Market news for May 28, 2026: Iran conflict and US strikes drove Asian stocks lower, challenging peace optimism. Oil rebounded 2 per cent, pressuring inflation and bond yields, while AI-driven chip sales buoyed South Korean exports despite broader market risks.
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
---
Follow Market Focus Daily and rate us on:
Channel: bt.sg/btmktfocus
Amazon: bt.sg/mfam
Apple Podcasts: bt.sg/mfap
Spotify: bt.sg/mfsp
YouTube Music: bt.sg/mfyt
Website: bt.sg/mktfocus
Feedback to: btpodcasts@sph.com.sg
Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.
Discover more BT podcast series:
BT Money Hacks at: bt.sg/btmoneyhacks
BT Correspondents at: bt.sg/btcobt
BT Podcasts at: bt.sg/podcasts
BT Lens On: bt.sg/btlenson

AI-fueled stock surge meets oil’s 10% drop: Is the energy crisis over?
10:17

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

Iran deal hopes spur stock rally, oil and dollar slide; Strait clarity key
02:28