* KOSPI falls, foreigners net sellers

* Korean won weakens against dollar

* South Korea benchmark bond yield rises

SEOUL, Jan 17 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares fell more than 1% on Wednesday to hit their lowest in two months, as hawkish comments from a U.S. Federal Reserve official dampened hopes for early rate cuts.

** The won fell to its weakest level since early November, while the benchmark bond yield rose.

** The benchmark KOSPI was down 32.82 points, or 1.31%, at 2,464.77, as of 0106 GMT, trading at its lowest level since mid-November, and declining for a tenth session of the 12 trading days so far this month.

** The U.S. central bank should not rush to cut its benchmark interest rate until it is clear lower inflation will be sustained, Fed Governor Christopher Waller said on Tuesday.

** Among index heavyweights, chipmaker Samsung Electronics fell 0.55% and peer SK Hynix lost 0.08%, while battery maker LG Energy Solution dropped 2.50%.

** Hyundai Motor shed 1.34% and sister automaker Kia Corp lost 1.78%, while search engine Naver and instant messenger Kakao were down 1.52% and 2.52%, respectively.

** LG Innotek, which supplies camera parts to Apple, slid 4.39%, tracking the U.S. smartphone maker's overnight loss.

** Of the total 936 traded issues, 116 shares advanced, while 795 declined.

** Foreigners were net sellers of shares worth 205.9 billion won ($153.54 million) on the main board.

** The won was quoted at 1,340.0 per dollar on the onshore settlement platform, 0.61% lower than its previous close at 1,331.8.

** In money and debt markets, March futures on three-year treasury bonds fell 0.15 point to 104.90.

** The most liquid three-year Korean treasury bond yield rose by 4.8 basis points to 3.282%, while the benchmark 10-year yield rose by 4.4 basis points to 3.366%. ($1 = 1,341.0600 won) (Reporting by Jihoon Lee; Editing by Subhranshu Sahu)