Singapore stocks opened stronger today following overnight gains on global markets as easing tensions in the Middle East boosted investor confidence.

In early trade, the Straits Times Index (STI) rose 1 per cent to 3,258.07 points after 76.6 million securities changed hands in the broader market.

In terms of companies to watch, we have CapitaLand Ascendas Reit. Its manager yesterday reported a higher average rental rate of 16.9 per cent for leases renewed in the first quarter of 2024, up from 15.2 per cent in the previous quarter. 

Elsewhere, from a media report on how China acquired recently banned Nvidia chips in Super Micro and Dell servers, to bubble tea brand Chabaidao’s trading debut on the Hong Kong Stock Exchange, more corporate and international headlines remain in focus.

On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.

Singapore stocks opened stronger today following overnight gains on global markets as easing tensions in the Middle East boosted investor confidence.
In early trade, the Straits Times Index (STI) rose 1 per cent to 3,258.07 points after 76.6 million securities changed hands in the broader market.
In terms of companies to watch, we have CapitaLand Ascendas Reit. Its manager yesterday reported a higher average rental rate of 16.9 per cent for leases renewed in the first quarter of 2024, up from 15.2 per cent in the previous quarter. 
Elsewhere, from a media report on how China acquired recently banned Nvidia chips in Super Micro and Dell servers, to bubble tea brand Chabaidao’s trading debut on the Hong Kong Stock Exchange, more corporate and international headlines remain in focus.
On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

The Evening Runway with Hongbin Jeong, Roshan Gidwani and Chua Tian Tian

The Evening Runway with Hongbin Jeong, Roshan Gidwani & Chua Tian Tian (4pm - 7pm)

Market View: Singapore’s inflation numbers; CapitaLand Ascendas Reit’s higher average rental rate, Keppel Reit’s net property income up 7.2% yoy in Q1; Gojek, ComfortDelGro Taxi to dispatch untaken ries to each other’s platform; Bubble tea craze vs Chabaidao’s nearly 40% slump in HK debut; Reuters report on Chinese entities acquiring advanced Nvidia chips in server products made by Super Micro Computer, Dell, Gigabyte Technology

Classic cars evoke feelings of nostalgia. Avid collectors say it's a a celebration of engineering, elegance, or a measure of status.

But there’s more to classic rides than just old world charm and prestige.

According to the Knight Frank Luxury Investment Index, classic cars have been one of the best-performing assets globally, sometimes outperforming the more traditional asset classes, over the years. 

But what exactly makes classic cars such a good investment? How do you get started on owning a piece of automotive history in Singapore?

Kumar Balasingam, Founder and President, Classic Car Club Singaporeshares some tips. 



Presented by: Hongbin Jeong and Roshan Gidwani

Feature produced and edited by: Nadiah Koh and Aaron Lam

Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg



Joining us in the studio today is Kumar Balasingam, Founder and President, Classic Car Club Singapore.



He’s been collecting classic cars for over 3 decades.

Classic cars evoke feelings of nostalgia. Avid collectors say it's a a celebration of engineering, elegance, or a measure of status.
But there’s more to classic rides than just old world charm and prestige.
According to the Knight Frank Luxury Investment Index, <a href="https://www.businesstimes.com.sg/companies-markets/transport-logistics/classic-cars-are-gaining-traction-among-rich-should-you">classic cars have been one of the best-performing assets globally</a>, sometimes outperforming the more traditional asset classes, over the years. 
But what exactly makes classic cars such a good investment? How do you get started on owning a piece of automotive history in Singapore?
Kumar Balasingam, Founder and President, <a href="https://www.classiccarclubsg.com/">Classic Car Club Singapore</a> shares some tips. 
 
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg
 
Joining us in the studio today is Kumar Balasingam, Founder and President, Classic Car Club Singapore.
 
He’s been collecting classic cars for over 3 decades.

R.I.C.H: Where to park your money? Invest in classic cars

On Spill the Tea, two CFOs have violated their company's code of ethics by delaying payments to vendors and speeding up the company's collection of receivables. 

On Spill the Tea, two CFOs have violated their company's code of ethics by delaying payments to vendors and speeding up the company's collection of receivables.

Spill the Tea: What did the CFOs do that was so scandalous?

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Is there is more to Siem Reap than the famous Angkor Wat? The short answer is yes!

Whether it is culture, nightlife, or pure relaxation you're looking for, this city in northwestern Cambodia is perfect for a short getaway.

And what better way to complement your holiday than a stay at The Aviary Hotel, an eco-friendly sophisticated urban oasis with 43 rooms nestled in the heart of Siem Reap.

Luxurious, welcoming, and personal, it offers a uniquely Cambodian twist to a modern environment.

We uncover the secrets of Siem Reap beyond the tourist trail with Joffrey Thin-Gris, General Manager, The Aviary Hotel.



Presented by: Hongbin Jeong and Roshan Gidwani

Feature produced and edited by: Nadiah Koh and Aaron Lam

Do you have a story to tell on The Evening Runway show? Contact nadkoh@sph.com.sg

Is there is more to Siem Reap than the famous Angkor Wat? The short answer is yes!
Whether it is culture, nightlife, or pure relaxation you're looking for, this city in northwestern Cambodia is perfect for a short getaway.
And what better way to complement your holiday than a stay at <a href="https://theaviaryhotel.com/?sjrncid=GA_20376777482&amp;sjrnaid=GA_665920605963&amp;gad_source=1&amp;gclid=Cj0KCQjwltKxBhDMARIsAG8KnqUEFWepCjuguZcEh-IlatjTl8Un7Jt0xN4lVH-tMguaqDOhVBVkC2AaAh1cEALw_wcB&amp;gclsrc=aw.ds" data-saferedirecturl="https://www.google.com/url?q=https://craftc-dot-yamm-track.appspot.com/2UNqt37z3Lza75SwVIWT-McccdfPT9kF1VAcKOGysmoF8pTvLjgEP-hJLJwmdl4TjBpthIlXWeJM1a7I9oNBqF1GS2OscSe5vGu7yASlYParUVV54j0YzmnSs4QZDhSGA4k6IW_yf57MqgKexccwptoeGyOSvC0v7o8uOHhJpZAeeQpA&amp;source=gmail&amp;ust=1714817122100000&amp;usg=AOvVaw1geHU8m9G7xLVlJL9KH7Mn">The Aviary Hotel</a>, an eco-friendly sophisticated urban oasis with 43 rooms nestled in the heart of Siem Reap.
Luxurious, welcoming, and personal, it offers a uniquely Cambodian twist to a modern environment.
We uncover the secrets of Siem Reap beyond the tourist trail with Joffrey Thin-Gris, General Manager, The Aviary Hotel.
 
Presented by: Hongbin Jeong and Roshan Gidwani
Feature produced and edited by: Nadiah Koh and Aaron Lam
Do you have a story to tell on <a href="https://www.moneyfm893.sg/shows/the-evening-runway-with-hongbin-jeong-roshan-gidwani-chua-tian-tian/">The Evening Runway </a>show? Contact <a href="mailto:nadkoh@sph.com.sg">nadkoh@sph.com.sg</a>

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