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 firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
Stock markets in Asia, Europe and the US have fallen sharply on fears that inflation is set to pick up and concerns over high valuations. Some of the biggest falls occurred in Hong Kong, where the Hang Seng dived 2%, and the UK, where the FTSE 100 tumbled 2.5%. In China, the “National Team” appeared to step in during the afternoon session to stabilise the market.
12/05/2021 - 8:10am Business and Market Discussion
Stewart Aldcroft, Chairman of CitiTrust suggests that stimulus cheques and savings has kept the US economy motoring, and people are now spending more due to the easing of COVID-19 restrictions.
Andrew Freris, CEO of Ecognosis Advisory thinks that the decline in the birth rate and the ageing population in China will have no adverse effect on the economy if productivity improves.
RTHK’s International Economics Correspondent Barry Wood thinks that inflation in the US markets will be benign for the time being, but might jump higher in the coming months, leading to a rise in interest rates.
China's National Bureau of Statistics reported yesterday that profits at industrial firms remained resilient in August, rising 19.1% from a year ago, slightly less than the 19.6% y/y surge in July. In month-over-month terms, profits fell 1.6% in August.
28/09/2020 - 8:10am Business and Market Discussion
Brad Gibson, Co-Head of APAC Fixed Income at AllianceBernstein says that new stimulus measures in the US could lead to a short-term boost but warns that it could engulf the country's economy into a debt trap.
Gavin Parry, Managing Director at Parry International Trading observes that China's stimulus measures work because of consumers' reliance on the domestic market and government supervision of production.
28/09/2020 - 8:23am View from mainland China