29 Aug '17, 12am

Stocks in Tokyo and Seoul fall as North Korea fires missile over Japan

TOKYO (BLOOMBERG, AFP) - Tokyo stocks fell at the start on Tuesday (Aug 29) after North Korea launched a missile over Japan that its prime minister described as an "unprecedented, serious and grave threat". The benchmark Nikkei 225 index lost 0.70 per cent, or 136.93 points, to sit at 19,312.97 in the first few minutes of trade while the Topix index of all first-section issues was down 0.55 percent, or 8.78 points, at 1,591.34. In South Korea, stocks opened lower on Tuesday, as investors remained worried over North Korea's latest missile provocation that could further escalate tensions on the Korean Peninsula. The benchmark Korea Composite Stock Price Index (KOSPI) shed 11.94 points, or 0.5 per cent, to 2,358.36 in the first 15 minutes of trading, reported Yonhap news agency. Get The Straits Times newsletters in your inbox Sign Up South Korea said on Tuesday it will take m...

Full article: http://www.straitstimes.com/asia/east-asia/tokyo-stocks-f...

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