Emerging market valuations are changing. South Korea and Taiwan are gaining ground on India, driven by the artificial intelligence chip sector. Their market values have seen significant growth. India’s market capitalization has seen a slight decrease. This shift is influenced by key companies in the semiconductor industry.
Bets on US Federal Reserve rate hike in October fall as job market cools
Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a