Your Money with Michelle Martin

What does one of the busiest malls in China have no shoppers, yet billions in sales? China’s growth may be slowing, but its transformation is accelerating. Join Michelle Martin as she chats with Willie Keng, Founder of Dividend Titan, who toured Shanghai and Hangzhou with institutional investors. Discover how live-streaming has become China’s most powerful consumption engine, why local brands like Proya are winning hearts, and how asset-light models are reshaping industries. This podcast includes a specially recorded "Easter Egg" where Willie shares his views on the rise of robotics in China from AI-driven hotels to its place in building technology. Investors, you don't want to miss this view of China’s new playbook.See omnystudio.com/listener for privacy information.

7 Nov 31min

From Singapore’s banking results to Elon Musk’s trillion-dollar payday - markets are buzzing with big money moves. Singapore’s three big banks - DBS, OCBC, and UOB - are showing their hand this earnings season, revealing who’s playing defense and who’s cashing in. Michelle Martin breaks down the numbers behind OCBC’s steady profits and DBS’s record highs, plus UOB’s caution. Across the Pacific, Trump’s deal with Eli Lilly and Novo Nordisk could reshape the obesity drug market. And Tesla’s US$1 trillion pay plan for Elon Musk? It’s the governance story investors can’t ignore. Plus, a quick game of Up or Down featuring Genting Singapore, SingTel, CapitaLand Investment, and SGX.See omnystudio.com/listener for privacy information.

7 Nov 14min

The private-credit boom promises high returns and flexibility - but is the shine justified? Private credit is booming - but beneath its reputation for stability and diversification lies a more complicated story. In this episode, hosted by Michelle Martin, Morningstar’s Senior Analyst Arvind Subramanian breaks down what private credit really is, why borrowers and investors are piling in, and the key marketing claims investors should interrogate. He explains how low volatility may reflect opacity rather than safety, why diversification benefits are overstated, and how floating rates can both protect and punish portfolios. We also unpack the hidden risks around leverage, liquidity, and covenant protection. Ultimately, private credit can play a role, but investors need to scrutinize fees, transparency, and risk.See omnystudio.com/listener for privacy information.

6 Nov 14min

Big earnings shocks and tariff twists keep markets on edge. DBS and UOB headline today as Q3 earnings diverge, with UOB hit by a 72% plunge while DBS holds up better than expected. In the U.S., tariff-linked stocks like Lululemon, Macy’s, and Mattel rallied as the Supreme Court heard challenges to Trump-era import duties. We also play Up/Down with McDonald’s, Pinterest, Snap, Apple, Google, HKEX, PropNex, and Yangzijiang Shipbuilding. Yangzijiang sinks after a major BlackRock selldown, while Singtel finds a bid. Hosted by Michelle Martin with Ryan Huang.See omnystudio.com/listener for privacy information.

6 Nov 21min

Singapore’s inheritance expectations are rising - and so are the stakes. Over half of Singaporeans say they expect to receive or have already received an inheritance, with one in five anticipating a million-dollar windfall. Michelle Martin unpacks Etiqa Insurance’s new Wealth Transfer Insights Report with Jess Tan, Chief Distribution Officer, Etiqa Insurance Singapore. They explore how Singaporeans are rethinking legacy, why financial literacy is key to managing sudden wealth, and what families can do to avoid conflict and ensure smooth intergenerational planning. Hosted by Michelle Martin. See omnystudio.com/listener for privacy information.

5 Nov 18min

Big brands, bold bets, and billion-dollar questions. Michelle Martin and Ryan Huang unpack Yum Brands’ plan to potentially sell Pizza Hut after a strong quarter led by Taco Bell and KFC. Plus, a check-in on Aramco, Pfizer, Spotify, and SIA Engineering’s earnings - who’s up, who’s down? Then, a look at Singapore’s new $1 billion wellness attraction, the Khoon Group sanctions fallout, and why Norway’s wealth fund is saying no to Elon Musk’s trillion-dollar pay deal. Hosted by Michelle Martin with Ryan Huang. See omnystudio.com/listener for privacy information.

5 Nov 18min

As interest rates tumble to three-year lows, Singapore’s homeowners are racing to refinance their HDB loans. Could now be the smartest time to switch from HDB’s 2.6% rate to a bank loan? Or are there hidden risks that could derail your savings goals? From lock-in penalties to cash rebates and the one-way nature of HDB refinancing, learn what every borrower needs to check before signing. Then, turn your attention to retirement - how much insurance coverage do you really need to protect your future without overpaying? Hosted by Michelle Martin with guest Daniel Sim, Founder of Golden Goose Properties. See omnystudio.com/listener for privacy information.

4 Nov 26min

The AI wave just got louder - Palantir posts a sixfold profit surge while Grab edges closer to sustainable profitability. Investors are also buzzing over Amazon’s mega cloud deal with OpenAI and Nvidia, and whispers of a CapitaLand–Mapletree merger shake up Singapore’s market scene. From global tech breakouts to local REIT speculation, Michelle unpacks the trends that could shape portfolios next quarter. Featuring insights on Palantir, Nvidia, Amazon, Grab, Jardine Matheson, and CapitaLand. See omnystudio.com/listener for privacy information.

4 Nov 10min