Sandra Lam, 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, text us on 63 93 59 25, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
US stocks indices have hit new record highs boosted by strong earnings and anticipation over Donald Trump’s tax plans. The U.S. President is expected to unveil his plans for tax reforms in the U.S. later today that could include a proposal to cut corporate tax from 35% to 15%. A deal to lower the cap on guaranteed earnings from Hong Kong’s 2 power companies has been reached. CLP Power and Hongkong Electric have agreed to lower the permitted rates of return on the companies' fixed assets under the Scheme of Control Agreements from 9.99 percent to 8 percent. Joining today’s Money Talk are Stewart Aldcroft of CitiTrust and Richard Harris of Port Shelter Investment Management. RTHK’s international economics correspondent, Barry Wood, joins us by phone from Washington D.C. (8am-8.30am, email to email@example.com, text to 63 93 59 25 )
26/04/2017 - 08:08 Market discussion
Stewart Aldcroft, chairman of CitiTrust, says HK is not big enough to have more than two big power companies so a control agreement is the only alternative to keep energy prices in check. Richard Harris, CEO of Port Shelter Investment Management says record highs in stock markets are being driven by economic fundamentals.
26/04/2017 - 08:16 View from the U.S
Vodafone is merging its Indian unit with local mobile phone company, Idea Cellular, to create the largest telecoms operator in India.
South Korea has complained to the World Trade Organisation about China, saying it has placed restrictions on its goods in retaliation to South Korea's deployment of an anti-missile system.
UK Prime Minister Theresa May will begin the two-year countdown to Brexit on March 29.
Chinese companies have been warned by the mainland regulator on their overseas acquisitions telling them they could be a “rose with thorns.”
In the markets, US stocks are mixed as FBI director James Comey confirms that the agency is investigating Russian interference in the US election and links between the Trump campaign and the Russian government. The Hang Seng Index has hit its highest level in a year and a half.
On today's Money Talk, we are joined by Patrick Bennet of CIBC and Marc Franklin of Conning Asia Pacific. And William Pesek of Barron’s Asia joins us on the phone from Tokyo. (8am-8.30am, email to firstname.lastname@example.org, text to 63 93 59 25, )
21/03/2017 - 08:08 Market discussion
21/03/2017 - 08:22 View from Japan