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, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .

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Business and Market Discussions 00:29:00 2018-02-21
A 6 day winning streak on Wall Street has come to an end as investors eye a record weekly auction of government treasury bills and notes. Overnight, $151bn of bills were successfully auctioned helping the dollar to recover ground. However, further big sales of longer dated government debt are due later this week.

HSBC has reported weaker than expected 2017 profits after being hit by the high profile collapse of construction company Carillion in the UK and South African retailer Steinhoff. HSBC also disclosed that a tax probe into its Swiss private bank could cost the company more than $1.5 billion in fines and restitution.

The Shanghai and Shenzhen stock exchanges have bought a 25% stake in the Dhaka Stock Exchange after receiving approval from the Bangladesh authorities. The joint bid was worth US$122 million in the two bourses’ first overseas acquisition. There are close ties between China and Bangladesh which is on the route of the Belt and Road Initiative.

On today’s Money Talk we’re joined by a distinguished panel of experts consisting of Stewart Aldcroft of CitiTrust, Andrew Peaple from The Wall Street Journal and on the phone from Washington D.C., RTHK’s International Economics Correspondent, Barry Wood.