MSCI Asia Pacific index falls to one-month low with SK Hynix and Samsung dragging the most.

The SCI Asia-Pacific Index fell by 1.6%, hitting a one-month low, as the US launched a new round of strikes against Iran, pushing up oil prices and reigniting inflation concerns. SK Hynix fell by 13% in the Seoul market due to profit-taking. Samsung Electronics dropped by 8%; Kioxia in Japan fell by 11.3%. The Korean Kospi Index fell by 7.3% at one point, reaching a new intraday low since May 4th.