Jerry Lin
The Latest
-
Foreign Shareholders Suspend Involvement in Russian Arctic LNG Project Amid Sanctions
According to a report from Russia's "Businessman Newspaper" on December 25, foreign shareholders, including Total Energies, China National Petroleum Corporation (CNPC), and China National Offshore Oil Corporation (CNOOC), have declared force majeure due to U.S. sanctions. 
According to a report from Russia's "Businessman Newspaper" on December 25, foreign shareholders, including Total Energies, China National Petroleum Corporation (CNPC), and China National Offshore Oil Corporation (CNOOC), have declared force majeure due to U.S. sanctions. -
Global Banking Sector Faces Largest Layoffs Since Financial Crisis with Over 60,000 Jobs Cut in 2023
In a year marked by rapid changes in the macroeconomic and financial environment, the global banking industry has faced significant challenges. According to data, the sector has seen over 60,000 layoffs throughout the year, marking the largest scale of job cuts since the financial crisis. 
In a year marked by rapid changes in the macroeconomic and financial environment, the global banking industry has faced significant challenges. According to data, the sector has seen over 60,000 layoffs throughout the year, marking the largest scale of job cuts since the financial crisis. -
Economists Predict Modest Growth for Eurozone in 2024, Avoiding Further Recession
Looking ahead to 2024, economists are slightly more pessimistic than market expectations about Europe's prospects, with most predicting that the Eurozone's GDP growth rate will be just over 0.6%, indicating weak growth but not a recession. 
Looking ahead to 2024, economists are slightly more pessimistic than market expectations about Europe's prospects, with most predicting that the Eurozone's GDP growth rate will be just over 0.6%, indicating weak growth but not a recession. -
Warning from Fitch: 88% of Major U.S. Cities Have Overvalued Housing Prices
According to reports, Fitch Ratings' latest report indicates that 88% of housing prices in major U.S. metropolitan areas are overvalued. 
According to reports, Fitch Ratings' latest report indicates that 88% of housing prices in major U.S. metropolitan areas are overvalued. -
Mediterranean Shipping Undercurrents: Maersk Resumes Red Sea Transit Amid Tensions
As the Houthi armed forces in Yemen continue their attacks in the Red Sea, major international shipping giants like Maersk, Hapag-Lloyd, CMA CGM, and Mediterranean Shipping Company announced a suspension of Red Sea transportation in mid-December. This has led to a significant surge in transportation market rates for Asia-Europe routes. 
As the Houthi armed forces in Yemen continue their attacks in the Red Sea, major international shipping giants like Maersk, Hapag-Lloyd, CMA CGM, and Mediterranean Shipping Company announced a suspension of Red Sea transportation in mid-December. This has led to a significant surge in transportation market rates for Asia-Europe routes. -
Unveiling Buffett's Successor: What Makes Greg Abel the Right Choice?
The recent passing of Warren Buffett's golden partner, Charlie Munger, has refocused attention on Berkshire. In fact, the 93-year-old Buffett had already confirmed at the 2021 Berkshire annual shareholder meeting that Greg Abel would succeed him as the CEO of Berkshire Hathaway. 
The recent passing of Warren Buffett's golden partner, Charlie Munger, has refocused attention on Berkshire. In fact, the 93-year-old Buffett had already confirmed at the 2021 Berkshire annual shareholder meeting that Greg Abel would succeed him as the CEO of Berkshire Hathaway. -
Bank of Japan Signals Potential Shift from Ultra-Loose Monetary Policy Amid Inflation Goals
The Bank of Japan's Governor Kazuo Ueda indicated on Monday that the likelihood of achieving the central bank's inflation target is gradually increasing. 
The Bank of Japan's Governor Kazuo Ueda indicated on Monday that the likelihood of achieving the central bank's inflation target is gradually increasing. -
Red Sea Tensions Lead to Suspension of Routes by 85% of Container Shipping Companies
On December 23, the Shanghai Shipping Exchange released its latest weekly report on China's export container transport market, showing a substantial increase in freight rates for Asia-Europe and other routes due to threats of armed attacks in the Red Sea area. This surge led to a 14.8% rise in the comprehensive index to 1254.99 points. 
On December 23, the Shanghai Shipping Exchange released its latest weekly report on China's export container transport market, showing a substantial increase in freight rates for Asia-Europe and other routes due to threats of armed attacks in the Red Sea area. This surge led to a 14.8% rise in the comprehensive index to 1254.99 points. -
EU and UK Postpone New Tariff Regulations Amid Local Battery Production Lag
On Thursday, the European Council announced it had officially approved a proposal to extend the current rules on the origin of electric vehicles for an additional three years until the end of 2026. This means the strict new regulations initially set to take effect on January 1, 2024, have been postponed. 
On Thursday, the European Council announced it had officially approved a proposal to extend the current rules on the origin of electric vehicles for an additional three years until the end of 2026. This means the strict new regulations initially set to take effect on January 1, 2024, have been postponed. -
UK Recession Risks Mount as Q3 GDP Shrinks More Than Expected
The United Kingdom's economy contracted in the third quarter, reinforcing market bets on an impending interest rate cut by the Bank of England. 
The United Kingdom's economy contracted in the third quarter, reinforcing market bets on an impending interest rate cut by the Bank of England.
