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SQUAWK BOX, TUESDAY 31ST DECEMBER, 2019

Author
CNBC International
Published
Tue 31 Dec 2019
Episode Link
None

Gone AWOL…ousted Nissan chairman Carlos Ghosn flees Japan where he has been awaiting trial for financial misconduct. Ghosn has arrived in Beirut saying that he will ‘no longer be held hostage’ by a rigged Japanese legal system. The U.S. market rally finally falters with stocks notching their worst day in a month but Wall Street can boast its best performance in six years overall. In Asia, Chinese stocks haven’t fared much better on the last day of trading this year despite manufacturing numbers beating expectations. Huawei has managed to shrug off the effects of U.S. blacklisting, hitting a record $122bn in revenue. The Chinese tech giant is, however, expecting a tricky 2020 saying that ‘survival’ is its no.1 priority.

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