Asian markets fall at news of Kim Jong Il death

19th December 2011

Are there significant investment implications arising from the death of North Korean dictator Kim Jong-il? That probably depends on whether regional instability increases.

The Guardian brings news of his death here and the fact that Kim is now to be succeeded by the ‘Great Successor' his son Kim Jong-un.  Meanwhile, The BBC reports on an immediate slide in the South Korean stock market this morning.

It writes: "The benchmark Kospi stock index shed as much as 4.9%, and eventually closed down 3.4%. The currency, the won, fell 1.6% against the dollar.

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