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 Opec+ group of major oil producing nations have agreed to stick with production increases in a major win for President Biden and oil consumers. Opec+ members agreed to increase crude supply next year by 400,000 barrels a day, despite the oil price having fallen almost 20% in the past week. The decision comes after a high-level US delegation visited Saudi Arabia this week and called for more supply to bring down prices that until last week had doubled in 12 months and fuelled rising inflation in the US.
03/12/2021 - 8:09am Business and Market Discussion
John Schofield, Managing Director at Tempus Investment says that Macau's gaming sector is in a bear market and he thinks that the SAR should find new sources of revenue.
Jack Siu, Chief Investment Officer for Greater China at Credit Suisse thinks that markets will likely remain volatile for the next 3 months due to the uncertain Covid-19 situation.
03/12/2021 - 8:24am View from India
China Evergrande has avoided default on one of its offshore bonds after making a last-minute interest payment. Evergrande had missed a US$83.5m coupon payment due on September 23, but on Friday the company deposited the US$83.5m into a bank account at Citibank, ready for payment to bondholders.On Sunday, Evergrande said it had resumed work on more than 10 projects in six cities including Shenzhen.
25/10/2021 - 8:09am Business and Market Discussion
25/10/2021 - Common prosperity