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") .
The US economy grew at its fastest pace in 38 years in 2021. Official figures from the Commerce Department showed the economy grew by 5.7%, its best performance since 1984 and surging past economists’ forecasts of 5.5% growth. The previous year, GDP contracted by 3.4% as the global pandemic struck. Output remained robust in the final quarter of 2021, when it grew at a better than expected annual rate of 6.9%.
28/01/2022 - 8:08am Business and Market Discussion
Andrew Freris, Chief Strategist at UCAP HK Asset Management suggests that the SAR government should adopt a partial re-opening of the border, for the city to maintain its economic growth.
Le Xia, Asia Chief Economist at BBVA, thinks that the resilience of the US economy will be tested as the Fed tightens monetary policy.
28/01/2022 - 8:23am View from India
Wholesale prices in the US increased at a record pace in 2021, adding further pressure to the Federal Reserve to raise interest rates. The producer price index, which tracks prices that businesses receive for their goods and services, was up 9.7% y/y in December, from a revised 9.8% jump in November, the largest such increase since the government began measuring the data in 2010. However, on a month-on-month basis, producer prices climbed 0.2% in December from the month before, the weakest month-to-month increase since November 2020.
14/01/2022 - 8:09am Business and Market Discussion
Jack Siu, Chief Investment Officer, Greater China at Credit Suisse, predicts that mainland China will ease monetary policy sometime during the first quarter to combat slow economic growth.
Nick Marro, Lead for Global Trade at The Economist Intelligence Unit thinks that the supply chain bottlenecks will not ease anytime soon and might bleed through 2023.
14/01/2022 - 8:25am View from India