S2E384: Alibaba ramps up $50 billion AI investment, Singapore dollar-backed stablecoins are here
Description
Market news for September 24, 2025: Alibaba unveils largest new AI model, leads Asia tech rally; Japan's Nikkei closes at record as AI rally helps overcome early losses; Singapore dollar-backed XSGD stablecoin to launch on Coinbase on Sep 30.
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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