The South Korean benchmark Kospi recovered from a sharp early decline on Monday as concerns about rising U.S. interest rates prompted investors to sell shares. The index was at 6,795.65 at 2:30 p.m., up 0.1% from the previous session, according to the Korea Exchange. It had dropped as much as 3.55% to 6,547.76 shortly after the opening bell before reducing its losses. The Kospi’s intraday high was 6,808.07 as of press time. Foreign investors sold 919.7 billion wo.