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") .
Minutes from the Federal Open Market Committee’s June meeting released Wednesday show Fed officials believe entrenched inflation poses a “significant risk” to the US economy. The minutes suggest even tighter monetary policy may be required from the US central bank if price growth exceeds policy makers expectations.
07/07/2022 - 8:08am Business and Market Discussion
Personal Wealth Adviser, Enzio Von Pfeil cites Larry Summers’ rule which says when inflation and unemployment each exceed 4%, a US recession is on the cards.
Louisa Fok, China Equity Strategist, Bank of Singapore believes that mainland China’s equity markets will continue to outperform the US and Europe.
07/07/2022 - 8:24am MPF Performance
Hong Kong’s jobless rate rose to a 10-month high of 5.4% in the February to April period, up from 5% in the January-to-March period. The rolling three month period saw unemployment increase 0.4 percentage points, with about 206,100 people out of work. Officials said employment weakened in almost all sectors in the three months ending April. The underemployment rate also rose from 3.1% to 3.8%. Labour secretary Law Chi-kwong said, “the labour market should see improvement in the coming months.”
20/05/2022 - 8:10am Business and Market Discussion
Andrew Freris, Chief Strategist at UCAP HK Asset Management notes that citywide lockdowns in mainland China have had a global impact as many countries are dependent on China's supply chains.
Alicia Garcia Herrero, Chief Economist for Asia Pacific at Natixis thinks that mainland China's infrastructure plan will not improve the country's economy when most people are in lockdown.
20/05/2022 - 8:26am HBSC break up