Money Matters with Hongbin Jeong and Chua Tian Tian

Is Joseph Muscat, the ex Prime Minister of Malta really a Money Launderer Mastermind? Or are the civil officers probing the inquiry merely prejudiced? Follow this story and stay tuned for more Spill The Tea, when Muscat appears in court on the 28th of May, 2024 for criminal charges.

Singapore stocks opened on a lacklustre note today despite modest gains on Wall Street. In early trade, the Straits Times Index (STI) headed down 0.1 per cent to 3,287.65 points after 53.9 million securities changed hands in the broader market. In terms of companies to watch, we have Genting Singapore, after the integrated resort operator last Friday reported net profit of S$247.4 million for the first quarter ended March, up 91.5 per cent year on year.  Meanwhile, from ST Engineering’s first quarter revenue numbers to how the US S&P 500 broke its downwards trendline, more corporate and international headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Chin Hui Leong, Co-founder, The Smart Investor.

With 16 goals in 4 matches across the opening weekend, the Singapore Premier League got off to a lively start. Earmarked as the team to beat, the Sailors notched the weekend's biggest victory with a 4-1 win over Hougang United. And if rumours are to be believed, they could be adding some European firepower to their ranks. We spill the tea on this review, in the good company of Straits' Times sports reporter Deepanraj Ganesan. Got a story to tell? Get in touch with us! raushan@sph.com.sg

How do you order your coffee? Whether you fancy an Ice Americano, Hot Americano, or an Ice Vanilla Latte - South Koreans order it a different way - using these new slang words. Find out what they are. 

It’s World Cocktail Day today! May 13 marks the first time the word “cocktail” was published, and the beginning of the drink’s rise in popularity around the world. So what better way to celebrate than 37 floors up, overlooking the Phnom Penh skyline? Soaring above the city's skyline, Sora (which means “sky” in Japanese) stands as an impressive beacon of cocktail excellence. Sora Bar, at Rosewood Hotel Phnom Penh, has recently secured a listing in the World’s 50 Best Bars Discovery list as a ‘must-visit’ destination. Lam Kat Tsun, Bar Manager, Sora Bar tells us more.  Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh  Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg

On What's Trending, Netflix is preparing an unscripted reality competition series based on Willy Wonka. Also, The Ministry of Health (MOH) is seeking feedback from doctors on tightening the rules on issuing medical certificates following outpatient medical service consultations, particularly tele consultations.

Pasco is offering refunds because some rat remains were found in their bread packs. The factory in Tokyo has since stopped the assembly line and published a form on its website for affected customers to apply for refunds online.

A Malaysian footballer was the target of a vicious 'acid attack', while two other players were attacked within a week by unknown assailants, in a worrying outbreak of violence targeting athletes across the border. These incidents have left the football fraternity in Malaysia reeling, with fear and confusion gripping fans and footballers alike. What are the motives behind these attacks, and what needs to be done to safeguard athletes? T Avineshwaran, Sports Reporter with The Star in Malaysia, is on the ground in Kuala Lumpur with the latest. Got a story to tell? Get in touch with us! raushan@sph.com.sg

Singapore shares climbed this morning, mirroring overnight gains in the US and in Europe. In early trade, the Straits Times Index (STI) inched up 0.4 per cent to 3,279.54 points after 31.1 million securities changed hands in the broader market.  In terms of companies to watch today, we have OCBC, after the lender reported today that its net profit for the first quarter ended Mar 31, 2024, rose 5 per cent on the year to S$1.98 billion.  Meanwhile, from OCBC's offer to take its insurance arm Great Eastern private, to Singapore Post’s net profit for the second half ending March rising 93.4 per cent on the year, more corporate headlines remain in focus.  Also on deck, what Europe’s rush for rate cuts means to the US.  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.

Illit is a new rising group in South Korea. But who exactly are they? And will they be the next hot group to overtake Blackpink and New Jeans?