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") .
Global equities suffered their worst week in over a year last week as the selloff in technology stocks spilled over into other sectors. Other risk assets were also impacted including high yield bonds and cryptocurrencies. The FTSE All-World index of developed and emerging market shares fell 4.2% over the five trading days, recording its steepest weekly decline since October 2020.
24/01/2022 - 8:09am Business and Market Discussion
Alex Wong, Director of Asset Management at Ample Capital explains that the prospect of rising US interest rates have caused the switch out of growth stocks and into value stocks, a trend he believes will continue.
Sunil Kashyap, Director at FinMet thinks that tackling inflation is the priority for the US Federal Reserve.
24/01/2022 - 8:25am View from mainland China
China’s National Health Commission reported 159 new coronavirus cases in its latest update on Monday, including 99 locally transmitted cases, 23 of which were found in Tianjin. Authorities in Tianjin have ordered citywide Covid testing and residents have also been asked not to leave the city unless necessary. In the central city of Xi’an, which has been under lockdown since December 22, a crisis has developed after some residents in the city of 13 million were left without access to medical resources and food.
11/01/2022 - 8:07am Business and Market Discussion
Patrick Bennett, Macro Strategist at CIBC World Markets predicts that equities will hold up well despite the sharp rise in bond yields.
Carlos Casanova, Senior Asia Economist at UBP forecasts that the mainland China economy may face slower activity due to the recent increase in covid-19 cases and predicts a drop in GDP to 4% this year.
11/01/2022 - 8:23am Asian Frontier Markets