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
The US Supreme Court has made a landmark ruling that could allow states across the country to legalise sports betting. Shares in gambling companies in the US and UK have surged on the news.
In the markets, the Dow is on its longest winning streak in 8 months, US 10-year treasury yields hit 3% once again and the dollar and oil price have both risen. There has been more volatility in emerging markets with currencies, bonds and stocks showing sharp price swings. MSCI has released the list of 234 Chinese A-shares that will be added to its emerging market index from June.
The news that President Donald Trump has done a U-turn at the request of President Xi Jinping and will try to help save the business operations of Chinese telecoms giant ZTE, has attracted criticism from both Republicans and Democrats in Congress. But China’s foreign ministry has praised the decision and says vice-premier Liu He will travel to Washington later today to continue trade discussions.
With us today are Connie Bolland of Economic Research Analysis and Rob Koepp from The Economist Corporate Network. We also get our weekly update from Japan. Joining us today on the line from Tokyo is journalist & author, William Pesek.
15/05/2018 - 8:08 Business and Market Discussion
Connie Bolland, Founder & Chief Economist of Economic Research Analysis, comments that US President Trump's reversal on Chinese telecoms company ZTE has indicated that some agreement has been reached between President’s Xi and Trump ahead of Chinese Vice-Premier Liu He's visit to Washington, and that China will likely bring a large shopping list to the trade talks with the US.
Rob Koepp, Director from The Economist Corporate Network, is hopeful that the new Malaysian coalition will have a positive impact on Malaysia’s stock market and investment in the country.
15/05/2018 - 8:25 View From Japan