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Business & Market Discussions

2019-12-12

Business & Market Discussions

2019-12-12
 The Federal Reserve has left US interest rates on hold at a range between 1.5% and 1.75% and indicated that rates could remain unchanged for all of 2020.

Saudi Aramco has become the world’s most valuable company after it began trading on the Riyadh stock exchange. Shares jumped by the maximum daily limit of 10% taking its value to US$1.9 trillion.

US and Chinese trade negotiators are reportedly working towards delaying the imposition of new tariffs on US$165bn of Chinese goods, due to take effect on Sunday.

The UK general election starts in a few hours’ time with opinion polls tightening ahead of the vote. According to a closely watched poll from YouGov, Prime Minister Boris Johnson is on course to win a majority of 28 in parliament, down sharply from a forecast of 68 last month.

On today’s Money Talk we’re joined by Enzio von Pfeil from St. James’s Place, Louisa Fok at the Bank of Singapore and on the phone from Washington D.C., RTHK’s International Economics Correspondent, Barry Wood.

Money Talk

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 moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
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