AI boom, gold rush, oil slump: What Asia’s markets are signalling
Description
This week on Market Focus Weekly, tech stocks continue their rally with OpenAI hitting a US$500 billion valuation — but is it justified?
Host Emily Liu and guest Christopher Forbes of CMC dig into the AI boom, the staying power of the “Magnificent Seven,” and why investors might still be feeling FOMO.
We also unpack the latest U.S. government shutdown, the surprising effects of Trump’s tariffs, and whether gold at US$4,500 is really on the horizon.
Plus, could Singapore’s brand-new stablecoin be a real game changer?
Highlights:
01:25 OpenAI’s US$500B valuation
02:31 Is the Magnificent 7 still relevant?
05:00 US government shutdown
07:43 Gold races to US$4500
08:39 Oil prices head for US$60
12:14 Singapore’s XSGD stablecoin
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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.
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Written and hosted by: Emily Liu (emilyliu@sph.com.sg)
With Christopher Forbes, head of Asia, CMC
Edited by: Chai Pei Chieh & Claressa Monteiro
Produced by: Emily & Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
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