Japan government bond yields turned negative on Tuesday, underscoring risk aversion, following drops in U.S. stocks.
Since Sunday’s launch was similar to the 2012 launch, officials said it demonstrates stability in North Korea’s rocket program.
Following a day of tumultuous trading in Japan — which saw investors fleeing toward safe assets — European stock markets traded in the red Tuesday.
While North Korea's rocket launch was criticized internationally, a U.S. defense official said the satellite was incapable of functioning accurately.
Stocks slumped in Japan and Australia early Tuesday while markets elsewhere in the region remained closed for Lunar New Year.
After North Korea claimed to launch a rocket Sunday, Beijing is reportedly concerned over news that the U.S. could deploy a missile system nearby.
Investors also looked to the Federal Reserve for its next move following weak U.S. economic data this year.
The steep decline in oil prices has investors wondering how the U.S. Federal Reserve will proceed with its next monetary policy move.
The rocket launch, ostensibly to put a satellite in orbit, has drawn widespread condemnation. China — North Korea’s closest ally — also expressed “regret” over the move.
The U.S. Congress is expected to approve new sanctions on North Korea that would impact Chinese companies.
Singapore stocks ticked upward in early Friday trading, while South Korean stocks remained flat.
Speculation over a hold on Federal Reserve interest rate hikes and big gains in crude oil prices pushed global markets and U.S. stock futures up Thursday.
Oil saw one of its biggest gains in months. Higher oil prices would help energy companies and the many industries that supply them.
Investors rushed to safe havens such as gold and bonds as most world markets extended Tuesday's losses.
Japan deployed ballistic missile defense units soon after North Korea confirmed that it was preparing to launch a satellite.
Japan's Nikkei, South Korea's KOSPI, Singapore's STI and Australia's ASX 200 were all lower in early Wednesday trading.
Factory reports in China, the eurozone and the U.S. all displayed weakness, helping to drag down oil prices.
Markets in China tumbled the most among global benchmark indexes this year, and extended their steepest monthly sell-off since the 2008 financial crisis.
Friday's gains for global stocks and oil prices tempered a turbulent start for the year.
Finland’s Nokia entered into binding arbitration with South Korea’s Samsung in 2013.
Arthur Patterson was convicted of killing a 22-year-old college student at a Burger King outlet in central Seoul in 1997.
"Counter-Strike: Global Offensive" will be the featured game during the first season.