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") .
The Hong Kong government yesterday announced a further relaxation of social distancing rules for bars, restaurants and clubs after the territory recorded zero local coronavirus cases for 14 consecutive days. The SAR will also reduce the Covid-19 quarantine period to seven days for vaccinated international travellers and is due to start on June 30 for local residents. Several Hong Kong businesses said the easing of the ‘vaccine bubble’, quarantine rules was too conservative and too late.
23/06/2021 - 8:08am Business and Market Discussion
Stewart Aldcroft, Chairman of CitiTrust suggests that the US Federal Reserve should be worried about the long term effects of inflation instead of short term spikes.
Dickie Wong, Head of Research at Kingston Securities thinks that the new spending vouchers can give a boost to Hong Kong’s economy to some extent and thinks that different social groups can benefit from the incentive.
RTHK’s International Economics Correspondent, Barry Wood, reports that the imminent closure of Apple Daily has gained international interest and he is worried about the implications for Hong Kong as an international media hub.
China's producer price index, which measures the prices factories charge wholesalers for their goods, has surged by the most in almost 13 years. The PPI jumped 9% y/y in May, compared to a rise of 6.8% in April and exceeding economists’ forecasts of 8.5%. The core consumer inflation rate, excluding volatile food and energy prices, rose 0.9% in May y/y, up from 0.7% in April.
10/06/2021 - 8:09am Business and Market Discussion
Personal Wealth Adviser Enzio Von Pfeil predicts that mainland China markets might face some turbulence as rising inflation squeezes corporate profit margins.
Christina Gaw, Managing Principal and Head of Capital Markets at Gaw Capital Partners identifies sectors and investment products that are immune from rising interest rates and US-China tensions.
10/06/2021 - 8:24am View from Taiwan