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MORNING SQUAWK
APAC
Monday, 15 August 2022
Asia-Pacific markets rise ahead of economic data from China; Japan's GDP expands
China is set to report industrial output and retail sales data. Japan's GDP grew 2.2%, but missed analysts' estimates.
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Fund manager says the bear market rally won't last and reveals how to position for it
"We're gonna be in a bear market for quite some time," says David Neuhauser, who names his top sectors to buy and avoid.
Elon Musk says Tesla has made over 3 million cars
"Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M," Musk tweeted.
Saudi Aramco profit surges 90% in second quarter amid energy price boom
Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half year results on Sunday.
This was a good week for inflation numbers, but whether it can last is the big question
With Americans already paying huge bills for food, energy and a host of other items in their daily lives, any respite is a welcome one.
Today's Guest Highlights on CNBC
All times in SIN/HK
10:00
Kinger Lau
Chief China strategist / Goldman Sachs
China markets
11:30
John Vail
Chief Global Strategist / Nikko Asset Management
Japan markets
12:00
Anthony Scaramucci
Founder / SkyBridge Capital
Crypto, markets
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