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- JPMorganChase Declares Preferred Stock Dividends
New York February 14, 2025 JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the following series of the Firm’s outstanding preferred stock, each of which is represented by depositary shares: The dividend payment date is Tuesday, April 1, 2025, to stockholders of record at the close of business on Monday, March 3, 2025. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.0 trillion in assets and $345 billion in stockholders’ equity as of December 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . Investor contact: Mikael Grubb212-270-2479 Media contact: Joseph Evangelisti212-270-7438 Source Link: https://www.jpmorganchase.com/ir/news/2025/jpmc-declares-preferred-stock-dividends-2-14
- Hangzhou Future Sci-Tech City Innovation Alliance launched
June 01, 2023. HANGZHOU, China The alliance will focus on organizing and developing the extended value chain, strengthening key links, and filling gaps within the industrial ecosystems of the Internet of Things, biomedicine, high-end equipment, new materials, and green energy. The Hangzhou Future Sci-Tech City Innovation Alliance, a collaborative effort comprising major research institutes, technology transfer platforms, concept validation centers, incubators, industrial capital, and enterprises in the Yuhang district of Hangzhou, was officially launched on May 30. The alliance will focus on organizing and developing the extended value chain, strengthening key links, and filling gaps within the industrial ecosystems of the Internet of Things, biomedicine, high-end equipment, new materials, and green energy. The Hangzhou Future Sci-Tech City Innovation Alliance is launched on May 30. [Photo/Hangzhou Daily] The core objective of the alliance is to promote the on-site transformation of scientific and technological achievements, with the involvement of leading scientific scholars, innovative talent, technological entrepreneurs, and professional technicians. It aims to construct a hub and aggregation platform for the transformation of scientific and technological achievements and industrial innovation services. After more than a decade of development, Hangzhou Future Sci-Tech City has amassed numerous innovative elements. Its total population has exceeded 400,000, with four provincial laboratories and 1,140 national high-tech enterprises. There are over 60 scientific and technological innovation parks and incubators in the area, creating a thriving environment for innovation. The launch of the Hangzhou Future Sci-Tech City Innovation Alliance helps position Hangzhou as a leading hub for technological advancement and industrial innovation, contributing to the city's overall growth and competitiveness in the global innovation landscape. Source Link: https://www.ehangzhou.gov.cn/2023-06/02/c_285035.htm
- Khazanah Nasional clarifies its divestment in FashionValet
November 01, 2024. KUALA LUMPUR, Malaysia. Our investment rationale was anchored on the theme of Offline-to-Online e-commerce, as well as a commitment to support Malaysian entrepreneurs and promising early-stage companies. Khazanah Nasional (“Khazanah”) had invested RM27m to acquire a 9% stake in FashionValet (“Company”) in 2018. At the time, the Company was a promising homegrown e-commerce fashion platform with more than 400 brands and 15,000 products on its platform and expecting revenue growth of ~60% annually. Our investment rationale was anchored on the theme of Offline-to-Online e-commerce, as well as a commitment to support Malaysian entrepreneurs and promising early-stage companies. Over the years, the Company faced challenges, most of which were exacerbated by COVID-19, including in expanding its platform. This required FashionValet, under the guidance of its Board of Directors and shareholders, to shift focus from being an ecommerce platform for Southeast Asian brands to growing its wholly-owned in-house brands, Duck and Lilit, in order to preserve the Company’s operating margins and cashflow. The Company also took measures to rationalise costs and streamline operations, but continued to face challenges, including in securing capital during the difficult fundraising environment in 2022-2023. In late 2023, NXBT Partners, led by a seasoned Malaysian entrepreneur, offered to acquire existing shareholders’ stakes and inject capital into the Company. In view of the Company’s urgent need for funds to continue operations, and the fact that the investment had reached the end of its targeted holding period, Khazanah considered and accepted the offer. The divestment represented a responsible exit to transfer ownership to a party who could help guide the Company to a new growth trajectory. As the sovereign wealth fund of the nation, Khazanah will continue to invest responsibly and manage assets towards sustainable multigenerational returns for the country. As part of Khazanah’s Advancing Malaysia strategy anchored on “A Nation that Creates” framework, we remain committed to transforming Malaysian firms of all sizes to increase national productivity and competitiveness, aligned with the GEAR-uP programme, led by the Ministry of Finance. We believe that the start-up ecosystem is a vital engine for innovation, economic growth and job creation in Malaysia. Despite the higher inherent investment risks and challenges with early-stage companies, Khazanah is fully dedicated to supporting local start-ups and will continue to promote their success and expansion. We appreciate the continued trust and support from our stakeholders as we work towards the nation’s economic objectives in line with the government’s Ekonomi MADANI aspirations. TAMAT Source Link: https://www.khazanah.com.my/news_press_releases/khazanah-nasional-clarifies-its-divestment-in-fashionvalet/
