• North Korea appears to have fired missiles again towards Japan

Market news

5 October 2022

North Korea appears to have fired missiles again towards Japan

North Korea appears to have fired missiles again according to the Japanese coast guard.

Earlier in the week, Japan urged residents to take shelter after North Korea had been reported to have fired a ballistic missile over the north of the country.

It was the North's first missile launch over Japan since 2017.

The US, Japan and South Korea conducted their own military drills in response.

This escalation of Pyongyang’s missile tests has prompted immediate backlash from Tokyo and has put markets on risk-off alert. 

 

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