BT Market Focus

OpenAI chips deal boosts tech rally, Oil slumps to 16-week low, Cordlife faces another suspension


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Market news for October 2, 2025: Asian markets surge on US rate hopes, tech fired by chip deal; Samsung, SK Hynix shares climb after chips deal with OpenAI; Oil slumps to 16-week low on US shutdown and possible Opec+ plans; Cordlife tumbles 18% following notice of potential one-year suspension.

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 ([email protected])

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

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BT Market FocusBy The Business Times