Jerry Lin
The Latest
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U.S. Inflation Rises to 3% in September, Strengthening Case for Fed Rate Cut Next Week
U.S. inflation climbed to 3% in September, coming in slightly below economists' expectations and reinforcing market confidence that the Federal Reserve will move forward with another interest rate cut at its policy meeting next week. 
U.S. inflation climbed to 3% in September, coming in slightly below economists' expectations and reinforcing market confidence that the Federal Reserve will move forward with another interest rate cut at its policy meeting next week. -
Gold Rebounds After Sharp Selloff; JP Morgan Predicts Record $6,000 by 2028
Gold prices rebounded Thursday after a steep two-day decline, as investors sought safety amid persistent global uncertainty and growing expectations of Federal Reserve rate cuts. Analysts at JP Morgan reaffirmed their bullish long-term outlook, forecasting the metal to average $5,055 per ounce by the fourth quarter of 2026 and potentially climb to $6,000 by 2028. 
Gold prices rebounded Thursday after a steep two-day decline, as investors sought safety amid persistent global uncertainty and growing expectations of Federal Reserve rate cuts. Analysts at JP Morgan reaffirmed their bullish long-term outlook, forecasting the metal to average $5,055 per ounce by the fourth quarter of 2026 and potentially climb to $6,000 by 2028. -
Oil Surges Nearly 5% as U.S. and EU Hit Russia’s Energy Sector, Markets Brace for Supply Shock
Oil prices surged nearly 5% on Thursday after President Donald Trump announced sweeping new sanctions on Russia's largest oil producers, Rosneft and Lukoil, a move that immediately rattled energy markets and lifted global stock indices tied to the sector. 
Oil prices surged nearly 5% on Thursday after President Donald Trump announced sweeping new sanctions on Russia's largest oil producers, Rosneft and Lukoil, a move that immediately rattled energy markets and lifted global stock indices tied to the sector. -
Japan’s New PM Sanae Takaichi Plans 14 Trillion Yen Stimulus to Tackle Inflation, Boost AI and Defense
Japan's new Prime Minister Sanae Takaichi is preparing an economic stimulus package exceeding 13.9 trillion yen ($92 billion) in her first major policy initiative since taking office this week, according to government sources familiar with the plan. The package, aimed at easing inflation pressures on households and revitalizing strategic sectors, could be unveiled as early as next month. 
Japan's new Prime Minister Sanae Takaichi is preparing an economic stimulus package exceeding 13.9 trillion yen ($92 billion) in her first major policy initiative since taking office this week, according to government sources familiar with the plan. The package, aimed at easing inflation pressures on households and revitalizing strategic sectors, could be unveiled as early as next month. -
UK Inflation Holds at 3.8%, Putting Bank of England’s Rate-Cut Plans on Hold
Britain's stubborn inflation held steady for a third consecutive month in September, dimming hopes that the Bank of England will move ahead with an interest rate cut before year-end. 
Britain's stubborn inflation held steady for a third consecutive month in September, dimming hopes that the Bank of England will move ahead with an interest rate cut before year-end. -
Gold Slides 8% From Record High as Traders Unwind Bets; Oil Rises on Geopolitical Jitters
Gold prices extended their decline Wednesday, erasing much of the year's record-breaking rally as investors rushed to lock in profits and analysts warned that speculative trading had reached unsustainable levels. 
Gold prices extended their decline Wednesday, erasing much of the year's record-breaking rally as investors rushed to lock in profits and analysts warned that speculative trading had reached unsustainable levels. -
China’s Economy Expands 4.8% in Q3, but Fixed-Asset Investment Records 'Rare and Alarming' Decline
China's economy grew 4.8% in the third quarter from a year earlier, matching forecasts but underscoring deep imbalances as property investment plunged and consumer spending lost steam. The slowdown, coupled with a 0.5% contraction in fixed-asset investment, marks the country's weakest domestic momentum in a year and comes as President Xi Jinping convenes top officials to finalize China's next five-year economic plan. 
China's economy grew 4.8% in the third quarter from a year earlier, matching forecasts but underscoring deep imbalances as property investment plunged and consumer spending lost steam. The slowdown, coupled with a 0.5% contraction in fixed-asset investment, marks the country's weakest domestic momentum in a year and comes as President Xi Jinping convenes top officials to finalize China's next five-year economic plan. -
Rare Earth Shipments From China Drop 6% Amid Fresh Export Curbs and U.S. Tariff Threats
China's exports of rare earth magnets fell sharply in September, deepening concerns that Beijing may again use its dominance in critical mineral supplies as leverage in trade negotiations with the United States. The latest data come as both governments prepare for renewed tariff talks ahead of the November 10 expiration of their 90-day truce. 
China's exports of rare earth magnets fell sharply in September, deepening concerns that Beijing may again use its dominance in critical mineral supplies as leverage in trade negotiations with the United States. The latest data come as both governments prepare for renewed tariff talks ahead of the November 10 expiration of their 90-day truce. -
Oil Prices Rise as India Considers Halting Russian Imports Under Trump Pressure
Oil prices rose Thursday as traders weighed the prospect of India curbing imports of Russian crude following U.S. President Donald Trump's claim that Prime Minister Narendra Modi had pledged to end purchases from Moscow. Brent crude climbed 54 cents, or 0.87%, to $62.45 a barrel, while U.S. West Texas Intermediate gained 56 cents, or 0.96%, to $58.83 by 11:35 a.m. GMT. 
Oil prices rose Thursday as traders weighed the prospect of India curbing imports of Russian crude following U.S. President Donald Trump's claim that Prime Minister Narendra Modi had pledged to end purchases from Moscow. Brent crude climbed 54 cents, or 0.87%, to $62.45 a barrel, while U.S. West Texas Intermediate gained 56 cents, or 0.96%, to $58.83 by 11:35 a.m. GMT. -
DOJ Seizes $15 Billion in Bitcoin as U.S. and U.K. Sanction Cambodia-Based ‘Pig Butchering’ Crime Network
The U.S. Department of Justice has seized about $15 billion in bitcoin linked to an alleged global fraud and human trafficking network based in Cambodia, marking the largest cryptocurrency forfeiture in its history. The operation targeted a sprawling "pig butchering" scam - an industry-scale investment fraud ring that U.S. prosecutors say was run by Chinese-born businessman Chen Zhi through his conglomerate, Prince Holding Group. 
The U.S. Department of Justice has seized about $15 billion in bitcoin linked to an alleged global fraud and human trafficking network based in Cambodia, marking the largest cryptocurrency forfeiture in its history. The operation targeted a sprawling "pig butchering" scam - an industry-scale investment fraud ring that U.S. prosecutors say was run by Chinese-born businessman Chen Zhi through his conglomerate, Prince Holding Group.
