South Korea's KOSPI stock market declined 0.93% on Friday, led by financial shares.

South Korea's KOSPI stock market declined 0.93% on Friday, closing at 2,681.82. Financial shares led the losses, with Shinhan Financial, KB Financial, and Hana Financial dropping. The negative outlook for interest rates is expected to affect the Asian market, which may continue its downward trend. Rising tensions in the Middle East have also pushed up oil prices.