Asian Stocks Fall Amid Escalating U.S., North Korea Tension
- Trump’s ‘fire and fury’ threat invites profit taking
- Asian shares head for the sharpest decline in a month
Eurasia Group Says Markets Have Ignored N. Korea Risk
This article is for subscribers only.
Asian equities fell, driving the region’s benchmark index to its biggest loss in a month, on rising geopolitical risk after President Donald Trump warned the U.S. will retaliate against North Korea.
The MSCI Asia Pacific Index slid 0.4 percent to 160.57 as of 3:41 p.m. in Hong Kong as more than two stocks declined for each that advanced. Japan and South Korea equities led the slide as Trump said further threats from North Korea, which was reported by The Washington Post to have developed a miniaturized nuclear warhead that could fit onto its missiles, would be met with “fire and fury.”