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Taiwan’s exports eked out growth in August helped by demand for technology products, though shipments to China dropped on economic woes there and the government said the outlook was clouded by inflation, war in Ukraine and Sino-US tensions. Exports rose 2 per cent in August from a year earlier to $40.34 billion,
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Rising bond yields have created a flutter in global markets with investors tweaking their investment strategy and seeking safe-haven plays. The story back home has not been any different with the S&P BSE Sensex and the Nifty50 indices slipping around 3 per cent each from their respective 52-week high levels. Besides cues from the global markets, the Indian markets have had to deal with inflation concerns amid rising commodity prices. Over the past few weeks, inflation expectations have risen sharply, given the large-scale monetary and fiscal stimulus by global central banks amid ongoing vaccination efforts. Historically, mild-to-moderate inflation has been good for equities, but not the extreme, analysts say. Despite these headwinds, there are ample opportunities for investors and stock selection will be key.