Tokyo led gains across Asian markets Tuesday, tracking a record on Wall Street as the North Korea crisis eased and dealers breathed a sigh of relief that Hurricane Irma caused less damage to Florida than feared.
The UN Security Council voted unanimously Monday to step up sanctions against North Korea, having won the crucial support of Russia and China, while the US held out hope for a peaceful resolution to the crisis. The move provided a much-needed boost after Pyongyang's September 3 nuclear test hammered markets last week and sent investors fleeing for the safe havens of gold and the yen.
-AFP, Hong Kong
Leave Your Comments