FXWire Pro Headline | April 3 2013 11:09 EDT
N.KOREA EYED AS ASIAN SHARES EASE ON WEAK US DATA
- Investors nervously watched developments in the Korean Peninsula on Thursday while Asian stocks fell after weak data stoked concerns the key American jobs report due later in the week will signal slowing U.S. growth.
- The MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6 percent, dragged down by a 2 percent slump in South Korean shares, while the South Korean won slid 0.7 percent against the U.S. dollar. Australian shares slid 0.7 percent, with volatile commodities hitting prices.
- Japan's Nikkei stock average retreated 1.8 percent, after soaring 3 percent on Wednesday.