North Korea tested a missile which “blew up” soon after launch, following a military parade to commemorate the birthday of Kim Il-Sung over the weekend, Reuters said. The test came before US Vice President Mike Pence arrived in Seoul for a trip that aims to reassure American allies in Asia.
Japan’s Nikkei 225 was lower by 0.5 percent but the Kospi climbed 0.43 percent. In mainland China, the Shanghai Composite dropped 0.64 percent while the Shenzhen Composite fell 0.672 percent.
Hong Kong, Australia and New Zealand markets are closed for Easter Monday.
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