Market news for April 16, 2026: Asian equities soared to fresh highs on easing Iran war diplomacy, despite a gold selloff. TSMC's profit surge and China's strong GDP beat expectations, while oil was steady and the dollar dipped on Fed easing hopes.
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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Markets climb as diplomatic signals calm oil and lift Asia
03:01

Middle East peace hopes rally markets; MAS cites war inflation
03:11

Oil blockade surges crude; Gold, stocks drop on war inflation fear
02:19