S2E499: AI, oil, and yen: Tech-led Asia rallies, but Mideast conflict keeps inflation in focus

Market news for May 4, 2026: AI-led Asia shares rallied despite Mideast conflict keeping oil flat and inflation risks high; Japanese yen jumped on intervention alert.

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 by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

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

Produced with AI text-to-speech capabilities

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