Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares dipped today, tracking overnight losses on Wall Street. In early trade, the Straits Times Index (STI) fell 0.4 per cent to 3,228.96 points after 28.6 million securities changed hands in the broader market. In terms of companies to watch, we have for you Singapore Exchange, after its regulatory arm has launched a public consultation on proposed amendments to its Futures Trading Rules and other rulebooks.  Elsewhere, from where US officials see interest rates moving for the rest of the year and into the next, to Amazon scrapping a planned merchant fee, more international and corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the major developments of the day.

Let us put on our lab coats and head over to the chemistry lab today! That’s probably what you may have heard years ago as a student. Why am I bringing this up? Well, I’m bringing this up because our guest for today is New York Stock Exchange-listed Waters Corporation, or a global leader that makes analytical instruments and software used in scientific laboratories.   Founded in 1958, Water Corporation serves a wide range of customers including those from the pharmaceutical, food and environment sciences as well as design and development industries. Its instruments and software ensure the safety of the medicines we take, the purity of the food and water we consume, and the quality and durability of products we use every day.  Waters Corporation has over 8,200 employees worldwide, and operations in over 35 countries. But what is its scale within Singapore, and how does it assess its growth in the coming years?  On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian found out more about Waters Corporation’s diverse business lines from David Curtin, Vice President Asia Pacific, Waters Corporation.

We speak to Mina Sue Choi, Miss Earth 2022 about what mental health awareness means to her and how she motivate herself to stay focus in this particular scene. 

What is life like after winning an international beauty pageant?  Mina Sue Choi, Miss Earth 2022 shares her journey as Miss Earth international 2022 and the relevance of beauty pageants in the modern world. 

From Malaysia and China strengthening ties with three memorandum of understanding (MOUs) to the huge possibility of Paetongtarn Shinawatra to be Pheu Thai's new leader.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

Foreign interest in purchasing luxury residences in Thailand has surged since the return of international tourists in the second half of 2022, according to property consultancy CBRE. Given Thailand’s attractive property prices and rising foreigner demand, what are best investment opportunities for Singaporean buyers? We find out from Tanyatip Chearavanont, CEO, Eden Estate and Roongrote Chongsujipan, President of Mulberry Grove & Healthcare Business, Magnolia Quality Development Corporation.

Singapore shares were little changed at the day’s open, tracking a subdued performance in Europe and overnight losses on Wall Street.  That’s as investors nervously await the Federal Reserve’s next decision. The Straits Times Index (STI) edged up 0.04 per cent to 3,242.09 points in early trade after 31 million securities changed hands in the broader market. In terms of companies to watch for today, we have Nio, after the electric vehicle maker announced today the pricing of its US$1 billion convertible note offering. Elsewhere, from a Huawei Technologies unit reportedly shipping new Chinese-made chips for surveillance cameras, and to Arm share posting its third daily loss post IPO, more corporate headlines remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.

We take a sneak peek into the fitness regime of a professional motorsports driver, what is the most challenging aspect fitness wise and what their diet look like with Bianca Bustamante, F1 Academy Driver, PREMA Racing, 

It has been slightly more than six months since our interview with Tapestry, or the fashion group behind Coach, Kate Spade and Stuart Weitzman.  A lot has happened since then. Perhaps the most important development of all is Tapestry’s US$8.5 billion acquisition of its competitor Capri Holdings in August.  Capri, as we know, owns the brands Versace, Jimmy Choo and Michael Kors.  Tapestry says the acquisition brings together six highly complementary brands with global reach, powered by Tapestry’s data-rich customer engagement platform, and diversified, direct-to-consumer operating model.  Just to give you a sense of how big the combined company is – it generated global annual sales in excess of US$12 billion with a presence in over 75 countries and achieved nearly $2 billion in adjusted operating profit in the prior fiscal year. But what are the financial reasons behind acquiring Capri? What will the mega fashion merger look like operationally?  And how will the creation of a US fashion powerhouse position Tapestry against larger European rivals such as LVMH? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with  Yann Bozec, President, Tapestry Asia Pacific; Chief Executive Officer & President, Coach China for more.

SGX Cares Bull Charge is the only corporate charity initiative that brings together the financial community and SGX-listed companies to support the needs of underprivileged children and families, persons with disabilities, as well as the elderly. Through fundraising events like Charity Golf, Charity Futsal and Charity Run, SGX Cares has raised over S$48 million for over 50 charities since 2004. ​ We speak to Pol de Win, Chairperson of our SGX Cares Bull Charge to find out more! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg