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") .
The global death toll from Covid-19 has surpassed 1 million according to the latest data from Johns Hopkins University. Fatalities in the USA, India and Brazil account for more than half of that total.
30/09/2020 - 8:08am Business and Market Discussion / US Presidential Elections
David Roche, CEO and Global Strategist at Independent Strategy says that a Biden victory would mean more cooperation between the US and Europe to counter China.
Mark Michelson, Chairman of the Asia CEO Forum at IMA Asia highlights that the early voting surge in the US means that many Americans have already chosen their candidate, making this year's presidential debates less decisive.
RTHK's International Economics Correspondent Barry Wood expects further relief measures to be unveiled before the mid-October recess.
China’s Commerce Ministry said yesterday that US and Chinese trade negotiators have agreed to lift existing tariffs on each other’s goods in phases, with the amount of tariff relief in the first phase depending on the content of the agreement. US stocks, treasury bond yields and the Chinese yuan have surged following the announcement.
The FT is reporting that Alibaba has cut its fundraising target for its delayed secondary listing in Hong Kong. The paper says that the e-commerce giant is now seeking to raise between US$10bn and US$15bn before the end of the year, compared to its previous target in June of US$20bn.
Economic growth in Shenzhen slowed sharply in the third quarter. The hi-tech hub saw growth slow to 6.6% in the first nine months of 2019, down from 7.4% in the first half of the year. That's the slowest rate of growth since Shenzhen became a special economic zone 40 years ago.
On today’s Money Talk, we’re joined by Francis Lun of GEO Securities and Mark Michelson at IMA Asia. Also with us is Calvin Choi, Chairman and Chief Executive Officer of AMTD.
08/11/2019 - 8:07 Business and Market Discussions
Commenting on the US-China trade negotiations, Francis Lun, CEO of GEO Securities, says that it is stupid for the world's two biggest economies to carry on a trade war for two years, and that President Trump finally realises that it is the Americans who are paying the tariffs and not the Chinese.
Mark Michelson, Chairman of the Asia CEO Forum at IMA Asia, comments that the drop in Shenzhen's economic growth comes at an unfortunate time when the Greater Bay Area is being promoted and amid the regional and global economic slowdown.
08/11/2019 - 8:22 Hong Kong FinTech Week