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Global tech sell-off, Kiwi woes and a new Labubu
Description
Market news for August 20, 2025: Asian markets dip after US tech slide; Gold hits near three-week low on stronger US dollar; New Zealand central bank cuts rates to three-year low, flags more easing, kiwi tumbles; Pop Mart shares rise to record as CEO announces new mini Labubu.
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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