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 firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
Hong Kong Financial Secretary, Paul Chan, said yesterday he's confident that the new round of consumption vouchers will stimulate the local economy in the short term. Writing on his official blog, Mr. Chan said the fresh round of vouchers disbursed since Saturday has boosted consumer sentiment, injecting about HK$15 billion of consumption power into the local market. But he expressed concern about the challenges facing the economy, such as the local epidemic and geopolitical tensions, noting the decline in the city's retail sales in August.
03/10/2022 - 8:10am Business and Market Discussion
Alex Wong, Director of Alex KY Wong Asset Management, notes that the mainland China market sentiment is continuing to derail, due to pressures in the property sector and a rise in unemployment rates.
David Friedland, Managing Director Asia Pacific at Interactive Brokers, thinks that the '0+3' will not have any immediate relief to the city's economy, but is looking out for the next quarter.
03/10/2022 - 8:24am View from mainland China
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