Jerry Lin
The Latest
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U.S. Urged to Tighten Tech Exports to China Amid Security Concerns
In a call for immediate and stringent measures, a recent report by the U.S. House of Representatives emphasizes the urgent need for the United States to curb the flow of sensitive technology to China. In a call for immediate and stringent measures, a recent report by the U.S. House of Representatives emphasizes the urgent need for the United States to curb the flow of sensitive technology to China. -
Gold's Roller-Coaster Ride: Prices Plunge 5% from Historic Highs, Shaking Investor Confidence
However, spot gold experienced a significant pullback after reaching a new high of $2,144 per ounce earlier this week. As of the time of writing, spot gold has slightly risen by 0.24% to $2,030, marking a 5% drop from the week's high point, leading to a roller-coaster market situation. This raises questions about the reliability of gold as a "safe-haven" asset. However, spot gold experienced a significant pullback after reaching a new high of $2,144 per ounce earlier this week. As of the time of writing, spot gold has slightly risen by 0.24% to $2,030, marking a 5% drop from the week's high point, leading to a roller-coaster market situation. This raises questions about the reliability of gold as a "safe-haven" asset. -
China's Exports Rally, But Domestic and Global Challenges Loom Large
China's exports have witnessed growth for the first time in six months, as indicated by November's customs data. This development breaks the streak of a persistent downturn, offering a glimmer of hope for the world's second-largest economy. China's exports have witnessed growth for the first time in six months, as indicated by November's customs data. This development breaks the streak of a persistent downturn, offering a glimmer of hope for the world's second-largest economy. -
India's Chip-Making Dreams Face Production Hurdles
India's aspirations to become a global chip-making hub are facing significant challenges, as local production struggles to keep pace with ambitious governmental targets. Despite the country's attempts to move up the global semiconductor supply chain, experts note that only 9% of India's semiconductor component consumption is currently met locally. India's aspirations to become a global chip-making hub are facing significant challenges, as local production struggles to keep pace with ambitious governmental targets. Despite the country's attempts to move up the global semiconductor supply chain, experts note that only 9% of India's semiconductor component consumption is currently met locally. -
India's Stock Market Value Surpasses $4 Trillion: Unpacking the Real Reasons Behind the Doubling in Three Years
India's stock market has recently made headlines with its robust growth, even amid global economic slowdowns. Data reveals that since its low point in March 2020, the total market value of Indian stocks has approximately doubled, surpassing the $4 trillion mark as of December 6. India's stock market has recently made headlines with its robust growth, even amid global economic slowdowns. Data reveals that since its low point in March 2020, the total market value of Indian stocks has approximately doubled, surpassing the $4 trillion mark as of December 6. -
Bitcoin Soars Above $43K as Crypto Industry Ramps Up Lobbying Efforts
Bitcoin, the world's most prominent digital currency, has continued its impressive rally, soaring above $43,000 for the first time since May 2022. This surge has led to a 161% year-to-date gain for Bitcoin and has positively impacted other major cryptocurrencies and crypto-linked stocks. Bitcoin, the world's most prominent digital currency, has continued its impressive rally, soaring above $43,000 for the first time since May 2022. This surge has led to a 161% year-to-date gain for Bitcoin and has positively impacted other major cryptocurrencies and crypto-linked stocks. -
Moody's Cuts Outlook on China's Credit Rating, Signaling Economic Challenges
Moody's Investors Service has adjusted its outlook on China's government credit ratings to negative from stable, highlighting the rising concerns over the Asian giant's fiscal health and property sector crisis. Moody's Investors Service has adjusted its outlook on China's government credit ratings to negative from stable, highlighting the rising concerns over the Asian giant's fiscal health and property sector crisis. -
Global Oil Prices Surge as OPEC+ Considers Deepening Output Cuts
The global oil market is witnessing a significant uptick, with Brent crude surpassing $78 a barrel, following Russia's hint at an OPEC+ inclination to deepen output cuts in early 2024. This announcement comes amid a complex landscape of fluctuating demand, geopolitical tensions, and strategic maneuvers by key oil-producing nations. The global oil market is witnessing a significant uptick, with Brent crude surpassing $78 a barrel, following Russia's hint at an OPEC+ inclination to deepen output cuts in early 2024. This announcement comes amid a complex landscape of fluctuating demand, geopolitical tensions, and strategic maneuvers by key oil-producing nations. -
Investigation Underway into Potential Insider Trading in Israeli Stock Market Prior to Hamas Attacks
U.S. researchers discovered that investors might have shorted the Israeli stock market to profit from the conflict. Israeli authorities are currently investigating these claims. U.S. researchers discovered that investors might have shorted the Israeli stock market to profit from the conflict. Israeli authorities are currently investigating these claims. -
Gold Prices Surge to Record Highs Before Sharp Decline, Analysts Caution on Volatility
On December 4, during the Asian trading session, international gold prices soared, with gold futures briefly surpassing the historic high of $2,150 per ounce. Spot gold prices also reached new heights, momentarily exceeding $2,100 per ounce. On December 4, during the Asian trading session, international gold prices soared, with gold futures briefly surpassing the historic high of $2,150 per ounce. Spot gold prices also reached new heights, momentarily exceeding $2,100 per ounce.