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") .
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
China's government has demanded the immediate release of Huawei’s chief financial officer, Meng Wanzhou, who was arrested by Canadian police in Vancouver on Saturday, at the request of the US, for allegedly violating American sanctions against Iran. China’s embassy in Canada called the move a serious violation of her human rights. Her arrest has raised concerns it could mar talks between the US and China over trade, just days after the two countries agreed a 90-day truce. The arrest has sent global stock markets reeling. However shares on Wall Street staged a recovery after a report in the Wall Street Journal that Fed officials were considering a pause in interest rate rises next year.
The latest data from the US Commerce Department shows the US trade deficit with China hit a new record in October. A drop in key exports such as soybeans was responsible for the rise in the deficit.
Joining today’s Money Talk are Francis Lun, CEO of GEO Securities and Richard Harris, CEO of Port Shelter Investment Management. Providing a perspective from down under is Toby Lawson, Head of Global Markets at Societe Generale Australia.
07/12/2018 - 8:08 Business and Market Discussions
Francis Lun, CEO of GEO Securities says that China has surpassed the west in terms of telecommunications technology, especially 5G technology. Mr Lun adds that the US is trying to prevent the emergence of China and Huawei as 5G technology leaders, and wants to keep China as a second grade industrial power doing things such as assembling iPhones.
Richard Harris, CEO of Port Shelter Investment Management says that the current US-China trade war has turned into a tech war. Companies from the west are worried about their technology being stolen, whereas China feels it is a conspiracy by the west.
07/12/2018 - 8:20 View from Australia