Jonathan Wong
The Latest
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TikTok Dives into E-commerce: An Attempt to Replicate Success of Shein and Temu in the U.S.
The ultimate goal for short-video platforms seems to be e-commerce. Observing the popularity of Shein and Temu in the United States, TikTok is set to launch its own e-commerce business. 
The ultimate goal for short-video platforms seems to be e-commerce. Observing the popularity of Shein and Temu in the United States, TikTok is set to launch its own e-commerce business. -
Fed's Gaze on ECI: Crucial Wage Indicator Steers Market Trends This Week
The Federal Reserve is about to embark on a two-day interest rate meeting, with a 25 basis point hike anticipated by the market on Thursday. However, whether this will be the last increase hinges on the inflation trend moving forward. 
The Federal Reserve is about to embark on a two-day interest rate meeting, with a 25 basis point hike anticipated by the market on Thursday. However, whether this will be the last increase hinges on the inflation trend moving forward. -
H&M Targets Shein in Latest Legal Battle Over Copyright and Trademark Infringements
The cross-border e-commerce platform Shein is once again in the limelight due to a lawsuit. 
The cross-border e-commerce platform Shein is once again in the limelight due to a lawsuit. -
Apple Puts In-House AI to Work: Aiming for Service Design and Customer Assistance
Despite not having plans for a consumer release, Apple has reportedly begun leveraging its own generative artificial intelligence (AI) model, internally known as Apple GPT, similar to OpenAI's ChatGPT. 
Despite not having plans for a consumer release, Apple has reportedly begun leveraging its own generative artificial intelligence (AI) model, internally known as Apple GPT, similar to OpenAI's ChatGPT. -
Germany to Deploy $22bn Chip Production Subsidy: Intel and TSMC Primed to Capture 75% of the Funds
On July 24, the German government announced plans to allocate €20 billion (approximately $22 billion) to bolster the nation's semiconductor industry, in a bid to boost the technology sector and secure the supply of essential components, according to media reports. 
On July 24, the German government announced plans to allocate €20 billion (approximately $22 billion) to bolster the nation's semiconductor industry, in a bid to boost the technology sector and secure the supply of essential components, according to media reports. -
Will the Bank of Japan Make Its Move this Week? Despite Market Skepticism, UBS Believes it Will!
The Bank of Japan is set to release its quarterly economic report and policy statement this week. Ahead of this pivotal interest rate decision, the market is embroiled in fierce speculation over whether the Bank of Japan will launch another surprise move. 
The Bank of Japan is set to release its quarterly economic report and policy statement this week. Ahead of this pivotal interest rate decision, the market is embroiled in fierce speculation over whether the Bank of Japan will launch another surprise move. -
WorldCoin Launches Globally: A Crypto Project Aimed at AI-Human Differentiation Sees 90% Surge on Day One
OpenAI co-founder Sam Altman's long-awaited project WorldCoin, a Web3 crypto initiative, has officially launched. Conceived three years ago, it is touted as a potential identity solution for the AI era. 
OpenAI co-founder Sam Altman's long-awaited project WorldCoin, a Web3 crypto initiative, has officially launched. Conceived three years ago, it is touted as a potential identity solution for the AI era. -
The Dollar's Plunge: Can it Continue in Light of Europe's Struggling Economy and the 'Most Expensive' Euro in History?
The weakening of the US dollar index might be linked to the Euro hitting a historical high. However, given the unfavorable outlook for the European economy, it might be challenging for this trend to endure. 
The weakening of the US dollar index might be linked to the Euro hitting a historical high. However, given the unfavorable outlook for the European economy, it might be challenging for this trend to endure. -
Former Fed Chair Bernanke Foresees Possible Last Rate Hike in July Amid Cooling Inflation
Former U.S. Federal Reserve Chairman Ben Bernanke suggested on Thursday that the Federal Reserve is likely to raise interest rates in July, which may be the final hike in the current cycle. Bernanke implied that it seems quite evident that the Fed will increase rates by 25 basis points at its next meeting, and this July increase might be the last one. 
Former U.S. Federal Reserve Chairman Ben Bernanke suggested on Thursday that the Federal Reserve is likely to raise interest rates in July, which may be the final hike in the current cycle. Bernanke implied that it seems quite evident that the Fed will increase rates by 25 basis points at its next meeting, and this July increase might be the last one. -
Saudi Arabia, UAE, and Other OPEC Nations to Expand Production Despite $20 per Barrel Prices
Even if international crude oil prices plummet to $20 per barrel, five major Middle Eastern oil-producing nations - Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Iran, and Iraq - could possibly still break even, continuing to expand supply and potentially emerge as the ultimate winners in the global oil market. 
Even if international crude oil prices plummet to $20 per barrel, five major Middle Eastern oil-producing nations - Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Iran, and Iraq - could possibly still break even, continuing to expand supply and potentially emerge as the ultimate winners in the global oil market.
