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") .
Ahead of tomorrow’s interest rate decision from the Federal Reserve, President Trump has warned the US central bank against making “yet another mistake.” He advised the monetary policy committee to “feel the market” as US stocks moved closer to a 2018 low this week.
Business confidence in Germany has sunk to the lowest level in more than two years, according to a survey from the Ifo Economic Institute. Trade friction, Brexit, and slower global growth are slowing the nine-year upswing in Germany’s economy and business expectations fell to a four-year low.Our panel of guests this morning consists of Marc Franklin from Conning Asia Pacific, Independent Analyst Andrew Sullivan and from Washington D.C., RTHK’s International Economics Correspondent, Barry Wood.
19/12/2018 - 8:08 Business and Market Discussions
Marc Franklin, Senior Portfolio Manager from Conning Asia Pacific says President Xi Jinping and the Chinese communist party's credibility are being questioned because of the sharp economic slowdown and the lack of progress in trade talks between China and US.
Independent Analyst Andrew Sullivan forecasts opportunities in Vietnam and Cambodia in 2019 as companies relocate their factories there because of the trade war.
RTHK’s International Economics Correspondent, Barry Wood says the US Federal Reserve is probably at the end of its tightening cycle and he expects that this will be last rate hike. Mr Wood also forecasts that a trade agreement will be reached between the US and China in 2019.
US President Donald Trump has tweeted that China is sending “very strong signals” that it’s serious about trade negotiations. Yesterday, China’s commerce department acknowledged there was a timetable for the discussions and said it would implement the “agreed upon consensus” quickly. However, uncertainty remains over what commitments were made.
Ahead of today’s meeting in Vienna between Opec members and Russia, Donald Trump has urged oil producing nations to maintain oil output at current levels. He tweeted, “the world does not want to see, or need, higher oil prices.”
Canada has arrested the chief financial officer of China’s telecoms manufacturer Huawei. She is now facing extradition to the United States on suspicion she violated US trade sanctions against Iran.
On today’s Money Talk our guests are Nitin Dialdas from Mandarin Capital and Anthony Chan of Union Bancaire Privée. Also joining the programme to talk about intellectual property protection on the mainland is Benjamin Bai, Chief IP Officer for Ant Financial.
06/12/2018 - 8:08 Business and Market Discussions
Nitin Dialdas, Chief Investment Officer of Mandarin Capital points out that the inverted Treasury yield curve, which is an indicator of confidence in the economy going forward, is a more important factor for markets than trade tariffs.
Anthony Chan, Chief Asia Investment Strategist of Union Bancaire Privée comments that the announcements made by Trump and Xi after the trade talks reflect substantial disagreement and different expectations from both sides. Mr Chan adds that the bottom line for the trade talks has narrowed to whether the US wants to change China's industrial policy.
06/12/2018 - 8:20 BIP Asia Forum 2018