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, giving us the latest update on the Australian federal election is Toby Lawson, Head of Global Markets at Societe Generale Australia. Reviewing the latest business headlines are Alex Wong, Director of Asset Management at Ample Capital, and Anthony Chan, Chief Asia Investment Strategist at Union Bancaire Privée. We're also joined on the line by Yanan Wu, Chairman of Zhen Rong Bao in Beijing, for this week's view from the mainland.
20/05/2019 - 8:09 Update on Australian Election
20/05/2019 - 8:13 Business and Market Discussions
Alex Wong, Director of Asset Management at Ample Capital, says that a shift of impact on Huawei from its components to its operating systems has brought about concern among investors over China's technological development.
Anthony Chan, Chief Asia Investment Strategist at Union Bancaire Privée, points out that there is still a long way to go amid much market volatility if Presidents Trump and Xi are to meet at next month's G20 Summit.
20/05/2019 - 8:23 View from China
US stock index futures have been hit after the closing bell after the Trump Administration released its list of an additional $200bn in Chinese goods it will hit with 10% tariffs. There will be a 2-month consultation period before the President decides to go ahead with the imposition of more duties.
Fears of an escalation in the international trade war have led to confidence among investors in Germany tumbling in July, according to the ZEW economic institute. German leader Angela Merkel and Chinese Premier Li Keqiang reiterated their commitment to rules based global trade. Mr. Li said free trade was a key factor in promoting economic growth. Ms. Merkel said, “Germany supports the rules-based system of free trade and is therefore concerned when illegal tariffs are being levied.”
Tesla has signed an agreement with the Shanghai government to build a plant in the city with an annual capacity of 500,000 electric vehicles. BMW and Great Wall Motor will invest 5.1bn yuan in their joint venture in Jiangsu province, to produce 160,000 electric minis.
Dockless bike sharing company Gobee.bike has announced it will cease its Hong Kong operations next Wednesday, just 15 months after launch. Yesterday Gobee.bike said on its Facebook page that it could not make its business model profitable and the financial costs of maintaining the bikes was too high.
Our panel of guests this morning consists of Mark Michelson of IMA Asia, Andrew Peaple from The Wall Street Journal and RTHK’s International Economics Correspondent, Barry Wood.
In the second half of the show we talk to Jeff Streeter, director of the British Council in Hong Kong, about how they are encouraging creativity in the workforce. We also get an update on the latest developments in emerging markets with Michael Every, Head of Financial Markets Research for Asia-Pacific at Rabobank.
11/07/2018 - 8:08 Business and Market Discussion
Mark Michelson, Chairman of Asia CEO Forum at IMA Asia, points out that the impact of the ongoing trade war goes beyond tariffs, and companies operating in China may encounter more restrictions in running their businesses.
Commenting on Brexit, Andrew Peaple, Asia Markets and Heard on the Street Editor from The Wall Street Journal, says that British Prime Minister Teresa May has a good week after two pro-Brexit ministers left the cabinet, and that the path is now clear for a soft Brexit.
RTHK’s International Economics Correspondent Barry Wood comments that the setting up of a new factory by Tesla in Shanghai reflects the opening-up of the Chinese market as pledged by President Xi.
11/07/2018 - 8:34 British Council : Creativity in Workforce
11/07/2018 - 8:48 Emerging Markets Update