It looks like Elon Musk will be part of the new incoming US government in January. 

President-elect Donald Trump has named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to help Trump get elected.

Musk and former Republican presidential candidate Vivek Ramaswamy will co-lead a newly created Department of Government Efficiency, an entity Trump indicated will operate outside the confines of government.

What exactly is the Department of Government Efficiency? Will this department bring any benefits to the government and the people of America? And what does this new role mean for Elon Musk? 

On The Big Story, Hongbin Jeong speaks with Pushan Dutt, Professor of Economics, INSEAD to find out more. 

It looks like Elon Musk will be part of the new incoming US government in January. 
President-elect Donald Trump has named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to help Trump get elected.
Musk and former Republican presidential candidate Vivek Ramaswamy will co-lead a newly created Department of Government Efficiency, an entity Trump indicated will operate outside the confines of government.
What exactly is the Department of Government Efficiency? Will this department bring any benefits to the government and the people of America? And what does this new role mean for Elon Musk? 
On The Big Story, Hongbin Jeong speaks with Pushan Dutt, Professor of Economics, INSEAD to find out more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

The Big Story: Will Elon Musk working with Donald Trump give him more power? 

Singapore shares began trading lower today, extending global equity market declines overnight.

In early trade, the Straits Times Index (STI) fell 0.7 per cent to 3,687.17 points after 47.8 million securities changed hands in the broader market.

In terms of companies to watch for today, we have Singtel. The telecommunications operator’s net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion, in the absence of a S$1.2 billion exceptional gain booked in the same period a year prior. 

Elsewhere, from US President-elect Donald Trump naming Tesla’s Elon Musk to a role aimed at creating a more efficient government, to how Asian markets are reacting to uncertainties surrounding another Trump presidency – more international headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Carl Ashton, Investment Counselor, Citi Private Bank.

Singapore shares began trading lower today, extending global equity market declines overnight.
In early trade, the Straits Times Index (STI) fell 0.7 per cent to 3,687.17 points after 47.8 million securities changed hands in the broader market.
In terms of companies to watch for today, we have Singtel. The telecommunications operator’s net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion, in the absence of a S$1.2 billion exceptional gain booked in the same period a year prior. 
Elsewhere, from US President-elect Donald Trump naming Tesla’s Elon Musk to a role aimed at creating a more efficient government, to how Asian markets are reacting to uncertainties surrounding another Trump presidency – more international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Carl Ashton, Investment Counselor, Citi Private Bank.

Market View: Trump names Elon Musk to co-lead Department of Government Efficiency; Luxury watch prices vs Bitcoin movements; SoftBank becomes first Nvidia customer to build supercomputer based on new Blackwell design; Earnings from Singtel, StarHub and more

It seems like it’s been a while since we heard about non-fungible tokens or NFTs. The hype around it from a couple years ago has indeed died down. A report published by NFTevening said that the market for NFTs has been in such a dramatic downturn since 2023 that 95 percent of them are considered “dead.”

So are NFTs truly dead? Is investing in NFTs even worth even looking at? 

On Wealth Tracker, Hongbin Jeong speaks to Chyi Yan Hshieh, Head of Business Development, Polygon, to find out more.

It seems like it’s been a while since we heard about non-fungible tokens or NFTs. The hype around it from a couple years ago has indeed died down. A report published by NFTevening said that the market for NFTs has been in such a dramatic downturn since 2023 that 95 percent of them are considered “dead.”
So are NFTs truly dead? Is investing in NFTs even worth even looking at? 
On Wealth Tracker, Hongbin Jeong speaks to Chyi Yan Hshieh, Head of Business Development, Polygon, to find out more.

Wealth Tracker: Are NFTs dead?

As pet ownership rises in Singapore, so has the level of care provided by owners. But what happens when you’re not around? Perhaps you’ve got holiday plans lined up and no one to care for your fur babies? 

A pet-sitter is a good idea, but they’re not only costly, it’s also hard to find a qualified and trusty pet-sitter at affordable rates. 

Meet Godpawrents, a newly-launched pet-sitting platform that aims to eliminate all those troubles.

on The Right Business, Hongbin Jeong speaks with Maurice Png, Founder, Godpawrents to find out more.

As pet ownership rises in Singapore, so has the level of care provided by owners. But what happens when you’re not around? Perhaps you’ve got holiday plans lined up and no one to care for your fur babies? 
A pet-sitter is a good idea, but they’re not only costly, it’s also hard to find a qualified and trusty pet-sitter at affordable rates. 
Meet G<a href="https://godpawrents.com/">odpawrents</a>, a newly-launched pet-sitting platform that aims to eliminate all those troubles.
on The Right Business, Hongbin Jeong speaks with Maurice Png, Founder, Godpawrents to find out more.

The Big Story: Will Elon Musk working with Donald Trump give him more power?

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