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mb-4"><h1 data-testid="article-title" class="mb-2 font-lct text-4xl font-bold !leading-[1.3] tracking-[-0.045rem] text-gray-850 md:px-6 md:text-10xl">Market Focus Daily: Monday, November 18, 2024</h1><div class="mb-6 md:px-6 min-h-[50px] text-gray-850 mt-4 space-y-4 md:flex md:flex-wrap md:space-y-0" data-testid="article-authors-list-component"><div class="flex items-center"><img class="flex-shrink-0 rounded-full" src="/assets-web2/default-BSkyYMCQ.png" width="50" height="50"/><div class="flex flex-col flex-wrap pl-2"><div class="font-public-sans text-xs font-normal leading-6 text-gray-650"><span data-testid="article-published-time">Published Mon, Nov 18, 2024 · 05:46 PM</span></div></div></div></div><div class="mb-3 flex items-center justify-between border-b border-t border-gray-250 py-3 md:mx-6 md:mb-6 md:py-4"><div data-testid="article-keyword-filter-first" class="w-full"><div data-testid="article-top-keyword" class="p-3 inline-block w-full bg-transparent !p-0 relative"><div 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for Monday. PHOTO: ADOBE STOCK</div></div></li></ul></div></div></div><div class="body-content tracking-tighter mb-6 mt-4 font-lucida text-lg font-medium leading-normal tracking-[-0.05625rem] text-gray-850 antialiased md:px-8 md:text-xl" data-testid="article-paragraphs-component"><div class="relative mb-4 md:mb-6"><div class="mb-4 md:mb-6" data-story-element="podcast_wrapper" data-testid="podcast-embed-component"><iframe class="border-none" src="https://omny.fm/shows/bt-market-focus/market-focus-daily-monday-november-18-2024/embed?style=cover" width="100%" title="podcast-embed-title"></iframe></div><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component"><a href="https://www.businesstimes.com.sg/international/xi-vows-work-trump-team-he-meets-biden-peru" target="_blank" rel="noopener noreferrer nofollow">China vows to work with Trump</a>, warns of “four red lines”; <a href="https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/samsung-shares-jump-us7-billion-buyback-after-missing-ai-boom" target="_blank" rel="noopener noreferrer nofollow">Samsung shares jump on US$7 billion buyback</a> after missing AI boom; <a href="https://www.businesstimes.com.sg/international/asean/thailands-proposed-global-income-tax-sparks-concerns-over-expat-exodus" target="_blank" rel="noopener noreferrer nofollow">Thailand’s proposed global income tax</a> sparks concerns over expat exodus.</p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Synopsis: Market Focus Daily is a closing bell roundup by <i>The Business Times</i> that looks at the day’s market movements and news from Singapore and the region.</p><p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Written and hosted by: Emily Liu (emilyliu@sph.com.sg)</p><div class="my-8 md:my-12 w-screen bg-gray-125 transition-all duration-300 border-gray-175 min-h-0 border-y-0 bg-none py-0" style="max-width:0px;margin-left:calc(-1*(0px - 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" class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5361385"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Singapore shares open flat on Monday" href="/companies-markets/singapore-shares-open-flat-monday1" target="_blank">Singapore shares open flat on Monday</a></h3></div></div></div><div class="mb-6" data-testid="article-read-more-items"><div data-testid="basic-card" data-cueid="5361997" class="relative flex flex-wrap items-start gap-4"><div class="relative flex order-1 flex-shrink-0 w-[70px] lg:w-[90px]"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/capital-markets-currencies/asia-markets-swing-after-wall-street-losses-traders-weigh-us-rates-outlook" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/6f946d9e7206f25778824caf8c8b4ce010697345af306372dd63c1fbbcee69d7?w=180&h=120&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/6f946d9e7206f25778824caf8c8b4ce010697345af306372dd63c1fbbcee69d7?w=140&h=100&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/6f946d9e7206f25778824caf8c8b4ce010697345af306372dd63c1fbbcee69d7?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/6f946d9e7206f25778824caf8c8b4ce010697345af306372dd63c1fbbcee69d7?q=20&w=3&h=2&f=webp" loading="lazy" alt="In early Asian trade, Hong Kong and Sydney stocks led gains, adding more than one per cent each, while Singapore, Seoul, Wellington and Manila shares also rose." