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, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
Japanese car parts manufacturer Takata has filed for bankruptcy protection in Japan and the U.S. The company is facing billions of dollars in liabilities following the recall of faulty airbags which have been linked to several deaths. It will sell all its assets, excluding the airbag division, to US-based Key Safety Systems, owned by China’s Ningbo Joyson Electronic, for $1.6 billion.
Another troubled Japanese company, Toshiba, has seen sharp falls in its share price after news that it will be demoted to the second section of the Tokyo Stock Exchange following new delays to filing its full year accounts. The company faces delisting from the exchange if its reports a second year of negative equity in its delayed accounts.
Joining Tuesday’s Money Talk to discuss the decline and fall of two of Japan’s flagship companies is Tokyo based financial journalist William Pesek. Also with us to review the day’s top financial and business headlines are Connie Bolland, founder of economic research analysis and Patrick Bennett, FX strategist at CIBC. (8am-8.30am, email to firstname.lastname@example.org)
27/06/2017 - 08:08 Market discussion
Patrick Bennett, macro-strategist at CIBC, says that the Chinese economy is performing at a steady pace and as such, international investors are now more interested in Chinese stocks and assets.
Connie Bolland, founder and chief economist at Economic Research Analysis, says that the MSCI inclusion of China stocks is only symbolic at the moment, but it signifies that, going forward, international investment in China will be encouraged.
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