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") .
On today's Money Talk with Richard Harris, we will discuss Chinese stimulus measures to tackle the worsening economic slowdown, and also the Malaysia 1MDB scandal. Joining the discussion are Francis Lun, CEO of GEO Securities, and Peter Guy, Business and Finance Columnist at the South China Morning Post. Providing a view from New Zealand is Mike Gibbs-Harris, Director of MGH Asset Management.
18/01/2019 - 8:10 Business and Market Discussions
Francis Lun, CEO of GEO Securities, says predictions of Chinese economic growth this year of 6 to 6.5 percent may be too optimistic.
Peter Guy, business and finance columnist at the South China Morning Post, comments that US President Trump thinks that he himself can win all the concessions he wants, get the government operation back to normal and achieve a a stable economy before the 2020 presidential election.
18/01/2019 - 8:22 View from New Zealand
After the most divisive US midterm elections in recent history, the Democrats have retaken control of the House of Representatives giving them the ability to thwart Presidential Trump’s legislative agenda for the remainder of his first term. However, Republicans have increased their majority in the Senate. President Trump offered to work with Democrats on legislative priorities but threatened to retaliate if they launched investigations into him. US stocks rallied after the results but the dollar sold off.
The latest data from the mainland shows China’s foreign exchange reserves dropped by a bigger than expected US$34 billion in October. That was the worst monthly decline since late 2016.
The People's Bank of China has warned of high leverage and complex financing methods of financial holding companies, which refer to non-financial companies that take control of financial institutions. The PBOC said their expansion poses systemic risks and it will impose more stringent rules on five such companies including Alibaba’s Ant Financial, Tencent and JD.com.
Later today, the Fed will conclude its two-day monetary policy meeting and is widely expected to leave interest rates unchanged. Inflation expectations have been lowered by the sharp fall in the price of oil over the past month, easing pressure on the FOMC.
Joining today’s Money Talk to discuss the latest business and finance headlines are personal wealth advisor, Enzio von Pfeil and Nitin Dialdas from Mandarin Capital. Providing his analysis of the US midterm election results is Nick Wright, Partner and Campaigns Director, from Luntz Global.
08/11/2018 - 8:08 Business and Market Discussions
Personal Wealth Advisor Enzio von Pfeil expects that the excess supply of goods in the US will become pronounced in the second half of next year and the Fed is expected to continue the fiscal tightening.
Nitin Dialdas, Chief Investment Officer from Mandarin Capital says that the rally in US stocks after the midterm elections was because an uncertainty has been removed.
08/11/2018 - 8:20 US Mid-Term Election