Jerry Lin
The Latest
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Global Oil Demand Growth Slows 'Sharply,' IEA Reports
The International Energy Agency (IEA) reported on December 14 that global oil demand growth is slowing down sharply, as economic activities in major countries weaken. This development has led to a significant revision in the agency's forecast for this quarter. 
The International Energy Agency (IEA) reported on December 14 that global oil demand growth is slowing down sharply, as economic activities in major countries weaken. This development has led to a significant revision in the agency's forecast for this quarter. -
Bank of England Holds Steady on Rates, Acknowledges Long Road Ahead in Inflation Fight
On December 14, the Bank of England maintained its benchmark interest rate at 5.25%, in line with market expectations, marking a cumulative increase of 175 basis points this year. 
On December 14, the Bank of England maintained its benchmark interest rate at 5.25%, in line with market expectations, marking a cumulative increase of 175 basis points this year. -
Fed Signals Dovish Turn, Dot Plot Forecasts at Least Three Rate Cuts in 2024
In the policy meeting that concluded on Wednesday, the Federal Reserve maintained its key interest rate for the third consecutive time and hinted at a faster-than-expected decline in inflation, opening the door for rate cuts next year. 
In the policy meeting that concluded on Wednesday, the Federal Reserve maintained its key interest rate for the third consecutive time and hinted at a faster-than-expected decline in inflation, opening the door for rate cuts next year. -
OPEC Forecasts Severe Oil Shortage in Q1 2024 Despite Current Price Decline
Despite the recent decline in international crude oil prices, the Organization of the Petroleum Exporting Countries (OPEC) maintains a cautiously optimistic outlook on the market fundamentals for the future. 
Despite the recent decline in international crude oil prices, the Organization of the Petroleum Exporting Countries (OPEC) maintains a cautiously optimistic outlook on the market fundamentals for the future. -
U.S. November CPI Shows Slight Slowdown, Indicating Potential for Economic Soft Landing
The United States witnessed a stable inflation performance in November, as decreases in the costs of gasoline and durable goods largely offset increases in housing, transportation, and other services prices. 
The United States witnessed a stable inflation performance in November, as decreases in the costs of gasoline and durable goods largely offset increases in housing, transportation, and other services prices. -
South Korea Invests Heavily in Lithium Battery Industry with 206.7 Billion Yuan Support
The South Korean government plans to launch a series of measures to boost the competitiveness of its lithium battery industry and maintain its global leadership. 
The South Korean government plans to launch a series of measures to boost the competitiveness of its lithium battery industry and maintain its global leadership. -
Binance and Former CEO Counter SEC's Evidence Request in Legal Dispute
In response to the SEC's attempt to present these documents as factual evidence without formal presentation, Binance's legal team argued that the move was an "impermissible supplemental brief" that brought forth no new authoritative information. 
In response to the SEC's attempt to present these documents as factual evidence without formal presentation, Binance's legal team argued that the move was an "impermissible supplemental brief" that brought forth no new authoritative information. -
IMF: Global Economic Fragmentation a Reality, Non-Aligned Nations Benefiting
As geopolitical alliances shape trade and investment flows, fragmentation has become a reality and is likely to persist, Gopinath observed. While a broader deglobalization has not occurred, signs of division are emerging, and bilateral trade relationships are undergoing notable changes. 
As geopolitical alliances shape trade and investment flows, fragmentation has become a reality and is likely to persist, Gopinath observed. While a broader deglobalization has not occurred, signs of division are emerging, and bilateral trade relationships are undergoing notable changes. -
FTX Faces IRS $24B Tax Hurdle in Customer Compensation Efforts
The beleaguered cryptocurrency exchange FTX, now in the throes of bankruptcy, is grappling with a significant challenge posed by a $24 billion tax claim from the United States Internal Revenue Service (IRS). This development could substantially delay the restitution process for the exchange's customers. 
The beleaguered cryptocurrency exchange FTX, now in the throes of bankruptcy, is grappling with a significant challenge posed by a $24 billion tax claim from the United States Internal Revenue Service (IRS). This development could substantially delay the restitution process for the exchange's customers. -
U.S. Senator Elizabeth Warren Proposes Stricter Crypto Regulation, Triggering Bitcoin Sell-Off
Cryptocurrencies are facing increasingly stringent scrutiny in the global financial system. 
Cryptocurrencies are facing increasingly stringent scrutiny in the global financial system.
