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") .
Shares in Hong Kong have fallen sharply after US lawmakers passed the Human Rights and Democracy Act in a move investors fear could jeopardise the ongoing US-China trade talks. However, Chinese vice-premier Liu He said he was cautiously optimistic about reaching an agreement with the US, even though he was “confused” about the US demands.
The Organisation for Economic Cooperation and Development has issued a new warning about a global economic slowdown because of a lack of action on climate change. It forecast global growth of 2.9% but says the lack of direction on climate policy is holding back business investment.
Office rental company WeWork, which lost nearly US$1bn in the first half of the year, is cutting about 2,400 jobs globally in an effort to stem its growing losses. In Hong Kong, 22% of the group’s 8,900 desks are unfilled.
On today’s Money Talk our guests are Francis Lun of GEO Securities and Ronald Wan of Partners Financial Holdings. With the view from Australia is Toby Lawson at Societe Generale Australia.
22/11/2019 - 8.08am Business and Market Discussions
Francis Lun, CEO of GEO Securities, says MSCI should review the criteria for including stocks in their benchmark indices following the 98% collapse of marble maker Artgo, which until yesterday had been the world’s best performing stock.
Ronald Wan, Non-Executive Chairman of Partners Financial Holdings, believes that the passage of the Hong Kong Human Rights and Democracy Act by the US Congress is more symbolic and will have no immediate impact on Hong Kong.
22/11/2019 - 8.23 am View from Australia
Hong Kong Chief Executive Carrie Lam said Tuesday the controversial bill that would have allowed extradition to the Chinese mainland "is dead". She described the work to amend the extradition bill as a “total failure” and urged the public to give her and the government some space to resolve the issue.
US Commerce Secretary Wilbur Ross said yesterday his department will issue licenses to US companies seeking to sell to Huawei where there is no threat to national security. In the meantime, China would be expected to move forward with agriculture purchases from US even as trade talks continue.
Boeing has reported a sharp drop in plane deliveries in the first half of 2019 because of the grounding of the 737 Max plane. The aircraft manufacturer looks set to lose the title of the world's biggest plane maker after eight years, to Airbus.
On today’s Money Talk, are Stewart Aldcroft from CitiTrust, Will Denyer of Gavekal, and RTHK’s International Economics Correspondent in Washington D.C., Barry Wood. We also speak with Paddy Cosgrave, CEO and Co-founder of RISE.
On Wednesday’s Money Talk, reviewing the latest business and finance headlines, are Stewart Aldcroft, Chairman of CitiTrust, Will Denyer, US Economist at Gavekal, and RTHK’s International Economics Correspondent in Washington D.C., Barry Wood. We also speak with Paddy Cosgrave, CEO and Co-founder of RISE.
10/07/2019 - 8.08am Business and Market Discussions
Stewart Aldcroft, Chairman of CitiTrust, said it will be impossible for Hong Kong Chief Executive Carrie Lam to bring back the controversial extradition bill.
Will Denyer, US Economist at Gavekal does not foresee the US economy falling into recession over the next year.
Barry Wood, RTHK’s International Economics Correspondent in Washington D.C., was of the view that the trade talks are tentatively moving forward.
10/07/2019 - 8.25am Paddy Cosgrave: RISE