Reset with Lynlee

The toxic brew of soaring inflation, higher interest rates, softening consumer demand and increasing concerns about an imminent recession are hitting every corner of the technology world. But how are telco stocks doing amidst all of this? On Money in the Market, Hongbin Jeong speaks to Sachin Mittal, Executive Director, Head of telecom, media and technology research at DBS to find out more on telco's performance in the currently market including those of Singtel and StarHub.

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Every year an estimated 92 million tonnes of textile waste is created globally. That’s the equivalent of one rubbish truck full of clothes dumped into a landfill site every second. Why is this a problem - well, textiles often contain micro plastics and other pollutants. To help tackle textile waste in Singapore, City Sprout has partnered Cloop to launch what it says are the first textile bins here. 

Rachel Kelly finds out more from Chee Zhi Kin, Co-founder, City Sprouts.

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Singapore's economy grew slower than expected in the second quarter this year, according to flash estimates. And in a surprise move, the Monetary Authority of Singapore has further tightened its Singdollar policy stance. It’s now making room for a stronger Singapore dollar to douse the impact of rising global prices. On Money in the Market, Hongbin Jeong speaks to Song Seng Wun, Economist at CIMB Private Banking to discuss Singapore's GDP Quarter 2 estimates and the surprise move by the MAS. 

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Gynaecological cancers are amongst the top 10 most common cancers affecting Singaporean women today - yet Dr Jack Chan, Consultant, Division of Medical Oncology, National Cancer Centre Singapore says more awareness is needed around early detection - the Afternoon Update's Rachel Kelly finds out why.

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On Money in the Market, Hongbin Jeong speaks to Lim Jun Kit, Strategist at Phillip Nova to discuss forex in the current market; with focus on the euro sinking to within a whisker of parity with the dollar; the US dollar strengthening ahead of the Fed's interest rate hike decision later this month; and the continuous weakness of the Japanese yen amid the central bank's commitment to its ultra-loose monetary policy.

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ESG issues have become a priority for many businesses of late. What exactly do fun, health, leisure, and other millennials' values have to do with ESG investment trends? Rachel Kelly finds out from Julie Saussier, Senior Equity Analyst, Consumer Goods and Daniel Rupli, Head of Single Security Research on Climate Change, Credit Suisse.

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On Money in the Market, Hongbin Jeong speaks to Vishnu Varathan, Head of Economics & Strategy, Asia, Mizuho Bank to talk about another hot inflation report and the start of earnings season, which are expected to make this week a bumpy ride in markets; with focus on expectations for US inflation data for June; Bank of Korea's expected 50 basis point rate hike; and Japan's central bank committing to its ultra-loose monetary policy even as the yen weakens. 

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On the Soul of Business, while conversations around digital transformation are largely centred on the benefits digitalisation can bring to businesses, non-profit organisations (NGOs) can also reap efficiencies. Melissa Hyak speaks to Fannie Lim, Executive Director of Daughters of Tomorrow to find out how one NGO is helping women in Singapore out of poverty by leveraging digitalisation.

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On Health Suites, Justin Bieber’s recent experience with Ramsay Hunt syndrome has thrown light on the importance of protection against shingles and herpes zoster virus. Shingles, also known as Herpes Zoster, is a painful disease caused by the reactivation of the same virus that causes chickenpox that can affect up to 1 in 3 people. Additionally, the risk of shingles can be elevated for up to six months after a COVID-19 diagnosis. Melissa Hyak speaks to Dr Leong Hoe Nam, Senior Consultant Infectious Disease Physician at Rophi Clinic, Mount Elizabeth Novena Hospital to find out more about this disease and how vaccines are important to protect us against these diseases.

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On Market View, Melissia Hyak is joined by Geoff Howie, Market Strategist at the SGX to talk about inflation, with focus on how the key commodities gauge as plummeted since reaching an all-time high a month ago; more central banks in Asia hiking interest rates to tame inflation, including the central bank of Sri Lanka; while Morgan Stanley says bets that Asian central banks will keep ramping up interest rates are overdone; and what to expect for US inflation rate for June set to be released next year as well as Singapore's quarter 2 GDP estimates.

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