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 email@example.com, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
The Bank of Japan has joined the Fed and other central banks in discussing how to exit its stimulative monetary policy. The minutes of the central bank’s last meeting reveal that several members said the BOJ needed to explain its exit policy whilst other worried about the risks with inflation still far from the BOJ’s 2% target.
The Fed is due to wrap up its monetary policy meeting on Thursday morning HK time with a decision on whether another rise in U.S. interest rates is warranted and it may also announce when it will start to wind down its balance sheet.
Stock and FX markets are calm ahead of the decision. Shares in HK listed mainland property developer Sunac fell by more than 8% in morning trading following an announcement that the company will make a US$537m share placement. The indebted company is under scrutiny after agreeing to buy 13 tourism sites from Dalian Wanda for $6.5bn.
Joining Wednesday’s Money Talk to look at the latest business headlines and preview the Fed decision are Louis Kuijs of Oxford Economics, Nitin Dialdas of Mandarin Capital and RTHK’s international economics correspondent Barry Wood. We shall also discuss wealth inequality in Hong Kong with Professor Mo Pak-hung from the Department of Economics at Hong Kong Baptist University. Finally we shall examine the rise of the robots and how they are going to impact our lives with Professor Darwin Lu of the Department of Mechanical and Automation Engineering at the Chinese University of Hong Kong.
. (8am-9am, email to firstname.lastname@example.org)
26/07/2017 - 08:08 Market Discussion
Barry Wood, RTHK’s International Economics Correspondent based in Washington D.C. says that U.S. consumer confidence at a high level is driven by low gasoline prices which are at almost a 10-year low and a surging stock market.
Louis Kuijs, Head of Asian Economics from Oxford Economics says there is a divergence between the hard economic data in the U.S. and the soft data
Nitin Dialdas, CIO from Mandarin Capital expects the FED to signal that monetary policy will become less accommodative.
26/07/2017 - 08:33 Essential 8 Technologies: Robots
26/07/2017 - 08:45 Wealth Inequality and Government Policy
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 email@example.com, text to 63 93 59 25, )
21/03/2017 - 08:08 Market discussion
21/03/2017 - 08:22 View from Japan