a Grammy for Best Pop Vocal Album earlier this year. The lead single, Manchild, dropped on 5 June, showcasing Carpenter's signature blend of synth-pop and introspective lyrics. For more on Sabrina Carpenter's new album, read here. A Singaporean woman was sentenced to six months' jail in Taiwan for stalking and harassing Golden Melody Award-winning singer Olivia Tsao Ya-wen. Cassandra Low, a woman in her 30s, was identified in a court judgment by the New Taipei District Court. The court found her guilty of endangering Tsao's personal safety, stalking and harassing her, and also publicly insulting the singer. It was reported that Low was a long-time admirer of Tsao and both parties have exchanged personal e-mails and messages over Facebook and Instagram since November 2023. However, the relationship soured after Tsao blocked Low on social media, with the latter issuing threats. In one Facebook post, Low wrote, "I can be very aggressive. The more stubborn she is... don't blame me for whatever I do to her parents." For more on the Olivia Tsao stalking incident, read here. Les Miserables The Arena Spectacular is coming to the Sands Theatre in Singapore in March 2026. The record-breaking concert tour is an expanded version of the Les Miserables The Staged Concert, and features an extraordinary and exciting new design specifically created for larger venues with a cast and orchestra of over 65. UOB cardmembers will have priority pre-sales with a 20 per cent discount. The first starts on Monday (23 June) at 10am, exclusively on Klook. The second will be on Tuesday (24 June) at 10am, and will be available through Marina Bay Sands Ticketing, SISTIC and Klook. Non-UOB cardmembers can sign up for the waitlist now to gain access to the waitlist pre-sale that will start on Tuesday (24 June) 10am. There will be a 15 per cent discount during this pre-sale. The public sale will start on Thursday (26 June) at 12pm, and will be available through Marina Bay Sands Ticketing, SISTIC and Klook. There will be a 10 per cent early bird discount. The concert tour just wrapped up its Australia dates and have now moved to Asia. It opens in Taiwan on Thursday (12 June), with its next stops being Japan and China. Cast details for the Singapore leg of the concert tour have yet to be confirmed or revealed. An Australian man was arrested after he allegedly shoplifted twice in the transit area of Changi Airport Terminal 1. On 11 June, the police said in a statement that they were alerted to a case of shop theft at a duty-free Shilla Cosmetics and Perfumes store at about 11.30pm. Investigations revealed that a man allegedly took a display bottle of facial product, valued at $466, and left without paying. Officers from the Airport Police Division identified the man and he was arrested on 1 June. Police also believe that the man is involved in another case of shop theft, also at Shilla Cosmetics and Perfumes, that occurred on 27 May. For more on the man's alleged shop theft spree, read here. An 85-year-old woman died after an accident involving a Comfort taxi near Kallang MRT on 10 June. The police were alerted at 10.35am to the accident on Lorong 1 Geylang towards Upper Boon Keng Road. The woman was unconscious and brought to Tan Tock Seng Hospital by the Singapore Civil Defence Force where she died. The 68-year-old male driver has been arrested for careless driving causing death, said the police on 11 June. For more on the accident near Kallang MRT, read here. More than 55,000 Palestinians have died in the Israel-Hamas conflict, according to Gaza health authorities. Local hospitals said that at least 21 people were killed on their way to provide aid at distribution centres. The cause of death for victims near the site are unclear, but the Israeli army said on Wednesday that it fired warning shots at "suspects" that posed a threat to troops. The numbers by the Gaza Health Ministry doesn't distinguish between civilians and combatants, and they said that women and children make up more than half the 55,000 dead. The war, which erupted on 7 Oct 2023 after a surprise Hamas attack, continues unabated despite international calls for a ceasefire. Israel's military maintains that operations are targeting militants, and blamed them for hiding among civilians. For more on the Israel-Hamas war death toll, read here. Trade talks between the US and China aimed at cooling tensions have ended in a deal, said US President Donald Trump. He shared that China will supply US companies with magnets and rare earth metals while the US will walk back its threats to revoke