South Korea and Taiwan market caps declined significantly after initial gains. This fall was driven by concerns over artificial intelligence capital expenditure sustainability. Taiwan slipped to seventh and South Korea to tenth in global stock market rankings. Indian equities showed resilience, with the Sensex posting a modest gain. India now holds the sixth spot with a market capitalization of $5.1 trillion.
Yen weakens after intervention-led surge ahead of BOJ policy decision
The Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal Reserve’s inflation stance. Japan