Robust US jobs data lifts bets on a Federal Reserve rate hike and unleashes selloff in tech-heavy market

The South Korean benchmark Kospi plunged more than 8 percent Monday, mirroring a rout in US semiconductor stocks on Wall Street, which triggered a circuit break

South Korea’s KOSPI dropped more than 8% after Samsung Electronics and SK Hynix shares plunged over 10%, triggering market circuit breakers.