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") .
The U.S. Commerce Department releases its first estimate of first quarter GDP later today. However, the Atlanta Fed is predicting the American economy has stalled. The bank’s final GDPNow reading has been revised down to an annualised pace of just 0.2% in the first 3 months of the year. 2 central banks have met in the past 24 hours. The European Central Bank left monetary policy unchanged. ECB President Mario Draghi said Eurozone economic recovery is becoming “increasingly solid” but inflationary pressures “remain subdued." The Bank of Japan also left monetary policy on hold but upgraded its growth outlook for 2017 from 1.5% to 1.6%. BOJ governor Haruhiko Kuroda said the central bank would not meet its inflation target in 2017. Joining today's Money Talk are Francis Lun of GEO Securities and Hao Hong from BOCOM International. Toby Lawson, CEO of Societe General Securities Australia provides his regular weekly update from Sydney. (8am-8.30am, email to email@example.com, text to 63 93 59 25 )
28/04/2017 - 08:08 Market discussion
Francis Lun, CEO of GEO Securities talks about the increasing potential of the insurance market in China. Hao Hong, managing director of research at BOCOM International, says every US president since Ronald Reagan has tried to enact tax reform and failed so he thinks we need to be cautious about Donald Trump's latest plans.
28/04/2017 - 08:22 View from Australia
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