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 email@example.com, 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
The European Union's anti-trust commission has launched an investigation into Amazon regarding suspicions that the online retailer misuses "sensitive data" from independent retailers who sell on the company's site. Anti-trust commissioner Margrethe Vestager said Amazon has a dual role as a retailer selling products on its site and a marketplace where independent traders can sell directly to consumers. When providing a marketplace, she says Amazon appears to collect and use competitively sensitive data about sellers, their products and transactions.
Project Dragonfly, Google's controversial plan to launch a censored search engine in China has been "terminated", Karan Bhatia told the US Senate Judiciary Committee. Work on the project was reported to have ceased late last year but rumours that it remained active persisted.
The Federal Reserve’s Beige Book showed economic activity in the US “continued to expand at a modest pace” and the outlook is for “continued modest growth, despite widespread concerns about the negative impact of trade-related uncertainty”.
On today’s Money Talk we’re joined by Enzio von Pfeil from St. James’s Place and Sunil Kashyap of the Bank of Nova Scotia. Providing the view from Singapore is Justin Kendrick of Ingenia Consultants.In the second half of the programme we talk about the Hong Kong Stock Exchange’s ESG Reporting Guide consultation, which closes tomorrow, with Pat Dwyer and Fiona Donnelly from The Purpose Business. We also look at frontier markets with Ruchir Desai, Fund Manager at Asia Frontier Investments.
18/07/2019 - 8:00-8:20 Market Discussion
Sunil Kashyap, Managing Director of the Bank of Nova Scotia says that the amount of Chinese capital flowing overseas has been reduced and China is diversifying its foreign holdings.
Enzio von Pfeil, Private Wealth Advisor from St. James’s Place believes that US consumers are paying the cost of increased tariffs on Chinese goods.
18/07/2019 - 8:20-8:30 View from Singapore
18/07/2019 - 8:30-8:45 ESG Reporting Guide consultation
Pat Dwyer, Founder and Director of The Purpose Business says that the current consultation paper on ESG reporting guidelines puts the responsibility on company boards to meet the requirements.
Fiona Donnelly, Co-Founder and Business Development Lead from The Purpose Business says that it will be mandatory for listed company to disclose KPIs on ESG.