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Business and Market Discussions

2019-04-24

Business and Market Discussions

2019-04-24
US stocks have surged to new record highs overnight on Wall Street following better than expected earnings from a raft of companies including Twitter. But Chinese stocks saw their first two-day losing streak in over a month after mainland authorities signalled less economic stimulus going forward and more emphasis on structural reforms.

The price of oil hit a 2019 high after the Trump Administration announced a further clampdown on Iran’s oil exports. The Trump Administration said Monday that from May 1, it would eliminate all waivers allowing eight economies, including China, India, Japan and South Korea, to buy Iranian oil without facing US sanctions. China has formally complained to the US over its decision to end the waivers.


On today’s Money Talk, we’re joined by Tariq Dennison of GFM Asset Management, Hannah Anderson from JP Morgan Asset Management and on the phone from Washington D.C., RTHK’s International Economics Correspondent, Barry Wood.

Money Talk

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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