Asia-Pacific Shares: Percent and Korea Risks

asia-pacific shares: The Nikkei 225 stock average was down 0.9 percent to a four-month low at one point, then pared losses to close 0.45 percent off, according to The Japan Times. South Korea's Kospi shed as much as 1.6 percent, helping to drag down the MSCI's broadest index of Asia-Pacific shares outside Japan by 0.6 percent. Gold extended a rally above 1,300 an ounce and oil rebounded as investors weighed the damage from Tropical Storm Harvey. ; Equities declined from Seoul to Sydney, though bounced back from the day's lows, and volatility jumped. All sectors are tumbling, which clearly shows that North Korea risks are the reasons behind it, said Cho Byung-hyun, a stock analyst at Yuanta Securities in Seoul. Japan said the missile landed off the eastern coast of Hokkaido in the Pacific Ocean. Japan's currency gained versus all major developed peers, while the Korean won and Australian dollar dropped in a classic risk-off move. (news.financializer.com). As reported in the news.