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 --- Send us your questions, thoughts, story ideas, and feedback to [email protected]. --- Written and hosted by: Emily Liu ([email protected]) 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 --- Follow Market Focus Weekly podcasts every Friday: Channel: bt.sg/btmktfocus Amazon: bt.sg/mfam Apple Podcasts: bt.sg/mfap Spotify: bt.sg/mfsp YouTube Music: bt.sg/mfyt Website: bt.sg/mktfocus Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Money Hacks at: bt.sg/btmoneyhacks BT Correspondents at: bt.sg/btcobt BT Podcasts at: bt.sg/podcasts BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.