Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore equities began trading in negative territory today, after Wall Street stocks tumbled last Friday following the release of poor jobs data in the US.  In early trade, the Straits Times Index (STI) edged down 2.5 per cent to 3,295.88 points after about 56 million securities changed hands in the broader market. In terms of companies to watch, we have NetLink NBN Trust, after the fibre-optic owner posted a 9.1 per cent year-on-year decline in its profit after tax to S$25.7 million for the first quarter ended June.  Elsewhere, from more on the US nonfarm payrolls numbers and bond traders piling on bets that the Federal Reserve would launch into rescue mode – more international headlines are in focus. Also on deck – more on Singapore’s retail sales numbers, as well as a lookahead to earnings from big names such as Novo Nordisk, DBS and SGX. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

On That's How, Hongbin Jeong and Roshan Gidwani dive headfirst into the world of SaaS (Software as a Service) and revealing the ultimate playbook for building a successful SaaS company from the ground up. Whether you’re a budding entrepreneur with a revolutionary idea or a seasoned pro looking to level up, discover insider tips on avoiding the common pitfalls, navigating the murky waters of funding, and how to leverage data to drive growth. Source: www.saasacademy.com/blog/how-to-start-a-saas-company

Olympic sharpshooting has caught the internet’s attention this week, from Yusuf Dikec, the Turkish shooter-turned-normcore-king who showed up to the games in a plain tee and his regular glasses to South Korea’s Kim Yeji, the record-breaking ‘main character’ who recently took home a silver medal in the 10-metre air pistol event. Elsewhere, Germany's doctors can now prescribe four-week spa breaks by the sea or in the mountain to frazzled parents. Germany has a long history of what is called “Kur,” literally translated as cure, which often consists of lengthy breaks aimed at curing various ailments.

Was Elon Musk right for not paying former CNN presenter Don Lemon for his work? Don Lemon had a new show with X, formerly known as Twitter and he interviewed Musk. The show was cancelled and Don wants his dues… Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea! Get in touch with our anchors at  rgidwani@sph.com.sg, chuatt@sph.com.sg and hongbin@sph.com.sg.   

10 matches into the Singapore Premier League season, the contenders are emerging from the pretenders in the quest to be crowned champions. And leading the chasing pack is a Tampines Rovers team that remain unbeaten, and are seemingly growing from strength to strength. So could the stags finally end an 11-year wait for the league title? Syazwan Buhari, goalkeeper and club captain, is certainly bullish - as he spoke to Sports Minutes about the club's ambitions as well as his own!  Got a story to tell? Get in touch with us! raushan@sph.com.sg

Singapore stocks started trading in negative territory today, tracking losses in the global market overnight. The Straits Times Index (STI) opened 1 per cent lower at 3,387.11 points after 59.8 million securities changed hands in the broader market. In terms of companies to watch today, we have OCBC after the bank’s net profit for the second quarter ended June rose 14 per cent to S$1.94 billion, up from S$1.71 billion in the previous corresponding period.  Meanwhile, from disappointing data on the US economy to Apple’s latest earnings, and news of Intel cutting over 15 percent of its workforce, more corporate and international headlines remain in focus.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

Ever wonder why some recharging methods seem to work like magic for some people but leave others feeling flat? On this episode of That's How, Hongbin Jeong and Roshan Gidwani dive deep into the art and science of recharging based on YOUR unique personality! Join the hosts as they explore how different personality types can supercharge their energy levels in ways that are perfectly suited to them. Whether you're an outgoing extrovert who thrives on social interaction or a reflective introvert who needs quiet time to recharge, they've got you covered! Source: https://www.truity.com/blog/how-take-perfect-work-break-your-personality-type

Using artificial intelligence to overcome language barriers through human-like machine translation. That is what we are going to talk about today.  Founded in 2017, our guest DeepL is a global communications startup powered by Language AI.  Language AI, for context, is a field of artificial intelligence that looks at getting computers to understand and communicate in the human language. Now, back to DeepL, the German company works on human sounding translations and intelligent writing suggestions for enterprises across 32 global languages, and is said to be able to translate with pinpoint accuracy, accounting for industry-specific terminology and situational context.  Since its founding, DeepL has enabled over 100,000 businesses to transform communications, reach new markets and improve productivity.  The company is seen as a competitor to Alphabet’s Google Translate. It is also backed by a number of notable names including a fund from Mark Zuckerberg’s family office and Index Ventures.  Its valuation? A whopping US$2 billion as of May this year.  Aside from the big numbers, DeepL is also seeing a number of exciting developments of late. The company had in late July launched traditional Chinese as a language option as it looks to double down on its presence in Asia.  But why did DeepL choose to offer this rather niche language used mostly in Hong Kong and Taiwan, and how far will this help it compete against major Chinese technology giants  such as Baidu and Tencent which provide translation tools in simplified Chinese? Meanwhile, the firm had also in the same month launched a language model that is said to outperform GPT-4, Google and Microsoft for translation quality. But how will this set the stage for DeepL as it pursues future growth? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Jarek Kutylowski, CEO and Founder, DeepL.

Camille is Sentosa’s premier French-Japanese restaurant, located in the charming 1-Flowerhill establishment. Named after Claude Monet’s lover and muse, Camille offers a unique and romantic dining experience that beautifully blends French elegance with Japanese simplicity. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Lamley Chua, Executive Chef - Head of Asian Cuisine Development, 1-Group, to share more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada (alexparada@sph.com.sg) and Aaron Lam Want to get featured on our show? Drop me an email today!

Lim Tian Wee left the corporate world to join his family tea business as the fourth-generation owner of a major tea trading company, Lim Lam Thye. ⁠ ⁠ With nothing but a small loan of $2,000, Tian Wee founded Gryphon Tea, to shine the spotlight on high-quality premium blended teas. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speak with Lim Tian Wee, Founder Gryphon Tea to find out how he grew a local brand into an international business raking in multi-million dollar revenues. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh and Aaron Lam Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg