Money Matters with Hongbin Jeong and Chua Tian Tian

The idea of investing in an art form has gained popularity in 2023. It is an attractive alternative asset class which diversifies one's portfolio, helps to mitigate risk, and can align with wealth preservation goals.  But who is investing in art and for what reasons? And how can one incorporate art in their investment strategy?  Nanne Dekking, Founder and CEO, Artory & Elizabeth von Habsburg, Managing Director, Winston Art Group shares their views. 

It is highly likely that artificial intelligence will be regulated and in some ways, it already has. According to a joint paper seen by Reuters, an agreement on how AI should be regulated in the future has been reached by Germany, France and Italy, and this is expected to accelerate negotiations at the European level. But are all these upcoming regulations sufficient to rein in AI?  Paul Tan, Partner and Head of Arbitration for Asia, Gibson Dunn shares his views. 

From what China has gained from its President Xi Jinping meeting up with his US counterpart Joe Biden last week in San Francisco to China set to mimic Singapore housing model.  Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs gives us an analysis of those headlines and more. 

For this session, we talk to a company whose ticker symbol only has one letter.  Bingo if you’ve guessed Visa. On that note, did you know that Visa was actually founded by the Bank of America when it launched its first consumer credit card programme in the US?  Well, a lot has happened since, with the firm expanding internationally in 1974 and the introduction of the debit card in 1975.  Fast forward to the present, Visa is a trusted network and a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across over 200 countries and territories.  Just to give you some numbers, the company issued some 4.2 billion Visa cards as of March 2023, and oversaw 269 billion payments transactions for the 12 months ended June 2023.  The firm is also seeing a number of developments of late, working with Swift to streamline cross border B2B transactions. But what is the rationale behind the move? Meanwhile, the firm also launched its advisory service to help them better tap Generative AI and improve their payment experience. Question is – how far can Generative AI drive Visa’s business in its next bound of growth?  In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to  Adeline Kim, Country Manager for Singapore & Brunei, Visa.

With 109 caps for Singapore and counting, Safuwan Baharudin is a household name in the local game. But having had to miss out on being a part of the National Team after he was not cleared by the Football Association of Singapore’s (FAS) medical team following successive head injuries - the 32-year old has made a return to the fold with a point to prove. What are his motivations, aims and ambitions? Tune in as he tells us. READ MORE: https://www.straitstimes.com/sport/back-after-more-than-a-year-out-safuwan-baharudin-eager-to-make-up-for-lost-time Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Imagine having the taste of success at the tip of your tongue, only to have it slip away with the loss of your partners at the peak of your business. In spite of this, bespoke jewellery atelier, The Better Diamond is now one of Singapore’s leading specialists in lab-grown diamonds, that has seen a remarkable 1,100 percent growth within its first two years of establishment.  Adeline Lin & Marcus Wong, Co-Founders, The Better Diamond shares their experience building the company. 

Singapore stocks started the week on a softer note today, led by declines from banks and other index counters. In early trade, the Straits Times Index headed down 0.4 per cent to 3,112.44 points, after 29.7 million securities changed hands in the broader market. In terms of companies to watch for today, we have Singtel, after its Australian unit Optus’ chief executive, Kelly Bayer Rosmarin, has resigned after the company experienced a network-wide outage on Nov 8.  Elsewhere from sentiment ahead of the latest Fed minutes to OpenAI’s CEO Sam Altman ousted by its board, more international developments remain in focus. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

Supporting financial institutions in their efforts to leverage technology and transform digitally. That’s what we are going to talk about in this session with my guest from Temus.  Established by Temasek in partnership with UST, Temus provides digital transformation solutions for the private and public sectors, and aspires to be a strategic partner in realising the Singapore Government’s Smart Nation vision.  The Singapore headquartered firm has over 200 employees across a wide range of disciplines in strategy, design, architecture, technology, data and AI.  In the field of finance specifically, Temus recently announced a transformative partnership with award-winning fintech firm Nexus FrontierTech.  The collaboration aims to revolutionise the landscape of investing with the introduction of an AI-augmented portfolio management solution tailored for asset managers seeking unparalleled efficiency and performance. But what is the rationale behind this move and how far will this benefit FIs in Singapore?  Meanwhile, the firm had in April signed a partnership with AI Singapore to catalyse digital transformation, promote AI adoption, and develop new AI technologies, solutions, and applications for firms based in Singapore. What will this mean for firms within the financial industry here? In this Singapore Fintech Festival edition of Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Marcus Loh, Director, Temus.

In a sudden move, billionaire and AI evangelist Sam Altman has been fired as CEO of OpenAI. What does the surprise sacking mean for the AI race? The Asia-Pacific Economic Cooperation forum is over, but what did US President Joe Biden and Chinese President Xi Jinping accomplish? Elsewhere, as the conflict in Gaza continues to rage on, has the US been able to successfully broker a ceasefire deal with Israel and Hamas? Pushan Dutt, Professor of Economics, INSEAD gives us his analysis of the biggest headlines out of the US on this week's Washington Report. 

With an increasing focus on health and wellness, consumers are becoming more conscious about the ingredients used in their food. And in line with that, Glico has collaborated with the Agency for Science, Technology and Research (A*STAR) in a first-of-its-kind clinical test in Southeast Asia to study the nutritional and health benefits of almonds in the paste form. Hideaki Nagahisa, COO, Glico Asia Pacific shares more about the findings from the clinical trial and how the company is keeping up with health-conscious trends.