Money Matters with Hongbin Jeong and Chua Tian Tian

The securities market is in focus today as we speak to one of the founding clearing members of the Singapore Exchange Derivatives Trading or (SGX-DT).  Inaugurated some 40 years ago in 1983 as Phillip Futures, our guest for today is multi-asset broker Phillip Nova.  As a member of the PhillipCapital Group, the company has grown over the years and now prides itself as one of the region’s top brokers for the trading of CFD, Forex, Futures and Stocks.  It also taps PhillipCapital Group’s network companies to access exchanges around the world, including the Singapore Exchange, the Hong Kong Exchange, the Japanese Exchange Group, the New York Mercantile Exchange, the COMEX and more.  The company was rebranded in Phillip Nova in 2022 after the firm received its own securities brokerage licence to broaden its service offerings.  Its CEO had said then that the rebranding initiative was meant to reflect the brokerage’s expanded suite of offerings ranging across five asset classes namely: stocks, futures, forex, commodities and CFDs.  But Phillip Nova is an interesting company to talk about not just because of the rebranding initiative, but also because of the markets it is eyeing on in a bid to drive growth.  For one thing, the firm had in March this year offered the trading of Istanbul-quoted futures.  Representatives of its parent company, PhillipCapital had also met up with the senior management team of the regulator of financial services in the Republic of Kazakhstan, on the sidelines of the Kazakhstan-Singapore Business Forum that took place in May last year.  But what are the opportunities in these markets, and how will Phillip Nova partner up with industry players to deepen its stock trading links in order to penetrate into these relatively untapped markets? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Teyu Che Chern, CEO, Phillip Nova.

The Wizard's Brew is a Harry Potter-themed dessert café and bar in Chinatown. Nestled in a charming shophouse, this magical spot offers an immersive experience with wizard-themed decor, interactive photo spots, and enchanting menu items like the Phoenix Fire cocktail and Witches Hat dessert. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Ashley Tan, Manager, The Wizard's Brew, to find out more how you can experience the magic in Singapore. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada (alexparada@sph.com.sg) Want to get featured on our show? Drop me an email today!

On What's Trending, Heinz has released the Every Sauce, a combination of 14 flavours, which has divided condiment fans. Also, the annual World's Ugliest Dog contest, held at the Sonoma-Marin Fair in Petaluma, California, has revealed the world's ugliest dog, Wild Thang, an 8-year-old Pekingese. Wild Thang, who contracted a virus as a puppy, has permanent damage to his teeth, tongue, and leg, and has never had a hair cut.

There’s corruption in India’s examination system. Teachers and people who run exam centres are creating this situation which is making exam goers anxious and upset. Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea, collectively. 

From Champs to Chumps? That's what reigning Singapore Premier League champions Albirex Niigata are being accused of after the suffered a 7-1 thumping at the hands of the Lion City Sailors on Sunday. With just one win thus far, is the 2024/25 season already a write off for Coach Kazu and co.? Deepanraj Ganesan, sports reporter with The Straits Times, is in the Sports Minutes hot seat to dissect and discuss all the SPL action from the weekend. Got a story to tell? Get in touch with us! raushan@sph.com.sg

Singapore equities were muted at the opening bell today, echoing sentiments on Nasdaq where chipmaker Nvidia registered its second straight day of losses on Friday, closing down 3.2%.  In the morning, the Straits Times Index (STI) opened 0.01 per cent lower at 3,305.84 points after 32.5 million securities changed hands in the broader market. In terms of companies to watch, we have Prudential, after the Asia-focused insurer yesterday announced the launch of its US$2 billion share buyback programme, which is expected to be completed no later than mid-2026.  Elsewhere from Singapore’s latest inflation numbers to China luring US$2.3 billion of Middle East sovereign money in 2023 – more local and international headlines remain in focus.  Also on deck, how TikTok’s parent ByteDance is reportedly working with US chip designer Broadcom on developing an advanced artificial intelligence processor to help the social media firm secure supply of high-end chips amid US-Sino tensions. On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

21 Carpenter is a boutique heritage hotel in Singapore. Originally a remittance house and the birthplace of banking in Singapore, the hotel has been reimagined by blending historical elements with contemporary design. On Culture Club, Hongbin Jeong and Roshan Gidwani speaks to Tarun Kalra, General Manager, 21 Carpenter, to find out more. Presented by: Hongbin Jeong and Roshan Gidwani Produced and Edited by: Alexandra Parada (alexparada@sph.com.sg) Want to get featured on our show? Drop me an email today!

On What's Trending, Krispy Kreme is launching "Friends"-themed doughnuts for its 30th anniversary, but only available in the UK and Ireland, which has caused a stir on social media, with fans feeling annoyed and confused by the decision-making process. Also, a rare early Beatles single is expected to sell for up to £9,000 at auction, attracting interest from bidders worldwide. The 1962 demonstration record contains the band's hit songs Love Me Do and P.S I Love You and is one of only 250 in the world.

Would you leave your cushy job to pursue your passion? Athena Lee left her position as a CEO of a company to start her Zumvet, a leading telehealth service for veterinary care. That's right, you can now bring the dog-tor to your pet, from the comforts of your home! Athena Lee, Co-Founder & CEO at ZumVetshares why she left a cushy job to be an entrepreneur, and the lessons she’s learnt along the way. Presented by: Hongbin Jeong and Roshan Gidwani Feature produced and edited by: Nadiah Koh  Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg

Why are Disney workers suing the company for damages? In a proposed class action lawsuit, these staff are accusing the media giant of misrepresenting its plans.  Roshan Gidwani, Hongbin Jeong and Chua Tian Tian spill the tea, collectively.