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 "MoneytalkRadio3") .
Germany's Ursula von der Leyen has been narrowly elected president of the EU Commission after securing the backing of more than half of the members of the European parliament on Tuesday evening. She will replace European Commission President Jean-Claude Juncker on 1 November.
Christine Lagarde has resigned as managing director of the International Monetary Fund, ahead of a decision on her nomination to become head of the European Central Bank. She will leave the IMF on 12 September.
President Trump has tweeted that he will look into accusations made by billionaire tech investor Peter Thiel that Google is working with the Chinese Government. Mr. Thiel accused Google of treason and asked whether its management had been infiltrated by Chinese spies. Mr Thiel is one of Mr. Trump’s biggest supporters in Silicon Valley.
President Trump said overnight that the US remains "a long way" from a trade deal with China and that he could "impose more tariffs on China if he wanted."On today’s Money Talk, we’re joined by Mark Michelson from IMA Asia, Brad Gibson of Alliance Bernstein and RTHK’s International Economics Correspondent, Barry Wood.
17/07/2019 - 8:00-9:00 Business and Market Discussion
Brad Gibson of Alliance Bernstein expects China's economy to remain stable in the second half of 2019, with no significant rebound. Mr Gibson thinks that the Chinese government will apply more stimulus.
RTHK’s International Economics Correspondent, Barry Wood believes that Fed does not need to cut interest rates, despite the market pricing in a 25bps cut at the end of the month.
Mark Michelson from IMA Asia believes that the key issues in the Sino-US trade dispute have not been resolved, and events since the G20 meeting are not positive.
Economic growth on the mainland has beaten expectations, rising 6.4% in the first quarter. It was boosted by an improvement in factory activity which saw its biggest jump in almost five years.
America’s trade deficit unexpectedly shrank to its narrowest level in eight months in February. The trade gap in goods with China fell US$3.1 billion to US$30.1 billion
With us on today's Money Talk are Mark To of Wing Fung Financial Group, and Anthony Chan from Union Bancaire Privée. In the second part of the programme, we’ll be joined by Charles Mok, Legislator representing the IT Functional Constituency.
18/04/2019 - 8:07 Business and Market Discussions
Mark To, Managing Director of Asset Management at Wing Fung Financial Group, is of the view that the massive stimulus on the mainland seen in the first quarter will not be sustainable.
Anthony Chan, Chief Asia Investment Strategist at Union Bancaire Privée, says that the jump in Chinese industrial production to 8.5% in March is surprising, and he forecasts that the stock market will continue to perform well despite a possible setback in the April figures.
18/04/2019 - 8:18 Businesses Under Proposed Change to HK Extradition Law : Charles Mok
Charles Mok, Legislator representing the IT Functional Constituency, says that businesses in Hong Kong have expressed concern over the proposed changes to the extradition law, and they may relocate to other Asian countries where they feel more comfortable and safe, if the amendment to the law is passed.