North Korea ups the ante North Korea conducted several
missile tests this week in response to annual US - South Korea military exercises.
Not exact matches
Urgency over Pyongyang's nuclear ambitions have escalated recently with United States seeing indications that North Korea may be preparing for a new
missile test - launch soon, U.S.officials said last
week before President Donald Trump's inauguration.
North Korea is likely to continue pursuing ballistic
missile tests at its current pace of about every three to four
weeks despite the sanctions, according to John Park, director of the Korea Working Group at Harvard Kennedy School.
Tillerson's remarks came two
weeks after North Korea conducted a
test with a
missile that could potentially carry a nuclear warhead to the U.S. Eastern Seaboard.
In response, India has gone beyond expressing dismay by
testing its long - range ballistic
missiles - Agni IV and Agni V - in recent
weeks.
In recent
weeks, North Korea has launched two
missiles over Japan and conducted its sixth nuclear
test, as it fast advances toward its goal of developing a nuclear - tipped
missile capable of hitting the U.S. mainland.
Last
week's unexpected and disturbing anti-satellite
missile test illustrates how geopolitical developments always have the possibility of throwing well founded forecasts off - track.
Premiums on South Korean foreign exchange stabilisation bonds, a key barometer of sovereign risk, jumped to an 18 - month high this
week as tensions between Pyongyang and Washington rose following ballistic
missile tests by North Korea.
For the
week, West Texas Intermediate crude rose to $ 54.10 per barrel from $ 53.10 on increased tensions between the United States and Iran following an Iranian
missile test.
North Korea
tested an intercontinental ballistic
missile last
week which landed in the Sea of Japan, raising concerns that more parts of the U.S. could be at risk of an attack.
The
missile test earlier this
week marked a major advancement for North Korea.
The trading
week started quite favorably for the yen since it gapped higher against everything except the safe - haven Swissy, thanks to news over the weekend that North Korea successfully
tested a hydrogen bomb and was planning another
missile test, which naturally caused risk aversion to really ramp up.
Bitcoin prices remained stable overnight during the Asian trading session, after the cryptocurrency saw one of the biggest jumps in
weeks, as investors appears to have been spooked by the latest North Korea
missile test and turn to bitcoin.