In today’s edition, we discuss the return of safe haven assets as Trump’s tariff agenda pressures markets. With gold and oil rising, we explore why Singapore banks are also in focus ahead of their 4Q earnings season.

Our analyst, Hussaini, breaks down the DeepSeek shockwave and its impact on ASEAN data centres. Plus, we dive into Sea and Grab’s upcoming results and what to watch for in the ASEAN Internet sector heading into 2025.

We also touch on CIMB’s 2025 outlook, as the bank gears up to unveil its new strategic plan in March.

Edited by Bruce/Dion/Xuan Hao