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MORNING SQUAWK
APAC
Friday, 06 May 2022
Asia-Pacific stocks decline following Wall Street tumble
Shares on Wall Street declined sharply overnight, with the Dow Jones Industrial Average seeing its worst day since 2020.
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U.S. intel helped Ukraine sink Russian flagship Moskva, officials say; U.S. announces more humanitarian aid
Russia's progress in eastern and southern Ukraine is being closely monitored as its forces appear to have escalated assaults on those regions.
Bank of England hikes interest rates to 13-year high, sees inflation hitting 10%
The Bank of England on Thursday raised interest rates to their highest level in 13 years in a bid to tackle soaring inflation.
Tech sell-off pushes Nasdaq to steepest drop since June 2020
E-commerce and cloud stocks led the decline in technology, which was hit particularly hard after the Federal Reserve raised its benchmark interest rate.
Jim Cramer says to buy selectively and be curious to beat the current market turmoil
"Right now, I think a curious mind would be buying stocks selectively, not selling them indiscriminately," the "Mad Money" host said.
Today's Guest Highlights on CNBC
All times in SIN/HK
09:40
Bob McNally
Founder and President / Rapidan Energy Group
OPEC
10:45
Mohamed Faiz Nagutha
ASEAN Economist / Bank of America Securities
Inflation in ASEAN
11:40
Froilan Calilung
Assistant Professor, Political Science / University of Santo Tomas
Philippines elections
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