Singapore Airlines Group's net profit fell 48.5% YoY to $742m in H1 FY2024/2025 on weaker operating performance. Shares of the city's flag carrier dropped after it reported a slump in profits due to increased competition and higher fuel costs.  

Isaac Lim, Chief Market Strategist at investment platform moomoo Singapore joins The Afternoon Update to unpack details of the earnings release and shares his take on the charts for SIA's stocks.

Singapore Airlines Group's net profit fell 48.5% YoY to $742m in H1 FY2024/2025 on weaker operating performance. Shares of the city's flag carrier dropped after it reported a slump in profits due to increased competition and higher fuel costs.  
Isaac Lim, Chief Market Strategist at investment platform moomoo Singapore joins The Afternoon Update to unpack details of the earnings release and shares his take on the charts for SIA's stocks.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. 

We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

The Afternoon Update with Lynlee Foo

The Afternoon Update with Lynlee Foo (1pm – 4pm)

Market View: Unpacking Singapore Airlines' latest earnings release

Technology is driving the transition to a more sustainable future. Green tech innovations are at the forefront of the global sustainability push, offering practical solutions to some of the most pressing environmental challenges.

Recently, UOB FinLab, the Bank’s innovation accelerator, awarded a total of
more than $100,000 to selected Green Technology (GreenTech) firms to pilot 15 sustainability solutions with UOB and its corporate partners across ASEAN. The pilot solutions and partnerships were unveiled at the GreenTech Accelerator 2024 Showcase Day as part of Singapore FinTech Festival’s Insights Forum.

We find out more about the trends and developments in the green technology space with Marianne Tan, Programme Director at UOB FinLab, and Emmanuel Tay, CEO and co-founder of Circular Unite, which is behind one of the 15 pilots selected for funding by UOB FinLab. They share their insights on the green technology ecosystem and the ways industry players are addressing pain points in sustainability.

Technology is driving the transition to a more sustainable future. Green tech innovations are at the forefront of the global sustainability push, offering practical solutions to some of the most pressing environmental challenges.
Recently, UOB FinLab, the Bank’s innovation accelerator, awarded a total of more than $100,000 to selected Green Technology (GreenTech) firms to pilot 15 sustainability solutions with UOB and its corporate partners across ASEAN. The pilot solutions and partnerships were unveiled at the GreenTech Accelerator 2024 Showcase Day as part of Singapore FinTech Festival’s Insights Forum.
We find out more about the trends and developments in the green technology space with Marianne Tan, Programme Director at UOB FinLab, and Emmanuel Tay, CEO and co-founder of Circular Unite, which is behind one of the 15 pilots selected for funding by UOB FinLab. They share their insights on the green technology ecosystem and the ways industry players are addressing pain points in sustainability.

[SFF 2024 Special] Industry Insight:  Accelerating green technology to tackle climate change

The US dollar is soaring amid strong momentum to the upside following Donald Trump’s US election win. 

What does this mean for the USD / JPY pair and the carry trade? How will a strong dollar and impending tariffs impact the Chinese markets? How does the USD pair with the Singapore dollar in the current market conditions?

Yeap Junrong, Market Strategist at IG, weighs in with his views on the greenback. 

The US dollar is soaring amid strong momentum to the upside following Donald Trump’s US election win. 
What does this mean for the USD / JPY pair and the carry trade? How will a strong dollar and impending tariffs impact the Chinese markets? How does the USD pair with the Singapore dollar in the current market conditions?
Yeap Junrong, Market Strategist at IG, weighs in with his views on the greenback.

Market View: USD  hits 4-month high. How much more can it soar?

The global quantum computing market is estimated to be worth between US$45 billion and US$131 billion by 2040 (McKinsey). The single largest sector to be impacted is the financial services sector, with an estimated value at stake of US$450 billion.

To this end, the business world is rapidly transforming with two revolutionary technologies leading the charge; quantum computing and AI. Each of these technologies represents immense potential to redefine the boundaries of what's possible. This powerful fusion of quantum computing and artificial intelligence is emerging, and it promises to reshape our world in ways we can hardly imagine. 

Dipen Mehta, Head of Financial Services for SoftServe, a global IT consulting and digital services provider, sheds some light on the potential of quantum computing in financial services. 

The global quantum computing market is estimated to be worth between US$45 billion and US$131 billion by 2040 (McKinsey). The single largest sector to be impacted is the financial services sector, with an estimated value at stake of US$450 billion.
To this end, the business world is rapidly transforming with two revolutionary technologies leading the charge; quantum computing and AI. Each of these technologies represents immense potential to redefine the boundaries of what's possible. This powerful fusion of quantum computing and artificial intelligence is emerging, and it promises to reshape our world in ways we can hardly imagine. 
Dipen Mehta, Head of Financial Services for SoftServe, a global IT consulting and digital services provider, sheds some light on the potential of quantum computing in financial services.

Market View: Unpacking Singapore Airlines' latest earnings release

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