Online News Updates
MORNING SQUAWK
APAC
Monday, 29 August 2022
Japan's Nikkei drops at open as Asia markets drop following Powell's Jackson Hole speech
This is CNBC's live blog covering Asia-Pacific markets.
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Dow futures sink 300 points as Friday's rout on Wall Street looks set to continue
Wall Street is looking for a rebound after the Dow fell more than 1,000 points on Friday.
Powell warns of 'some pain' ahead as the Fed fights to bring down inflation
Fed Chairman Jerome Powell warned that he expects the central bank to continue raising rates in a way that will cause "some pain" to the economy.
China is pumping billions into infrastructure — but commodity markets were not impressed
Prices of the iron ore and steel, some of the biggest beneficiaries of infrastructure stimuli, were mostly muted after the announcement.
Goldman Sachs says the world is at an 'inflection point' and it's time for a new investing playbook
"Profound changes" are ahead, and the playbook that "worked so well in recent decades may be less effective," said Goldman Sachs Asset Management.
Today's Guest Highlights on CNBC
All times in SIN/HK
06:00
David Rosenberg
Rosenberg Research / Rosenberg Research
Jackson Hole
09:45
Steve Hanke
Johns Hopkins University / Professor of Applied Economics
Post Jackson Hole
00:00
Elizabeth Gaines
CEO / Fortescue Metals Group
Fortescue FY Earnings
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