- October Marks Highest Volume Month in ICE’s History with 209 Million Contracts Traded
Nov 05, 2024. LONDON & NEW YORK & AMSTERDAM Against a backdrop of risk and uncertainty across multiple fronts geographically, customers are utilizing the combination of the liquidity and precision of our global benchmarks and related contracts to manage risk. Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that October 2024 marked its highest volume month in its history with a record 209 million contracts traded across futures and options. “The extent of trading activity during October highlights the depth, breadth and liquidity of the global exchange network we have built over the last two decades and the unique role that benchmarks such as Brent and Euribor play in underpinning the management of risk across markets,” said Trabue Bland, SVP of Futures Markets at ICE. “Against a backdrop of risk and uncertainty across multiple fronts geographically, customers are utilizing the combination of the liquidity and precision of our global benchmarks and related contracts to manage risk.” In addition, October marked the highest volume month for commodity and energy trading at ICE with a record 117 million and 108 million futures and options contracts traded respectively, as well as the highest volume month ever for interest rate trading at ICE with 85 million futures and options traded. ICE’s highest volume month on record prior to this was March 2020. During October, ICE’s global benchmark Brent, the largest and most liquid oil market in the world used to price three quarters of internationally traded crude oil, witnessed its largest volume month in its history with a record 38.2 million Brent futures and options traded. While Euribor, the benchmark for managing short term euro-related interest rate risk, similarly had its highest volume month ever with a record 50.5 million futures and options traded. About Intercontinental Exchange Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology , we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here . Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).” Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024. Category: EXCHANGES ICE-CORP Source: Intercontinental Exchange ICE Media:Jess Tatham jess.tatham@ice.com +44 7377 947136ICE Investor:Katia Gonzalez katia.gonzalez@ice.com (678) 981-3882 Source: Intercontinental Exchange Source Link: https://ir.theice.com/press/news-details/2024/October-Marks-Highest-Volume-Month-in-ICEs-History-with-209-Million-Contracts-Traded/default.aspx
- PRIME Study Progress Update — Second Participant
August 21, 2024. ARIZONA, US This marks another significant step towards providing a high-performance interface that will enhance the control of digital devices for people with quadriplegia to help restore their autonomy. (Fig 04) Alex playing Counter-Strike. Last month, Alex,* the second participant in our PRIME Study,** received his Neuralink implant (Link). The surgery, conducted at the Barrow Neurological Institute , went well — Alex was discharged the following day, and his recovery has been smooth. With the Link, he has been improving his ability to play video games and began learning how to use computer-aided design (CAD) software to design 3D objects. This marks another significant step towards providing a high-performance interface that will enhance the control of digital devices for people with quadriplegia to help restore their autonomy. The overarching aim for the PRIME Study is to demonstrate that the Link is safe and useful in daily life, as noted in our last blog post . In this blog post, we share updates from the experience of our second participant across three key dimensions that support this aim: Out-of-the-box experience Repertoire of capabilities Thread retraction mitigations Out-of-the-Box Experience From the first moment Alex connected his Link to his computer, it took less than 5 minutes for him to start controlling a cursor with his mind. Within a few hours, he was able to surpass the maximum speed and accuracy he’d achieved with any other assistive technology on our Webgrid task. Similar to Noland, our first participant, Alex broke the previous world record for brain-computer interface (BCI) cursor control with a non-Neuralink device on day one of using the Link. After the first research session concluded, Alex continued testing the capabilities of the Link independently, using it to play the first-person shooter game Counter-Strike . “I’m already super impressed with how this works.”