Page 7 - Bloomberg/reuters

Taiwan overtakes India as world's 5th largest stock market on TSMC rally

Taiwan's ascent up the global equity rankings is largely driven by TSMC, which now accounts for about 42 per cent of the benchmark index, representing intense market concentration

Strategists warn yields to stay high even if West Asia conflict ends

Strategists warn long-term bond yields may remain elevated even if war-driven inflation eases, citing debt burdens, AI spending and higher rate expectations

Akasa Air gains ground as rivals cut flights amid Iran war disruption

Akasa Air, which was founded during the coronavirus pandemic and made its first commercial flight in 2022, operated 10,109 flights in March and April 2026

AI-fuelled rally drives global momentum stocks to record performance

Bulls say the AI frenzy can continue luring money into the market's biggest winners, though some caution that the scale of the outperformance is a warning sign

Rising swap rates open fresh return opportunities for India bond investors

Swap rates have gained since the US-Iran war began in late February, as traders bet that an oil-driven inflation surge will lead to tighter monetary policy

How West Asia conflict has turned Diet Coke into a rare commodity

Hormuz disruption has hit aluminium supply, triggering Diet Coke shortages in India as bars host themed parties and cola raffles amid a brutal heatwave with temperatures nearing 49 degrees Celsius

US treasury market ushers in Warsh era with bets on 2026 rate hike

With the Iran war unleashing the biggest inflation surge since 2023, traders are pricing in that the Fed is virtually certain to start raising rates by December

US companies shamed by Trump quietly tiptoe into tariff-refund race

There's reason for discretion: The scramble for as much as $166 billion in refunds - plus interest - comes with the risk of political and legal jeopardy

Uber offers €33/share for Delivery Hero as takeover battle heats up

Delivery Hero rebuffed the €33 a share ballpark figure, the FT said, adding that several investors signaled they would seek a price above €40 a share

Trump's 'Economic Fury' piles up 2,000 Iran sanctions with little impact

The US effort has targeted everything from oil companies and shipping firms to currency exchanges and intermediaries across China and the Middle East

India seeks advantage over rivals as US trade pact nears finalisation

Goyal said Monday that while the first phase of the deal has been finalized, efforts are underway to ensure India gets preferential access to the US market compared with competitors

India tech giants struggle to recover from $115 billion stock rout

The companies rose to prominence in the late 1990s by helping Western firms solve the Y2K bug, which had threatened computer chaos at the turn of the millennium

What if Strait of Hormuz doesn't reopen and global oil shock deepens?

Nearly 90 days since the US-Israeli war on Iran all but closed the oil-and-gas sea route, it's worth considering what seems unthinkable but has happened elsewhere before

Bill Winters' apology for 'lower-value human' remarks not enough for unions

Winters has since apologized for his choice of words, while adding that the phrase was taken out of a wider, more nuanced context

Arab countries seek Iran peace agreement as ceasefire remains fragile

While there were indications of progress in talks to end the conflict, Axios and CBS News reported that Trump was preparing for a possible fresh round of strikes

Ex-CIA officer picked to replace Gabbard slammed 'toxic' DEI culture

Lukas warned that the American intelligence community, which comprises 18 agencies, had become 'aimless, bloated, risk-averse, and disconnected at times from the core mission of intelligence'

US to keep out green-card holders returning from Ebola-hit regions

CDC said in a statement that the rule won't permanently bar affected green-card holders but provides the agency with the authority to restrict entry when necessary

Anthropic set to close over $30 billion round as soon as next week

Founded in 2021 by a group of former OpenAI employees, Anthropic has since emerged as a leader in the AI sector

Ebola outbreak in Congo spreading rapidly amid treatment gaps, warns WHO

The agency upgraded its risk assessment to 'very high' in the Democratic Republic of Congo, where there are now almost 750 suspected cases and 177 deaths from the disease

UAE joins Saudi, Qatar in urging Trump not to restart Iran attacks

Gulf states have stepped up diplomatic outreach to the US president amid fears that renewed conflict with Iran could destabilise regional economies and energy markets