Jerry Lin
The Latest
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HSBC Intensifies Focus on Asia with China Wealth Expansion and Argentina Business Sale
HSBC is setting an aggressive pace for the expansion of its wealth business in China, despite prevailing economic challenges. Nuno Matos, the bank's wealth and personal banking CEO, revealed plans to nearly double the wealth management workforce in China by 2025, in line with HSBC's strategic pivot towards the continent. 
HSBC is setting an aggressive pace for the expansion of its wealth business in China, despite prevailing economic challenges. Nuno Matos, the bank's wealth and personal banking CEO, revealed plans to nearly double the wealth management workforce in China by 2025, in line with HSBC's strategic pivot towards the continent. -
Oil Prices Dip Amid Middle East Conflict and Ceasefire Uncertainties
Oil markets experienced a slight downturn for the second consecutive day as traders paused to assess the evolving geopolitical landscape in the Middle East. 
Oil markets experienced a slight downturn for the second consecutive day as traders paused to assess the evolving geopolitical landscape in the Middle East. -
Oil Prices Dip as Market Awaits Iran's Retaliation Against Israel Over Damascus Strike
Oil prices fell on Monday as the market closely watched for Iran's potential retaliation against Israel over a missile strike on the Islamic Republic's consulate in Damascus. The West Texas Intermediate (WTI) contract for May delivery dropped 60 cents, or 0.69%, to $86.31 a barrel, while the June Brent contract lost 68 cents, or 0.71%, to $90.96 a barrel. 
Oil prices fell on Monday as the market closely watched for Iran's potential retaliation against Israel over a missile strike on the Islamic Republic's consulate in Damascus. The West Texas Intermediate (WTI) contract for May delivery dropped 60 cents, or 0.69%, to $86.31 a barrel, while the June Brent contract lost 68 cents, or 0.71%, to $90.96 a barrel. -
Gold Prices Hit Record High, but Veteran Advisor Warns of Potential Setback
Gold prices extended their record-breaking run on Monday, briefly hitting a fresh all-time high of $2,372.5 per ounce before trading mixed at $2,327 per ounce around 1:45 p.m. London time. 
Gold prices extended their record-breaking run on Monday, briefly hitting a fresh all-time high of $2,372.5 per ounce before trading mixed at $2,327 per ounce around 1:45 p.m. London time. -
Gold Market Under Pressure as U.S. Economy Adds 303,000 Jobs in March, Testing $2,300 Support
NEW YORK - Gold prices are on a bullish trajectory, with one market veteran predicting the precious metal could reach $2,600 per ounce within a year. Juerg Kiener, chief investment officer at Swiss Asia Capital, told CNBC's "Street Signs Asia" on Wednesday that his forward curve analysis for gold "looks fantastic." 
NEW YORK - Gold prices are on a bullish trajectory, with one market veteran predicting the precious metal could reach $2,600 per ounce within a year. Juerg Kiener, chief investment officer at Swiss Asia Capital, told CNBC's "Street Signs Asia" on Wednesday that his forward curve analysis for gold "looks fantastic." -
US Job Market Surges in March with 303,000 Jobs Added, Unemployment Rate Drops to 3.8%
The US economy continued to demonstrate its resilience in March, as the labor market added a remarkable 303,000 nonfarm payroll jobs, significantly surpassing the 214,000 expected by economists, according to data released Friday by the Bureau of Labor Statistics. Concurrently, the unemployment rate decreased to 3.8% from 3.9% in February, further underscoring the strength of the job market. 
The US economy continued to demonstrate its resilience in March, as the labor market added a remarkable 303,000 nonfarm payroll jobs, significantly surpassing the 214,000 expected by economists, according to data released Friday by the Bureau of Labor Statistics. Concurrently, the unemployment rate decreased to 3.8% from 3.9% in February, further underscoring the strength of the job market. -
Mortgage Rates Inch Higher as Housing Market Remains Stalled Amid Affordability Crisis
Mortgage rates have risen slightly this week, further compounding the ongoing housing affordability crisis and dampening homebuyer demand. According to Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, the average rate on the benchmark 30-year fixed mortgage increased to 6.82% from 6.79% last week, while the average rate on the 15-year fixed mortgage dipped slightly to 6.06% from 6.11%. 
Mortgage rates have risen slightly this week, further compounding the ongoing housing affordability crisis and dampening homebuyer demand. According to Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, the average rate on the benchmark 30-year fixed mortgage increased to 6.82% from 6.79% last week, while the average rate on the 15-year fixed mortgage dipped slightly to 6.06% from 6.11%. -
Fed Chair Powell: Rate Cuts Likely This Year, but Timing Remains Uncertain Amid Strong Economic Data
Federal Reserve Chairman Jerome Powell said on Wednesday that while interest rate cuts are likely to be appropriate at some point this year, the timing of such moves remains uncertain as policymakers await more evidence that inflation is easing. 
Federal Reserve Chairman Jerome Powell said on Wednesday that while interest rate cuts are likely to be appropriate at some point this year, the timing of such moves remains uncertain as policymakers await more evidence that inflation is easing. -
Euro Zone Inflation Unexpectedly Drops to 2.4%, Strengthening Case for ECB Rate Cuts
Euro zone inflation fell more than expected in March, dropping to 2.4% from 2.6% in February, according to data released by Eurostat on Wednesday. The unexpected decline, driven by lower food, energy, and industrial goods prices, has bolstered the case for the European Central Bank (ECB) to start cutting interest rates from record highs. 
Euro zone inflation fell more than expected in March, dropping to 2.4% from 2.6% in February, according to data released by Eurostat on Wednesday. The unexpected decline, driven by lower food, energy, and industrial goods prices, has bolstered the case for the European Central Bank (ECB) to start cutting interest rates from record highs. -
U.S. Private Sector Job Growth Surges in March, Exceeding Expectations
The U.S. labor market demonstrated remarkable resilience in March, as private sector employment saw significant gains, outpacing analysts' expectations. According to the latest report from ADP, companies added 184,000 jobs, marking the most substantial increase since July of the previous year. 
The U.S. labor market demonstrated remarkable resilience in March, as private sector employment saw significant gains, outpacing analysts' expectations. According to the latest report from ADP, companies added 184,000 jobs, marking the most substantial increase since July of the previous year.
