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") .
Apple has announced the launch of three new iPhone models, two of which are larger than before and a new smart watch. The tech giant describes the iPhone 10S as its “most advanced” handset yet with better picture resolution and sounds than the iPhone 10, and apps which will open 30% faster. The new watch will be larger and thinner and will contain advanced health monitoring features such as being able to sense if you've had a fall and the watch will call emergency services if it thinks you’ve lost consciousness.
The Wall Street Journal is reporting that the Trump Administration has proposed a new round of trade talks with China to see if agreement can be reached on key sticking points before a new round of tariffs is imposed on Chinese exports to the US. However, the White House hasn’t confirmed those reports. Nevertheless, hopes of a restart to the stalled negotiations has sent offshore yuan and Hang Seng futures spiking higher and sparked a rebound in emerging market stocks.
This weekend sees the 10th anniversary of the collapse of Lehman Brothers, one of the events which triggered the global financial crisis. The latest data from the US Census Bureau shows incomes have finally recovered to levels from before the financial crisis, after adjusting for inflation.
Joining today’s Money Talk are Personal Wealth Adviser, Enzio von Pfeil and Marc Franklin from Conning Asia Pacific. On the phone from London is our international economics correspondent, Barry Wood.
13/09/2018 - 8:09 Business and Market Discussions
Personal Wealth Adviser Enzio von Pfeil comments that the Fed and other central banks did the right thing a decade ago in the global financial crisis by bailing out large banks.
Marc Franklin, Senior Portfolio Manager at Conning Asia Pacific, says that the drop in stocks across Asia can be attributed to various factors including the US normalisation of monetary policy and because of a range of Chinese regulatory measures on different industries.
RTHK's International Economics Correspondent Barry Wood comments that people across the US economic spectrum welcome the possibility of a new round of US-China trade talks.