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
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