Luxury stocks saw a sharp decline in Europe last week, after a profit warning from the owner of Gucci laid bare a sharp slowdown in demand for high-end goods, especially in China. Shares of Gucci owner Kering plunged as much as 15%. Other luxury stocks also saw a similar decline - with LVMH down more than 3% at one point. So what’s driving the sudden decline in luxury stocks? Are luxury stocks no longer a safer investment choice to bet on China’s economic recovery? On Money in the Market, Hongbin Jeong speaks to Shirley Zhao, Consumer, Conglomerates and Gaming Reporter, Bloomberg, to take a closer look at luxury stocks. 

Luxury stocks saw a sharp decline in Europe last week, after a profit warning from the owner of Gucci laid bare a sharp slowdown in demand for high-end goods, especially in China. Shares of Gucci owner Kering plunged as much as 15%. Other luxury stocks also saw a similar decline - with LVMH down more than 3% at one point. So what’s driving the sudden decline in luxury stocks? Are luxury stocks no longer a safer investment choice to bet on China’s economic recovery? On Money in the Market, Hongbin Jeong speaks to Shirley Zhao, Consumer, Conglomerates and Gaming Reporter, Bloomberg, to take a closer look at luxury stocks.

Take a step back, refocus, and Reset with Lynlee.

Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world — from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what’s driving the headlines and where things are heading next.

Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.

Take a step back, refocus, and Reset with Lynlee.
Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world &mdash; from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what&rsquo;s driving the headlines and where things are heading next.
Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.

Reset with Lynlee

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Take a step back, refocus, and Reset with Lynlee.

Reset with Lynlee (1pm – 4pm)

Money in the Market: Are luxury stocks out of fashion now?

AI isn't a future story anymore. This week on AI & Me, Lynlee looks at three places artificial intelligence is showing up right now, and what it actually means for you.

From OpenAI's latest enterprise push to Google's Gemini on Android, and one story from a Singapore worksite that quietly says it all.

Three stories. One clear message: This is what AI actually looks like when it gets to work.

 

AI isn't a future story anymore. This week on AI &amp; Me, Lynlee looks at three places artificial intelligence is showing up right now, and what it actually means for you.
From OpenAI's latest enterprise push to Google's Gemini on Android, and one story from a Singapore worksite that quietly says it all.
Three stories. One clear message: This is what AI actually looks like when it gets to work.
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AI & Me: Your office, your phone, your worksite - AI in action

When a conflict thousands of kilometres away shows up in your grocery bill, your Batam ferry surcharge, and your school bus fee — fossil fuel dependence runs deeper than most of us realise. Alberto Salvo, Associate Professor and Dean’s Chair in the Department of Economics at the National University of Singapore’s Faculty of Arts and Social Sciences, has a clear message: the real risk isn't moving too fast away from fossil fuels, it's moving too slowly.

On Viewpoint, Salvo shares with Lynlee why Singapore is more exposed than it thinks, and what a genuine energy transition would need to look like. From EVs and Singapore's gas-powered electricity grid, to why fuel subsidies help the wrong people, the ASEAN Power Grid, Singapore's 2027 ASEAN chairmanship, carbon tax revenue, and whether the green transition can be fair for lower-income households.

 

When a conflict thousands of kilometres away shows up in your grocery bill, your Batam ferry surcharge, and your school bus fee &mdash; fossil fuel dependence runs deeper than most of us realise. Alberto Salvo, Associate Professor and Dean&rsquo;s Chair in the Department of Economics at the National University of Singapore&rsquo;s Faculty of Arts and Social Sciences, has a clear message: the real risk isn't moving too fast away from fossil fuels, it's moving too slowly.
On Viewpoint, Salvo shares with Lynlee why Singapore is more exposed than it thinks, and what a genuine energy transition would need to look like. From EVs and Singapore's gas-powered electricity grid, to why fuel subsidies help the wrong people, the ASEAN Power Grid, Singapore's 2027 ASEAN chairmanship, carbon tax revenue, and whether the green transition can be fair for lower-income households.
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Viewpoint: 'The risk is moving too slowly' — Singapore energy and oil

Recruiters increasingly use AI to sift through CVs, identify candidates, and streamline the hiring process.

But as hiring becomes more automated, are qualified job seekers being overlooked before a human even sees their application?

On AI & Me, Lynlee Foo discusses the growing role of AI in recruitment, its impact on job seekers, and how candidates can adapt to an increasingly automated hiring landscape.

Recruiters increasingly use AI to sift through CVs, identify candidates, and streamline the hiring process.
But as hiring becomes more automated, are qualified job seekers being overlooked before a human even sees their application?
On AI &amp; Me, Lynlee Foo discusses the growing role of AI in recruitment, its impact on job seekers, and how candidates can adapt to an increasingly automated hiring landscape.

Money in the Market: Are luxury stocks out of fashion now?

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