Market news for May 12, 2026: Dollar and oil rise on continuing Middle East conflict as peace talks continue to not deliver; Asian currencies suffer and markets eye President Trump’s last ditch effort in China.

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 by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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Oil up as Iran truce hopes fade; Seoul's Kospi recoils from 8k on US inflation fears

BT Market Focus

Oil up as Iran truce hopes fade; Seoul's Kospi recoils from 8k on US inflation fears