Chinese Missile Defense Fears Impact S.Korean Stocks

SEOUL–South Korean stocks fell sharply on Friday after media reported that China had instructed tour operators in Beijing to stop selling trips to the world in alleged retribution for installation outside Seoul of a U.S. missile defense system.

Cosmetics suppliers, supermarkets, carmakers and airlines were among the biggest losers as South Korea's main benchmark index fell 1.3 percent in afternoon trading, weighed down by c....