Jerry Lin
The Latest
-
SEC Targets $5.5 Trillion Market with New Money Market Fund Regulations
American Securities and Exchange Commission (SEC) is gearing up to introduce a new set of rules aimed at money market mutual funds, a move that may cause friction with the industry titans who dominate this $5.5 trillion market, as reported on Thursday, July 6th. 
American Securities and Exchange Commission (SEC) is gearing up to introduce a new set of rules aimed at money market mutual funds, a move that may cause friction with the industry titans who dominate this $5.5 trillion market, as reported on Thursday, July 6th. -
Automakers Continue to Thrive Post-Tesla: Toyota's Q2 Sales Increase Almost 15%, GM Sees Nearly 19% Boost in U.S.
Data from several automakers indicate that the U.S. car market is stabilizing. 
Data from several automakers indicate that the U.S. car market is stabilizing. -
Pinduoduo's E-commerce Expansion Continues: Temu Launches in Japan, Sets Sights on Asian Market
Recently, Pinduoduo's cross-border e-commerce platform, Temu, officially launched in Japan, marking its first foray into an Asian country. The site was originally planned to go live on June 22 but was eventually delayed to July 1 following preparations. 
Recently, Pinduoduo's cross-border e-commerce platform, Temu, officially launched in Japan, marking its first foray into an Asian country. The site was originally planned to go live on June 22 but was eventually delayed to July 1 following preparations. -
Riding the New Wave: South Korea Aims to Rank as Third Global Powerhouse in AI
In the wake of the emergence of OpenAI's GPT series, governments and corporations worldwide are catching a glimpse of the Fourth Industrial Revolution. Major economies globally are throwing their hats into the ring, placing heavy bets in a bid to seize the advantage in the AI race. South Korea, already a player in the semiconductor field, is striving to join the ranks of AI superpowers. 
In the wake of the emergence of OpenAI's GPT series, governments and corporations worldwide are catching a glimpse of the Fourth Industrial Revolution. Major economies globally are throwing their hats into the ring, placing heavy bets in a bid to seize the advantage in the AI race. South Korea, already a player in the semiconductor field, is striving to join the ranks of AI superpowers. -
The Fed Takes the Heat: Lower Oil Prices Amid Rising Demand, Blaming Interest Rate Hikes
Over the past six months, despite the support of China's economic recovery for energy demand, and production cuts announced by OPEC+ members including Russia and Saudi Arabia, oil prices have continued to fluctuate downward, with a cumulative drop of over $10 per barrel this year. 
Over the past six months, despite the support of China's economic recovery for energy demand, and production cuts announced by OPEC+ members including Russia and Saudi Arabia, oil prices have continued to fluctuate downward, with a cumulative drop of over $10 per barrel this year. -
Unprecedented Divergence: Global Central Banks Take Different Paths in Monetary Policy
Following more than a year of aggressive rate-hike cycles, a composite index of borrowing costs computed by Bloomberg Economics suggests that the global cost of borrowing will continue to rise this quarter, peaking at 6.25%, slightly above the previous quarter's projection of 6%. 
Following more than a year of aggressive rate-hike cycles, a composite index of borrowing costs computed by Bloomberg Economics suggests that the global cost of borrowing will continue to rise this quarter, peaking at 6.25%, slightly above the previous quarter's projection of 6%. -
BYD's First Factory Outside Asia: A $7 Billion Venture into Brazil
Chinese new energy titan, BYD, continues to accelerate its global expansion. Adding to its territories in Southeast Asia and Europe, BYD has now spread its influence into South America. 
Chinese new energy titan, BYD, continues to accelerate its global expansion. Adding to its territories in Southeast Asia and Europe, BYD has now spread its influence into South America. -
Samsung's High-Wire Act: Foreign Investment Surges and Stocks Soar, but Profits Plunge Amid the AI Boom
Amid the explosive growth of generative AI, investors are betting not only on TSMC, a prominent chip manufacturer, but also on Samsung. However, Samsung might find it challenging to keep pace with TSMC in this new race. 
Amid the explosive growth of generative AI, investors are betting not only on TSMC, a prominent chip manufacturer, but also on Samsung. However, Samsung might find it challenging to keep pace with TSMC in this new race. -
Saudi-Russian Production Cuts Meet Asian Resistance: How Long Can Oil Prices Hold?
International oil prices rebounded overnight, with U.S. oil surging more than 2.2% and Brent crude reaching its highest in nearly two weeks. 
International oil prices rebounded overnight, with U.S. oil surging more than 2.2% and Brent crude reaching its highest in nearly two weeks. -
Morgan Stanley Forecasts: Tesla on Track for 1.9 Million Deliveries This Year
Tesla's price war may be far from over, and if it continues to spread, domestic gasoline car manufacturers in the United States could face serious blows. A recent report from Morgan Stanley suggests that Tesla is expected to deliver 1.9 million vehicles this year and break through 7.9 million by 2030. 
Tesla's price war may be far from over, and if it continues to spread, domestic gasoline car manufacturers in the United States could face serious blows. A recent report from Morgan Stanley suggests that Tesla is expected to deliver 1.9 million vehicles this year and break through 7.9 million by 2030.
