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South Korea, Taiwan stocks bag huge foreign inflow in May on chip demand

South Korea and Taiwanese equities experienced a huge influx of foreign investment during May, driven by a surge of interest in artificial intelligence (AI) and the subsequent demand for shares of hardware exporters in the region. ....

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McCarthy lauds debt US ceiling deal, House conservatives divided

U.S. House of Representatives Speaker Kevin McCarthy on Sunday lauded the debt ceiling deal he negotiated with Democratic President Joe Biden, but a prominent House conservative warned that McCarthy has "credibility issues" that may prompt some Republicans to seek his ouster as the top Republican in Congress. ....

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Indian shares seen opening higher as Fed rate hike view eases

Indian shares are set to open higher on Friday as expectations of an interest rate pause from the U.S. Federal Reserve boosted global risk sentiment and strong domestic macroeconomic factors added support. ....

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