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") .
Overnight in the markets oil prices have jumped higher once again and the 10-year Treasury bond yield is close to breaching the psychologically important barrier of 3%. Global metal prices have seen a relief selloff following their recent surge after the US Treasury department extended the time limit for US and non-US citizens and companies to wind up business with Russian aluminium producer Rusal by almost five months. Rusal has been shut off from the global market as a result of the sanctions disrupting supply chains around the world.
Hong Kong business sector lawmaker Jeffrey Lam is to propose the scrapping of mobile phone data roaming charges between the mainland and Hong Kong to boost ties across the "Greater Bay Area." This is one of several recommendations made following the visit by 32 legislators to five mainland cities across the region.
On the economic front, growth in the manufacturing sector in Japan picked up for the first time in 3 months. In the US manufacturing has hit a 43-month high but the rate of input price inflation was the fastest in almost 5 years, as the introduction of tariffs pushed raw material costs higher.
Marcel Thieliant, Senior Japan Economist at Capital Economics will provide his analysis of the Japanese economy on today’s Money Talk. Before that, reviewing the latest business and financial headlines are Andrew Freris, CEO of Ecognosis Advisory and Jack Siu, Senior Asian Investment Strategist for Credit Suisse.
24/04/2018 - 8:08 Business and Market Discussion
Andrew Freris, CEO of Ecognosis Advisory, forecasts that US Treasury bond yields will rise further but there is nothing significant about the 10-year breaching the 3% level. He also predicts a sell off in Hong Kong property and stocks as a result of rising local interest rates.
Jack Siu, Senior Asian Investment Strategist for Credit Suisse, says that volatility in global equities will last for a few weeks but the market will move higher in the next three to six months.
24/04/2018 - 8:25 View From Japan
US stocks have plunged overnight and the dollar has seen sharp falls as investors take fright over the latest scandal engulfing President Trump. Safe haven assets such as the Japanese yen and US Treasury bonds have surged.Japan and New Zealand have vowed to work together to implement the Trans-Pacific Partnership, despite the US pulling out of the free trade pact. Chinese internet giant Tencent has recorded a profit jump of 58% in the first quarter boosted by revenues from WeChat and online gaming. We discuss the latest market turmoil on today’s Money Talk with Enzio von Pfeil of Odyssey Capital. In Hong Kong last night, Community Business announced which companies topped the Hong Kong LGBT Inclusion Index, the first benchmark of companies’ workplace inclusion practices and initiatives in Asia. Fern Ngai, CEO of Community Business joins the programme along with one of the award winners, Andrew Smith-Plenderleith of J.P. Morgan PRIDE. We shall also get our regular weekly update from Taiwan with Maurice Lu, deputy Chairman of Sinopac Futures in Taiwan.
18/05/2017 - 08:08 Business headlines
18/05/2017 - 08:16 LGBT Inclusion Award
Fern Ngai, CEO of Community Business announced the winners of the Hong Kong LGBT Inclusion Index. She explains that LGBT inclusion is about identity and she says companies should value their employees' background no matter who they are. Andrew Smith-Plenderleith, executive director of Investor Services Asia-Pacific at JP Morgan, tells us what JP Morgan has been doing to implement diversity & inclusion practices.
18/05/2017 - 08:25 View from Taiwan