Jerry Lin
The Latest
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IEA: Record Coal Usage in 2022; Global Demand Continues Near Historic Highs
On July 27th, the International Energy Agency (IEA) published its latest coal market trends, stating that global coal consumption in 2022 increased by 3.3% year-on-year, hitting a new record of 8.3 billion tons. 
On July 27th, the International Energy Agency (IEA) published its latest coal market trends, stating that global coal consumption in 2022 increased by 3.3% year-on-year, hitting a new record of 8.3 billion tons. -
U.S. Inflation Concerns Grow: Oil Nears April High, Gasoline Hits Eight-Month Peak, Wall Street Bullish on Energy
Oil prices continued their strong performance on Thursday due to the restricted supply caused by OPEC+'s production cuts and an optimistic outlook on China's demand and global growth prospects. 
Oil prices continued their strong performance on Thursday due to the restricted supply caused by OPEC+'s production cuts and an optimistic outlook on China's demand and global growth prospects. -
Gold's Resilience: Rising Demand and Economic Uncertainty Fuel Momentum
In the face of persistent inflation, interest rate increases, and a string of bank failures, gold has emerged as a beacon of resilience. Its price has surged to over $2,000 per ounce, nearing the record high set in 2020. This surge is not only due to the strong demand for the precious metal but also a host of other factors that are making gold an attractive investment option. 
In the face of persistent inflation, interest rate increases, and a string of bank failures, gold has emerged as a beacon of resilience. Its price has surged to over $2,000 per ounce, nearing the record high set in 2020. This surge is not only due to the strong demand for the precious metal but also a host of other factors that are making gold an attractive investment option. -
ECB Tightens Monetary Policy, Raising Key Interest Rates Amid Slowing European Economy
Defying the European economic slowdown, the European Central Bank (ECB) has raised its interest rates by 25 basis points, reaching a level not seen since 2001. This move, coupled with the bank's dovish tone in its interest rate statement, has led to a significant drop in the value of the euro. 
Defying the European economic slowdown, the European Central Bank (ECB) has raised its interest rates by 25 basis points, reaching a level not seen since 2001. This move, coupled with the bank's dovish tone in its interest rate statement, has led to a significant drop in the value of the euro. -
In the Digital Advertising Game, Will Google and Meta Come Out on Top?
Recent financial reports from tech giants Microsoft, Google, and Meta have stirred discussion, with Microsoft, despite its early start, appearing the most lackluster of the three. 
Recent financial reports from tech giants Microsoft, Google, and Meta have stirred discussion, with Microsoft, despite its early start, appearing the most lackluster of the three. -
Unexpected Dovish Stance? Powell's Press Conference Spins U.S. Stocks into a Rally, Deepens Drop in Bond Yields and the Dollar
The Federal Reserve raised interest rates by 25 basis points as expected on July 26, setting the benchmark interest rate range at 5.25% to 5.5%, a record high since January 2001. The market's forecast of another rate hike by year's end stood at only 38%, suggesting that July could mark the final increase of this cycle. 
The Federal Reserve raised interest rates by 25 basis points as expected on July 26, setting the benchmark interest rate range at 5.25% to 5.5%, a record high since January 2001. The market's forecast of another rate hike by year's end stood at only 38%, suggesting that July could mark the final increase of this cycle. -
Airbus and Boeing's Q2 Results Soar Beyond Expectations, Stocks on the Rise
Airbus and Boeing, two of the world's largest aircraft manufacturers, have reported second quarter financial results that have outperformed forecasts. Both companies' CEOs have highlighted that aircraft manufacturers face a "complex" operating environment. 
Airbus and Boeing, two of the world's largest aircraft manufacturers, have reported second quarter financial results that have outperformed forecasts. Both companies' CEOs have highlighted that aircraft manufacturers face a "complex" operating environment. -
Slimming Pill Demand Skyrockets: Supply Shortages Impact Diabetic Patients
Following the sell-out of Novo Nordisk's weight-loss drug Semaglutide, Eli Lilly, another major pharmaceutical company, is now facing a complete shortage of its own "miracle weight-loss drug," Mounjaro. The scramble for these drugs by individuals hoping to shed pounds has left many diabetes patients in a dire situation without their necessary medications. 
Following the sell-out of Novo Nordisk's weight-loss drug Semaglutide, Eli Lilly, another major pharmaceutical company, is now facing a complete shortage of its own "miracle weight-loss drug," Mounjaro. The scramble for these drugs by individuals hoping to shed pounds has left many diabetes patients in a dire situation without their necessary medications. -
Boeing Soars High: Q2 Earnings Surpass Expectations Amid Production Boost and Positive Market Sentiment
In a remarkable turnaround, Boeing Co., the world's largest aerospace provider, has reported a robust financial performance for the second quarter of 2023, defying years of share volatility and profit deterioration. The company's Q2 results, announced on July 26, have surpassed Wall Street expectations, leading to a 4% jump in its shares before the bell. 
In a remarkable turnaround, Boeing Co., the world's largest aerospace provider, has reported a robust financial performance for the second quarter of 2023, defying years of share volatility and profit deterioration. The company's Q2 results, announced on July 26, have surpassed Wall Street expectations, leading to a 4% jump in its shares before the bell. -
Germany Pledges €20 Billion for Chip Development, With €5 Billion for TSMC's New Factory
According to a report from Germany's Heise news network on the 24th, the German government plans to allocate €20 billion to promote the development of the country's chip manufacturing industry. This fund will be drawn from the €180 billion "Climate and Transformation Fund" (KTF) and will be provided as subsidies to both domestic and foreign chip companies by 2027. 
According to a report from Germany's Heise news network on the 24th, the German government plans to allocate €20 billion to promote the development of the country's chip manufacturing industry. This fund will be drawn from the €180 billion "Climate and Transformation Fund" (KTF) and will be provided as subsidies to both domestic and foreign chip companies by 2027.
