Jerry Lin
The Latest
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BlackRock's Q2 Profits and Assets Surpass Expectations, But Fund Inflows Lag
Before the U.S. stock market opened on Friday, July 14, BlackRock, the world's largest asset management company, announced its second-quarter earnings. Before the U.S. stock market opened on Friday, July 14, BlackRock, the world's largest asset management company, announced its second-quarter earnings. -
Apple Watch Ultra 2: A Leap into 3D Printing Technology, Says Analyst
In a groundbreaking move, Apple is set to revolutionize its manufacturing process with the introduction of 3D printing technology in the production of the second-generation Apple Watch Ultra. This innovative approach is expected to significantly improve production time and reduce costs, marking a new era in the tech giant's manufacturing strategy. In a groundbreaking move, Apple is set to revolutionize its manufacturing process with the introduction of 3D printing technology in the production of the second-generation Apple Watch Ultra. This innovative approach is expected to significantly improve production time and reduce costs, marking a new era in the tech giant's manufacturing strategy. -
Japanese 'Whale' GPIF Increases U.S. Treasury Holdings to a Three-Year High
The recent strengthening of the U.S. dollar against the Japanese yen to a certain extent offset the decline in U.S. Treasury bonds, further enhancing the preference of Japanese investors for U.S. debt. The percentage of U.S. bonds held by the Japanese Government Pension Investment Fund (GPIF) has risen to its highest level in three years. The recent strengthening of the U.S. dollar against the Japanese yen to a certain extent offset the decline in U.S. Treasury bonds, further enhancing the preference of Japanese investors for U.S. debt. The percentage of U.S. bonds held by the Japanese Government Pension Investment Fund (GPIF) has risen to its highest level in three years. -
Bridgewater's Chilling Forecast: The U.S. Battle with Inflation Is Far From Over!
Since the U.S. Federal Reserve commenced its cycle of interest rate hikes in March of last year, the global market has been eagerly awaiting news of an economic cooldown in the U.S. Under tightening policies, bad news becomes good news. Since the U.S. Federal Reserve commenced its cycle of interest rate hikes in March of last year, the global market has been eagerly awaiting news of an economic cooldown in the U.S. Under tightening policies, bad news becomes good news. -
A Clash of EV Titans in India? BYD Reportedly Plans $1B Factory Investment
Two of the largest new energy vehicle manufacturers from China and the U.S. are heading towards the same destination-India-for a new round of competition. Two of the largest new energy vehicle manufacturers from China and the U.S. are heading towards the same destination-India-for a new round of competition. -
Roadblock Redux! FTC Scrambles to Delay Microsoft's Activision Blizzard Acquisition
The journey for Microsoft's acquisition of Activision Blizzard has been hit with more turbulence. The journey for Microsoft's acquisition of Activision Blizzard has been hit with more turbulence. -
Rice Crisis Looms! India, World's Largest Rice Exporter, Mulls Over Halting 80% of Exports
India, the world's largest exporter of rice, is contemplating a ban on the export of most of its rice varieties in response to rising domestic prices. The government's intention is to avert the risk of worsening inflation. This potential move could further escalate the already soaring global rice prices, which are at a two-and-a-half-year high due to the impacts of El Niño in Asia. India, the world's largest exporter of rice, is contemplating a ban on the export of most of its rice varieties in response to rising domestic prices. The government's intention is to avert the risk of worsening inflation. This potential move could further escalate the already soaring global rice prices, which are at a two-and-a-half-year high due to the impacts of El Niño in Asia. -
Russia Outpaces Saudi Arabia to Reclaim Top Oil Producer Title as Production Cuts Take Effect
On Thursday, July 13, the International Energy Agency (IEA) reported that Saudi Arabia's crude oil output will fall below that of Russia due to the impact of voluntary production cuts. This will allow Russia to reclaim the throne of the world's largest oil producer after two years. On Thursday, July 13, the International Energy Agency (IEA) reported that Saudi Arabia's crude oil output will fall below that of Russia due to the impact of voluntary production cuts. This will allow Russia to reclaim the throne of the world's largest oil producer after two years. -
Yen's Big Rebound: Market Anticipates Japan's Central Bank to Adjust YCC Policy as Early as This Month
Since the beginning of the month, the yen has seemingly reversed its long-term downtrend, beginning a strong rally. After a robust rally for five consecutive trading days, the yen held its ground above 140 against the U.S. dollar on Thursday, July 13. Since the beginning of the month, the yen has seemingly reversed its long-term downtrend, beginning a strong rally. After a robust rally for five consecutive trading days, the yen held its ground above 140 against the U.S. dollar on Thursday, July 13. -
Celsius Network's Fall from Grace: A Tale of Fraud, Arrests, and a Record $4.7 Billion Settlement
In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company. In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company.