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SQUAWK BOX, MONDAY 14TH AUGUST, 2023 episode artwork

Aug 14, 2023 27 min

SQUAWK BOX, MONDAY 14TH AUGUST, 2023

from Squawk Box Europe Express

Chinese property developer Country Garden suspends bond trading as an escalating debt crisis sends shares to a record low and the broader equity market into the red. Goldman Sachs says it expects a Fed rate cut in Q2 next year, while earnings season turns to the big-box retailers this week for clues on the state of the economy. Litigation mounts at UBS as Credit Suisse retail investors prepare to lodge a fresh legal claim against the Swiss lender's rushed rescue as soon as today. And Softbank is reportedly in talks to buy Vision Fund's 25 percent stake in chip design company Arm, ahead of its Nasdaq listing next month.

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SQUAWK BOX, MONDAY 14TH AUGUST, 2023

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This episode was published on August 14, 2023.

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