South Korean equities slipped as rising US Treasury yields weighed on Asian markets, with the KOSPI dropping sharply and major memory chip names sliding on rate concerns. The Bank
South Korean equities slipped as rising US Treasury yields weighed on Asian markets, with the KOSPI dropping sharply and major memory chip names sliding on rate concerns. The Bank of Korea flagged the jump in yields over the Chuseok holiday as a source of potential volatility, keeping rate-sensitive sectors on edge. Meanwhile, the diplomatic spat with Ukraine over a North Korean prisoner disclosure continues to make headlines, though its market footprint remains unclear.
Sources
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