
Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, May 27, 2009
Can North Korean Nukes Rattle Global Stock & Financial Markets? / Stock-Markets / North Korea
By: Gary_Dorsch
News that North Korea’s mercurial leader Kim Jong Il authorized the detonation of a nuclear bomb on May 25th, comparable to those that obliterated Hiroshima and Nagasaki, barely caused a ripple in the global financial markets. Japanese and South Korean stocks initially fell in a knee-jerk reaction, but soon recouped most of their losses, as traders shrugged off the nuclear fallout, - figuring it was just a harmless display of Kim Jong Il’s temper tantrums that erupts once every few years.