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Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout

The Edge Singapore
The Edge Singapore • 7 min read
Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout
Maersk transports close to one-fifth of the world’s containers. Photo: Bloomberg
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Quoteworthy: "There is a sense that we’re much closer to the end of this than to the beginning." –— US Fed chairman Jerome Powell, announcing what should be the last rate hike of this cycle.

TAGS
Credit Suisse Group AG
AT1 bonds
Maersk
Jerome Powell
US Federal Reserve (US Fed)
China economy

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