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Peter Lewis: A fast moving and topical business and finance show.

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    主持人:Peter Lewis

    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 moneytalk@rthk.hk, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkRadio3") .

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    LATEST
    22/10/2020

    Business and Market Discussion / View from Taiwan

    Cathay Pacific has announced that 8,500 jobs will be cut, about a quarter of its total global staff, and its regional subsidiary Cathay Dragon has ceased operations. Financial Secretary Paul Chan said, “as Hong Kong’s most important local airline, if this life-or-death issue is not properly addressed, the situation would harm Hong Kong’s international aviation hub status and development in the region, and adversely impact other local economic activities to the detriment of the overall interests of Hong Kong.”


    The International Monetary Fund has warned that the economic recovery in Asia will be “a long slog,” despite the faster than expected rebound in China. The IMF lowered its regional growth forecast to −2.2% in 2020, 0.6 percentage points lower than the forecast in June.

    The Trump Administration says it hopes to agree to a new economic stimulus package with Democrats in Congress within the next 48 hours. The White House has agreed to measures worth up to US $1.88 trillion, but that’s still below the US$2.2 trillion House Speaker Nancy Pelosi has been pushing for. But Republican leaders in the Senate have warned against a deal before the election.

    On today’s Money Talk, we’re joined by personal wealth advisor, Enzio von Pfeil and Alex Frew McMillan, writer at Dragonfly Media. With a view from Taiwan is Ross Feingold at SafePro Group.

    22/10/2020 - 足本 Full (HKT 08:03 - 08:35)

    22/10/2020 - 8:09am Business and Market Discussion

    Personal Wealth Advisor Enzio von Pfeil says that Cathay Pacific's restructuring and job cuts are setting a precedent and other large local companies could follow suit, something he warns might amplify social unrest.

    Alex Frew McMillan, Writer at Dragonfly Media highlights that Cathay Pacific is in a trickier position than mainland airlines as it has no domestic routes to rely on.

    22/10/2020 - 8:25am View from Taiwan

    Ross Feingold, Business Development Director at SafePro Group commenting on the US election notes that swing states remain within the margin of error.

    重溫

    CATCHUP
    10
    2020
    香港電台第三台

    16/10/2020

    Francis Lun, (Left) CEO of GEO Securities & Betty Wang, (Right) Senior China Economist at ANZ

    09/10/2020

    David Costello, Consul General of Ireland to Hong Kong & Macau
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    Business and Market Discussions

    主持人:Peter Lewis

    The World Trade Organization has slashed its forecast for global trade growth by more than half this year, warning that the slowdown could hit living standards and jobs. The WTO said it expected trade volumes to grow by 1.2% in 2019, down from its previous prediction of 2.6% made in April. The organisation also cut its forecast for global economic growth this year from 2.6% to 2.3%.


    Manufacturing activity in the US has hit a 10-year low. Exports, new orders and employment all contracted amid the worsening US-China trade war.


    Japan has raised it sales tax for the first time in five years. The rate was hiked from 8% to 10% yesterday despite fears over the weak economy.


    On today’s Money Talk we’re joined by Stewart Aldcroft from CitiTrust, Peter Churchouse of Portwood Capital and RTHK’s International Economics Correspondent, Barry Wood.

    香港電台第三台

    02/10/2019 - 足本 Full (HKT 08:03 - 08:35)

    02/10/2019 - 8:08 Business and Market Discussions

    Stewart Aldcroft, Chairman of CitiTrust, says he is positive about the UK leaving the EU with a deal and he expects that Brexit will happen by the end of October.

    Peter Churchouse, Founder of Portwood Capital, comments that politicians have been making the global economy worse and relying on central banks to come to the rescue by lowering interest rates.

    RTHK’s International Economics Correspondent Barry Wood sees further reductions in global GDP projections coming up because of slowing trade brought about by the US-China dispute.

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