Seoul Stocks Drop Over 5% Amid Tech Losses and Iran Tensions
South Korean shares dropped more than five percent on technology sector losses. The won also weakened markedly amid uncertainty over Iran.
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1 source grouped by AFBytes in Economy
AFBytes briefing
A sharp equity decline raises borrowing costs for Korean firms and can pressure household wealth tied to retirement accounts and domestic investment products.
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South Korean shares dropped more than five percent on technology sector losses. The won also weakened markedly amid uncertainty over Iran.