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") .
China’s State Council has announced 33 new measures to try and boost economic growth and support businesses in the face of coronavirus lockdowns across the country. The plan includes value-added tax rebates for more industries, aid to companies that have seen business and orders collapse under the weight of the anti-Covid curbs, along with tools to boost infrastructure investment and improve supply chain disruptions. In total, the new measures amount to 140 billion yuan (US$21 bn) in additional tax rebates.
25/05/2022 - 8:09am Business and Market Discussion
Patrick Bennett, Macro Strategist, CIBC World Markets worries that the establishment of the Indo-Pacific Economic Forum might put an end to globalisation and begin an era of regionalization.
Jack Siu, Chief Investment Officer Greater China at Credit Suisse expects there to be further downgrades for China's economy in Q2, despite the gradual easing of lockdown restrictions in some cities.
RTHK’s International Economics Correspondent, Barry Wood notes the first slowdown in US earnings since the global financial crisis.
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