Jerry Lin

Jerry Lin

The Latest

  • Congress Moves to Block China's Purchases from U.S. Strategic Petroleum Reserve Amid Rising Geopolitical Tensions
    China US Trade Talks
    recent legislation has been introduced to prohibit China from purchasing oil from the U.S. Strategic Petroleum Reserve (SPR).
  • Saudi Arabia and Russia Lead OPEC+ in Prolonging Oil Supply Reductions to Stabilize Prices
    OIL
    Key OPEC+ members, led by Saudi Arabia and Russia, have agreed to extend their voluntary crude supply cuts into the second quarter of 2024. This extension signifies a concerted effort by the coalition, consisting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, to stabilize the oil market during a period of heightened geopolitical tensions and fluctuating demand.
  • Immigrant Workforce Surge Boosts U.S. Economy Amid Policy Debates: Report
    Central American Migrants to the US held at El Paso All Pictures Video Newest-First
    The U.S. labor market is experiencing a significant shift as the share of immigrants in the workforce continues to rise, reaching a record 18.6% in 2023, according to the U.S. Bureau of Labor Statistics. This influx of foreign-born workers, accounting for about 31.1 million out of 167.1 million workers in the U.S., is not only reshaping the demographic composition of the labor force but also bringing substantial economic benefits, experts say.
  • Asset Liquidation Continues as Evergrande Chairman's Mansion Hits the Market
    China Evergrande
    The unfolding saga of China Evergrande Group's financial collapse has taken another turn with the sale of a second mansion in Hong Kong linked to the company's chairman, Hui Ka Yan, as the beleaguered property giant continues to grapple with its debt crisis.
  • Country Garden Faces Liquidation Suit Amid China's Real Estate Turmoil
    CHINA REAL ESTATE
    Amid escalating concerns in China's real estate sector, Country Garden, once a leading property developer, is now at the heart of a liquidation crisis that could have significant repercussions for the industry.
  • Eurozone Inflation Dips to 2.6% Amid Core Price Stickiness
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Inflation in the Eurozone showed signs of easing in February, descending to 2.6%, yet the persistence of core prices above expectations underscores the ongoing challenge facing the European Central Bank (ECB). Despite a general anticipation of a headline reading at 2.5%, both the headline and core inflation figures surpassed economists' forecasts, according to flash data released on Friday.
  • January Inflation Data Aligns with Expectations, Yet Fed Rate Cut Timing Remains Uncertain
    FED CHAIR
    data for January unveiled a nuanced picture of the U.S. economic landscape, aligning with expectations yet signaling a complex path ahead for monetary policy adjustments.
  • India's GDP Growth Hits 8.4% in Final Quarter of 2023"
    India
    India's economy concluded the year 2023 with a notable acceleration, as its Gross Domestic Product (GDP) experienced an 8.4% growth in the last quarter, surpassing the previous period's 7.6% increase, as reported by the nation's statistical office.
  • Bitcoin Hits $62,000 in February Surge, Fueled by ETF Inflows and Halving Speculation
    BITCOIN RISES
    The cryptocurrency market, led by Bitcoin and Ether, has witnessed significant gains in February, marking a triumphant month for digital assets. Bitcoin, the pioneering cryptocurrency, saw its value surge by over 4% to reach $62,901.93 on the last day of the month, according to Coin Metrics data.
  • Coinbase Glitch Shocks Users with $0 Balances Amid Bitcoin's Surge
    AMICUS
    Coinbase, a leading cryptocurrency exchange platform, experienced technical glitches on Wednesday that left many users staring at a $0 balance in their accounts, causing widespread alarm and confusion among its customer base.
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