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 firstname.lastname@example.org, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .
President Trump has lauded the Phase 1 US-China trade deal as “one of the greatest trade deals ever made.” He tweeted that the deal was “also good for China and our long-term relationship. US$250 billion will be coming back to our country, and we are now in a great position for a Phase Two start. There has never been anything like this in U.S. history.”
Vice Premier Liu He said China has little interest in immediately starting talks on a phase two deal with the US. He said, “we might get nothing if we rush to a second job before the first one is properly done. I don’t think it's a wise choice to impatiently launch new stages of talks."
Microsoft has promised to remove "all of the carbon" from the environment that it has emitted since the company was founded in 1975. Chief executive Satya Nadella said he wants to achieve the goal by 2050. And the company will become carbon negative by 2030, removing more carbon from the environment than it emits.
On today’s Money Talk we’re joined by Francis Lun of GEO Securities and Peter Churchouse of Portwood Capital. On the phone from Sydney with the view from Australia is Toby Lawson at Societe Generale Australia.
17/01/2020 - 8:09am Business and Market Discussion
Francis Lun, CEO of GEO Securities highlights that despite its technological advancement, China still lacks behind in microchip technologies, something that still makes it over-reliant on the US.
Peter Churchouse, Founder of Portwood Capital says that in spite of the unrest in Hong Kong, residential housing transactions hit a 12-year high in 2019.
17/01/2020 - 8:24am View from Australia
President Trump and Xi Jinping have agreed to hold an “extended” meeting at the G20 summit in Osaka next week. Chinese state media reported that President Xi told Mr. Trump that economic & trade disputes should be solved through dialogue and the key is to show consideration to each other’s legitimate concerns.
The White House explored the legality of demoting Federal Reserve Chairman Jerome Powell in February, according to reports in the US media. The move would have meant stripping Mr. Powell of his chairmanship, leaving him as one out of seven Fed board governors.
Hong Kong’s Chief Executive Carrie Lam made a televised apology to the people of Hong Kong yesterday for her handling of the controversial extradition bill. However, she refused to resign or confirm the withdrawal of the bill from Legco, two of the key demands of protestors.
On today’s Money Talk we’re joined by Stewart Aldcroft of CitiTrust, Mark Michelson of the Asia CEO Forum and on the phone from Washington D.C., RTHK’s International Economics Correspondent, Barry Wood.
19/06/2019 - 8:09 Business and Market Discussions
Stewart Aldcroft, Chairman of CitiTrust, is optimistic about the meeting between Presidents Trump and Xi at the G20 Summit, saying that both sides are still talking and exploring opportunities.
Mark Michelson, Chairman, Asia CEO Forum at IMA Asia, comments that Hong Kong CE Carrie Lam’s refusal to completely withdraw the extradition bill only fuels people's anger.
RTHK’s International Economics Correspondent Barry Wood expects that President Trump will not actually demote Fed Chair Jerome Powell, since the act will be against the law, and will also rattle global markets.