The Afternoon Update with Lynlee Foo

China has announced further steps in exiting its COVID-19… stepping closer to a full reopening of its borders. So what does this mean for airline shares? Can we expect shares to soar now? On Money in the Market, Shukor Yusof, Founder at Endau Analytics to tell us whether there will be clearer skies for the aviation sector.

Prostate cancer is the second most common cancer for men in Singapore, yet, early diagnosis which ensures effective treatment has been on the decline. Coming up in the best of The Afternoon Update - Rachel Kelly speaks to  Associate Professor Ravindran Kanesvaran, Deputy Head and Senior Consultant, Division of Medical Oncology, National Cancer Centre Singapore to find out why. 01:11 - Are cases of prostate cancer in Singapore on the rise? 02:11 - Why is early diagnosis of prostate cancer on the decline? 04:09 - What are some of the symptoms that patients should look out for?

Signs of a potential softening in the United States Fed's monetary tightening, coupled with China's easing of restrictions, have seen Asian currencies rally during the past few weeks against the US dollar. Does this mean Asian currencies could have more upside in the coming weeks? On Money in the Market, Lim Jun Kit, Strategist at Phillip Nova joins us to tell us more about the latest currency moves, including how the World Cup is deepening the currency pain for football fans. 

Rachel Kelly sits down with newly appointed American Express Country Manager for Singapore, Marlin Brown to discuss credit trends, market growth, and his expansion plans.

A slew of private survey PMI results have been released today from several Asian nations including Singapore, Japan and China. On Money in the Market, finance producer Hongbin Jeong spoke to Sani Hamid, Director for Wealth Management from Financial Alliance, to find out what these figures mean. 

On Money in the Market, Geoff Howie, Market Strategist at the SGX, joins us for a market wrap for the week; with focus on how the STI performed the past week; the effects of Fed Chair Jerome Powell's speech on markets; whether the boost in sentiment due to China's reopening plans will continue onto next week; and what to look out for the rest of December. 

Markets are currently moved by signs of an easing of China’s strict covid-zero policy, as well as the next moves by the US Fed - with which Chair Jerome Powell signalled a smaller interest hike for this month. How did markets perform in November? And what can we expect this month as we head to the end of the year? On Money in the Market, finance producer Hongbin Jeong speaks to Olivier d’Assier, Head of Applied Research, APAC, Qontigo to find out more. 

The uneven post-pandemic recovery, record-high inflation, soaring interest rates and geopolitical and market uncertainty have hit Singaporeans’ financial wellness. This year’s OCBC Financial Wellness Index dipped to 61, returning the score to 2020 levels. And the decline comes on the back of poorer investment returns, increased debt stress and derailed retirement plans. On Money in the Market, Hongbin Jeong spoke to Aaron Chwee, Head of Wealth Advisory, OCBC Bank to find out some of the investment trends amongst Singaporeans.  Highlights:  1:09 - What does OCBC’s Financial Wellness Index measure? 5:02 - What are some investment trends amongst Singaporeans? 6:30 - Why are young investors still keen on cryptocurrencies despite the crash? 8:37 - Why is there a decline in the average rate of return on investments by Singaporeans? 10:40 - Are Singaporeans ready to face a financial crisis?

Savills Research reports that rents of private residential properties are continuing their uninterrupted run across landed and non-landed properties. The rental index of these property types hit record levels in 24 years since the start of the URA time series in 1998. On Money in the Market, finance producer Hongbin Jeong speaks to Alan Cheong, Head & Director of Research & Consultancy at Savills to find out more.

A great rotation seems to be brewing in Asia as Investors look to North Asian markets, shifting their attention from markets in Southeast Asia. A recent Bloomberg article reported that the nascent revival in North Asian equities is being touted as the start of a potential bull run. But risks still remain. On Money in the Market, finance producer Hongbin Jeong speaks to one of the authors of the article, Ishika Mookerjee, deputy team leader for Asia stocks at Bloomberg News, to find out more.