Money Matters with Hongbin Jeong and Chua Tian Tian

Iran launched hundreds of attack drones and missiles at Israel late on Saturday, in what officials from Iran described as retaliation for the airstrike on the country's consulate in Syria nearly two weeks ago.  Now that the Middle East is on high alert with the threat of open warfare erupting between Iran and Israel, what is the risk of the US being dragged into it? Dr John Donaldson, Associate Professor of Political Science,  School of Social Sciences, Singapore Management University weighs in.

Singapore will have a new prime minister on May 15, with Deputy Prime Minister Lawrence Wong set to take over from Prime Minister Lee Hsien Loong on that day.The date for the handover was announced in a statement from the Prime Minister’s Office on April 15, a key detail in Singapore’s long-planned leadership transition from the third-generation to the fourth-generation (4G) political team. After he is sworn in at 8pm on May 15 at the Istana, DPM Wong, who entered politics 13 years ago, will be Singapore’s fourth prime minister. READ MORE: https://www.straitstimes.com/singapore/politics/dpm-lawrence-wong-to-take-over-from-pm-lee-on-may-15

Richard Wee’s journey from the regional head of a multinational corporation to now a full time BJJ volunteer trainer at Evolve is as unconventional as it gets. Stumbling into the martial arts scene at age 55, he earned his blackbelt aged 67. He now volunteers at Evolve’s FUNFIT programme which looks to support less privileged youths through MMA. Inspiring, much? Tune in to find out more! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Steak is king. Steak is what other meat wishes it could be. Since its launch in October 2020, ASAP & Co. has established its F&B business as a steakhouse, specialising in the most basic and primitive way to enjoy a quality steak, namely, a mouth-watering combination of award-winning beef that is dry-aged and then smoked to perfection.  Isrudy Shaik, Founder of ASAP & Co. share more. 

Singapore shares opened muted this morning, following data released on economic growth as well as the central bank’s move to stand pat on its monetary policy settings. In early trade, the Straits Times Index (STI) rose 0.04 per cent to 3,228.76 points after 45.2 million securities changed hands in the broader market. In terms of companies to watch, we have Jardine Cycle & Carriage. The conglomerate said that Jean-Pierre Felenbok will join the company’s board from Apr 29 as a non-executive independent director.  Meanwhile, from more on tamer US producer price inflation to gold hitting a record high today, more international headlines remain in focus.  On Market View, The Evening Runway team unpacked the developments to watch for the day.

Generative AI has been shown to boost customer service productivity. In fact, 94% of business leaders surveyed in Deloitte’s State of AI in the Enterprise, 5th Edition, agree that AI is critical to success over the next five years. The question is, how should companies deploy AI to derive the greatest value and create personalised multichannel customer journeys at scale? Simon Ma, Director & Regional Manager, ASEAN, Freshworks weighs in. 

Unsold units at The Residences at W Singapore Sentosa Cove will be up for sale at more than 40 percent off their initial 2010 launch price. Cityview Place Holdings will be releasing 58 units for sale on April 15, with prices starting from $1,648 per square foot.  But will this move however result in rapid sales for those vacant units? Is a unit there worth your investment?  Nicholas Mak, Chief Research Officer, Mogul.sg shares his views. 

What has tempted Singapore's newly retired Olympic champion Joseph Schooling out of retirement? It's the Singapore T100, which returns to Marina Bay for the second year. Tune in as Sam Renouf, CEO of the Professsional Triathletes Organisation, tells us all about what we can expect at the event happening in the hear of the Lion City this weekend! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Singapore stocks were pulled into negative territory today, tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by the US Federal Reserve. In early trade, the Straits Times Index (STI) headed down 0.9 per cent to 3,209.41 points, after 92.8 million securities changed hands in the broader market. In terms of companies to watch, we have City Developments Ltd. That’s as the property developer’s subsidiary Cityview Place Holdings said it will be selling 58 units of The Residences at W Singapore Sentosa Cove this month.  Elsewhere, from the impact of a hotter-than-expected US March inflation report on Asian markets, to Adobe purchasing videos to build its artificial intelligence text-to-video generator, more international and corporate headlines are in focus. Also on deck – China’s March inflation numbers.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Chow, Director Azure Capital.

High cholesterol levels increase the risk of heart disease, which can be managed with exercise and healthy dietary choices. But, for people with familial hypercholesterolemia, a condition which affects 1 in every 200 people, managing the condition is not so straightforward. What is familial hypercholesterolemia, and how can you detect and manage the condition early? Dr Michael MacDonald, Senior Consultant Cardiologist from the Harley Street Heart Centreweighs in.