South Korean stocks end 8% lower as US rate fears hit high-flying Asia
Markets
Yen and won come under pressure; Seoul holds emergency weekend meeting
Currency dealers work in front of an electronic board displaying the exchange rate between the U.S. dollar and South Korean won and the Korea Composite Stock Price Index (KOSPI) at the dealing room of a bank in Seoul, South Korea on June 8. © Reuters
JADA NAGUMO and KIM JAEWON
June 8, 2026 09:55 JST
Updated on June 8, 2026 16:58 JST
TOKYO/SEOUL — South Korean, Japanese and Taiwanese stocks fell sharply on Monday, dragged lower by tech shares as expectations of a U.S. rate hike and rising Middle East tensions dampened risk appetite.