— Alex, PRIME Study participant Repertoire of Capabilities Alex enjoys building things. Before his spinal cord injury, he worked as an automotive technician, fixing and tinkering with various types of vehicles and large machinery. Since then, he has wanted to learn how to design 3D objects using computer-aided design (CAD) software so he could work on projects without needing to rely extensively on his support system. However, the level of control offered by his assistive technologies made this challenging. On day two of using the Link, Alex used the CAD software Fusion 360 for the first time and managed to design a custom mount for his Neuralink charger , which was then 3D printed and integrated into his setup. We are working with Alex to increase his productivity with the Link by mapping intended movements to different types of mouse clicks (e.g., left, right, middle), thereby expanding the number of controls he has and enabling him to quickly switch between various modes in CAD software (e.g., zoom, scroll, pan, click-and-drag). In his free time, Alex continues to use CAD software to turn his design ideas into reality. We hope that in time, the Link helps many people create in their areas of interest and expertise, and we’re excited to work with more people to help them reconnect with their passions. “Taking an idea, putting it as a design, and actually having a physical item as a finished product makes me feel like I’m building things again.” — Alex, PRIME Study participant (Fig 02) In this video, Alex uses his Link to carve out the center of the custom mount for his Neuralink charger (finished product shown in Fig 03). On the right side of his screen is a mode switcher — a user interface element developed by Neuralink — which he leverages to quickly change the functionality of his mouse. In this video, Alex uses his Link to carve out the center of the custom mount for his Neuralink charger (finished product shown in Fig 03). On the right side of his screen is a mode switcher — a user interface element developed by Neuralink — which he leverages to quickly change the functionality of his mouse. (Fig 03) To the right of Alex’s laptop is a 3D-printed charger mount that he designed using his Link. Alex also enjoys playing first-person shooter games, which generally require the use of numerous inputs, including two separate joysticks (one for aiming and the other for moving) and an array of buttons. Before receiving the Link, Alex enjoyed playing these games using an assistive device called the Quadstick — a mouth operated joystick with sip-and-puff pressure sensors and a lip position sensor for clicking. However, a key limitation of the controller is that it only has one joystick, restricting Alex to either moving or aiming at any given time. Switching from moving to aiming involves letting go of the joystick and then sipping or puffing into a separate straw to toggle the functionality. Now, Alex is able to use the Link in combination with his Quadstick to move and aim simultaneously, unlocking a more intuitive gameplay experience. “Just running around is so enjoyable because I can look side to side, and not need to move Quadstick left and right… I can [think about where to] look and it goes where I want it to. It's insane.” — Alex, PRIME Study participant Thread Retraction Mitigations With our first participant, Noland, we observed a degree of thread retraction that temporarily reduced his BCI performance. The threads have stabilized, and the performance of Noland’s Link has since recovered — more than doubling the prior world record for BCI cursor control. To reduce the probability of thread retraction in our second participant, we implemented a number of mitigations, including reducing brain motion during the surgery and reducing the gap between the implant and the surface of the brain. We discussed these measures in greater detail in our live update prior to our second participant’s surgery. Promisingly, we have observed no thread retraction in our second participant. Looking Forward To further enhance our participants’ experience using their digital devices, we are continuing to expand the controls that are available to them. We are working on decoding multiple clicks and multiple simultaneous movement intents to deliver full mouse and video game controller functionality. We are also developing algorithms to recognize handwriting intent to enable faster text entry. These capabilities would not only help restore digital autonomy for those who are unable to use their limbs, but also restore the ability to communicate for those who are unable to speak, such as people with neurological conditions like amyotrophic lateral sclerosis (ALS) . Additionally, we plan to enable the Link to interact with the physical world, allowing users to feed themselves and move more independently by controlling a robotic arm or their wheelchair. “The Link is a big step on the path of regaining freedom and