Most Popular
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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The benchmark Korea Composite Stock Price Index (Kospi) dropped 45.27 points, or 1.46 percent, to 3,052.65 points in the first 15 minutes of trading.
Overnight, the tech-heavy Nasdaq composite plummeted 2.83 percent and the S&P 500 dipped 2.04 percent. The Dow Jones Industrial Average retreated 1.63 percent.
Investor sentiment also weakened over growing concerns the US debt ceiling may lead to critical consequences.
In Seoul, top cap Samsung Electronics lost 1.97 percent, and No. 2 chipmaker SK hynix shed 2.42 percent.
Internet portal operator Naver retreated 1.78 percent, and leading chemical firm LG Chem declined 1.68 percent.
Top automaker Hyundai Motor decreased 0.99 percent, with pharmaceutical firm Samsung Biologics falling 1.61 percent.
The local currency was trading at 1,187.45 won against the US dollar, down 3.05 won from the previous session's close. (Yonhap)
