2024 Financial News

Mt. Gox Rehabilitation Trustee has once again extended the deadline for repayments to its creditors. 

(Reuters) — Goldman Sachs economists said they now expect the U.S. Federal Reserve to begin its interest rate-cutting cycle in the fourth quarter of next year, later than an earlier forecast of a cut in the second quarter.

Mt. Gox trustee Nobuaki Kobayashi has officially changed the deadline for paying back the exchanges' creditors from Oct. 31, 2023, to Oct. 31, 2024.

ICICI Securities, IIFL Capital and Axis Capital as advisors, a report by Moneycontrol said, quoting multiple industry sources. However, the quantum of the fund raise through the IPO hasn't been finalized yet and may vary later, the report added. Awfis IPO would be the first public issue in the domestic markets by a co-working space provider.

By Kantaro Komiya

Hong Kong lawmaker Duncan Chiu has announced the launch of the second round of consultations aimed at formulating stablecoin issuance guidelines.

Kane Brown is coming up with ‘In The Air Tour’ and has unveiled 29 tour dates for 2024. The tour kicks off on March 28 at John Paul Jones Arena in Charlottesville, Virginia, and ends on September 14 at Globe Life Field in Arlington, Texas, with five stadium shows, including a return to Fenway Park in Boston. Notably, Brown previously made history at Fenway Park as the first Black artist to sell out a headlining show there.Brown's In The Air Tour features openers like Tyler Hubbard, Jon Pardi, Chris Young, Bailey Zimmerman, Cole Swindell, Parmalee, LOCASH, and RaeLynn on different dates. Earlier this year, Brown completed the international leg of his Drunk or Dreaming Tour, covering cities like Sydney, London, Amsterdam and Berlin. He also received the international award at the ACM Honors celebration in Nashville. Having recently achieved his 10th Country Airplay No. 1 hit with «Bury Me in Georgia,» Brown is set to release his new single, «I Can Feel It,» on September 21. The song samples Phil Collins' drum solo from his 1981 Billboard Hot 100 hit «In The Air Tonight.» Collaborating with Brown on the songwriting are Phil Collins, Gabe Foust, and Jaxson Free.

By Leroy Leo and Khushi Mandowara

Narendra Modi has invited US President Joe Biden to be the Chief Guest at the 2024 Republic Day celebrations, said US envoy Eric Garcetti. Garcetti, who took office as Ambassador earlier this year, was speaking to reporters at an event hosted by the Ananta Aspen Centre, a think-tank. If Biden accepts the invitation, he will be only the second US President to be Chief Guest at India’s Republic Day.

Jyotiraditya M Scindia, along with Arunachal Pradesh Chief Minister Shri Pema Khandu, is set to inaugurate the upgraded infrastructure at Tezu Airport on September 24. The Tezu Airport, nestled in the town of Tezu, is a domestic airport that boasts a single runway and spans across 212 acres of land.

International Cricket Council (ICC) have confirmed three major USA cities: Dallas, Florida and New York, as the venues for the ICC Men’s T20 World Cup 2024. The USA is set to host the T20 World Cup for the first time, with Grand Prairie in Dallas, Broward County in Florida and Nassau County in New York chosen as the venues for the grand event.

A Kansas bill that aimed to limit and prohibit cryptocurrency donations in political campaigns has been adjourned to January 2024. 

ZURICH (Reuters) — Switzerland's economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country's long-term average as industry struggles with weak demand abroad and a strong Swiss franc.

BANGKOK (Reuters) — Thailand's new government plans to borrow about 2.4 trillion baht ($66.4 billion) for the fiscal year 2024 starting Oct. 1, up about 9% from the current year, according to market sources briefed by the finance ministry.

Only seven months remain before the next Bitcoin (BTC) halving in April 2024. It happens approximately every four years and is a deflationary process that cuts the production of new coins by 50%.

UBS Group Chief Executive Sergio Ermotti said the bank will give investors an outline of its growth strategy early next year and signaled the direction of plans to grow in the U.S., as the lender progresses with the integration of Credit Suisse.

JAKARTA (Reuters) — Indonesia's parliament committee on Tuesday approved the government's higher 2024 budget expenditure of $216 billion to support economic growth, but some analysts say a bigger spending buffer might be needed to cope with adverse weather events.

National Eligibility cum Entrance Test (NEET) for the year 2024 is scheduled for May 5, 2023. Additionally, the NEET exam will also be held on the first Sunday of May in 2024. Furthermore, the statement mentions that the Joint Entrance Examination (JEE Main-2024) session 1 is slated to take place from January 24 to February 1, 2024.

CUET or JEE exams, there is an important update for you. The National Testing Agency (NTA) has unveiled the examination calendar for the upcoming academic year 2024, for essential entrance exams like the Joint Entrance Test (JEE), National Eligibility Entrance Test (NEET), Common University Entrance Test (CUET), and UGC NET. In a recent notification, NTA has officially declared that the National Eligibility cum Entrance Test [NEET (UG)] for the year 2024-25 is scheduled to be held on May 5, 2024.

Tom Emmer, majority whip of the United States House of Representatives and crypto proponent, says that digital assets have become a “sleeper issue” in U.S. politics, both at the state and federal levels.

NEW DELHI : The National Pharmaceutical Pricing Authority (NPPA) has extended the ceiling prices of orthopaedic knee implants for another year till 15 September 2024. In 2017, the regulator slashed the price of orthopaedic implants by up to 69%. Since then, manufacturers have been lobbying the government to raise the prices.