Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek
About
Get a head start to your work day with Ryan Huang, Emaad Akhtar and Audrey Siek from 6am to 9am. Listen to insightful discussions on the stories and issues that matter the most to you and be apprised of the markets and the companies to watch.
OCT 1, 2025
01/10/25 - Bigger Pic: STI at record highs - what it means for Singapore investorsThe Straits Times Index has surged to new highs recently, sparking fresh interest from investors at home and abroad. What’s driving this rally, and how well does the STI still reflect Singapore’s evolving economy? Miko Huang, Manager of Equity Index Product Management Asia at FTSE Russell, and Geoff Howie, Market Strategist at SGX, unpack the forces behind the index’s performance, its changing composition, and what it means for retail and institutional investors. From sector shifts and regional earnings exposure to trading activity in STI-linked products, they share key insights on where the market stands today, and what Singapore investors should keep in mind as they look ahead.
Produced/Presented: Ryan Huang
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10:42
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OCT 1, 2025
01/10/25 - US Markets Wrap: Markets climb as shutdown looms, investors turn to safe havensStocks closed higher Tuesday despite growing concerns over a looming U.S. government shutdown that could freeze key economic data and rattle investor confidence. The Dow hit a new record, while the S&P 500 and Nasdaq also posted gains. But under the surface, anxiety is rising. Investors are moving into safe-haven assets like gold and Treasuries, bracing for potential fallout if the shutdown drags on. José Torres, senior economist, Interactive Brokers breaks down the market’s reaction, the latest job openings and consumer confidence reports.
Produced/Presented: Ryan Huang
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08:31
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OCT 1, 2025
01/10/25 - Companies To Watch: Could Etsy’s OpenAI partnership be the blueprint for conversational commerceEtsy’s shares spiked after announcing two bold moves: a switch from Nasdaq to the NYSE, and a first-of-its-kind integration with OpenAI’s ChatGPT that lets users shop directly in chat. Bulls say this could be a game-changer for growth and visibility, while bears warn fundamentals and competition haven’t changed.
Join Dan Koh and Audrey Siek as they break down the case on both sides for investors.
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11:01
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OCT 1, 2025
01/10/25 - Breakfast Bites: Is quitting always bad, or is there a right time to walk away?"If at first you don't succeed, try again." "Winners never quit and quitters never win."
We have a lot to say about quitting something... that it’s like a failure, that you didn’t stick it out, and you didn’t try hard enough.
But maybe there is a right time to drop something. Audrey, Ryan and Emaad talk about the power of knowing when to walk away, and the signs psychologists say to watch out for.
Presented by Audrey Siek, Ryan Huang and Emaad Akhtar
Produced by Audrey Siek
Edited by Trisha Yeong
Photo and music credit: Pixabay & its talented community of contributors
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06:01
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OCT 1, 2025
01/10/25 - Morning Shot: Making Sense of Singapore’s Freelance LandscapeSingapore draws a firm line on freelance work. Foreigners need valid passes to take on physical gigs like food delivery, private hire driving or on-site photography, whereas the lines are more blurred for firms hiring overseas talent for remote jobs such as coding, design and content creation. The approach has sparked debate over fairness, competition, and how Singapore can protect local livelihoods while staying open to global expertise.
Dr. Clara Lee, Research Fellow at the Institute of Policy Studies at NUS, joins the Breakfast Show to unpack what this divide means for workers, businesses and the future of work.
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11:26
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SEP 30, 2025
30/09/25 - Bigger Pic: APAC travellers flocking to domestic hotspots in 2025APAC travellers haven't held back when it comes to making overseas trips in 2025. And the proof is in the pudding.
Data from Booking.com revealed some interesting patterns, including a greater interest in exploring domestic destinations and the rise in intra-regional travel. Laura Houldsworth, Managing Director, Asia-Pacific, Booking.com explains these findings and more.
Produced & Presented by: Emaad Akhtar
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06:26
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SEP 30, 2025
30/09/25 - Mind Your Business: Building restaurants in a brutal marketIn 2024, more than 3,000 F&B outlets shut down in Singapore, yet new ones keep opening. Is this oversaturation, or survival of the fittest?
The Breakfast Show speaks with Leo Pang, Special Projects Manager, The Fat Sparrow & Daydream Desserts about the realities of running restaurants in today’s climate, from balancing quality with affordability to staying relevant in a fast-changing dining scene.
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11:48
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SEP 30, 2025
30/09/25 - Companies To Watch: Sony Financial Group offers fresh opportunity in Japan’s financial servicesAfter soaring more than 30% on its Tokyo debut, Sony Financial Group is one of the hottest new listings in Asia. But is it just IPO buzz, or a long-term play for investors?
Join Dan Koh and Emaad Akhtar as they find out why Sony decided on a spin-off of its banking and insurance arm, how investors should think about this new stock, and what it signals for Japan’s corporate landscape.
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10:45
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SEP 30, 2025
30/09/25 - Morning Shot: Laid Off, What Next? The recent retrenchments at Agoda have stirred debate after clauses in its severance terms drew criticism from unions and the Ministry of Manpower. The saga highlights bigger questions facing workers in Singapore: What should employees expect in a layoff, what rights do they retain, and where are the boundaries of employer obligations?
So how are severance agreements usually structured, what recourse exists if workers feel pressured, and should Singapore move towards stronger legal protections on retrenchment benefits? Ian Lim, Partner, TSMP Law Corporation and head of TSMP’s Employment & Labour team, joins the Breakfast Show to break down the legalities and what this means for both workers and employers.
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09:45
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SEP 30, 2025
30/09/25 - US Markets Wrap: Can the US rally keep rolling into Q4, and what a shutdown means for the economyAfter five straight months of gains, the S&P 500 is heading into a historically volatile October with strong momentum on its side. Growth looks solid, consumption remains resilient, and AI is giving GDP a powerful boost. Conversely, inflation, Fed policy, and the looming U.S. government shutdown still cloud the outlook.
Dan Koh speaks with Sonu Varghese, Vice President & Global Macro Strategist at Carson Group, to unpack the forces driving markets, the risks ahead, and what investors should be watching as we enter the final quarter of the year.
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11:29
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