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") .
Inflation in the US has come in stronger than expected last month and retail sales have disappointed. That has sent Treasury bond yields to their highest levels in 4 years but stocks on Wall Street have staged a comeback from an early sell off.
Japan has seen its eighth consecutive quarter of economic growth, the longest period since 1989. The Japanese yen broke above ¥107 against the dollar for the first time since November 2016 after the data release.
In a further escalation of trade tensions between the US and China, the US Commerce Department says Chinese manufacturers of cast iron pipe fittings have dumped products in the US below cost. President Trump will decide later this year whether to impose tariffs as a result.
China has increased subsidies for electric cars in a move designed to encourage the production of green vehicles. However, Tesla’s efforts to open a manufacturing plant in Shanghai have stalled over ownership issues. Foreign car makers must partner with a local firm under mainland law but Tesla wants to have complete ownership of its factory.
On today’s Money Talk we’re joined by Sunil Kashyap of ScotiaMocatta and Tariq Dennison from GFM Asset Management. On the phone from Taipei is Taiwan-based political analyst Ross Feingold.
15/02/2018 - 8:08 Business and Market Discussion
Sunil Kashyap, Head of Asia at ScotiaMocatta, is concerned about whether the European Central Bank can pick up the signs of inflation and act quickly enough to combat it.
Tariq Dennison, Portfolio Manager from GFM Asset Management, comments that the tax cut in the US can hopefully bring a fiscal stimulus helping with a rise in wages and increased consumer spending.
15/02/2018 - 8:25 View from Taiwan
Money Talk:The head of the HKMA Norman Chan said that there could be 8 to 9 more interest rate rises from now to 2019. The HKMA raised its base rate for the second time in 3 months to 1.25% in response to the Fed move. More surprisingly, the People’s Bank of China has also raised short-term interbank rates, to protect against a pick-up in capital outflows. In the markets, relief over the Fed decision and the result of the Dutch elections has sent the euro, gold and emerging market stocks all higher. Joining today’s Money Talk are Francis Lun, CEO of GEO Securities and Dickie Wong, director of research at Kingston Securities. We also get a view from Australia with Toby Lawson of CEO of Societe Generale Securities Australia. (8am-8.30am, email to email@example.com, text to 63 93 59 25, )
17/03/2017 - 08:08 Market discussion
Francis Lun, CEO of GEO Securities says Hong Kong Monetary Authority head Norman Chan's prediction of 8 or 9 more interest rate rises between now and 2019 may be because he wants to scare the market and cool down the property market. Dickie Wong, executive director of research at Kingston Securities says there is still room for money to be pulled out of the bond market and he is very bullish on the local stock market.
17/03/2017 - 08:22 View from Australia