South Korea

North Korean threats have not only spread panic because of the political implications of probable military confrontation, but they have also already affected markets. South Korean officials underlined that the irrational political situation driven by the North Korean threats and rampage would have immense and long-lasting impact on markets. Indeed, the North Korea’s recent policy of aggressive steps might pose a threat to stability of the South Korea’s economy. Yet, South Korean officials have been instantly ensuring that they will take all required steps to stabilize the financial market.