Economists are urging the Reserve Bank of India to lower interest rates at its upcoming December meeting. They point to record low consumer inflation as a key reason. A rate cut is expected to stimulate economic growth in the coming months. This move is seen as beneficial without significantly affecting inflation levels.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK