Jerry Lin
The Latest
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US Inflation Accelerates in March, Surpassing Expectations at 3.5% Year-Over-Year
US consumer prices rose at a faster-than-expected pace in March, pushing the annual inflation rate to 3.5% and likely dashing hopes that the Federal Reserve will be able to cut interest rates in the near future. 
US consumer prices rose at a faster-than-expected pace in March, pushing the annual inflation rate to 3.5% and likely dashing hopes that the Federal Reserve will be able to cut interest rates in the near future. -
China Fights Back After Fitch Downgrades Its Ratings Outlook for Increasing Risks to Public Finances
Fitch Ratings has cut its outlook on China's sovereign credit rating from "stable" to "negative," citing increasing risks to the country's public finances as it navigates a challenging economic transition. The move follows a similar downgrade by Moody's in December and comes as Beijing ramps up efforts to stimulate a sluggish post-COVID recovery in the world's second-largest economy. 
Fitch Ratings has cut its outlook on China's sovereign credit rating from "stable" to "negative," citing increasing risks to the country's public finances as it navigates a challenging economic transition. The move follows a similar downgrade by Moody's in December and comes as Beijing ramps up efforts to stimulate a sluggish post-COVID recovery in the world's second-largest economy. -
IMF Report: G20 Emerging Economies' Shocks Significantly Impact Global Growth
The International Monetary Fund (IMF) has released a comprehensive report underscoring the increasing influence of G20 emerging economies on global economic growth. 
The International Monetary Fund (IMF) has released a comprehensive report underscoring the increasing influence of G20 emerging economies on global economic growth. -
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%.
