Online News Updates
MORNING SQUAWK
APAC
Tuesday, 14 June 2022
Asia-Pacific stocks continue sliding after Monday losses; Alibaba drops more than 5%
The S&P 500 declined nearly 4% overnight on Wall Street to 3,749.63, leaving its losses from its January record at more than 21%.
» Read more
The crypto industry just had one of its worst days ever — Here's what happened
Crypo markets sold off on Monday as trading platforms halted withdrawals and digital currency companies cut jobs.
Fed likely to boost interest rates by three-quarters of a point this week
Markets are beginning to anticipate an even faster pace of rate hikes, and Fed officials apparently will satisfy growing expectations.
U.S. holds 'candid' and 'productive' talks with China in nearly 5-hour meeting
A senior administration official described the talks, which were held in Luxembourg, as "candid, in-depth, substantive and productive."
Tesla fires Singapore country manager after Elon Musk warns of job cuts
Tesla CEO Elon Musk recently told employees about plans to reduce salaried head count by 10%.
Today's Guest Highlights on CNBC
All times in SIN/HK
10:40
Joshua Meltzer
Senior Fellow in Global Economy and Development / Brookings Institution
International Trade/WTO ministerial meeting in Geneva
11:00
Hartmut Issel
Head APAC Equities & Credit / UBS Global Wealth Management
Asia markets
12:00
Dan Brouillette
Former U.S. Energy Secretary
Oil markets
12:40
Paul Brody
Global Blockchain Leader / EY
Crypto
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