Jerry Lin

Jerry Lin

The Latest

  • Singapore Wealth Organization Refutes Claims of Suppressed Information on China-Related Fund Inflows
    Monetary Authority of Singapore
    On Friday, a private banking industry group in Singapore refuted a media report claiming that the city-state had requested global banks to refrain from disclosing information about wealth inflows from China over the past year due to political sensitivities.
  • Boeing Stock Plummets as 737 MAX Deliveries Halted Due to Supplier Issue
    Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake
    Boeing Co's (BA.N) shares experienced a 4.5% drop in premarket trading on Friday as the company paused deliveries of some 737 MAXs following a new supplier quality issue involving Spirit AeroSystems (SPR.N). Spirit, responsible for manufacturing fuselage, thrust reversers, engine pylons, and wing components for the 737 MAX airplanes, saw its shares plummet over 11.7%.
  • Twitter Introduces Content Subscription Feature for Users in Revenue Boosting Effort
    MORE TWITTER BANS
    On Thursday, Twitter owner Elon Musk announced that users of the social media platform will soon be able to offer their followers content subscriptions, including long-form text and extended video content. Users can access the feature through the "Monetization" tab in their settings.
  • Twitter and eToro Collaborate to Enable Stock and Crypto Trading as Musk Aims to Transform App into Financial Hub
    Elon Musk
    In a partnership with social trading firm eToro, Twitter will allow its users to access stocks, cryptocurrencies, and other financial assets. Beginning Thursday, the Twitter app will introduce a new feature that enables users to view market charts for a broader range of financial instruments and buy and sell stocks and other assets through eToro, as exclusively reported by CNBC.
  • Ether Surpasses $2,000 Following Shanghai Upgrade, Outperforming Bitcoin
    DOWN
    Ether climbed to $2,003 on Thursday, achieving its highest level since August. This surge to an eight-month peak follows the successful implementation of the Shanghai, or Shapella, network upgrade.
  • Dogecoin Gains 5.8% Amid Speculation of Elon Musk's Involvement in Twitter Crypto Trading
    Dogecoin
    Dogecoin has experienced a 5.89% increase, bouncing back from Wednesday's low of $0.0809 after Twitter announced a partnership with eToro to introduce crypto trading. Twitter CEO Elon Musk, a well-known dogecoin advocate, has previously promoted the cryptocurrency, even dedicating a segment to it during his 2021 appearance on Saturday Night Live.
  • Chinese Battery Manufacturer SVOLT Reportedly Targets Five European Factories for Expansion by 2030
    Chinese battery manufacturer SVOLT Targets Five European Factories for Expansion by 2030
    Chinese battery manufacturer SVOLT Energy Technology Co plans to establish as many as five factories across Europe, according to a Bloomberg News report. The company is said to be exploring locations in eastern, northern, and western Europe, with one major site potentially having a 20-gigawatt capacity.
  • China Experiences Unexpected Export Surge, Yet Economists Anticipate Future Weakness
    China Export
    In an unforeseen turn of events, China's exports experienced a significant boost in March, driven by increased demand for electric vehicles. However, analysts warn that this growth may be temporary as suppliers fulfill outstanding orders disrupted by COVID-19 last year.
  • Biden's Muted Reaction to OPEC+ Cuts Could Signal Economic Slowdown and Risks
    REJECT MAGA
    President Joe Biden's restrained response to OPEC+'s unexpected decision to reduce oil production earlier this month contrasts sharply with his warnings of "consequences" for Saudi Arabia when the oil cartel lowered output last October.
  • Sunac Shares Drop Over 50% After Over a Year of Trading Suspension Amid Debt Restructuring
    Sunac Shares Drop Over 50% After Over a Year of Trading Suspension Amid Debt Restructuring
    Sunac China Holdings Ltd, a Chinese property developer, saw its shares plummet by more than 50% on Thursday morning as trading resumed after a suspension lasting more than a year. The company is currently restructuring its debt following a default.
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