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") .
President Donald Trump has broken with a long-standing tradition and criticised the Fed saying he is "not happy" about the fact that the US Federal Reserve is raising interest rates. Mr Trump argued that higher rates put the US at a disadvantage and impede faster growth.
The US President has also hit out at Brussels’ decision to slap Google with a record €4.3bn antitrust fine. In a tweet he said, “The European Union truly have taken advantage of the U.S., but not for long!”
China is not happy with the Trump Administration. China's Foreign Ministry accused White House chief economic advisor Larry Kudlow of distorting the facts and making bogus accusations and said it was shocking and beyond imagination that Mr. Kudlow should suggest Chinese President Xi has blocked progress on a deal to avert a trade war.
Brussels has urged EU countries to step up planning for a no-deal Brexit and warned that businesses and citizens should expect “considerable disruption.” The IMF said the consequences of a "no deal" could be up to 1.5% of economic growth across the EU with Ireland being the hardest hit and facing a loss of 4% of economic growth.
On today’s Money Talk, we have Francis Lun of GEO Securities and Le Xia from BBVA Research. Providing the view from down under is Toby Lawson, Head of Global Markets at Societe Generale Australia.
After 8:30 we’ll explore the latest developments in mobile payments in Hong Kong with James Lloyd, Asia-Pacific FinTech Leader at Ernst & Young. Our Friday entrepreneur is Florian Simmendinger, CEO & Co-Founder of Soundbrenner.
20/07/2018 - 8:09 Business and Market Discussion
Francis Lun, CEO of GEO Securities, warns of the risk of capital flight if the PBOC does not stop the decline in the yuan.
Le Xia, Chief Economist for Asia from BBVA Research, says that US President Trump's criticism of the Federal Reserve will not affect the independence of the US central bank, but it may make government officials feel uncomfortable.
20/07/2018 - 8:24 View From Australia
20/07/2018 - 8:34 HK Mobile Payments : James Lloyd - EY
20/07/2018 - 8:48 Entrepreneur : Florian Simmendinger - Soundbrenner
US markets have hit new highs after Republican House speaker Paul Ryan said new tax plans would be unveiled by September 25 and passed into law by the end of the year. The US dollar has rallied to a 1-week high.
President Donald Trump has blocked the Chinese government-backed Canyon Bridge Capital Partners attempt to buy an American chip maker, Lattice Semiconductor. In a statement, Mr. Trump said the transaction could risk U.S. national security due to “the potential transfer of intellectual property to the foreign acquirer.”
Joining today’s Money Talk are Enzio von Pfeil from Odyssey Capital and Tariq Dennison of GFM Asset Management. We also talk to Gideon Rachman, Chief Foreign Affairs Commentator at the Financial Times about some of the geopolitical events shaping the world today. (8am-8.30am, email to email@example.com)
14/09/2017 - 8:08 Business and market discussion
Enzio von Pfeil, Group Economist at Odyssey Capital Group says the overvaluation of stocks is caused by an overflow of money and a shortage of goods on the market.
Tariq Dennison, Portfolio Manager at GFM Asset Management says the use of Bitcoin and cryptocurrencies will be prevalent in the future and that the warnings from financial authorities should not be treated as a potential ban.
14/09/2017 - 8:22 Gideon Rachman of Financial Times