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") .
UK Prime Minister’s Theresa May’s plans to hold a third vote this week on her Brexit deal have been scuppered by the Speaker of the House of Commons, John Bercow, who warned that the deal must first undergo substantive changes before it can be resubmitted to Parliament. Ahead of an EU summit later this week to consider a likely request from Mrs. May for a delay to the date of the UK’s departure from the EU, ministers are warning of a constitutional crisis.
Global stocks have hit five-month highs ahead of a busy week for central banks. The Fed, the Bank of England and central banks in the Philippines, Indonesia, Thailand and Taiwan will meet and all are expected to leave borrowing costs unchanged.
Joining today’s Money Talk are Connie Bolland of Economic Research Analysis and Ian Hui from JP Morgan Asset Management. With this week’s view from Japan is Nick Smith at CLSA in Tokyo.
19/03/2019 - 8:08 Business and Market Discussions
Connie Bolland, Founder & Chief Economist of Economic Research Analysis, says that the improvement in Japanese and Singapore exports to China and Hong Kong can be attributed to the tax cuts and stimulus measures on the mainland.
Ian Hui, Global Market Strategist at JP Morgan Asset Management, does not expect any further rate hikes from the Fed in 2019.
19/03/2019 - 8:23 View from Japan
Good morning. The UK’s House of Commons has voted to reject a no-deal Brexit under any circumstances, in a non-binding vote. However, unless an alternative deal is agreed with the European Union, the UK will crash out of the EU without a deal on 29 March by default.
President Trump has issued an emergency order banning Boeing 737 Max aircraft, involved in two deadly crashes in the last five months, from US airspace. The order comes amid growing criticism of the Federal Aviation Authority for failing to ground the aircraft, even though authorities in Europe and China have done so. Hong Kong’s Civil Aviation Department has joined a wave of other countries in deciding to temporarily ban the Boeing 737 Max aircraft from its airspace.
China’s banking regulator issued new guidelines yesterday to encourage banks to increase loans to small businesses. The regulator will allow the non-performing loan ratio for small business loans to rise by three percentage points to facilitate a 30% increase in loans to small and micro-enterprises by the end of 2019.
14/03/2019 - 8:08 Business and Market Discussions
14/03/2019 - 8:20 View from Taiwan