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5361997"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Asia: Markets swing after Wall Street losses as traders weigh US rates outlook" href="/companies-markets/capital-markets-currencies/asia-markets-swing-after-wall-street-losses-traders-weigh-us-rates-outlook" target="_blank">Asia: Markets swing after Wall Street losses as traders weigh US rates outlook</a></h3></div></div></div><div class="mb-6" data-testid="article-read-more-items"><div data-testid="basic-card" data-cueid="5358835" class="relative flex flex-wrap items-start gap-4"><div class="relative flex order-1 flex-shrink-0 w-[70px] lg:w-[90px]"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/international/xi-vows-work-trump-team-he-meets-biden-peru" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/e4f4f29c8808248bd97b58b81f6d30f4ad5532019d5a7024e4d7d9e5e5410e70?w=180&h=120&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/e4f4f29c8808248bd97b58b81f6d30f4ad5532019d5a7024e4d7d9e5e5410e70?w=140&h=100&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/e4f4f29c8808248bd97b58b81f6d30f4ad5532019d5a7024e4d7d9e5e5410e70?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/e4f4f29c8808248bd97b58b81f6d30f4ad5532019d5a7024e4d7d9e5e5410e70?q=20&w=3&h=2&f=webp" loading="lazy" alt="US President Joe Biden and China's President Xi Jinping both agree that human beings, not artificial intelligence, should make decisions over the use of nuclear weapons, according to the White House." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5358835"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Xi vows to work with Trump team as he meets Biden in Peru" href="/international/xi-vows-work-trump-team-he-meets-biden-peru" target="_blank">Xi vows to work with Trump team as he meets Biden in Peru</a></h3></div></div></div></div><div data-testid="section-related-stories" class="overflow-hidden transition-all duration-300" style="height:0"><div class="mb-6" data-testid="article-read-more-items"><div data-testid="basic-card" data-cueid="5362340" class="relative flex flex-wrap items-start gap-4"><div class="relative flex order-1 flex-shrink-0 w-[70px] lg:w-[90px]"><div class="flex items-center justify-center bg-gray-250 w-full"><div class="w-full" style="position:relative"><a rel="noopener" href="/companies-markets/telcos-media-tech/samsung-shares-jump-us7-billion-buyback-after-missing-ai-boom" target="_blank"><picture><source media="(min-width: 992px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/16d20d6c353253a7860be2c00ba619cae9aeb456cc9e015458097abf49f9e306?w=180&h=120&dpr=1&f=webp 1x"/><source media="(min-width: 768px)" srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/16d20d6c353253a7860be2c00ba619cae9aeb456cc9e015458097abf49f9e306?w=140&h=100&dpr=1&f=webp 1x"/><source srcSet="https://cassette.sphdigital.com.sg/image/businesstimes/16d20d6c353253a7860be2c00ba619cae9aeb456cc9e015458097abf49f9e306?w=300&h=200&dpr=1&f=webp 1x"/><img src="https://cassette.sphdigital.com.sg/image/businesstimes/16d20d6c353253a7860be2c00ba619cae9aeb456cc9e015458097abf49f9e306?q=20&w=3&h=2&f=webp" loading="lazy" alt="Analysts expect the buyback to provide a catalyst for the stock, while some noted that it may also help the founding family tighten its grip." class="w-full aspect-3x2"/></picture></a></div></div></div><div class="flex flex-grow flex-col w-full-120px lg:w-2/3 order-2 text-white"><h3 class="_title_d4ajx_12 !text-base my-0 leading-[1.3rem] tracking-normal !font-lct" data-testid="title_link_5362340"><a class="inherit word-break hover:underline !text-gray-850" rel="noopener" title="Samsung shares jump on US$7 billion buyback after missing AI boom" href="/companies-markets/telcos-media-tech/samsung-shares-jump-us7-billion-buyback-after-missing-ai-boom" target="_blank">Samsung shares jump on US$7 billion buyback after missing AI boom</a></h3></div></div></div></div><div class="w-full"><div class="cursor-pointer place-self-center border-t border-gray-175 pt-3 text-right !font-poppins text-base font-semibold capitalize tracking-normal !text-gray-850 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