Your Way Home with Hongbin Jeong

Singapore shares began trading in negative territory today, tracking overnight losses on Wall Street. 

In early trade, the Straits Times Index (STI) was down 0.6 per cent to 3,116.28 points after 72.7 million securities changed hands in the broader market. 

In terms of companies to watch today, we have OCBC, after it reported a 21.4 per cent rise in net profit for the third quarter. That’s supported by record growth in net interest income and higher non-interest income.

Elsewhere from ST Engineering and First Resources. to Meta striking a deal with Tencent to sell VR headsets in China, more corporate headlines remain in focus.

Also on deck today, Jerome Powell’s comments at the International Monetary Fund conference and his resolve to fight stubborning high prices in the US.

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.

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The fintech landscape in Singapore has evolved into a thriving ecosystem, cementing its position as a leading hub for fintech startups, established businesses and investors. While we are in the forefront in this scene, there is still a need for standardised procedures for identifying abnormalities and advanced solutions to combat vulnerabilities. 

So how can financial institutions leverage AI and emerging tech for greater bank security? 

Wen Huang, APAC Chief Technology Officer, SoftServe shares his views. 

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 We discuss our nation’s pride and joy, Singapore Airlines. SIA has posted a 55.4 percent-higher net profit of S$1.4 billion for the first six months of its financial year ended Sep 30, from S$926.9 million a year earlier. 

So what does this mean for the future of our national airline? 

Ven Sreenivasan, Associate Editor & Senior Columnist, The Straits Times shares his views. 

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Described by her peers and coaches as ‘Champagne Charmaine’, Charmaine Soh has 128 appearances for the Singapore Netball team and FOUR gold medals to boot. Having represented the nation for more than a decade, the 33-year old recently announced her retirement from the sport - after clinching the Nations Cup on home soil. She sat down to look back on her stellar career, and look ahead to what the future holds.

READ MORE: https://www.straitstimes.com/sport/after-128-games-for-singapore-netballer-charmaine-soh-retires-with-a-gold-medal

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Business travel has always been an integral part of the corporate world. But as we go into a post Covid-19 world, tighter corporate budgets and new ways of virtual working have permanently changed business travel. So are the days of high-flying, big-spending business travel over for good? Or have companies adopted a ‘cheaper’ way for business travel? 

Bertrand Saillet, Managing Director, FCM Asia shares his views. 

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Singapore stocks edged up this morning amid earnings reports.

In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,135.66 points after 62.6 million securities changed hands in the broader market. 

In terms of companies to watch, we have Singtel. The telco posted a net profit of S$2.1 billion for the first half ended September, 82.6 per cent higher than the S$1.2 billion posted in the same period last year.

Elsewhere, from more on StarHub and Food Empire Holdings’ earnings, to Fed chair Jerome Powell set to speak at about 3am tomorrow, more corporate and international headlines remain in focus. 

On Market View, The Evening Runway’s finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.

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The burden of cancer, mental illness and other diseases is growing and according to a report by Statista, residents aged 65 years and above make up 16.6 percent of the total resident population in Singapore. This makes early health intervention critical in addressing these national healthcare issues, 

So how is Johnson & Johnson Innovation – JLABS recent collaboration with EDB enabling and empowering emerging healthcare companies with the knowledge, experience and venture connections across a spectrum of pharmaceutical and medical technology sectors? 

Melinda Richter, Global Head, Johnson & Johnson Innovation – JLABS shares more. 

 

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Today we’re going to talk about a company that helps organisations navigate the most advanced cybersecurity threats in this day and age. 

Founded in January 2022 with the merger of McAfee Enterprise and FireEye, Trellix is a global company that helps firms gain confidence in the protection and resilience of their operations through its open and native extended detection and response (XDR) platform. 

The firm serves over 40,000 customers and nearly US$2 billion in revenue and touts itself as the market leader in the cybersecurity scene. 

But what exactly does it mean by extended detection and response? What are the products and services provided by the firm specifically, and what is the state of the firms’ operations post-merger?

Across the wider industry, Grand View Research values the global extended detection and response market at US$754.8 million in 2022 and expects it to grow at a compound annual growth rate of 20.7% from 2023 to 2030. 

But what are the growth opportunities for Trellix? And what are the trends to watch out for in the evolving security landscape?

On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Vicki Batka, Senior Vice President, Asia Pacific & Japan at Trellix.

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From the dawn of filmmaking, France has been a powerhouse of cinematic art. The country has cultivated a rich film culture and produced some of the most influential and acclaimed directors, actors, and films in the history of French cinema.

From 9th to 21st November 2023, the vOilah! French Film Festival returns in Singapore, boasting its biggest lineup yet. With a curation of 38 films that capture the essence of French cinema, the 39th edition promises an unforgettable journey through the realms of cinematic storytelling.

Ambassador of France to Singapore, Her Excellency, Minh-di Tang shares more on this year’s program and what it means to France-Singapore cultural relations.

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The Singapore national football team has been buoyed by the timely return of Safuwan Baharudin and Ikhsan Fandi - after both were named in the Lions' 24-man squad by Takayuki Nishigaya for the upcoming World Cup qualifiers second round fixtures against South Korea and Thailand. Having last played for the national team in June 2022, Safuwan has had to miss out due to concerns over medical clearance following successive head injuries. How has he worked his way back into the fold? Deepanraj Ganesan, sports reporter with The Straits Times, has the answers!

READ MORE: https://www.straitstimes.com/sport/football/safuwan-baharudin-ikhsan-fandi-return-for-lions-clash-with-south-korea-and-thailand

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