Steve Hanke, professor of applied economics at John Hopkins University, says the Fed is looking at lagging indicators, adding that he does not believe that the U.S economy is on track for a “soft landing.”
A study that analyzed sleep data from 22,000 people wearing Oura rings shows Asia residents are not catching up on sleep on the weekends, reports CNBC’s Monica Pitrelli.
Mattie Bekink, China director at the Economist Intelligence Corporate Network, says people haven’t adjusted their expectations for the China market and “the days of easy money … are over, the glory days of growth are over,” thanks to Beijing’s policies and global headwinds.
Susan Thornton, visiting lecturer in law at Yale Law School and senior fellow at the Paul Tsai China Center, says it’s a “tough visit” for U.S. Commerce Secretary Gina Raimondo, but adds that it’s probably “one that the Chinese are welcoming.”
James Lim of Dalton Investments discusses South Korea’s dominance in the memory chip market and companies that are developing artificial intelligence services targeted at enterprise customers.
Punchada Sirivunnabood, associate professor at Bangkok’s Mahidol University, discusses the return of former prime minister of Thailand, Thaksin Shinawatra, who has been jailed after years in exile.
Malaysia’s Prime Minister Anwar Ibrahim speaks to CNBC’s Martin Soong about affirmative action policies and how Elon Musk’s SpaceX will give “confidence and participation of our players” in Malaysia.
