The Afternoon Update with Lynlee Foo
About
Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.
FEB 13, 2024
13/02/24 - What's Trending: Is Kanye West trying to steal the limelight away from Taylor Swift and Travis Kelce's love story?On What's Trending, over the weekend, The Kansas City Chiefs won the Super Bowl, downing the San Francisco 49ers 25-22 in overtime in Las Vegas. And Taylor Swift was of course there, supporting her boyfriend Travis Kelce. After the Chief's victory, Kelce mumbled three words to her - "Come here girl". And as Kelce and Swift's love story continues to dominate headlines, Kanye West hits back once again to try to steal Swift's spotlight.
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05:53
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FEB 9, 2024
09/02/24 - Money in the Market: Is the global economy doing OK without China?Chinese officials are doing whatever they can to stabilise the stock market… a slew of markets have been announced with the latest - the replacement of the head of the securities regulator. Investors are closely watching Beijing as they await more forceful policy to secure the turnaround. Meanwhile, while China is busy with its stock market rout, global equities are approaching records and even neighbouring Asian markets are relatively unscathed. So why aren’t regional equities not impacted more by the recent rout? Is China’s rescue plans enough for the rally to sustain? On Money in the Market, Hongbin Jeong speaks to Sani Hamid, Director for Wealth Management, Financial Alliance, to find out more.
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14:09
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FEB 9, 2024
09/02/24 - Financial Hit: Should the Magnificent 7 be re-named to Magnificent 5?While shares of Nvidia, Meta, Amazon, Microsoft and Alphabet have continued their climb from last year, two stocks in the Magnificent 7 haven’t pulled their weight - Apple and Tesla. Should they be removed? Should the Magnificent 7 be re-named as the Magnificent 5? On The Afternoon Update's Financial Hit, Hongbin Jeong is joined by Sean Cheong as they discuss some other names that could replace the laggards.
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21:23
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FEB 9, 2024
09/02/24 - What's Trending: A dragon emerges and disappears before CNY; Getting yourself weighed before your flight?On What's Trending, a dragon emerged at red-themed HDB blocks in Tampines North that made headlines in 2023 for their “creepy” aesthetic. A couple had decorated one of the blocks with a dragon design, but unfortunately got removed before the new year.
Also on What's Trending, what if airlines started weighing your body weight before you on-board your flight?
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06:26
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FEB 8, 2024
08/02/24 - Money in the Market: Should we go all in on the US dollar amid erased hopes of a March rate cut?The US dollar has recently pulled back from a nearly three-month high against major currencies hit at the beginning of the week. The greenback was rallying as much as 1.4 per cent against the euro after unexpectedly strong US jobs data, as well as diminished bets for an early interest rate cut. But while hopes of a March rate cut have been ruled out, is the market still showing some reluctance to go all in on the long US dollar trade, given the high conviction around rate cuts later in the year? To find out more, I’ll be speaking to Peter Chia, Senior FX Strategist, UOB, to find out more about the path of the US dollar as well as of other Asian currencies.
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14:20
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FEB 8, 2024
08/02/24 - What's Trending: Will Taylor Swift make it in time for the Super Bowl?; What's the secret to Beyoncé's hair?On What's Trending today, Taylor Swift has kicked of the Asian leg of her Eras Tour starting with Tokyo. Thousands of fans gathered and lined up at Tokyo Dome hours before the show began. Some experts say she can even singlehandedly boost Japan's GDP.
Also on What's Trending, Beyoncé has revealed a new haircare line - called Cécred. Will this new product be the key to her long luxurious hair?
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06:47
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FEB 7, 2024
07/02/24 - ECO MONEY: Dyeing to make fashion sustainableColour analysis to produce a palette that best compliaments your skin and hair tone may have become the latest trend, but have you given any thought to how the dyes for your clothes are produced?
Colorifix is on a mission to tackle toxic dye pollution caused by the industry and reduce water consumption.
Rachel Kelly speaks to Orr Yarkoni, Founder and CEO of Colorifix to find out more.
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12:02
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FEB 7, 2024
07/02/24 - Money in the Market: Will February be a rocky month for stock markets?In January, stock markets usually see a seasonal boost due to the so-called “January Effect”. And indeed, January this year was great for stock markets, will Wall Street indexes reaching all-time highs. But for February, it’s not as bright as the previous month. In fact, February is known to be historically one of the rockiest times of the year for markets. So will history repeat itself? On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova, to find out what’s in store for February.
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07:38
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FEB 6, 2024
06/02/24 - Money in the Market: Should investors refrain from making investment decisions driven by FOMO?Major central banks have stood pat in their latest monetary policy decisions. And while bets of March cuts increased late last year through to the beginning of this year, those bets have lost steam as central banks signalled that they would start rate cuts later than market expected. So what are some implications for markets as interest rates are here higher for longer? Could we expect more volatility ahead? What sectors should investors go overweight on, and which sectors should investors avoid? On Money in the Market, Hongbin Jeong speaks to Laurent Lequeu, Independent Financial consultant and Writer of The Macro Butler Newsletter, to find out more.
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08:02
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FEB 6, 2024
06/02/24 - What's Trending: The Beatles were painters too? & How one TikTok-er became a homeowner through AmazonOn What's Trending, The Beatles are known for their iconic albums and hit songs like "Here Comes the Sun." But did you know they were painters too? Well, it's only known painting, collectively created and signed by all the members, was auctioned off and sold for $1.7 million at Christie’s.
Also on What's Trending, what do you buy on Amazon.com? Probably just electronics, decorations, or perhaps even outfits. But did you know you can buy a house on Amazon? Find out how one TikToker became a homeowner through purchasing a house on Amazon.
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04:55
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