Jerry Lin
The Latest
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UK Halts Deep-Sea Mining Support: A Reversal for the Controversial Industry?
In a move that has stirred the controversial deep-sea mining sector, the UK announced on Monday that it would suspend its support and sponsorship of deep-sea mining licenses until there's sufficient scientific evidence to assess its impact on ecosystems. 
In a move that has stirred the controversial deep-sea mining sector, the UK announced on Monday that it would suspend its support and sponsorship of deep-sea mining licenses until there's sufficient scientific evidence to assess its impact on ecosystems. -
U.S. Treasury Maps Out $776 Billion Borrowing Amid Bond Market Volatility
Amidst evolving market dynamics and a backdrop of global bond market turbulence, the U.S. Treasury Department unveiled plans to borrow $776 billion in the concluding quarter of 2023. This figure is not only historic for a fourth quarter but also hints at subtle shifts in governmental fiscal strategies, defying some Wall Street expectations. 
Amidst evolving market dynamics and a backdrop of global bond market turbulence, the U.S. Treasury Department unveiled plans to borrow $776 billion in the concluding quarter of 2023. This figure is not only historic for a fourth quarter but also hints at subtle shifts in governmental fiscal strategies, defying some Wall Street expectations. -
Foreign Investors Rapidly Exit India's Stock Market Amid Concerns
Foreign investors are offloading Indian stocks at the fastest pace in months. 
Foreign investors are offloading Indian stocks at the fastest pace in months. -
UK Takes Steps to Regulate Thriving Crypto Sector
The United Kingdom is making moves to establish itself as a regulatory leader in the burgeoning world of cryptocurrencies, with plans to roll out comprehensive regulations for the sector by 2024. This comes as the European Union has already taken steps toward clarifying its stance on digital assets, and as the importance of creating secure, clear frameworks for crypto businesses grows worldwide. 
The United Kingdom is making moves to establish itself as a regulatory leader in the burgeoning world of cryptocurrencies, with plans to roll out comprehensive regulations for the sector by 2024. This comes as the European Union has already taken steps toward clarifying its stance on digital assets, and as the importance of creating secure, clear frameworks for crypto businesses grows worldwide. -
Eurozone's Economic Titan Faces Stagnation as Germany's Growth Falters
Germany, often viewed as the powerhouse of the Eurozone, is showing signs of economic fragility, a trend that could spell trouble not only for itself but for the broader region. Recently released data reveals a dip in Germany's gross domestic product (GDP) by 0.1% in the third quarter, contrasting the minimal growth of 0.1% it experienced in the preceding quarter. This concerning downturn, largely attributed to dwindling consumer spending, casts a shadow over the Eurozone's prospects. 
Germany, often viewed as the powerhouse of the Eurozone, is showing signs of economic fragility, a trend that could spell trouble not only for itself but for the broader region. Recently released data reveals a dip in Germany's gross domestic product (GDP) by 0.1% in the third quarter, contrasting the minimal growth of 0.1% it experienced in the preceding quarter. This concerning downturn, largely attributed to dwindling consumer spending, casts a shadow over the Eurozone's prospects. -
Evergrande Faces December Deadline for Debt Restructuring Proposa
China Evergrande Group, the heavily indebted Chinese property behemoth, finds itself at a crucial crossroad. The Hong Kong High Court has extended a five-week grace period for the beleaguered developer to finalize a deal with its creditors. If Evergrande fails to offer a concrete revised restructuring proposal by December 4th, the firm could face imminent liquidation, per Justice Linda Chan's directive. 
China Evergrande Group, the heavily indebted Chinese property behemoth, finds itself at a crucial crossroad. The Hong Kong High Court has extended a five-week grace period for the beleaguered developer to finalize a deal with its creditors. If Evergrande fails to offer a concrete revised restructuring proposal by December 4th, the firm could face imminent liquidation, per Justice Linda Chan's directive. -
Bitcoin's Dominance Soars to a 2.5-Year Peak as It Reclaims $35K
In a week marked by significant volatility in the cryptocurrency market, Bitcoin (BTC) has emerged with notable gains, both in price and market dominance. The world's premier cryptocurrency reclaimed the $35,000 price level and achieved a market dominance not seen in over 30 months. 
In a week marked by significant volatility in the cryptocurrency market, Bitcoin (BTC) has emerged with notable gains, both in price and market dominance. The world's premier cryptocurrency reclaimed the $35,000 price level and achieved a market dominance not seen in over 30 months. -
U.S. Oil Production Hits Highest Level Since 1983 Amid Global Market Share Battle
With Saudi Arabia and Russia continuing their production cuts and Middle Eastern geopolitical conflicts casting uncertainty over global oil supply, the U.S., a major oil producer, has spotted an opportunity. 
With Saudi Arabia and Russia continuing their production cuts and Middle Eastern geopolitical conflicts casting uncertainty over global oil supply, the U.S., a major oil producer, has spotted an opportunity. -
European Central Bank Halts Rate Hikes After 10 Consecutive Increases
On October 26, the ECB announced its latest interest rate decision, maintaining its three primary rates at historical highs: the main refinancing rate, the deposit facility rate, and the marginal lending rate remain at 4.5%, 4%, and 4.75%, respectively. 
On October 26, the ECB announced its latest interest rate decision, maintaining its three primary rates at historical highs: the main refinancing rate, the deposit facility rate, and the marginal lending rate remain at 4.5%, 4%, and 4.75%, respectively. -
Third Quarter U.S. Economic Surge Defies Predictions with Robust Growth
The U.S. has posted a GDP growth rate of 4.9% during the third quarter, surging past the predictions set by economists. This robust growth defies the anticipated economic challenges, revealing an economy propelled by buoyant consumer spending and other driving factors. 
The U.S. has posted a GDP growth rate of 4.9% during the third quarter, surging past the predictions set by economists. This robust growth defies the anticipated economic challenges, revealing an economy propelled by buoyant consumer spending and other driving factors.
