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") .
Some China Evergrande bondholders are reporting they have not received payments at the end of a 30-day grace period, which expired on Monday. The embattled property developer had US$82.5m in coupons due on Monday. A default would be first by Evergrande on public dollar notes.
08/12/2021 - 8:09am Business and Market Discussion
Brad Gibson, Co-head of Asia Pacific Fixed Income at Alliance Bernstein notes that emerging markets are reacting strongly to mainland China's slow growth, and thinks that authorities have not yet made sustainable plans to lead the country to economic recovery.
Nitin Dialdas, Chief Investment Officer at Mandarin Capital says that mainland China officials don’t want to pump 'country money' into its property sector, despite several Chinese property developers defaulting on their debt.
RTHK’s International Economics Correspondent, Barry Wood reports that the US Federal Reserve's top priority now is to combat inflation
There has been a resurgence of Covid-19 cases in mainland China which health authorities expect to worsen in the coming days.China reported 38 Covid infections on Monday, half of which were found in Inner Mongolia. In Beijing, the epidemic has expanded to three districts and the city has banned entry to people arriving from anywhere in the country that’s reported locally transmitted Covid cases and will cancel next Sunday’s marathon.
26/10/2021 - 8:09am Business and Market Discussion
Quentin Webb, Asia Market Editor at The Wall Street Journal suggests that the SAR's zero-covid policy is diminishing the city's attractiveness as an international financial hub, as foreign investors and executives are unable to fly in or out for business exchanges.
Andrew Sullivan, Founder of Making Market Sense notes that Tesla has revolutionised the production of electrical vehicles more than its competitors, which contributes to the company's trillion dollar market value.
26/10/2021 - 8:24am View from Japan