independence for myself.” — Alex, PRIME Study participant Join the Neuralink Community If you are excited to restore autonomy to those with unmet medical needs, consider applying to our open roles . If you are interested in shaping the future of assistive technologies by participating in a Neuralink clinical trial, please join our Patient Registry . * Name shared at the request of the participant. ** The PRIME Study — an investigational medical device trial for our fully implantable, wireless brain-computer interface (BCI) — aims to evaluate the safety of our implant and surgical robot, and assess the initial functionality of our BCI for enabling people with quadriplegia to control external devices with their thoughts. We do not guarantee any benefit by participating in the PRIME Study. Source Link: https://neuralink.com/blog/prime-study-progress-update-second-participant/
- Unscheduled component change in SDAX
STOXX Ltd. has announced an unscheduled component change in the SDAX index. 10 July 2024, Zug STOXX Ltd. has announced an unscheduled component change in the SDAX index. SYNLAB AG will leave the SDAX because it does not meet the requirement „existing listing on the Regulated Market of the Frankfurt Stock Exchange (FSE)” any more ( rulebook , section 5.4.2 Breaches of basic criteria). The following change will be made. Deletion Addition SYNLAB AG Medios AG About STOXX STOXX® and DAX® indices comprise a global and comprehensive family of more than 17,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets. STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds. STOXX Ltd., part of the ISS STOXX group of companies, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation. stoxx.com About ISS STOXX ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders. Legal disclaimer: STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. None of their products or services recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or trading strategies. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company and may not be relied on as such. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers. Source Link: https://www.deutsche-boerse.com/dbg-en/media/press-releases/Unscheduled-component-change-in-SDAX-4027094
- 10TH WORLD WATER FORUM 2024
May 20, 2024. BALI, Indonesia The Bandung Spirit Water Summit: Collaborative Efforts to Find Solutions to Water Issues in Small and Outer Islands PRESS RELEASE COMMUNICATIONS AND MEDIA TEAM OF THE 10TH WORLD WATER FORUM NO.92/SP/TKM-WORLDWATERFORUM2024/05/2024 on The Bandung Spirit Water Summit: Collaborative Efforts to Find Solutions to Water Issues in Small and Outer Islands The Bandung Spirit Water Summit, which takes place on 21 May, will focus on global collaborative efforts to find solutions for water issues in small and outer islands. The summit is part of the 10th World Water Forum held in Nusa Dua, Bali from 18 to 25 May 2024. Minister of Public Works and Public Housing (PUPR) and Chairman of the National Organizing Committee for the 10th World Water Forum, Basuki Hadimuljono, and Han Seung-soo, Chairman of the High-Level Experts and Leaders Panel (HELP) and former Prime Minister of Korea, will officially open the Bandung Spirit Water Summit. Minister Basuki emphasized the importance of integrated water resource management in the smallest and outermost islands in order to address climate change and sea-level rise. Water resource management faces challenges such as disaster management regulations, data collection, analysis, capacity building, and coordination among stakeholders. "To achieve this, cooperation is needed in the development of strategic planning focused on enhancing the awareness of integrated water resource management in small and outer islands when facing climate change and sea-level rise," said Basuki at the 23rd High-Level Experts and Leaders Panel (HELP) on Water and Disasters in Bali Nusa Dua Convention Centre on Sunday, 19 May. The Indonesian government also initiated the establishment of the Centre of Excellence for Water and Climate Resilience, which aims to integrate environmental and socio-economic aspects in addressing climate change. "Thus, networking and collaboration between stakeholders consisting of the government, private sector, and academia are needed to become a centre for technology development, capacity building, implementation of effective solutions for climate change, and sustainable and inclusive natural resources challenges," Basuki added. Professor Kenzo Hiroki from the National Graduate Institute for Policy Studies (GRIPS) and HELP Coordinator mentioned that the high-level panel has a special meaning as it elevates and promotes water issues to a platform of political solidarity and shared prosperity. The Bandung Spirit Water Summit will serve as a new political corridor to achieve Sustainable Development Goals (SDGs) through water. "In this forum, world leaders, international organizations, experts, and stakeholders will engage in dialogue and produce The Spirit of Bandung: a call to action," said Kenzo. By gathering heads of state, stakeholders, and experts, The