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 email@example.com, text us on 63 93 59 25, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
Cathay Pacific has announced that it will cut up to 600 jobs including 25% of management roles at its Hong Kong headquarters in a bid to return to profitability. Cathay Pacific reported its first annual loss in eight years for 2016 of HK$575m. In the markets, Asian stocks followed Wall Street's lead and moved higher in morning trading. Notable milestones include Indonesian stocks on track for their best day in 2 years as credit rating agency S&P upgrades the country to investment grade. Vietnam equities have topped the highest level since the financial crisis. And Brent crude oil traded above $54 a barrel for the first time in a month.
Joining this morning's Money Talk are Connie Bolland of Economic Research Analysis and Andrew Collier of Orient Capital Research. We shall also talk to Michael Gazely of Network Box about cyber security. (8am-8.30am, email to firstname.lastname@example.org, text to 63 93 59 25 )
23/05/2017 - 08:08 Business and Market Headlines
Connie Bolland, founder and chief economist at Economic Research Analysis comments on Bitcoin surging to a new record high and says people's increasing mistrust of central banks contributes to Bitcoin's rise. Andrew Collier, managing director of Orient Capital Research says competitive Chinese airlines and banks shrinking travel budget make it difficult for Cathay Pacific to increase its profit margin.
23/05/2017 - 08:20 Cyber security
Good morning. US Treasury Secretary Steve Mnuchin said he expects to unveil a tax reform plan "very soon" that will be “sweeping, significant and will create a lot of economic growth.” Donald Trump has signed an executive order launching an investigation into whether Chinese and other foreign-made steel is a threat to America's national security. Commerce secretary Wilbur Ross says that China has increased its steel exports to the US despite promises to reduce them. The combination of those two events have sent US shares soaring overnight boosted by a big jump in steel stocks. Joining today's Money Talk are Francis Lun, CEO of GEO Securities and Dickie Wong of Kingston Securities. Toby Lawson, CEO of Societe Generale Securities in Sydney brings us his regular weekly update from Australia. (8am-8.30am, email to email@example.com, text to 63 93 59 25 )
21/04/2017 - 08:08 Market discussion
21/04/2017 - 08:22 View from Australia