North Korea Tainted Another Missile, Asian Market Declines

      Comments Off on North Korea Tainted Another Missile, Asian Market Declines

North Korea misses the missile launch. North Korea has tested the IRBF missile again today and this missile has passed over Japan. North Korean dictator Kim Jong has threatened to sink Japan in the sea. After North Korea’s missile test, UNSC has convened an emergency meeting.

Meanwhile, North Korea’s missile launch has increased pressure in Asian markets. Both Equity and Commodity market get affected by this move of North Korea, looking for share market tips then join the services of ProfitAim. Japan’s market Nikkei is trading 29 points i.e. a marginal increase of 0.15 percent at 19,836.4 level. However, Hang Seng dropped by 203 points i.e. 0.75 per cent to 27,575. SGX Nifty is trading 67.5 points i.e. 0.7 percent with weakness at 10,056.5 level.

The index of the Korean market has dropped by 0.4 percent, while the Straits Times has seen a weakness of around 0.5 percent. The move of the Taiwan index seems flat.

Abe said- It is not Tolerable

Japan’s PM Shinzo Abe said that the action of North Korea’s provocation will not be tolerated at all. We will give Kim Jong-answer to them. – Japan’s Chief Spokesperson Yoshibide Suga said that North Korea will be given a strong answer.