Bandung Spirit Water Summit will formulate proposals and real actions. The summit has five main focuses: water and peace, climate change and disaster risk reduction, sanitation and water for all, finance and governance, and youth. The term "Bandung Spirit" refers to the collaborating and mutually beneficial efforts of participating countries in the 1955 Asia-Africa Conference. Minister Basuki had previously echoed the Bandung Spirit on various occasions, including the 21st HELP on Water and Disasters in Madrid in 2023. "The spirit of the Asia-Africa Conference in Bandung will serve as the foundation for the organization of the 10th World Water Forum in Bali in 2024, not only as a philosophical basis but also as a fundamental concept for the forum," Basuki said. Basuki believes that the spirit of the Asia-Africa Conference remains relevant in addressing shared problems that require global consensus as solutions, including through the World Water Forum. This meeting transforms all policies, spirit, and passion to collectively embrace the future, making water a source of life and peace.(Yandi/Elvira Inda Sari/TR/SW/MB) **** For further information, please contact: Director General of Public Information and Communications of the Ministry of Communications and Informatics – Usman Kansong (0816785320). PCO of the 10th World Water Forum - Dede Ariwibowo (08111830020) Source Link: https://media.worldwaterforum.org/en/contents/siaran-pers-660047517afb1/siaran-pers-world-water-forum-ke-10-the-bandung-spirit-water-summit-upaya-kolaboratif-cari-solusi-masalah-air-di-pulau-pulau-kecil-dan-terluar-664ab6284c62d
- Strengthening our ability to finance supply chains for hydrogen and related technologies1
May 16, 2024. TOKYO, Japan Aim to provide JPY 2 trillion in funding for production Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara) aims to provide JPY 2 trillion in financing for the production and supply of hydrogen and related technologies by 2030. This goal reflects our understanding of the growth in these funding needs. Hydrogen and related technologies have been identified as a key component for decarbonization across various sectors, including power generation, transportation, and industry, as countries around the world move toward achieving carbon neutrality. Despite ongoing R&D and feasibility studies in Japan and other countries, hydrogen's widespread adoption is currently hindered by issues that include, aside from the need to generate demand and reduce costs through innovation, companies' ability to secure necessary funding. As outlined in the Mizuho Sustainability Focus 2023 report, entitled "Sustainability: Path to industrial competitiveness", Mizuho identifies hydrogen as a key component for achieving widespread decarbonization across various sectors. Based on this perspective, we have pursued the following initiatives to promote its extensive use in society. Mizuho's recent initiatives in hydrogen and related technologies Given the growing urgency to set up supply chains for hydrogen and related technologies, which require substantial investment for production facilities, financial institutions have an essential role to play in providing funding. At Mizuho, we aim to offer JPY 2 trillion in financing for the production and supply of hydrogen and related technologies by 2030. By adopting this proactive approach, we will contribute to the development of the supply chains and accelerate hydrogen adoption in society. To achieve this ambitious aim, we are focusing on three key areas: (1) Developing business strategies focused on hydrogen and related technologies, (2) Establishing a group-wide framework dedicated to supporting hydrogen and related technologies, and (3) Expanding our pool of personnel specialized in related areas. Going forward, we will further expand our initiatives to promote the construction of supply chains for hydrogen and related technologies. 1: "Hydrogen and related technologies" refers to areas including hydrogen, ammonia, and e-methane. Source Link: https://www.mizuhogroup.com/news_release/20240516release_eng.html
- Publication of JPX Working Paper, Vol.42 "Impact of optimization of the tick size for TOPIX Mid 400 constituents"
April 11, 2024. TOKYO, Japan. JPX Working Papers highlight research and studies on changes in the market and regulatory environment with the aim of raising competitiveness. Conducted by officers and employees of JPX, its subsidiaries, and affiliates, as well as outside researchers, JPX Working Papers are intended to draw comments widely from academia, research institutions, and other market participants and observers. Japan Exchange Group, Inc. (JPX) today published JPX Working Paper, Vol.42 "Impact of optimization of the tick size for TOPIX Mid 400 constituents". * This Japanese version was released on January 31, 2024. JPX Working Papers highlight research and studies on changes in the market and regulatory environment with the aim of raising competitiveness. Conducted by officers and employees of JPX, its subsidiaries, and affiliates, as well as outside researchers, JPX Working Papers are intended to draw comments widely from academia, research institutions, and other market participants and observers.The contents and opinions of the published papers belong to the individual authors and do not represent the official views of Japan Exchange Group, etc. JPX Working Papers https://www.jpx.co.jp/english/corporate/research-study/working-paper/index.html (Reference) Japanese Website https://www.jpx.co.jp/corporate/research-study/working-paper/index.html Contact Corporate Strategy Department, Japan Exchange Group, Inc. TEL:+81-3-3666-1361 Source Link: https://www.jpx.co.jp/english/corporate/news/news-releases/0010/20240411-01.html
