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MORNING SQUAWK
APAC
Friday, 16 September 2022
Japan stocks lead losses in Asia ahead of China's economic data; offshore yuan weaker than 7 against dollar
Shares in the Asia-Pacific traded lower as investors look ahead to China's industrial production and retail sales data for August.
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What's next for the sinking yen as Japan hints at intervention? Here's what the pros say
The yen has fallen sharply against the dollar this year. Will intervention work and how is the dollar-yen likely to trade? The pros shares their views.
FedEx CEO says he expects the economy to enter a 'worldwide recession'
The CEO's pessimism came after FedEx missed estimates on revenue and earnings in its first quarter.
Adobe shares plunge on deal to acquire design platform Figma for $20 billion
Adobe announced Thursday morning that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock.
'The economy is braking hard' and CEO confidence is miserable, says billionaire investor Barry Sternlicht
The economy is on the brink of a serious downturn if the Fed doesn't pump the brakes on its rate hikes, billionaire CEO Barry Sternlicht said.
Today's Guest Highlights on CNBC
All times in SIN/HK
10:30
Richard Yetsenga
Chief Economist and Head of Research / ANZ
China data dump
11:15
Dinesh Kumar Khara
Chairman / State Bank of India
Banking + Indian economy
12:30
Matthew Sussex
Associate Professor / Griffith Asia Institute
Xi-Putin meet
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