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") .
China is facing increasing power shortages and blackouts across at least 10 provinces, adding further pressure on the mainland economy, which is already decelerating because of the property crackdown by Beijing. Some provinces have ordered industrial cuts to meet emissions targets, while others are facing electricity shortages because of sky-high coal and natural gas costs.
28/09/2021 - 8:09am Business and Market Discussion
Andrew Freris, CEO of Ecognosis Advisory, expects a crisis in the US financial markets if US lawmakers fail to raise the debt ceiling.
Michelle Lam, Greater China Economist at Societe Generale Corporate and Investment Banking says that mainland China's environmental curbs are driving high natural resources prices across the world.
28/09/2021 - 8:25am View from Japan
The European Central Bank has left interest rates on hold at minus 0.5% and its €1.85tn emergency bond-buying programme unchanged in its first meeting since agreeing on a new monetary policy strategy earlier this month. The ECB set a new symmetric 2% inflation target as part of its first review of its strategy since 2003. But governing council members yesterday were divided on the implementation of the strategy with some saying its commitment to tolerate a moderate and transitory overshoot of its price growth target, increased the risk of inflation surging above its target.
23/07/2021 - 8:10am Business and Market Discussion
John Schofield, Managing Director of Tempus Investment notes that the underperformance in the Hong Kong stock market is due to the crackdown on technology companies in mainland China, and uncertainty over US-China relations.
Patrick Bennett, Macro Strategist at CIBC World Markets notes that there are large amounts of liquidity pouring into the global markets and he thinks that interest rates will remain low for some time.
23/07/2021 - 8:24am View from Australia