Market news for August 5, 2025: Asian markets track Wall Street rally on Fed rate cut bets; Gold rises as Fed rate cut bets pressure dollar, yields; Singapore billionaire Ong Beng Seng convicted for obstruction of justice.

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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S2E355: Ong Beng Seng convicted, what’s next for HPL?