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 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
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