Money Matters with Hongbin Jeong and Chua Tian Tian

The US House of Representatives passed a Bill on March 13 that would give TikTok’s Chinese owner ByteDance about six months to divest the US assets of the short-video app used by about 170 million Americans or face a ban. What will happen to TikTok if the US bans the app? Who will be the potential buyers  lining up to take over the social media company? Could the ban fuel Meta's advertising dominance, and how will Google and YouTube also stand to benefit? Pushan Dutt, Professor of Economics, INSEADweighs in.

England take on Brazil and Belgium at Wembley this month in the last fixtures before manager Gareth Southgate names his squad for Euro 2024. With some eye-catching inclusions and omissions, we assess the Three Lion's chances ahead of the showpiece event happening in June. Is this Southgate's final chance..especially with one Jose Mourinho lurking? Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Bacardi Limited has recently released its fifth annual Bacardi Cocktail Trends Report, anticipating the key trends that will redefine cocktail culture and the spirits business in 2024.   And for the first time, Singapore was one of the key countries surveyed to create the report, alongside global cocktail giants such as the US, UK and Tokyo.  Does this mean Singapore has made it in the world’s cocktail scene? How high is Singapore's barometer when it comes to cocktail trends? Jacob Briars, Global Advocacy Director, Bacardi, shares with us more findings from this study and where Singapore stands in the world's cocktail scene. 

Singapore stocks fell this morning, after global equities took a hit overnight.  In early trade, the Straits Times Index (STI) fell 0.9 per cent to 3,156.74 points after 97 million securities changed hands in the broader market.  In terms of companies to watch today, we have restaurant operator No Signboard. Thecounter resumes trading today, more than two years after it voluntarily suspended its trading.  Elsewhere from more on Frasers Logistics and Commercial Trust to TSMC shares surging over 110 percent from an October 2022 low, more corporate 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.

Advances in critical infrastructure technology are improving efficiency and effectiveness, but at the same time, they are opening the door to threat actors and cyberattacks that can have a catastrophic impact on utilities. According to CyberArk’s 2023 Identity Security Threat Landscape, 61% of APAC organisations surveyed say they would not be able to protect against an attack stemming from a successful compromise of a software supply chain provider.  Can you imagine the repercussions if we lost access to power, water or telecommunications? So how do we shore up digital security to protect against critical infrastructure in Singapore? Koh Ssu Han, Solutions Engineering Director, ASEAN, CyberArk weighs in.

No Signboard Holdings has resumed the trading of its shares on March 15 after obtaining concurrence from Singapore Exchange Regulation (SGX RegCo) on March 14.  But shares of No Signboard Holdings slid after opening at 2.7 cents, the stock was down 1.6 cents, or 51.6 percent.  Will such sentiments continue for No Signboard shares? Willie Keng, Founder, Dividend Titan shares his views. 

With a handsome bounty of US$2,500,000, the Porsche Singapore Classic will take centre stage at the Laguna National Golf Resort Club from 21-24 March - featuring the likes of Rasmus Højgaard, Tom McKibbin and Yannik Paul. Returning with a bang after a prolonged hiatus, what will the event offer? We caught up with Patrick Bowers, Executive Championship Director of the Porsche Singapore Classic, to find out more. Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Celebrate all things Peranakan at Armenian Street Party: Peranakan Pasar, which has returned since 8 March on an extended four-week run till 31 March.  This year, the festival's 8th edition will feature a unique tok panjang experience, kueh-inspired bouncy castle, and the iconic Peranakan afterparty on Armenian Street.  Heryanti Jamal, Manager, Audience, ACM and Peranakan Museum tells us more about what to expect at this year's edition of Armenian Street Party.

Singapore equities climbed this morning, despite the global market closing mixed overnight. In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,169.68 points after 44.3 million securities changed hands in the broader market. In terms of companies to watch, we have Singtel after it clarified on reports which said that it was intending to sell Optus. Other companies to watch include Singapore Airlines after the Competition and Consumer Commission of Singapore said SIA and Garuda Indonesia have jointly submitted an application on a proposed cooperation.  Also on deck – the US House of Representatives overwhelmingly approved a bill that would force ByteDance to divest TikTok or see the platform be banned in the US. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

Cancer is still very much a threat to the community at large and there are many misconceptions and fear within the public around it. With the advancement of technology, there is hope and at Siemens Healthineers, they aim to address the entire cancer care continuum, from screening and prevention through diagnosis, therapy, and survivorship.  Siow Ai Li, Managing Director, Siemens Healthineers Singapore shares with us more.