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") .
Global equity markets have staged a strong rebound led by banking shares. In Hong Kong the Hang Seng Index was boosted by the biggest jump in shares of HSBC since 2009.
29/09/2020 - 8:09am Business and Market Discussion
Kenny Wen, Wealth Management Strategist at Everbright Sun Hung Kai expects consolidation and heightened volatility in the markets in the months to come.
Le Xia, Head of Research and Chief Economist at Ping An Technology expects the upcoming US Presidential debate to influence markets, but will not have much impact on voters.
29/09/2020 - 8:24am View from Japan
Hong Kong’s Financial Secretary Paul Chan said yesterday the government has spent more than HK$300bn on economic relief measures, equivalent to as much as 11% of the territory's GDP. The fiscal deficit for 2020-21 will be more than HK$300bn and the fiscal reserves will fall to about HK$800bn, which is close to the level seen in 2003 after the Sars crisis. Chief Executive Carrie Lam said the government would launch a new round of its virus relief fund to try and stimulate the economy out of recession. But it appears there will be no further cash handouts.
16/09/2020 - 8:09am Business and Market Discussion
James McCormack, Global Head of Sovereign Ratings at Fitch says that it will take some time before the US inflation rate goes beyond 2% and the Fed is unlikely to raise interest rates for a long time.
Jack Siu, Director & Senior APAC Strategist at Credit Suisse sees further improvement in China's economy but warns that recovery doesn't mean normalcy.
RTHK's International Economics Correspondent Barry Wood thinks that the politicisation of US fiscal policy is going to stay until the November elections.