* KOSPI snaps four-session losing streak
* Korean won weakens against U.S. dollar
* South Korea benchmark bond yield drops
* For the midday report, please click
SEOUL, July 5 (Reuters) - Round-up of South Korean financial
** South Korean shares closed 1.8% higher on Tuesday, after
four straight sessions of losses, on hopes that the United
States will ease some Chinese tariffs.
** But, the Korean won weakened, while the benchmark bond
yield dropped amid the country's inflation hitting a 24-year
** The benchmark KOSPI ended up 41.44 points at
2,341.78, after touching its lowest since early-November 2020 in
the previous session.
** China's commerce ministry said Vice Premier Liu He had a
"constructive" exchange via a video call with U.S. Treasury
Secretary Janet Yellen on Tuesday.
** Hopes increased even more for Biden administration's
easing of Chinese tariffs after the talk, said Daishin
Securities' analyst Lee Kyoung-min.
** South Korea's inflation last month hit the highest since
the Asian financial crisis more than two decades ago, adding to
signs of building strains on the open, trade-dependent economy
and fanning expectations of a big rate hike by the central bank.
** Among heavyweights, technology giant Samsung Electronics
rose 0.18% and peer SK Hynix jumped
3.82%, while battery maker LG Energy Solution gained
** COVID-19 vaccine maker SK Bioscience soared
24.87% as the country's daily infections jumped to the highest
since late-May, fanning expectations of additional booster
** Foreigners were net buyers of 135.4 billion won ($104.11
million) worth of shares on the main board, snapping a
five-session selling streak.
** The won was last quoted at 1,300.3 per dollar on the
onshore settlement platform, down 0.25%.
** In offshore trading, the won was quoted down 0.3%,
while in non-deliverable forward trading its one-month contract
was quoted at 1,299.5.
** In money and debt markets, September futures on
three-year treasury bonds rose 0.38 point to 104.34 in
late afternoon trade.
** The most liquid 3-year Korean treasury bond yield fell by
12.6 basis points to 3.319%, while the benchmark 10-year yield
dropped by 11.9 basis points to 3.380%.
($1 = 1,300.5300 won)
(Reporting by Jihoon Lee; editing by Uttaresh.V)