South Korea KOSPI Plunges Nearly 4 % As Chip Stocks Sink And Global Bond Selloff Deepens Amid Iran Fears

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South Korea's KOSPI index fell nearly 4% on Wednesday amid geopolitical tensions stemming from renewed U.S. strikes on Iran. This decline was heavily influenced by a selloff in semiconductor stocks like Samsung Electronics and SK Hynix, which are major components of the index. Escalating Middle East conflict has driven oil prices higher and fueled a global bond selloff, raising fears of renewed inflation. These macroeconomic pressures, combined with South Korea's own rising inflation, have created significant investor anxiety.