Taiwan has surpassed India to become the fifth largest stock market globally. This shift is driven by a strong AI-fueled rally. Taiwan’s market capitalization now stands higher than India’s. This surge is largely attributed to the performance of key semiconductor companies. Foreign investors have been reducing their exposure to India. The global appetite for AI-related firms is reshaping market rankings.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.
July 1, 2026