Money Talk

Money Talk

Type:AudioLanguage:EnglishCategories:NewsStatus:On going Description: 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 from 8 a.m. to 8.30 a.m. every weekday morning 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, text us on 63 93 59 25, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .

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Business and Market Headlines / View from Beijing 00:29:00 2017-05-22
US stocks have continued their recovery on Friday from the latest revelations over the firing of FBI director James Comey and the Trump administration’s connections with Russia. However, the US dollar is still down 2% over the week. Adding to the tension is renewed political uncertainty in South America's largest economy where Brazilian President Temer is under investigation for corruption and obstruction of justice.Further geopolitical events over the past weekend could add to market uncertainty. North Korea has launched another ballistic missile, in spite of demands from the UN Security council to cease all tests.Moderate Iranian cleric Hassan Rouhani has been re-elected as Iran’s President. He favours the country’s re-engagement with the world. However, President Donald Trump and Saudi Arabia’s King Salman have slammed Iran as being responsible for much of the instability in the world and have called for its isolation. That could put the US on a collision course with Europe which has welcomed Iran’s moderation.
Joining today's Money Talk to analyse the latest global developments are Mark Michelson of IMA Asia and Alan Luk from Hang Seng Private Banking. Discussing the latest business news from the mainland is Yu Shui of ToWin Investment in Beijing. (8am-8.30am, email to moneytalk@rthk.hk, text to 63 93 59 25 )