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MORNING SQUAWK
APAC
Friday, 20 May 2022
Asia-Pacific markets trade higher; China to announce its benchmark lending rate
Shares in the Asia Pacific markets gained on Friday as investors watch for the release of China's benchmark lending rate.
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Former Morgan Stanley Asia chairman Stephen Roach warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth.
The company's last major new product category was the Apple Watch, which was previewed in the fall of 2014 and released in 2015.
As Covid cases in mainland China drop, Goldman Sachs analysts say they're "seeing light at the end of the tunnel" and hope businesses can soon return to normal.
Global leisure and business flights topped pre-pandemic levels for the first time this spring, despite rising costs and geopolitical uncertainty.
Today's Guest Highlights on CNBC
All times in SIN/HK
10:30
Galvin Chia
NatWest Markets
Emerging markets Strategist
Foreign exchange
10:40
Mark Mahaney
Evercore ISI
Head of internet research
Grab earnings
11:30
Kirk West
Principal Global Investors
Executive director, head of international offices and clients
Asian markets
11:40
Bryan Ma
IDC
Vice president, devices research
Xiaomi earnings
12:00
Martin Hennecke
St. James's Place Asia
Head of Asia investment advisory and communications
Global markets
12:30
Derek Grossman
The RAND Corporation
Senior defense analyst
Biden in Japan, U.S.-East Asia relations
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