visas of Chinese students. "Our deal with China is done, subject to final approval from President Xi and me," wrote Trump on Truth Social. The talks were held over two days in London, starting from Monday (9 June) to address the conflicts that had emerged since the truce between both parties started in May. Details about the new agreement with China are limited, with White House press secretary Karoline Leavitt saying that Trump is reviewing it. "But what the president heard, he liked," she added. Treasury Secretary Scott Bessent, who was testifying before Congress on Wednesday, said the talks were more narrowly focused and a comprehensive deal will require more time to flesh out. For more on the US-China trade deal, read here. Taiwan was struck by an earthquake on Wednesday (11 June) evening, with the quake hitting seconds after cell phone alarms went off at 7.01pm. The quake about 71 kilometres south of Hualien City. According to the United States Geological Survey, the quake had a magnitude of 5.9 and was detected at a depth of 31.1 kilometres. Taiwan's Central Weather Administration gave the magnitude as 6.4. However, such differences are common considering the differences in sensitivity and detector locations. Buildings in Taipei shook for about a minute, and there were no immediate reports of damage. A firefighter in Chenggong told AFP that when the quake hit, "the computer screen and fan shook heavily". He added, "It was much stronger than previous quakes. I immediately thought about running outside." For more on the Taiwan earthquake, read here. The Jetstar Asia closure has left some customers confused and frustrated over conflicting information, or a lack thereof. The Singapore-based airlines, operated by Qantas Group, announced on Wednesday (11 June) morning that it would be ceasing operations from 31 July. They added that Jetstar Asia flights would be operating with a "progressively reduced schedule". For a customer identified as Daniel, he told CNA that he didn't realise the schedule would be "progressively reduced" prior to its closure. Hence, he thought his two planned trips in July – one to Bangkok, another to Okinawa - would not be affected. On Wednesday morning, though, he received an email confirming that his trip to Bangkok was cancelled, so he made plans to book another flight. Daniel said the email also included his "specific booking reference". Yet, when his friend called the Jetstar Asia's hotline, they were told the flight was still going ahead as planned. He now feels uncertain about his flight to Okinawa and it's not clear which flights would be cut from Jetstar Asia's schedule before it closes. 'I'm wondering, when would they tell me about it? Or how late would they tell me about it?' For more on how customers are affected by the Jetstar Asia closure, read here. An Air India plane crashed at India's Ahmedabad airport, said the police and the airline on Thursday (12 June). There were no details on fatalities from the crash but it was reported that there were more than 200 people on board the flight. Air India said that the flight was headed to Gatwick airport in London and that the plane was "involved in an incident". "At this moment, we are ascertaining the details and will share further updates," they said on X. Flight AI171, operating Ahmedabad-London Gatwick, was involved in an incident today, 12 June 2025. At this moment, we are ascertaining the details and will share further updates at the earliest on and on our X handle ( India… — Air India (@airindia) June 12, 2025 The crash occurred when the aircraft was taking off, television channels reported. Visuals showed debris on fire, with thick black smoke rising up into the sky near the airport. Police officers shared that the plane crashed in a civilian area near the airport. For more on the Air India plane crash, read here. Pop sensation Sabrina Carpenter has surprised fans with the announcement of her seventh studio album, Man's Best Friend, set for release on 29 August, 2025. Carpenter shared the news on Instagram on Wednesday (11 June) along with a photo of her on hands and knees in a black mini dress and black heels. Meanwhile, a man, which is cut out of the photo, is grabbing a her hair. View this post on Instagram A post shared by Sabrina Carpenter (@sabrinacarpenter) Man's Best Friend follows the success of her previous album Short n' Sweet – and the hit song Espresso – which earned her a Grammy for Best Pop Vocal Album earlier this year. The lead single, Manchild, dropped on 5 June, showcasing Carpenter's signature blend of