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AI, Iran talks lift Asia stocks to record highs; oil, dollar slip


Market news for May 7, 2026: Global stocks pause near highs as investors await US payrolls, while oil stabilises after US-Iran peace hopes drove crude lower this past 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: 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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