Jerry Lin

Jerry Lin

The Latest

  • Russia's Industrial Metals Reach Europe via Turkey
    Russian Flag
    Despite the ongoing conflict between Russia and Ukraine for over a year and a half, and the European Union's (EU) dual approach of sanctions and decoupling from Russia, has the EU truly severed its economic ties with Russia?
  • TikTok's E-commerce Challenge: Indonesia's Regulatory Shift and its Broader Implications
    TikTok Search Results Are Full Of Misinformation: Report
    In a move that has caught the attention of the global digital commerce community, Indonesia's Ministry of Trade announced a significant regulatory change: the prohibition of e-commerce transactions on social media platforms. This decision, which seeks to clearly demarcate the roles of social media and e-commerce, has profound implications, particularly for platforms like TikTok that have been making inroads into the e-commerce space.
  • Europe's Chip Ambitions: A Shift from Globalization to Regionalization
    EU flags
    The European Union's "Chips Act" officially came into effect on September 21. The European Commission announced that the legislation aims to promote the industrialization of key technologies, encouraging both public and private sectors to invest in chip manufacturing facilities and their suppliers.
  • China's Economic Conundrum: From Swift Solutions to Soviet-Style Stagnation
    Evergrande misses payment deadline, EV unit warns of cash crunch
    China, once hailed for its rapid economic growth and ability to swiftly address economic downturns, now grapples with a series of persistent economic challenges. These issues, ranging from sluggish growth and faltering exports to a sinking property market and rising youth unemployment, can be traced back to the top echelons of its leadership and their adherence to Soviet-style policies.
  • Yen Nears 150: Bank of Japan's Dovish Stance Puts Pressure on Currency, Markets Await Intervention
    YEN-BASED
    Following the Bank of Japan's decision last Friday to maintain its ultra-loose monetary policy, Governor Haruhiko Kuroda and Deputy Governor Shinichi Uchida appeared on Monday, signaling that the economic recovery and price trends are too unstable to consider an immediate shift in policy.
  • U.S. Energy Titans Warn: Oil Could Surge to $150 if Government Doesn't Act
    Occidental Petroleum Corp
    On Monday, executives from major U.S. energy giants, including Western Oil, Chevron, and Continental Resources, voiced their concerns. Despite oil prices nearing $100, many companies have chosen not to increase production, citing inconsistent U.S. energy policies that hinder oil production. Some industry leaders echoed JPMorgan's recent prediction of a supercycle with oil prices reaching $150, stating that if the U.S. government remains inactive, prices could surge to that level.
  • Indonesia's Ambitious EV Drive Faces Regional Challenges
    NEW PLAYER
    Indonesia's government has rolled out a series of policies to boost the electric vehicle (EV) industry. Anindya Novyan Bakrie, president of Indonesian company Barkie&Brothers, suggested that the nation aims to serve as a gateway connecting other ASEAN countries.
  • Evergrande's Debt Restructuring Plan Faces Hurdles Amid Regulatory Probe
    Evergrande's major shareholder Chinese Estates plans to go private
    Evergrande, the embattled Chinese real estate giant, is facing significant challenges in its efforts to restructure its colossal debts. The company revealed on Sunday that its plan is in jeopardy due to a regulatory investigation into its primary subsidiary, Hengda Real Estate Group. This probe has rendered Evergrande "unable to meet the qualifications" for issuing new notes, which are short or medium-term securities.
  • Beijing's Decades-Long De-Risking Strategy: EU-China Relations at a Pivotal Juncture
    EU, China agree to hold summit, Michel says after Xi call
    As the European Union (EU) focuses on de-risking its ties with China, one of its primary trading allies, it appears that China has been ahead of the curve, having implemented de-risking strategies for decades. Jens Eskelund, the president of the European Union Chamber of Commerce in China, shed light on this during his appearance on CNBC's "Asia Squawk Box."
  • FTX Targets Former Employees in $157M Lawsuit Over Alleged Fraudulent Withdrawals
    FTX
    In a recent development, FTX, the cryptocurrency exchange platform, has taken legal action against former employees of its Hong Kong affiliate firm, Salameda, in an attempt to recover approximately $157 million. The lawsuit, which was filed in the U.S. Bankruptcy Court for the District of Delaware, alleges that these individuals and entities engaged in fraudulent asset withdrawals from FTX just days before the company filed for Chapter 11 bankruptcy in November 2022.
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