Money Matters with Hongbin Jeong and Chua Tian Tian

UltraLuxe, Singapore’s highly anticipated annual niche luxury festival, is returning this year from the 4th to the 13th of October for its third iteration. The epitome of opulence and exclusive experiences, UltraLuxe 2024 takes us on a journey through the realms of luxury. On Culture Club, Roshan GIdwani speaks with Angela Loh, CEO and Founder of UltraLuxe and Victor Lee, CEO of CIMB to find out more.  Presented by: Roshan Gidwani Produced and Edited by: Nadiah Koh (nadkoh@sph.com.sg) and Aaron Lam Want to get featured on our show? Drop us an email today!

On What's Trending, a man discovered he has been paying his neighbour's power bill for up to 18 years. After noticing his bill was increasing, he contacted his power company to investigate; the company discovered he was being charged for the neighbour's unit instead of his own. Also, squirrels boarded a train from Reading to Gatwick, forcing passengers to flee. Staff tried to lure the squirrels off with snacks and brooms, but they couldn't remove them.

If someone made a film about you and you didn’t like it, would you just buy it back? If you had the money, you might right? That’s exactly what Oprah did. Why? Because she’s a billionaire! What do The Evening Runway crew think? Press play because Roshan Gidwani 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.   

With the 15th edition of the Formula 1 Singapore Grand Prix set to light up the night sky this weekend, who will rule the streets? Can the in form McLarens secure their first win in the Lion City, or will the established likes of Verstappen and Hamilton come to the fore? Alex Yoong, former F1 driver & Matthew Marsh, F1 commercial consultant weigh in on Sports Minutes. Got a story to tell? Get in touch with us! raushan@sph.com.sg

There's many career paths to choose from? Have you ever becoming a therapist? What is it about psychology that intrigues you? Do you feel like you're a good listener On That's How! Roshan Gidwani uncovers some key points that can help you uncover whether this career path is for you.  Source: https://www.truity.com/blog/should-i-become-therapist

Calling once, calling twice and SOLD!  Today’s conversation takes us through the ins and outs of an auctioneer auctioning – no not rare art pieces or jewellery, but bottles of whisky.  Founded in 2015 by two brothers, our guest Whisky Hammer is a family run whisky auction service based in North East Scotland.  The firm said it hosts monthly auctions dedicated to whisky and other fine spirits, attracting over 200,000 buyers and sellers from every corner of the globe.  At these auctions, Whisky Hammer said it auctioned off a wide range of whiskies, both bottles and casks. The company also noted that it achieved the world record for the highest value cask ever sold at auction.  Whisky Hammer is an interesting company to look at because it is apparently backed by private equity investors over in Hong Kong. According to online website Drinks International, the firm and its sister company Still Spirit had in 2021 sold a 49 per cent stake to Hong Kong’s whisky investment group Rare Whisky Holdings.  But how far has Rare Whisky Holdings’ involvement in the firm helped it tap further growth or changed its direction for the future? Ownership structure aside, it is also worthwhile to look at Whisky auctioneers with whisky increasingly seen as a form of alternative investment. Broadly speaking, whisky prices are falling right now. In Knight Frank’s 2024 Wealth Report out in March this year,its Luxury Investment Index fell 1 per cent over the year pulled down by falling values in Whisky. But what will this mean for supply and demand of whisky bottles and casks, and what will this mean for auctioneers like Whiskey Hammer? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Daniel Milne, Managing Director of Whisky Hammer.

Singapore stocks began trading in negative territory today, despite gains in global equities overnight. In early trade, the Straits Times Index (STI) dropped 0.1 per cent to 3,628.46 points after 60.5 million securities changed hands in the broader market. In terms of companies to watch today, we have TalkMed Group. The tertiary healthcare services provider said yesterday that discussions on a potential acquisition of a stake in TalkMed are still in the preliminary stages and there is no guarantee that a transaction will take place. Elsewhere from more on CapitaLand Ascott Trust to the Bank of Japan’s decision to keep interest rates steady this time around, more corporate and international headlines remain in focus. Also on deck – all about CPF interest rates and the impact of the Singapore Grand Prix on hospitality plays. 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.

Looking forward to the Formula 1 night race in Singapore this weekend? When Formula 1 was preparing for the first Singapore Grand Prix 16 years ago, many were not convinced that a night race on a city track would ever work. Today, a quarter of the 24-race Formula 1 calendar takes place under lights. And many Formula 1 races have added elements Singapore included from its beginning. Some even drew direct inspiration from this event. But who's responsible for lighting up the night race in Singapore? Roberto Grilli, General Manager of DZE Asia has been lighting our city up for the races since the very first Singapore Grand Prix in 2008. But what led Roberto to make motorsport history, illuminating the world’s first-ever night race? On Culture Club, Roshan Gidwani speaks with Roberto Grilli, Global General Manager of DZE Asia to find out. Presented by: Roshan Gidwani Produced and Edited by: Nadiah Koh (nadkoh@sph.com.sg) and Aaron Lam Want to get featured on our show? Drop us an email today!

On What's Trending, scientists have discovered a new type of fish called the "grumpy dwarfgoby" in the Arabian Red Sea. The name refers to the fish's unhappy appearance, with its upturned mouth. Also, a Disney-themed house in Rhyl, Denbighshire, has been sold to a Disney fan who has visited over 20 times. The house features large murals of Disney characters, including ET and Star Wars franchise characters.

A star? Is that so? Is her brother: Eric Roberts to thank? That’s what he said in the past…But he has since apologised. Should Julia forgive him? 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.