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Asian Shares Buoyant Despite North Korea Scare

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Asian shares gained on Tuesday, shrugging off modest losses on Wall Street and increasing tension surrounding North Korea. According to Reuters, Korean shares rallied 1.4 percent on their first day of trading this month, on the expectation that tensions with Pyongyang would ease. Russian Foreign Minister Sergei Lavrov told U.S. Secretary of State Rex Tillerson in a phone call on Monday that an escalation of tension on the Korean peninsula is unacceptable. Russia and China both called for restraint on North Korea. The clamor arose after U.S. President Donald Trump warned over the weekend that “only one thing will work” in dealing with Pyongyang, hinting that military action was on his mind. http://feeds.reuters.com/~r/reuters/t... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com

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Financial Markets TOKYO United States Reuters Russia North Korea U.S. Seoul Japan U.S. Federal Reserve China Sergey Lavrov Pyongyang Rex Tillerson Secretary of State military actions military option World War III
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