Jerry Lin
The Latest
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Half of South Korean Companies Struggle to Pay Interest as Debt Ratios Hit Record Highs
As interest rates rise, more South Korean companies are finding themselves unable to repay their debts. 
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
The crisis in the Red Sea continues to disrupt the global shipping market. 
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
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. 
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
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. 
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
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. 
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
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.
