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In South Korea, cryptocurrency trading has surged, surpassing activity on the national benchmark Kospi index. Local exchanges dominate due to currency controls and anti-money laundering regulations, leading to a significant premium on Bitcoin and other cryptocurrencies compared to global markets.
India's benchmark indices, Nifty 50 and Sensex, have declined by around two percent over the past five trading sessions since November 5, contrasting with a five percent rise in global indices like the S&P 500 and Dow Jones. This downturn is attributed to sluggish domestic corporate earnings, with a net profit growth of just 3.6 percent in the September quarter, marking the slowest growth in 17 quarters due to rising costs and weak revenue growth.
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