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Business & Market Discussions / View from Taiwan

2019-11-28

Business & Market Discussions / View from Taiwan

2019-11-28
President Trump has signed into law the Hong Kong Human Rights & Democracy Act, over the objections of Beijing.
Economic growth in the US grew more than initially forecast in the third quarter. GDP rose by an annualised 2.1% compared with the first estimate of 1.9%.
China’s industrial profits collapsed by the most on record in October falling by 9.9% year-on-year. Profits have fallen in four out of the last six months and the latest data points to a further slowdown in the Chinese economy.
China’s Yingkou Coastal Bank has become the fifth regional lender in the last few months to suffer a run on deposits as it struggles to fund itself. The PBOC's 2019 Financial Stability Report put 586 banks, or 13% of the total number of China's lenders, in the “high risk” category.
On today’s Money Talk, we’re joined by Enzio von Pfeil of St. James’s Place and Peter Churchouse, Founder of Portwood Capital. With the view from Taiwan is political risk consultant, Ross Feingold.
(Every weekday 8:00-8:30 am, except PHs, email moneytalk@rthk.hk, or visit our Facebook page Money Talk on RTHK Radio 3, or Twitter MoneyTalkRadio3)

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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