S2E14: AI boom, gold rush, oil slump: What Asia’s markets are signalling

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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