Online News Updates
MORNING SQUAWK
APAC
Friday, 13 May 2022
Asia-Pacific stocks climb; Fed's Powell warns he can't guarantee 'soft landing'
U.S. Federal Reserve chairman Jerome Powell said Thursday that getting inflation under control won't be easy and warned he could not promise a so-called soft landing for the economy.
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Cryptocurrency luna now almost worthless after controversial stablecoin it is linked to loses peg
UST has been dragged into the spotlight after the stablecoin, which is supposed to be pegged one-to-one with the U.S. dollar, fell below the $1 mark.
Why it's bad news for the entire market when Apple has a big drop
Apple is now officially in a bear market alongside other technology giants.
More than $200 billion erased from entire crypto market in a day as sell-off intensifies
The price of bitcoin plunged below $26,000 Thursday, hitting its lowest level in 16 months.
U.S. Secretary of State Blinken set to attend NATO meetings; Russia warns of risk of 'catastrophic' conflict
The former president of Russia has warned NATO that military assistance for Ukraine risks sparking a wider conflict.
Today's Guest Highlights on CNBC
All times in SIN/HK
10:00
Viktor Shvets
Head of Global and Asian Strategy / Macquarie Capital
Asia markets
10:30
Alvin Tan
Head of Asia FX Strategy / RBC Capital Markets
FX
10:40
Jeffrey Sachs
Professor & Director, Center for Sustainable Development / Columbia University
Ukraine/Russia peace negotiations, impact of sanctions on global economy
11:00
Mohammed Apabhai
Head, Asia-Pacific Trading Strategies / Citi
11:30
Atul Goyal
Managing Director / Jefferies Asia
SoftBank
11:40
Ben Churchill
Head, Regional Office for Asia and the South-West Pacific / World Meteorological Organization
World has 50-50 chance of temporarily breaching the 1.5C threshold by 2025
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