Asia markets lose steam and turn negative; survey shows China's factory activity expanded

MORNING SQUAWK APAC Friday, 01 July 2022 Asia markets lose steam and turn negative; survey shows China's factory activity expanded Asia-Pacific markets reversed gains and fell on the first day of the new quarter as investors digested factory activity data from a private survey in China. » Read more China clears backlog of stranded Australian coal — but don't expect Beijing to buy more soon Since October, Beijing has been unloading cargoes of Australian coal stranded outside Chinese ports. » Read more The market's worst first half in 50 years has all come down to one thing A multitude of factors conspired to generate the stock market's worst first-half since 1970, but they all emanated from one word: inflation. » Read more FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale: Source Crypto giant FTX is close to finalizing a term sheet to buy BlockFi, sources familiar with the situation told CNBC. » Read more Morgan Stanley loves these 9 global stocks trading at 'significant' lows Analysts at Morgan Stanley have identified several global stocks they say are trading at prices significantly lower than their 12-month highs. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 11:30 Peter Mumford Practice head of Southeast and South Asia / Eurasia Indonesia-Russia relations 11:40 Dan Pickering  CIO / Pickering Energy Partners OPEC and non-OPEC ministerial meeting 12:40 David Dodwell CEO / Strategic Access Hong Kong: The next five years Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632