synth-pop and introspective lyrics. For more on Sabrina Carpenter's new album, read here. A Singaporean woman was sentenced to six months' jail in Taiwan for stalking and harassing Golden Melody Award-winning singer Olivia Tsao Ya-wen. Cassandra Low, a woman in her 30s, was identified in a court judgment by the New Taipei District Court. The court found her guilty of endangering Tsao's personal safety, stalking and harassing her, and also publicly insulting the singer. It was reported that Low was a long-time admirer of Tsao and both parties have exchanged personal e-mails and messages over Facebook and Instagram since November 2023. However, the relationship soured after Tsao blocked Low on social media, with the latter issuing threats. In one Facebook post, Low wrote, "I can be very aggressive. The more stubborn she is... don't blame me for whatever I do to her parents." For more on the Olivia Tsao stalking incident, read here. Les Miserables The Arena Spectacular is coming to the Sands Theatre in Singapore in March 2026. The record-breaking concert tour is an expanded version of the Les Miserables The Staged Concert, and features an extraordinary and exciting new design specifically created for larger venues with a cast and orchestra of over 65. UOB cardmembers will have priority pre-sales with a 20 per cent discount. The first starts on Monday (23 June) at 10am, exclusively on Klook. The second will be on Tuesday (24 June) at 10am, and will be available through Marina Bay Sands Ticketing, SISTIC and Klook. Non-UOB cardmembers can sign up for the waitlist now to gain access to the waitlist pre-sale that will start on Tuesday (24 June) 10am. There will be a 15 per cent discount during this pre-sale. The public sale will start on Thursday (26 June) at 12pm, and will be available through Marina Bay Sands Ticketing, SISTIC and Klook. There will be a 10 per cent early bird discount. The concert tour just wrapped up its Australia dates and have now moved to Asia. It opens in Taiwan on Thursday (12 June), with its next stops being Japan and China. Cast details for the Singapore leg of the concert tour have yet to be confirmed or revealed. An Australian man was arrested after he allegedly shoplifted twice in the transit area of Changi Airport Terminal 1. On 11 June, the police said in a statement that they were alerted to a case of shop theft at a duty-free Shilla Cosmetics and Perfumes store at about 11.30pm. Investigations revealed that a man allegedly took a display bottle of facial product, valued at $466, and left without paying. Officers from the Airport Police Division identified the man and he was arrested on 1 June. Police also believe that the man is involved in another case of shop theft, also at Shilla Cosmetics and Perfumes, that occurred on 27 May. For more on the man's alleged shop theft spree, read here. An 85-year-old woman died after an accident involving a Comfort taxi near Kallang MRT on 10 June. The police were alerted at 10.35am to the accident on Lorong 1 Geylang towards Upper Boon Keng Road. The woman was unconscious and brought to Tan Tock Seng Hospital by the Singapore Civil Defence Force where she died. The 68-year-old male driver has been arrested for careless driving causing death, said the police on 11 June. For more on the accident near Kallang MRT, read here. More than 55,000 Palestinians have died in the Israel-Hamas conflict, according to Gaza health authorities. Local hospitals said that at least 21 people were killed on their way to provide aid at distribution centres. The cause of death for victims near the site are unclear, but the Israeli army said on Wednesday that it fired warning shots at "suspects" that posed a threat to troops. The numbers by the Gaza Health Ministry doesn't distinguish between civilians and combatants, and they said that women and children make up more than half the 55,000 dead. The war, which erupted on 7 Oct 2023 after a surprise Hamas attack, continues unabated despite international calls for a ceasefire. Israel's military maintains that operations are targeting militants, and blamed them for hiding among civilians. For more on the Israel-Hamas war death toll, read here. Trade talks between the US and China aimed at cooling tensions have ended in a deal, said US President Donald Trump. He shared that China will supply US companies with magnets and rare earth metals while the US will walk back its threats to revoke visas of Chinese students. "Our deal with China is done, subject to final approval from President Xi and me," wrote Trump on Truth Social. The