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") .
Donald Trump has stepped up his criticism of the Fed saying he was “not thrilled” by their decision to raise interest rates and the US central bank should do “what’s good for the country.” He went on to say “I should be given some help by the Fed” and he added that he would carry on criticizing the Fed if it continues to raise rates.
Apple has pulled 25,000 apps from its China App store following criticism that it was failing to adequately filter out banned material. Apple said it was acting to prevent gambling apps, which are illegal in China, from being accessed.
A nine-man Chinese delegation led by vice-commerce minister Wang Shouwen has arrived in Washington to discuss US-China trade relations. However Donald Trump says he doesn’t anticipate much coming from the talks, and said there was "no timeframe" for ending the trade dispute with China. He also accused China of currency manipulation.
On today’s programme we have Connie Bolland of Economic Research Analysis and Jack Siu from Credit Suisse. Our view from Japan this week comes from Naoyuki Yoshino, Dean & CEO of the Asian Development Bank Institute. After 8:30, we’ll learn about some of the differences the roll out of the 5G network will make for us with Wilson Chow from PricewaterhouseCoopers, Hong Kong. Finally, we’ll look at the latest developments in the world of exchange traded funds with Tobias Bland, CEO of EIP Alpha.
21/08/2018 - 8:08 Business and Market Discussions
Connie Bolland, Founder and Chief Economist of Economic Research Analysis, comments that US dollar assets are seen as a safe haven by investors and that has pushed the US dollar sky high.
Jack Siu, Director and Senior Investment Strategist for Asia Pacific at Credit Suisse, forecasts that the China A-share market will gain 10% in the next 12 months.
21/08/2018 - 8:25 View from Japan
21/08/2018 - 8:34 Tech Report : 5G Roll-out
Wilson Chow, Global Technology, Media and Telecommunications Leader at PricewaterhouseCoopers Hong Kong, talks about how 5G will change the way we live and work in Hong Kong. Mr. Chow adds that the development of 5G will support emerging technologies such as autonomous driving, virtual reality and e-sports.
21/08/2018 - 8:48 Exchange-Traded Funds
The wild swings in global stocks has continued for a fourth day with shares on Wall Street oscillating between losses and gains. US government bond yields have also jumped higher and are now almost back to where they were before the latest sell-off in shares began.
China has responded to the US Trump administration’s slapping of tariffs on imports of solar panels and washing machines by filing a complaint with the World Trade Organisation. China says the tariffs are not consistent with international trade rules.
US Senate leaders have reached a bipartisan budget deal that will keep the government funded for two years. It also significantly increases military and domestic spending by around $300 billion. However, the measure could face resistance in the House of Representatives.
German Chancellor Angela Merkel's conservatives and the Social Democrats have agreed in principle on a coalition deal. Germany has been unable to cobble a government together for four months, the longest period without a government since the second world war. The latest agreement seems likely to break the deadlock and lead to the formation of a new government by Easter.
On today’s programme, our regular Thursday guest, Enzio von Pfeil is joined by Steve Wang from CITIC CLSA. On the phone from Taipei is Maurice Lu of Sinopac Futures in Taiwan.
08/02/2018 - 8:08 Business and Market Discussion
Enzio von Pfeil comments that when he looks at his indicators, they show that the global “Economic Time” peaked last October and has been waning a little since then.
Steve Wang, Senior Credit Analyst at CITIC CLSA, says that the way for Chinese companies to counteract the impact of tariffs by the US, is to produce better products that can compete with American goods.
08/02/2018 - 8:24 View from Taiwan