Money Matters with Hongbin Jeong and Chua Tian Tian

This time last week, Formula 1 took centre stage in Singapore….with the streets abuzz with the revving of engines, and fanfare to welcome the stars of the paddock. But beyond that, did you know the city was also the venue for the F1 Academy race - a series which champions the next generation of female talents to explore their own motorsport journeys. Currently in it's second year, is the F1 Academy on course to breaking barriers in the sport? 19-year old british racer Jessica Edgar speaks to Sports Minutes to tell us more. Got a story to tell? Get in touch with us! raushan@sph.com.sg

Have you always known you were a born leader? Do you have a business idea but you're second guessing yourself? Maybe entrepreneurship is for you.  On That's How! Roshan Gidwani uncovers some key points that can help you figure out if being an entrepreneur is really for you or someone else you know.  Source: https://www.indeed.com/career-advice/career-development/how-to-write-a-proposal-letter

Singapore stocks began the day trading in negative territory, despite overnight gains in global markets.  In early trade, the Straits Times Index (STI) dropped 0.1 per cent to 3,580.11 points after 30.8 million securities changed hands in the broader market.  In terms of companies to watch today, we have CapitaLand Integrated Commercial Trust. The trust will issue 377.3 million new units to raise gross proceeds of about S$757.2 million from its preferential opening that closed on Tuesday.  Elsewhere from how shares of Yangzijiang Shipbuilding and Yangzijiang Financial traded divergently earlier today to Chinese stocks set to register its best week since 2008 – more corporate and international headlines remain in focus.  Also on deck – one last look at expectations for the US August PCE price index due tonight. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Sunny Soh, Lead Technical Analyst (Capital Markets & Investor Education), SIAS.

The annual Cream Cheese Festival in New York hosted a Guinness World Record attempt with a 15,008-pound cheesecake, reclaiming the title from a previous record set in 2013. The cheesecake, made by Derrick Langdon and his team, weighed 15,008 pounds, almost 7,000 kilograms. On other news, new research suggests that three cups of coffee or tea a day may lower the risk of developing cardiometabolic multimorbidity, which includes coronary heart disease, stroke, and type 2 diabetes. However, the study is observational and the extent of the connection between caffeine and heart health remains unclear.

Wuthering Heights, the popular novel will be made into a feature film by Emerald Fennell! With Margot Robbie and Jacob Elordi to star in the lead roles, will their age difference be an issue? What do The Evening Runway crew think? Press play because Roshan Gidwani, Hongbin Jeong and Chua Tian Tian shall spill the tea!  Get in touch with our anchors at rgidwani@sph.com.sg, chuatt@sph.com.sg, hongbin@sph.com.sg.  

Singapore stocks began today trading in negative territory, mirroring overnight losses in global markets.  In early trade, the Straits Times Index (STI) decreased 0.3 per cent to 3,573.67 points after 36.1 million securities changed hands in the broader market. In terms of companies to watch, we have First Sponsor. The mainboard-listed property developer has raised gross proceeds of about S$244 million from its rights issue.  Elsewhere, from more on Singapore’s factory output far exceeding economists’ median forecast in August, to Ikea testing smaller stores in China – more local and international headlines remain in focus.  Also on deck – Micron’s latest earnings outlook, plus how OpenAI is discussing giving chief executive officer Sam Altman a 7 per cent equity stake in the company and restructuring it to become a for-profit business.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

You would have heard of the old proverb that goes “all work and no play makes Jack a dull boy”.  So – we’re going to talk all about play, and in particular about the future of play with our guest today, Toys “R” Us Asia.  Headquartered in Hong Kong, Toys “R” Us Asia operates around 460 stores across Asia, with an aim to fuel imagination and inspire the next generation through the power of toys and play.  That means providing toys and experiences for both children and also what it terms as “kidults”. What is key to note, though, is that Toys”R” Us is independent from the other Toys “R” Us companies we see in the rest of the world. For Toys “R” Us Asia specifically, its footprint spans across Mainland China, Japan, Malaysia, Hong Kong, Taiwan, Singapore, Thailand and Brunei. The firm also licences over 90 additional stores in the Philippines and Macau. Now, Toys “R” Us Asia  is an interesting company to look at because of how drastically the toy industry has changed globally in recent years.  According to a report by market research firm Circana out in June 2024, consumers aged 18 and above spent US$1.5 billion in toy-related purchases from January through April. The numbers meant that the adults outstripped the three-to five-year-old consumer group as the most important demographic age group for the toy industry.  But what opportunities does this present for toy retailers like Toys “R” Us Asia? And what will this mean in terms of store layouts, and products to bring on the shelves? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Leo Tsoi, CEO and Board Member at Toys“R”Us Asia.

Have you always wanted to help people? Is being a doctor the career you've always wanted but just didn't know how to start, or where to begin? On That's How! Roshan Gidwani uncovers some key points that can help you figure out if being a doctor is really for you or someone you know.  Source: 1.https://www.truity.com/blog/should-i-become-doctor 2. https://sg.indeed.com/career-advice/finding-a-job/doctor-career-path-singapore

For Singaporeans who grew up in this country, we pretty much know the ‘formula’ to succeeding in life: acing the system through good grades and then finding a decent job. This is, however, not how life has been for Workato’s CEO, Vijay Tella.  The realities of growing up in India during the 50s and 60s shaped his nuanced outlook on how societal factors need to work hand-in-hand with a certain degree of luck for one to have a ‘decent’ life.  Vijay has led a few start-ups to success, and he prides this streak of excellence to the workplace culture that he brings to these companies. On R.I.C.H, Hongbin Jeong and Roshan Gidwani speaks with Vijay Tella, CEO, Workato to find out more about his perspective towards life, from the boy who grew up in hardship in India and to the CEO now running a business.

Mothers hold a special role at their child's wedding, often facing unique challenges in fashion and styling. Balancing tradition with modern trends and fitting the wedding theme can be tricky. Here enters Lorraine Lee, Founder and Creative Designer of Zion Creation, brings over 30 years of experience in creating elegant cheongsams and gowns for mothers. She offers expert insights into current fashion trends, timeless styles, and practical advice for navigating multiracial weddings while respecting cultural and religious customs. On Culture Club, Hongbin Jeong and Roshan Gidwani talk with Lorraine Lee, Founder and Creative Director of Zion Creation, about how mothers can balance tradition, modern trends, and cultural customs in their wedding attire. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada (alexparada@sph.com.sg) and Meng Choon Chua Want to get featured on our show? Drop me an email today!