Seoul shares down late Monday morning as failed peace talks fuel concerns over prolonged war in Mideast
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Korean stocks traded lower late Monday morning as investor concerns grew over a prolonged conflict in the Middle East after the U.S.-Iran peace talks failed to make progress, while U.S. President Donald Trump threatened a blockade of the Strait of Hormuz. The benchmark Korea Composite Stock Price Index (KOSPI) fell 68.15 points, or 1.16 percent, to 5,790.72 as of 11:20 a.m. President Trump announced a blockade of Iranian ports following marathon talks between Washington and Tehran in Islamabad o
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