Chinese AI surge, Indonesia protests, Goodbye Cathay Cineplexes
Market news for September 1, 2025: Alibaba shares soar (https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/alibaba-shares-soar-most-2022-after-making-headway-ai) most since 2022 after making headway in AI; Samsung, SK Hynix sag (https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/samsung-sk-hynix-sag-after-us-revokes-china-chip-gear-permits) after US revokes China chip gear permits; Indonesia protests (https://www.businesstimes.com.sg/international/asean/indonesia-thailand-market-outlooks-buffeted-political-risk) impact stocks, currency; US dollar at four-month low; Cathay Cineplexes ceases operations (https://www.businesstimes.com.sg/companies-markets/cathay-cineplexes-ceases-operations-talks-creditors-fall-through) as talks with creditors fall through.
(https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asia-markets-mixed-after-nvidia-earnings) 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
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