(LEAD) Seoul stocks open at fresh record high despite hawkish Fed, Iran uncertainty (opens original article in a new tab)

Seoul stocks opened at a record high on Thursday despite concerns about U.S. interest rate hikes and U.S.-Iran relations, with the KOSPI rising 0.37% amid mixed performance in large-cap shares.

• Seoul stocks opened at a fresh record high despite U.S. Fed's hawkish signals and Iran uncertainty
• KOSPI rose 0.37% to 8,896.98 as of 9:18 a.m.
• Major U.S. tech shares fell after Fed Chair Kevin Warsh hinted at potential rate hikes