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Asia Top News and Analysis North Korea

  • SINGAPORE, Sept 4- The yen edged higher against the dollar on Monday, as investors trimmed their exposure to riskier assets after North Korea conducted its most powerful nuclear test. The heightened risk aversion followed news on Sunday of North Korea's sixth and most powerful nuclear test, prompting the warning of a "massive" military response from the United...

  • *Markets nervously eye North Korea after nuclear test. West Texas Intermediate crude futures were at $47.42 barrel at 0411 GMT, 13 cents above their last settlement. Gulf of Mexico' s oil production, or 96,000 barrels of daily output, remained shut on Sunday, the federal Bureau of Safety and Environmental Enforcement said.

  • International travel promotes peace: Ctrip CEO

    Ctrip CEO Jie Sun talks about how North Korea tensions are affecting the travel services provider and says allowing people to cross borders reduces conflict risks.

  • Hedging risk and tactical buying are the strategies for weathering North Korea-induced market volatility, says Dong Chen, senior Asia economist, Pictet Wealth Management.

  • 10-year yield will be 2.69% in 3 months: Vanda Research

    Jason Ambrose, CEO of Vanda Research weighs in on market reaction to North Korea's latest nuclear test and explains what will take 10-year U.S. Treasury yields higher.

  • *North Korea says hydrogen bomb designed for new ICBM. *Trump rebukes Seoul, says it is trying to appease Pyongyang. SEOUL/ WASHINGTON, Sept 4- South Korea said on Monday it was preparing fresh military drills with its ally the United States and ramping up its ballistic missile defenses in response to North Korea's sixth and most powerful nuclear test a day earlier.

  • When it comes to the U.S. response to North Korea, avoiding a war on the Korean peninsula will be the primary challenge, says Jonathan Pollack at the Brookings Institution.

  • WASHINGTON, Sept 3- President Donald Trump on Sunday delivered a more orderly, less haphazard response than he has offered to other provocations by North Korea after Pyongyang conducted a powerful nuclear test that intensified the pressure on his young presidency. Trump's handling of Pyongyang's nuclear test reflected a more traditional approach to...

  • James Mattis, U.S. secretary of defense, and General Joseph Dunford, chairman of the U.S. Joint Chiefs of Staff, at a news conference on the North Korea situation outside of the White House in Washington, D.C., U.S., on Sept. 3, 2017.

    Defense Secretary Jim Mattis warned of "a response both effective and overwhelming" if North Korea threatened the U.S. or allies.

  • Bejoy Das Gupta, chief economist, Asia Pacific for the Institute of International Finance says the latest nuclear test by North Korea makes it the "utmost" security concern for the U.S.

  • *North Korea says hydrogen bomb designed for new ICBM. *Trump rebukes Seoul, says it is trying to appease Pyongyang. SEOUL/ WASHINGTON, Sept 4- South Korea's military carried out a missile drill on Monday in response to North Korea's sixth nuclear test, while global markets reacted to the sharp escalation in tensions between Pyongyang and the United States.

  • China risks 30 years of economic progress if North Korea continues it weapons program developments, says Jonathan Pain, author, The Pain Report .

  • Fundamentals in Asia are attractive, but investors also have to be aware of volatility that they can take advantage of, says Geoff Bazzan of Maple-Brown Abbott.

  • South Korean President Moon Jae-in speaks at the National Assembly on the government budget on June 12, 2017 in Seoul, South Korea.

    South Korea's military said its air forces and the army carried out a missile drill in response to North Korea's nuclear test.

  • SINGAPORE/ TOKYO, Sept 4- The yen gained against the dollar and other currencies in early Asian trade on Monday, as investors trimmed their exposure to higher-risk assets after North Korea conducted its most powerful nuclear test. The yen has continued to behave as a safe-haven currency despite Japan's proximity to North Korea. The fact that the yen has pared its...

  • China could consider an oil embargo on erstwhile ally North Korea, as it did briefly in 2003, but such a step could be highly destabilizing, says Scott Seaman, director, Asia, Eurasia Group.

  • The founding anniversary of North Korea on Sept. 9 may see an ICBM test to follow up on the claimed hydrogen bomb test at the weekend, says Harry Kazianis, director Defense Studies, Center for National Interest. Kingsley Jones, founder and CIO, Jevons Global, says Asian markets may shrug off the weekend test.

  • TOKYO, Sept 4- The yen gained against the dollar and other currencies in early Asian trade on Monday in a knee-jerk reaction after North Korea had conducted its most powerful nuclear test the day before. The dollar fell to as low as 109.22 yen in early trade and last stood at 109.90 yen, still down 0.4 percent from late U.S. levels on Friday. Thus the yen has behaved as a...

  • NEW YORK, Sept 3- U.S. equity index futures dipped at the open on Sunday, as stock traders showed caution following news that North Korea had escalated diplomatic tensions by conducting what it said was a test of a hydrogen bomb. "Traders have been burned by overreacting to the news out of North Korea multiple times over the last month most recently after missiles...

  • *North Korea says hydrogen bomb designed for new ICBM. *China condemns Pyongyang's sixth nuclear test. SEOUL/ WASHINGTON, Sept 3- North Korea on Sunday conducted its sixth and most powerful nuclear test, which it said was of an advanced hydrogen bomb for a long-range missile, prompting the threat of a "massive" military response from the United States if it or its...