Jerry Lin
The Latest
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China Establishes Nationwide Real Estate Registration System to Enhance Transparency
China has successfully constructed a nationwide, unified real estate registration system, according to a report by the official Xinhua news agency on Tuesday. This landmark development is expected to improve transparency in property ownership across the country. 
China has successfully constructed a nationwide, unified real estate registration system, according to a report by the official Xinhua news agency on Tuesday. This landmark development is expected to improve transparency in property ownership across the country. -
South Korean and US Firms Announce Multi-Billion Dollar Deals Ahead of President Yoon's Meeting with Biden
As South Korean President Yoon Suk Yeol commenced his state visit to Washington, major South Korean and US companies unveiled plans for investments, joint ventures, and other initiatives worth billions of dollars. Yoon, who refers to himself as South Korea's "No. 1 salesman," emphasizes business deals and "sales diplomacy" as central components of his international trips. 
As South Korean President Yoon Suk Yeol commenced his state visit to Washington, major South Korean and US companies unveiled plans for investments, joint ventures, and other initiatives worth billions of dollars. Yoon, who refers to himself as South Korea's "No. 1 salesman," emphasizes business deals and "sales diplomacy" as central components of his international trips. -
US Dollar Gains Amid Economic Concerns; Euro Retreats from Near 10-Month High
The US dollar strengthened on Tuesday as concerns over earnings and the global economic outlook intensified, pushing the euro away from a recent 10-month peak. The US dollar index rose about 0.2% to 101.37 after declining over 3.3% since early March. 
The US dollar strengthened on Tuesday as concerns over earnings and the global economic outlook intensified, pushing the euro away from a recent 10-month peak. The US dollar index rose about 0.2% to 101.37 after declining over 3.3% since early March. -
China Encourages Banks to Lower Deposit Rates to Boost Spending
In a bid to increase spending and direct the country's vast pool of savings towards more productive investments, China has urged banks to further reduce deposit interest rates, according to seven sources familiar with the matter. The guidance was provided during a meeting this month with members of China's "interest rate self-regulatory mechanism," which consists primarily of banks. 
In a bid to increase spending and direct the country's vast pool of savings towards more productive investments, China has urged banks to further reduce deposit interest rates, according to seven sources familiar with the matter. The guidance was provided during a meeting this month with members of China's "interest rate self-regulatory mechanism," which consists primarily of banks. -
Standard Chartered Forecasts $100,000 Bitcoin Value by Late 2024
Standard Chartered announced on Monday that the leading cryptocurrency, bitcoin, could potentially reach a value of $100,000 by the close of 2024, signaling an end to the so-called "crypto winter." 
Standard Chartered announced on Monday that the leading cryptocurrency, bitcoin, could potentially reach a value of $100,000 by the close of 2024, signaling an end to the so-called "crypto winter." -
Huawei Unveils MetaERP, Its Cloud-Based In-House Solution for Enterprise Resource Planning
Chinese tech behemoth Huawei has announced its transition from legacy Enterprise Resource Planning (ERP) systems to its internally developed MetaERP. Huawei CEO Ren Zhengfei previously mentioned the company's switch to in-house operating systems, databases, compilers, and languages, as well as the development of the MetaERP management system during a March 20 ceremony in Shenzhen. 
Chinese tech behemoth Huawei has announced its transition from legacy Enterprise Resource Planning (ERP) systems to its internally developed MetaERP. Huawei CEO Ren Zhengfei previously mentioned the company's switch to in-house operating systems, databases, compilers, and languages, as well as the development of the MetaERP management system during a March 20 ceremony in Shenzhen. -
Twitter Removes 'Government-Funded' and 'State-Affiliated' Labels from Media Accounts Worldwide
Twitter has removed the "Government-funded" and "China state-affiliated" labels from the accounts of several international media organizations, including U.S.-based National Public Radio (NPR), British Broadcasting Corp (BBC), and Canadian Broadcasting Corporation (CBC). 
Twitter has removed the "Government-funded" and "China state-affiliated" labels from the accounts of several international media organizations, including U.S.-based National Public Radio (NPR), British Broadcasting Corp (BBC), and Canadian Broadcasting Corporation (CBC). -
Indian Court Dismisses Xiaomi's Appeal Against $676 Million Asset Seizure
An Indian court has dismissed a petition by Chinese smartphone manufacturer Xiaomi Corp (1810.HK) challenging the seizure of INR 55.51 billion ($676 million) in assets, according to two sources familiar with the situation. 
An Indian court has dismissed a petition by Chinese smartphone manufacturer Xiaomi Corp (1810.HK) challenging the seizure of INR 55.51 billion ($676 million) in assets, according to two sources familiar with the situation. -
Dollar Set for First Weekly Gain in Two Months Amid Rate Hike Expectations
The U.S. dollar is on track to achieve its first weekly gain in almost two months as investors increased their bets on the Federal Reserve raising interest rates in May. Meanwhile, an unexpected improvement in the eurozone economy during April has bolstered the euro. 
The U.S. dollar is on track to achieve its first weekly gain in almost two months as investors increased their bets on the Federal Reserve raising interest rates in May. Meanwhile, an unexpected improvement in the eurozone economy during April has bolstered the euro. -
Sberbank CEO Reveals Growing Yuan Demand in Russia Amid Currency Swap Utilization
Sberbank CEO German Gref stated on Friday that the demand for the Chinese yuan is increasing in Russia. He noted that the bank has utilized central bank currency swaps for accessing yuan liquidity. The US dollar had been the dominant currency in Russia since the Soviet Union's collapse in 1991; however, the yuan has gained significant importance over the past year. 
Sberbank CEO German Gref stated on Friday that the demand for the Chinese yuan is increasing in Russia. He noted that the bank has utilized central bank currency swaps for accessing yuan liquidity. The US dollar had been the dominant currency in Russia since the Soviet Union's collapse in 1991; however, the yuan has gained significant importance over the past year.
