Jerry Lin
The Latest
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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. -
Google's Quest for AI Dominance: A Game of Data Hoarding
Data, one of the three critical components for the development of artificial intelligence technology, has always been a focal point in this global "clash of tech titans". Data, one of the three critical components for the development of artificial intelligence technology, has always been a focal point in this global "clash of tech titans". -
A First in Three Years: Singapore Property Prices Take a Dip
Under a series of government regulatory policies, Singapore's housing prices have taken a downturn in the second quarter of this year, the first decline in three years, signaling a cooling in the real estate market. Under a series of government regulatory policies, Singapore's housing prices have taken a downturn in the second quarter of this year, the first decline in three years, signaling a cooling in the real estate market. -
AI Boom Overpowers U.S. Dividend Stocks, Witnessing Worst Half-Year Since 2009
Despite the Federal Reserve's recurring hawkish stance, the market's hope for a "soft landing" of the U.S. economy remains unabated. The winter of U.S. stocks seemed to have ended last year, and the once cherished dividend stocks during economic recession have now become passé. Despite the Federal Reserve's recurring hawkish stance, the market's hope for a "soft landing" of the U.S. economy remains unabated. The winter of U.S. stocks seemed to have ended last year, and the once cherished dividend stocks during economic recession have now become passé. -
Apple Faces Production Setback, Vision Pro Headset Production Slashes in Half
Apple Inc. is forced to significantly cut down the production of its Vision Pro headset, a mixed reality (MR) device released on June 6 this year, to a ceiling of 400,000 units in 2024. The company's original aim was to achieve a shipment of one million units in the same year, according to the Financial Times on Monday. Apple's Chinese exclusive suppliers for certain parts of the Vision Pro reported that the tech giant requested an initial production of only between 130,000 to 150,000 units. Apple Inc. is forced to significantly cut down the production of its Vision Pro headset, a mixed reality (MR) device released on June 6 this year, to a ceiling of 400,000 units in 2024. The company's original aim was to achieve a shipment of one million units in the same year, according to the Financial Times on Monday. Apple's Chinese exclusive suppliers for certain parts of the Vision Pro reported that the tech giant requested an initial production of only between 130,000 to 150,000 units.