Your Money with Michelle Martin

Frasers Hospitality Trust, suffered a 24 percent dip in share prices after a $1.35 billion proposal to take the trust private fell through.. The privatisation offer seemed generous enough,– at a 7 per cent premium to net asset value (NAV) But earlier this week, the global hotel and serviced residence trust clocked in 74.88 percent of shareholder votes who were in favour of the proposal, narrowly missing the 75 per cent needed for the resolution to pass. Many market watchers were surprised including our guest Kenny Loh, REIT Specialist and Independent Financial Advisor. We find out why and ask if hospitality Reits listed in Singapore - which have seen a remarkable revival in fortunes-  can continue their march forward. Michelle Martin and Kenny Loh also take a closer look at the S-reit landscape month-on-month performance across sectors.  

For the past 30 months, Tesla has been the most-shorted stock in the market. More money has been bet against it — betting that its share price will fall — than any other stock. Well, no more. Which company is now in top position on this dubious chart?  And what does it mean for its future? Michelle Martin finds out.

Singapore aims  to reach net zero by or around mid-century - And as the city state commits to doing its part to tackle climate change - the energy sector plays a key role in reaching the country's targets. Rachel Kelly speaks to Mr Ngiam Shih Chun, Chief Executive, Energy Market Authority as he shares his views on Singapore’s future energy journey. This SIEWcast is brought to you by Singapore International Energy Week and MONEY FM 89.3 in partnership with ExxonMobil. 01:26: What is Singapore's vision for charting the energy transition to 2050? 04:48: What are some of the key challenges when it comes to reaching energy targets for Singapore? 06:07: What are the opportunities and areas of growth for companies?

Could UOB's expansion help it overtake rivals DBS and OCBC? Why did unitholders of Frasers Hospitality Trust reject its privatisation? And What are the potential implications of a railroad strike in the US? Michelle Martin and Ryan Huang look into these headlines. 

This week is expected to be a big week for the cryptocurrency market, with the Ethereum Merge scheduled to commence today! What does this mean for the supply and demand for Ether?  Meanwhile, the release of latest US consumer price index (CPI) data has seen a sharp decline in the crypto market, with Bitcoin plunging over 10% on the same day. Are exchanges feeling the pressure? Michelle Martin asks Vijay Ayyar, VP Corporate Development & Global Expansion, Luno.

Michelle Martin examines two locally-listed REITS. One company is new — the result of a merger between two sister companies. The other is expanding its business through new acquisitions. Why are brokers bullish on them? 

Dads are traditionally known to take on a load of responsibilities in this day and age. But what do modern dads think the role of the family can be when it comes to prioritizing financially? Michelle Martin speaks to Bryan Tan, CEO, Centre for Fathering, Dads for Life and Moms for Life as he shares the blueprint of how we should financially plan for our family and savvy tips to ensure financial success in this period of uncertainty. 

Did an army of Redditors defeat Wall Street Goliaths? Or was it Wall Street that really thrived from the chaos of what happened early 2021 where the Gamestop short-sell riveted traders and non-traders alike. Who were the real winners and losers? And while Gamestop is the prime example of a MOASS, could the next Mother of All Short Squeezes be still ahead? Michelle Martin finds out in conversation with author of ‘The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors’, Spencer Jakap.

Inflation is casting a dark shadow over the markets today. US indices experienced their biggest losses overnight in more than two years. Asia-Pacific shares are trading lower as well... But fret not, there are still positive corporate stories out there and bargains to be found. Michelle Martin looks at several ideas in today’s Market View Minutes.  

In the US, major indices experienced their steepest drops in more than two years overnight. The NASDAQ plunged more than 5 percent. The Dow and S&P 500 each fell about 4 percent or more. These losses are the biggest single-session sell-off in this current bear market, why? Meanwhile, Frasers Hospitality Trust shares plunged more than 20 percent yesterday after a bid to privatize the company failed on Monday. Michelle Martin takes a closer look at why and if there is still room for depression to continue.