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Stocks

Malaysian stocks rebound as Tenaga hits record high, Singapore equities fall

Markets shrug off North Korea's latest missile test

KUALA LUMPUR (Nikkei Markets) -- Malaysian shares recovered from nine-month lows on Wednesday, paced by gains in heavyweight Tenaga Nasional. Singapore stocks slipped from near 29-month highs.

It was a mixed session for Asian markets with little discernible impact from North Korea's latest missile test. Pyongyang confirmed on Wednesday it had successfully launched a new type of intercontinental ballistic missile that was capable of striking anywhere in the U.S. It was North Korea's third intercontinental ballistic missile test, following the two in July.

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