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") .
Producer price rises in the US have added to inflation fears as the wholesale cost of goods and services rose more than forecast last month. The US producer price index rose 6.2% in April from the same period a year ago, exceeding economists’ forecasts for a 5.9% annual increase. Month-on-month the advance was 0.6%. Core producer prices, which strip out volatile food and energy prices, rose 4.1% from a year ago and 0.7% from the previous month, also exceeding economists’ expectations.
14/05/2021 - 8:10am Business and Market Discussion
Francis Lun, CEO of GEO Securities suggests that the US Federal Reserve has underestimated the rising prices in commodities and tight labour market, and thinks that interest rates will have to be increased to combat inflation.
Peter Churchouse, Founder of Portwood Capital says that emerging markets earnings are expected to increase by 36%, and feels that the earnings recovery can drive the equities market higher.
14/05/2021 - 8:24am View from India
China’s payments and finance giant, Ant Group, an affiliate of Alibaba, has been ordered by the PBOC to “cut off” the “improper connections'' between its payment platform and its financial products, as part of its rectification programme ordered by regulators. As a result, Ant will apply to become a financial holding company and will be regulated more like a bank.
13/04/2021 - 8:09am Business and Market Discussion
Andrew Freris, CEO of Ecognosis Advisory thinks that the Hong Kong government's newly introduced plans for dining out is introducing compulsory vaccination and he is worried about the health risks of the jab.
Tariq Dennison, Portfolio Manager at GFM Asset Management thinks that the restructuring of Ant Group to regulate it like a bank was inevitable.
13/04/2021 - 8:23am Non-fungible Tokens