The Korean stock market Kospi benchmark index once fell 6.3%. Affected by the overnight US stock market, semiconductor stocks also fell. Samsung Electronics, SK Hynix, and SK Square dragged down the most, all falling by at least 7%. US chip stocks plummeted on Tuesday, and bond yields remained high due to inflation concerns and rising government debt. Korea's Kosdaq small-cap index fell more than 3%.

The Korean stock market Kospi benchmark index once fell 6.3%. Affected by the overnight US stock market, semiconductor stocks also fell. Samsung Electronics, SK Hynix, and SK Square dragged down the most, all falling by at least 7%. US chip stocks plummeted on Tuesday, and bond yields remained high due to inflation concerns and rising government debt. Korea's Kosdaq small-cap index fell more than 3%.