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.
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?
The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as