A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Join our team and their expert guests for analysis and discussion on the day's top business stories live every weekday morning 8.05am to 9am (HKT) on RTHK Radio 3.
Listen live here https://www.rthk.hk/radio/radio3
You can email us at firstname.lastname@example.org, or post on our Facebook page - Money Talk on RTHK Radio 3
22/03/2023 - Business and Market Discussion
Stewart Aldcroft, Asian Fund Management Industry Consultant, tells James Ross that if the Fed raises rates this week, they will be seen as having maximum confidence in being able to control the situation. Barry Wood, RTHK's International Economic Correspondent says that on the other hand if tightening continues dozens of banks could face more trouble.
22/03/2023 - Your Money
Hong Kong’s GDP contracted 1.4% y/y in the second quarter, following a revised 3.9% decline in the first three months of the year, putting the SAR in a technical recession. The number was worse than economists’ median forecast for a 0.2% decline. Between the first and second quarters, the economy improved by 0.9%. The decline in GDP was mainly attributable to the weak performance in external trade during the quarter, with exports of goods dropping further, falling 8.6% compared to a decline of 4.5% in the first quarter. Private consumption remained virtually flat.
02/08/2022 - 8:10am Business and Market Discussion
John Schofield, Managing Director at Tempus Investment thinks that if the SAR government removes quarantine restrictions, the SAR economy could quickly recover from recession.
Kenny Wen, Head of Investment Strategy at KGI Asia suggests that Hong Kong stocks are in correction territory with little upside for the next two months due to factors such as worsening US-China relations.
02/08/2022 - 8:25am View from Japan