Jerry Lin

Jerry Lin

The Latest

  • Buoyed by 'Barbie' and Soaring Sales, Birkenstock Eyes IPO With Potential Valuation of $10 Billion
    Hollywood Film 'Barbie' Banned in Vietnam Over Alleged Chinese Influence
    German sandal brand Birkenstock is back in the news with reports of a potential initial public offering (IPO) in less than a month.
  • JP Morgan Forecasts Gold to Hit $2,012 per Ounce This Year, Setting a Record in 2024!
    GOLD
    JP Morgan Chase predicts that by the end of this year, the price of gold will rise to $2,012 per ounce, with 2024 seeing the price escalate to an all-time high.
  • Crude Oil Approaches April Highs as Inventory Narratives Unfold Amid Tightening Supply
    Crude Oil
    Amid OPEC+ nations' production cuts leading to tightening crude oil supply, Brent Crude prices have been on a steady uptick, recently breaking the $85 per barrel mark and accumulating a rise of over $10 since the start of the month, nearing its April peak.
  • Eurozone Escapes Recession? Q2 GDP Grows Beyond Expectations at 0.3%
     European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    The Eurozone witnessed an economic uptick in the second quarter of the year, fueled by the decline in energy prices which provided relief for household budgets.
  • British Billionaire Joe Lewis Hands Himself over to U.S. Authorities Amid Alleged Insider Trading Scandal
    AMERICAN DOLLARS
    Subtle but media-shy British billionaire and Tottenham Hotspur owner Joe Lewis, with an estimated net worth of $6.2 billion (£4.4 billion), has rarely been in the limelight. However, he is now making headlines worldwide due to his controversial conduct.
  • Vietnam's Economy at Risk of Missing Growth Target as Exports Slump
    CRISIS
    According to data released by the Vietnam Statistics Office on Saturday, Vietnam's imports fell by 9.9% and exports contracted by 3.5% in July, marking the fifth consecutive month of decline and the longest continuous downturn in 14 years.
  • Fed May Hold Off Further Rate Hikes This Year If Wage Growth, Inflation Slow Down
    Federal Reserve Chair Jerome Powell.
    As wage growth and inflation continue to decelerate, what action will the U.S. Federal Reserve take next?
  • Why Apple Stays Low-Key on AI When Tech Giants Are Buzzing About It?
    Apple
    While artificial intelligence (AI) has become a buzzword for every tech company today, Apple seems to stand as an exception.
  • Microsoft Warns Cloud Services May Face Interruptions if GPUs are in Short Supply
    DEMAND UP
    Microsoft has updated a risk factor in its annual report on the evening of July 27th, emphasizing the importance of securing graphic processing units (GPUs) for its data centers. The tech giant has been ramping up its capital expenditures, including the purchase of GPUs, to cater to the escalating demand for cloud-based artificial intelligence services.
  • A Surprise Twist by the Bank of Japan: A Stealthy Move Towards Normalization or a Half-Baked Policy?
    BOJ
    On July 28, the Bank of Japan (BOJ) stated at its most recent monetary policy meeting that it would flexibly control the yield on ten-year government bonds. On one hand, it decided to maintain the target range for ten-year Japanese bond yields at ±0.5%. On the other hand, the central bank will continue to purchase ten-year government bonds at a yield of 1% on each business day, not the previous 0.5%.
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