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Business and Market Discussion / View from Japan

2021-11-30

Business and Market Discussion / View from Japan

2021-11-30
 The World Health Organization warned Monday that the Omicron variant poses very high global risk and is likely to spread. The WHO said the severity of illness from Omicron was still not known, adding there was “substantial uncertainty” over the variant’s ability to transmit, the severity of disease it causes and the effectiveness of vaccines.

Japan will ban all foreign visitors from midnight tonight, in one of the world’s strongest responses to Omicron. Foreign tourists are already banned from visiting under previously introduced restrictions, but that ban will be extended to foreign businesspeople and students who were previously allowed to visit after quarantining for as little as three days. 

Inflation in Germany has surged to its highest level since 1992. The harmonised index of consumer prices rose 6% in November from a year earlier, exceeding the expectations of most economists. Energy prices increased 22% from a year earlier, which helped to push overall goods prices up by 5.2%.

On today’s Money Talk, we’re joined by Will Denyer at Gavekal and Samuel Faveur from Mandarin Capital. With a view from Japan is Tokyo-based journalist and author, William Pesek.

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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