S2E25: What 2025 taught markets, and what comes next

In the final episode of 2025, Market Focus Weekly zooms out on a year that felt nonstop. AI pushed valuations to the edge. Tariffs made a comeback. Rate cuts sparked rallies, and nerves. 

Host Emily Liu is joined by Yujun Lin, CEO of Interactive Brokers Singapore, to break down what really moved markets this year, and what we can expect in 2026.

Highlights:

02:24 Unpacking the AI story

08:00 US tariff volatility

11:00 To cut or not to cut rates?

13:27 Gold vs. Bitcoin

16:14 Bright spots in Asia

20:21 Investing for 2026

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

With Yujun Lin, CEO, Interactive Brokers Singapore

Edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: Emily Liu & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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