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The global equity landscape in May 2026 was defined by a stark divergence between the AI-fuelled euphoria in East Asia and the cautious retreat in other emerging hubs. While the AI and semiconductor super-cycle propelled the Taiwan and South Korean markets to historic highs, other regions like India and Brazil grappled with the dual pressures of rising energy costs and foreign capital rotation.

As the Iran war drags on into its third week, the initial “shock and awe” of the February 28 strikes has transitioned into a grinding regional stalemate with profound global consequences. EMAlpha’s Multilingual AI continues to track the internal fractures within Iran, where local-language media flows reveal a domestic sentiment under extreme duress. The chart […]