South Korean shares fell on Thursday after North Korea launched two missiles. The projectiles were a 'new type of short-range missile' and posed a 'military threat,' South Korea's Ministry of Defense said.
The Kospi index closed down 0.4% after the country's military said that Pyongyang had launched two missiles toward the East Sea, also known as the Sea of Japan. The projectiles were a"new type of short-range missile" and posed a"military threat" which risked undermining the peace process on the Korean Peninsula, South Korea's Ministry of Defense said.
"We expect GDP growth to remain moderate over the rest of the year amid heightened trade uncertainties, but recent monetary easing by the Bank of Korea will provide some support," Oxford Economics said in a note.Read MoreSouth Korea missed out on modest gains across other Asian markets, which were drawing support from confirmation of new US-China trade talks and hopes of central bank stimulus.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S. security adviser Bolton meets South Korean officials, seeks stronger tiesU.S. security adviser Bolton meets South Korean officials to discuss North Korea, alliance
Leer más »
South Korea fires hundreds of warning shots at Russian military planeSouth Korean warplanes fired hundreds of warning shots at a Russian military air...
Leer más »
North Korean leader Kim Jong Un inspects new sub that could potentially threaten USNorth Korean leader Kim Jong Un inspected a newly built submarine on Tuesday as North Korean and U.S. negotiators wait to return to the bargaining table.
Leer más »