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") .
Hong Kong Chief Executive Carrie Lam has delivered her third policy address through a recorded video after pan-democracy lawmakers twice forced the adjournment of the meeting and prevented her from delivering her speech in the chamber. Her focus was on four areas: housing, land supply, improving people’s livelihood and economic development.
On today’s Money Talk we analyse the 2019 policy address with Enzio von Pfeil of St. James’s Place and David Roche from Independent Strategy. In the second half of the programme we get the thoughts of Charles Mok, legislator representing the IT Functional Constituency.
17/10/2019 - 8:05 Business and Market Discussions
Enzio von Pfeil, Private Wealth Adviser at St. James’s Place, says that this year's Policy Address lacks an overall vision about the direction Hong Kong is heading.
David Roche, President and Global Strategist from Independent Strategy, comments that Chief Executive Carrie Lam's new measures for housing and land supply are correct in theory, but there is no focus on the delivery and timetable.
17/10/2019 - 8:18 Review of Policy Address
Charles Mok, Legislator representing the IT Functional Constituency, comments that the 2019 Policy Address is the worst since the handover, with nothing new in innovation and technology. Mr. Mok adds that many international companies in Hong Kong have expressed concern over the suggestion to shut down the internet and they have put investments on hold.
Consumer price inflation in the US increased by the most in a year and a half last month. Core consumer prices rose 0.3% in June and by 2.1% on an annual basis.
Minutes from the ECB’s last Governing Council meeting in June showed members in “broad agreement” that the bank should be “ready and prepared” to launch new stimulus measures, because of “heightened uncertainty” over the EU economy. Money markets are pricing in an 80% chance of a cut in the ECB’s deposit rate this month or in September.
France has approved a new digital services tax which will make a levy of 3% of the sales made in the country by large technology companies such as Google and Facebook. The Trump administration has ordered an inquiry into the move, which could result in retaliatory tariffs on French goods.
On today’s Money Talk we’re joined by Francis Lun of GEO Securities and Kenny Wen at Everbright Sun Hung Kai. Providing the view from down under is Toby Lawson from Societe Generale Australia.
12/07/2019 - 8.08am Business and Market Discussions
Francis Lun, CEO of GEO Securities thinks that the protests in Hong Kong will have a big impact on the city’s economy.
Kenny Wen, Wealth Management Strategist at Everbright Sun Hung Kai expects a quarter point rate cut from the Fed in July but the US central bank needs to dampen market expectations for further cuts.
12/07/2019 - 8.23 am View from Australia