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MORNING SQUAWK
APAC
Wednesday, 17 August 2022
China needs Taiwan's biggest chipmaker — more than the other way around
Taiwan Semiconductor Manufacturing Company has limited revenue and manufacturing exposure to mainland China, while dominating the world's advanced chip tech.
» Read more
China's $370 billion tech giant Tencent could post its first revenue decline on record
A Covid-induced slowdown in the Chinese economy and continued challenges in the domestic gaming market could prove strong headwinds for Tencent.
Japan stocks up after better-than-expected exports data
Overnight, Wall Street closed higher as Walmart, Home Depot and Bed Bath & Beyond gained following stronger-than-expected results and forecasts.
BlackRock makes $700 million investment in Australian battery storage
BlackRock says Akaysha has plans to develop energy storage projects in a range of Asia-Pacific markets.
Today's Guest Highlights on CNBC
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Jeffrey Sachs
Professor of Economics / Columbia University
CS Supertrends Conference
11:30
Jesper Koll
Director / Monex Group
How to invest in Japan
12:30
Bob McNally
Founder and President / Rapidan Energy Group
Oil guest ahead OPEC IV
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