Asia-Pacific markets slip after data shows U.S. inflation near 40-year highs in April

MORNING SQUAWK APAC Thursday, 12 May 2022 Asia-Pacific markets slip after data shows U.S. inflation near 40-year highs in April The U.S. consumer price index surged 8.3% in April as compared with a year ago, near the highest level in more than 40 years. » Read more Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 30 cents UST, a so-called stablecoin that's meant to maintain a $1 peg, was trading at less than 40 cents Wednesday. » Read more Apple is no longer the world's most valuable company Energy prices and stocks have been rising as investors sell off equities in several industries, including technology. » Read more Japan is set to open its doors in June, but some locals aren't happy about it Japan is preparing to reopen. But not everyone is happy about it, including some local tourists, who have enjoyed exploring a quieter version of their country. » Read more Doctors say these pandemic side effects are serious problems—and unlikely 'to go away anytime soon' Doctors across the country are reporting an uptick in health issues that don't involve contracting the Covid-19 virus — but are still caused by the pandemic. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 10:00 Hartmut Issel Head APAC Equities & Credit / UBS Global Wealth Management Asia markets 10:30 Steven Englander Managing Director / Standard Chartered Bank Foreign exchange 11:00 Taimur Baig Chief Economist and Managing Director / DBS Group Research Asian macro 11:30 Chris Richter Deputy Head of Japan Research and Senior Analyst, Japanese Autos / CLSA Toyota autos + Nissan 11:40 Daniel Dongwon Yoo Head of Global Asset Allocation / Yuanta Securities, Korea Coupang Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632