Jerry Lin
The Latest
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Wholesale Inflation Surges, Casting Doubts on Fed Rate Cuts
The inflationary landscape in the United States continues to present challenges, as evidenced by the latest figures from the Department of Labor. January saw a notable uptick in wholesale prices, with the producer price index (PPI) rising by 0.3%, surpassing expectations and marking the most significant monthly increase since August. 
The inflationary landscape in the United States continues to present challenges, as evidenced by the latest figures from the Department of Labor. January saw a notable uptick in wholesale prices, with the producer price index (PPI) rising by 0.3%, surpassing expectations and marking the most significant monthly increase since August. -
Deputy PM Wong Unveils Measures to Strengthen Singapore's Economic and Social Fabric in 2024 Budget
Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong unveiled the 2024 Budget, introducing a suite of measures that include household cash subsidies, vouchers, and strategic investments in artificial intelligence (AI). 
Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong unveiled the 2024 Budget, introducing a suite of measures that include household cash subsidies, vouchers, and strategic investments in artificial intelligence (AI). -
DeFi Trading Tied to Dollar's Strength, Says Fed's Christopher Waller
In a recent address at the "Climate, Currency, and Central Banking" conference held in the Bahamas, Federal Reserve Governor Christopher Waller offered an optimistic perspective on the future of decentralized finance (DeFi) and its potential to bolster the global dominance of the U.S. dollar. 
In a recent address at the "Climate, Currency, and Central Banking" conference held in the Bahamas, Federal Reserve Governor Christopher Waller offered an optimistic perspective on the future of decentralized finance (DeFi) and its potential to bolster the global dominance of the U.S. dollar. -
Coinbase Shares Soar 12% Amid Surging Trading Volumes and Bitcoin ETF Optimism
Coinbase Global, a leading cryptocurrency exchange, reported its first quarterly profit since 2021, propelled by a surge in trading volumes linked to the excitement surrounding spot bitcoin exchange-traded funds (ETFs). Ahead of the market opening on Friday, Coinbase shares soared by 12%, potentially elevating the company's market value by nearly $5 billion and marking its highest trading level this year. 
Coinbase Global, a leading cryptocurrency exchange, reported its first quarterly profit since 2021, propelled by a surge in trading volumes linked to the excitement surrounding spot bitcoin exchange-traded funds (ETFs). Ahead of the market opening on Friday, Coinbase shares soared by 12%, potentially elevating the company's market value by nearly $5 billion and marking its highest trading level this year. -
Japan Falls to Fourth-Largest Economy Amid Unexpected Recession
Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final quarter of 2023, as reported by the Cabinet Office. 
Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final quarter of 2023, as reported by the Cabinet Office. -
Sharp Decline in January US Retail Sales Signals Economic Caution
The 0.8% decrease in consumer spending, adjusted for seasonal factors but not inflation, surpassed economists' predictions, who had anticipated a more modest decline of 0.3%. This downturn follows a revised gain of 0.4% in December, suggesting a potential shift in consumer behavior at the outset of the year. 
The 0.8% decrease in consumer spending, adjusted for seasonal factors but not inflation, surpassed economists' predictions, who had anticipated a more modest decline of 0.3%. This downturn follows a revised gain of 0.4% in December, suggesting a potential shift in consumer behavior at the outset of the year. -
U.S. Treasury Downplays Role of Crypto in Financing Palestinian Militant Groups
In a recent disclosure by the U.S. Treasury Department, officials have minimized the significance of cryptocurrencies in the financial operations of Palestinian militant factions Hamas and the Palestinian Islamic Jihad (PIJ), challenging prevailing narratives about digital assets' role in global terrorism financing. 
In a recent disclosure by the U.S. Treasury Department, officials have minimized the significance of cryptocurrencies in the financial operations of Palestinian militant factions Hamas and the Palestinian Islamic Jihad (PIJ), challenging prevailing narratives about digital assets' role in global terrorism financing. -
UK Economy Enters Recession, Challenging Sunak's Growth Pledge
The United Kingdom's economy has officially entered a recession, marking a significant downturn and the weakest annual growth since the aftermath of the 2008 financial crisis, excluding the pandemic-impacted year of 2020. 
The United Kingdom's economy has officially entered a recession, marking a significant downturn and the weakest annual growth since the aftermath of the 2008 financial crisis, excluding the pandemic-impacted year of 2020. -
FinCEN Report Unveils Bitcoin's Role in Human Trafficking and Child Exploitation
A recent report from the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) highlights a concerning trend in the realm of digital finance, specifically pointing to Bitcoin as the predominant currency in transactions related to human trafficking and online child sexual exploitation (OCSE). 
A recent report from the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) highlights a concerning trend in the realm of digital finance, specifically pointing to Bitcoin as the predominant currency in transactions related to human trafficking and online child sexual exploitation (OCSE). -
Gold Prices Plunge Below $2,000 as Stubborn Inflation Dashes Rate Cut Hopes
Gold prices tumbled below the critical threshold of $2,000 per ounce, marking the lowest point in two months, as a U.S. inflation report that exceeded expectations dampened hopes for an imminent reduction in interest rates by the Federal Reserve. 
Gold prices tumbled below the critical threshold of $2,000 per ounce, marking the lowest point in two months, as a U.S. inflation report that exceeded expectations dampened hopes for an imminent reduction in interest rates by the Federal Reserve.
