South Korean stocks sank sharply, with Seoul shares dropping over 2.5 percent on heavy losses in chip names as climbing US yields and rising oil stoked rate worries across Asia. Th
South Korean stocks sank sharply, with Seoul shares dropping over 2.5 percent on heavy losses in chip names as climbing US yields and rising oil stoked rate worries across Asia. The Bank of Korea remains watchful of yield-driven volatility, and investors are now looking to upcoming US inflation data and a major memory chipmaker's earnings for direction. Geopolitical friction with Ukraine over a North Korean prisoner disclosure lingers in headlines, though its market impact so far appears limited.
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