Peter Lewis: A fast moving and topical business and finance show.
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 from 8 a.m. to 8.30 a.m. every weekday morning 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 email@example.com, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
The International Monetary Fund has warned of rising debt levels posing a danger to the global financial system. In its latest report the IMF says rising risk appetite is reminiscent of the months before the last financial crisis and warns of concerns over protectionism. The Fed Beige Book reports of price rises in several US districts in response to threatened trade tariffs.
In the markets, shares in Chinese financial institutions jumped after the People’s Bank of China cut the proportion of cash that commercial banks are required to hold at the central bank by 1 percentage point. Hainan related shares were also in focus after China announced that it would grant free visa entry to Hainan to citizens from 59 countries as part of the authorities’ efforts to set up a free trade zone on the island.
On the economic front, house price growth on the mainland has slowed to a 2-year low. Japanese trade has also lost momentum with imports falling for the first time in more than a year.
Hong Kong Broadband Network has revealed that hackers have accessed the private data of 380,000 customers. The affected broadband customers have been notified by text and email.
Providing their analysis on today’s Money Talk are our regular Thursday guest Enzio von Pfeil and Louis Kuijs from Oxford Economics. Maurice Lu of Sinopac Futures in Taipei has the view from Taiwan this morning.
19/04/2018 - 8:08 Business and Market Discussion
Wealth Management Strategist Enzio von Pfeil comments that the latest IMF reports offer no solutions to the global financial risks that are already known to many.
Louis Kuijs, Head of Asia Economics at Oxford Economics, says that he is concerned that the "economic tensions" between the US and China will eventually lead to a technological cold war.
19/04/2018 - 8:25 View From Taiwan