South Korea’s KOSPI opened at 6,902.5 on September 11, down 3.29%, as surging oil prices and higher U.S. Treasury yields weighed on investor sentiment. Semiconductor stocks led the decline: Samsung Electronics fell 3.81% to 258,750 won and SK Hynix dropped 4.05% to 1.778 million won at 9:07 a.m. Samsung preferred shares declined 4.29% and SK Square fell 4.93%. Brent crude settled at $107.63 a barrel and West Texas Intermediate at $102.48 on September 10, while the 10-year U.S. Treasury yield climbed above 4.95%, its highest level since October 2023. Elevated August U.S. producer prices revived the possibility of another rate increase at the next Federal Open Market Committee meeting. South Korea’s exports for September 1-10 rose 82.6% year over year to $35 billion, with semiconductor exports surging 270.1% to $16.483 billion and accounting for 47.1% of total exports. Japan’s Nikkei 225 fell 2.28%, while the 10-year government bond yield rose 5.5 basis points to 2.965%.