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") .
US producer prices dropped sharply in July because of a steep plunge in energy costs. The producer price index, which tracks the prices that businesses receive for their goods and services, declined 0.5% in July from a month earlier, the first negative monthly print since April 2020. This was a sharp drop from June’s 1% increase in prices and was below analysts’ expectations of a 0.2% rise.
12/08/2022 - 8:10am Business and Market Discussion
12/08/2022 - 8:24am View from India
Global equities have tumbled once again after the boss of pharmaceuticals firm Moderna cast doubt on the effectiveness of existing vaccines against the new Omicron variant of Covid-19 and hawkish comments from Fed chairman Jerome Powell. Moderna CEO Stephane Bancel told the Financial Times yesterday that the rapid spread of Omicron in South Africa suggested that the current crop of vaccines may need to be modified next year.
01/12/2021 - 8:10am Business and Market Discussion
Mark Michelson, Chairman of the Asia CEO Forum at IMA Asia notes that mainland China's manufacturing sector is rebounding as the demand for goods is high.
Nick Marro, Lead for Global Trade at the Economist Intelligence Unit, predicts that the US Federal Reserve will raise interest rates sooner than expected to combat inflation.
RTHK’s International Economics Correspondent, Barry Wood says its too soon to know how the Omicron variant will affect the global economy.