Reset with Lynlee

The dollar has continued to fall today, dropping to its lowest in two months against the reviving Japanese yen and losing ground on other peers. And that's as investors believe the Federal Reserve will hike interest rates at a less aggressive pace. Plus, the impact of a potential visit to Taiwan by Nancy Pelosi is also driving safe-haven flows to the yen. On Money in the Market, Peter Chia, Senior FX Strategist at UOB tells us more about forex in the current market. 

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Supply chain shocks and rising inflation have left an estimated 828 million people worldwide going hungry this year. But, less than  2 per cent of food waste is captured and circulated back into the ecosystem. 

What role can urban spaces play in tackling issues such as food waste and climate change? Rachel Kelly speaks to Kerryn Coker, Co-Chair of Arup to find out.

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When thousands of people want to stream the same content at the same time - technology is important. This year’s National Day Parade will be streamed via 5G by Singtel. 

Rachel Kelly speaks to Mark Chong, Group Chief Technology Officer, Singtel to find out more about the telcos journey to 5G rollout.

03:33: What will a 5G Singapore look like?

06:28: How are enterprises using 5G now?

08:00: What can viewers expect watching the National Day Parade via 5G?

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The dollar weakened last week on a less hawkish Fed, as the Federal Reserve raised interest rates by 75 basis points for the second straight month to tame inflation, and Fed chair Jerome Powell’s comments spurred hopes for a slower hiking path. But could there still be more upside to the dollar? On Money in the Market, Hongbin Jeong is joined by Ruth Carson, Senior Reporter for FX & Rates at Bloomberg, who tells us more about the King dollar and how it’s upending markets.

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Safe-haven demand and inflationary concerns have led to an increase in retail gold investment in Southeast Asia. But what impact will the continued inflationary environment have on gold prices? The Afternoon Update's Rachel Kelly speaks to Andrew Naylor, Regional CEO, APAC (ex-China) at the World Gold Council to find out. 

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On Money in the Market, Geoff Howie, Market Strategist at SGX gives a market wrap of the week, with focus on a slew of earnings reports out of Singapore, including UOB's net profit for the second quarter, and SIA's Q1 operating profit soaring on the back of surging travel demand; as well as further explains what it means for markets as US enters into a technical recession. 

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Would you purchase fashion accessories created using recycled Singapore Airlines aircraft parts? Well, now you can on Orchard Road.

This is part of the Textile and Fashion Federation's Be The Change campaign - a season-long initiative comprising a fashion sustainability summit, activations and workshops with partners uniting different communities for a greener future. 

The Afternoon Update's Rachel Kelly spoke to Carolyn Poon – Director, Sustainability, Textile and Fashion Federation Singapore to find out more. 

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Could we see Mobius Capital set up an office in the Metaverse? On Money in the Market, Hongbin Jeong is joined by the Indiana Jones of Emerging Markets, Mark Mobius as he explains his take on the Metaverse and whether he'd invest in the virtual emerging market. Mr Mobius also takes on topics including inflation, recession, and cryptocurrencies, and gives exclusive tips on how to invest in emerging markets. 

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The National Neuroscience Institute together with partners has piloted a new model of care to provide community-based support for seniors with moderate to advanced Parkinson’s Disease and their caregivers.

To find out more, The Afternoon Update’s Rachel Kelly spoke with  Associate Professor Prakash Kumar Manharlal, Senior Consultant, Department of Neurology, National Neuroscience Institute

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Gold may have lost some of its sparkle of late, but how low can the precious metal go? Could we see prices hit $1,500 per troy ounce? The Afternoon Update’s Rachel Kelly finds out from Avtar Sandu, Senior Commodities Manager for Phillip Nova.

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