Jerry Lin
The Latest
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CICC Slashes Bonuses Amid Beijing's Push to Address Income Inequality
China International Capital Corp (CICC) is set to reduce bonuses for dealmakers by as much as 40% in response to the Chinese government's push to narrow income disparity, according to three sources with direct knowledge of the situation. This significant reduction marks one of the financial sector's most substantial cuts in the past two years. 
China International Capital Corp (CICC) is set to reduce bonuses for dealmakers by as much as 40% in response to the Chinese government's push to narrow income disparity, according to three sources with direct knowledge of the situation. This significant reduction marks one of the financial sector's most substantial cuts in the past two years. -
Italian Drug Cartels Turn to Chinese Underground Banking for Concealing Payments
Italian drug cartels are increasingly utilizing unlicensed Chinese money brokers to obscure cross-border transactions, according to Italian law enforcement and judicial authorities. This recent trend highlights how an issue, previously associated with Latin American narcotics groups and combated by U.S. authorities, has infiltrated Europe. 
Italian drug cartels are increasingly utilizing unlicensed Chinese money brokers to obscure cross-border transactions, according to Italian law enforcement and judicial authorities. This recent trend highlights how an issue, previously associated with Latin American narcotics groups and combated by U.S. authorities, has infiltrated Europe. -
Foxconn Founder Terry Gou Makes Second Attempt at Taiwan Presidency
Terry Gou, the founder of Apple supplier Foxconn, is once again seeking the presidential nomination for Taiwan's main opposition party, the Kuomintang (KMT), which has historically advocated for close ties with China. 
Terry Gou, the founder of Apple supplier Foxconn, is once again seeking the presidential nomination for Taiwan's main opposition party, the Kuomintang (KMT), which has historically advocated for close ties with China. -
Chinese Carrier Group Sails Near Taiwan Ahead of Tsai Ing-wen's Meeting with US House Speaker
On Wednesday, Taiwan's defense ministry announced that a Chinese aircraft carrier group was sailing in the waters southeast of the island, coinciding with President Tsai Ing-wen's meeting with U.S. House Speaker Kevin McCarthy in Los Angeles. 
On Wednesday, Taiwan's defense ministry announced that a Chinese aircraft carrier group was sailing in the waters southeast of the island, coinciding with President Tsai Ing-wen's meeting with U.S. House Speaker Kevin McCarthy in Los Angeles. -
Finland Joins NATO, Expanding Alliance's Border with Russia and Challenging Putin
Finland officially became NATO's 31st member on Tuesday, marking a significant shift in northeastern Europe's security landscape and extending the alliance's border with Russia by 1,300 kilometers (830 miles). The Nordic nation's accession took place during a formal ceremony at NATO headquarters in Brussels. 
Finland officially became NATO's 31st member on Tuesday, marking a significant shift in northeastern Europe's security landscape and extending the alliance's border with Russia by 1,300 kilometers (830 miles). The Nordic nation's accession took place during a formal ceremony at NATO headquarters in Brussels. -
Foreign Investment Floods into China Following Alibaba's Restructuring Announcement
Foreign investors are increasingly turning their attention to China following Alibaba's decision to reorganize its business, which many money managers interpret as an indication of a more business-friendly approach by the Chinese government as the country's economic growth accelerates. 
Foreign investors are increasingly turning their attention to China following Alibaba's decision to reorganize its business, which many money managers interpret as an indication of a more business-friendly approach by the Chinese government as the country's economic growth accelerates. -
Surge in China's New Home Sales in March Bolstered by Support Policies - Survey
China experienced a sharp increase in new home sales in March, with supportive policies driving a resurgence in demand across 14 cities surveyed, according to a private survey released on Monday. 
China experienced a sharp increase in new home sales in March, with supportive policies driving a resurgence in demand across 14 cities surveyed, according to a private survey released on Monday. -
Gold Recovers as Dollar Eases on OPEC+ Output Cut-Driven Gains
Gold prices experienced a rebound on Monday, as the dollar scaled back its initial gains spurred by predictions that the unexpected output cuts by OPEC+ could lead to increased global energy prices, prompting central banks to raise interest rates. 
Gold prices experienced a rebound on Monday, as the dollar scaled back its initial gains spurred by predictions that the unexpected output cuts by OPEC+ could lead to increased global energy prices, prompting central banks to raise interest rates. -
Easing of China's Border Controls Spurs Property Investment in Asia
The relaxation of China's stringent COVID-19 border restrictions has led to a surge in cash outflows for international property investments, according to real estate agents and property data from Australia, Singapore, and Thailand. 
The relaxation of China's stringent COVID-19 border restrictions has led to a surge in cash outflows for international property investments, according to real estate agents and property data from Australia, Singapore, and Thailand. -
Elon Musk Revokes New York Times' Twitter Verification in Apparent Retaliation
In a surprising move, Elon Musk instructed Twitter to remove the New York Times' verified checkmark, seemingly in response to the publication's decision not to pay for the platform's new verification fee structure. 
In a surprising move, Elon Musk instructed Twitter to remove the New York Times' verified checkmark, seemingly in response to the publication's decision not to pay for the platform's new verification fee structure.
