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 President Joe Biden plans to announce a new sanctions package against Russia during his trip to Brussels and Warsaw which starts today. President Biden will visit the Belgian capital, where NATO and the European Union have their headquarters, to hold talks with foreign leaders on Thursday. US national security adviser, Jake Sullivan, said “President Biden will join our partners in imposing further sanctions on Russia and tightening the existing sanctions to crack down on evasion and ensure robust enforcement,” but he didn’t provide further details. In addition to sanctions, the US and its European allies are expected to announce new action aimed at “enhancing European energy security and reducing Europe’s dependence on Russian gas,” Mr. Sullivan said.
23/03/2022 - 8:09am Business and Market Discussion
Dickie Wong, Head of Research at Kingston Securities believes that the Hong Kong stock market hit bottom last week following China’s announcement of policy support for the economy and the financial markets.
Carlos Casanova, Senior Asia Economist at UBP suggests that the relaxation of Hong Kong’s anti-epidemic measures do not amount to opening up, but are switching back to the intermediate condition before the fifth wave began.
RTHK’s International Economics Correspondent, Barry Wood, says that economic growth in the West will be impacted by the war in Ukraine and surging inflation.