South Koreas Kospi plunged over 3% as rising bond yields, higher oil prices and escalating US-Iran tensions hit investor sentiment. Foreign investors sold heavily, while major technology and auto stocks declined. Korean Treasury yields climbed across maturities, although the won strengthened against the dollar as August inflation rose modestly.

South Korean stocks started sharply lower Wednesday, tracking losses on Wall Street, as the United States and Iran continued exchanging military attacks, which

South Koreas Kospi plunged over 3% as rising bond yields, higher oil prices and escalating US-Iran tensions hit investor sentiment. Foreign investors sold heavily, while major…