Jerry Lin
The Latest
-
Russia Stirs the Pot: Temporarily Halts Diesel and Gasoline Exports Amid Soaring Oil Prices
On September 21, the Russian government's press office announced on its website that Russia would implement a temporary ban on the export of gasoline and diesel to stabilize its domestic market. 
On September 21, the Russian government's press office announced on its website that Russia would implement a temporary ban on the export of gasoline and diesel to stabilize its domestic market. -
Fed Holds Steady for Second Time This Year, Signals Another Rate Hike by Year-End
In the policy meeting that concluded on Wednesday, the Federal Reserve opted to keep rates unchanged, maintaining the federal funds rate target range at 5.25%-5.5%, in line with expectations. This marks the highest interest rate level in 22 years. 
In the policy meeting that concluded on Wednesday, the Federal Reserve opted to keep rates unchanged, maintaining the federal funds rate target range at 5.25%-5.5%, in line with expectations. This marks the highest interest rate level in 22 years. -
Diamond's Dazzle Dims: Prices Plunge as Gold Glitters
For decades, diamonds have been the darlings of the luxury market. However, in the past year, the price of certified diamonds has plummeted by 35% to 40%, prompting many to question whether the era of exorbitantly priced diamonds is coming to an end. 
For decades, diamonds have been the darlings of the luxury market. However, in the past year, the price of certified diamonds has plummeted by 35% to 40%, prompting many to question whether the era of exorbitantly priced diamonds is coming to an end. -
China Urged to Bolster Economic Policy Support, Says Former PBOC Chief
In light of the economic challenges faced by China, Yi Gang, the former governor of the People's Bank of China (PBOC), has emphasized the need for the nation to amplify its policy support. His remarks, published on Wednesday, underscored the importance of implementing reforms and strengthening policy measures to ensure the country reaches its annual growth target of approximately 5%. 
In light of the economic challenges faced by China, Yi Gang, the former governor of the People's Bank of China (PBOC), has emphasized the need for the nation to amplify its policy support. His remarks, published on Wednesday, underscored the importance of implementing reforms and strengthening policy measures to ensure the country reaches its annual growth target of approximately 5%. -
UK Inflation Dips to 18-Month Low: Bank of England's Rate Hike Pressure Eases
Amid cooling inflation in August, the door has opened for the Bank of England to pause its rate hikes. 
Amid cooling inflation in August, the door has opened for the Bank of England to pause its rate hikes. -
Oil Prices Nearing Triple Digits: Goldman Sachs Ups Brent Forecast Amid Robust Global Demand
As oil prices surge, Goldman Sachs, often dubbed the "standard bearer for commodities," has revised its oil price forecast upward. With tightening supply and robust demand, the return of oil prices to triple digits seems imminent. 
As oil prices surge, Goldman Sachs, often dubbed the "standard bearer for commodities," has revised its oil price forecast upward. With tightening supply and robust demand, the return of oil prices to triple digits seems imminent. -
Boeing Faces Years Before Normalizing Deliveries in China
Boeing anticipates that it will take several years to return to normal delivery volumes in the Chinese market. During a media briefing on China's civil aviation market outlook held on September 20, Boeing's Vice President of Civil Aviation Market Marketing, Huo Daren, conveyed this sentiment. 
Boeing anticipates that it will take several years to return to normal delivery volumes in the Chinese market. During a media briefing on China's civil aviation market outlook held on September 20, Boeing's Vice President of Civil Aviation Market Marketing, Huo Daren, conveyed this sentiment. -
Behind the Surge: How One Oil Company is Driving U.S. Oil Prices Up
Recently, U.S. oil prices have been on a steady climb, raising fresh concerns about escalating inflation in the market. 
Recently, U.S. oil prices have been on a steady climb, raising fresh concerns about escalating inflation in the market. -
Global Economic Growth Faces Headwinds: OECD Urges Central Banks to Maintain High Interest Rates Amid Inflation Concerns
The Organization for Economic Co-operation and Development (OECD) warns that countries might be embroiled in a prolonged battle against inflation, suggesting that persistent high interest rates could dampen economic growth in 2024. 
The Organization for Economic Co-operation and Development (OECD) warns that countries might be embroiled in a prolonged battle against inflation, suggesting that persistent high interest rates could dampen economic growth in 2024. -
Bitcoin Regains Momentum, Approaching $27,000 Mark Amid Market Dominance
In a notable resurgence, Bitcoin (BTC), the pioneering cryptocurrency and the market leader by capitalization, has surged in dominance, capturing 50% of the cryptocurrency market. This comes as the digital currency briefly touched the $27,000 price level earlier this week, signaling renewed optimism among investors after a period of trading below the $26,000 threshold. 
In a notable resurgence, Bitcoin (BTC), the pioneering cryptocurrency and the market leader by capitalization, has surged in dominance, capturing 50% of the cryptocurrency market. This comes as the digital currency briefly touched the $27,000 price level earlier this week, signaling renewed optimism among investors after a period of trading below the $26,000 threshold.
