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") .
On today's MoneyTalk, we are joined by our regular Tuesday commentator Connie Bolland, Founder and Chief Economist at Economic Research Analysis. For the second segment, we will be looking into recent trends of business relocations. Sharing their expertise are Alisha Ma, Founder and Managing Director of Halcyon Counsel & Rob Chipman, CEO of Asian Tigers Group.
31/03/2020 - 8:03am Business and Market Discussion
31/03/2020 - 8:17am Relocation trends
Alisha Ma, Founder and Managing Director of Halcyon Counsel, is currently dealing with a surge of Hong Kong professionals (from 25-60 years old) relocating overseas, mainly to Canada, Australia, Great-Britain and New Zealand.
Rob Chipman, CEO of Asian Tigers Group points that his firm recorded an increase of 64 % in outbound shipments for the first quarter of 2020, oustripping any outflow including the Asian Financial Crisis, SARS, or the 2008 downturn. What's more, inbound is down 48%, boding ill for the future.
Shares in the IPO for Saudi Aramco have been priced at 32 riyals (US$8.53) each, the top end of the share price range offered to investors. It’s the world's biggest IPO, raising US$25.6bn and valuing the state-owned oil producer at US$1.7tn.
The Reserve Bank of India has surprised markets by leaving interest rates on hold at 5.15%. Investors had expected the central bank to lower its key interest rate after India's economic growth fell to 4.5% in September, the slowest pace in more than six years.
Japan's government has announced a 26 trillion yen (US$239 billion) stimulus package to try and boost the economy. The package is equivalent to 4.5% of GDP.
Australian exports fell 5% in October because of lower commodity prices and the country’s trade surplus shrank by a third. Retail sales were flat defying economists' expectations for a 0.3% gain.
Our guests on today’s Money Talk are Francis Lun of GEO Securities and Andrew Sullivan at Pearl Bridge Partners. On the phone from Sydney is Toby Lawson from Societe Generale Australia.
06/12/2019 - 8.07am Business and Market Discussions
Francis Lun, CEO of GEO Securities said that China cannot afford another round of tariffs imposed on its exports as it will further damage China’s economy, so he anticipates trade talks with the US to continue.
Andrew Sullivan, Director of Pearl Bridge Partners (PBP) comments that the latest relief measures announced by Hong Kong’s Financial Secretary won’t help the economy as they don’t deal with the underlying causes of the protests.
06/12/2019 - 8.25am View from Australia