Market Focus Daily: Thursday, January 2, 2025

Emily Liu

Published Thu, Jan 2, 2025 · 05:46 PM

Market updates for Thursday. PHOTO: ADOBE STOCK

Asian stocks begin year on cautious note; Retail traders seek nearly US$60 billion for toymaker Bloks Group’s Hong Kong IPO; Gold kicks off 2025 on positive note, Fed and Trump policy in focus.

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 (emilyliu@sph.com.sg)

Recording engineer: Chai Pei Chieh

Produced and edited by: Claressa Monteiro

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

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Johor-Singapore SEZ poised to absorb Singapore’s lower-skilled jobs – but that may be the point

Minister for Trade and Industry Gan Kim Yong says: “While there have been suggestions to channel sovereign monies into our equities market, it is not practical to rely on sovereign monies alone to sustain these funds and to support the equity market.”

MAS review group exploring use of seed capital for equities market: Gan Kim Yong

Hong Kong’s stock exchange is seeking to change some requirements for IPOs through a market consultation, which touches on the clawback mechanism.

Retail traders seek nearly US$60 billion for toymaker Bloks Group’s Hong Kong IPO

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