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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 into less risky assets such as gold, the yen and U.S. government bonds.South Korea's KOSPI fell 1.3 percent in early trade, taking its losses this week to 2.8 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 0.5 percent in its third session of declines, with Australia down 1.4 ...

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First Published: Fri, August 11 2017. 06:20 IST