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Record Samsung earnings fail to lift Kospi, Oil rallies on renewed conflict
Description
Market news for July 30, 2026: Asian markets traded mixed today, with the South Korean Kospi falling again despite record profits from chipmaking giant Samsung Electronics. The US Federal Reserve left interest rates unchanged, while sending mixed signals on the direction of interest which disappointed investors. Oil prices also climbed as the US resumed strikes on Iran.
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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