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") .
One of President Trump's top economic advisers has suggested there could be a case for evicting China from the World Trade Organisation. Kevin Hassett, chairman of the president's Council of Economic Advisers, said China had "misbehaved" as a member of the global body.
The OECD says trade tariffs and higher interest rates are slowing global growth. The Paris-based group doesn't see a recession on the horizon but it has warned that an escalation of trade tensions could cut global GDP growth by as much as 0.8% by 2021.
Chinese electronics giant Xiaomi will grow the number of stores it operates in India from 500 to 5,000 by the end of 2019, generating more than 15,000 jobs. Xiaomi is already India's largest smartphone vendor and in October it opened 500 stores across 14 states in India, setting a Guinness World Record for the most number of retail stores opened at one time, ever.
Joining today’s Money Talk are Personal Wealth Advisor, Enzio von Pfeil and John Schofield from Apastron Investment. Providing the view from Taiwan this morning is Ross Feingold, Senior Advisor for D.C. International Advisory in Taipei.
22/11/2018 - 8:08 Business and Market Discussions
Personal Wealth Advisor Enzio von Pfeil expects there will be a global recession by 2020 led by the US economy due to the excessive levels of debt in the system.
John Schofield, Executive Director at Apastron Investment notes that markets are signalling distress and he sees the US market rolling over during the course of the year.
22/11/2018 - 8:20 View from Taiwan
Mainland smartphone maker Xiaomi has closed below its IPO price on its first day of trading yesterday. Xiaomi was the first company to list under Hong Kong’s new rules which allow companies with dual class shares to float on the local stock exchange.
Theresa May's Brexit woes have deepened as Foreign Secretary Boris Johnson becomes the latest minister to resign from her cabinet. Ratings agency Fitch says the resignations raise the political, economic and institutional uncertainties round the EU-UK Brexit negotiations.
Japanese car maker Nissan has become the latest auto manufacturer to admit to misconduct related to exhaust emissions and fuel economy measurements in final vehicle inspections at most of its factories in Japan. The company said that inspection reports were based on falsified measurements.
Tesla will raise prices for its models sold in China by 20%, after Beijing slapped a 25% punitive tariff on American-made automobiles. China’s commerce ministry said yesterday it would use the tariff revenues from its countermeasures to aid affected companies and employees.
On today’s Money Talk we’re joined by Hannah Anderson from JP Morgan Asset Management and Tariq Dennison of GFM Asset Management. Our regular Tuesday look at Japan comes this week from Marcel Thieliant, Senior Japan Economist at Capital Economics.
After 8:30 we meet Adam Goh, Co-Founder of innovative company Zapzapmath, that uses technology to make maths learning fun and easier for schoolchildren. We also talk to “Soul Rich Woman”, Genecia Alluora about female entrepreneurs in Asia.
10/07/2018 - 8:09 Business and Market Discussion
Hannah Anderson, Global Market Strategist from JP Morgan Asset Management, comments that investors have breathed a sigh of relief after there was no escalation in the trade war over the weekend.
Tariq Dennison, Portfolio Manager at GFM Asset Management, says that mainland smartphone maker Xiaomi was optimistic about the valuation for its IPO.
10/07/2018 - 8:25 View From Japan
10/07/2018 - 8:34 Zapzapmath
10/07/2018 - 8:46 Soul Rich Woman