主持人:Peter Lewis
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 moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
The selloff in bonds last week blew up global stocks on Friday. In the US, the NASDAQ Composite Index had its worst week since October despite rebounding on Friday. It ended the session 0.6% firmer following a 3.5% slump on Thursday. But for the week it was down almost 5%. In Hong Kong, the Hang Seng Index tumbled 1,094 points, or 3.6%, the most in nine months. Leading Friday's losses were technology shares with the Hang Seng Tech Index sinking 5.7%.
01/03/2021 - 8:09am Business and Market Discussion
Alex Wong, Director of Asset Management at Ample Capital thinks that the bond market is a "high-risk, low return" sector and might take years for it to recover due to inflation in the economy.
Iris Pang, Greater China Economist at ING Wholesale Banking believes that a full global recovery is still a few years away and the economy is still quite fragile due to the recent recession.
01/03/2021 - 8:24am View from Mainland China
主持人:Peter Lewis
Democratic lawmakers in the US have backed President Trump’s call for an increase in the size of stimulus cheques being sent to Americans as part of the latest fiscal package. Yesterday, President Trump dismayed members of his own Republican party by rejecting the stimulus bill as a disgrace and he called on Congress to increase the US$600 cash payments for individuals to US$2,000 or US$4,000 for a couple.
24/12/2020 - 8:08am Business and Market Discussion
Personal Wealth Advisor Enzio von Pfeil says that last year's protests and this year's pandemic aren't to blame for Hong Kong's rising poverty figures, as the government has disregarded the issue for decades.
David Roche, President & Global Strategist at Independent Strategy, highlights that fiscal stimulus helps alleviate a deficit in demand, without which the economic crisis could be worse.
24/12/2020 - 8:23am Oil