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") .
On today's Money Talk, taking an in-depth look at the local and global business headlines are Francis Lun, CEO of GEO Securities, and Ronald Wan, Non-Executive Chairman at Partners Financial Holdings Ltd. Giving a view from down-under is Toby Lawson, Head of Global Markets at Societe Generale Australia in Sydney.
24/05/2019 - 8:10 Business and Market Discussions
Francis Lun, CEO of GEO Securities, says the global economy will enter a very long winter if Presidents Trump and Xi cannot reach a trade deal by the end of June and allow the markets to rebound in July.
Commenting on David Li stepping down as Chairman of the Bank of East Asia, Ronald Wan, Non-Executive Chairman at Partners Financial Holdings, says the bank has been too conservative in the past years, and he expects it to be run in a more dynamic fashion going forward.
24/05/2019 - 8:23 View from Australia
US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to put on hold an increase in trade tariffs for 90 days to allow time for talks to resolve differences between the two countries. In return, China will buy a "very substantial" amount of agricultural, industrial and energy products, according to the White House.
In response, US stock index futures have rallied sharply in early Asian trading and the yuan has gained in the offshore market. China stocks could be given an additional boost by news that the China Financial Futures Exchange will cut margin requirements for stock index trading, the first such reduction since September 2017.
Activity in China’s manufacturing sector has stalled after more than 2 years of growth. The contraction at smaller businesses has intensified and growth in new orders slowed further.
Joining today’s Money Talk with their analysis are Alex Wong of Ample Capital and Gavin Parry from Parry International Trading. Providing the view from the mainland is William Zarit, Chairman of the American Chamber of Commerce in China.
03/12/2018 - 8:08 Business and Market Discussions
Alex Wong, Director of Asset Management at Ample Capital says that the market has reacted positively towards the 90-day trade ceasefire between the US and China but investors remain cautious. Mr Wong forecasts that the upcoming OPEC meeting will lead to a stabilisation of the oil price.
Gavin Parry, CEO of Parry International Trading says investors are reacting to the valuation discrepancy between the US and other markets. He does not foresee a US recession in 2019.
03/12/2018 - 8:20 View from China
William Zarit, Chairman of the American Chamber of Commerce in China hopes that Beijing will take advantage of the 40th anniversary of China's economic reforms to make some concessions over the unequal treatment faced by American companies on the mainland. Mr Zarit adds that some businesses are holding off on major decisions about whether to move their supply chain elsewhere.