Market news for August 13, 2026: Asian stocks climbed as tame US inflation data dampened near-term Federal Reserve rate hike expectations. Meanwhile, oil prices held near $80 a barrel, remaining elevated due to the ongoing US-Iran deadlock over a permanent end to the Gulf war.

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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