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") .
In a flurry of central bank monetary policy tightening around the world in the past 24 hours, eight out of eleven central banks that met yesterday have raised interest rates, following the Fed’s decision to hike its main policy rate by 75bps. Yesterday morning, Hong Kong’s defacto central bank, the Hong Kong Monetary Authority raised the city’s base rate by 75bps to a 14-year high of 3.5%, effective immediately.
23/09/2022 - 8:10am Business and Market Discussion
Andrew Freris, CEO of Ecognosis Advisory, finds it fascinating that Turkey's central bank has cut its interest rates by 100 basis points despite the country being deep into inflation.
Sunil Kayshap, Director at FinMet, suggests that the SAR government 's decision to open up the city is a measure to counter the rise in global interest rates.
23/09/2022 - 8:25am View from South Korea