Jerry Lin
The Latest
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South Korea's Stock Market Fails to Upgrade Amid Short-Selling Ban
Despite South Korea's "Hantech" trend gaining traction, global index provider MSCI has once again classified South Korea as an emerging market in its latest market classification review, aligning with market expectations. 
Despite South Korea's "Hantech" trend gaining traction, global index provider MSCI has once again classified South Korea as an emerging market in its latest market classification review, aligning with market expectations. -
U.S. Adds Japan to Currency Watchlist Amid Yen Intervention
The United States Treasury Department has added Japan to its "monitoring list" of major trading partners whose currency practices warrant close scrutiny. This decision, announced on Thursday, comes as part of the Treasury's semi-annual report, which evaluates the foreign exchange activities of countries with significant trade surpluses. 
The United States Treasury Department has added Japan to its "monitoring list" of major trading partners whose currency practices warrant close scrutiny. This decision, announced on Thursday, comes as part of the Treasury's semi-annual report, which evaluates the foreign exchange activities of countries with significant trade surpluses. -
Dollar Rises as Pound and Swiss Franc Dip Amid Central Bank Actions
The U.S. dollar rose on Thursday, bolstered by a combination of central bank meetings and mixed economic signals, which kept currency traders on high alert. The dollar index, which measures the greenback against a basket of six major currencies, gained 0.2% to reach 105.42, reflecting a volatile period marked by uncertain economic indicators and political instability in Europe. 
The U.S. dollar rose on Thursday, bolstered by a combination of central bank meetings and mixed economic signals, which kept currency traders on high alert. The dollar index, which measures the greenback against a basket of six major currencies, gained 0.2% to reach 105.42, reflecting a volatile period marked by uncertain economic indicators and political instability in Europe. -
Oil Prices Hover Near $85 Amid Middle East Tensions and Awaited US Inventory Data
Brent crude oil prices remained steady on Thursday, holding just below seven-week highs as the market closely monitors escalating conflict in the Middle East and anticipates the latest U.S. inventory data. By 11:45 GMT, Brent futures for August delivery had risen 28 cents, or 0.3%, to $85.35 a barrel, while U.S. West Texas Intermediate (WTI) futures for July, expiring on Thursday, edged up 13 cents, or 0.2%, to $81.70 a barrel. 
Brent crude oil prices remained steady on Thursday, holding just below seven-week highs as the market closely monitors escalating conflict in the Middle East and anticipates the latest U.S. inventory data. By 11:45 GMT, Brent futures for August delivery had risen 28 cents, or 0.3%, to $85.35 a barrel, while U.S. West Texas Intermediate (WTI) futures for July, expiring on Thursday, edged up 13 cents, or 0.2%, to $81.70 a barrel. -
Record $40 Billion Inflow Expected as Global Funds Target Indian Debt Market
According to data from Wednesday, as of June 18, global funds have net purchased 73.5 billion rupees ($8.81 billion) in Indian government bonds this month. This is an increase from the 52 billion rupees bought in May and a significant reversal from the 98.3 billion rupees sold in April. 
According to data from Wednesday, as of June 18, global funds have net purchased 73.5 billion rupees ($8.81 billion) in Indian government bonds this month. This is an increase from the 52 billion rupees bought in May and a significant reversal from the 98.3 billion rupees sold in April. -
UK Conservatives Hail Inflation Drop as Election Approaches
Inflation in the United Kingdom has returned to the Bank of England's target rate of 2% for the first time in nearly three years, a milestone seized upon by the governing Conservative Party as proof of their effective economic management ahead of the July 4 election. 
Inflation in the United Kingdom has returned to the Bank of England's target rate of 2% for the first time in nearly three years, a milestone seized upon by the governing Conservative Party as proof of their effective economic management ahead of the July 4 election. -
Warren Buffett Increases Stake in Occidental Petroleum to Nearly 29%
Warren Buffett's Berkshire Hathaway has significantly increased its stake in Occidental Petroleum, purchasing shares for nine consecutive trading sessions. This move has pushed the conglomerate's holding in the Houston-based oil and gas producer to nearly 29%, according to recent regulatory filings. 
Warren Buffett's Berkshire Hathaway has significantly increased its stake in Occidental Petroleum, purchasing shares for nine consecutive trading sessions. This move has pushed the conglomerate's holding in the Houston-based oil and gas producer to nearly 29%, according to recent regulatory filings. -
Oil Prices Rebound Amid Improved Market Sentiment and Federal Reserve Optimism
Oil prices have seen a notable recovery following a period of decline triggered by an OPEC+ announcement. The resurgence in prices is attributed to an improved market sentiment and potential optimistic signals from the U.S. Federal Reserve, which could further bolster oil prices. 
Oil prices have seen a notable recovery following a period of decline triggered by an OPEC+ announcement. The resurgence in prices is attributed to an improved market sentiment and potential optimistic signals from the U.S. Federal Reserve, which could further bolster oil prices. -
Paris Loses Stock Market Crown to London Amid Political Uncertainty
London has reclaimed its position as Europe's largest stock market, overtaking Paris as political uncertainty looms in France. According to Bloomberg, the total market value of stocks listed in the United Kingdom now stands at approximately $3.18 trillion, surpassing France's $3.13 trillion. This shift comes as fears over the outcome of France's upcoming parliamentary elections intensify. 
London has reclaimed its position as Europe's largest stock market, overtaking Paris as political uncertainty looms in France. According to Bloomberg, the total market value of stocks listed in the United Kingdom now stands at approximately $3.18 trillion, surpassing France's $3.13 trillion. This shift comes as fears over the outcome of France's upcoming parliamentary elections intensify. -
Retail Sales Growth Slows in May as Consumers Face Inflation and High Interest Rates
Retail sales in the United States increased at a slower-than-expected pace in May, reflecting the ongoing impact of high interest rates and inflation on consumer spending. According to the Commerce Department, retail sales rose by a modest 0.1% last month, falling short of economists' predictions of a 0.3% increase. This follows a revised 0.2% decline in April. 
Retail sales in the United States increased at a slower-than-expected pace in May, reflecting the ongoing impact of high interest rates and inflation on consumer spending. According to the Commerce Department, retail sales rose by a modest 0.1% last month, falling short of economists' predictions of a 0.3% increase. This follows a revised 0.2% decline in April.
