KOSPI loses 7,000 in 24 hours as oil and yields hammer Korean stocks

South Korea's KOSPI fell 1.28% to 6,961.23 by late morning, dropping back below 7,000 one day after reclaiming the level for the first time in over a month. Brent crude remaining above $100 per barrel pressured Korean equities, signaling risk-off sentiment tied to elevated energy costs.