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Asia Top News and Analysis North Korea

  • TOKYO— North Korea will be feeling the pain of new United Nations sanctions targeting some of its biggest remaining foreign revenue streams. Though the United States had proposed a complete ban, the sanctions by the U.N. Security Council to punish North Korea for its sixth nuclear test cap Pyongyang's annual imports of crude oil at the same level they have been...

  • SHANGHAI, Sept 12- China's Big Four state-owned banks have stopped providing financial services to new North Korean clients, according to branch staff, amid U.S. concerns that Beijing has not been tough enough over Pyongyang's repeated nuclear tests. Tensions between the United States and North Korea have ratcheted up after the sixth and most powerful...

  • TOKYO, Sept 12- Asian shares hit a 10- year peak on Tuesday with investors breathing a sigh of relief as North Korean fears eased and the worst-case scenario from Hurricane Irma looked to have been avoided. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent to its highest level since late 2007. Japan's Nikkei added 1.0 percent.

  • TOKYO, Sept 12- Japanese stocks climbed to their highest in a month on Tuesday with financials leading gains for most sectors after Wall Street soared overnight. The S&P 500 surged more than 1 percent to a record close on Monday as tropical storm Irma caused less damage in Florida than feared and North Korea held off from testing a missile or nuclear weapon over...

  • TOKYO, Sept 12- The dollar held on to most of its gains on Tuesday, following a sharp rebound on improving investor risk sentiment as worries over North Korea and Hurricane Irma receded. "Some people said the dollar's fall and recovery was not strange, since U.S. yields got so low," said Masashi Murata, currency strategist for Brown Brothers Harriman in Tokyo.

  • TOKYO, Sept 12- Asian shares hit a 10- year peak on Tuesday with investors breathing a sigh of relief as North Korean fears eased slightly and the worst-case scenario from Hurricane Irma looked to have been avoided. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent to its highest level since late 2007. Japan's Nikkei added 1.0...

  • TOKYO, Sept 12- Japanese stocks climbed to near their highest in a month on Tuesday with all sectors rising after Wall Street soared overnight. The S&P 500 surged more than 1 percent to a record close on Monday as tropical storm Irma caused less damage in Florida than expected and North Korea held off from testing a missile or nuclear weapon over the weekend, which...

  • MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.1 percent to its highest level since late 2007. Japan's Nikkei rose 1.0 percent. Adding to an uptick in risk appetite was relief that North Korea did not test-fire missiles or conduct nuclear tests over the weekend as some had feared. The United Nations Security Council unanimously stepped...

  • Jasper Kim of the Center for Conflict Management, Ewha University, says it's difficult to calibrate the right level of sanctions against North Korea and get the UN Security Council to speak with one voice.

  • Wesley Clark, former NATO Supreme Allied Commander, says that getting a third party to hold back channel talks between the U.S. and allies and North Korea would be a good "near-term" strategy.

  • Wesley Clark, former NATO Supreme Allied Commander, says that for the U.S. allies to get down to talks with North Korea means "letting some of the air out of the balloon."

  • Michael Kovrig, senior adviser, North East Asia, International Crisis Group, says solving the North Korea standoff will take time and patience and confrontation is not the answer.

  • TOKYO, Sept 12- The dollar held to large gains on Tuesday following a sharp rebound against the yen and euro, lifted by improving investor risk sentiment as worries over North Korea and Hurricane Irma receded. It had slumped to a 10- month low of 107.320 yen on Friday, when Hurricane Irma threatened Florida and as financial markets braced for North Korea's...

  • Some in South Korea believe that deterrence through balance of force, rather than denuclearization, is the way forward, says Byoung-Joo Kim at Hankuk University of Foreign Studies.

  • China's Ambassador to the United Nations Liu Jieyi presides over a Security Council meeting on North Korea at the UN headquarters in New York on July 5, 2017.

    China's U.N. Ambassador also called on all parties to remain "cool-headed" and refrain from stoking tensions.

  • Cramer's 5 reasons behind the market's 'blind faith' in the bull

    Jim Cramer pinpoints five explanations for why the stock market's on fire despite a generally negative geopolitical layout.

  • What's behind the 'blind faith' in the bull

    Jim Cramer pinpoints five explanations for why the stock market's on fire despite a generally negative geopolitical layout.

  • Nikki Haley, United States ambassador to the United Nations, speaks during an emergency meeting of the U.N. Security Council at United Nations headquarters, July 5, 2017 in New York City. The United States requested an emergency meeting of the U.N. Security Council after North Korea tested an intercontinental ballistic missile earlier this week.

    The U.N. Security Council unanimously increased sanctions against North Korea over the country's sixth nuclear test on Sept. 3.

  • North Korea's weapons programs are not as sophisticated as they claim, but they are working in the right direction, says Robert Kelley of the Stockholm International Peace Research Institute.

  • Tension on the Korean Peninsula is not a day-to-day risk driver for the US market, says Bill Smith, president and CIO, Blaine Capital.