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") .
US$40 billion has been wiped off the value of tech giant Apple, amid fears over declining sales of iPhones. The fall came after profit warnings from two of its key suppliers. Apple dragged shares on Wall Street sharply lower overnight.
The EU’s Chief Brexit negotiator Michel Barnier said the main elements of a withdrawal treaty are ready and would be presented to the UK cabinet today. However, doubts remain over whether UK Prime Minister Theresa May will be able to muster enough support from her cabinet to agree a deal. Her spokesman has downplayed the prospect of a deal and said that "negotiations were ongoing".
China’s Ministry of Commerce has played down the impact of the trade war on the mainland economy. In a report, it said the strong US economy was boosting the value of its exports and American consumers still want to buy Chinese products.Joining today’s Money Talk are Connie Bolland of Economic Research Analysis and Anthony Chan from Union Bancaire Privée. Providing the view from Japan is Marcel Thieliant at Capital Economics.
13/11/2018 - 8:08 Business and Market Discussions
Connie Bolland, Founder of Economic Research Analysis says that the tech sector is overvalued and there will need to be new initiatives and some removal of regulatory concerns before the tech sector can take shape again.
Anthony Chan from Union Bancaire Privée points out that buy backs and tax cuts have both contributed to US earnings growth. Mr Chan forecasts that US earnings growth will slow down to single digit levels.
13/11/2018 - 8:20 View from Japan