Jerry Lin

Jerry Lin

The Latest

  • Bitcoin Soars Past $45K, Eyeing New Heights Amid ETF Speculation
    STOLEN
    In an unexpected twist at the onset of 2024, Bitcoin has surged past the $45,000 mark, its highest since April 2022, stirring excitement in the crypto market and signaling a potentially transformative year for the digital currency.
  • India's Oil Imports from Russia Plunge in December Amid Payment Troubles
    Crude Oil
    In December, India's oil imports from Russia plummeted to a near one-year low, as some Sokol-grade crude shipments failed to be delivered due to payment issues.
  • Vietnam's Q4 GDP Surges 6.72%, Beating Expectations with Revived Domestic Consumption
    Vietnam opera house
    Vietnam's economy outperformed expectations in the fourth quarter with a 6.72% GDP growth compared to the anticipated 6%, marking an increase from the previous quarter's 5.33%. Detailed insights reveal:
  • Half of South Korean Companies Struggle to Pay Interest as Debt Ratios Hit Record Highs
    South Korea's President Yoon Suk-yeol Reshuffles Cabinet, Aiming to Strengthen Position Ahead of Key Parliamentary Elections
    As interest rates rise, more South Korean companies are finding themselves unable to repay their debts.
  • Persistent Red Sea Risks Lead Half of Container Ships to Alter Routes
    Shipping containers are seen at a port in Tokyo, Japan
    The crisis in the Red Sea continues to disrupt the global shipping market.
  • JPMorgan Chase Profits Surge, Claiming 20% of U.S. Banking Industry Earnings
    Fed Lifts Restrictions On JPMorgan Imposed After Forex Manipulation
    Riding the tailwind of its acquisition of First Republic Bank, JPMorgan Chase has significantly bolstered its earnings in the tumultuous year of 2023, further solidifying its leadership in the U.S. banking sector.
  • Gold Prices Surge Amid Rising Expectations for Federal Reserve Rate Cuts
    Global Gold Prices
    Gold prices have once again reached a peak as the spot price of gold slightly increased in the last week of the year, approaching a historic high and potentially marking its highest annual rise in three years. As of 3:11 p.m. Beijing time on December 27, the spot price of gold was reported at $2,065.38 per ounce.
  • Bank of Japan Plans to Reduce Bond Purchases in the First Quarter Amid Policy Shift Speculations
    Glum
    On December 27, the Bank of Japan disclosed its government bond purchase plan for the first quarter of the next year, announcing a reduction in the scale of its bond purchases and the frequency of its long-term government bond purchase operations.
  • Foreign Shareholders Suspend Involvement in Russian Arctic LNG Project Amid Sanctions
    An LNG tanker
    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
    Digital Banking
    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.
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