Kospi dives, won weakens as Trump renews Iran threats

South Korean shares fell sharply Thursday after US President Donald Trump renewed threats against Iran in a closely watched war address, prompting a temporary trading curb on both the benchmark Kospi and secondary Kosdaq. The Korean won also weakened against the dollar amid heightened risk aversion. The Kospi closed at 5,234.05, down 244.65 points, or 4.47 percent, from the previous session. Amid the sharp decline, a sell-side sidecar was triggered on the main bourse at 2:46 p.m., halting progra