
Biz Report: Tech Drives Gains; Oil Falls; Anthropic's big move
Published on 6 May 2026
In this episode of The Business Report, finance presenter Chua Tian Tian spoke with Eddy Loh, Chief Investment Officer of Maybank Group Wealth Management on the S&P 500 and Nasdaq’s record closing and a surge in Intel shares overnight.
The duo also discussed movements in oil prices given how Saudi Arabia is cutting the price of its main oil grade for Asia next month from a record-high in May. They then turn the spotlight on South Korea and its latest inflation print before looking at some of the counters to watch on the SGX, and how Anthropic has reportedly committed to spend US$200 billion with Google Cloud over five years as part of a recent agreement.
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