This week on Market Focus Weekly, markets flip from disappointment to optimism as bets on a December US rate cut surge. Providend’s Cheng Chye Hsern joins host Emily Liu to unpack what changed.

Plus, in tech, Google shakes up the AI race with Gemini 3 and new chip partnerships, sending ripples through Nvidia and Asian suppliers.

They also dive into Japan’s possible rate hike, China–Japan tensions hitting tourism, the Indian rupee’s slide, and whether a weaker US dollar is pushing Singaporean investors to rethink US investments.

Highlights:

01:43 Rate cut in Dec?

03:20 Google’s AI moves

07:53 Bank of Japan rate hike

11:09 Indian rupee struggles

13:27 Temasek reassessing US dollar assets

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Written and hosted by: Emily Liu

With Cheng Chye Hsern, head of investment, Providend

Edited by: Chai Pei Chieh

Produced by: Emily Liu and Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Markets Swing on Rate-Cut Bets as Google Reshapes the AI Race

BT Market Focus

Markets Swing on Rate-Cut Bets as Google Reshapes the AI Race