Most Asia markets pressured after North Korea missile, dollar recoups losses

Most indexes in Asia were moderately lower on Friday after North Korea launched a missile in the direction of the east.

The unidentified missile flew over Japan before landing 2,000 km east of Hokkaido, Reuters said, citing Japanese broadcaster NHK. Following the North’s latest launch, South Korea has responded by firing its own missile into the sea, according to Reuters.

The hermit state had warned through a state agency on Thursday that it would “sink” Japan, Reuters reported. North Korea had fired another ballistic missile which passed over northern Japan before falling into the sea on Aug. 29 local time.

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Posted in: Indian Market Tips