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Dollar, shares up in Asia on relief at North Korea inaction

Reuters  |  SYDNEY 

By Wayne ColeSYDNEY (Reuters) - The U.S. dollar won a reprieve from risk aversion on Monday after North Korean dictator Kim Jong Un decided to hold a party over the weekend rather than launch another missile, tempering safe havens such as the yen and Treasuries.Investors remained cautious over the possible economic impact of Hurricane Irma as it chewed its way up the Florida coast, knocking out electricity to 3 million homes and businesses statewide.Japan's Nikkei rose 1.4 percent after Pyongyang held a massive celebration to congratulate the nuclear scientists and technicians who steered the ...

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First Published: Mon, September 11 2017. 11:38 IST