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") .
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
US stocks have rebounded on Wall Street after President Donald Trump unveiled a $1.5 trillion infrastructure rebuilding plan. But the US budget for 2018/19 reveals that deficits will continue for at least another 20 years. Chinese stocks have also rallied after authorities urged funds to refrain from selling and ordered brokers to provide them with their trading plans for the week.
In Singapore, shares in exchange operator SGX tumbled over 7% after India’s main exchanges said they would no longer provide data to foreign bourses in order to prevent the growth of overseas listed derivatives on Indian benchmark indices, a major source of revenue for the SGX.
New loans made by Chinese banks hit a record high last month as the crackdown on shadow banking caused companies to turn to more traditional forms of lending.
This morning’s guests on Money Talk are Karine Hirn from East Capital and Ian Hui of JP Morgan Asset Management. Providing the view from Japan is Marcel Thieliant at Capital Economics.
13/02/2018 - 8:07 Business and Market Discussion
Talking about the US infrastructure spending plans, Karine Hirn, Partner at East Capital, comments that the Chinese government is spending far more and acting much quicker than the US authorities on infrastructure projects.
Ian Hui, Global Market Strategist from JP Morgan Asset Management, expects that after the US Congress has passed an infrastructure bill, the outcome will be very different from what President Trump originally announced.
13/02/2018 - 8:24 View from Japan
Marcel Thieliant, Senior Japan Economist at Capital Economics, expects that the Bank of Japan’s Governor Haruhiko Kuroda will likely be re-appointed for a second term, and Mr. Thieliant adds that the bank's Executive Director Masayoshi Amamiya will probably get one of the bank’s two Deputy Governor positions.