Major Asia indices decline more than 1% as data shows China’s May inflation jumped

MORNING SQUAWK APAC Friday, 10 June 2022 Major Asia indices decline more than 1% as data shows China's May inflation jumped The Chinese producer price index for May jumped 6.4% as compared with a year earlier, official data showed Friday. » Read more The recession will hit in the first half of 2023 and the Dow is headed lower: CNBC CFO survey CFOs are as worried about inflation as everyone else, and expect the economy to enter a recession during the first half of 2023, according to a CNBC survey. » Read more Alibaba shares drop 8% after Jack Ma's Ant Group and regulator squash talk of revived IPO The planned IPO of Ant Group, which is controlled by billionaire Alibaba founder Jack Ma, was pulled in November 2020 after regulators flagged concerns. » Read more Disney fires TV content chief Peter Rice in abrupt shake-up as board backs CEO Bob Chapek Disney has abruptly fired Peter Rice, its most senior television content executive. » Read more Suze Orman: This is 'the No. 1 investment' to make right now, 'no matter what' Inflation is "here to stay," says Suze Orman, and given that, here's the "No. 1 investment that every single one of you should have no matter what right now." » Read more Today's Guest Highlights on CNBC All times in SIN/HK 11:10 Anita Anand Canada Minister of National Defence Shangri-La Dialogue 11:30 John Chipman DG and Chief Executive / IISS Shangri-La Dialogue 11:40 Biswajit Dasgupta Flag Officer Commanding in Chief, Eastern Naval Command / Indian Navy Shangri-La Dialogue 12:15 Urmas Paet Vice Chair of Committee on Foreign Affairs / European Parliament Shangri-La Dialogue Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632