Kospi opens lower on inflation woes, US tech slump

South Korean stocks opened lower Tuesday as investors remained cautious amid growing concerns over inflation and overnight slump in US techs. The benchmark Korea Composite Stock Price Index shed 90.38 points, or 1.2 percent, to 7,425.66 at the opening bell. Overnight, US stocks closed mixed as investors remained cautious after US President Donald Trump said he had postponed a planned attack on Iran at the request of Gulf leaders, while a surge in crude oil prices heightened market anxiety and fu

By The Korea Herald