Track Financial News

By Abhirup Roy

Bitfinex, a famous cryptocurrency exchange located in Hong Kong, has announced a security compromise that has been controlled. The incident was the result of a phishing effort that was directed at one of the company's customer care representatives. The incident took place between the 30th of October and the 5th of November and entailed illegal access to a portion of the company's customer support boards. These boards contained user information that was out of current and incomplete.

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By Ernest Scheyder

Bloody Escape" – Jigoku no Tousougeki – will release early next year in Japan. The science fiction, action-packed movie with some incredible supernatural beings will hit the theaters of Japan on January 5, 2024. Earlier, the makers of «Bloody Escape», on November 17, announced on their official website about the release date of the movie as January 5, 2024, which is much earlier than the expected release date. The movie takes you to a distant future, where the human population is declining and Artificial Intelligence is being used to protect whatever is left on the earth. This leads to the creation of several demons and cyborg-like creatures. This fantasy thriller movie is set in a futuristic version of Tokyo and follows the story of a human cyborg, Kisaragi. Audiences will see a lot of fierce battle, violence and gore scenes in the movie when Kisaragi is forced to escape from a group of immortal vampires attempting to conquer the city. On November 17, the official trailer of «Bloody Escape» was released. Notably, on November 17, the franchise had revealed the cast list for the anime. The movie will see some of the well known voices such as JoJo’s Bizarre Adventure’s Yuki Ono and Demon Slayer’s Reina Ueda.Others in the cast list are Yuki Ono has lent his voice for Kisaragi, the character of Lunalu has been voiced by Rena Ueda, Cruz voiced by Soma Saito, Jami voiced by Yuma Uchia, Larak voiced by Satsuki Yukino, Nonoc voiced by Masayo Kurata, Zanza voiced by Jun Fukuyama, Feres voiced by Rie Takahashi and others. The movie has been directed by Goro Taniguchi of Code Geass and One Piece fame and produced by Polygon Pictures known for the Godzilla Trilogy and Love, Death & Robots 2022.

Investing.com — U.S. are wobbling on Friday but were still on track for a weekly gain. Cautious words from retailers about the holiday sales season and hopes that the Federal Reserve is nearing the end of its interest rate increases are on the minds of investors.

By Nicole Jao

Las Vegas for the 2023 Grand Prix took an unexpected turn on its opening day, as disastrous scenes unfolded at the newly-built street circuit, raising safety concerns and sparking controversy. The chaos began just eight minutes into the first practice session when a concrete framing for a water valve cracked, causing catastrophic damage to two cars that drove over it. Ferrari's Carlos Sainz and Esteban Ocon both fell victim to the loose manhole cover, with Sainz's battery, engine, and chassis suffering severe damage at a speed of around 318km/h. The incident prompted the cancellation of the first practice session and a delay of two and a half hours for repairs and safety checks on every manhole cover on the 6.2km track. The unprecedented delays led to the second practice session starting at 2.30 am local time, marking the latest start time in F1 history. Fans, who had eagerly anticipated the event, were kicked out of the grandstands at 1.30 am due to logistical reasons, further adding to the chaotic atmosphere.

Golden, Jung Kook's debut solo album makes it to the top of Billboard's Top Album Sales chart. After the ending week of Nov 9, the album sold almost 164,800 copies in the United States. The late Jimmy Buffett's new studio album Equal Strain On All Parts debuts at No. 3 on the new Top Album Sales chart, while Jason Aldean's most recent release, Highway Desperado, begins at No.

Drake, the globally acclaimed hip-hop artist from Toronto, Canada reportedly dissed Joe Budden, a former New York-based rapper in one his songs from his latest album “For All The Dogs Scary Hours Edition” which was released today. In a newly added track called “Stories About My Brother” Drake was heard saying in the lyrics that he had to imagine getting “validation” from a former musician who is searching for “recognition,” a line that is reportedly aimed at Budden. Fans speculated that Budden might be a topic about whom Drake is talking about in his new album that is a deluxe edition of “For All The Dogs” which was released in October this year. Due to this speculation Budden also started trending on X (formerly Twitter). As per reports, Budden gave his review about Drake’s “For All The Dogs” album on his podcast, comments which the rapper apparently did not like. Budden stated that although he liked some of the tracks from the album, Drake could have done better on the track called “First Person Shooter” which also featured fellow rapper J Cole. This criticism didn’t go down well with Drake.

Stocks advanced and bond yields dropped as fresh signs of an economic slowdown prompted investors to ramp up bets on interest-rate cuts next year.

funding climate for Indian technology startups deteriorated year-over-year, with $29.7 million deployed across 6 funding rounds in the week from November 13 to 17. In the comparable week in 2022, startups had raised $189 million across 34 funding rounds. The deals in the 2023 week averaged at about $4.95 million per deal, versus $5.6 million per deal in 2022.

RBI) and others to smoothen out various issues faced by the sector. "We (DGFT) are working with the RBI, and Indian banking association to streamline the process of export credit availability," Sarangi said.

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Small Cap Mutual Funds have been a sought-after sub-category of equity mutual funds, shows the AMFI data. One of the reasons for this is that Small Cap Funds have a good return potential, making them a worthwhile choice for long-term wealth creation. Small Cap Funds invest a minimum of 65% of their assets in Small Cap stocks.

Investing in real estate is a journey paved with diverse opportunities and potential returns on investment (ROI). The world of real estate is multifaceted, with each property and location offering its own set of advantages and challenges. Navigating this intricate landscape requires a thoughtful approach, considering various factors that influence the outcomes of your investments.

Investing.com — The U.S. dollar edged higher in early European trade Friday, but was heading for a sharp weekly loss after cooling inflation spurred growing bets that the Federal Reserve has completed its series of rate hikes.

Keki Mistry, Non-Executive Director, HDFC Bank, says “people are still not seeing any concern or any deterioration in terms of asset quality as far as the unsecured loans are concerned. So, to my mind, this is a precautionary measure by the RBI, a welcome precautionary measure, given that this kind of lending has increased so much in the system.” What are your initial thoughts on this latest circular from the RBI on unsecured lending and also can you help us understand in layman terms the impact it would have on the financial sector — banks, NBFCs, all of them? My view is that RBI for nearly two months has been continuously making some remark or comment about the fact that the quantum of unsecured lending in the system has increased a lot and RBI is a little concerned about it. One was expecting some kind of regulatory action around that. What exactly that action would be, one did not know and now we know that the risk weight on these loans has been increased by 25 percentage points.

cybercrimes. In this context, cyber insurance has emerged as an essential tool for safeguarding against financial and reputational damages caused by cyber attacks. “When it comes to taking risks, there are just have three options – Accept the risk, mitigate the risk using technology and transfer the risk to an insurance company.

Union Minister for Commerce and Industry, Piyush Goyal, provided an update on the ongoing negotiations for the Free Trade Agreement (FTA) between India and the United Kingdom. Goyal expressed optimism about the progress made in the negotiations, highlighting that almost 20 out of 26 chapters have been closed. «We've had several rounds of negotiations with the UK. Currently, we are in active dialogue on different tracks.