Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek

On today's The Breakfast Brief, we discuss the potential ECB rate hikes' effect on markets and the Euro. Tesla and Netflix are also under the microscope. We speak to Azeem Sheriff, Markets Analyst, CMC Markets APAC & Canada more about this.

In a surprising move, the Monetary Authority of Singapore (MAS) has boosted its support for the Singapore dollar in an off-cycle policy decision to cool inflation, which is expected to rise faster than previously anticipated. This is the fourth tightening move by MAS since October 2021 causing fear among Singaporeans of a looming recession ahead. To better understand this situation, we speak to Sani Hamid, Director of Wealth Management, Financial Alliance.

From the beginning, an entrepreneur should expect to experience failures and encounter challenges. It is along that journey that they understand the things required to build a successful company.  We speak to Wong Wai Jeat, CEO & Co-Founder, Ximple about the importance of maintaining good dynamics with partners, having good funding, and other lessons he has learnt through his entrepreneurial ventures.

In Breakfast Brief, we take a look at Wall Street, with both Morgan Stanley and JP Morgan reporting their second-quarter investment revenue which came in weaker than expected. Chinese properties which accounts for about a quarter of China's economy, are under stress over homebuyers refusing to pay for mortgages on stalled projects affecting China's credit markets, the nation’s bank stocks and commodities from iron ore to copper.

Sanjay Gulgani, CIO, Silverdale Capital, discusses the implications of the decades-high US inflation reading for June at 9.1%, and the implications for investors amid rising expectations of more aggressive monetary tightening.

Synopsis: Every fourth Friday of the month, The Straits Times' US bureau chief Nirmal Ghosh presents an Asian perspective of the biggest global talking points with expert guests. In this episode, Nirmal Ghosh hosts Dr Aparna Pande, Research Fellow & director of Hudson Institute's Initiative on the Future of India and South Asia, and ST's Japan correspondent Walter Sim.  When news of former Japanese Prime Minister Shinzo Abe’s assassination on July 8 broke upon a disbelieving world, India’s Prime Minister Narendra Modi was possibly the first leader to declare national mourning with the Indian flag at half-staff throughout the land – and then blogged about his "dear friend". The Japan-India relationship is a long one, and it suits both to see the other rise because, among other commonalities, neither considers the other a threat. And under Prime Minister Fumio Kishida, Japan is set to continue on the same track.  Highlights (click/tap above): 2:15 Why Japan will pursue a more muscular foreign policy following Abe's legacy 4:55 Public sentiment on revision of Japan's pacifist constitution that was drafted by the United States, which came into force in 1947 7:50 Abe popularly known as the "Quad-father": How important is his legacy to a free and open Indo-Pacific? 11:25 Why Japan could become more of a consensus leader if sustained US presence in Asia does not pan out in coming years Produced by: Nirmal Ghosh (nirmal@sph.com.sg), Ernest Luis, Teo Tong Kai and Eden Soh Edited by: Eden Soh Subscribe to the Asian Insider Podcast channel and rate us on your favourite audio apps: Channel: https://str.sg/JWa7 Apple Podcasts: https://str.sg/JWa8 Google Podcasts: https://str.sg/wQsB Spotify: https://str.sg/JWaX SPH Awedio app: https://www.awedio.sg/ Website: http://str.sg/stpodcasts Feedback to: podcast@sph.com.sg Follow Nirmal Ghosh on Twitter: https://str.sg/JD7r Read Nirmal Ghosh's stories: https://str.sg/JbxG Register for Asian Insider newsletter: https://str.sg/stnewsletters Asian Insider videos: https://str.sg/wdcC --- Discover ST's special edition podcasts: Singapore's War On Covid: https://str.sg/wuJa The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Green Pulse: https://str.sg/JWaf Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m SG Extra: https://str.sg/wukR #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover ST Podcasts: http://str.sg/stpodcasts Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #STAsianInsider

Synopsis: On the third Friday of every month, The Straits Times examines various facets of the US-China rivalry and its implications for Asia. Join Charissa Yong and Danson Cheong - ST’s US and China correspondents respectively based in Washington DC and Beijing - as they chat about the prospect or possibility of an "Asian Nato". Nato is the well-known US-led military alliance in Europe. But how likely is a similar scenario in Asia? And what will this mean for China, which has been vocal about its concerns? Highlights (click/tap above): 0:40 What recently triggered this talk of an "Asian Nato"? What was China's response? 2:31 Are we seeing the makings of an "Asian Nato”? How did we get to this point? 4:45 A solidifying shift against China in the region?  8:17 Will we see Australia, Japan, New Zealand and South Korea join Nato? Produced by: Charissa Yong (charyong@sph.com.sg), Danson Cheong (dansonc@sph.com.sg), Eden Soh and Teo Tong Kai Edited by: Teo Tong Kai Follow our Asian Insider Podcast channel every week here and rate us: Channel: https://str.sg/JWa7 Apple Podcasts: https://str.sg/JWa8 Spotify: https://str.sg/JWaX Google Podcasts: https://str.sg/wQsB SPH Awedio app: https://www.awedio.sg/ Website: http://str.sg/stpodcasts Feedback to: podcast@sph.com.sg Read Charissa Yong's stories: https://str.sg/3xRa Read Danson Cheong's stories: https://str.sg/3xR2 Follow Danson on Twitter: https://twitter.com/dansoncj Read ST's Power Play articles: https://str.sg/3xRE Register for Asian Insider newsletter: https://str.sg/stnewsletters --- Discover ST's special edition podcasts: The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Singapore's War On Covid: https://str.sg/wuJa Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Green Pulse: https://str.sg/JWaf Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover ST Podcasts: http://str.sg/stpodcasts Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #STAsianInsider

Selena Ling, Chief Economist, OCBC Bank, discusses why the Monetary Authority of Singapore sees enough urgency to act now ahead of its scheduled October meeting, and what the latest Q2 GDP advanced reading at 4.8% missing consensus forecast tells us about the economic trajectory.

In The Breakfast Brief, we discuss US latest red-hot inflation figures which has soared to 9.1 percent, the largest gain since 1981. The price pressures has reaffirmed the central bank to hike another 75 basis points. According to a survey by the Monetary Authority of Singapore(MAS) , Singapore’s economy  is expected to grow higher in the second quarter than the first quarter of 2022.

Essential foods in Singapore such as eggs and chicken have seen price increase this year and Singaporeans have been struggling to cope with these rising costs of living. Hence, it has become important for Singaporeans now to manage their grocery budget. Lee Yik Hun, Marketing Director for Food and Own Brand, Southeast Asia, DFI Retail Group will shed light on some of these trends, and how DFI Retail Group is helping consumers manage these expenses,