Korea’s Kospi Extends Losses on Chipmakers, War-Tied Jitters
South Korea’s equity benchmark slipped Wednesday, with chip stocks resuming losses and risk appetite weakening following a US strike on Iran.
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3 headlinesGold Extends Drop as Renewed US-Iran Clashes Test Fragile Truce
Gold extended a decline after the US launched fresh strikes against Iran in retaliation for the downing of a military helicopter, jeopardizing efforts to end the war that’s roiled global markets.
Gold Extends Decline as Iran Tensions Rekindle Inflation Fears
Gold and silver extended declines as an uptick in Middle East tensions refocused investor attention on prolonged energy-market tightness that may lead to higher interest rates.