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.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026