Reset with Lynlee

After two relatively quiet years, the IPO market is seeing a burst of activity. Sandal company Birkenstock is the latest shoe to drop, but in a tough IPO market. Several companies including Arm, Instacart, and even Klaviyo, which looked like it was going to be the shining star out of this year’s debutants, have seen their share prices slump after their listing.  What’s happening in the IPO market?...

Amid growing macro risks and elevated interest rates, Singapore lenders face the probability of default across mortgages, unsecured retail and SMEs. But amongst our local banks - which bank’s default risk loan profile proves to be a bright spot? And who’s lagging behind? On Money in the Market, Hongbin Jeong speaks to Rena Kwok, Credit Analyst, Asian Financials, Bloomberg Intelligence , to find ou...

On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist at the SGX, for a market wrap of the week. They take a closer look at how the STI performed in the past week; the biggest movers; Singapore's retail sales data and what that means for the economy; what to expect on Singapore's Q3 GDP next week; as well as whether the MAS will stand pat at its next monetary policy meeti...

The abnormal sense of calm in volatility may have led some investors to see the market lull as an all-clear sign to buy stocks. But that could spell trouble for investors. There are some risks that have been masked by the low volatility. So what should investors be wary of? And how can investors mitigate these market concerns if there’s a sudden spike in volatility in markets? On Money in the Mark...

Over 60 percent of US companies expect ESG backlash to continue or increase over the next two years. That’s according to a recent report by The Conference Board. As anti-ESG backlash and confusion around ratings muddies the waters - how can corporates best navigate? Rachel Kelly speaks to Tim Mohin,  a global Partner and Director with Boston Consulting Group or B-C-G. He is the former CEO of carbo...

October is one of the scariest months for the stock market. The October effect is the perception that stock markets decline during this month.  So seeing how this week has kicked off, will we see another month of losses? Or will markets U-turn and surprise investors to the upside?  On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova , to find out what spooky th...

Ringing in a new era of hope for climate action. That is the weight that hangs above this year’s conference of parties or COP28. COP28 President-Designate, Dr Sultan Al Jaber literally did that in New York as the first COP president to ring the New York Stock Exchange bell to help raise awareness of climate finance in the US business community. Rachel Kelly has the latest in this week's Eco Money....

According to a recent research commissioned by ICAEW as part of their economic update for Q3 2023, Oxford Economists foresee a more apparent slowdown in growth across South-East Asia this quarter, including in Singapore.  So what will this mean for the region? And what’s driving this pessimistic outlook for ASEAN economies?  On Money in the Market, Hongbin Jeong speaks to Dr Arup Raha, ICAEW Econo...

In a dramatic step forward over the weekend, Washington saw last ditch moves to prevent a US government shutdown with Democrats overwhelmingly backing an eleventh-hour Republican measure to keep federal funding going for 45 days. The against-the odds deal to avert a shutdown is now soothing nerves across Wall Street, after a turbulent week of interest-rate spurred market disruptions.  But it looks...

The so-called “higher for longer” mantra is now the official stance of many major central banks. So is the cycle of rate hikes far from the end? What kind of impact will this then have on the global economy? Should you be concerned? On Money in the Market, Hongbin Jeong speaks to Shawn Sng, Credit Research Analyst, Fixed Income at Phillip Securities, a member of PhillipCapital , to find out more....

On The Afternoon Update, Hongbin Jeong speaks to Emelia Tan, Research Analyst, SGX for a market wrap of the week. They discuss how the STI performed in the past week; the biggest movers; listing of TSH Resources Berhad; high oil prices and its impact on Singapore's shares; Singapore's inflation numbers; as well as how a potential US government shutdown could impact global markets in the coming wee...

Singapore’s stock market largely followed global market sentiment with major central banks and their interest rate decisions in focus. So how are markets faring this week? What are some investment strategies we should explore when trading on the stock market here in Singapore? On Money in the Market, Hongbin Jeong speaks to Too Juncheong, Equity Dealer, Moomoo Singapore , to find out more.    High...

It's now all too familiar: Federal Reserve officials have signalled to the world that interest rates are not dropping anytime soon. And another rate hike is in store before the end of the year.  So what’s now the outlook on US markets?  And is multi-asset investing providing a foundation for successful income investing with this backdrop?  On Money in the Market, Hongbin Jeong speaks to Todd Brigh...

China's property market woes are going from bad to worse. A Bloomberg Intelligence gauge of Chinese developer shares fell 1.2% today, a day after dropping the most this year as the crisis at real estate giant China Evergrande Group entered a new phase. The developer scrapped key creditor meetings and said it must rethink its debt overhaul plan, raising the risk of a liquidation of the nation’s mos...

Singapore’s core inflation moderated further in August from a year ago. This reflected improvements to supply chains and lower import costs that give its central bank more breathing room to extend its pause on monetary tightening. Official data showed that core inflation, tracked by the Monetary Authority of Singapore to determine policy settings, came in at 3.4% last month. The measure, which exc...

On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist, SGX for market wrap of the week. We find out how the STI fared in the past week; the biggest movers; the benefits of Singtel's sale of a 20 percent stake in its Southeast Asia data centre business; what's attracting CapitaLand Investment to the South Korean market; why Singapore's NODX numbers continue contracting; an...

Higher for longer US interest rates coupled with the outperformance of the US economy are keeping the uptrend in the US dollar intact. The greenback has re-confirmed its status as king and continues growing stronger as US Federal Reserve chief Jerome Powell delivered what was expected: a hawkish pause. On Money in the Market, Hongbin Jeong speaks to Simon Harvey, Head of FX Analysis at MonFX , to...

The US Federal Reserve held interest rates steady overnight, as was widely expected. Fed Chair Jerome Powell made clear that the central bank is almost done raising interest rates, but his colleagues delivered the message that resonated: borrowing costs must remain higher for longer amid renewed strength in the economy. So will rates stay higher for longer?  On Money in the Market, Hongbin Jeong s...

China’s stuttering economy has been one of the biggest threat to global commodities demand, as economic activity and credit flows in the world’s top buyer deteriorated sharply and put Beijing’s modest growth targets at risk. But with the second largest economy now showing some signs of recovery, are commodities seeing a rebound as well? And how are oil and gold prices faring ahead of the US Fed's...

The dust has settled on this year's F1 weekend in Singapore, a massive global event that attracts spectators from across the globe.  And like many large scale events it has announced energy goals, the Singapore Grand Prix has  pledged to reduce 50% of their energy emissions by 2028. How will this be achieved? And what do businesses need to know about net zero events? In this week's Eco Money, Rach...

The US Federal Reserve's updated forecasts for its benchmark interest rate - due Thursday morning Singapore - are looming as a potential decider for a Treasuries market at risk of a third year of losses.  The two key questions are whether policymakers retain expectations for one more 25 basis-point rate hike by year-end, and how much easing they are pencilling in for 2024. The Federal Open Markets...

Singapore's non-oil domestic exports contracted for the 11th straight month in August, falling by 20.1 per cent, with both electronics and non-electronics seeing a decline. Is this a worrying sign for the economy? And what is the outlook for the Chinese economy given last week's improved data? Investors are also looking ahead to an action-packed week that includes Federal Reserve and Bank of Japan...

A bond market signal that has shown warning signs for months suggests an economic recession could still be on the horizon. According to data from Bloomberg, the 10-year and 3-month yield curve has been inverted for 212 straight trading days. This is a record that just surpassed the 1980 inversion and is now the longest stretch since at least 1962. The yield curve inverts when short-dated Treasurie...

On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist, SGX for market wrap of the week. We find out how the STI fared in the past week; the biggest movers; how a newly-launched equity ETF - the largest in Singapore - between SGX and BlackRock, can spur sustainable investing in Asia; the growth opportunities Temasek Holdings is exploring in the Chinese market; and how Sing...

US inflation accelerated in August for the second consecutive month, pushed up by rising gas prices. According to data from the Bureau of Labor Statistics, core inflation, however - which excludes volatile food and energy prices - continued to slow. The Consumer Price Index, a closely watched inflation gauge, rose 3.7% in August from a year earlier, up from July’s 3.2% rise.  On a month-to-month b...