Global markets faced another week of political uncertainty, from snap elections in Japan to fresh geopolitical threats from the US — yet investors barely blinked. 

In this episode of Market Focus Weekly, Emily Liu speaks with Pete Tan of Phillip Capital about why markets seem increasingly unfazed by political risk. They unpack Japan’s bond sell-off, Trump’s back and forth over Greenland, and whether rallies in Chinese AI stocks reflect hype or a deeper structural shift.

Highlights:

00:59 Japan’s snap elections

04:31 Japanese bonds on SGX

07:43 Greenland chaos

09:32 Asian market rally

12:18 UOB’s strong outlook

---

Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

---

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

With Pete Tan, portfolio manager, PhillipCapital

Edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: Emily Liu & Chai Pei Chieh

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

---

Follow Market Focus Weekly podcasts every Friday:

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

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