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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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    09/08/2022

    Business and Market Discussion / View from Japan

    Hong Kong Chief Executive John Lee has announced that from Friday, people arriving in the city will have to spend three days in hotel quarantine, instead of the current seven. After their quarantine at a designated hotel, arrivals will undergo “medical surveillance” for four more days and while they can go out, go to work, or visit malls, they won't be able to enter high risk places that check vaccine passes, such as bars and restaurants. Such people will be given a "yellow code" on their LeaveHomeSafe app to restrict their movements. People already in quarantine will be able to leave early after three days from today, providing they test negative.

    Mainland China reported a total of 807 new Covid cases on Monday, with more than half centred on Hainan Island. A Covid-19 testing mandate was extended Sunday to the entire province of Hainan. The resort island has placed more cities, including the provincial capital, Haikou, into lockdown. 25,000 tourists were stuck in hotels in Sanya. The outbreak has spread to 10 cities and counties in Hainan and coincides with Hainan’s peak travel season.
    Singapore Prime minister Lee Hsien Loong warned yesterday that Asia faces decades of “turbulence” because of geopolitical challenges including worsening US-China relations and the war in the Ukraine. He said the next decades for the region would not be as stable and peaceful as those in recent years. Speaking ahead of tomorrow’s National Day celebrations, he said, “US-China relations are worsening, with intractable issues, deep suspicions, and limited engagement between them. Furthermore, miscalculations or mishaps can easily make things much worse.”  He added that economic issues were also a challenge and with the world unlikely to return to low interest rates and inflation levels. 
    On today’s Money Talk, we’re joined by James Wong at Lead Securities and Nitin Dialdas of Mandarin Capital. With a view from Japan is Tokyo-based journalist and author, William Pesek.

    09/08/2022 - 足本 Full (HKT 08:03 - 08:35)

    09/08/2022 - 8:09am Business and Market Discussion

    James Wong, Chief investment Officer (Overseas) and Managing Director at Lead Securities thinks that cutting the quarantine period for incoming arrivals to Hong Kong is a good start, but thinks it is not enough to bring tourists back to the SAR.

    Nitin Dialdas, Chief Investment Officer at Mandarin Capital suggests that commodities prices will slowly come down as inflation has reached its peak, but wages will continue to soar.

    09/08/2022 - 8:24am View from Japan


    Tokyo-based journalist and author, William Pesek believes that the current dispute between China and the US over Taiwan will largely be forgotten in a month’s time.

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    CATCHUP
    07 - 08
    2022
    香港電台第三台
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    Business and Market Discussion / View from Taiwan

    主持人:Peter Lewis

    Hong Kong is preparing for the expected visit of President Xi Jinping tomorrow in his first trip outside the mainland since the pandemic began. It will also be his first appearance in Hong Kong since the 2019 protests. He is expected to arrive in Hong Kong today for the 25th handover anniversary on Friday for a two-day visit, although it is believed he will not stay in Hong Kong overnight, having elected to spend the night in Shenzhen instead. 

    President Xi Jinping said yesterday that China will press on with “zero-Covid” despite the economic risks and warned that  China could not afford to pursue herd immunity. He said on a trip to Wuhan that the country must protect lives at the temporary cost of lower growth. 
    At the European Central Bank’s annual conference yesterday in Portugal, the heads of the Fed, ECB and Bank of England called for rapid action to curb inflation. Jerome Powell, Christine Lagarde and Andrew Bailey warned that the era of low interest rates and moderate inflation has come to an end following the “massive geopolitical shock” of Russia’s invasion of Ukraine and the ongoing fallout from the coronavirus pandemic. 
    Revised first quarter US GDP data showed a weaker than expected US economy. GDP was revised down by 10% to a 1.6% decline, which is the first contraction of the economy since mid-2020. The third estimate of GDP released by the commerce department reported personal consumption only increased 1.8% in the first quarter, compared to previous reports of a 3.1% rise. 
    On today’s Money Talk, we’re joined by Personal Wealth Adviser, Enzio Von Pfeil, and Carlos Casanova at UBP. With a view from Taiwan is Ross Feingold of SafePro Group. 

    香港電台第三台

    30/06/2022 - 足本 Full (HKT 08:03 - 08:35)

    30/06/2022 - 8:08am Business and Market Discussion

    Personal Wealth Adviser, Enzio Von Pfeil thinks that the SAR government could put more emphasis on vocational training and improving the overall English speaking standards for youths, so they can develop more in the I&T sectors.

    Carlos Casanova, Senior Asia Economist at UBP believes that the SAR government can diversify its economy and break the dominance of large business groupings to increase the competitiveness between companies.

    30/06/2022 - 8:25am View from Taiwan

    Ross Feingold, Business Development Director for SafePro Group in Taiwan is seeing signs that the world is separating into economic blocs between the east and west, particularly in technology.

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