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Geopolitical storm: Asian markets stumble as bond yields and oil hit decade highs
Description
Market news for August 18, 2026: Bond yields hit decade-highs as oil rose; Asian stocks faltered following a US-Iran truce expiration; Anthropic’s revenue run rate hit $65 billion, and Milky Mist Dairy jumped 30 per cent in its successful Indian trading debut.
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: Howie Lim (howielim@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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