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") .
On today's Money Talk, our panel of market experts providing an in-depth analysis of the US-China trade dispute and other business headlines consists of Stewart Aldcroft, Chairman of CitiTrust Limited; Karine Hirn, Partner at East Capital; and RTHK’s International Economics Correspondent Barry Wood in Washington DC.
22/05/2019 - 8:08 Business and Market Discussions
Stewart Aldcroft, Chairman of CitiTrust, comments that blocking Google products from Huawei phones will cause the Chinese tech-giant to develop its own operating system, and if Huawei continues to be the world's largest mobile phone distributor, such a move may turn out eventually to be very bad for Google.
Talking about the Indian general election, Karine Hirn, Partner at East Capital, says that it's good news that Prime Minister Narendra Modi, who's likely to be re-elected, has a big reform agenda in areas including employment and infrastructure.
RTHK’s International Economics Correspondent Barry Wood says the additional tariffs on Chinese products has made US shoe retailers come out and demand a resolution to the trade dispute, and he expects more US companies will soon raise their voices.
Donald Trump and Kim Jong-un will hold today the first ever meeting between a sitting US president and a North Korean leader. The White House said yesterday negotiations have “moved more quickly than expected” in advance of the summit. In a marked change of tone, North Korean state media said it’s time to "establish a new relationship" with the United States.
Donald Trump has resumed his tirade at other G7 leaders over trade, attacking Canada in particular. He then went on to criticise America's closest allies for their contribution to NATO tweeting that the US paid "close to the entire cost of NATO" to help protect countries that "rip us off on trade".
HSBC’s new CEO John Flint says the bank will invest $17bn in technology and China’s Pearl River Delta Region as it pursues a growth strategy once again. Standard Chartered plans to become the first global bank to apply for a Hong Kong virtual banking licence as it prepares to launch a new banking business in the SAR.
Chinese smartphone maker Xiaomi has posted a $1bn first quarter loss ahead of its IPO in Shanghai and Hong Kong. In its prospectus for what would be the world’s biggest IPO since 2014, Xiaomi says it will use 40% of the proceeds to fund its global expansion.
In the markets, US stocks are unchanged ahead of the Trump-Kim summit. Italian 10-year bond yields fell the most in 6 years after Italy’s new finance minister pledged to stay in the euro and cut the country’s debt.
Joining today’s Money Talk with their analysis are Connie Bolland of Economic Research Analysis and Jack Siu from Credit Suisse. Providing the view from Japan is Nick Smith at CLSA in Tokyo.
12/06/2018 - 8:08 Business and Market Discussion
Connie Bolland, Founder & Chief Economist of Economic Research Analysis, says the US wants a fast impact from the Trump-Kim summit while North Korea prefers taking gradual steps. How to approach the difference in the time frames will be a test of skills for the two leaders.
Jack Siu, Director & Senior Investment Strategist for Asia Pacific at Credit Suisse, holds a positive outlook on the global equity market for the second half of the year.
12/06/2018 - 8:24 View From Japan