- Financing Travel Adventures with Gold Loans
April 14, 2024. GUJARAT, India It's time to de-dust your dreams one by one and pack your bags to one destination at a time. Is your Goa trip planned a century ago still on hold? The times are passing so fast, and your travel dreams are rusting in the back of your head. The dreams are meant to be turned into real memories, not unfulfilled regrets. What is the one thing that stops you from booking that flight? Is it money, time, or just laziness? If it's money, then say no more. People these days are more focused on investing in experiences rather than in bank accounts. And, there is an easy way to travel to your dream destination without compromising your financial security or stability. We’ve heard about personal loans and travel loans to fund your travel plans. But what if we tell you there is a better alternative than all those? And it is Gold Loans. We Indians are very much fond of gold as an asset or luxury. Be it a wedding, anniversary, or any other auspicious occasion or celebration, the best choice of gifts for us Indians is Gold. Almost all households must have gold jewelry tucked safely in their cupboards or bank lockers. Although gold is a great asset and increases its value over time, sitting idly at your home or bank lockers will never bring you any kind of interest income. However, it can be used as collateral to get loans by signing up for gold loans. Why should you opt for gold loans over other alternatives? Convenience Gold loans are the easiest and fastest way of availing loan money. You can apply for gold loans online from the comfort of your home, and the money will be disbursed to your bank account within a few hours. Additionally, they only require minimal documentation. Bare minimum eligibility Unlike other loans, you don’t need a job or a minimum amount of salary to apply for the loan. All you need is gold. And considering the quality of your gold, the amount is received accordingly. No credit history required That’s a huge relief for many borrowers. Even if you have very poor credit with low income, if you have gold, you can fund it for your financial needs. This feature sets the gold loan apart from others. Low interest rates Another interesting feature about gold loans is that they’re very affordable with only very low fixed interest rates starting as low as 8% p.a. They have the lowest interest rates among other personal loans. Flexible The repayment methods and tenure terms for gold loans are flexible. You can either opt for monthly EMIs, term repayments or bullet repayments as you may please. More often than not, you can repay easily within the tenure of 6-12 months. By means of taking a gold loan, you can receive your desired amount as fast as the same day the idea of a destination merely crosses your mind. That way, you can even do last-minute trip planning without taking a huge toll on your bank account balance or your mental health. However, gold may be an easy financial solution for short-term financial needs for sure, but it’s essential to be financially responsible while taking loans. We can’t stress this enough- always assess your financial situation before taking a loan. Only go for the repayment options that your income or financial situation allows you to. Also, to have more secure loan terms, it’s important to choose an established trustworthy market leader instead of going for local money lenders. Karnataka Bank, a century-old bank in India, offers gold loans at affordable rates and flexible terms. With their Gold Loan options, you can get the money disbursed to your account quickly and easily. It's time to de-dust your dreams one by one and pack your bags to one destination at a time.Happy Vacation! Source Link: https://karnatakabank.com/blog/Financing-Travel-Adventures-with-GoldLoans
- The International Monetary Fund x World Bank │Spring Meetings 2024
April 15-20, 2024. WASHINGTON DC, US The 2024 IMF-World Bank Spring Meetings will take place from April 15-20. The Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness. Also featured are seminars, regional briefings, press conferences, and other events focused on the global economy, international development, and the world's financial system. The main ministerial meetings and events will take place April 17-19 with other events and activities taking place during the week, April 15-20. Source Link: https://meetings.imf.org/en/2024/Spring/About












