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 World Health Organization warned Monday that the Omicron variant poses very high global risk and is likely to spread. The WHO said the severity of illness from Omicron was still not known, adding there was “substantial uncertainty” over the variant’s ability to transmit, the severity of disease it causes and the effectiveness of vaccines.
30/11/2021 - 8:09am Business and Market Discussion
Will Denyer, US Economist at Gavekal thinks that the new Omicron variant will have a marginal effect on the US economy, but suggests that the variant might have an effect on supply chains.
Samuel Faveur, Chief Executive Officer at Mandarin Capital notes that stagflation is a risk, and thinks that central banks have reacted too slow to combat inflation.
30/11/2021 - 8:24am View from Japan
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