19 July 2023
Market View: Sakae’s executive chairman Douglas Foo to sell 20% stake for S$26.5m; GXS Bank raises deposit cap; ADB downgrading 2023 growth projection for the Southeast Asia to 4.6%; Talent war among banks, insurers in Hong Kong; US earnings season and sectors to watch.
Singapore stocks opened stronger today after global markets rallied overnight.
In early trade, the Straits Times Index added 0.6 per cent after 46 million securities changed hands in the broader market.
In terms of companies to watch, we have Sakae. The mainboard-listed restaurant operator today said its executive chairman Douglas Foo entered into a sale and purchase agreement with Makara Capital to sell a 20 per cent stake in the company for S$26.5 million.
Meanwhile, from China possibly becoming the luxury industry’s next sore spot to Hong Kong’s talent war and the latest US earnings from the likes of Morgan Stanley, Bank of America and Charles Schwab, more international news continue to make the headlines today.
On Market View, the Drive Time team dived into the details with Thomas Rupf, CIO Asia & Head of Trading Execution, VP Bank Ltd Singapore Branch.

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25 May 2023
Money in the Market: Where are Chinese equities headed?
China has been boasting strong economic growth since the removal of its Zero Covid policy.
But concerns remain among investors over the strength of China’s economic recovery, as the combination of strong post-reopening economic data and sluggish stock-market returns proves perplexing.
So is there room to grow for Chinese markets later in the year? And what are some of the investment trends when it comes to investing in the Chinese market?
On Money in the Market, Hongbin Jeong speaks to Thomas Rupf, CIO Asia & Head of Trading Execution, VP Bank Ltd Singapore Branch to find out more.

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25 August 2022
Market View: How will the US and European markets overcome the current ongoing downturn?
Over the past few days, US and European markets have experienced quite a number of noteworthy events. In the US, volatilities kept investors waiting for the comments of Federal Reserve Chairman Jerome Powell at the upcoming Jackson Hole economic symposium. European markets also did not have a positive week with the continual crisis making gas prices spike by 13 percent. On Market View, Finance Presenter Chua Tian Tian speaks to Thomas Rupf, CIO Asia & Head of Trading Execution, VP Bank Ltd Singapore Branch to find out more.

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23 March 2022
Money and Me: Navigating geopolitical risks to growth and long-term investments
Michelle Martin discusses growth investing opportunities and where VP Bank’s convictions lie for 2022 with Thomas Rupf, CIO Asia & Head of Trading Execution, VP Bank Ltd Singapore Branch.

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