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") .
Minutes from the latest US Federal Reserve policy meeting show that policymakers felt there was very little risk to halting interest rate increases. The Fed discussed several headwinds to the US economy and decided a pause in rate hikes would give the FOMC time to assess the effects of a global economic slowdown on the US economy.
US President Donald Trump has threatened to impose tariffs on automobiles imported from the European Union, if the bloc doesn’t agree to a new trade deal. Speaking at a White House press conference he said, “if we don’t make the deal, we’ll do the tariffs.”
On today’s Money Talk, we have our regular weekly guest, personal wealth advisor Enzio von Pfeil with us, along with John Schofield of Apastron Investment. With this week’s view from Taiwan is Taipei-based Political Risk Consultant, Ross Feingold.
21/02/2019 - 8:08 Business and Market Discussions
Personal Wealth Advisor Enzio von Pfeil comments that the Fed is losing credibility as its decisions are being influenced by President Trump and the markets.
Talking about the US-China trade talks, John Schofield, Executive Director of Apastron Investment, says that the Chinese government has no intention of destabilising the yuan.
21/02/2019 - 8:25 View from Taiwan
Hong Kong’s Secretary for Commerce and Economic Development, Edward Yau, says the proposed new US tariffs on Chinese goods will hit Hong Kong hard with almost half the Chinese exports going to the US via Hong Kong being affected. He said that a second round of tariffs would affect about HK$130 billion worth of Chinese exports to the US via Hong Kong – about 2.2% of the city’s total exports.
The IMF has warned that the global expansion has plateaued and become less balanced because of rising trade tensions. The Fund says that Donald Trump’s imposition of tariffs on imports could knock almost 15% off global growth by 2020.
In the latest economic data, China’s economy softened a little in the second quarter but was still above the government’s target of around 6.5% growth. US consumer spending rose for the fifth month in a row last month.
Joining this morning’s panel discussion are Wendy Liu from Nomura and Jack Siu of Credit Suisse. Providing the view from Japan is Nick Smith from CLSA in Tokyo. After 8:30, we’ll explore the latest developments in robotics with Eden Lu and Mark Mak founders of Roborn Dynamics. In this week’s emerging markets segment we shall discuss Indonesia with Vasuki Shastry, Asia House Board Member & Author of "Resurgent Indonesia: From Crisis to Confidence".
17/07/2018 - 8:09 Business and Market Discussion
Wendy Liu, Head of China Equity Research & Chief Equity Strategist for Greater China at Nomura International, says the Mainland economy is doing well and the slowdown so far is minimal.
Jack Siu, Director & Senior Investment Strategist for Asia Pacific from Credit Suisse, is confident that the China government can maintain its GDP growth target, and he expects the growth rate will be 6.5% by the end of the year.
17/07/2018 - 8:25 View From Japan
17/07/2018 - 8:35 Tech Report : Robotics
17/07/2018 - 8:46 Emerging Markets Update : Indonesia