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.
APR 28, 2023
28/04/23 - Market Wrap: Was the negative reaction to share prices of property developers after the ABSD hike just a knee-jerk reaction?On The Afternoon Update, Hongbin Jeong speaks to Gerald Wong, CEO of Beansprout (growbeansprout.com) for a wrap of markets for the week. They discuss how the STI performed the past week; how property developer counters were impacted by the ABSD hike; some of the REITS results we saw in the past week; UOB results and what to expect from other local banks in the coming weeks; as well as several economic data out of Singapore in the past week including inflation numbers as well as factory output activity.
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12:28
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APR 27, 2023
27/04/23 - ECO MONEY: Is jackfruit the next trendy meat alternative?When you think of alternative meats - jackfruit may not be the first thing that comes to mind.
BUT this humble fruit has been used in vegetarian dishes for years.
One Singapore based startup is betting big on this trend. KARANA has plans to take jackfruit global - starting from our little red dot.
Eco Money Host, Rachel Kelly speaks to BLAIR CRICHTON, Co-Founder, KARANA to find out more.
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12:00
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APR 27, 2023
27/04/23 - What's Trending: Should you lose sleep over the latest hike in ABSD rates?Singapore is raising property taxes in a bid to cool its red-hot housing market.
It's stepping up Additional Buyer Stamp Duty (ABSD) rates for residential properties, in a fresh round of cooling measures aimed at curbing investment demand.
So what does this mean for the property market? And what does this mean for you and me?
On What's Trending, Hongbin Jeong speaks to Alan Cheong, Executive Director, Research & Consultancy of Savills Singapore to find out more.
Highlights:
01:23 - Overview of the latest ABSD hike
02:49 - Were the previous cooling measures not enough?
03:48 - What does this mean for the upcoming property launches?
05:46 - How much will foreigners be affected?
07:23 - What's the outlook for Singapore's property market now?
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08:38
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APR 27, 2023
27/04/23 - Money in the Market: Do income stocks offer a ‘sweet spot’ in investment?Income stocks are stocks that offer regular and steady income, usually in the form of dividends, over a period of time with low exposure to risk.
With the latest inflationary environment alongside the recent crisis in the banking sector, markets have been quite volatile.
So are income stocks the way to go?
Do investors see income stocks as a more attractive proposition in the current market?
On Money in the Market, Hongbin Jeong speaks to Jon Bell, Portfolio Manager, Equity Income team at Newton Investment Management of BNY Mellon IM to find out more.
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19:09
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APR 26, 2023
26/04/23 - Money in the Market: Are we already in a recession?Wall Street has been fretting over a looming recession for much of the last year and this year. And that's as the Federal Reserve embarked on its rapid rate-rising path to ease inflation that's running at multi-decade highs.
So what are some signs that a recession is coming? Or is it already here?
What kind of clues can we find about a looming recession through the corporate earnings results that we’ve seen so far?
And what does a recession in the US mean for Singapore?
On Money in the Market, Hongbin Jeong speaks to Steve Brice, Chief Investment Officer at Standard Chartered Bank to find out more.
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12:16
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APR 25, 2023
25/04/23 - Money in the Market: Why Singapore was the prime selection for AGBA's business expansionNASDAQ-listed financial services and insurance provider AGBA has announced the acquisition of Sony Life Financial Advisers, a duly licensed financial adviser and insurance broker based in Singapore.
The acquisition marks a key milestone for the wealth and health group as it signals a new hub for its operations in Asia.
How does this align with AGBA’s business and expansion plans in Asia? And why was Singapore selected for your business expansion? How does Southeast Asia play a key role in the development of financial service markets?
On Money in the Market, Hongbin Jeong speaks to Ng Wing Fai, AGBA's Group CEO and Group President, to find out more.
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08:45
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APR 24, 2023
24/04/23 - Money in the Market: How has the earnings season turned out so far?Earnings season took to full gear last week - and it started off strong, but it looks like that was short lived.
How has earnings turned out so far? And what can we expect this week?
On Money in the Market, Hongbin Jeong speaks to Abhishek Vishnoi, Senior Reporter for Equities at Bloomberg, to get more details on earnings.
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12:50
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APR 24, 2023
24/04/23 - What's Trending: Why should we urge the elderly to get vaccinated?World Immunisation Week is a global healthcare event, typically celebrated every year in the last week of April between 24th and 30th, intending to promote vaccine usage and protect people of all ages from infectious diseases.
On What’s Trending, in light of World Immunisation Week, Hongbin Jeong speaks to Dr Carol Tan, Geriatrician, Medical Director of The Good Life Medical Center, to discuss the urgent need to convince Singapore’s elderly to up their protection against infectious diseases through vaccination.
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11:21
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APR 21, 2023
21/04/23 - Money in the Market: Will Asian banks issue AT1s after the recent banking chaos?AT1s are designed to absorb losses when banks collapse.
But in the recent banking turmoil, there was a total wipeout of Credit Suisse’s notes, triggering a volatility in the market with few banks willing or able to sell new notes.
Now - will Asian bank continue to issue AT1s after this banking chaos?
And will Singapore's banks likely to issue AT1s this year?
On Money in the Market, Hongbin Jeong speaks to Rena Kwok, Credit Analyst, Asian Financials, Bloomberg Intelligence to find out more.
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08:34
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APR 21, 2023
21/04/23 - Market Wrap: Some of the highlights of earnings season this past weekOn The Afternoon Update, Hongbin Jeong is joined by Geoff Howie, Market Strategist from the SGX to get a wrap of markets for the past week. They discuss STI's performance; biggest movers on the STI; how China's stronger-than-expected GDP results moved markets; highlights from earnings results this past week; and what to look out for in the week ahead.
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16:45
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