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Oil tops US$90 as conflict intensifies, South Korean chip sell-off accelerates
Description
Market news for July 20, 2026: Asian shares traded mixed today as the conflict in the Middle East has pushed oil prices higher, reaching above US$90 a barrel for the first time in more than a month. South Korea’s Kospi fell another 4.5 per cent lower today as the semiconductor sell off extended into the new week.
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: Nicole Teo (nicolet@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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