Gold soars past $3500, Rupiah weakens, ComfortDelGro acquires CityCab
Description
Market news for September 2, 2025: Gold hits record high as US rate-cut hopes, softer dollar boost appeal; Indonesia's central bank wants rupiah to trade around 16,300 a dollar; ComfortDelGro buys rest of CityCab shares for S$116.3 million from ST Engineering unit.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
Written and hosted by: Emily Liu (emilyliu@sph.com.sg)
Produced and edited by: Chai Pei Chieh & Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
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