 south korean shares fell on wednesday as growing views of earlierthanexpected tapering by the federal reserve lifted us treasury yields while a record daily covid19 count at home weighed on sentiment the won was unchanged while the benchmark bond yield rose  the kospi ks11 slid 1103 points or 037 to 298630 by 0248 gmt  south korea reported a new daily record of 4116 new coronavirus cases for tuesday as the country battles to contain a spike in serious cases after switching to its living with covid19 plan read more  chip giant samsung electronics 005930ks led the declines on the benchmark falling 120 while its peer sk hynix 000660ks and platform company naver 035420ks also dropped 042 and 113 respectively  taylor texas has been picked as the location for samsungs new 17 billion plant to make advanced chips for functions such as mobile 5g highperformance computing and artificial intelligence the company said read more  foreigners were net buyers of 2212 billion won 18598 million worth of shares on the main board  new zealands central bank lifted interest rates for the second time in as many months on wednesday just a day before south koreas central bank holds the last policy meeting of the year where it is widely expected to raise rates read more  the won was quoted at 11897 per dollar on the onshore settlement platform  nearly unchanged from its previous close at 11897  in offshore trading the won was quoted at 11894 per dollar while in nondeliverable forward trading its onemonth contract was quoted at 11898  in money and debt markets december futures on threeyear treasury bonds rose 001 points to 10834  the benchmark 10year yield rose by 06 basis points to 2406