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Shopee owner hits US$100 billion valuation
Description
Market news for August 13, 2025: Asian stocks rally as US CPI fuels Fed cut bets; Singtel Q1 profit soars 317.4% to S$2.9 billion on exceptional gains of S$2.2 billion; Shopee, Monee power Sea’s value to over US$100 billion.
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 and hosted by: Emily Liu (emilyliu@sph.com.sg)
Produced and edited by: Chai Pei Chieh & Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
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