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Kospi, Nikkei Drop as US-Iran War Lifts Oil

South Korea's Kospi fell 2.01% and Japan's Nikkei dropped 1.17% on Wednesday as the US-Iran conflict drove crude oil prices higher. Asian markets face particular pressure as most regional economies import nearly all their oil, raising inflation and margin risks.

South Korea Overtakes India in Global Market Cap Race

South Korea's AI chipmaker rally pushed its total listed market value to $5.01 trillion, overtaking India's $4.85 trillion on the NSE and dropping India to seventh in global market cap rankings. The shift reflects how concentrated AI hardware exposure is reshaping capital allocation and country-level valuations.

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south-korea-stocks

India slips to seventh in global market cap rankings as South Korea pulls ahead

South Korea's AI chipmaker rally pushed its total listed market value to $5.01 trillion, overtaking India's $4.85 trillion on the NSE and dropping India to seventh in global market cap rankings. The shift reflects how concentrated AI hardware exposure is reshaping capital allocation and country-level valuations.

2mo ago · 3 min · Markets

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