Public Markets 3 Hours

Last updated: March 28, 2026, 11:30 PM ET

Asian Equities & Corporate Actions

Concerns over valuation methodology are surfacing in South Korea as the government considers basing inheritance tax assessments on book value rather than current market prices, a move intended to mitigate the persistent ‘Korea discount’ and combat alleged share suppression. Elsewhere in Asia, Indian conglomerate Vedanta plans a five-way split next month, with the chair suggesting the resulting entities could collectively command a valuation of up to $50 billion following a sustained deleveraging program. These corporate restructuring efforts come as investors grapple with volatility across regional markets.

Global Economic Pressures & Yields

Mounting inflationary pressures and forced selling activity have propelled Treasury yields sharply higher, offering little solace to equity investors seeking refuge in fixed income assets. The persistent Middle East tensions are straining supply chains, prompting localized government responses such as two Australian states offering free public transport to offset soaring pump prices. This rising cost of living and uncertainty across energy markets are directly influencing sovereign debt pricing and consumer relief measures.