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MORNING SQUAWK
APAC
Wednesday, 15 June 2022
Asia-Pacific stocks mixed as China's retail sales, industrial production data beat expectations
Chinese economic data, including industrial production and retail sales for May, was released on Wednesday.
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China's economic numbers come in better than expected, but 'difficulties and challenges' remain
China released economic data for May that topped muted expectations for a month hampered by Covid controls.
Investors worry another possible crypto collapse will bring down other key players
Crypto lending firm Celsius on Monday paused all account withdrawals, sparking fears that it may be about to go bust.
Luxury brands say China's latest Covid wave has whacked consumer demand
Luxury brands have slashed expectations for their China business this year after the country's latest Covid lockdowns, according to an Oliver Wyman survey.
Stocks have officially entered bear market territory—here's what that means and what you should do
Bear markets can be scary, but they don't last forever. Experts say that pulling your money from your investments is exactly the wrong thing to do.
Today's Guest Highlights on CNBC
All times in SIN/HK
10:40
Hugh Dive
Chief Investment Officer / Atlas Funds Management
Updates on mining in Australia
11:40
Nick Hazell
CEO & Founder / v2food
v2food launching in Singapore
12:15
Shalom Lipner
Nonresident Senior Fellow, Middle East Programs / Atlantic Council
Biden's visit to Middle East
12:40
Rose Gottemoeller
Former Deputy Secretary General of NATO (2016-2019)
What to expect from the NATO summit in Madrid
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