talks were held over two days in London, starting from Monday (9 June) to address the conflicts that had emerged since the truce between both parties started in May. Details about the new agreement with China are limited, with White House press secretary Karoline Leavitt saying that Trump is reviewing it. "But what the president heard, he liked," she added. Treasury Secretary Scott Bessent, who was testifying before Congress on Wednesday, said the talks were more narrowly focused and a comprehensive deal will require more time to flesh out. For more on the US-China trade deal, read here. Taiwan was struck by an earthquake on Wednesday (11 June) evening, with the quake hitting seconds after cell phone alarms went off at 7.01pm. The quake about 71 kilometres south of Hualien City. According to the United States Geological Survey, the quake had a magnitude of 5.9 and was detected at a depth of 31.1 kilometres. Taiwan's Central Weather Administration gave the magnitude as 6.4. However, such differences are common considering the differences in sensitivity and detector locations. Buildings in Taipei shook for about a minute, and there were no immediate reports of damage. A firefighter in Chenggong told AFP that when the quake hit, "the computer screen and fan shook heavily". He added, "It was much stronger than previous quakes. I immediately thought about running outside." For more on the Taiwan earthquake, read here. The Jetstar Asia closure has left some customers confused and frustrated over conflicting information, or a lack thereof. The Singapore-based airlines, operated by Qantas Group, announced on Wednesday (11 June) morning that it would be ceasing operations from 31 July. They added that Jetstar Asia flights would be operating with a "progressively reduced schedule". For a customer identified as Daniel, he told CNA that he didn't realise the schedule would be "progressively reduced" prior to its closure. Hence, he thought his two planned trips in July – one to Bangkok, another to Okinawa - would not be affected. On Wednesday morning, though, he received an email confirming that his trip to Bangkok was cancelled, so he made plans to book another flight. Daniel said the email also included his "specific booking reference". Yet, when his friend called the Jetstar Asia's hotline, they were told the flight was still going ahead as planned. He now feels uncertain about his flight to Okinawa and it's not clear which flights would be cut from Jetstar Asia's schedule before it closes. 'I'm wondering, when would they tell me about it? Or how late would they tell me about it?' For more on how customers are affected by the Jetstar Asia closure, read here.
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Oracle shares soar as AI cloud demand propels revenue forecast
(Reuters) -Oracle shares surged nearly 8% in premarket trading on Thursday after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services. The stock has risen nearly 6% so far this year as confidence in the software sector remained strong despite geopolitical tensions, even as analysts warn that U.S. President Donald Trump's tariffs could undermine Big Tech's AI investments. Earlier this year, Oracle, whose cloud offerings help companies build their AI infrastructure, announced a joint venture called Stargate to deliver large-scale computing capabilities to OpenAI. "Oracle's once-stodgy image levels up to 'cloud-native mage,' and the competitive map now looks less like a classic three-player real time strategy and more like a battle-royale with everyone dropping in, looking for compute loot", said Michael Ashley Schulman, partner at Running Point Capital Advisors. Oracle expects total revenue to be at least $67 billion for fiscal 2026, CEO Safra Catz said on a post-earnings call. The Texas-based company's cloud services quarterly revenue rose 14% to $11.70 billion. Its overall revenue of $15.90 billion beat estimates of $15.59 least nine brokerages have raised their price target post-earnings. Oracle trades at a forward price-to-earnings ratio of 25.86, compared to rivals Microsoft at 31.34 and Amazon at 31.80, according to data compiled by LSEG. Microsoft's stock has gained 12.16%, while Amazon's has decreased by 2.8% so far this year. "ORCL has entered an entirely new wave of enterprise popularity that it has not seen since the Internet era in the late 90s," analysts at Piper Sandler added.
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Veteran boss Hart joins Carlisle in advisory role
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