Jerry Lin
The Latest
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U.S. Energy Titans Warn: Oil Could Surge to $150 if Government Doesn't Act
On Monday, executives from major U.S. energy giants, including Western Oil, Chevron, and Continental Resources, voiced their concerns. Despite oil prices nearing $100, many companies have chosen not to increase production, citing inconsistent U.S. energy policies that hinder oil production. Some industry leaders echoed JPMorgan's recent prediction of a supercycle with oil prices reaching $150, stating that if the U.S. government remains inactive, prices could surge to that level. 
On Monday, executives from major U.S. energy giants, including Western Oil, Chevron, and Continental Resources, voiced their concerns. Despite oil prices nearing $100, many companies have chosen not to increase production, citing inconsistent U.S. energy policies that hinder oil production. Some industry leaders echoed JPMorgan's recent prediction of a supercycle with oil prices reaching $150, stating that if the U.S. government remains inactive, prices could surge to that level. -
Indonesia's Ambitious EV Drive Faces Regional Challenges
Indonesia's government has rolled out a series of policies to boost the electric vehicle (EV) industry. Anindya Novyan Bakrie, president of Indonesian company Barkie&Brothers, suggested that the nation aims to serve as a gateway connecting other ASEAN countries. 
Indonesia's government has rolled out a series of policies to boost the electric vehicle (EV) industry. Anindya Novyan Bakrie, president of Indonesian company Barkie&Brothers, suggested that the nation aims to serve as a gateway connecting other ASEAN countries. -
Evergrande's Debt Restructuring Plan Faces Hurdles Amid Regulatory Probe
Evergrande, the embattled Chinese real estate giant, is facing significant challenges in its efforts to restructure its colossal debts. The company revealed on Sunday that its plan is in jeopardy due to a regulatory investigation into its primary subsidiary, Hengda Real Estate Group. This probe has rendered Evergrande "unable to meet the qualifications" for issuing new notes, which are short or medium-term securities. 
Evergrande, the embattled Chinese real estate giant, is facing significant challenges in its efforts to restructure its colossal debts. The company revealed on Sunday that its plan is in jeopardy due to a regulatory investigation into its primary subsidiary, Hengda Real Estate Group. This probe has rendered Evergrande "unable to meet the qualifications" for issuing new notes, which are short or medium-term securities. -
Beijing's Decades-Long De-Risking Strategy: EU-China Relations at a Pivotal Juncture
As the European Union (EU) focuses on de-risking its ties with China, one of its primary trading allies, it appears that China has been ahead of the curve, having implemented de-risking strategies for decades. Jens Eskelund, the president of the European Union Chamber of Commerce in China, shed light on this during his appearance on CNBC's "Asia Squawk Box." 
As the European Union (EU) focuses on de-risking its ties with China, one of its primary trading allies, it appears that China has been ahead of the curve, having implemented de-risking strategies for decades. Jens Eskelund, the president of the European Union Chamber of Commerce in China, shed light on this during his appearance on CNBC's "Asia Squawk Box." -
FTX Targets Former Employees in $157M Lawsuit Over Alleged Fraudulent Withdrawals
In a recent development, FTX, the cryptocurrency exchange platform, has taken legal action against former employees of its Hong Kong affiliate firm, Salameda, in an attempt to recover approximately $157 million. The lawsuit, which was filed in the U.S. Bankruptcy Court for the District of Delaware, alleges that these individuals and entities engaged in fraudulent asset withdrawals from FTX just days before the company filed for Chapter 11 bankruptcy in November 2022. 
In a recent development, FTX, the cryptocurrency exchange platform, has taken legal action against former employees of its Hong Kong affiliate firm, Salameda, in an attempt to recover approximately $157 million. The lawsuit, which was filed in the U.S. Bankruptcy Court for the District of Delaware, alleges that these individuals and entities engaged in fraudulent asset withdrawals from FTX just days before the company filed for Chapter 11 bankruptcy in November 2022. -
Global Rate Hikes Nearing an End? Central Banks Face Unique Challenges
From September 20 to 22, over ten central banks from major economies, including the Federal Reserve, Bank of England, Bank of Japan, Central Bank of Brazil, and South African Reserve Bank, announced their latest monetary policy decisions. These announcements impacted nearly half of the G20 nations and five of the top ten globally traded currencies. 
From September 20 to 22, over ten central banks from major economies, including the Federal Reserve, Bank of England, Bank of Japan, Central Bank of Brazil, and South African Reserve Bank, announced their latest monetary policy decisions. These announcements impacted nearly half of the G20 nations and five of the top ten globally traded currencies. -
Central Banks Must Step Up Amid "Balance Sheet Recession" Concerns
On September 22, Gu Zhao Ming, Chief Economist of Nomura Research Institute, addressed the Bund Financial Summit, revisiting the concept of a "balance sheet recession." 
On September 22, Gu Zhao Ming, Chief Economist of Nomura Research Institute, addressed the Bund Financial Summit, revisiting the concept of a "balance sheet recession." -
Riyadh Air Enters the Fray: Can Saudi's New Airline Challenge Middle East's Big Three?
Saudi Arabia's newest national airline, Riyadh Air, is making waves with its ambitious goals, positioning itself as the "largest startup airline in the Middle East in the past 30 years," a "digital-native airline of the modern era," and a "brand-new premium full-service airline." 
Saudi Arabia's newest national airline, Riyadh Air, is making waves with its ambitious goals, positioning itself as the "largest startup airline in the Middle East in the past 30 years," a "digital-native airline of the modern era," and a "brand-new premium full-service airline." -
U.S. Tightens Chip Funding Rules to Counter China's Semiconductor Ambitions
In a move to safeguard national interests and technological advancements, the U.S. Commerce Department has finalized regulations aimed at preventing China and other nations perceived as security threats from benefiting from the $52 billion semiconductor manufacturing subsidies. 
In a move to safeguard national interests and technological advancements, the U.S. Commerce Department has finalized regulations aimed at preventing China and other nations perceived as security threats from benefiting from the $52 billion semiconductor manufacturing subsidies. -
European Powerhouses Stumble: France's PMI Falls Short, Germany's Manufacturing PMI Remains Below 40
The latest data reaffirms that Europe's two major "engines" have stalled, deepening the Eurozone's economic contraction woes. 
The latest data reaffirms that Europe's two major "engines" have stalled, deepening the Eurozone's economic contraction woes.
