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Asia tensions renewed after last actions of North Korea

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North Korea fired an unidentified ballistic missile over Japan on Tuesday, rattling Asian markets as the U.S. and its allies weighed a response to Kim Jong Un’s latest provocation.The missile landed in the Pacific Ocean about 1,200 kilometers (745 miles) east of Japan’s northern island of Hokkaido, Chief Cabinet Secretary Yoshihide Suga told reporters. South Korean President Moon Jae-in ordered a show of force in response, with four F-15K jet fighters conducting bomb-dropping drills.

“A missile passing over Japan is an unprecedented, grave and serious threat,” Prime Minister Shinzo Abe told reporters in Tokyo. Abe said he spoke with President Donald Trump for 40 minutes, and they agreed to increase pressure on North Korea. He also called for China and Russia to take action.

Source: Bloomberg Pro Terminal

Trader Bozhidar Arabadzhiev


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