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") .
Joining today's Money Talk are Connie Bolland, Founder & Chief Economist at Economic Research Analysis, and Patrick Bennett, Macro-strategist at Canadian Imperial Bank of Commerce. Providing the latest update on Japan is Marcel Thieliant, Senior Japan Economist at Capital Economics.
19/06/2018 - 8:08 Business and Market Discussion
Connie Bolland, Founder and Chief Economist at Economic Research Analysis, forecasts that US President Trump's imposition of tariffs on China may last until the mid-term elections.
Patrick Bennett, Macro-strategist at Canadian Imperial Bank of Commerce, expects that the global asset and equity markets will be under pressure with a faster pace of inflation and a rise in trade protectionism.
19/06/2018 - 8:23 View From Japan
Donald Trump and Kim Jong-un will hold today the first ever meeting between a sitting US president and a North Korean leader. The White House said yesterday negotiations have “moved more quickly than expected” in advance of the summit. In a marked change of tone, North Korean state media said it’s time to "establish a new relationship" with the United States.
Donald Trump has resumed his tirade at other G7 leaders over trade, attacking Canada in particular. He then went on to criticise America's closest allies for their contribution to NATO tweeting that the US paid "close to the entire cost of NATO" to help protect countries that "rip us off on trade".
HSBC’s new CEO John Flint says the bank will invest $17bn in technology and China’s Pearl River Delta Region as it pursues a growth strategy once again. Standard Chartered plans to become the first global bank to apply for a Hong Kong virtual banking licence as it prepares to launch a new banking business in the SAR.
Chinese smartphone maker Xiaomi has posted a $1bn first quarter loss ahead of its IPO in Shanghai and Hong Kong. In its prospectus for what would be the world’s biggest IPO since 2014, Xiaomi says it will use 40% of the proceeds to fund its global expansion.
In the markets, US stocks are unchanged ahead of the Trump-Kim summit. Italian 10-year bond yields fell the most in 6 years after Italy’s new finance minister pledged to stay in the euro and cut the country’s debt.
Joining today’s Money Talk with their analysis are Connie Bolland of Economic Research Analysis and Jack Siu from Credit Suisse. Providing the view from Japan is Nick Smith at CLSA in Tokyo.
12/06/2018 - 8:08 Business and Market Discussion
Connie Bolland, Founder & Chief Economist of Economic Research Analysis, says the US wants a fast impact from the Trump-Kim summit while North Korea prefers taking gradual steps. How to approach the difference in the time frames will be a test of skills for the two leaders.
Jack Siu, Director & Senior Investment Strategist for Asia Pacific at Credit Suisse, holds a positive outlook on the global equity market for the second half of the year.
12/06/2018 - 8:24 View From Japan