Jerry Lin

Jerry Lin

The Latest

  • Qualcomm Ventures into Automotive AI: Partnerships with BMW, Mercedes, and Amazon Cloud
    Qualcomm Tops Magna's Bid With $4.6 Billion Offer For Veoneer
    Facing Nvidia's aggressive advancements in the Artificial Intelligence (AI) chip sector, Qualcomm, traditionally known for its mobile chips, is venturing into new territories.
  • Brent Crude Breaks $90 for First Time in 10 Months: Saudi Arabia Extends Production Cuts Amid Rising Prices
    Crude Oil
    International oil prices are on the rise, with Saudi Arabia and its "ally" Russia possibly continuing their crude oil production cuts.
  • Eurozone PPI Drops for Seventh Consecutive Month: A Breather for the ECB?
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Benefiting from declining prices in intermediate products like steel and lumber, the Eurozone's Producer Price Index (PPI) for July decreased by 0.5% month-on-month and 7.6% year-on-year, both in line with expectations.
  • China's Robust Oil Demand Could Push Brent Crude to $100 per Barrel
    OIL
    China's Demand Driving Global Prices China's surging oil demand is set to propel global oil prices, with Brent crude potentially reaching $100 per barrel.
  • Saudi Aramco Eyes Record $50 Billion Share Sale Amid Slumping Diamond Demand
    Saudi Aramco
    A Historic Offering On Friday, September 1, sources familiar with the matter revealed that Saudi Arabia is contemplating a sale of up to $50 billion in shares of Saudi Aramco. If successful, this would set a record as the largest stock offering in global capital market history.
  • China's Bold Moves to Revive its Faltering Property Sector
    Evergrande misses payment deadline, EV unit warns of cash crunch
    In a decisive move to address the deepening crisis in its vast, debt-laden property sector, China is poised to implement a series of measures aimed at stimulating the real estate market. These actions underscore Beijing's growing concern about the potential ripple effects of a faltering property sector on the broader economy.
  • Pakistan Grapples with Economic Strain as Fuel and Commodity Prices Skyrocket
    Pakistan
    Pakistan is currently facing an economic crisis, with the prices of essential commodities, including fuel, reaching unprecedented levels. This surge in prices has led to widespread public discontent, with residents taking to the streets to voice their concerns.
  • UBS's Stellar Acquisition: Record Profits Prove Critics Wrong on Credit Suisse Buyout
    UBS
    Five months after acquiring Credit Suisse, UBS has finally demonstrated to the world just how lucrative this once-doubted deal has been.
  • India's GDP Soars, but Inflation Looms Large
    India
    GDP Growth at a Glance On the evening of August 31, India's National Bureau of Statistics released the GDP data for the first quarter of the fiscal year 2024. The data revealed that from April to June, the real GDP, calculated at constant prices, grew by 7.8% year-on-year, marking the fastest growth in a year.
  • Saudi Arabia Likely to Extend Voluntary Oil Production Cuts; Russia Cuts Back on Exports
    Crude Oil
    According to traders and analysts surveyed by media outlets, the majority anticipate Saudi Arabia's plan to cut daily oil production by 1 million barrels to be extended at least until October to further bolster oil prices. Moreover, representatives from OPEC and its allies share similar projections privately. Insiders have noted that the global economic landscape remains filled with uncertainties, and if Saudi Arabia eases its cutback strategy too soon, speculative short-selling could resurface.
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