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 firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
US President Donald Trump has cast doubt that his summit with North Korea’s Kim Jong Un will go ahead on June 12as planned. Pyongyang said it could call off the summit if the US demanded that North Korea unilaterally relinquish its nuclear weapons.
China has announced it will cut automobile import tariffs from 25% to 15% starting July 1. However, US President Trump said yesterday he wasn’t satisfied with the US-China trade talks. He also denied reports of an agreement to save ZTE as criticism mounts in Washington of any moves to ease the sanctions on the company.
China could scrap all limits on the number of children a family may have by the end of the year. That sent shares in companies that make baby-related products surging in Shanghai yesterday.
On today’s Money Talk, Stewart Aldcroft of CitiTrust, Patrick Bennett from Canadian Imperial Bank of Commerce and RTHK’s international economics correspondent in Washington D.C., Barry Wood, discuss the latest business and finance news.
23/05/2018 - 8:07 Business and Market Discussion
Stewart Aldcroft, Chairman of CitiTrust, says that top end car manufacturers will benefit the most from the lowering of Chinese import duty on cars.
Patrick Bennett, Macro Strategist at Canadian Imperial Bank of Commerce, comments that inflation fears are rising in the markets and may push up the US 10-year treasury bond yield.
RTHK’s International Economics Correspondent Barry Wood says that the US can consider selling agricultural goods and liquefied natural gas to China, but won’t sell high-tech products which China can copy the technology from.