Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek

After a long 18 month political struggle, Japan's largest steelmaker, Nippon Steel, has finally announced the acquisition of United States Steel for a staggering US$14.1 billion. Now that’s a milestone touted by veteran traders as one of the most unique they’ve ever witnessed! Join Dan Koh and Ryan Huang as they find out what the golden share rights of the deal entail and what this could mean for both steelmakers going forward.

Eric Chng, Senior Managing Director for Global Alternatives, State Street discusses why allocations into private markets continue to rise despite a near-term slowdown in fund-raising caused by valuation mismatches and all-time high levels of dry powder. Produced/Presented: Ryan Huang           

Damian McIntyre, Head of Multi-Asset Solutions, Federated Hermes discusses how markets are responding over fears that Iran could use its military to shut down the Strait of Hormuz, which sees nearly 25% of all global oil production flow through it daily. He also looks at why while Tariffs and Trump's Tax bill can cause short-term volatility in July, they also have the potential to be upside catalysts for the second half. Produced/Presented: Ryan Huang Image by Pexels from Pixabay

As Asia’s influence on the global stage grows, Singapore continues to lead as a hub for strategic dialogue and innovation. One key platform driving this momentum is the Milken Institute Asia Summit. With a new agreement between the Singapore Tourism Board and the Milken Institute extending the Summit’s home in Singapore through 2028, the Breakfast Show invites Robin Hu, Asia Chairman of the Milken Institute to discuss the significance of this partnership and the evolving role of Asia in shaping global conversations.

When someone says the words “I have debts to pay” or “I’m in debt” - usually we think… not good things? We often think of debt as a dirty word — something to avoid. But not all debt is created equal. Some kinds of debt can actually help you build wealth, open doors, and improve your quality of life… if you manage them wisely.   Presented by Audrey Siek & Ryan Huang Produced by Audrey Siek Edited by Trisha Yeong  Photo and music credit: Pixabay & its talented community of contributors

A little-known biotech firm focused on Traditional Chinese Medicine has surged over 64,000%, catapulting its valuation to nearly $10 billion. Is this a biotech breakthrough, a speculative frenzy, or something in between? Join Dan Koh and Ryan Huang as they dissect the rise of Regencell Bioscience Holdings Limited — a company with just 12 employees, no FDA-approved products, and a CEO earning $1 a year.

Nicholas Cator, Founder & Managing Partner, Venturi Partners discusses how the venture capital space is grappling with the current market volatility. He shares how his consumer-focused investment portfolio of companies is coping with changing spending patterns and risk appetites. Cator also talks about what aspiring founders looking to attract VC investment need to do. Produced/Presented: Ryan Huang

José Torres, Senior Economist at Interactive Brokers discusses the risk-on mode returning to markets as concerns ease around the odds of the Israel-Iran conflict spreading wider. He also previews the FOMC rate decision in view of oil price volatility plus recent jobs and inflation data. Produced/Presented: Ryan Huang

It starts with a tight shoulder, a sore back, a wrist that aches after long hours at the keyboard. But in Singapore’s relentless work culture, we’re trained to push through — until small discomforts become something far more serious. The Breakfast Show invites Amelia Lee, CEO of The Health Collective, to talk about the silent health crisis affecting office workers and why prioritising well-being is no longer optional. Together, we unpack how healthcare can be more human, more proactive, and more accessible — even in a world that glorifies burnout.

Across Asia, reports of passengers having valuables stolen mid-flight are on the rise with some cases pointing to coordinated criminal groups targeting specific routes. In 2024 alone, Hong Kong saw a 75% surge in cases, while airports in Tokyo and Singapore have reported similar upticks. In Singapore, there were 4 reported cases between January 2023 and September 2024, with one case involving a man who stole the equivalent of about S$120,000 from a jeweller on a Singapore Airlines (SIA) flight in March 2024. The issue has grown serious enough for the International Air Transport Association (IATA) to put it on the agenda this year, highlighting concerns around onboard security and cross-border enforcement. This Morning Shot episode explores what’s driving this trend, why certain routes are more vulnerable, and what’s being done, or not done, to deter in-flight theft. Dr. Alan Tan, Professor, NUS Law School (specialising in Aviation Law) joins the Breakfast Show to share his insights.