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 every weekday morning 8 to 8:30 a.m. 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 "MoneytalkRadio3") .
Global Stock markets have fallen sharply as concerns grow over the spread of China's deadly flu-like virus. Hong Kong and mainland shares were the hardest hit. China's Shanghai Composite fell by the most in eight months and the Hang Seng in Hong Kong tumbled below 28,000. However, US shares have recovered after the World Health Organisation tried to calm fears over the deadly coronavirus.
The European Central Bank has left interest rates in the eurozone unchanged and launched a strategic review into its monetary policy, after once again failing to reach its inflation target of 2%.
US Treasury Secretary Steven Mnuchin has told teenage environmentalist Greta Thunberg to go away and study economics before lecturing investors. He said her call for investors to divest fossil fuels showed a lack of understanding about the economy and jobs.
On today’s Money Talk we’re joined by Gavin Parry of Parry International Trading and Tariq Dennison at GFM Asset Management. On the phone from Sydney with the view from Australia is Toby Lawson of Societe Generale.
24/01/2020 - 8:08am Business and Market Discussion
Gavin Parry, Managing Director at Parry International Trading says it's too early to buy following this week's sharp falls in Hong Kong and mainland stock markets.
Tariq Dennison, Portfolio Manager at GFM highlighted that it will take at least six months to get comprehensive economic data about the impact of the Wuhan coronavirus.
24/01/2020 - 8:24am View from Australia
The World Trade Organization has warned of a global trade slow down. WTO economists said yesterday that global trade grew by 3% in 2018 and would slow to 2.6% this year. Credit ratings agency Moody’s warned that a global recession is “highly likely” if there was no trade deal in the next few months.
UK Prime Minister Theresa May will ask the EU for an extension to the April 11 Brexit deadline. Meanwhile, she said she will work with opposition parties to agree a plan on the future relationship with the EU.
On today’s Money Talk, casting their analytical eye over the day’s top business stories are Stewart Aldcroft of CitiTrust, Peter Churchouse from Portwood Capital and RTHK’s International Economics Correspondent, Barry Wood.
03/04/2019 - 8:09 Business and Market Discussions
Stewart Aldcroft, Chairman of CitiTrust, comments that the WTO is trying to encourage the US and China to reach a trade agreement at this crucial point when both nations seem to be close to a deal.
Peter Churchouse, Founder of Portwood Capital, says that the risk of a recession in the US has doubled based on signals from the bond market and he warns investors not to be too bullish on the global economy.
RTHK’s International Economics Correspondent Barry Wood says that he does not see a dramatically slowing US economy but a steady one with a slower pace of growth.