Jerry Lin
The Latest
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Chipmaking Equipment Firms Anticipate Surge in China Sales Amid Export Restrictions
Chipmaking tool manufacturers Lam Research and ASML Holdings NV have expressed their expectations for a surge in sales to China in the coming months, despite U.S. export restrictions on cutting-edge semiconductor equipment. 
Chipmaking tool manufacturers Lam Research and ASML Holdings NV have expressed their expectations for a surge in sales to China in the coming months, despite U.S. export restrictions on cutting-edge semiconductor equipment. -
EU Antitrust Regulators Probe Luxury Goods Sector, Gucci Under Inspection
The European luxury goods industry faces increased scrutiny as European Union (EU) antitrust regulators initiated an inspection at a Gucci facility in Milan on Thursday. The investigation, which encompasses multiple countries, is focused on potential violations of the EU's Article 101, a source with direct knowledge of the matter revealed. 
The European luxury goods industry faces increased scrutiny as European Union (EU) antitrust regulators initiated an inspection at a Gucci facility in Milan on Thursday. The investigation, which encompasses multiple countries, is focused on potential violations of the EU's Article 101, a source with direct knowledge of the matter revealed. -
AI Arms Race Targets Hardware: Chip Equipment Demand Skyrockets
The AI boom has triggered an explosion in computing power demand, with GPU testing equipment manufacturers seizing new opportunities as Advantest's stock price soars over 37% this year. 
The AI boom has triggered an explosion in computing power demand, with GPU testing equipment manufacturers seizing new opportunities as Advantest's stock price soars over 37% this year. -
Crypto Companies Seek Banking Partners as Major Lenders Withdraw
Following the collapse of three crypto-friendly lenders in the U.S. last month, crypto firms are urgently seeking banking partners, with many turning to smaller financial institutions. U.S. regulators have voiced concerns about the safety of bank business models centered on crypto clients after Silvergate Capital Corp, Signature Bank, and Silicon Valley Bank's implosion. 
Following the collapse of three crypto-friendly lenders in the U.S. last month, crypto firms are urgently seeking banking partners, with many turning to smaller financial institutions. U.S. regulators have voiced concerns about the safety of bank business models centered on crypto clients after Silvergate Capital Corp, Signature Bank, and Silicon Valley Bank's implosion. -
Global Rice Shortage Reaches 20-Year High, Driving Up Food Prices
The world faces its most significant rice supply gap in 20 years, with major importers and countries experiencing high food inflation likely to be severely affected. 
The world faces its most significant rice supply gap in 20 years, with major importers and countries experiencing high food inflation likely to be severely affected. -
BYD's Seagull EV Steals the Spotlight with Unbeatable Price at Shanghai Auto Show
At the Shanghai auto show this week, a bright yellow hatchback named "Seagull" attracted huge crowds. Developed by China's largest electric vehicle (EV) maker, BYD, the affordable Seagull is priced at 78,000 yuan ($11,300), approximately half the cost of other new energy vehicles available in the market. 
At the Shanghai auto show this week, a bright yellow hatchback named "Seagull" attracted huge crowds. Developed by China's largest electric vehicle (EV) maker, BYD, the affordable Seagull is priced at 78,000 yuan ($11,300), approximately half the cost of other new energy vehicles available in the market. -
Bitcoin Plummets to $29,000 Amid Massive Sell-Off and Crypto Liquidations
Bitcoin (BTC) experienced a sudden drop of over 3% within a 15-minute window during European morning trading on Wednesday, pushing the leading cryptocurrency below the $30,000 mark and reaching lows of $29,000, according to CoinDesk data. 
Bitcoin (BTC) experienced a sudden drop of over 3% within a 15-minute window during European morning trading on Wednesday, pushing the leading cryptocurrency below the $30,000 mark and reaching lows of $29,000, according to CoinDesk data. -
Coinbase CEO Warns of Crypto Firms Going 'Offshore' Due to Unclear Regulations in the US and UK
Coinbase Global Inc.'s CEO, Brian Armstrong, has called for clearer cryptocurrency regulations in the United States and Britain to avoid the development of firms in "offshore havens." Armstrong's comments came during a conference organized by Innovate Finance, an industry body, and were prompted by the failure of the Bahamas-based FTX exchange last year. 
Coinbase Global Inc.'s CEO, Brian Armstrong, has called for clearer cryptocurrency regulations in the United States and Britain to avoid the development of firms in "offshore havens." Armstrong's comments came during a conference organized by Innovate Finance, an industry body, and were prompted by the failure of the Bahamas-based FTX exchange last year. -
Ant Group Fines Expected to Decrease to $700 Million as China Softens Stance
Chinese regulators are reportedly planning to reduce the fine on Ant Group by around 25% from the initially proposed amount of over $1 billion, as they aim to conclude the multi-year crackdown on prominent technology firms. Sources familiar with the matter revealed that the current fine being considered is approximately 5 billion yuan ($728 million). 
Chinese regulators are reportedly planning to reduce the fine on Ant Group by around 25% from the initially proposed amount of over $1 billion, as they aim to conclude the multi-year crackdown on prominent technology firms. Sources familiar with the matter revealed that the current fine being considered is approximately 5 billion yuan ($728 million). -
Bitcoin Miners Rejuvenate as Crypto Market Warms Up
After a harsh crypto winter, bitcoin miners are finally experiencing a financial resurgence, thanks to the cryptocurrency's rally above $30,000 and a decrease in electricity costs, leading to improved profitability. 
After a harsh crypto winter, bitcoin miners are finally experiencing a financial resurgence, thanks to the cryptocurrency's rally above $30,000 and a decrease in electricity costs, leading to improved profitability.
