The following are some of the news items mentioned in the last few days:

  • S&P wiped out its weekly advance on Friday and tumbled 1.7%
  • 10 Year Treasuries down by 8 basis points on the day to 4.43%
  • Cross asset ETFs have already sucked in 155B USD this year
  • ETF inflows by asset class for January 2025:
    • Equity ETFs: $59.3 billion in net inflows.
      • Active equity ETFs: $20.3 billion
      • Passive equity ETFs: $39.0 billion
    • Fixed Income ETFs: $38.3 billion in net inflows.
      • Active fixed income ETFs: $16.9 billion
      • Passive fixed income ETFs: $21.4 billion
    • Commodities ETFs: $0.7 billion in net outflows.
  • Bybit Hack - the biggest ever theft in the industry with almost 1.5B worth of token looted
    • Founded in 2018, Bybit is one of the largest crypto exchanges processing more thatn 36B in daily average trading volume.
    • Has about 16.2B in assets
  • By 2033, Japan wants to quadruple the amount of content it sells in overseas markets each year - primarily anime, manga and video games. That would put sales at around 130B USD, almost twice the value of the cars Japan currently ships abroad annually.
  • Hayao Miyazaki’s ‘Spirited Away’ became the first non-English movie to win an Oscar for Best Animated Feature
  • How big is anime business in Japan?
    • The anime business refers to the industry surrounding the production, distribution, and monetization of anime (Japanese animated content). It encompasses various sectors, from animation studios to streaming platforms, merchandising, and international licensing.
    • Estimates vary between 20B USD to 70B USD
  • ICC Championship 2025 much awaited Indo-Pak match is being played in Dubai because of security reasons
    • 2005 relocation of the ICC from its traditional headquarters at Lord’s in London to Dubai was one of the earliest signs of the globalization of sport in the 21st century
    • Dubai’s place in the the cricket world was solidified in 2005 when the ICC moved its headquarters from Monaco and London
  • Google has built a massive office called Ananta to lure AI talent. India has more than 5 million programmers and roughly 1.5 million fresh engineers graduate from the nation’s colleges annually
    • Google has about 10,000 employees in India, out of a global headcount of more than 180,000
    • Accenture employs 300,000 people in India
    • IBM has more than 100,000 workers based out India
    • Amazon office in Hyderabad has 15,000 workstations