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") .
03/07/2020 - 8:09am Business and Market Discussion
Francis Lun, CEO of GEO Securities says that tech investments have entered the mainstream market and outperformed traditional ones, rendering some unattractive.
James McCormack, Global Head of Sovereign and Supranational Ratings at Fitch holds the view that while US markets have reacted positively to the latest employment figures, full recovery is a long way ahead.
New European Commission President, Ursula von der Leyen, has unveiled her new executive team. Irishman Phil Hogan has been named as the EU's new trade commissioner and will be the bloc’s chief trade negotiator. Margrethe Vestager, the EU’s competition commissioner, has been given an expanded role in charge of regulating US tech companies and she has been told to be robust with dealing with rivals including China and the US.
Carlos Tavares, the head of the PSA Group, the car company that owns Vauxhall has called a no-deal Brexit a “head-on train crash” and says the company will halt investment in the UK while the outcome remains uncertain.
Food price inflation surged on the mainland in August, but producer prices have fallen at the fastest pace in three years. Food prices rose 10% y/y, boosted by the price of pork which jumped almost 47%.
Internet giant Alibaba has started a new era after chairman Jack Ma stepped down from the firm he founded in his apartment in 1999. Daniel Zhang, Alibaba's chief executive, replaces him as executive chairman.
Our panel of guests on today’s Money Talk consists of Stewart Aldcroft, Chairman of CitiTrust, Will Denyer, US Economist at Gavekal and in Washington D.C., RTHK’s International Economics Correspondent, Barry Wood.
11/09/2019 - Business and Market Discussions / View from US
Stewart Aldcroft, Chairman of CitiTrust, shares Fitch’s pessimism about global economic growth and says China will be worried if GDP drops below 6%.
Will Denyer, US Economist at Gavekal, says China is trying to stimulate the business sector but without also inflating the property market.
RTHK’s International Economics Correspondent, Barry Wood, thinks uncertainly over tariffs is the main reason for the slowdown in the global economy.