Jerry Lin
The Latest
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U.S. Tightens Chip Funding Rules to Counter China's Semiconductor Ambitions
In a move to safeguard national interests and technological advancements, the U.S. Commerce Department has finalized regulations aimed at preventing China and other nations perceived as security threats from benefiting from the $52 billion semiconductor manufacturing subsidies. In a move to safeguard national interests and technological advancements, the U.S. Commerce Department has finalized regulations aimed at preventing China and other nations perceived as security threats from benefiting from the $52 billion semiconductor manufacturing subsidies. -
European Powerhouses Stumble: France's PMI Falls Short, Germany's Manufacturing PMI Remains Below 40
The latest data reaffirms that Europe's two major "engines" have stalled, deepening the Eurozone's economic contraction woes. The latest data reaffirms that Europe's two major "engines" have stalled, deepening the Eurozone's economic contraction woes. -
Russia Stirs the Pot: Temporarily Halts Diesel and Gasoline Exports Amid Soaring Oil Prices
On September 21, the Russian government's press office announced on its website that Russia would implement a temporary ban on the export of gasoline and diesel to stabilize its domestic market. On September 21, the Russian government's press office announced on its website that Russia would implement a temporary ban on the export of gasoline and diesel to stabilize its domestic market. -
Fed Holds Steady for Second Time This Year, Signals Another Rate Hike by Year-End
In the policy meeting that concluded on Wednesday, the Federal Reserve opted to keep rates unchanged, maintaining the federal funds rate target range at 5.25%-5.5%, in line with expectations. This marks the highest interest rate level in 22 years. In the policy meeting that concluded on Wednesday, the Federal Reserve opted to keep rates unchanged, maintaining the federal funds rate target range at 5.25%-5.5%, in line with expectations. This marks the highest interest rate level in 22 years. -
Diamond's Dazzle Dims: Prices Plunge as Gold Glitters
For decades, diamonds have been the darlings of the luxury market. However, in the past year, the price of certified diamonds has plummeted by 35% to 40%, prompting many to question whether the era of exorbitantly priced diamonds is coming to an end. For decades, diamonds have been the darlings of the luxury market. However, in the past year, the price of certified diamonds has plummeted by 35% to 40%, prompting many to question whether the era of exorbitantly priced diamonds is coming to an end. -
China Urged to Bolster Economic Policy Support, Says Former PBOC Chief
In light of the economic challenges faced by China, Yi Gang, the former governor of the People's Bank of China (PBOC), has emphasized the need for the nation to amplify its policy support. His remarks, published on Wednesday, underscored the importance of implementing reforms and strengthening policy measures to ensure the country reaches its annual growth target of approximately 5%. In light of the economic challenges faced by China, Yi Gang, the former governor of the People's Bank of China (PBOC), has emphasized the need for the nation to amplify its policy support. His remarks, published on Wednesday, underscored the importance of implementing reforms and strengthening policy measures to ensure the country reaches its annual growth target of approximately 5%. -
UK Inflation Dips to 18-Month Low: Bank of England's Rate Hike Pressure Eases
Amid cooling inflation in August, the door has opened for the Bank of England to pause its rate hikes. Amid cooling inflation in August, the door has opened for the Bank of England to pause its rate hikes. -
Oil Prices Nearing Triple Digits: Goldman Sachs Ups Brent Forecast Amid Robust Global Demand
As oil prices surge, Goldman Sachs, often dubbed the "standard bearer for commodities," has revised its oil price forecast upward. With tightening supply and robust demand, the return of oil prices to triple digits seems imminent. As oil prices surge, Goldman Sachs, often dubbed the "standard bearer for commodities," has revised its oil price forecast upward. With tightening supply and robust demand, the return of oil prices to triple digits seems imminent. -
Boeing Faces Years Before Normalizing Deliveries in China
Boeing anticipates that it will take several years to return to normal delivery volumes in the Chinese market. During a media briefing on China's civil aviation market outlook held on September 20, Boeing's Vice President of Civil Aviation Market Marketing, Huo Daren, conveyed this sentiment. Boeing anticipates that it will take several years to return to normal delivery volumes in the Chinese market. During a media briefing on China's civil aviation market outlook held on September 20, Boeing's Vice President of Civil Aviation Market Marketing, Huo Daren, conveyed this sentiment. -
Behind the Surge: How One Oil Company is Driving U.S. Oil Prices Up
Recently, U.S. oil prices have been on a steady climb, raising fresh concerns about escalating inflation in the market. Recently, U.S. oil prices have been on a steady climb, raising fresh concerns about escalating inflation in the market.