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 "MoneytalkRadio3") .
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.