Jerry Lin

Jerry Lin

The Latest

  • European Central Bank Hikes Rates Amid Economic Concerns: Is This the Last Increase?
    ECB
    In a move that has been widely anticipated, the European Central Bank (ECB) has raised interest rates by 25 basis points, despite concerns over a slowing European economy. This brings the deposit facility rate to its highest level since 2001. Current market predictions place the likelihood of further ECB rate hikes at 30%.
  • SoftBank's Arm Celebrates Nasdaq Debut with a Staggering $60 Billion Valuation
    ARM
    In a significant milestone for the tech industry, SoftBank's Arm Holdings made a triumphant return to the public markets with its Nasdaq debut on Thursday. The chip designer's shares opened at a commendable 10% above their offer price, catapulting the company to a valuation of nearly $60 billion. This marks Arm's re-entry into the public domain after a seven-year hiatus, and the event has been closely watched by industry insiders and investors alike.
  • China's Central Bank Slashes Reserve Ratio to Bolster Economic Recovery
    China Central Bank
    In a strategic move to ensure ample liquidity and bolster a budding economic recovery, China's central bank has announced a cut in the amount of cash that banks must hold as reserves. This marks the second such reduction this year, underscoring Beijing's commitment to supporting the world's second-largest economy as it grapples with post-pandemic challenges.
  • Global Fossil Fuel Era Waning? Developed Nations Plot Expansion
    Gas prices
    Is the era of fossil fuels coming to an end? Mixed signals are emerging from various organizations.
  • Soaring Oil Prices: Saudi Arabia Puts the Squeeze on the Fed and Global Markets
    Crude Oil
    The surging oil prices could intensify inflationary pressures in European and American countries, leading to market speculations that Western central banks might maintain higher interest rates for an extended period.
  • Historic Oil Shortage Looms: OPEC Foresees a Deficit of Over 3 Million Barrels Daily in Q4
    OPEC
    In the wake of Saudi Arabia's announcement last week to extend its voluntary oil production cut of 1 million barrels per day until the end of December, and Russia's decision to prolong its export reduction of 300,000 barrels per day to the same period, OPEC's latest monthly report released on Tuesday predicts a global oil supply shortage exceeding 3 million barrels per day in the fourth quarter. This could be the largest deficit in over a decade.
  • Modern 'Spice Route' Unveiled at India's G20 Summit: What's the Buzz About?
    Modern 'Spice Route' Unveiled at India's G20 Summit: What's the Buzz About?
    At the recently concluded G20 summit, alongside the hard-fought joint declaration, a new transcontinental transport corridor project garnered significant attention.
  • Why China's Gold Prices Surge Past $600 Despite Global Decline?
    GOLD
    Since September, domestic gold prices in China have been on a noticeable uptrend, with Shanghai gold reaching its historical peak and the price of gold jewelry also rising.
  • Bitcoin's Resilience Amid Inflation Uncertainties and ETF Anticipation
    TOP HUB
    Bitcoin, the preeminent cryptocurrency, has managed to sustain its position above the $25,000 mark, even as the financial world keenly anticipates updates on inflation and the potential approval of a spot Bitcoin ETF. Historically, the month of September has not been kind to Bitcoin, with the digital currency witnessing an average 6% drop in value from 2010 to 2022. Data from the Dow Jones stock market index further underscores this trend, highlighting consistent declines every September from 2017 to 2022.
  • China and Japan Team Up: The Dollar's New Challengers
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    On Monday, both the Chinese yuan and the Japanese yen surged, resulting in the U.S. dollar experiencing its most significant decline in two months.
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