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") .
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
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