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, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
Trade tensions have been laid bare at the G20 finance ministers meeting in Buenos Aires over the weekend after US President Donald Trump said on Friday he’s ready to impose tariffs on all US$500bn of Chinese imports. U.S. Treasury Secretary Steven Mnuchin backed his President saying that punitive tariffs on the entirety of China’s US$500 billion exports to the US was a “realistic possibility.” He told the EU “if Europe believes in free trade, we're ready to sign a free trade agreement with no tariffs, no non-tariff barriers and no subsidies. It has to be all three." French Finance Minister Bruno Le Maire accused the US of resorting to the “law of the jungle” in imposing unilateral tariffs and said it risked undermining the global economy. He said, the EU wouldn’t negotiate with the US with “a gun to our head.”
President Trump has repeated his criticism of the Fed for raising rates and blamed a strong dollar on currency manipulation by China and the European Union. On Friday the PBOC weakened the yuan fixing by the most in 2 years and the Chinese currency slipped to a 12-month low versus the dollar. President Trump’s comments slammed the dollar lower on Friday, raising fears that the trade war is morphing into a currency war.
23/07/2018 - 8:08 Business and Market Discussions
Alex Wong, Director of Asset Management from Ample Capital explains that the divergence between the performance of the China and US stock markets is because Chinese companies have more leverage whereas US stocks are more asset rich.
Hao Hong, Head of Research and Chief Strategist at Bocom International says that mainland stocks haven’t reached a bottom yet and it will be a process to form the low.
23/07/2018 - 8:33 Monday Debate: Innovation and Technology
Hong Kong Science and Technology Parks' CEO Albert Wong says Hong Kong can be the hub for research and development because there are four universities that rank top 100 in the world, whereas there are none in Southern China. He says the challenge is to connect this to China and the rest of the world.
Pindar Wong, Member of the Hong Kong government’s Committee on Innovation, Technology and Re-industrialization talks about the changes needed in the education system so that young people can be more innovative.
On Wednesday, Money Talk will be coming from the Grand Hyatt in Wanchai for the 24th CLSA Investors’ Forum. Joining the programme are Eric Fishwick, Head of Economic Research at CLSA, Joseph Chamie, Former Director of the UN Population Division Centre for Migration Studies and Charlie Morris who is Chief Investment Officer at NextBlock Global, a fund that invests in cryptocurrencies and blockchain technologies. (8am-8.30am, email to email@example.com)
13/09/2017 - 8:03 Eric Fishwick of CLSA
13/09/2017 - 8:14 Joseph Chamie of Centre for Migration Studies
Joseph Chamie, demographer and former Director of the UN Population Division at the Centre for Migration Studies says the world's transition to low fertility and low mortality has profound implications for the global economy which will impact voting, housing, education and recreation among other things.
13/09/2017 - 8:22 Charlie Morris of NextBlock Global