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Indian Shares Seen Lower As Oil Prices, Yields Rise On Mideast Concerns

(RTTNews) - Indian shares look set to open on a sluggish note on Tuesday as oil prices continued to rise amid concerns over the prospects of a diplomatic resolution to reopen the Strait of Hormuz, a key route for global energy supplies, and end the U.S.-Iran conflict.

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Moody’s Raises South Korea Growth Forecast to 3.5% on Semiconductor Supercycle

An international credit rating agency has issued an unusually upbeat forecast that South Korea’s economic growth will reach 3.5% this year, saying a strong recovery in the semiconductor sector and…

  • Moody’s raises South Korea’s growth forecast to 3.5% for the current year.
  • Semiconductor supercycle is primary driver of economic optimism.
  • Government’s mega project aims to boost semiconductors, AI sectors.

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