Economic TimesLean R·
Global Market: South Korean stocks slide more than 3% as Iran conflict deepens global market selloff
South Korea’s Kospi plunged over 3% as rising bond yields, higher oil prices and escalating US-Iran tensions hit investor sentiment. Foreign investors sold heavily, while major technology and auto stocks declined. Korean Treasury yields climbed across maturities, although the won strengthened against the dollar as August inflation rose modestly.
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