Market news for June 02, 2026: Asian stocks struggled for direction as a partial Middle East ceasefire steadied oil near $95. AI-linked shares gained on Anthropic's trillion-dollar IPO filing. Blackstone raised a record $13.1B for Asia private equity, while gold rose and cryptocurrencies slid to two-month lows.
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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AI-fueled stock surge meets oil’s 10% drop: Is the energy crisis over?
10:17

Hormuz tides turn: Iran deal buoys stocks, yet Strait's shadow looms
03:21

Iran deal hopes fade as US strikes temper risk appetite; Oil rebounds, stocks mixed
02:45