South Korean Shares Slip as U.S. Inflation Data Fuels Rate-Hike Bets
South Korean shares fell as traders weighed AI-trade concerns and hotter-than-expected U.S. inflation data. The won firmed and the benchmark bond yield rose.
Round-up of South Korean financial markets:** South Korean shares fell on Wednesday as traders assessed concerns over the outlook for the AI trade, while hotter-than-expected US inflation data supported bets for further rate hikes. The won firmed, while the benchmark bond yield rose.** The benchmar…