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 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 email@example.com, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
Global Stock markets have fallen sharply as concerns grow over the spread of China's deadly flu-like virus. Hong Kong and mainland shares were the hardest hit. China's Shanghai Composite fell by the most in eight months and the Hang Seng in Hong Kong tumbled below 28,000. However, US shares have recovered after the World Health Organisation tried to calm fears over the deadly coronavirus.
The European Central Bank has left interest rates in the eurozone unchanged and launched a strategic review into its monetary policy, after once again failing to reach its inflation target of 2%.
US Treasury Secretary Steven Mnuchin has told teenage environmentalist Greta Thunberg to go away and study economics before lecturing investors. He said her call for investors to divest fossil fuels showed a lack of understanding about the economy and jobs.
On today’s Money Talk we’re joined by Gavin Parry of Parry International Trading and Tariq Dennison at GFM Asset Management. On the phone from Sydney with the view from Australia is Toby Lawson of Societe Generale.
24/01/2020 - 8:08am Business and Market Discussion
Gavin Parry, Managing Director at Parry International Trading says it's too early to buy following this week's sharp falls in Hong Kong and mainland stock markets.
Tariq Dennison, Portfolio Manager at GFM highlighted that it will take at least six months to get comprehensive economic data about the impact of the Wuhan coronavirus.
24/01/2020 - 8:24am View from Australia
The Trump Administration has delayed the introduction of an additional 10% tariffs on some Chinese goods until 15 December. Products that have been given the three-month reprieve include laptops and cellphones and represent more than half of the US$300 billion of products originally affected.
Anti-government protesters have caused flights to be suspended at Hong Kong International Airport for a second day and protestors involved in violent clashes with the police. The airport has been the site of protests for five consecutive days. Earlier in the day Hong Kong Chief Executive, Carrie Lam, issued a fresh warning to protesters. She said Hong Kong had "reached a dangerous situation" and that violence during protests would push it "down a path of no return".
On today’s Money Talk, we have with us Stewart Aldcroft of CitiTrust, Mark Michelson from IMA Asia and on the phone from Washington D.C., RTHK’s International Economics Correspondent, Barry Wood. After 8:30, we talk with Antony Dapiran, Hong Kong-based writer and lawyer and Author of “City of Protest: A Recent History of Dissent in Hong Kong.” We also look at how China is investing in infrastructure across the Belt & Road corridor with Ada Li from Moody's Investors Service.
14/08/2019 - 8:09 Business & Market Discussions
Stewart Aldcroft, Chairman of CitiTrust, has an optimistic view of the US-China trade talks, after The Trump Administration postponed some of the tariff increases on Chinese goods to December.
Mark Michelson, Chairman of Asia CEO Forum of IMA Asia, comments that Japan may work on some mini agreements that do not require congressional approval in order to move forward in reaching a US-Japan trade deal.
RTHK’s International Economics Correspondent Barry Wood says the reason for the tariff delay is to protect consumers during the Christmas shopping season.
14/08/2019 - 8:34 HK Protests - Change of Tactics
14/08/2019 - 8:48 China Overseas Infrastructure Investment