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South Korea’s benchmark KOSPI fell more than 3% to around 6,630 as escalating US-Iran hostilities lifted Brent above $95 and WTI above $90. US 10-year yields hit a level not seen since January 2025, pressuring equities.
South Korea’s benchmark KOSPI fell more than 2% to around 6,640, extending prior-session losses as US-Iran tensions pushed Brent crude higher and renewed rate-hike expectations raised US Treasury yields. Tech stocks led declines, including Samsung and SK hynix.