South Korean shares fall as heavyweight chipmakers drag

SEOUL, Jan 24 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares fell on Wednesday as heavyweight chipmakers dragged, with a stronger U.S. dollar and rising Treasury yields weighing on investor sentiment. ** The won weakened, while the benchmark bond yield rose. ** The benchmark KOSPI fell 9.85 points, or 0.40%, to 2,468.76 by 0134 GMT. ** The KOSPI recovered some of its early losses after falling as much as 0.98%, as the Chinese market started the session on a strong note. ** The U.S. Federal Reserve will wait until the second quarter before cutting interest rates, a Reuters poll showed, with June seen more likely than May and less easing forecast this year than markets now…