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Escalation of US-Iran military conflict combined with inflation concerns causes South Korean stocks to plunge 6%, leading the Asia-Pacific decline; SK Hynix falls 9%, gold drops below 4,200, and US Treasury bonds weaken.

Escalation of US-Iran military conflict combined with inflation concerns causes South Korean stocks to plunge 6%, leading the Asia-Pacific decline; SK Hynix falls 9%, gold drops below 4,200, and US Treasury bonds weaken.

``` Asian-Pacific stock markets broadly retreated on Wednesday, with South Korea's KOSPI leading regional declines with a drop of over 6%. Chip stocks saw sharp corrections from high levels. Meanwhile, with U.S. inflation data about to be released, expectations for Fed rate hikes have surged, putting pressure on
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