Ashmore Group reduces its investment in India due to high valuations. Uncertainty surrounds Donald Trump’s tariffs on Indian imports. Foreign investors show less interest in India for six to nine months. This is due to relative value compared to other emerging markets. India’s derating is already happening in relative terms.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq