Your Way Home with Hongbin Jeong

US non-farm payrolls rose 315,000 in August, a little lower than the 318,000 expected by Dow Jones economists, but will the data is enough for the Fed to change their minds on a jumbo rate hike come September? 

At the same time, Russia’s Gazprom has announced an indefinite shutdown of its key Nord Stream 1 pipeline to Germany after G7 countries agreed to impose a price cap on Russian oil. Have this foreshadowed the positive sentiments over the US jobs report?

And in currency news - the Yen has crossed the psychological 140 mark against the dollar. Bitcoin, meanwhile, falling below the US$20,000 support level. Where will the Yen and Bitcoin move in the near term?

On Market View, Prime Time's finance presenter Chua Tian Tian broke down the market action with Craig Erlam, Senior Market Analyst, UK & EMEA at OANDA. 

 

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Retailers are coming back with in full force for the upcoming The Great Singapore Sale, timed to coincide with the return of the Formula One Grand Prix, which is expected to bring in an increasing number of visitors to the country.

Shopping is expected to stay hybrid with two modes, online and offline, hoping to help sellers attract more buyers and compensate for the loss of the past two years.

Prime Time’s Bharati Jagdish speaks with Priyanka Gargav, Head of Commercial, Southeast Asia & Hong Kong, at payments platform, Adyen to find out more. 

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Most local businesses have pledged to comply with the Singapore Green Plan 2030, showing the determination to deal with climate change.

But according to the Schneider Electric’s “Singapore Green Pulse Survey”, Singaporeans are still uncertain that the country can accomplish its climate goals n the coming years.

Prime Time’s Bharati Jagdish speaks with Yoon Young Kim, Cluster President, Singapore, Malaysia and Brunei, Schneider Electric to find out more. 

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12 percent of Singapore's national waste comes from food.

As such, reducing food waste, redistributing unsold or excess food and recycling food waste are among the goals of the national waste management approaches towards a Zero Waste Nation.

In the Spotlight on Prime Time, Bharati Jagdish speaks with two young entrepreneurs, Tan Shi En, Founder & CEO of EzCompostr, and Gabriel Yang, Co-Founder & CTO, EzCompostr, on their passion and mission in turning waste into a vehicle of change.

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The Building and Construction Authority (BCA) has issued a stop-work order to builders at the Housing Board Clementi NorthArc Build-To-Order (BTO) construction site after a landslide on Friday morning caused damage to the Ulu Pandan Park Connector.

On the Straits Times The Big Story, Multimedia Journalist, Cheow Sue-Ann speaks with David Ng, Chairman, Institute of Engineers, Civil and Structural Technical Committee, to shed some light on the possible causes and implications of the landslide.

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Urban aerial mobility vehicles, or flying cars to the man in the street, has become increasingly in the spotlight these days. While the market is still nascent, some venture capitalists are already putting their money into the industry, which was valued at US$2.7 billion according to some sources. 

But how do startups overcome regulatory hurdles to develop vehicles that can be used by a wide range of customers? What is their market positioning and pricing strategy? Just how much money is up for grabs for them to take the risk to venture into the urban aerial mobility market?

On Market View today, Prime Time's finance presenter Chua Tian Tian speaks to Dr. Neo Kok Beng, CEO & Founder of NEO Aeronautics to find out more.

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Cryptocurrencies experienced a detrimental deflation in its value in the last quarter. Consequently, some companies had to close down their operations and put a termination on recruitment. Around 1,700 workers were laid off globally in June. Prime Time’s Bharati Jagdish speaks with Dr. Julian Hosp, CEO and Co-Founder of Singapore-based decentralised finance platform, Cake DeFi to find out more. 

 

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It’s officially mask-free days starting Aug 29 (Monday), as it is made optional indoors.

But is it okay to do so, especially for people who are still Covid-free?

On Prime Time, Bharati Jagdish speaks with Dr Leong Hoe Nam, an infectious disease specialist at Mount Elizabeth Novena Hospital, Singapore, to find out more

Highlights: 

00:58 Is it entirely safe now to remove our masks now? 

03:10 Why do you recommend we should still keep our masks on? 

04:44 What would a universal vaccine mean to a fight against Covid? 

07:44 Do you think mask mandate will be back again with another wave of reinfections? 

08:22 What is your view on the regime in our fight against Covid moving forward? 

09:01 Should we still mask up onboard a plane? 

 

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With the current shift in the technology landscape, virtual reality puts great pressure on companies regarding optimisation in growth and current customer retention.

To maintain the resilience of the business, a survey by Harvard Business Review and Salesforce proved that it is crucial for every business to create a superior customer experience, which helps boost revenue and lower costs.

In the Spotlight, Prime Time’s Bharati Jagdish speaks with Edward Hutchins, the product lead for Thoughtworks to find out more. 

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US stocks have failed to wriggle their way out of an earlier market rout after Federal Reserve Chair Jerome Powell reiterated the central bank's resolve. Can we expect markets to bottom out over the next week? Will the US nonfarm payrolls report report out tomorrow make any difference to current market sentiments? 

In the meantime, what are the latest developments affecting oil prices and would we see a despite in global markets? 

And in company news - Elon Musk filed another notice to terminate the acquisition of Twitter. What is the Tesla's chief's true intentions really? 

Back home, which are the stocks that investors here in Singapore should be looking at? 

On Market View today, Prime Time's finance presenter Chua Tian Tian spoke with Terence Wong, CEO of Azure Capital to get you all the details you need to know this week.

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