Jerry Lin
The Latest
-
US Cargo Ship Hit by Yemeni Houthis in Red Sea, Triggering European Shipping Stock Gains and Oil Price Shifts
On January 15, the United States Central Command reported that Houthi rebels in Yemen launched an anti-ship missile, striking the U.S. container ship M/V Gibraltar Eagel flying the flag of the Marshall Islands. The attack, which occurred at approximately 4 p.m. local time reportedly caused no casualties or severe damage, and the vessel continued its journey as planned. 
On January 15, the United States Central Command reported that Houthi rebels in Yemen launched an anti-ship missile, striking the U.S. container ship M/V Gibraltar Eagel flying the flag of the Marshall Islands. The attack, which occurred at approximately 4 p.m. local time reportedly caused no casualties or severe damage, and the vessel continued its journey as planned. -
Germany Faces Economic Slowdown: 2023 GDP Contracts Amidst Rising Inflation and Interest Rates
Germany's economy, the largest in Europe, experienced a contraction of 0.3% in 2023, indicating a slow and challenging period for the nation amidst multiple crises. 
Germany's economy, the largest in Europe, experienced a contraction of 0.3% in 2023, indicating a slow and challenging period for the nation amidst multiple crises. -
"AI Revolution to Impact 40% of Global Jobs, IMF Warns of Inequality Risks
According to recent analysis by the International Monetary Fund (IMF), nearly 40% of global employment could face disruption due to the increasing adoption of AI technologies 
According to recent analysis by the International Monetary Fund (IMF), nearly 40% of global employment could face disruption due to the increasing adoption of AI technologies -
Global Shipping Crisis Looms as Houthi Attacks Threaten Red Sea Trade
The recent surge in attacks by Iran-backed Houthi militants on commercial shipping in the Red Sea is raising alarms over the potential for a renewed global supply chain crisis. 
The recent surge in attacks by Iran-backed Houthi militants on commercial shipping in the Red Sea is raising alarms over the potential for a renewed global supply chain crisis. -
Bitcoin Price Plummets to $43,000 Amidst Launch of Spot ETFs, Signaling Market Jitters
Bitcoin (BTC) experienced a sharp decline, tumbling to near $43,000 on Friday. This 6% drop in day-over-day trading came in the wake of the debut of several spot bitcoin exchange-traded funds (ETFs) in the U.S. 
Bitcoin (BTC) experienced a sharp decline, tumbling to near $43,000 on Friday. This 6% drop in day-over-day trading came in the wake of the debut of several spot bitcoin exchange-traded funds (ETFs) in the U.S. -
Global Oil Prices Surge 4% as Red Sea Tensions Escalate, Prompting Oil Tankers to Divert
Global oil prices saw a significant rise of over 4% in pre-market trading on Friday, following escalated tensions in the Red Sea. The price of WTI crude oil reached a high of $75.25, with an intraday increase of 4.39%. Similarly, Brent crude oil prices peaked at $80.75 per barrel, marking a 3.93% rise. 
Global oil prices saw a significant rise of over 4% in pre-market trading on Friday, following escalated tensions in the Red Sea. The price of WTI crude oil reached a high of $75.25, with an intraday increase of 4.39%. Similarly, Brent crude oil prices peaked at $80.75 per barrel, marking a 3.93% rise. -
Japanese Current Account Surplus Hits Record High in November, Boosted by Weaker Yen and Export Growth
In November, Japan's current account surplus soared unexpectedly to 1.8 trillion yen (approximately $13.7 billion), marking its first year-over-year growth since March 2022 and setting a new record. 
In November, Japan's current account surplus soared unexpectedly to 1.8 trillion yen (approximately $13.7 billion), marking its first year-over-year growth since March 2022 and setting a new record. -
Institutional Investors Yet to Enter as US Bitcoin ETFs See Record Opening Day Trading Volumes
The launch of the United States' first Bitcoin spot Exchange-Traded Funds (ETFs) has sparked a frenzy among investors, leading to impressive trading volumes on the very first day of listing. According to Dow Jones Market Data, the combined trading volume of ten listed Bitcoin spot ETFs in the US reached $4.6 billion by Thursday afternoon. 
The launch of the United States' first Bitcoin spot Exchange-Traded Funds (ETFs) has sparked a frenzy among investors, leading to impressive trading volumes on the very first day of listing. According to Dow Jones Market Data, the combined trading volume of ten listed Bitcoin spot ETFs in the US reached $4.6 billion by Thursday afternoon. -
December Inflation Spike Exceeds Forecasts, Raising Concerns Over Economic Stability
Consumer prices in December increased more than expected, indicating persistent inflationary pressures in the U.S. economy. 
Consumer prices in December increased more than expected, indicating persistent inflationary pressures in the U.S. economy. -
Bitcoin ETFs Get Green Light from SEC, Sparking Market Rally
The U.S. Securities and Exchange Commission (SEC) has given the green light to 11 Bitcoin exchange-traded funds (ETFs), signaling a major shift in the acceptance and integration of digital currencies into the mainstream financial market. 
The U.S. Securities and Exchange Commission (SEC) has given the green light to 11 Bitcoin exchange-traded funds (ETFs), signaling a major shift in the acceptance and integration of digital currencies into the mainstream financial market.