Heavy foreign selling rattled South Korean markets on Friday, dragging the benchmark Kospi down more than 5 percent and driving the won to a 17-year low against

Shares fell Thursday, snapping a three-session winning streak and retreating from record highs as investors locked in profits. The local currency fell sharply against the U.S.…

The won weakened sharply against the dollar on Thursday due to renewed tensions in the Middle East as the United States and Iran engaged in a fresh round of airstrikes.