Asian Stocks Mostly Lower on Growing Unease Over North Korea — “Risk-averse sentiment is dominating global equities markets.”

Peace and Freedom

TOKYO — Asian stocks are mostly lower as investors ponder escalating tensions over North Korea’s nuclear ambitions.

KEEPING SCORE: Japan’s benchmark Nikkei 225 slipped 0.2 percent to 19,705.96. Australia’s S&P/ASX 200 edged up 0.2 percent to 5,779.20, while South Korea’s Kospi fell 1.1 percent to 2,342.19. Hong Kong’s Hang Seng dipped 1.6 percent to 27,314.74. The Shanghai Composite slipped 1.1 percent to 3,240.69.

NORTH KOREA: President Donald Trump warned North Korea of “fire and fury” this week in response to recent threats from Pyongyang, which said it was examining plans for attacking Guam, a U.S. territory in the Pacific with a military base. Trump’s comments followed reports the North has mastered a technology needed to strike the United States with a nuclear missile.

WALL STREET: Investors’ unease over such escalating tensions weighed on stocks earlier in the day, although that…

View original post 233 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s