Jerry Lin

Jerry Lin

The Latest

  • Slower U.S. Inflation Rate Fuels Global Stock Rally, Eases Rate Hike Concerns
    Wall Street
    Worldwide stock markets climbed while the U.S. dollar retreated on Tuesday, driven by recent U.S. inflation data which highlighted a less-than-anticipated increase in consumer prices for May. This has potentially provided the Federal Reserve with the latitude needed to delay its tightening cycle.
  • India Formally Warns Xiaomi: 4.8 Billion Yuan in Funds May Be Seized
    Xiaomi
    According to foreign media reports, on May 11, India's financial crime enforcement agency formally notified Xiaomi's Indian branch, the company's leader, and three banks. India accuses them of illegally transferring funds abroad, potentially violating the "Foreign Exchange Management Act."
  • Apple's Influence Fuels Doubling of India's Smartphone Exports
    Influencers Promote iPhone 12 Mini
    The arrival of Apple and a slew of related companies has ushered in unprecedented prosperity in India's electronics industry.
  • Google in the Crosshairs: EU Antitrust Regulators Set to Strike Again at Tech Giant's Core Advertising Business
    Google
    Despite having already slapped Google with a hefty fine of more than $40 billion, the European Union regulators are poised to hit the tech giant once again.
  • Crude Awakening: Oil Prices Collapse Again as Financial Bears Oust Commodity Bulls, Even Saudi Cuts Fall Short
    OPEC
    A fierce tug-of-war between financial short-sellers and crude oil bulls is underway, wresting control of oil prices. The divergence of oil prices from expected trends continues to rattle market confidence.
  • $69 Billion Acquisition on Thin Ice Again? FTC May Move to Block Microsoft's Activision Blizzard Purchase
    MICROSOFT-ACTIVISION DEAL
    sources familiar with the matter reported that the Federal Trade Commission (FTC), the U.S.'s top antitrust regulator, would seek an injunction in court to prevent Microsoft's nearly $69 billion acquisition of Activision Blizzard.
  • Nasdaq's Tech-focused Strategy Bolstered by $10.5bn Acquisition of Software Firm Adenza
    A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City.
    In a record-breaking deal, Nasdaq has agreed to acquire software company Adenza, a property of Thoma Bravo, for a hefty sum of $10.5 billion, thereby accelerating its ambition to be a tech-centric entity.
  • JPMorgan Settles Epstein Victims' Lawsuit for $290M, No Admission of Wrongdoing
    Fed Lifts Restrictions On JPMorgan Imposed After Forex Manipulation
    In a move to quell ongoing litigation, JPMorgan Chase has consented to a settlement of approximately $290 million for a class action lawsuit brought by victims of Jeffrey Epstein, according to an undisclosed source. This resolution signifies a significant development in the legal proceedings concerning the bank's controversial ties with the disgraced financier.
  • Apple Planning More Affordable Mixed Reality Headset, but Not Until 2025
    Apple's Vision Pro AR Headset Shakes Up Market With High-end Price Tag
    Following the release of its $3,499 Vision Pro, Apple is reportedly looking into launching a more affordable version of its mixed reality (MR) headset.
  • U.S. Bond Yields Have Peaked: HSBC Believes it's for Real This Time
    METAVERSE PUSH
    While the market is betting on the Federal Reserve skipping a rate hike in June, HSBC has confirmed that long-term U.S. bond yields have already peaked.
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