A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live every weekday morning 8 to 8:30 a.m. on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at email@example.com, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
The US Federal Reserve has concluded its two-day monetary policy meeting by leaving interest rates on hold near zero and said the economy continues to improve despite concerns over the spread of the pandemic. But FOMC members noted "risks to the economic outlook remain", and Fed Chairman Jerome Powell said “we have not reached substantial further progress yet” on employment to justify changes to the central bank’s policy.
29/07/2021 - 8:09am Business and Market Discussion
Personal Wealth Adviser Enzio Von Pfeil suggests that the IMF's global economic growth forecasts are unreliable and thinks that the revised numbers are much lower than investors had expected.
Brad Gibson, Co-head of Asia Pacific Fixed Income at Alliance Bernstein thinks that the US Federal Reserve will start to taper bond purchases by the end of the year and hence will raise interest rates by 2022.
29/07/2021 - 8:22am Events Industry
The Hong Kong government has announced that, from Friday, dine-in services will be allowed at restaurants in the evenings and entertainment venues such as cinemas will reopen as it eases some of the toughest social distancing restrictions implemented in the city to prevent the spread of Covid-19. Chief Executive Carrie Lam called on residents to support the territory-wide testing scheme saying it would kick start the city’s economy.
26/08/2020 - 8:08am Business and Market Discussion
Stewart Aldcroft, Chairman of CitiTrust expects the dual Hong Kong - Shanghai listing of Ant Group to be popular amongst investors and provide a big boost to the Hong Kong and Shanghai exchanges.
Khiem Do, Head of Greater China Investments at Barings says that the commitment to the US-China Phase 1 trade deal by the two countries' trade negotiators will boost US markets.
RTHK's International Economics Correspondent Barry Wood compares the US efforts to combat Covid-19 with Hong Kong, where 40,000 new infections were reported across the United States yesterday.