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Asia stocks, dollar extend slide as U.S., North Korea tensions intensify

Reuters  |  SINGAPORE 

By Nichola SaminatherSINGAPORE (Reuters) - Asian stocks slumped on Friday as tensions ramped up between the U.S. and North Korea, sending investors fleeing to less risky assets such as gold, the yen and U.S. government bonds.South Korea's KOSPI fell 1.4 percent, taking its losses this week to nearly 3 percent.The Korean won also continued to skid, sliding 0.3 percent to 1,145 won to the dollar, after earlier sinking to its lowest level in a month.MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.6 percent in its third session of declines, heading for a 1.5 percent drop for ...

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First Published: Fri, August 11 2017. 08:27 IST